Amcor Historical Income Statement

AMCR Stock  USD 10.02  0.11  1.09%   
Historical analysis of Amcor PLC income statement accounts such as Interest Expense of 365.4 M, Total Revenue of 9.4 B or Gross Profit of 2.2 B can show how well Amcor PLC performed in making a profits. Evaluating Amcor PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Amcor PLC's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Amcor PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Amcor PLC is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amcor PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.

About Amcor Income Statement Analysis

Amcor PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Amcor PLC shareholders. The income statement also shows Amcor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Amcor PLC Income Statement Chart

At this time, Amcor PLC's Net Income From Continuing Ops is relatively stable compared to the past year. As of 12/12/2024, Reconciled Depreciation is likely to grow to about 637.6 M, while Gross Profit is likely to drop slightly above 2.2 B.

Total Revenue

Total revenue comprises all receipts Amcor PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Amcor PLC minus its cost of goods sold. It is profit before Amcor PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Amcor PLC. It is also known as Amcor PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Amcor PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Amcor PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Amcor PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Amcor PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amcor PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.At this time, Amcor PLC's Net Income From Continuing Ops is relatively stable compared to the past year. As of 12/12/2024, Reconciled Depreciation is likely to grow to about 637.6 M, while Gross Profit is likely to drop slightly above 2.2 B.
 2021 2023 2024 (projected)
Interest Expense135M348M365.4M
Depreciation And Amortization580M587M616.4M

Amcor PLC income statement Correlations

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0.470.290.810.99-0.020.70.710.860.8-0.350.760.690.870.920.530.990.33-0.38-0.610.39-0.5-0.120.55-0.41
0.590.150.810.740.410.780.820.610.71-0.640.720.520.710.890.110.830.53-0.49-0.920.57-0.7-0.20.84-0.6
0.360.220.990.74-0.080.610.60.90.77-0.230.730.710.870.890.540.960.25-0.31-0.490.3-0.39-0.020.42-0.28
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0.440.290.70.780.610.260.920.450.73-0.670.730.240.580.810.110.710.36-0.66-0.850.52-0.63-0.350.84-0.48
0.750.360.710.820.60.30.920.40.71-0.830.730.290.580.80.110.740.45-0.72-0.880.55-0.79-0.460.86-0.66
0.170.230.860.610.9-0.370.450.40.5-0.080.460.80.920.770.610.830.09-0.14-0.360.0-0.30.020.33-0.15
0.410.040.80.710.770.350.730.710.5-0.280.970.420.490.820.130.760.45-0.49-0.560.65-0.40.010.44-0.27
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0.440.070.760.720.730.410.730.730.460.97-0.340.420.460.80.10.730.4-0.56-0.590.7-0.46-0.090.46-0.32
0.26-0.130.690.520.71-0.280.240.290.80.420.00.420.720.550.460.650.43-0.23-0.270.03-0.240.290.23-0.03
0.350.260.870.710.87-0.220.580.580.920.49-0.390.460.720.830.420.840.11-0.33-0.53-0.02-0.53-0.130.54-0.34
0.490.230.920.890.890.180.810.80.770.82-0.520.80.550.830.230.890.31-0.56-0.740.38-0.62-0.180.67-0.43
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0.520.350.990.830.96-0.010.710.740.830.76-0.410.730.650.840.890.560.36-0.37-0.660.44-0.54-0.20.6-0.49
0.43-0.320.330.530.250.360.360.450.090.45-0.250.40.430.110.31-0.020.36-0.32-0.540.53-0.240.270.49-0.23
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0.40.10.390.570.30.670.520.550.00.65-0.320.70.03-0.020.380.030.440.53-0.28-0.6-0.3-0.190.46-0.43
-0.76-0.48-0.5-0.7-0.39-0.24-0.63-0.79-0.3-0.40.85-0.46-0.24-0.53-0.620.04-0.54-0.240.720.75-0.30.66-0.780.85
-0.46-0.9-0.12-0.2-0.02-0.02-0.35-0.460.020.010.64-0.090.29-0.13-0.18-0.17-0.20.270.330.37-0.190.66-0.440.79
0.560.290.550.840.420.340.840.860.330.44-0.820.460.230.540.670.00.60.49-0.59-0.970.46-0.78-0.44-0.7
-0.72-0.68-0.41-0.6-0.28-0.26-0.48-0.66-0.15-0.270.75-0.32-0.03-0.34-0.43-0.12-0.49-0.230.380.68-0.430.850.79-0.7
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Amcor PLC Account Relationship Matchups

Amcor PLC income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization587.3M206.3K573M580M587M616.4M
Interest Expense185M139M135M259M348M365.4M
Total Revenue12.5B12.9B14.5B14.7B13.6B9.4B
Gross Profit2.5B2.7B2.8B2.7B2.7B2.2B
Other Operating Expenses11.4B11.4B13.1B13.3B12.3B6.7B
Operating Income994M1.3B1.2B1.5B1.2B684.4M
Ebit1.8B1.4B1.2B1.5B1.3B1.3B
Ebitda1.8B2B1.8B2.1B1.8B1.9B
Total Operating Expenses1.4B1.3B1.3B1.3B1.4B906.5M
Income Before Tax825M1.2B1.1B1.3B907M530.3M
Total Other Income Expense Net(169M)(128M)(124M)(257M)(307M)(291.7M)
Net Income612M939M805M1.0B730M399.6M
Income Tax Expense187M261M300M193M163M144.5M
Research Development97M100M96M101M106M61.4M
Cost Of Revenue9.9B10.1B11.7B12.0B10.9B8.7B
Tax Provision186.9M261M300M193M163M215.3M
Interest Income22.2M14M24M31M38M39.0M
Net Income From Continuing Ops624.3M951M815M1.1B740M764.8M
Net Income Applicable To Common Shares611.8M939M940M1.0B1.2B736.9M
Minority Interest61.2M57M10M(10M)(9M)(8.6M)
Net Interest Income(184.7M)(139M)(135M)(259M)(310M)(325.5M)
Reconciled Depreciation651.6M574M625M586M595M637.6M

Pair Trading with Amcor PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcor PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcor PLC will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Amcor PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcor PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcor PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcor PLC to buy it.
The correlation of Amcor PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcor PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcor PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amcor PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Amcor Stock Analysis

When running Amcor PLC's price analysis, check to measure Amcor PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.