Amcor (AMCR) FY2023 results: revenue $14.7 billion, up 1.0% on the year
Amcor plc (AMCR) reported revenue of $14.7 billion for fiscal 2023, the year ended 30 June 2023, up 1.0% on the year before. Net income was $1.0 billion, up 30.2%, and diluted earnings per share $3.52. The figures are the company's own, from the 10-K it filed with the SEC on 17 August 2023.
Revenue
$14.7 billion
+1.0% on the year
FY2017FY2023
Operating margin
10.3%
8.5% a year earlier
FY2017FY2023
Net income
$1.0 billion
+30.2% on the year
FY2017FY2023
Diluted EPS
$3.52
+33.3% on the year
FY2017FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,261
1,526
1,461
-17.4%
Capital expenditure
526
527
468
-0.2%
Free cash flow
735
999
993
-26.4%
Free cash flow margin
5.0%
6.9%
7.7%
Cash from investing
-309
-527
-233
Cash from financing
-1,025
-891
-1,179
Depreciation and amortisation
586
625
574
-6.2%
Share-based compensation
54.0
63.0
58.0
-14.3%
Buybacks
432
601
351
-28.1%
Dividends paid
723
732
742
-1.2%
Dividend per share
$2.44
$2.39
$2.34
+2.1%
Diluted shares, weighted
295m
303m
311m
-2.6%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
4,026
4,082
4,764
-1.4%
Non-controlling interest
64.0
59.0
57.0
+8.5%
Debt
6,746
6,490
6,289
+3.9%
Operating lease liabilities
463
493
462
-6.1%
Finance lease liabilities
40.0
52.0
30.0
-23.1%
Other liabilities
5,664
6,250
5,586
-9.4%
Total liabilities and equity
17,003
17,426
17,188
-2.4%
Fixed assets
n/a
3,646
3,761
Goodwill
5,366
5,285
5,419
+1.5%
Intangible assets
1,524
1,657
1,835
-8.0%
Cash and equivalents
689
775
850
-11.1%
Receivables
1,875
1,935
1,864
-3.1%
Inventory
n/a
2,439
1,991
Other assets
7,549
1,689
1,468
+347.0%
Total assets
17,003
17,426
17,188
-2.4%
10-K for the year ended 30 June 2023, filed 17 August 2023: the filing.