Amcor (AMCR) FY2024 results: revenue $13.6 billion, down 7.2% on the year
Amcor plc (AMCR) reported revenue of $13.6 billion for fiscal 2024, the year ended 30 June 2024, down 7.2% on the year before. Net income was $730 million, down 30.3%, and diluted earnings per share $2.52. The figures are the company's own, from the 10-K it filed with the SEC on 16 August 2024.
Revenue
$13.6 billion
-7.2% on the year
FY2017FY2024
Operating margin
8.9%
10.3% a year earlier
FY2017FY2024
Net income
$730 million
-30.3% on the year
FY2017FY2024
Diluted EPS
$2.52
-28.4% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,321
1,261
1,526
+4.8%
Capital expenditure
492
526
527
-6.5%
Free cash flow
829
735
999
+12.8%
Free cash flow margin
6.1%
5.0%
6.9%
Cash from investing
-476
-309
-527
Cash from financing
-857
-1,025
-891
Depreciation and amortisation
595
586
625
+1.5%
Share-based compensation
32.0
54.0
63.0
-40.7%
Buybacks
30.0
432
601
-93.1%
Dividends paid
722
723
732
-0.1%
Dividend per share
$2.49
$2.44
$2.39
+2.1%
Diluted shares, weighted
288m
295m
303m
-2.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
3,881
4,026
4,082
-3.6%
Non-controlling interest
72.0
64.0
59.0
+12.5%
Debt
6,699
6,746
6,490
-0.7%
Operating lease liabilities
488
463
493
+5.4%
Finance lease liabilities
32.0
40.0
52.0
-20.0%
Other liabilities
5,352
5,664
6,250
-5.5%
Total liabilities and equity
16,524
17,003
17,426
-2.8%
Fixed assets
n/a
n/a
3,646
Goodwill
5,345
5,366
5,285
-0.4%
Intangible assets
1,391
1,524
1,657
-8.7%
Cash and equivalents
588
689
775
-14.7%
Receivables
1,846
1,875
1,935
-1.5%
Inventory
n/a
n/a
2,439
Other assets
7,354
7,549
1,689
-2.6%
Total assets
16,524
17,003
17,426
-2.8%
10-K for the year ended 30 June 2024, filed 16 August 2024: the filing.