Amcor (AMCR) stock
Materials · Paper & Plastic Packaging Products & Materials
Amcor (AMCR) is a Paper & Plastic Packaging Products & Materials company in the Materials sector, headquartered in Warmley, Bristol, United Kingdom. As of October 23, 2026, AMCR closed at $46.11, a market capitalization of $21.30 billion, the 395th largest company in the S&P 500. Over the last twelve months it generated $23.51 billion in revenue (+26% year over year) and $1.23 billion in free cash flow. The stock trades at 19.4x trailing earnings and 10.6x forward earnings.
- 1-year total return: +18.9% (dividends reinvested)
- 5-year return: -0.5% a year
- 52-week range: $36.25 – $50.94
- Gross margin 20.0%, operating margin 9.7%
- Dividend yield: 5.64%, 5 straight years of increases
- FI Handbook report card: C across 10 metrics
- 18th largest of 24 Materials stocks in the S&P 500
AMCR price chart
1Y price change: +12.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| AMCR | +7.7% | +15.5% | +18.9% | +8.8% | -0.5% | +2.2% | +5.3% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2012.
AMCR key statistics
- Market cap
- $21.3B
- #395 in S&P 500
- P/E (TTM)
- 19.4x
- Forward P/E
- 10.6x
- EPS (TTM)
- $2.38
- Revenue (TTM)
- $23.5B
- +26%
- Free cash flow
- $1.2B
- Gross margin
- 20.0%
- Operating margin
- 9.7%
- Return on equity
- 9.4%
- Dividend yield
- 5.64%
- 52-week range
- $36.25 – $50.94
- Beta
- 0.58
- Price / sales
- 0.9x
- EV / EBITDA
- 10.0x
- Debt / equity
- 1.28x
- Employees
- 75,000
AMCR report card
CTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth25.9%A
- Gross margin20.0%D
- Operating margin9.7%D
- FCF margin5.2%D
- Return on equity9.4%D
- Net debt / EBITDA4.0xF
- Forward P/E10.6xA
- PEG ratio1.0xA
- Shareholder yield5.6%A
- Share count change / yr8.3%F
Amcor financials
Revenue went from $9.1B in fiscal 2017 to $23.5B in fiscal 2026, growing 11.1% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1B | $9.3B | $9.5B | $12.5B | $12.9B | $14.5B | $14.7B | $13.6B | $15.0B | $23.5B |
| Gross profit | $1.9B | $1.9B | $1.8B | $2.5B | $2.7B | $2.8B | $2.7B | $2.7B | $2.8B | $4.7B |
| Operating income | $916.1M | $993.9M | $792.0M | $994.0M | $1.3B | $1.2B | $1.5B | $1.2B | $1.0B | $1.9B |
| Net income | $564.0M | $575.2M | $430.0M | $612.0M | $939.0M | $805.0M | $1.0B | $730.0M | $511.0M | $1.1B |
| EPS (diluted) | $2.40 | $2.47 | $1.81 | $1.91 | $3.01 | $2.65 | $3.52 | $2.52 | $1.60 | $2.38 |
| Free cash flow | $529.6M | $506.4M | $443.8M | $984.0M | $993.0M | $999.0M | $735.0M | $829.0M | $810.0M | $1.2B |
| Buybacks | — | $0 | $0 | $537.0M | $351.0M | $601.0M | $432.0M | $30.0M | $0 | $1.0M |
| Dividends paid | $489.1M | $526.8M | $680.0M | $761.0M | $742.0M | $732.0M | $723.0M | $722.0M | $845.0M | $1.2B |
| Diluted shares | 232.8M | 232.3M | 236.8M | 320.4M | 311.2M | 303.2M | 295.2M | 288.1M | 318.6M | 463.8M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into AMCR?
A reverse DCF asks what growth the current price requires. With an enterprise value of $35.3B and $1.2B of trailing free cash flow, Amcor needs to grow free cash flow about 19.8% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 4.4% a year over the last five years.
P/E ratio history
Current 19.4x vs. median 22.1x (10th–90th percentile 14.9x–28.9x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
AMCR dividend
- Dividend yield
- 5.64%
- Annual dividend
- $2.60
- Years of increases
- 5
- 5-yr dividend growth
- 2.1%
- per year
- Payout ratio
- 109%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
AMCR analyst price targets
11 analysts' average 12-month target is $50.29 (+9% vs. $46.11). Targets range from $42.00 to $60.00. 54% rate it a buy.
AMCR earnings
Next report: November 4, 2026. Amcor has beaten EPS estimates 4 quarters in a row. Last quarter's revenue was $6.4B (+26% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 12, 2026 | $1.18 | $1.23 | +4.2% |
| May 6, 2026 | $0.95 | $0.96 | +0.6% |
| Feb 3, 2026 | $0.84 | $0.86 | +2.5% |
| Nov 5, 2025 | $0.92 | $0.97 | +4.9% |
| Aug 14, 2025 | $1.08 | $1.00 | -7.2% |
| Apr 30, 2025 | $0.91 | $0.90 | -1.3% |
| Feb 4, 2025 | $0.79 | $0.81 | +2.1% |
| Oct 31, 2024 | $0.82 | $0.81 | -1.2% |
Stocks like AMCR
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 PKG Packaging Corporation of Americ | -0.65% | +19% | $22.0B | 30.5x | Compare |
 SW Smurfit WestRock | -1.37% | +0% | $22.0B | 44.1x | Compare |
 IP International Paper | -1.45% | -29% | $17.6B | — | Compare |
 AVY Avery Dennison | -1.53% | -0% | $13.8B | 19.9x | Compare |
 LIN Linde | -0.30% | +15% | $234.6B | 32.8x | Compare |
 NEM Newmont | -4.59% | +24% | $113.1B | 12.6x | Compare |
 FCX Freeport-McMoRan | +0.91% | +60% | $93.6B | 32.1x | Compare |
 SHW Sherwin-Williams | -2.48% | +3% | $81.8B | 31.1x | Compare |
AMCR news
- Aptar Taps Pharma Packaging Veteran Virginie Maes as President of its Pharma Business · Oct 22, 2026
- Amcor to report September 2026 results · Oct 21, 2026
- Better High-Yield Dividend Stock: Realty Income vs. Amcor · Oct 14, 2026
- Better High-Yield Dividend Stock: Clorox vs. Amcor · Oct 13, 2026
- Packaging innovations: Sonoco’s snack hack for Mars, Amcor flips for pet food · Oct 1, 2026
AMCR stock FAQ
What is AMCR's market cap?
Amcor's market capitalization is $21.30 billion as of October 23, 2026, ranking 395th in the S&P 500.
What is AMCR's P/E ratio?
AMCR trades at a trailing price-to-earnings ratio of 19.4x and a forward P/E of 10.6x. Its median P/E over the period we track is 22.1x.
Does AMCR pay a dividend?
Yes. Amcor pays $2.60 per share a year, a 5.64% yield. It has raised its dividend 5 years in a row. Dividends grew 2.1% a year over the last five years.
How much has AMCR stock returned?
Including reinvested dividends, AMCR returned +18.9% over one year, -0.5% a year over five years, +2.2% a year over ten years through October 23, 2026.
Is AMCR stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Amcor must grow free cash flow about 20% a year for the next decade. Its free cash flow grew 4% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the AMCR price target?
11 analysts cover AMCR with an average 12-month price target of $50.29, +9% from the current price. 54% of them rate it a buy.
When does AMCR report earnings?
Amcor is expected to report earnings on November 4, 2026. It has beaten EPS estimates 4 quarters in a row.
How many employees does Amcor have?
Amcor has about 75,000 full-time employees, or $313,413 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology