Amcor PLC

amcor.com

What Do They Do?

Produces flexible and rigid packaging and dispensing solutions for food, beverage, and healthcare customers.

How Do They Make Money?

Customers buy flexible and rigid packaging, and Amcor typically gets paid when the products ship. Sales are mainly through its direct sales force.

revenue

Segment	Share	Revenue	How money arrives
Global Flexible Packaging Solutions Sold outright	55% FY2023: 76%		Sold outright
Global Rigid Packaging Solutions Sold outright	45% FY2023: 24%		Sold outright

Who Are Their Customers?

Food, beverage, consumer-products, and healthcare companies buy packaging, mainly through Amcor’s direct sales force.

Do Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2026 and turned 5 cents into free cash flow.

Operating income, FY2026

8% of revenue

▲ +88% vs FY2025 ($1B, 7%)

Net income, FY2026

5% of revenue

▲ +116% vs FY2025 ($511M, 3%)

Free cash flow, FY2026

5% of revenue

▲ +52% vs FY2025 ($810M, 5%)

How Are They Changing?

Growing. Revenue grew 62% in 4 years, from $14.5B in FY2022 to $23.5B in FY2026, about 13% a year.

Broader rigid packaging business The older report described rigid packaging in the Americas; the latest report describes rigid packaging containers, closures, dispensing and pharma delivery devices worldwide.

More customer categories The older report described packaging for food, beverage, pharmaceutical, medical, home and personal-care, and other products; the latest report focuses on nutrition, health, beauty and wellness categories.

Revenue over time

Global Flexible Packaging Solutions Global Rigid Packaging Solutions Other

$25B$12.5B$0

FY2022 FY2023 FY2024 FY2025 FY2026

Who Do They Compete With?

Competes with 3M, AptarGroup, Avery Dennison, Ball, Crown Holdings, Graphic Packaging International, Huhtamaki Oyj, International Paper, O-I Glass, Orora, Packaging Corporation of America, Silgan Holdings, Smurfit WestRock, and Sonoco Products

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