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Amcor (AMCR) EBIT : $1,298 Mil (TTM As of Sep. 2024)


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What is Amcor EBIT?

Amcor's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $322 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $1,298 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amcor's annualized ROC % for the quarter that ended in Sep. 2024 was 7.79%. Amcor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 26.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Amcor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.99%.


Amcor EBIT Historical Data

The historical data trend for Amcor's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amcor EBIT Chart

Amcor Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,032.00 1,346.00 1,274.00 1,541.00 1,255.00

Amcor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 279.00 254.00 319.00 403.00 322.00

Competitive Comparison of Amcor's EBIT

For the Packaging & Containers subindustry, Amcor's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amcor's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Amcor's EV-to-EBIT falls into.



Amcor EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,298 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amcor  (NYSE:AMCR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Amcor's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1272 * ( 1 - 18.22% )/( (12957 + 13765)/ 2 )
=1040.2416/13361
=7.79 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Amcor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1288/( ( (4330 + max(212, 0)) + (4412 + max(866, 0)) )/ 2 )
=1288/( ( 4542 + 5278 )/ 2 )
=1288/4910
=26.23 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1846 + 2031 + 500) - (2979 + 0 + 1186)
=212

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1973 + 2228 + 605) - (2713 + 0 + 1227)
=866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Amcor's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1298/21659.898
=5.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amcor EBIT Related Terms

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Amcor Business Description

Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global producer of plastic packaging primarily for the fast-moving consumer goods industry. About 90% of earnings are exposed to the flexible packaging business. This is soft disposable plastic for a variety of food, drink, healthcare, and hygiene products. The remainder of earnings are from the Latin and North American rigids business, which is primarily beverage bottling for the soft drink industry. Operating in more than 35 countries, Amcor has market share in its established regions of North America, Latin America, Europe, and Asia-Pacific. About half of group sales are derived from North America and the remainder is split equally between Western Europe and emerging markets. Australia and New Zealand sales make up less than 5% of group sales.
Executives
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Andrea E. Bertone director C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Julie Marie Sorrells officer: V.P. & Corporate Controller 83 TOWER ROAD NORTH, WARMLEY BRISTOL X0 BS30 8XP
Arun Nayar director 9 MARSHAL LANE, WESTON CT 06883
Foufopoulos - De Ridder Lucrece director 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Ian Wilson officer: Executive Vice President C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Louis Fred Stephan officer: President, Amcor Flexibles NA 2301 INDUSTRIAL DRIVE, NEENAH WI 54956
Ronald Stephen Delia officer: Chief Executive Officer C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Michael J Zacka officer: President, Amcor Flex Europe 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Eric V Roegner officer: President,Amcor Rigid Plastics ARCONIC INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Casamento officer: Executive VP, Finance & CFO C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Gonzalez Susana Suarez officer: Ex. VP & Chief Human Resources 521 WEST 57TH STREET, NEW YORK NY 10019
Deborah Rasin officer: General Counsel TWO PRUDENTIAL PLAZA, SUITE 4100, CHICAGO IL 60601
Achal Agarwal director P.O. BOX 61900, DALLAS TX 75261-9100
Susan K Carter director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036