AmcorASX:AMC +1.09%83 Gross Margin % is 20.12% as of Mar. 2026, which is 1% above its 10-year median of 19.90. GuruFocus rates ASX:AMC with a GF Score™ of 83/100 and a GF Value™ of A$70.38 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 383 Packaging & Containers companies, Amcor ranks worse than 56.4% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Amcor's Gross Profit for the
three
months ended in Mar. 2026 was A$1,696 Mil. Amcor's Revenue for the
three
months ended in Mar. 2026 was A$8,427 Mil. Therefore, Amcor's Gross Margin % for the quarter that ended in Mar. 2026 was 20.12%.
Warning Sign:
Amcor PLC gross margin has been in long-term decline. The average rate of decline per year is -1.7%.
The historical rank and industry rank for Amcor's Gross Margin % or its related term are showing as below:
ASX:AMC'
s Gross Margin % Range Over the Past 10 Years
Min: 18.54 Med: 19.9 Max: 21.24
Current: 19.14
During the past 13 years, the highestGross Margin % of Amcor was 21.24%. The lowest was 18.54%. And the median was 19.90%.
ASX:AMC's Gross Margin % is ranked worse than 56.4% of 383
companies
in the Packaging & Containers industry
Industry Median: 21.27
vs ASX:AMC: 19.14
Amcor had a gross margin of 20.12% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Amcor was -1.70% per year.
Amcor (ASX:AMC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Amcor had a gross margin of 20.12% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Amcor Gross Margin % Related Terms
Amcor Gross Margin % Historical Data
* Premium members only.
The historical data trend for Amcor's Gross Margin % 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.
ASX:AMC vs IP, PKG, BALL: Gross Margin % Comparison
For the Packaging & Containers subindustry, Amcor's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Amcor's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Amcor (ASX:AMC) has a Gross Margin % of 20.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Amcor and its competitors. This is near median its historical median of 19.90. Over the past decade, Amcor's Gross Margin % has ranged from 18.54 to 21.24. According to the industry distribution chart, Amcor ranks #216 out of 383 companies in the Packaging & Containers industry, placing it in the top 56.4%.
Is Amcor's Gross Margin % too high?
Amcor's current Gross Margin % of 20.12% is near median its 10-year median of 19.90. Over the past 10 years, this metric has ranged from a low of 18.54 to a high of 21.24. The Packaging & Containers industry median Gross Margin % is 21.27. Amcor's value of 20.12% is 5.4% below this industry median. Based on the distribution chart, Amcor ranks #216 out of 383 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Amcor has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Amcor's Gross Margin % compare to IP and PKG?
According to the Packaging & Containers industry distribution chart, Amcor ranks #216 out of 383 companies for Gross Margin %. This places Amcor in the lower half of its industry. The industry median Gross Margin % is 21.27. Amcor's value of 20.12% is 5.4% below this benchmark. Historically, Amcor's own Gross Margin % has ranged from 18.54 to 21.24 over the past decade. While the company's 10-year median is 19.90 vs. the industry median of 21.27, Amcor has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.27, based on 383 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amcor's current Gross Margin % of 20.12% is 5.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Amcor and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amcor's current Gross Margin % is 20.12%, which is near median its own 10-year median of 19.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amcor stock overvalued right now?
Based on GuruFocus' analysis, Amcor (ASX:AMC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$70.38, compared to a current price of A$58.58 — trading 16.8% below its estimated fair value. The current Gross Margin % is 20.12%, which is near median its 10-year median of 19.90 and 5.4% below the Packaging & Containers industry median of 21.27. Amcor's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Amcor (ASX:AMC), the current Gross Margin % is 20.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Amcor (ASX:AMC) Overvalued in 2026?
Based on GuruFocus' analysis, Amcor stock appears to be undervalued.
The current stock price of A$58.58 is trading 16.8% below its estimated GF Value™ of A$70.38.
GuruFocus considers Amcor to be Modestly Undervalued.
Key valuation signals for ASX:AMC:
Gross Margin %: 20.12% (near median its 10-year median of 19.90)
GF Value™: A$70.38 vs. price of A$58.58 (16.8% below fair value)
Industry Position: 5.4% below the Packaging & Containers median (#216 of 383)
No single metric tells the full story. See the ASX:AMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
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