Amcor (ASX:AMC) Interest Coverage: 3.12 (As of Mar. 2026) — 33% Below Median


ASX:AMC Amcor PLC ASX:AMC
83 GF Score
Price A$58.58
GF Value A$70.38
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Amcor Interest Coverage?

Amcor ASX:AMC +1.09% 83 Interest Coverage is 3.12 as of Mar. 2026, which is 33% below its 10-year median of 4.64. 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 317 Packaging & Containers companies, Amcor ranks worse than 70.66% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Amcor's Operating Income for the three months ended in Mar. 2026 was A$755 Mil. Amcor's Interest Expense for the three months ended in Mar. 2026 was A$-242 Mil. Amcor's interest coverage for the quarter that ended in Mar. 2026 was 3.12. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Amcor's Interest Coverage or its related term are showing as below:

ASX:AMC' s Interest Coverage Range Over the Past 10 Years
Min: 2.32   Med: 4.64   Max: 9.26
Current: 2.82


ASX:AMC's Interest Coverage is ranked worse than
70.66% of 317 companies
in the Packaging & Containers industry
Industry Median: 6.08 vs ASX:AMC: 2.82

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Amcor  (ASX:AMC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Amcor Interest Coverage Related Terms


Amcor Interest Coverage Historical Data

* Premium members only.

The historical data trend for Amcor's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Amcor Interest Coverage Chart

Amcor Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 9.26 4.84 3.77 3.32

Amcor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 4.06 2.24 3.19 2.66 3.12

ASX:AMC vs IP, PKG, BALL: Interest Coverage Comparison

For the Packaging & Containers subindustry, Amcor's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Amcor's Interest Coverage falls into.


ASX:AMC
83GF Score
Amcor PLC ASX:AMC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amcor Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Amcor's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Amcor's Interest Expense was A$-608 Mil. Its Operating Income was A$2,021 Mil. And its Long-Term Debt & Capital Lease Obligation was A$22,658 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*2021.376/-608.256
=3.32

Amcor's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Amcor's Interest Expense was A$-242 Mil. Its Operating Income was A$755 Mil. And its Long-Term Debt & Capital Lease Obligation was A$22,876 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*755.25/-242.25
=3.12

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.12 mean?
Amcor (ASX:AMC) has a Interest Coverage of 3.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Amcor and its competitors. This is 33% below median its historical median of 4.64. Over the past decade, Amcor's Interest Coverage has ranged from 2.32 to 9.26. According to the industry distribution chart, Amcor ranks #224 out of 317 companies in the Packaging & Containers industry, placing it in the top 70.7%.
Is Amcor's Interest Coverage too high?
Amcor's current Interest Coverage of 3.12 is 33% below median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 9.26. The Packaging & Containers industry median Interest Coverage is 6.08. Amcor's value of 3.12 is 48.7% below this industry median. Based on the distribution chart, Amcor ranks #224 out of 317 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 Interest Coverage compare to IP and PKG?
According to the Packaging & Containers industry distribution chart, Amcor ranks #224 out of 317 companies for Interest Coverage. This places Amcor in the lower half of its industry. The industry median Interest Coverage is 6.08. Amcor's value of 3.12 is 48.7% below this benchmark. Historically, Amcor's own Interest Coverage has ranged from 2.32 to 9.26 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 6.08, 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 Interest Coverage for a Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.08, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amcor's current Interest Coverage of 3.12 is 48.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Amcor and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amcor's current Interest Coverage is 3.12, which is 33% below median its own 10-year median of 4.64. 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 Interest Coverage is 3.12, which is 33% below median its 10-year median of 4.64 and 48.7% below the Packaging & Containers industry median of 6.08. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Amcor (ASX:AMC), the current Interest Coverage is 3.12 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:

  • Interest Coverage: 3.12 (33% below median its 10-year median of 4.64)
  • GF Value™: A$70.38 vs. price of A$58.58 (16.8% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 48.7% below the Packaging & Containers median (#224 of 317)

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 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.
83GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$58.58
Price
A$70.38
GF Value