Amcor AMCR
Amcor scores average on business quality (5.4 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Amcor does
Amcor designs and makes flexible and rigid packaging for food, beverage, and medical products. Consumer brands pay them to protect products on shelves and meet sustainability goals. The business is pushing new sustainable pet food packaging formats to capture demand in growing pet care categories.
- What it does best
Amcor turns out massive volumes of packaging with a global footprint that smaller rivals cannot match. Scale keeps unit costs low, protecting margins in a low-margin sector.
- The main risk
Net debt sits at $12.9 billion against total debt of $14.0 billion, leaving heavy debt obligations. If cash generation slows down, servicing these obligations leaves little room for error.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin sits at 9.1% and net margin is 4.7%. Low margins across large revenue volumes show scale does not translate into high per-unit profits.
Scale and deep customer relationships lock in global consumer brands. With gross margins sitting in the bottom quartile at the 29th percentile, pricing power remains limited.
Revenue jumped to $23.5 billion from $15.0 billion previously, landing in the top decile of its sector for revenue growth at the 97th percentile.
Total debt of $14.0 billion outweighs cash of $1.1 billion, and interest coverage is 3.2x. Free cash flow reached $1.2B, but the heavy debt load keeps the balance sheet soft.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on AMCR
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Amcor scores average on the Cluenex quality check (5.4 of 10), measured against its own industry. Profitability is weak, moat fair, growth fast and financial health weak.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Nov 3, 2026.
See AMCR today
- Today's verdict on AMCR, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Amcor (AMCR)”, https://cluenex.com/stocks/amcr/, data as of Oct 10, 2026.