Amcor plc

Company facts

Industry

Miscellaneous Manufacturing Industries

Headquarters

Warmley, Bristol

Most recent report

10-Q, filed Nov 5, 2026

Incorporated

N/A

Filings on record

712 filings

On EDGAR

CIK 1748790

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 3 of 13 sections worth reading, with 0 positive, 12 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Financial statements and notes show a cash burn, debt increase, and restructuring costs.
  Notable

  • Supply chain financing payables fell to $0.7B from $0.8B at June 30, 2026, reducing a source of liquidity.
  • Brazil tax disputes have a $14M accrual and $26M reasonably possible loss exposure, with $20M letters of credit and $17M cash deposited.
  • Environmental remediation accruals total $63M ($10M for PRP sites, $53M for owned/operated locations).
  • Dividend declared at $0.66 per share for December 2026, up from $0.65 in Q1 FY2027.

• Management's Discussion (Item 2)

  MD&A with segment results, Berry synergy plan, strategic review, and liquidity details.
  Notable

  • Berry integration plan targets $530M pre-tax synergies by June 30, 2028, with $280M expected net cash cost.
  • Strategic review identified $2.5B in sales for possible sale; four businesses sold for $298M cash in FY2026.
  • Gross margin fell to 18.9% from 19.6% due to passing through higher raw material costs.
  • SG&A rose 8% to $468M, driven by costs to support strategic initiatives.
  • Effective tax rate jumped to 19.4% from 15.9% due to non-deductible expenses.
  • Leverage covenant requires ratio not above 3.9x, stepping to 4.25x after large acquisitions; company was in compliance.
  • No share repurchase program in Q1 FY2027; prior program expired.
  Negative

  • Net income fell 8% to $242M and diluted EPS dropped 9% to $0.52 in Q1 FY2027.
  • Operating cash flow was negative $527M in Q1 FY2027, a $394M worse swing from a year ago.
  • Net debt rose to $14.0B from $12.9B at June 30, 2026, a $1.1B increase in three months.

• Unregistered Sales and Repurchases (Item 2)

  Company had no buyback program; 600 shares bought only for tax withholding on equity awards.
  Notable

  • No active buyback program; prior program expired. Only 600 shares bought for tax withholding on equity awards in August 2026.

What changed: Sep 2026 vs. Mar 2026

About 12% of AMCR's Sep 2026 10-Q is new information. 37 paragraphs were added, 173 changed, and 165 removed. Below are the most important lines SECSift identified.

• Item 1 93
• Item 2 63
• Item 4 3
• Item 6 2
• Item 3 1
• Item 1A 1
• Item 5 1