Amcor plc

Halal Rating :
Comfortable
Last Price $9.2
Market Cap $13.18b
1D Change

-0.33 %

1 Year Change

-8.59 %

Next Earnings Date

Yet to be announced

Company Overview

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products for food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.

Revenue Sources

Pass

Based on review of Amcor's financial statements and business activities, their revenue comes primarily from packaging solutions for consumer products, healthcare, and industrial applications. None of their revenue streams appear to derive from haram sources like alcohol, tobacco, gambling, pork products, or interest-based financial services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $3.33b $3.1b - $85.0m 0.00% 2.74%
Dec. 31, 2024 $3.24b $3.02b - $81.0m 0.00% 2.68%
Sept. 30, 2024 $3.35b $3.13b - $86.0m 0.00% 2.75%
June 30, 2024 $3.54b $3.23b - $85.0m 0.00% 2.64%

Analysis of the last four quarters shows that interest expenses relative to total expenses have consistently remained between 2.7-2.8% of total expenses. While this is slightly above our preferred threshold, it falls within an acceptable range given the company's core business model is not interest-based.

Operational Ethics

Pass

While Amcor operates globally, including having manufacturing facilities in China, there is no clear evidence of direct material collaboration with the Chinese Communist Party or the state of Israel. The company maintains standard business operations in various countries but no concerning partnerships or associations have been identified.

Rating Justification

Member Vote

Agree: 0 Disagree: 0

Login to vote on this

Comments

Recent News & Updates