Cover and table of contents
19K characters. Original on sec.gov · Markdown
Cover and table of contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended June 30, 2026
or
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________
Commission File Number 001-38932

AMCOR PLC
(Exact name of registrant as specified in its charter)
| Jersey | 98-1455367 | |||||||
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |||||||
| 83 Tower Road North | ||||||||
| Warmley, Bristol | ||||||||
| United Kingdom | BS30 8XP | |||||||
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: +44 117 9753200
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||
| Ordinary Shares, Par Value $0.05 Per Share | AMCR | New York Stock Exchange | ||||||
| 1.125% Guaranteed Senior Notes Due 2027 | AUKF/27 | New York Stock Exchange | ||||||
| 5.450% Guaranteed Senior Notes Due 2029 | AMCR/29 | New York Stock Exchange | ||||||
| 3.200% Guaranteed Senior Notes Due 2029 | AUKF/29 | New York Stock Exchange | ||||||
| 3.950% Guaranteed Senior Notes Due 2032 | AMCR/32 | New York Stock Exchange | ||||||
| 3.750% Guaranteed Senior Notes Due 2033 | AUKF/33 | New York Stock Exchange |
Securities registered pursuant to section 12(g) of the Act: None
Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐
Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one):
| Large Accelerated Filer | ☒ | Smaller Reporting Company | ☐ | |||||||||||
| Accelerated Filer | ☐ | Emerging Growth Company | ☐ | |||||||||||
| Non-Accelerated Filer | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒
If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐
Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
The aggregate market value of the ordinary shares held by non-affiliates of the registrant, computed by reference to the closing price of such shares as of the last business day of the registrant’s most recently completed second quarter, was $19.3 billion.
As of August 12, 2026, the Registrant had 462,345,690 shares issued and outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
Certain information required for Part III of this Annual Report on Form 10-K is incorporated by reference to the Amcor plc definitive Proxy Statement for its 2026 Annual Shareholder Meeting, which will be filed with the Securities and Exchange Commission pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended, within 120 days of Amcor plc’s fiscal year end.
Amcor plc
Annual Report on Form 10-K
Table of Contents
Forward-Looking Statements
Unless otherwise indicated, references to "Amcor," the "Company," "we," "our," and "us" in this Annual Report on Form 10-K refer to Amcor plc and its consolidated subsidiaries.
This Annual Report on Form 10-K contains certain statements that are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified with words like "believe," "expect," "target," "project," "may," "could," "would," "approximately," "possible," "will," "should," "intend," "plan," "anticipate," "commit," "estimate," "potential," "ambitions," "outlook," or "continue," the negative of these words, other terms of similar meaning, or the use of future dates. Such statements are based on the current expectations of the management of Amcor and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. Neither Amcor nor any of its respective directors, executive officers, or advisors, provide any representation, assurance, or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur or if any of them do occur, what impact they will have on the business, results of operations or financial condition of Amcor. Should any risks and uncertainties develop into actual events, these developments could have a material adverse effect on Amcor's business. Risks and uncertainties that could cause actual results to differ from expectations include, but are not limited to:
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changes in consumer demand patterns and customer requirements in numerous industries;
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risk of loss of key customers, a reduction in their production requirements, or consolidation among key customers;
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significant competition in the industries and regions in which we operate;
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risk of integrating acquisitions and achieving the financial and other results and benefits anticipated at the time of acquisition;
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risk that the strategic review of our portfolio may cause disruptions to our business or may not result in completion of a transaction to restructure or divest non-core businesses or may not create additional value for our shareholders;
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an inability to expand our current business effectively through either organic growth, including product innovation, investments, or acquisitions;
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challenging global economic conditions, including impacts from the Middle East conflict;
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impacts of operating internationally;
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price fluctuations or shortages in the availability of raw materials, energy and other inputs, which could adversely affect our business;
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production, supply, and other commercial risks, including those resulting from geopolitical conflicts and counterparty credit risks, which may be exacerbated in times of economic volatility;
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pandemics, epidemics, or other disease outbreaks;
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an inability to attract, develop, and retain our skilled workforce and manage key transitions;
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labor disputes and an inability to renew collective bargaining agreements at acceptable terms;
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physical impacts of climate change;
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significant disruption at a key manufacturing facility;
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cybersecurity risks, which could disrupt our operations or risk of loss of our sensitive business information;
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failures or disruptions in our information technology systems which could disrupt our operations, compromise customer, employee, supplier, and other data;
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risk that the use of artificial intelligence could adversely affect our business and financial results;
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risk that the Company's significant indebtedness may limit its flexibility and increase its borrowing costs;
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rising interest rates that increase our borrowing costs on our variable rate indebtedness and could have other negative impacts;
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foreign exchange rate risk;
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a significant write-down of goodwill and/or other intangible assets;
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a failure to maintain an effective system of internal control over financial reporting;
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an inability of our insurance policies, including our use of a captive insurance company, to provide adequate protection against all of the key operational risks we face;
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an inability to defend our intellectual property rights or intellectual property infringement claims against us;
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litigation, including product liability claims or litigation related to Environmental, Social, and Governance ("ESG") matters, or regulatory developments;
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increasing scrutiny and changing expectations from investors, customers, suppliers, and governments with respect to our ESG practices and commitments resulting in additional costs or exposure to additional risks;
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changing ESG government regulations including climate-related rules;
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changing environmental, health, and safety laws;
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changes in tax laws or changes in our geographic mix of earnings; and
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changes in trade policy, including tariff and custom regulations or failure to comply with such regulations.
Additional factors that could cause actual results to differ from those expected are discussed in this Annual Report on Form 10-K, including in the sections entitled "Item 1A. - Risk Factors" and "Item 7. - Management’s Discussion and Analysis of Financial Condition and Results of Operations," and in Amcor’s subsequent filings with the Securities and Exchange Commission.
Forward-looking statements included herein are made only as of the date hereof and Amcor does not undertake any obligation to update any forward-looking statements, or any other information in this communication, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent, except as expressly required by law. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.
PART I