Amcor vs Packaging Corporation of America
Amcor is the larger business, with $23.51bn of revenue in fiscal 2026 against $8.99bn for Packaging Corporation of America (2.6 times as much). Amcor grew faster (56.6% against 7.2%). Packaging Corporation of America kept more of each dollar of sales as profit: a net margin of 8.6% against 4.7%.
| Latest fiscal year | AmcorAMCR, 2026 | Packaging Corporation of AmericaPKG, 2025 |
|---|---|---|
| Revenue | $23.51bn | $8.99bn |
| Revenue growth | 56.6% | 7.2% |
| Net income | $1.11bn | $774m |
| Operating margin | 8.1% | — |
| Net margin | 4.7% | 8.6% |
| Return on equity | 9.4% | 17.2% |
| Free cash flow | $1.23bn | $729m |
| Cash | $1.11bn | $529m |
| Total debt | $14.01bn | $3.99bn |
| Debt to equity | 118.8% | — |
| Dividend per share | $2.59 | — |
| Dividend yield | 5.3% | 1.9% |
| Share buybacks | $1.0m | $153m |
| Employees | 38,000 | 16,800 |
| Market value | $21.88bn | $22.76bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 52 (Moderate) | 64 (Moderate) |
| Insider trades, 12 months | 6 buys, 3 sales | 0 buys, 6 sales |