Amcor plc (AMCR)
Amcor makes flexible and rigid packaging for food, beverage, and healthcare products worldwide.
Materials stock comparison
AMCR vs APD: which business are you actually underwriting?
Compare Amcor plc with Air Products and Chemicals, Inc. using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Materials
- Industry
- Different SIC
- Shared themes
- 1
- Updated
- 2026-08-14
AMCR vs APD: quick comparison
| Company fact | AMCR | APD |
|---|---|---|
| Company | Amcor plc | Air Products and Chemicals, Inc. |
| Exchange | NYSE | NYSE |
| Headquarters | — | Allentown, Pennsylvania |
| Founded | — | 1940 |
| SEC industry | Miscellaneous Manufacturing Industries | Industrial Inorganic Chemicals |
| Fiscal year-end | June 30 | September 30 |
| Latest annual filing | 10-K · 2026-08-14 | 10-K · 2025-11-20 |
AMCR vs APD: audited financials
AMCR reported about 1.2× the revenue of APD in the latest audited fiscal year. On profitability, AMCR converted a larger share of revenue into net income (3.4% versus -3.3%). Scale and margin are starting facts for the thesis, not the verdict.
| Metric | AMCR | APD |
|---|---|---|
| Revenue | $15.0B | $12.0B |
| Net income | $511M | −$395M |
| Operating cash flow | $1.4B | — |
| Diluted EPS | $1.60 | −$1.77 |
| Net margin | 3.4% | -3.3% |
AMCR: FY ending 2025-06-30 · APD: FY ending 2025-09-30. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
AMCR and APD have different SEC industry classifications, but both map to the maintained International markets research theme inside the Materials sector. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
Air Products and Chemicals, Inc. (APD)
Air Products supplies industrial gases and is developing large-scale clean-hydrogen projects for energy and industrial customers. Long-term supply agreements provide a stable base of recurring revenue.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. AMCR is classified by the SEC as Miscellaneous Manufacturing Industries, while APD is classified as Industrial Inorganic Chemicals. The different industry codes are a warning against treating sector membership as proof of identical economics.
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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study AMCR when…
- Chinese industrial and construction demand
- The US dollar and commodity prices
- Energy-transition metals like copper and lithium
- Tariffs and global trade flows
Study APD when…
- Chinese industrial and construction demand
- The US dollar and commodity prices
- Energy-transition metals like copper and lithium
- Tariffs and global trade flows
Shared research themes
International markets
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.AMCR's fiscal year ends June 30, while APD's ends September 30. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 10matched transaction rows for AMCRand 18 for APD. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
AMCR primary filings
APD primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving AMCR or APD
AMCR vs APD FAQs
Are AMCR and APD direct competitors?
Amcor plc and Air Products and Chemicals, Inc. sit in the same Materials sector but have different SEC industry classifications. The comparison is most useful for portfolio role and sector exposure, not as a claim that every product competes directly.
Which is better, AMCR or APD?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this AMCR vs APD comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Amcor plc and Air Products and Chemicals, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
AMCR vs APD shows how the businesses differ. Membership is the monthly sourced view of who could benefit, what could break, and what evidence matters next. $15/month or $150/year.
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