• Amcor average gross margin for 2024 was 19.91%, a 6.24% increase from 2023.
• Amcor average gross margin for 2023 was 18.74%, a 3% increase from 2022.
• Amcor average gross margin for 2022 was 19.32%, a 7.47% decline from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.