Earnings Per Share Computations

3 Months Ended

Sep. 30, 2025

Earnings Per Share Computations

The Company applies the two-class method when computing its earnings per share ("EPS"), which requires that net income per share for each class of share be calculated assuming all of the Company's net income is distributed as dividends to each class of share based on their contractual rights.

Basic EPS is computed by dividing net income available to ordinary shareholders by the weighted-average number of ordinary shares outstanding after excluding the ordinary shares to be repurchased using forward contracts and vested but unpaid ordinary shares. Diluted EPS includes the effects of share options, restricted share units, performance rights, performance shares, and share rights, if dilutive.


	Three Months Ended September 30,
(in millions, except per share amounts)	2025		2024
Numerator
Net income attributable to Amcor plc	$	262	$	191
Distributed and undistributed earnings attributable to shares to be repurchased	—		(1)
Net income available to ordinary shareholders of Amcor plc—basic and diluted	$	262	$	190



Denominator
Weighted-average ordinary shares outstanding (1)	2,315		1,444
Weighted-average ordinary shares to be repurchased by Amcor plc	(1)		(4)
Weighted-average ordinary shares outstanding for EPS—basic	2,314		1,440
Effect of dilutive shares	1		4
Weighted-average ordinary shares outstanding for EPS—diluted	2,315		1,444

Per ordinary share income


Basic earnings per ordinary share	$	0.113	$	0.132



Diluted earnings per ordinary share	$	0.113	$	0.132

(1)For the three months ended September 30, 2025, the calculation of weighted-average ordinary shares outstanding includes approximately 10 million shares that had not been issued as of September 30, 2025, but whose issuance is not contingent on factors other than the passage of time.

Certain stock awards outstanding were not included in the computation of diluted earnings per share above because they would not have had a dilutive effect. The excluded stock awards represented an aggregate of 25 million and 19 million shares, for the three months ended September 30, 2025, and 2024 respectively.