Ardagh Metal Packaging S.A. (AMBP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AMBP SEC filings page.
Ardagh Metal Packaging S.A. (AMBP) reported $5.5B in revenue for fiscal year 2025, up 12.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth is reaching operations, but debt-heavy financing and non-cash earnings still define how this business functions.
FY2025 net income was only$11M against$449M of operating cash flow, so reported profit is a poor proxy for cash generation. Depreciation and amortization of$463M helps explain the gap, while free cash flow remained$276M after capital spending.
Liabilities reached
From FY2023 to FY2025, gross profit rose
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ardagh Metal Packaging S.A.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ardagh Metal Packaging S.A. has an operating margin of 4.4%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 47/100, indicating healthy but not exceptional operating efficiency. This is up from 4.1% the prior year.
Ardagh Metal Packaging S.A.'s revenue grew 12.0% year-over-year to $5.5B, a solid pace of expansion. This earns a growth score of 56/100.
Ardagh Metal Packaging S.A.'s current ratio of 1.06 is below the typical benchmark, resulting in a score of 22/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Ardagh Metal Packaging S.A. has a free cash flow margin of 5.0%, earning a moderate score of 46/100. The company generates positive cash flow after capital investments, but with room for improvement.
Ardagh Metal Packaging S.A. scores 1.15, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $972.0M against total assets of $5.7B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ardagh Metal Packaging S.A. passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Ardagh Metal Packaging S.A. reported $11.0M of net income while generating $449.0M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
Ardagh Metal Packaging S.A. earns $10.61 in operating income for every $1 of interest expense ($244.0M vs $23.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Ardagh Metal Packaging S.A. generated $5.5B in revenue in fiscal year 2025. This represents an increase of 12.0% from the prior year.
Ardagh Metal Packaging S.A.'s EBITDA was $707.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.6% from the prior year.
Ardagh Metal Packaging S.A. reported $11.0M in net income in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Ardagh Metal Packaging S.A. earned -$0.02 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Ardagh Metal Packaging S.A. generated $276.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.5% from the prior year.
Ardagh Metal Packaging S.A. held $208.0M in cash against $4.3B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Ardagh Metal Packaging S.A.'s gross margin was 12.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the prior year.
Ardagh Metal Packaging S.A.'s operating margin was 4.4% in fiscal year 2025, reflecting core business profitability. This is up 0.3 percentage points from the prior year.
Ardagh Metal Packaging S.A.'s net profit margin was 0.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Ardagh Metal Packaging S.A. invested $173.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 3.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
AMBP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|
| Revenue | $5.5B+12.0% | $4.9B+2.0% | $4.8B+2.6% | $4.7B+15.6% | $4.1B+17.5% | $3.5B+3.2% | $3.3B |
| Cost of Revenue | $4.8B+12.6% | $4.3B-1.4% | $4.3B+4.2% | $4.2B+21.1% | $3.4B+18.5% | $2.9B+2.5% | $2.8B |
| Gross Profit | $681.0M+8.1% | $630.0M+32.9% | $474.0M-9.9% | $526.0M-14.6% | $616.0M+12.4% | $548.0M+7.0% | $512.0M |
| Operating Income | $244.0M+20.8% | $202.0M+165.8% | $76.0M-56.8% | $176.0M+274.5% | $47.0M-77.6% | $210.0M+6.1% | $198.0M |
| EBITDA | $707.0M+8.6% | $651.0M+31.8% | $494.0M-7.7% | $535.0M+37.2% | $390.0M-25.7% | $525.0M+7.6% | $488.0M |
| Interest Expense | $23.0M-8.0% | $25.0M+4.2% | $24.0M+100.0% | $12.0M-72.1% | $43.0M-70.5% | $146.0M-14.1% | $170.0M |
| Income Tax | -$7.0M-153.8% | $13.0Mn/m | -$21.0M-210.5% | $19.0M-13.6% | $22.0M-24.1% | $29.0M+16.0% | $25.0M |
| Net Income | $11.0Mn/m | -$3.0Mn/m | -$50.0M-121.1% | $237.0Mn/m | -$210.0M-289.2% | $111.0Mn/m | -$40.0M |
| EPS (Basic) | -$0.02n/m | -$0.05 | -$0.12-131.6% | $0.38n/m | -$0.39-277.3% | $0.22n/m | -$0.08 |
| EPS (Diluted) | -$0.02n/m | -$0.05 | -$0.12-131.6% | $0.38n/m | -$0.39-277.3% | $0.22n/m | -$0.08 |
| Diluted Shares (Avg) | 598M0.0% | 598M | 598M-0.6% | 601M+11.5% | 539M+9.1% | 494M0.0% | 494M |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
AMBP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|
| Total Assets | $5.7B+4.0% | $5.5B-3.7% | $5.7B-3.3% | $5.9B+10.1% | $5.3B+25.2% | $4.3B | N/A |
| Current Assets | $1.8B+12.9% | $1.6B+8.3% | $1.5B-21.1% | $1.9B+14.9% | $1.7B+60.2% | $1.0B | N/A |
| Cash & Equivalents | $208.0M-2.8% | $214.0M-34.0% | $324.0M-30.9% | $469.0M+1.3% | $463.0M+80.2% | $257.0M-9.5% | $284.0M |
| Inventory | $509.0M+33.2% | $382.0M-18.6% | $469.0M-17.3% | $567.0M+39.3% | $407.0M+62.8% | $250.0M | N/A |
| Accounts Receivable | $467.0M+40.7% | $332.0M+19.4% | $278.0M-45.4% | $509.0M-0.6% | $512.0M+39.1% | $368.0M | N/A |
| Goodwill | $1.0B+7.1% | $966.0M-3.3% | $999.0M+2.4% | $976.0M-3.4% | $1.0B-4.3% | $1.1B | N/A |
| Total Liabilities | $6.4B+13.5% | $5.6B+0.6% | $5.6B+2.8% | $5.4B+7.4% | $5.0B+19.8% | $4.2B | N/A |
| Current Liabilities | $1.7B+19.4% | $1.4B-4.9% | $1.5B+4.0% | $1.5B+4.6% | $1.4B+44.5% | $969.0M | N/A |
| Non-Current Liabilities | $4.6B+11.4% | $4.2B+2.7% | $4.0B+2.4% | $3.9B+8.4% | $3.6B+12.4% | $3.2B | N/A |
| Long-Term Debt | $4.3B+13.3% | $3.8B+4.3% | $3.6B+3.3% | $3.5B+24.5% | $2.8B+1.4% | $2.8B | N/A |
| Total Equity | -$683.0Mn/m | -$142.0M-242.0% | $100.0M-78.0% | $455.0M+59.1% | $286.0M+495.8% | $48.0M+300.0% | $12.0M |
| Retained Earnings | -$972.0Mn/m | -$738.0Mn/m | -$469.0Mn/m | -$144.0Mn/m | -$120.0M | N/A | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
AMBP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $449.0M-0.2% | $450.0M-26.9% | $616.0M+200.5% | $205.0M-55.2% | $458.0M+37.1% | $334.0M-11.4% | $377.0M |
| Depreciation & Amortization | $463.0M+3.1% | $449.0M+7.4% | $418.0M+16.4% | $359.0M+4.7% | $343.0M+8.9% | $315.0M+8.6% | $290.0M |
| Capital Expenditures | $173.0M+3.6% | $167.0M-54.6% | $368.0M-37.1% | $585.0M-13.8% | $679.0M+158.2% | $263.0M+30.8% | $201.0M |
| Free Cash Flow | $276.0M-2.5% | $283.0M+14.1% | $248.0Mn/m | -$380.0Mn/m | -$221.0M-411.3% | $71.0M-59.7% | $176.0M |
| Financing Cash Flow | -$374.0Mn/m | -$81.0Mn/m | -$348.0M-169.7% | $499.0M+9.9% | $454.0Mn/m | -$98.0Mn/m | -$36.0M |
| Dividends Paid | $262.0M-0.8% | $264.0M+0.4% | $263.0M+4.8% | $251.0M | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | $35.0M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Investing Cash Flow.
AMBP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F |
|---|---|---|---|---|---|---|---|
| Gross Margin | 12.4%-0.4pp | 12.8%+3.0pp | 9.8%-1.4pp | 11.2%-4.0pp | 15.2%-0.7pp | 15.9%+0.6pp | 15.3% |
| Operating Margin | 4.4%+0.3pp | 4.1%+2.5pp | 1.6%-2.2pp | 3.8%+2.6pp | 1.2%-4.9pp | 6.1%+0.2pp | 5.9% |
| Net Margin | 0.2%+0.3pp | -0.1%+1.0pp | -1.0%-6.1pp | 5.1%+10.2pp | -5.2%-8.4pp | 3.2%+4.4pp | -1.2% |
| Return on Equity | N/A | N/A | -50.0%-102.1pp | 52.1%+125.5pp | -73.4%-304.7pp | 231.3%+564.6pp | -333.3% |
| Return on Assets | 0.2%+0.2pp | -0.1%+0.8pp | -0.9%-4.9pp | 4.0%+8.0pp | -3.9%-6.6pp | 2.6% | N/A |
| Current Ratio | 1.06-0.1x | 1.13+0.1x | 0.99-0.3x | 1.30+0.1x | 1.19+0.1x | 1.07 | N/A |
| Debt-to-Equity | N/A | N/A | 36.40+28.7x | 7.75-2.2x | 9.90-48.3x | 58.19 | N/A |
| Liabilities-to-Equity | N/A | N/A | 55.63+43.7x | 11.89-5.7x | 17.62-70.0x | 87.63 | N/A |
| Asset Turnover | 0.97+0.1x | 0.900.0x | 0.850.0x | 0.800.0x | 0.760.0x | 0.81 | N/A |
| FCF Margin | 5.0%-0.8pp | 5.8%+0.6pp | 5.1%+13.3pp | -8.1%-2.7pp | -5.5%-7.5pp | 2.1%-3.2pp | 5.3% |
Note: Shareholder equity is negative (-$683.0M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ardagh Metal Packaging S.A. AMBP | FY2025 | $5.5B | $11.0M | 0.2% | $2.7B | 38/100 |
| O-I Glass, Inc. OI | FY2025 | $6.4B | -$129.0M | -2.0% | $994.2M | 28/100 |
| Greif, Inc. GEF | FY2025 | $3.9B | $840.0M | 21.4% | $4.7B | 31/100 |
| Sonoco Products Company SON | FY2025 | $7.5B | $1.0B | 13.3% | $5.0B | 49/100 |
| Silgan Holdings Inc SLGN | FY2025 | $6.5B | $288.4M | 4.5% | $4.2B | 51/100 |
Where Ardagh Metal Packaging S.A. Ranks
Frequently Asked Questions
What is Ardagh Metal Packaging S.A.'s annual revenue?
Ardagh Metal Packaging S.A. (AMBP) reported $5.5B in total revenue for fiscal year 2025. This represents a 12.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ardagh Metal Packaging S.A.'s revenue growing?
Ardagh Metal Packaging S.A. (AMBP) revenue grew by 12.0% year-over-year, from $4.9B to $5.5B in fiscal year 2025.
Is Ardagh Metal Packaging S.A. profitable?
Yes, Ardagh Metal Packaging S.A. (AMBP) reported a net income of $11.0M in fiscal year 2025, with a net profit margin of 0.2%.
What is Ardagh Metal Packaging S.A.'s EBITDA?
Ardagh Metal Packaging S.A. (AMBP) had EBITDA of $707.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ardagh Metal Packaging S.A. have?
As of fiscal year 2025, Ardagh Metal Packaging S.A. (AMBP) had $208.0M in cash and equivalents against $4.3B in long-term debt.
What is Ardagh Metal Packaging S.A.'s gross margin?
Ardagh Metal Packaging S.A. (AMBP) had a gross margin of 12.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ardagh Metal Packaging S.A.'s operating margin?
Ardagh Metal Packaging S.A. (AMBP) had an operating margin of 4.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ardagh Metal Packaging S.A.'s net profit margin?
Ardagh Metal Packaging S.A. (AMBP) had a net profit margin of 0.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ardagh Metal Packaging S.A.'s free cash flow?
Ardagh Metal Packaging S.A. (AMBP) generated $276.0M in free cash flow during fiscal year 2025. This represents a -2.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ardagh Metal Packaging S.A.'s operating cash flow?
Ardagh Metal Packaging S.A. (AMBP) generated $449.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ardagh Metal Packaging S.A.'s total assets?
Ardagh Metal Packaging S.A. (AMBP) had $5.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ardagh Metal Packaging S.A.'s capital expenditures?
Ardagh Metal Packaging S.A. (AMBP) invested $173.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Ardagh Metal Packaging S.A.'s current ratio?
Ardagh Metal Packaging S.A. (AMBP) had a current ratio of 1.06 as of fiscal year 2025, which is considered adequate.
What is Ardagh Metal Packaging S.A.'s return on assets (ROA)?
Ardagh Metal Packaging S.A. (AMBP) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ardagh Metal Packaging S.A.'s P/E ratio?
Ardagh Metal Packaging S.A. (AMBP) trades at 244x earnings, its market capitalization divided by $11.0M net income, FY2025. The market capitalization is $2.7B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ardagh Metal Packaging S.A.'s price-to-sales ratio?
Ardagh Metal Packaging S.A. (AMBP) trades at 0.5x sales, its market capitalization divided by $5.5B revenue, FY2025. The market capitalization is $2.7B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Ardagh Metal Packaging S.A.'s debt-to-equity ratio negative or not reported?
Ardagh Metal Packaging S.A. (AMBP) has negative shareholder equity of -$683.0M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Ardagh Metal Packaging S.A.'s Altman Z-Score?
Ardagh Metal Packaging S.A. (AMBP) has an Altman Z-Score of 1.15, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ardagh Metal Packaging S.A.'s Piotroski F-Score?
Ardagh Metal Packaging S.A. (AMBP) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ardagh Metal Packaging S.A.'s earnings high quality?
Ardagh Metal Packaging S.A. (AMBP) reported $11.0M of net income while generating $449.0M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ardagh Metal Packaging S.A. cover its interest payments?
Ardagh Metal Packaging S.A. (AMBP) has an interest coverage ratio of 10.61x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ardagh Metal Packaging S.A.?
Ardagh Metal Packaging S.A. (AMBP) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.