ARDAGH METAL PKGG SA WTS (AMPWF) Financials

AMPWF

FY2025 annual

Revenue $5.5B +12.0% YoY

Net Income $11.0M +466.7% YoY

Free Cash Flow $276.0M -2.5% YoY

Operating Cash Flow $449.0M -0.2% YoY

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 5, 2026 Currency USD FYE December

Newest figures come from the 10-K 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 AMPWF SEC filings page.

ARDAGH METAL PKGG SA WTS (AMPWF) 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).

Rhea AI AMPWF FY2025 2026-08-30

Positive cash generation coexists with near-zero earnings and a balance sheet where liabilities exceed assets

Despite positive operating cash flow and free cash flow from FY2023 through FY2025, reported equity deteriorated from positive to negative, showing that cash generation alone has not repaired the capital structure. In FY2025, depreciation reached $463M while capital spending was only $173M, so free cash flow benefited from reinvestment running well below the accounting charge for asset consumption.

Revenue reached $5.5B in FY2025, yet the net profit margin was only 0.2%; the business has achieved scale without converting it into meaningful bottom-line earnings. Operating cash flow of $449M therefore represents a much stronger operating result than reported net income of $11M.

The capital structure has weakened materially: equity moved from $106M in FY2023 to -$675M in FY2025, making debt-to-equity ratios less informative because the denominator is negative. A current ratio of 1.1x indicates current assets only modestly exceed current liabilities, while total liabilities of $6.4B exceed total assets.

Financial Health Signals

Financial health score not available

ARDAGH METAL PKGG SA WTS does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

6/8

ARDAGH METAL PKGG SA WTS passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

N/A

ARDAGH METAL PKGG SA WTS 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.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$208.0M

YoY-2.8%

ARDAGH METAL PKGG SA WTS held $208.0M in cash against $4.4B in long-term debt as of Q4 2025.

Shares Outstanding

598M

YoY0.0%

ARDAGH METAL PKGG SA WTS had 598M shares outstanding in Q4 2025. That is unchanged from the same quarter a year earlier.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

AMPWF 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.

AMPWF quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
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
Interest Expense	$23.0M-8.0%	$25.0M+4.2%	$24.0M+100.0%	$12.0M+50.0%	$8.0M+33.3%	$6.0M0.0%	$6.0M
Income Tax	-$7.0M-153.8%	$13.0M+161.9%	-$21.0M-210.5%	$19.0M-13.6%	$22.0M-24.1%	$29.0M+16.0%	$25.0M
Net Income	$11.0M+466.7%	-$3.0M+94.0%	-$50.0M-121.1%	$237.0M+212.9%	-$210.0M-289.2%	$111.0M+377.5%	-$40.0M
Diluted Shares (Avg)	598M0.0%	598M0.0%	598M-0.6%	601M+11.5%	539M+9.1%	494M0.0%	494M

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Revenue	N/A	$1.5B+15.6%	N/A	$1.3B+0.3%	N/A	$1.3B-3.7%	N/A	$1.3B+31.5%
Interest Expense	N/A	$6.0M0.0%	N/A	$6.0M+20.0%	N/A	$5.0M-87.5%	N/A	$40.0M+281.8%
Income Tax	N/A	$10.0M+400.0%	N/A	$2.0M+200.0%	N/A	-$2.0M-116.7%	N/A	$12.0M-55.6%
Net Income	N/A	$5.0M+150.0%	N/A	$2.0M+120.0%	N/A	-$10.0M-110.0%	N/A	$100.0M+284.6%
Diluted Shares (Avg)	N/A	598M0.0%	N/A	598M0.0%	N/A	598M-0.9%	N/A	603M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, EPS (Basic), EPS (Diluted).

AMPWF Balance Sheet

AMPWF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
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	$4.4B+13.2%	$3.9B+4.5%	$3.7B+4.0%	$3.6B+24.4%	$2.9B+1.8%	$2.8B	N/A
Total Equity	-$675.0M-396.3%	-$136.0M-228.3%	$106.0M-76.7%	$455.0M+59.1%	$286.0M+495.8%	$48.0M+300.0%	$12.0M
Retained Earnings	-$972.0M-31.7%	-$738.0M-57.4%	-$469.0M-225.7%	-$144.0M-20.0%	-$120.0M	N/A	N/A

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Total Assets	$5.7B+4.0%	$5.5B+2.2%	$5.5B-3.7%	$5.4B-6.4%	$5.7B-3.3%	$5.7B-0.9%	$5.9B+10.1%	$5.8B
Current Assets	$1.8B+12.9%	$1.6B+14.6%	$1.6B+8.3%	$1.4B-15.6%	$1.5B-21.1%	$1.6B-22.8%	$1.9B+14.9%	$2.1B
Cash & Equivalents	$208.0M-2.8%	N/A	$214.0M-34.0%	N/A	$324.0M-30.9%	N/A	$469.0M+1.3%	$436.0M-25.7%
Inventory	$509.0M+33.2%	$471.0M+12.9%	$382.0M-18.6%	$417.0M-26.8%	$469.0M-17.3%	$570.0M+7.5%	$567.0M+39.3%	$530.0M
Accounts Receivable	$467.0M+40.7%	$532.0M+21.5%	$332.0M+19.4%	$438.0M-25.4%	$278.0M-45.4%	$587.0M-26.6%	$509.0M-0.6%	$800.0M
Goodwill	$1.0B+7.1%	$1.0B+5.2%	$966.0M-3.3%	$982.0M-0.8%	$999.0M+2.4%	$990.0M+2.9%	$976.0M-3.4%	$962.0M
Total Liabilities	$6.4B+13.5%	$5.8B+7.7%	$5.6B+0.6%	$5.4B-1.2%	$5.6B+2.8%	$5.5B+0.1%	$5.4B+7.4%	$5.5B
Current Liabilities	$1.7B+19.4%	$1.5B+2.2%	$1.4B-4.9%	$1.4B-1.2%	$1.5B+4.0%	$1.5B-1.8%	$1.5B+4.6%	$1.5B
Non-Current Liabilities	$4.6B+11.4%	$4.3B+9.7%	$4.2B+2.7%	$3.9B-1.3%	$4.0B+2.4%	$4.0B+0.8%	$3.9B+8.4%	$4.0B
Long-Term Debt	$4.4B+13.2%	$4.1B+4.8%	$3.9B+4.5%	$3.9B+3.3%	$3.7B+4.0%	$3.8B+8.9%	$3.6B+24.4%	$3.4B
Total Equity	-$675.0M-396.3%	-$318.0M-1345.5%	-$136.0M-228.3%	-$22.0M-107.9%	$106.0M-76.7%	$277.0M-16.8%	$455.0M+59.1%	$333.0M+145.0%
Retained Earnings	-$972.0M-31.7%	-$864.0M-42.8%	-$738.0M-57.4%	-$605.0M-107.2%	-$469.0M-225.7%	-$292.0M-521.3%	-$144.0M-20.0%	-$47.0M

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.

AMPWF Cash Flow Statement

AMPWF quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
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%	$248.0M+165.3%	-$380.0M-71.9%	-$221.0M-411.3%	$71.0M-59.7%	$176.0M
Financing Cash Flow	-$374.0M-361.7%	-$81.0M+76.7%	-$348.0M-169.7%	$499.0M+9.9%	$454.0M+563.3%	-$98.0M-172.2%	-$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

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Operating Cash Flow	N/A	$210.0M-10.3%	N/A	$234.0M+4.9%	N/A	$223.0M+305.5%	N/A	$55.0M-64.1%
Depreciation & Amortization	N/A	$114.0M+0.9%	N/A	$113.0M+13.0%	N/A	$100.0M+12.4%	N/A	$89.0M+3.5%
Capital Expenditures	N/A	$42.0M+16.7%	N/A	$36.0M-62.5%	N/A	$96.0M-43.2%	N/A	$169.0M+39.7%
Free Cash Flow	N/A	$168.0M-15.2%	N/A	$198.0M+55.9%	N/A	$127.0M+211.4%	N/A	-$114.0M-456.3%
Financing Cash Flow	N/A	-$98.0M+12.5%	N/A	-$112.0M-75.0%	N/A	-$64.0M-118.1%	N/A	$353.0M-17.3%
Dividends Paid	N/A	$66.0M0.0%	N/A	$66.0M+1.5%	N/A	$65.0M-46.3%	N/A	$121.0M

Not reported in any period shown, so not listed: Stock-Based Compensation, Investing Cash Flow, Share Buybacks.

AMPWF 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.

AMPWF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K
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	-47.2%-99.3pp	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	35.23+27.3x	7.89-2.2x	10.09-49.0x	59.06	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%

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Net Margin	N/A	0.3%+0.2pp	N/A	0.2%+1.0pp	N/A	-0.8%-8.5pp	N/A	7.7%+5.1pp
Return on Equity	N/A	N/A	N/A	N/A	N/A	-3.6%-33.6pp	N/A	30.0%
Return on Assets	N/A	0.1%+0.1pp	N/A	0.0%+0.2pp	N/A	-0.2%-1.9pp	N/A	1.7%
Current Ratio	1.06-0.1x	1.07+0.1x	1.13+0.1x	0.95-0.2x	0.99-0.3x	1.11-0.3x	1.30+0.1x	1.42
Debt-to-Equity	N/A	N/A	N/A	N/A	35.23+27.3x	13.54+3.2x	7.89-2.2x	10.34
Asset Turnover	N/A	0.270.0x	N/A	0.230.0x	N/A	0.220.0x	N/A	0.23
FCF Margin	N/A	11.6%-4.2pp	N/A	15.7%+5.6pp	N/A	10.1%+18.9pp	N/A	-8.8%-12.0pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin.

Note: Shareholder equity is negative (-$675.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Where ARDAGH METAL PKGG SA WTS Ranks

Frequently Asked Questions

What is ARDAGH METAL PKGG SA WTS's annual revenue?

ARDAGH METAL PKGG SA WTS (AMPWF) 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 PKGG SA WTS's revenue growing?

ARDAGH METAL PKGG SA WTS (AMPWF) revenue grew by 12.0% year-over-year, from $4.9B to $5.5B in fiscal year 2025.

Is ARDAGH METAL PKGG SA WTS profitable?

Yes, ARDAGH METAL PKGG SA WTS (AMPWF) reported a net income of $11.0M in fiscal year 2025, with a net profit margin of 0.2%.

How much debt does ARDAGH METAL PKGG SA WTS have?

As of fiscal year 2025, ARDAGH METAL PKGG SA WTS (AMPWF) had $208.0M in cash and equivalents against $4.4B in long-term debt.

What is ARDAGH METAL PKGG SA WTS's net profit margin?

ARDAGH METAL PKGG SA WTS (AMPWF) 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 PKGG SA WTS's free cash flow?

ARDAGH METAL PKGG SA WTS (AMPWF) 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 PKGG SA WTS's operating cash flow?

ARDAGH METAL PKGG SA WTS (AMPWF) generated $449.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are ARDAGH METAL PKGG SA WTS's total assets?

ARDAGH METAL PKGG SA WTS (AMPWF) had $5.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are ARDAGH METAL PKGG SA WTS's capital expenditures?

ARDAGH METAL PKGG SA WTS (AMPWF) invested $173.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does ARDAGH METAL PKGG SA WTS have outstanding?

ARDAGH METAL PKGG SA WTS (AMPWF) had 598M shares outstanding as of fiscal year 2025.

What is ARDAGH METAL PKGG SA WTS's current ratio?

ARDAGH METAL PKGG SA WTS (AMPWF) had a current ratio of 1.06 as of fiscal year 2025, which is considered adequate.

What is ARDAGH METAL PKGG SA WTS's return on assets (ROA)?

ARDAGH METAL PKGG SA WTS (AMPWF) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Why is ARDAGH METAL PKGG SA WTS's debt-to-equity ratio negative or not reported?

ARDAGH METAL PKGG SA WTS (AMPWF) has negative shareholder equity of -$675.0M as of fiscal year 2025, so no debt-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 PKGG SA WTS's Piotroski F-Score?

ARDAGH METAL PKGG SA WTS (AMPWF) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 PKGG SA WTS's earnings high quality?

ARDAGH METAL PKGG SA WTS (AMPWF) 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.