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Ardagh Metal Packaging S.A., together with its subsidiaries, operates as a metal beverage can company in Europe, North America, and Brazil. It offers a range of beverage cans for use in sparkling water, soft drinks, beer, wine, flavored malt beverages, energy drinks, and teas, as well as flavored alcoholic beverages to beverage producers. The company was founded in 1932 and is based in Luxembourg, Luxembourg. Ardagh Metal Packaging S.A. operates as a subsidiary of Ardagh Group S.A.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.5B | $653M | $11M | $265M | -1.6% | 12.0% | -466.7% |
| 2024 | $4.9B | $629M | $-3M | $263M | 2.1% | 2.0% | -94.0% |
| 2023 | $4.8B | $494M | $-50M | $237M | -50.0% | 2.6% | -121.1% |
| 2022 | $4.7B | $743M | $237M | $-391M | 52.1% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,689 | 4,812 | 4,908 | 5,497 |
| Operating Revenue | - | 4,689 | 4,812 | 4,908 | 5,497 |
| Cost Of Revenue | - | 4,163 | 4,338 | 4,278 | 4,816 |
| Gross Profit | - | 526 | 474 | 630 | 681 |
| Operating Expense | - | 350 | 398 | 428 | 437 |
| Selling General And Administration | - | 212 | 255 | 288 | 299 |
| Total Expenses | - | 4,513 | 4,736 | 4,706 | 5,253 |
| Operating Income | - | 176 | 76 | 202 | 244 |
| Total Operating Income As Reported | - | 176 | 76 | 202 | 244 |
| EBITDA | - | 743 | 494 | 629 | 653 |
| Normalized EBITDA | - | 528 | 494 | 611 | 679 |
| EBIT | - | 384 | 76 | 180 | 190 |
| Interest Expense | - | 128 | 161 | 170 | 186 |
| Net Interest Income | - | -135 | -147 | -210 | -214 |
| Other Income Expense | - | 215 | 50 | 18 | -26 |
| Interest Expense Non Operating | - | 128 | 161 | 170 | 186 |
| Net Non Operating Interest Income Expense | - | -135 | -147 | -210 | -214 |
| Pretax Income | - | 256 | -71 | 10 | 4 |
| Tax Provision | - | 19 | -21 | 13 | -7 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 15.96 | 0 | 3.78 | -5.46 |
| Net Income Continuous Operations | - | 237 | -50 | -3 | 11 |
| Net Income From Continuing And Discontinued Operation | - | 237 | -50 | -3 | 11 |
| Net Income From Continuing Operation Net Minority Interest | - | 237 | -50 | -3 | 11 |
| Net Income | - | 237 | -50 | -3 | 11 |
| Net Income Common Stockholders | - | 226 | -74 | -27 | -11 |
| Net Income Including Noncontrolling Interests | - | 237 | -50 | -3 | 11 |
| Normalized Income | - | 37.96 | -50 | -17.22 | 31.54 |
| Diluted NI Availto Com Stockholders | - | 226 | -74 | -27 | -11 |
| Basic Average Shares | - | 601 | 597.60 | 597.70 | 597.70 |
| Diluted Average Shares | - | 601 | 597.60 | 597.70 | 597.70 |
| Reconciled Depreciation | - | 359 | 418 | 449 | 463 |
| Reconciled Cost Of Revenue | - | 3,942 | 4,063 | 3,969 | 4,491 |
| Total Unusual Items | - | 215 | 50 | 18 | -26 |
| Total Unusual Items Excluding Goodwill | - | 215 | 50 | 18 | -26 |
| Preferred Stock Dividends | - | 11 | 24 | 24 | 22 |
| Minority Interests | - | 0 | 0 | 0 | 0 |
| Special Income Charges | - | 218 | 58 | 13 | -14 |
| Other Special Charges | - | -218 | -58 | -13 | 14 |
| Gain On Sale Of Security | - | -3 | -8 | 5 | -12 |
| Depreciation Amortization Depletion Income Statement | - | 138 | 143 | 140 | 138 |
| Depreciation And Amortization In Income Statement | - | 138 | 143 | 140 | 138 |
| Total Other Finance Cost | - | 7 | 147 | 40 | 28 |
| Amortization | - | 138 | 143 | 140 | 138 |
| Amortization Of Intangibles Income Statement | - | 138 | 143 | 140 | 138 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ardagh Metal Packaging S.A.this co. | AMBP | $2.4B | - | - | 1.6% | 9.62 |
| Peloton Interactive, Inc. | PTON | $2.7B | -22.47 | -6.46 | 28.7% | 33.23 |
| Capri Holdings Limited | CPRI | $2.2B | 15.83 | 27.11 | 171.3% | 17.36 |
| Six Flags Entertainment Corporation | FUN | $2.2B | -1.40 | 3.94 | -281.8% | -8.62 |
| Brightstar Lottery PLC | BRSL |
| - |
| - |
| - |
| - |
| - |
| - |
| $2.1B |
| 14.48 |
| 2.43 |
| 16.8% |
| 5.24 |
| Driven Brands Holdings Inc. | DRVN | $2.1B | 15.17 | 2.77 | 18.3% | 11.93 |
| FIGS, Inc. | FIGS | $2.0B | 57.06 | 4.47 | 7.8% | 40.96 |
| Albany International Corp. | AIN | $1.9B | -33.97 | 2.68 | -7.9% | 44.38 |
| United Parks & Resorts Inc. | PRKS | $1.9B | 11.42 | -4.41 | -38.6% | 7.79 |
| Peer Median | - | 12.95 | 2.73 | 12.3% | 14.64 | |