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Side-by-side financial comparison of Amcor (AMCR) and Southern Company (SO). Click either name above to swap in a different company.

Southern Company is the larger business by last-quarter revenue ($8.4B vs $5.4B, roughly 1.5× Amcor). Southern Company runs the higher net margin — 15.9% vs 3.2%, a 12.7% gap on every dollar of revenue. On growth, Amcor posted the faster year-over-year revenue change (68.1% vs 8.0%). Over the past eight quarters, Amcor's revenue compounded faster (26.4% CAGR vs 14.0%).

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for a range of beverage and food products, incl...

Southern Company is an American gas and electric utility holding company based in the Southern United States. It is headquartered in Atlanta, Georgia, with executive offices located in Birmingham, Alabama. As of 2021 it is the second largest utility company in the U.S. in terms of customer base. Through its subsidiaries it serves 9 million gas and electric utility customers in 6 states. Southern Company's regulated regional electric utilities serve a 120,000-square-mile (310,000 km2) territor...

AMCR vs SO — Head-to-Head

Bigger by revenue
SO
SO
1.5× larger
SO
$8.4B
$5.4B
AMCR
Growing faster (revenue YoY)
AMCR
AMCR
+60.1% gap
AMCR
68.1%
8.0%
SO
Higher net margin
SO
SO
12.7% more per $
SO
15.9%
3.2%
AMCR
Faster 2-yr revenue CAGR
AMCR
AMCR
Annualised
AMCR
26.4%
14.0%
SO

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AMCR
AMCR
SO
SO
Revenue
$5.4B
$8.4B
Net Profit
$177.0M
$1.3B
Gross Margin
19.1%
Operating Margin
6.1%
24.0%
Net Margin
3.2%
15.9%
Revenue YoY
68.1%
8.0%
Net Profit YoY
8.6%
5.4%
EPS (diluted)
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMCR
AMCR
SO
SO
Q1 26
$8.4B
Q4 25
$5.4B
$7.0B
Q3 25
$5.7B
$7.8B
Q2 25
$5.1B
$7.0B
Q1 25
$3.3B
$7.8B
Q4 24
$3.2B
$6.3B
Q3 24
$3.4B
$7.3B
Q2 24
$3.5B
$6.5B
Net Profit
AMCR
AMCR
SO
SO
Q1 26
$1.3B
Q4 25
$177.0M
$341.0M
Q3 25
$262.0M
$1.7B
Q2 25
$-39.0M
$880.0M
Q1 25
$196.0M
$1.3B
Q4 24
$163.0M
$466.0M
Q3 24
$191.0M
$1.5B
Q2 24
$257.0M
$1.2B
Gross Margin
AMCR
AMCR
SO
SO
Q1 26
Q4 25
19.1%
Q3 25
19.6%
Q2 25
17.6%
Q1 25
19.6%
Q4 24
19.3%
Q3 24
19.7%
Q2 24
21.3%
Operating Margin
AMCR
AMCR
SO
SO
Q1 26
24.0%
Q4 25
6.1%
13.1%
Q3 25
8.0%
33.2%
Q2 25
1.7%
25.3%
Q1 25
9.4%
25.9%
Q4 24
9.2%
16.7%
Q3 24
9.3%
32.6%
Q2 24
11.2%
30.0%
Net Margin
AMCR
AMCR
SO
SO
Q1 26
15.9%
Q4 25
3.2%
4.9%
Q3 25
4.6%
21.9%
Q2 25
-0.8%
12.6%
Q1 25
5.9%
16.3%
Q4 24
5.0%
7.3%
Q3 24
5.7%
21.1%
Q2 24
7.3%
18.6%
EPS (diluted)
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$0.38
$0.38
Q3 25
$0.11
$1.54
Q2 25
$-0.06
$0.79
Q1 25
$0.14
$1.21
Q4 24
$0.11
$0.48
Q3 24
$0.13
$1.39
Q2 24
$0.18
$1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMCR
AMCR
SO
SO
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$14.6B
Stockholders' EquityBook value
$11.6B
Total Assets
$37.0B
Debt / EquityLower = less leverage
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$1.1B
$1.6B
Q3 25
$825.0M
$3.3B
Q2 25
$827.0M
$1.3B
Q1 25
$2.0B
$2.3B
Q4 24
$445.0M
$1.1B
Q3 24
$432.0M
$1.0B
Q2 24
$588.0M
$1.2B
Total Debt
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$14.6B
$65.6B
Q3 25
$12.8B
$64.6B
Q2 25
$13.8B
$63.0B
Q1 25
$8.6B
$62.9B
Q4 24
$6.8B
$58.8B
Q3 24
$7.2B
$61.3B
Q2 24
$6.6B
$59.9B
Stockholders' Equity
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$11.6B
$36.0B
Q3 25
$11.7B
$38.3B
Q2 25
$11.7B
$37.3B
Q1 25
$3.9B
$37.2B
Q4 24
$3.8B
$33.2B
Q3 24
$3.9B
$36.9B
Q2 24
$3.9B
$36.1B
Total Assets
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$37.0B
$155.7B
Q3 25
$37.1B
$153.2B
Q2 25
$37.1B
$148.9B
Q1 25
$18.0B
$148.1B
Q4 24
$16.2B
$145.2B
Q3 24
$16.9B
$144.0B
Q2 24
$16.5B
$141.9B
Debt / Equity
AMCR
AMCR
SO
SO
Q1 26
Q4 25
1.26×
1.82×
Q3 25
1.09×
1.69×
Q2 25
1.18×
1.69×
Q1 25
2.24×
1.69×
Q4 24
1.81×
1.77×
Q3 24
1.83×
1.66×
Q2 24
1.70×
1.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMCR
AMCR
SO
SO
Operating Cash FlowLast quarter
$503.0M
Free Cash FlowOCF − Capex
$282.0M
FCF MarginFCF / Revenue
5.2%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
2.84×
TTM Free Cash FlowTrailing 4 quarters
$805.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$503.0M
$2.6B
Q3 25
$-133.0M
$3.8B
Q2 25
$1.1B
$2.2B
Q1 25
$117.0M
$1.3B
Q4 24
$428.0M
$2.2B
Q3 24
$-269.0M
$3.6B
Q2 24
$943.0M
$2.7B
Free Cash Flow
AMCR
AMCR
SO
SO
Q1 26
Q4 25
$282.0M
$-1.7B
Q3 25
$-371.0M
$559.0M
Q2 25
$894.0M
$-619.0M
Q1 25
$0
$-1.2B
Q4 24
$330.0M
$-576.0M
Q3 24
$-414.0M
$1.3B
Q2 24
$809.0M
$563.0M
FCF Margin
AMCR
AMCR
SO
SO
Q1 26
Q4 25
5.2%
-24.2%
Q3 25
-6.5%
7.1%
Q2 25
17.6%
-8.9%
Q1 25
0.0%
-15.3%
Q4 24
10.2%
-9.1%
Q3 24
-12.3%
17.9%
Q2 24
22.9%
8.7%
Capex Intensity
AMCR
AMCR
SO
SO
Q1 26
Q4 25
4.1%
61.4%
Q3 25
4.1%
41.1%
Q2 25
4.3%
40.2%
Q1 25
3.5%
31.3%
Q4 24
3.0%
43.4%
Q3 24
4.3%
31.8%
Q2 24
3.8%
32.9%
Cash Conversion
AMCR
AMCR
SO
SO
Q1 26
Q4 25
2.84×
7.62×
Q3 25
-0.51×
2.21×
Q2 25
2.48×
Q1 25
0.60×
0.98×
Q4 24
2.63×
4.66×
Q3 24
-1.41×
2.36×
Q2 24
3.67×
2.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMCR
AMCR

Flexibles Segment$3.2B59%
Rigid Packaging Segment$2.3B42%

SO
SO

Segment breakdown not available.

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