AMBP · NYSE · Packaging & Containers

Ardagh Metal Packaging (AMBP)

Manufactures aluminum beverage cans, ends, and related printing and technical services.

$4.53
After hours+0.02 (+0.33%)
At close$4.52(−0.33%)
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Ardagh Metal Packaging S.A.AMBP
Materials

Manufactures and sells aluminum beverage cans and ends, plus digital printing and technical services, across the Americas and Europe. Revenue is tied to beverage volumes and largely multi-year customer contracts, while the controlling shareholder supplies shared services and is preparing for a potential sale.

Manufactures aluminum beverage cans and can ends, with digital printing, graphics, engineering, and customer support around those products. The Americas segment covers North America and Brazil; Europe is the other reporting segment. Plants are positioned near customers' filling operations and serve beer, soft drinks, energy drinks, sparkling water, and other packaged beverages.

Production combines high-volume manufacturing with specialty formats, decorative finishes, and technical know-how. Most sales come through multi-year contracts, while many contracts pass metal and other input-cost movements through to customers. Results still depend on beverage demand, plant utilization, and aluminum availability; a large customer accounts for a significant share of revenue. Its controlling shareholder is preparing for a potential sale and supplies shared corporate services under an agreement that could end if a transaction closes.

Company facts

CEOOliver Graham
ListedAug 5, 2021
ExchangeNYSE
HeadquartersLuxembourg, Luxembourg
CountryLuxembourg
Employees6,500
CIK0001845097
ISINLU2369833749

Market cap$2.71B
EPS (ttm)$0.0518
P/E (ttm)87.45
ROE
P/B
P/S0.4519
Dividend yieldDiv yield8.83%
Beta0.72vs XLB 0.99

Price target$5.10+12.6%Average of 6 analysts
ConsensusHold4 of 6 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 20, 2026Deutsche BankInitiate
Rating: Target:
Rating: HoldTarget: $5.20
Jul 24, 2026UBSReiterate
Rating: Target: $4.25
Rating: NeutralTarget: $5
Jan 12, 2026UBSReiterate
Rating: Target: $3.60
Rating: NeutralTarget: $4.25
Jan 8, 2026Morgan StanleyTarget
Target: $3.20
Target: $4.30
Jan 6, 2026Truist FinancialTarget
Target: $4
Target: $5

Next report
Oct 22, 26
in 30 days
EPS estimate
$0.08
Revenue estimate
$1.53B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.03$0.02$0.08$0.08$0.03$0.05$0.11Pending
Estimate$0.02$0.01$0.07$0.07$0.02$0.04$0.09$0.08
Surprise+50.0%+100.0%+14.3%+14.3%+50.0%+25.0%+24.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.20B$1.27B$1.46B$1.43B$1.35B$1.50B$1.71BPending
Estimate$1.16B$1.17B$1.39B$1.29B$1.29B$1.37B$1.57B$1.53B
Surprise+3.0%+8.1%+4.7%+11.0%+4.7%+10.0%+9.4%
Estimate$0.08
ReportedDue Oct 22, 2026
Estimate$1.53B
ReportedDue Oct 22, 2026
View details

Current ratio105.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.31B$1.20B$1.27B$1.46B$1.43B$1.35B$1.50B$1.71B
Net income$18.0M−$11.0M−$5.0M$5.0M$27.0M−$16.0M−$5.0M$35.0M
Net margin1.4%0.0%0.0%0.3%1.9%0.0%0.0%2.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$83.0M$50.0M$41.0M$86.0M$89.0M$46.0M$60.0M$119.0M
YoY growth+36.1%+61.3%+192.9%+56.4%+7.2%−8.0%+46.3%+38.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $189.0M · Total debt $4.34B · Total assets $5.57B · Shareholders' equity −$758.0M

Revenue
$1.71B
Operating income
$119.0M
Net income
$35.0M
View details

Dividend yield
8.83%
Next ex-date
Dec 10, 26
estimated · in 79 days
Annual dividend
$0.40
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25May '25Aug '25Nov '25Mar '26Jun '26Sep '26
Dividend$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10
Annual yield11.49%14.71%11.20%10.53%11.83%9.73%9.85%8.32%
Ex-dateDec 5Mar 13May 5Aug 7Nov 3Mar 12Jun 11Sep 10
Payment dateDec 19Mar 27May 15Aug 19Nov 13Mar 26Jun 25Sep 24
View details

Institutions21.33%127.49M ADS
236 holders · as of Jun 30, 2026
Insiders0.11%632.4K ADS
7 holders · as of Sep 16, 2026
Other78.56%469.58M ADS
remainder

597.70M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Arini Capital Management LtdInstitution
3.50%20.90M ADSas of Jun 30, 2026
Canyon Capital Advisors LLCInstitution
1.74%10.39M ADSas of Jun 30, 2026
Goldman Sachs Group IncInstitution
1.45%8.67M ADSas of Jun 30, 2026
BlackRock, Inc.Institution
1.38%8.28M ADSas of Jun 30, 2026
Platinum Equity, LLCInstitution
0.89%5.31M ADSas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Ball

    Direct aluminum beverage-can rival across AMBP's core regions

  • Crown

    Direct beverage-can peer in Americas and European markets

  • Amcor

    Rigid plastic and closure substitute for beverage packaging

  • O-I Glass

    Glass-container substitute for beverage brands

  • Silgan

    Adjacent metal and closure packaging competitor

CompareAfter hours

CompanyPriceChange
Ardagh Metal Packaging$4.53+0.33%$2.71B87.515.60.5+17.7%
Ball$59.97−0.02%$15.90B17.014.31.1+19.7%
Crown$109.64−0.00%$11.83B15.612.90.9+16.5%
Amcor$43.26+0.06%$19.49B9.9+25.9%
O-I Glass$6.31+2.02%$935.8M5.60.1−2.2%
Silgan$37.45+0.01%$3.92B14.69.60.6+6.8%
Median15.69.90.7+16.5%