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abrdn Income Credit Strategies ACP Food Packaging — Income Tax Expense Benefit

Other segment segments

Energy
-$33M+37.7%
Holding Company
-$10M-11.1%
Automotive
-$7M+30.0%

Other financials

Income statement

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Revenue$2.2B+18.2%
Net income-$459.0M-8.8%
EPS (diluted)-$0.71+10.1%

Balance sheet

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Cash & equivalents$1.3B-40.5%
Total debt$6.9B-5.9%
Total assets$12.9B-16.5%

Cash flow

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Operating cash flow$397.0M+318%
CapEx$114.0M+29.5%
Free cash flow$283.0M+205%

Valuation

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Market cap$0+1.6%

Profitability

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Gross margin-56.5%
Net margin-3.4%-1.3pp
FCF margin20%

Returns & leverage

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Return on equity-0.1%
Debt / equity0.7×

Where this comes from

Reported directly by abrdn Income Credit Strategies in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: abrdn Income Credit Strategies’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is abrdn Income Credit Strategies's food packaging — income tax expense benefit?
abrdn Income Credit Strategies (ACP) reported food packaging — income tax expense benefit of $1M in Q1 2026.
How has abrdn Income Credit Strategies's food packaging — income tax expense benefit changed year-over-year?
abrdn Income Credit Strategies's food packaging — income tax expense benefit increased by 150.0% year-over-year, from -$2M to $1M.
What is the long-term trend for abrdn Income Credit Strategies's food packaging — income tax expense benefit?
Over 2 years (2022 to 2024), abrdn Income Credit Strategies's food packaging — income tax expense benefit has grown at a -100.0% compound annual growth rate (CAGR), from $7M to $0.
What does food packaging — income tax expense benefit mean?
The provision for income taxes or tax benefits recognized by the food packaging segment based on its taxable income or loss. It reflects the tax burden or relief associated with the segment's specific operational and geographic footprint.