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Smurfit Westrock plc (SW)

As-reported financials and SEC filings for Smurfit Westrock plc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Smurfit Westrock plc

Smurfit Westrock plc is a global company that produces sustainable, paper-based packaging products. It manufactures corrugated containers, consumer packaging, solidboard, kraft paper, and bag-in-box packaging, serving industries such as food, health and beauty, and industrial products. The company operates in 40 countries across North America, Latin America, Europe, and other regions, with a network of paper mills, converting plants, and distribution facilities.

Snapshot

Revenue
$31.18B
Revenue growth (YoY)
47.7%
Net income
$699.0M
Diluted EPS
$1.33
Gross margin
19.4%
Operating margin
5.5%
Net margin
2.2%
FCF margin
3.8%
ROE
3.8%
net income / fiscal-year-end equity
P/E
49.9×
trailing when available, otherwise FY EPS
Market cap
$23.83B
Long-term debt / equity
0.73×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Smurfit Westrock

  • Revenue grew 47.7% to $31.2B in FY2025, slower than the 74.6% the year before.
  • Operating margin is 5.5% in FY2025, -6.0 pp against 11.5% in FY2022.
  • Most recent quarter Q2 FY2026: revenue $8.0B, up 1.1% from Q2 FY2025.
  • Free cash flow was $1.2B in FY2025, 3.8% of revenue.
  • Net income rose 119.1% to $699M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Smurfit Westrock’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin19.4%
31st percentile of 191
Operating margin5.5%
53rd percentile of 189
Net margin2.2%
50th percentile of 221
FCF margin3.8%
49th percentile of 205
Revenue growth (YoY)+47.7%
93rd percentile of 236
ROE3.8%
52nd percentile of 216
P/E49.9×
88th percentile of 134
Long-term debt / equity0.73×
57th percentile of 165
Short interest4.92d
69th percentile of 238

Smurfit Westrock’s revenue growth of +47.7% ranks in the 93rd percentile of the 236 Materials companies reporting it. Smurfit Westrock’s P/E of 49.9 ranks in the 88th percentile of the 134 peers with a meaningful P/E.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
21.0M
settled 2026-08-14
Change vs prior
-16.7%
vs previous settlement
Days to cover
4.92
at avg daily volume
Avg daily volume
4.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1421.0M-16.7%4.92
2026-07-3125.2M-1.1%4.31
2026-07-1525.5M-7.7%5.00
2026-06-3027.6M-2.4%3.92
2026-06-1528.3M+3.3%4.89
2026-05-2927.4M+1.6%5.63
2026-05-1527.0M-7.0%5.65
2026-04-3029.0M-5.4%4.89

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022
Revenue$31.18B$21.11B$12.09B$13.51B
Gross profit$6.04B$4.20B$3.05B$3.27B
Operating income$1.72B$1.01B$1.37B$1.56B
Net income$699.0M$319.0M$825.0M$1.03B
Diluted EPS$1.33$0.82$3.17$3.96

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022
Cash and equivalents$892.0M$855.0M$1.00B$841.0M
Current assets$10.44B$10.05B$4.57B
Total assets$45.16B$43.76B$14.05B
Current liabilities$7.06B$7.33B$3.01B
Long-term debt$13.43B$12.54B$3.67B
Total liabilities$26.80B$26.37B$7.88B
Total equity$18.35B$17.39B$6.17B$5.34B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022
Operating cash flow$3.39B$1.48B$1.56B$1.43B
Capital expenditure$2.19B$1.47B$929.0M$930.0M
Free cash flow$1.20B$17.0M$630.0M$503.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$8.03B1.1%$89.0M$0.17
Q1 FY2026$7.71B0.7%$65.0M$0.12
Q4 FY2025$7.58B0.5%$97.0M$0.18
Q3 FY2025$8.00B4.3%$246.0M$0.47
Q2 FY2025$7.94B167.4%$-28.0M$-0.05
Q1 FY2025$7.66B161.3%$384.0M$0.73
Q4 FY2024$7.54B163.4%$146.0M$0.28
Q3 FY2024$7.67B163.2%$-150.0M$-0.30

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorMaterials
SIC industryPaperboard Containers & Boxes
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2024
SEC CIK2005951

Selected SEC filings

10-K2026-02-27
View on EDGAR →
10-K2025-03-07
View on EDGAR →
10-Q2026-07-31
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
10-Q2025-11-07
View on EDGAR →
10-Q2025-08-07
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-05-01
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.