SW · Smurfit Westrock PLC - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.71B | - | $8.00B | $2.97B | $2.93B | - | $7.67B | - | - | - |
| Cost of Revenue | $6.44B | - | $6.43B | $2.28B | $2.22B | - | $2.17B | - | - | - |
| Gross Profit | $1.27B | - | $1.57B | $693.00M | $710.00M | - | $742.00M | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $961.00M | - | $963.00M | $389.00M | $380.00M | - | $1.03B | $12.3K | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $728.00M | - | $659.00M | $613.00M | $148.00M | - | $147.00M | - | - | - |
| Operating Income | $253.00M | - | $526.00M | $244.00M | $307.00M | - | $55.00M | ($12.3K) | - | - |
| Interest Expense | $198.00M | - | $204.00M | $208.00M | $37.00M | - | $209.00M | - | - | - |
| Income Tax | $21.00M | - | $91.00M | $84.00M | $76.00M | - | $33.00M | - | - | - |
| Net Income | $65.00M | - | $246.00M | ($28.00M) | $191.00M | - | ($150.00M) | ($12.3K) | - | - |
| EPS - Basic | $0.12 | - | $0.47 | ($0.05) | $0.74 | - | ($0.30) | ($2.56) | - | - |
| EPS - Diluted | $0.12 | - | $0.47 | ($0.05) | $0.73 | - | $0.88 | ($2.56) | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $674.00M | $892.00M | $851.00M | $778.00M | $797.00M | $855.00M | $951.00M | $26.8K | $111 | $985.00M |
| Accounts Receivable | $4.64B | $4.27B | $4.67B | $4.84B | $4.55B | $4.12B | $1.81B | - | - | - |
| Inventory | $3.58B | $3.69B | $3.78B | $3.77B | $3.67B | $3.55B | $3.58B | - | - | - |
| Accounts Payable | $3.34B | $3.60B | $3.26B | $3.38B | $3.17B | $3.29B | $3.36B | - | - | - |
| Current Assets | $10.55B | $10.44B | $10.88B | $10.98B | $10.63B | $10.05B | $10.54B | - | - | - |
| Total Assets | $45.17B | $45.16B | $45.57B | $45.75B | $44.65B | $43.76B | $45.03B | $26.8K | $111 | - |
| Current Liabilities | $7.31B | $7.06B | $7.34B | $7.59B | $7.45B | $7.33B | $7.13B | - | - | - |
| Long-term Debt | - | $13.22B | - | - | - | $13.06B | - | - | - | - |
| Total Liabilities | $27.09B | $26.80B | $27.11B | $27.42B | $26.76B | $26.37B | $27.04B | $12.3K | - | - |
| Stockholders' Equity | $18.06B | $18.33B | $18.43B | $18.30B | $17.86B | $17.36B | $17.96B | $109 | $108 | $4.93B |
| Retained Earnings | $2.40B | $2.65B | $2.79B | $2.77B | $3.03B | $2.95B | $3.52B | ($12.3K) | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $204.00M | - | - | - | $235.00M | - | - | - | $0 | - |
| Investing Cash Flow | ($627.00M) | - | - | - | ($476.00M) | - | - | - | $0 | - |
| Financing Cash Flow | $209.00M | - | - | - | $151.00M | - | - | - | $0 | - |
| CapEx | $624.00M | - | - | - | $208.00M | - | - | - | - | - |
| Free Cash Flow | ($420.00M) | - | - | - | $27.00M | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.4% | - | 19.6% | 23.3% | 24.2% | - | 9.7% | - | - | - |
| Operating margin | 3.3% | - | 6.6% | 8.2% | 10.5% | - | 0.7% | - | - | - |
| EBITDA margin | 12.7% | - | 14.8% | 28.9% | 15.5% | - | 2.6% | - | - | - |
| Net margin | 0.8% | - | 3.1% | -0.9% | 6.5% | - | -2.0% | - | - | - |
| Free cash flow margin | -5.4% | - | - | - | 0.9% | - | - | - | - | - |
| FCF / Net income | -6.46 | - | - | - | 0.14 | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.5% | - | 12.0% | 13.1% | 13.0% | - | 13.4% | - | - | - |
| Effective tax rate | 24.4% | - | 27.0% | 150.0% | 28.5% | - | - | - | - | - |
| Return on assets | 0.1% | - | 0.5% | -0.1% | 0.4% | - | -0.3% | -46.0% | - | - |
| Return on equity | 0.4% | - | 1.3% | -0.2% | 1.1% | - | -0.8% | -11284.4% | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.44 | 1.48 | 1.48 | 1.45 | 1.43 | 1.37 | 1.48 | - | - | - |
| Quick ratio | 0.95 | 0.95 | 0.97 | 0.95 | 0.93 | 0.89 | 0.98 | - | - | - |
| Cash ratio | 0.09 | 0.13 | 0.12 | 0.10 | 0.11 | 0.12 | 0.13 | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | 0.72 | - | - | - | 0.75 | - | - | - | - |
| Debt / Assets | - | 0.29 | - | - | - | 0.30 | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 1.3x | - | 2.6x | 1.2x | 8.3x | - | 0.3x | - | - | - |
| Equity multiplier | 2.50 | 2.46 | 2.47 | 2.50 | 2.50 | 2.52 | 2.51 | 245.52 | 1.03 | - |
| Liabilities / Assets | 0.60 | 0.59 | 0.59 | 0.60 | 0.60 | 0.60 | 0.60 | 0.46 | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.18 | 0.06 | 0.07 | - | 0.17 | - | - | - |
| Inventory turnover | 1.80 | - | 1.70 | 0.60 | 0.60 | - | 0.61 | - | - | - |
| Days sales outstanding | 220d | - | 213d | 596d | 567d | - | 86d | - | - | - |
| Days inventory outstanding | 203d | - | 214d | 605d | 603d | - | 602d | - | - | - |
| Days payable outstanding | 189d | - | 185d | 542d | 521d | - | 564d | - | - | - |
| Cash conversion cycle | 233d | - | 243d | 659d | 649d | - | 124d | - | - | - |
| Valuation | ||||||||||
| P / E | 332.1x | - | 90.6x | - | 61.7x | - | 56.2x | - | - | - |
| P / B | 1.2x | - | 1.2x | 1.2x | 0.7x | - | 1.4x | 2031.4x | - | - |
| P / S | 2.7x | - | 2.8x | 7.6x | 4.0x | - | 3.3x | - | - | - |
| EV / EBITDA | 20.7x | - | 18.2x | 25.4x | 24.0x | - | 119.6x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 163.2% | - | 4.3% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 78.6% | - | 111.5% | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -17.6% | - | 856.4% | - | - | - | - | - | - | - |
| Net income growth (YoY) | -66.0% | - | - | -227542.3% | - | - | - | - | - | - |
| EPS growth (YoY) | -83.6% | - | -46.6% | 98.0% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1.1% | 5.6% | 2.6% | 16786238432.1% | 16540740640.7% | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$31.18B totalNorth America Segment$18.22B · 58.4%
Europe Middle East And Africa And Asia Pacific Segment$10.86B · 34.8%
Latin America Segment$2.10B · 6.7%
Product / service
$18.22B totalPackaging$13.83B · 75.9%
Paper$4.39B · 24.1%
Geographic
$31.18B totalUS$14.47B · 46.4%
Other Europe MEAAnd APAC$7.17B · 23.0%
Other Americas$3.38B · 10.8%
MX$2.52B · 8.1%
DE$1.87B · 6.0%
FR$1.55B · 5.0%
IE$226.00M · 0.7%
Peer comparison
Same SIC group: Paperboard Containers & Boxes
Comparing Smurfit Westrock plc against the 5 most active filers in the same SIC group.
Dividends
$1.33/share trailing 12 months · -9.1% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.4520 |
| Feb 17, 2026 | $0.4520 |
| Aug 15, 2025 | $0.4310 |
| May 16, 2025 | $0.4310 |
| Feb 14, 2025 | $0.4310 |
| Nov 15, 2024 | $0.3030 |
| Aug 15, 2024 | $0.3030 |
| Apr 11, 2024 | $1.2720 |
| Sep 28, 2023 | $0.3520 |
| Apr 13, 2023 | $1.1830 |
| Sep 29, 2022 | $0.3080 |
| Apr 7, 2022 | $1.0480 |
| Sep 23, 2021 | $0.3430 |
| Apr 8, 2021 | $1.0370 |
| Nov 19, 2020 | $0.3310 |
| Aug 13, 2020 | $0.9530 |
| Apr 16, 2020 | $0.8830 |
| Sep 26, 2019 | $0.3050 |
| Apr 11, 2019 | $0.8140 |
| Sep 28, 2017 | $0.2710 |
| Apr 20, 2017 | $0.6170 |
| Sep 29, 2016 | $0.2470 |
| Apr 14, 2016 | $0.5410 |
| Oct 1, 2015 | $0.2240 |