Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in North America, South America, Europe, Asia, Africa, Australia, and internationally. The company produces containerboard and paperboard; packaging of corrugated containers; consumer packaging; and offers solid board, kraft paper, and graphic board, as well as other packaging products, such as solidboard packaging, paper sacks and bag-in-box. It produces linerboard and corrugated medium and paperboard; and other paper-based packaging, such as folding cartons, inserts, labels and displays. The company primarily serves food and beverage, healthcare, beauty and personal care, garden, consumer goods, industrial, and foodservice markets. It markets its products through its own sales force, independent sales representatives, and independent distributors. Smurfit Westrock Plc was founded in 1934 and is headquartered in Dublin, Ireland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $31.2B | $4.3B | $699M | $1.2B | 3.8% | 47.7% | 119.1% |
| 2024 | $21.1B | $2.5B | $319M | $17M | 1.8% | 74.6% | -61.3% |
| 2023 | $12.1B | $1.9B | $825M | $630M | 13.4% | -10.5% | -20.2% |
| 2022 | $13.5B | $2.1B | $1.0B | $503M | 19.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 13,509 | 12,093 | 21,109 | 31,179 |
| Cost Of Revenue | - | 10,237 | 9,039 | 16,914 | 25,136 |
| Gross Profit | - | 3,272 | 3,054 | 4,195 | 6,043 |
| Operating Expense | - | 1,543 | 1,572 | 2,737 | 3,819 |
| Operating Income | - | 1,729 | 1,482 | 1,458 | 2,224 |
| EBITDA | - | 2,138 | 1,888 | 2,549 | 4,349 |
| EBIT | - | 1,574 | 1,308 | 1,085 | 1,799 |
| Pretax Income | - | 1,426 | 1,138 | 560 | 959 |
| Tax Provision | - | 391 | 312 | 241 | 260 |
| Net Income | - | 1,034 | 825 | 319 | 699 |
| Net Income Common Stockholders | - | 1,034 | 825 | 319 | 699 |
| Total Expenses | - | 11,780 | 10,611 | 19,651 | 28,955 |
| Interest Expense | - | 148 | 170 | 525 | 840 |
| Interest Income | - | 9 | 31 | 127 | 111 |
| Selling General And Administration | - | 1,543 | 1,572 | 2,737 | 3,819 |
| Normalized EBITDA | - | 2,309 | 1,998 | 3,000 | 4,854 |
| Normalized Income | - | 1,158.11 | 904.84 | 713.62 | 1,067.14 |
| Market Cap | 20,949.19 | 20,949.19 | 20,949.19 | 20,949.19 | 20,949.19 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Smurfit Westrock Plcthis co. | SW | - | 29.97 | 1.14 | 3.8% | 7.78 |
| Genuine Parts Company | GPC | $15.3B | 229.41 | 3.42 | 1.5% | 28.11 |
| Aptiv PLC | APTV | $12.8B | 91.48 | 1.64 | 1.8% | 9.40 |
| Best Buy Co., Inc. | BBY | $12.8B | 11.85 | 4.27 | 36.1% | 6.60 |
| Avery Dennison Corporation | AVY | $12.7B | 18.50 | 5.68 |
| - |
| - |
| - |
| - |
| - |
| 30.7% |
| 11.71 |
| Amcor plc | AMCR | $12.4B | 35.22 | 1.53 | 4.4% | 18.20 |
| Domino's Pizza, Inc. | DPZ | $12.4B | 20.56 | -3.17 | -15.4% | 16.39 |
| Wynn Resorts, Limited | WYNN | $10.9B | 33.66 | -40.00 | -118.8% | 12.35 |
| Booking Holdings Inc. | BKNG | $5.8B | 25.96 | -25.15 | -96.9% | 15.44 |
| Peer Median | - | 29.81 | 1.59 | 1.6% | 13.90 | |