Smurfit Westrock (SW): financials, SEC filings and peers
Smurfit Westrock (SW) is a paper & plastic packaging products & materials company in the Materials sector of the S&P 500, headquartered in Dublin, Ireland.
It was founded in 1934 and joined the S&P 500 on July 8, 2024.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Paperboard Containers & Boxes”.
Smurfit Westrock at a glance
- Revenue (12 months)
- $31.5B
- Revenue growth
- +1.1%
- Operating margin
- 4.6%
- Net income (12 months)
- $473M
- Free cash flow (12 months)
- $852M
- Cash
- $723M
- Debt
- $14.0B
- Diluted EPS (12 months)
- $0.90
Twelve months to September 30, 2026, from the 10-Q filed November 4, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Smurfit Westrock reported revenue of $31.5 billion, about the same as a year earlier (+1.1%).
Its operating margin was 4.6%: for every $100 of sales, about $5 was left as operating profit.
Net income was $473 million (1.5% of revenue), 36.8% lower than a year earlier.
Operating cash flow was $3.0 billion and capital spending $2.2 billion, leaving free cash flow of $852 million (2.7% of revenue).
At the end of the period it held $723 million in cash and $14.0 billion in debt, a net debt position of $13.3 billion.
Five-year trend
- Revenue went from $13.5 billion in fiscal 2022 to $31.2 billion in fiscal 2025, about 32.2% a year.
- Operating margin narrowed from 11.5% to 5.5% over the same years.
- Free cash flow was positive in each of the last 4 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $13.5B | $12.1B | $21.1B | $31.2B |
| Revenue growth | — | -10.5% | 74.6% | 47.7% |
| Operating margin | 11.5% | 11.3% | 4.8% | 5.5% |
| Net income | $1.0B | $825M | $319M | $699M |
| Free cash flow | $503M | $630M | $17M | $1.2B |
| Diluted EPS | $3.96 | $3.17 | $0.82 | $1.33 |
Fiscal years as reported in Smurfit Westrock’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed November 4, 2026 — quarterly report
- 8-K filed October 28, 2026 — Earnings results; Regulation FD disclosure
- 10-Q filed July 31, 2026 — quarterly report
- 8-K filed July 29, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed May 1, 2026 — Shareholder vote results
- 10-Q filed May 1, 2026 — quarterly report
- 8-K filed April 30, 2026 — Earnings results; Regulation FD disclosure
Companies like Smurfit Westrock
Other S&P 500 companies in Paper & Plastic Packaging Products & Materials:
- AMCRAmcorWarmley, Bristol, United Kingdom
- AVYAvery DennisonMentor, Ohio
- IPInternational PaperMemphis, Tennessee
- PKGPackaging Corporation of AmericaLake Forest, Illinois
More from Materials
Questions about Smurfit Westrock
Is Smurfit Westrock's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $31.5 billion, up 1.1% from a year earlier, according to its SEC filings.
Is Smurfit Westrock profitable?
Yes. It earned $473 million in net income over the twelve months to September 30, 2026, a net margin of 1.5%.
Does Smurfit Westrock have more cash or more debt?
At September 30, 2026 it had $723 million in cash and $14.0 billion in debt, so more debt than cash.
When did Smurfit Westrock last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 4, 2026.
Which companies are similar to Smurfit Westrock?
In the S&P 500, Smurfit Westrock is grouped in Paper & Plastic Packaging Products & Materials within the Materials sector. Amcor (AMCR), Avery Dennison (AVY), International Paper (IP), Packaging Corporation of America (PKG) are in the same group.
Understand the numbers
Source: Smurfit Westrock’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.