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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SW›Financials
Annual statements · SEC XBRL · FY2022 – FY2025

Smurfit Westrock plc (SW) financials

Income statement

Smurfit Westrock plc (SW) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Revenue$13.5B$12.1B$21.1B$31.2B
Revenue growth—-10.5%74.6%47.7%
Gross profit$3.27B$3.05B$4.20B$6.04B
Gross margin24.2%25.3%19.9%19.4%
Operating income$1.56B$1.37B$1.01B$1.72B
Operating margin11.5%11.3%4.8%5.5%
Net income$1.03B$825M$319M$699M
Net margin7.7%6.8%1.5%2.2%
EPS (diluted)$3.96$3.17$0.82$1.33

Cash flow

Smurfit Westrock plc (SW) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow$1.43B$1.56B$1.48B$3.39B
Capital expenditures$930M$929M$1.47B$2.19B
Free cash flow$503M$630M$17.0M$1.20B
Share buybacks$32.0M$30.0M$27.0M$0.00
Dividends paid$349M$391M$650M$900M

Balance sheet

Smurfit Westrock plc (SW) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$841M$1.00B$855M$892M
Total assets—$14.1B$43.8B$45.2B
Total liabilities—$7.88B$26.4B$26.8B
Long-term debt——$13.1B$13.2B
Shareholders' equity$5.34B$6.16B$17.4B$18.3B
Retained earnings—$3.52B$2.95B$2.65B
Shares (wtd avg diluted)261M260M389M526M

Every figure is extracted from Smurfit Westrock plc’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Smurfit Westrock plc's annual revenue?
Smurfit Westrock plc (SW) reported $31.2B of revenue for fiscal year 2025 — up 47.7% from $21.1B in FY2024, per its annual report filed with the SEC.
Is Smurfit Westrock plc profitable?
Yes — SW earned $699M of net income in FY2025, a 2.2% net margin, per SEC filings.
What is Smurfit Westrock plc's free cash flow?
$1.20B in FY2025 (operating cash flow $3.39B minus $2.19B of capital expenditures), from the SEC cash-flow statement.
Does SW pay a dividend?
Yes — Smurfit Westrock plc paid $900M in cash dividends during FY2025, per its SEC cash-flow statement.
Full SW analysis — verdict, score & filings →Is SW a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.