Smurfit Westrock Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	31,326	31,179	21,109	12,093	13,509
Revenue Growth	1.69%	47.70%	74.56%	-10.48%	-
Cost of Revenue	25,708	25,136	16,914	9,039	10,237
Gross Profit	5,618	6,043	4,195	3,054	3,272
Selling, General & Admin	3,814	3,819	2,737	1,604	1,543
Other Operating Expenses	327	505	451	78	171
Total Operating Expenses	4,141	4,324	3,188	1,682	1,714
Operating Income	1,477	1,719	1,007	1,372	1,558
Interest Expense	-725	-729	-398	-139	-139
Other Non-Operating Income (Expense)	-29	-31	-49	-95	7
Total Non-Operating Income (Expense)	-754	-760	-447	-234	-132
Pretax Income	723	959	560	1,138	1,426
Provision for Income Taxes	229	260	241	312	391
Net Income	494	699	319	826	1,035
Minority Interest in Earnings	-3	-	-	1	1
Net Income to Common	497	699	319	825	1,034
Net Income Growth	41.19%	119.12%	-61.33%	-20.21%	-
Shares Outstanding (Basic)	524	522	386	258	258
Shares Outstanding (Diluted)	527	526	389	260	261
Shares Change	1.30%	35.22%	49.61%	-0.38%	-
EPS (Basic)	0.95	1.34	0.83	3.19	4.00
EPS (Diluted)	0.94	1.33	0.82	3.17	3.96
EPS Growth	42.42%	62.20%	-74.13%	-19.95%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	1,015	1,200	17	630	503
Free Cash Flow Growth	1094.12%	6958.82%	-97.30%	25.25%	-
Free Cash Flow Per Share	1.93	2.28	0.04	2.42	1.93
Dividends Per Share	1.768	1.723	0.605	1.679	-
Dividend Growth	20.67%	184.83%	-63.97%	-	-
Gross Margin	17.93%	19.38%	19.87%	25.25%	24.22%
Operating Margin	4.71%	5.51%	4.77%	11.35%	11.53%
Profit Margin	1.58%	2.24%	1.51%	6.83%	7.66%
FCF Margin	3.24%	3.85%	0.08%	5.21%	3.72%
EBITDA	4,217	4,269	2,471	1,952	2,122
EBITDA Margin	13.46%	13.69%	11.71%	16.14%	15.71%
EBIT	1,477	1,719	1,007	1,372	1,558
EBIT Margin	4.71%	5.51%	4.77%	11.35%	11.53%
Effective Tax Rate	31.67%	27.11%	43.04%	27.42%	27.42%

SEC Filings: 10-K · 10-Q