Smurfit Westrock Plc (SW)
NYSE: SW · Real-Time Price · USD
49.25
-0.37 (-0.75%)
Aug 12, 2026, 4:00 PM EDT - Market closed
Smurfit Westrock Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
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 | Dec '21 Dec 31, 2021 |
Net Income | 494 | 699 | 319 | 826 | 1,035 | - |
Depreciation & Amortization | 2,740 | 2,550 | 1,464 | 580 | 564 | - |
Stock-Based Compensation | 115 | 139 | 206 | 66 | 68 | - |
Other Adjustments | -134 | -67 | -157 | -72 | 83 | - |
Change in Receivables | -68 | 164 | -144 | 245 | -91 | - |
Changes in Inventories | 163 | 35 | 62 | 220 | -209 | - |
Changes in Accounts Payable | 107 | -23 | -273 | -260 | -33 | - |
Changes in Accrued Expenses | -60 | -32 | 42 | 10 | 79 | - |
Changes in Income Taxes Payable | -129 | -71 | -5 | -99 | 53 | - |
Changes in Other Operating Activities | 69 | -2 | -31 | 43 | -116 | - |
Operating Cash Flow | 3,297 | 3,392 | 1,483 | 1,559 | 1,433 | - |
Operating Cash Flow Growth | 52.29% | 128.73% | -4.88% | 8.79% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
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 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,282 | -2,192 | -1,466 | -929 | -930 | - |
Sale of Property, Plant & Equipment | 31 | 12 | 61 | 17 | 13 | - |
Proceeds from Sale of Investments | 34 | 26 | 5 | - | - | - |
Cash Acquisitions | -20 | -6 | -720 | -29 | -108 | - |
Other Investing Activities | 12 | 17 | 6 | 10 | 5 | - |
Investing Cash Flow | -2,222 | -2,143 | -2,114 | -931 | -1,020 | - |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
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 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 73 | -391 | 1 | - | - | - |
Net Short-Term Debt Issued (Repaid) | 73 | -391 | 1 | - | - | - |
Long-Term Debt Issued | 1,539 | 1,971 | 5,709 | 84 | 52 | - |
Long-Term Debt Repaid | -1,815 | -1,884 | -4,343 | -139 | -59 | - |
Net Long-Term Debt Issued (Repaid) | -276 | 87 | 1,366 | -55 | -7 | - |
Repurchase of Common Stock | - | - | -27 | -30 | -74 | - |
Net Common Stock Issued (Repurchased) | - | - | -27 | -30 | -74 | - |
Common Dividends Paid | -924 | -900 | -650 | -391 | -349 | - |
Other Financing Activities | -110 | -94 | -83 | -3 | -1 | - |
Financing Cash Flow | -1,203 | -1,298 | 607 | -479 | -431 | - |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
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 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 27 | 86 | -121 | 10 | -126 | -0 |
Net Cash Flow | -101 | 37 | -145 | 159 | -144 | -0 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
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 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,015 | 1,200 | 17 | 630 | 503 | 0 |
Free Cash Flow Growth | 1094.12% | 6958.82% | -97.30% | 25.25% | - | - |
FCF Margin | 3.24% | 3.85% | 0.08% | 5.21% | 3.72% | - |
Free Cash Flow Per Share | 1.93 | 2.28 | 0.04 | 2.42 | 1.93 | - |
Levered Free Cash Flow | 902 | 660 | 1,479 | 335 | 435 | 0 |
Unlevered Free Cash Flow | 1,617 | 1,518 | 366.63 | 560.85 | 538.81 | 0 |