Smurfit Westrock plc

SW ·Basic Materials, Paper & Paper Products
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $31.18B $21.11B $12.09B $13.51B $24.60B $20.30B $17.30B
Products $17.90B $15.10B $13.20B
Services $6.70B $5.20B $4.10B
Cost of Revenue $25.14B $16.91B $9.04B $10.24B
Gross Profit $6.04B $4.20B $3.05B $3.27B
Gross Margin 19.4% 19.9% 25.3% 24.2%
Operating Expenses
Research & Development
SG&A Expense $3.82B $2.74B $1.57B $1.54B
Operating Income $1.72B $1.01B $1.37B $1.56B
Operating Margin 5.5% 4.8% 11.3% 11.5%
Interest Expense
Pretax Income $959.0M $560.0M $1.14B $1.43B
Income Tax Expense $260.0M $241.0M $312.0M $391.0M
Net Income $699.0M $319.0M $825.0M $1.03B
Net Margin 2.2% 1.5% 6.8% 7.7%
EPS (Basic) $1.34 $0.83 $3.19 $4.00
EPS (Diluted) $1.33 $0.82 $3.17 $3.96
Shares Outstanding (Basic) 524.3M 522.0M 386.0M 258.0M 258.0M
Shares Outstanding (Diluted) 524.3M 526.0M 389.0M 260.0M 261.0M
Dividends Per Share $1.72 $1.89 $1.50 $1.35
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