Smurfit Westrock Plc - Understand $sw stock

$SW Market Cap: $28.3 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$19.01B

TTM

Gross Margin

24.72%

TTM

Net Earnings

$323.0M

TTM

Current Assets

$10.55B

Q3 2024

Current Liabilities

$7.126B

Q3 2024

Current Ratio

147.98%

Q3 2024

Total Assets

$45.03B

Q3 2024

Total Liabilities

$27.04B

Q3 2024

Book Value

$17.99B

Q3 2024

Cash

$951.0M

Q3 2024

P/E

87.61

Nov 29, 2024 EST

Free Cash Flow

-$60.00M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$11.27B	$12.82B	$10.11B	$9.722B	$10.13B	$10.55B	$9.656B	$9.024B	$8.996B	$10.72B	$10.57B	$9.427B	$10.23B	$8.842B	$8.424B	$10.33B	$9.955B	$8.750B	$5.497B	$5.407B
YoY Change	-12.04%	26.79%	3.96%	-3.99%	-4.03%	9.28%	6.99%	0.32%	-16.08%	1.46%	12.08%	-7.87%	15.72%	4.97%	-18.48%	3.8%	13.77%	59.18%	1.66%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$11.27B	$12.82B	$10.11B	$9.722B	$10.13B	$10.55B	$9.656B	$9.024B	$8.996B	$10.72B	$10.57B	$9.427B	$10.23B	$8.842B	$8.424B	$10.33B	$9.955B	$8.750B	$5.497B	$5.407B
Cost Of Revenue	$7.485B	$8.752B	$7.015B	$6.446B	$6.763B	$7.064B	$6.763B	$6.293B	$6.292B	$7.482B	$7.501B	$6.734B	$7.357B	$6.390B	$6.077B	$7.402B	$7.169B	$6.289B	$3.992B	$3.899B
Gross Profit	$3.787B	$4.063B	$3.092B	$3.276B	$3.363B	$3.488B	$2.893B	$2.731B	$2.704B	$3.237B	$3.065B	$2.692B	$2.875B	$2.453B	$2.346B	$2.931B	$2.786B	$2.461B	$1.505B	$1.508B
Gross Profit Margin	33.6%	31.71%	30.59%	33.69%	33.21%	33.05%	29.96%	30.26%	30.05%	30.2%	29.01%	28.56%	28.1%	27.74%	27.85%	28.37%	27.98%	28.12%	27.38%	27.89%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Selling, General & Admin	$2.367B	$2.385B	$2.012B	$2.216B	$2.166B	$2.176B	$1.960B	$1.805B	$1.829B	$2.217B	$2.166B	$1.952B	$2.015B	$1.833B	$1.898B	$2.147B	$2.006B	$1.861B	$1.188B	$1.148B
YoY Change	-0.75%	18.54%	-9.19%	2.31%	-0.49%	11.03%	8.58%	-1.33%	-17.5%	2.38%	10.94%	-3.13%	9.95%	-3.45%	-11.6%	7.02%	7.83%	56.62%	3.47%
% of Gross Profit	62.5%	58.7%	65.07%	67.64%	64.39%	62.39%	67.76%	66.1%	67.67%	68.5%	70.67%	72.51%	70.1%	74.73%	80.91%	73.25%	72.03%	75.62%	78.95%	76.14%
Research & Development	$10.00M	$8.000M	$7.000M	$9.118M	$8.953M	$8.256M	$7.894M	$7.742M	$11.09M
YoY Change	25.0%	14.29%	-23.23%	1.84%	8.44%	4.59%	1.96%	-30.21%
% of Gross Profit	0.26%	0.2%	0.23%	0.28%	0.27%	0.24%	0.27%	0.28%	0.41%
Depreciation & Amortization	$635.0M	$630.0M	$553.0M	$634.8M	$605.5M	$494.2M	$451.1M	$439.1M	$416.0M	$485.4M	$493.9M	$453.7M	$522.9M	$515.1M	$559.1M	$569.4M	$551.1M	$502.2M	$305.1M	$331.0M
YoY Change	0.79%	13.92%	-12.89%	4.85%	22.51%	9.56%	2.73%	5.55%	-14.29%	-1.74%	8.88%	-13.25%	1.51%	-7.86%	-1.81%	3.33%	9.74%	64.56%	-7.81%
% of Gross Profit	16.77%	15.51%	17.88%	19.38%	18.0%	14.17%	15.59%	16.08%	15.39%	14.99%	16.12%	16.85%	18.19%	21.0%	23.83%	19.42%	19.78%	20.41%	20.28%	21.95%
Operating Expenses	$2.377B	$2.393B	$2.019B	$2.225B	$2.174B	$2.184B	$1.968B	$1.813B	$1.838B	$2.215B	$2.163B	$1.906B	$2.011B	$1.804B	$1.894B	$2.142B	$1.940B	$1.858B	$1.184B	$1.141B
YoY Change	-0.67%	18.52%	-9.25%	2.31%	-0.45%	11.0%	8.55%	-1.38%	-17.0%	2.39%	13.49%	-5.23%	11.5%	-4.78%	-11.55%	10.38%	4.4%	56.9%	3.8%
Operating Profit	$1.410B	$1.670B	$1.073B	$1.051B	$1.189B	$1.303B	$924.7M	$918.0M	$865.3M	$1.022B	$901.6M	$786.5M	$863.7M	$648.9M	$452.0M	$789.9M	$845.7M	$602.4M	$320.5M	$367.1M
YoY Change	-15.57%	55.64%	2.11%	-11.58%	-8.81%	40.94%	0.73%	6.09%	-15.37%	13.41%	14.63%	-8.93%	33.1%	43.57%	-42.78%	-6.6%	40.39%	87.93%	-12.69%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Interest Expense	-$138.0M	-$147.0M	-$119.0M	-$150.4M	-$195.9M	-$162.8M	-$191.7M	-$156.0M	-$132.0M	-$193.6M	-$273.5M	-$322.6M	-$250.3M	-$260.9M	-$310.1M	-$250.9M	-$245.0M	-$318.0M	-$567.3M	-$373.7M
YoY Change	-6.12%	23.53%	-20.9%	-23.18%	20.33%	-15.1%	22.93%	18.13%	-31.82%	-29.22%	-15.2%	28.85%	-4.04%	-15.88%	23.6%	2.41%	-22.94%	-43.95%	51.79%
% of Operating Profit	-9.79%	-8.8%	-11.09%	-14.32%	-16.48%	-12.49%	-20.73%	-16.99%	-15.26%	-18.94%	-30.34%	-41.01%	-28.99%	-40.2%	-68.62%	-31.77%	-28.97%	-52.78%	-176.98%	-101.8%
Other Income/Expense, Net	-$45.00M	$1.000M	-$10.00M	-$12.54M	-$16.79M	-$36.56M	-$55.26M	-$22.12M	-$7.766M	-$140.6M	-$126.1M	-$61.69M	-$162.7M	-$144.3M	-$144.6M	-$150.6M	-$133.2M	-$113.2M
YoY Change	-4600.0%	-110.0%	-20.24%	-25.32%	-54.09%	-33.83%	149.8%	184.84%	-94.48%	11.44%	104.48%	-62.09%	12.73%	-0.2%	-3.98%	13.11%	17.62%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Pretax Income	$1.055B	$1.293B	$913.0M	$852.5M	$757.7M	-$476.5M	$649.6M	$723.4M	$664.5M	$501.3M	$390.4M	$410.0M	$415.8M	$136.4M	-$72.32M	-$16.81M	$232.6M	-$179.7M	-$358.6M	-$34.73M
YoY Change	-18.41%	41.62%	7.09%	12.52%	-259.0%	-173.36%	-10.2%	8.86%	32.56%	28.41%	-4.78%	-1.41%	204.86%	-288.62%	330.28%	-107.23%	-229.47%	-49.9%	932.52%
Income Tax	$296.0M	$348.0M	$234.0M	$229.1M	$216.0M	$277.2M	$172.5M	$216.8M	$206.3M	$167.1M	$130.1M	$87.39M	$112.7M	$59.59M	$76.49M	$30.10M	$4.796M	$13.19M	-$803.0K	$2.429M
% Of Pretax Income	28.06%	26.91%	25.63%	26.87%	28.51%		26.56%	29.97%	31.05%	33.33%	33.33%	21.32%	27.09%	43.69%			2.06%
Net Earnings	$758.0M	$944.0M	$679.0M	$621.2M	$532.7M	-$761.9M	$470.3M	$491.1M	$443.7M	$319.6M	$249.6M	$308.4M	$286.5M	$66.21M	-$169.7M	-$72.66M	$201.5M	-$213.6M	-$337.1M	-$3.398M
YoY Change	-19.7%	39.03%	9.31%	16.6%	-169.92%	-262.02%	-4.24%	10.67%	38.85%	28.03%	-19.07%	7.66%	332.69%	-139.03%	133.52%	-136.06%	-194.33%	-36.64%	9820.34%
Net Earnings / Revenue	6.72%	7.37%	6.72%	6.39%	5.26%	-7.22%	4.87%	5.44%	4.93%	2.98%	2.36%	3.27%	2.8%	0.75%	-2.01%	-0.7%	2.02%	-2.44%	-6.13%	-0.06%
Basic Earnings Per Share
Diluted Earnings Per Share	$2.92	$3.62	$2.61	$2.58	$2.24	-$3.23	$1.98	$2.07	$1.88	$1.36	$1.07	$1.34	$1.27	$0.30	-$0.78	-$0.33	$0.98	-$1.04	-$1.63	-$0.01

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$890.0M	$777.0M	$855.0M	$1.088B	$211.9M	$466.8M	$635.8M	$458.4M	$293.2M	$468.2M	$614.4M	$589.8M	$1.094B	$662.2M	$860.4M	$978.5M	$586.5M	$475.6M	$277.5M	$325.7M
YoY Change	14.54%	-9.12%	-21.43%	413.61%	-54.61%	-26.58%	38.71%	56.32%	-37.37%	-23.8%	4.18%	-46.08%	65.19%	-23.04%	-12.07%	66.84%	23.32%	71.37%	-14.8%
Cash & Equivalents	$713.0M	$668.0M	$755.0M	$1.006B	$128.9M	$298.2M	$400.7M	$311.2M	$151.0M	$339.9M	$327.1M	$439.4M	$1.094B	$662.2M	$860.4M	$978.5M	$586.5M	$475.6M	$277.5M	$325.7M
Short-Term Investments
Other Short-Term Assets	$153.0M	$216.0M	$123.0M	$156.3M	$104.3M	$104.4M	$105.6M	$73.59M	$90.14M	$66.53M	$70.10M	$95.00M	$90.61M	$70.90M	$110.2M	$92.26M	$70.03M	$97.01M	$979.5M	$84.41M
YoY Change	-29.17%	75.61%	-21.32%	49.95%	-0.11%	-1.13%	43.45%	-18.36%	35.48%	-5.09%	-26.21%	4.84%	27.81%	-35.68%	19.49%	31.74%	-27.81%	-90.1%	1060.39%
Inventory	$1.036B	$1.241B	$1.056B	$957.5M	$930.4M	$984.0M	$1.018B	$829.5M	$806.9M	$858.9M	$992.4M	$967.1M	$893.2M	$853.5M	$838.9M	$870.8M	$995.0M	$831.6M	$756.3M	$612.1M
Prepaid Expenses
Receivables	$1.636B	$1.909B	$1.788B	$1.633B	$1.572B	$1.655B	$1.640B	$1.374B	$1.376B	$1.476B	$1.634B	$1.594B	$1.522B	$1.529B	$1.381B	$1.538B	$2.012B	$1.597B	$1.389B	$1.180B
Other Receivables	$366.0M	$366.0M	$248.0M	$144.1M	$186.1M	$178.9M	$153.5M	$115.6M	$145.5M	$196.0M	$159.4M	$228.3M	$141.1M	$157.8M	$167.5M	$121.6M	$0.00	$117.5M	$93.41M	$53.10M
Total Short-Term Assets	$4.081B	$4.509B	$4.070B	$3.979B	$3.004B	$3.389B	$3.553B	$2.851B	$2.712B	$3.065B	$3.471B	$3.474B	$3.741B	$3.273B	$3.359B	$3.601B	$3.663B	$3.118B	$3.496B	$2.256B
YoY Change	-9.49%	10.79%	2.29%	32.44%	-11.35%	-4.62%	24.62%	5.14%	-11.54%	-11.68%	-0.1%	-7.14%	14.29%	-2.54%	-6.73%	-1.71%	17.48%	-10.8%	54.97%
Property, Plant & Equipment	$5.638B	$5.076B	$4.714B	$5.199B	$4.901B	$4.258B	$4.021B	$3.548B	$3.476B	$3.826B	$4.301B	$4.263B	$3.996B	$4.142B	$4.520B	$4.357B	$4.852B	$4.553B	$4.206B	$3.311B
YoY Change	11.07%	7.68%	-9.33%	6.08%	15.09%	5.9%	13.33%	2.07%	-9.15%	-11.03%	0.89%	6.68%	-3.51%	-8.36%	3.73%	-10.21%	6.58%	8.25%	27.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$29.00M	$26.00M	$24.00M	$28.09M	$29.15M	$38.99M	$40.79M	$39.95M	$41.27M	$45.97M	$59.10M	$64.65M	$59.55M	$64.21M	$64.42M	$62.90M	$179.4M	$159.8M	$182.5M	$199.5M
YoY Change	11.54%	8.33%	-14.56%	-3.62%	-25.26%	-4.39%	2.09%	-3.19%	-10.23%	-22.22%	-8.58%	8.57%	-7.26%	-0.33%	2.42%	-64.95%	12.31%	-12.43%	-8.54%
Other Assets	$159.0M	$160.0M	$151.0M	$210.1M	$214.1M	$184.7M	$243.5M	$243.9M	$254.1M	$400.4M	$280.4M	$256.0M	$236.9M	$181.9M	$406.6M	$332.7M	$404.1M	$419.5M	$453.4M	$148.4M
YoY Change	-0.63%	5.96%	-28.12%	-1.89%	15.96%	-24.17%	-0.16%	-4.02%	-36.53%	42.8%	9.55%	8.05%	30.21%	-55.25%	22.21%	-17.68%	-3.66%	-7.48%	205.44%
Total Long-Term Assets	$8.547B	$7.973B	$7.637B	$8.588B	$8.122B	$7.498B	$7.249B	$6.468B	$6.532B	$7.199B	$7.844B	$7.684B	$7.160B	$7.349B	$8.177B	$7.769B	$8.972B	$8.430B	$7.853B	$5.581B
YoY Change	7.2%	4.4%	-11.08%	5.74%	8.31%	3.44%	12.08%	-0.99%	-9.26%	-8.23%	2.08%	7.32%	-2.58%	-10.12%	5.26%	-13.41%	6.43%	7.35%	40.7%
Total Assets	$12.63B	$12.48B	$11.71B	$12.57B	$11.13B	$10.89B	$10.80B	$9.319B	$9.244B	$10.26B	$11.31B	$11.16B	$10.90B	$10.62B	$11.54B	$11.37B	$12.64B	$11.55B	$11.35B	$7.837B
YoY Change
Accounts Payable	$1.157B	$1.410B	$1.419B	$1.194B	$1.142B	$1.221B	$1.273B	$1.069B	$1.127B	$1.129B	$1.237B	$1.228B	$1.190B	$1.088B	$986.4M	$1.131B	$2.045B	$1.197B	$1.051B	$897.0M
YoY Change	-17.94%	-0.63%	18.8%	4.56%	-6.48%	-4.03%	19.04%	-5.15%	-0.12%	-8.76%	0.71%	3.25%	9.39%	10.26%	-12.77%	-44.71%	70.84%	13.94%	17.14%
Accrued Expenses	$941.0M	$997.0M	$937.0M	$889.1M	$779.1M	$763.8M	$741.4M	$591.9M	$588.6M	$677.4M	$773.8M	$729.6M	$652.4M	$635.4M	$635.6M	$563.3M		$427.2M	$440.5M	$290.4M
YoY Change	-5.62%	6.4%	5.39%	14.12%	2.0%	3.03%	25.25%	0.56%	-13.11%	-12.46%	6.06%	11.83%	2.68%	-0.03%	12.84%			-3.02%	51.71%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$175.0M	$180.0M	$165.0M	$188.1M	$207.4M	$191.5M	$807.3M	$144.0M	$92.31M	$78.63M	$92.09M	$87.08M	$205.8M	$190.0M	$190.4M	$212.5M	$220.3M	$212.0M	$986.2M	$372.4M
YoY Change	-2.78%	9.09%	-12.27%	-9.31%	8.28%	-76.28%	460.53%	56.03%	17.4%	-14.62%	5.75%	-57.69%	8.36%	-0.24%	-10.38%	-3.55%	3.91%	-78.5%	164.81%
Total Short-Term Liabilities	$2.694B	$3.027B	$2.827B	$2.723B	$2.483B	$2.434B	$3.025B	$2.007B	$1.988B	$2.150B	$2.268B	$2.201B	$2.302B	$2.079B	$2.157B	$2.174B	$2.393B	$2.327B	$2.866B	$2.032B
YoY Change	-11.0%	7.07%	3.8%	9.68%	2.03%	-19.56%	50.75%	0.93%	-7.5%	-5.22%	3.05%	-4.38%	10.72%	-3.64%	-0.74%	-9.15%	2.82%	-18.8%	41.06%
Long-Term Debt	$3.570B	$3.600B	$3.589B	$3.813B	$3.925B	$3.867B	$3.204B	$3.414B	$3.516B	$3.742B	$4.136B	$4.206B	$4.466B	$4.642B	$5.101B	$5.245B	$5.351B	$6.720B	$5.997B	$3.761B
YoY Change	-0.83%	0.31%	-5.87%	-2.85%	1.48%	20.7%	-6.14%	-2.93%	-6.02%	-9.53%	-1.67%	-5.82%	-3.79%	-9.0%	-2.74%	-1.99%	-20.37%	12.05%	59.47%
Other Long-Term Liabilities	$619.0M	$627.0M	$724.0M	$1.177B	$1.167B	$1.073B	$1.206B	$1.074B	$1.016B	$1.225B	$1.171B	$1.184B	$1.032B	$1.037B	$1.157B	$988.2M	$1.047B	$950.3M	$957.3M	$800.2M
YoY Change	-1.28%	-13.4%	-38.51%	0.89%	8.71%	-10.96%	12.21%	5.7%	-17.05%	4.64%	-1.05%	14.71%	-0.48%	-10.38%	17.05%	-5.66%	10.23%	-0.74%	19.63%
Total Long-Term Liabilities	$4.189B	$4.227B	$4.313B	$4.990B	$5.092B	$4.941B	$4.410B	$4.488B	$4.533B	$4.967B	$5.307B	$5.390B	$5.498B	$5.679B	$6.258B	$6.233B	$6.399B	$7.670B	$6.954B	$4.561B
YoY Change	-0.9%	-1.99%	-13.57%	-1.99%	3.05%	12.04%	-1.74%	-0.99%	-8.74%	-6.4%	-1.54%	-1.96%	-3.18%	-9.25%	0.4%	-2.59%	-16.58%	10.29%	52.48%
Total Liabilities	$7.068B	$7.457B	$7.328B	$7.963B	$7.817B	$7.723B	$7.794B	$6.870B	$6.880B	$7.576B	$8.143B	$8.180B	$8.318B	$8.264B	$9.136B	$9.062B	$9.642B	$10.89B	$10.64B	$7.260B
YoY Change	-5.22%	1.76%	-7.97%	1.87%	1.21%	-0.91%	13.44%	-0.14%	-9.19%	-6.95%	-0.46%	-1.66%	0.65%	-9.55%	0.82%	-6.01%	-11.5%	2.36%	46.62%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $28.296 Billion

About Smurfit Westrock plc

Smurfit WestRock PLC is a IE-based company operating in Containers & Packaging industry. The company is headquartered in Dublin, Dublin and currently employs 47,000 full-time employees. The company went IPO on 2007-03-14. Smurfit WestRock Public Limited Company is an Ireland-based sustainable packaging company. The firm offers an unparalleled portfolio of packaging solutions ranging from corrugated and consumer packaging to Bag-in-Box packaging and point-of-sale displays. With the circular economy at the core of its business, it uses renewable, recyclable and recycled materials to create sustainable packaging solutions. Its product range includes corrugated packaging, consumer packaging, bag-in-box packaging, displays, machinery and automation, containerboard, paper solutions and recycling. Bag-in-Box is a packaging solution for liquids and semi-liquids that helps extend the shelf life of products, before and during use. The company also manufactures a range of kraft liners, test liners and flutings for the sustainable manufacture of corrugated board and packaging. The company offers paperboard and kraft paper options in a variety of weights, coatings and appearances.

Industry: Paperboard Containers & Boxes Peers: