$SW
Smurfit Westrock plc

2024 Q2 Form 10-Q Financial Statement

#000141057824000999 Filed on June 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q4
Revenue $2.969B $2.930B $5.435B
YoY Change -49.13% -15.47%
Cost Of Revenue $2.276B $2.220B $3.604B
YoY Change -41.36% -17.51%
Gross Profit $693.0M $710.0M $1.831B
YoY Change -64.57% -11.16%
Gross Profit Margin 23.34% 24.23% 33.69%
Selling, General & Admin $389.0M $380.0M $1.207B
YoY Change -66.95% -1.87%
% of Gross Profit 56.13% 53.52% 65.92%
Research & Development $10.81M
YoY Change 28.56%
% of Gross Profit 0.59%
Depreciation & Amortization $308.0M $327.0M
YoY Change 0.0% -48.1%
% of Gross Profit 44.44% 17.86%
Operating Expenses $389.0M $380.0M $1.207B
YoY Change -66.95% -1.87%
Operating Profit $304.0M $330.0M $624.0M
YoY Change -60.98% -24.91%
Interest Expense -$33.00M -$25.00M -$52.00M
YoY Change -57.69% -36.59%
% of Operating Profit -10.86% -7.58% -8.33%
Other Income/Expense, Net -$24.00M -$15.00M -$35.00M
YoY Change 200.0% -683.33%
Pretax Income -$12.30K $267.0M $396.0M
YoY Change -100.0% -24.43%
Income Tax $55.00M $76.00M $113.0M
% Of Pretax Income 28.46% 28.54%
Net Earnings -$12.30K $191.0M $282.0M
YoY Change -23.78%
Net Earnings / Revenue 0.0% 6.52% 5.19%
Basic Earnings Per Share -$2.56
Diluted Earnings Per Share -$2.56 $0.37 $1.08
COMMON SHARES
Basic Shares Outstanding 100.0
Diluted Shares Outstanding 4.803K

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.76K $110.00 $905.0M
YoY Change -100.0% 16.47%
Cash & Equivalents $26.76K $108.00 $111.00
Short-Term Investments
Other Short-Term Assets $30.00M
YoY Change -70.59%
Inventory $1.023B
Prepaid Expenses
Receivables $2.084B
Other Receivables $39.00M
Total Short-Term Assets $26.76K $110.00 $4.081B
YoY Change -100.0% -9.49%
LONG-TERM ASSETS
Property, Plant & Equipment $5.638B
YoY Change 11.07%
Goodwill $2.842B
YoY Change
Intangibles $218.0M
YoY Change
Long-Term Investments $29.00M
YoY Change 11.54%
Other Assets $159.0M
YoY Change -0.63%
Total Long-Term Assets $2.00 -$2.00 -$4.081B
YoY Change -100.0% -151.19%
TOTAL ASSETS
Total Short-Term Assets $26.76K $110.00 $4.081B
Total Long-Term Assets $2.00 -$2.00 -$4.081B
Total Assets $26.76K $108.00 $111.00
YoY Change -100.0% -100.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.30K $2.378B
YoY Change -100.0% -9.99%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $175.0M
YoY Change -2.78%
Total Short-Term Liabilities $12.30K $2.694B
YoY Change -100.0% -11.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $3.570B
YoY Change -100.0% -0.83%
Other Long-Term Liabilities $619.0M
YoY Change -1.28%
Total Long-Term Liabilities $0.00 $0.00 $4.189B
YoY Change -100.0% -0.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.30K $2.694B
Total Long-Term Liabilities $0.00 $0.00 $4.189B
Total Liabilities $12.30K $7.068B
YoY Change -100.0% -5.22%
SHAREHOLDERS EQUITY
Retained Earnings -$12.30K $3.521B
YoY Change
Common Stock $114.00 $114.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.46K $108.00 $111.00
YoY Change
Total Liabilities & Shareholders Equity $26.76K $110.00 $111.00
YoY Change -100.0% -100.0%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income -$12.30K $191.0M $282.0M
YoY Change -23.78%
Depreciation, Depletion And Amortization $308.0M $327.0M
YoY Change 0.0% -48.1%
Cash From Operating Activities $0.00 $0.00 $951.0M
YoY Change -100.0% -34.5%
INVESTING ACTIVITIES
Capital Expenditures $385.0M $434.0M
YoY Change -9.41% -51.24%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $17.00M
YoY Change -100.0% -122.08%
Cash From Investing Activities $0.00 $0.00 -$417.0M
YoY Change -100.0% -56.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 26.85K 0.000 -218.0M
YoY Change -100.01% -56.05%
NET CHANGE
Cash From Operating Activities 0.000 0.000 951.0M
Cash From Investing Activities 0.000 0.000 -417.0M
Cash From Financing Activities 26.85K 0.000 -218.0M
Net Change In Cash 26.85K 0.000 316.0M
YoY Change -100.01% -2972.73%
FREE CASH FLOW
Cash From Operating Activities $0.00 $0.00 $951.0M
Capital Expenditures $385.0M $434.0M
Free Cash Flow -$385.0M $517.0M
YoY Change -373.05% -8.01%

Facts In Submission

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