Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Smurfit Westrock Plc

SW · NYSE · Materials

Fundamental quality

DEMANDING

40

out of 100

Smurfit Westrock Plc earns a fundamental-quality score of 40 out of 100, profiling it as a company with demanding fundamentals. Its score rests mainly on its financial strength (net debt 3.2× EBITDA). Its weakest area is its profitability (net margin 1.6%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Smurfit Westrock is the world's largest cardboard-packaging maker, born from the merger of Ireland's Smurfit Kappa and America's WestRock: the corrugated boxes of e-commerce and the supermarket, produced on both sides of the Atlantic.

What will shape its future

  • Box demand, the most honest thermometer of consumption and e-commerce.
  • Merger synergies: squeezing the American mills to the European efficiency standard.
  • Containerboard and energy prices, paper's classic cycle.

Breakdown by area

I.Growth
42

EPS growth: -18.9% · Revenue growth: 27.2%

II.Profitability
30

Net margin: 1.6% · ROE: 2.8% · ROIC: 3.2%

III.Financial health
49

Net debt/EBITDA: 3.2x · FCF: 3.2%

Source: SEC EDGAR · TTM through 30/06/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 27 Materials companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 30%
ROEbeats 30%
Growthbeats 100%
Cash generationbeats 32%
Less debtbeats 22%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Smurfit Westrock Plc strengths

  • Revenue growing strongly (27.2% annualized).
  • Positive free cash flow year after year, a self-funding business.

Smurfit Westrock Plc risks and weaknesses

  • Shrinking margins: net margin has fallen from 8% to 2% in recent years.
  • Declining earnings per share (-18.9% annualized).
  • Its net debt has grown over the period.
  • Thin margins (net margin of 1.6%), little cushion for setbacks.

Smurfit Westrock Plc historical evolution

YearRevenueNet incomeFree cash flowNet debt
202213,5091,034503-841
202312,0938256302,747
202421,1093191713,254
202531,1796991,20012,881

Between 2022 and 2025, revenue went from $13,509M to $31,179M (+131%) and net income went from $1,034M to $699M (-32%). Meanwhile, its margins have narrowed (from 8% to 2%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+0.9%
  • Net income-56.7%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score3640
  • Revenue growth29.5%27.2%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$1.72

per share, yearly

128.8% of earnings

Payout

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Smurfit Westrock Plc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Smurfit Westrock Plc a good company to invest in?

In terms of business quality, Smurfit Westrock Plc scores 40 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Smurfit Westrock Plc a profitable company?

Smurfit Westrock Plc is profitable, with a net margin of 1.6%, though a thin one.

Does Smurfit Westrock Plc have a lot of debt?

Yes, its leverage is high: net debt is 3.2 times its EBITDA, and it has been rising.

Is Smurfit Westrock Plc growing?

Its revenue has grown 27.2% annualized in recent years.

Does Smurfit Westrock Plc generate cash?

Yes. It converts about 3.2% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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