Smurfit WestRock plc (SW)
NYSE: SW · Paperboard Containers & Boxes · Dublin 4 · filing with the SEC since 2024
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Report filed | Feb 27, 2026 | Mar 7, 2025 | · | · |
| Revenue | 31,179 | 21,109 | 12,093 | 13,509 |
| Cost of revenue | 25,136 | 16,914 | 9,039 | 10,237 |
| Gross profit | 6,043 | 4,195 | 3,054 | 3,272 |
| Selling, general and administrative | 3,819 | 2,737r | 1,572r | 1,543 |
| Operating income | 1,719 | 1,007 | 1,372 | 1,558 |
| Interest expense | 840 | 525 | 170 | 148 |
| Interest and investment income | 111 | 127 | 31 | 9 |
| Interest income (expense), net | -729 | -398 | -139 | -139 |
| Other income (expense), net | -61 | -25 | -46 | 15 |
| Income before income taxes | 959 | 560 | 1,138 | 1,426 |
| Income tax expense | 260 | 241 | 312 | 391 |
| Net income including non-controlling interests | 699 | 319 | 826 | 1,035 |
| Net income to non-controlling interests | 0 | 0 | 1 | 1 |
| Net income | 699 | 319 | 825 | 1,034 |
| Net income to common shareholders | 699 | 319 | 825 | 1,034 |
| Earnings per share, basic | 1.34 | 0.83 | 3.19 | 4.00 |
| Earnings per share, diluted | 1.33 | 0.82 | 3.17 | 3.96 |
| Weighted average shares, basic | 522 | 386 | 258 | 258 |
| Weighted average shares, diluted | 526 | 389 | 260 | 261 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding