# Smurfit Westrock plc (SW) · Edgar & Edgarette company card

> Smurfit Westrock (SW) grew revenue 47.7% in FY2025 to $31.2 billion, operating margin 5.5% against a 0.3% median for paperboard containers & boxes, equity 40.6% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2005951 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/SW) · [JSON](https://www.pops4.com/boards/company/SW.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $31.2B |
| Revenue growth, 1 year | 47.7% |
| Revenue growth per year | 32.1% |
| Operating margin | 5.5% (prior year 4.8%) |
| Net margin | 2.2% |
| Operating cash flow | $3.4B |
| Capital spending | $2.2B |
| Free cash flow | $1.2B |
| Cash | $892M |
| Long-term debt | $13.4B |
| Total assets | $45.2B |
| Total equity | $18.3B |
| Equity ÷ assets | 40.6% |
| Return on equity | 3.8% |
| Dividend per share | $1.72 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 1.66 (grey zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±30%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $31.2B (FY2025), total debt $13.4B. Experience: revenue up 47.7% on the year, up 32.1% a year over 3 years; operating margin 5.5%, up from 4.8%. Soundness: equity 40.6% of assets, return on equity 3.8%, payout 128.8% of profit, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $30.7B and $56.8B next year (method v4.1: its own 3-year record of growth weighed at 40% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $23.5B to $72.6B. A statistical range, not company guidance. Against peers (13 filers, $50M+ revenue, its industry group): operating margin 5.5% against a 0.3% median; growth 47.7% against 0.9%.

Range logged 2026-09-26, receipt c379397ef0b935f5, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-02-27 ([filing](https://www.sec.gov/Archives/edgar/data/2005951/000110465926020975/0001104659-26-020975-index.htm))

## Recent filings

- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/2005951/000162828026069766/0001628280-26-069766-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2005951/000110465926119345/0001104659-26-119345-index.htm)
- 10-Q · filed 2026-07-31 · [filing](https://www.sec.gov/Archives/edgar/data/2005951/000162828026051195/0001628280-26-051195-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2005951/000110465926087794/0001104659-26-087794-index.htm)
- 8-K · filed 2026-05-01 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/2005951/000110465926053535/0001104659-26-053535-index.htm)
- 10-Q · filed 2026-05-01 · [filing](https://www.sec.gov/Archives/edgar/data/2005951/000162828026029089/0001628280-26-029089-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002005951.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2005951

## Cite

POPS4, Edgar & Edgarette: Smurfit Westrock plc (SW) company card, from the company's own SEC filings, accessed 2026-11-06, https://www.pops4.com/boards/company/SW. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.