Smurfit Westrock (SW) stock
Materials · Paper & Plastic Packaging Products & Materials
Smurfit Westrock (SW) is a Paper & Plastic Packaging Products & Materials company in the Materials sector, headquartered in Dublin, Ireland. As of October 23, 2026, SW closed at $41.85, a market capitalization of $21.95 billion, the 387th largest company in the S&P 500. Over the last twelve months it generated $31.33 billion in revenue (+1% year over year) and $1.01 billion in free cash flow. The stock trades at 44.1x trailing earnings and 11.8x forward earnings.
- 1-year total return: +0.2% (dividends reinvested)
- 5-year return: +0.5% a year
- 52-week range: $32.73 – $52.65
- Gross margin 18.2%, operating margin 5.5%
- Dividend yield: 4.32%, 1 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 16th largest of 24 Materials stocks in the S&P 500
SW price chart
1Y price change: -2.7% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| SW | -10.0% | +11.4% | +0.2% | +13.5% | +0.5% | +10.4% | +11.9% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2008.
SW key statistics
- Market cap
- $22.0B
- #387 in S&P 500
- P/E (TTM)
- 44.1x
- Forward P/E
- 11.8x
- EPS (TTM)
- $0.95
- Revenue (TTM)
- $31.3B
- +1%
- Free cash flow
- $1.0B
- Gross margin
- 18.2%
- Operating margin
- 5.5%
- Return on equity
- 2.7%
- Dividend yield
- 4.32%
- 52-week range
- $32.73 – $52.65
- Beta
- 0.91
- Price / sales
- 0.7x
- EV / EBITDA
- 7.7x
- Debt / equity
- 0.78x
- Employees
- 96,000
SW report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth1.1%D
- Gross margin18.2%D
- Operating margin5.5%D
- FCF margin3.2%D
- Return on equity2.7%F
- Net debt / EBITDA2.9xD
- Forward P/E11.8xA
- PEG ratio0.3xA
- Shareholder yield4.3%B
- Share count change / yr26.3%F
Smurfit WestRock financials
Revenue went from $13.5B in fiscal 2022 to $31.2B in fiscal 2025, growing 32.2% a year.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $13.5B | $12.1B | $21.1B | $31.2B |
| Gross profit | $3.3B | $3.1B | $4.2B | $6.0B |
| Operating income | $1.6B | $1.4B | $1.0B | $1.7B |
| Net income | $1.0B | $825.0M | $319.0M | $699.0M |
| EPS (diluted) | $3.96 | $3.17 | $0.82 | $1.33 |
| Free cash flow | $503.0M | $630.0M | $17.0M | $1.2B |
| Buybacks | $32.0M | $30.0M | $27.0M | $0 |
| Dividends paid | $349.0M | $391.0M | $650.0M | $900.0M |
| Diluted shares | 261.0M | 260.0M | 389.0M | 526.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into SW?
A reverse DCF asks what growth the current price requires. With an enterprise value of $35.4B and $1.0B of trailing free cash flow, Smurfit WestRock needs to grow free cash flow about 24.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 33.6% a year over the last five years.
P/E ratio history
Current 31.5x vs. median 16.9x (10th–90th percentile 9.0x–52.8x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
SW dividend
- Dividend yield
- 4.32%
- Annual dividend
- $1.81
- Years of increases
- 1
- 5-yr dividend growth
- -9.8%
- per year
- Payout ratio
- 186%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
SW analyst price targets
15 analysts' average 12-month target is $56.57 (+35% vs. $41.85). Targets range from $46.00 to $69.00. 100% rate it a buy.
SW earnings
Next report: October 28, 2026. Last quarter's revenue was $8.0B (+1% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 29, 2026 | $0.42 | $0.35 | -16.9% |
| Apr 30, 2026 | $0.40 | $0.33 | -17.4% |
| Feb 11, 2026 | $0.50 | $0.28 | -43.0% |
| Oct 29, 2025 | $0.72 | $0.58 | -19.8% |
| Jul 30, 2025 | $0.59 | $0.51 | -13.9% |
| May 1, 2025 | $0.67 | $0.83 | +24.2% |
| Feb 12, 2025 | $0.59 | $0.42 | -28.3% |
| Oct 30, 2024 | $0.74 | $0.73 | -1.8% |
Stocks like SW
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 PKG Packaging Corporation of Americ | -0.65% | +19% | $22.0B | 30.5x | Compare |
 AMCR Amcor | -0.37% | +19% | $21.3B | 19.4x | Compare |
 IP International Paper | -1.45% | -29% | $17.6B | — | Compare |
 AVY Avery Dennison | -1.53% | -0% | $13.8B | 19.9x | Compare |
 LIN Linde | -0.30% | +15% | $234.6B | 32.8x | Compare |
 NEM Newmont | -4.59% | +24% | $113.1B | 12.6x | Compare |
 FCX Freeport-McMoRan | +0.91% | +60% | $93.6B | 32.1x | Compare |
 SHW Sherwin-Williams | -2.48% | +3% | $81.8B | 31.1x | Compare |
SW news
- Smurfit Westrock to Announce 2026 Third Quarter Results on October 28, 2026 · Oct 21, 2026
- Smurfit Westrock on Sustainable Packaging and Circular Innovation · Oct 9, 2026
- Smurfit Westrock Exec Garrett Quinn on its Commitment to Sustainable Packaging · Oct 6, 2026
- Smurfit Westrock (SW) Stock Looks Above Fair Value On Its $420 Million Chile Deal · Sep 29, 2026
- How Is Smurfit Westrock’s Stock Performance Compared to Other Consumer Discretionary Stocks · Sep 28, 2026
SW stock FAQ
What is SW's market cap?
Smurfit Westrock's market capitalization is $21.95 billion as of October 23, 2026, ranking 387th in the S&P 500.
What is SW's P/E ratio?
SW trades at a trailing price-to-earnings ratio of 44.1x and a forward P/E of 11.8x. Its median P/E over the period we track is 16.9x.
Does SW pay a dividend?
Yes. Smurfit Westrock pays $1.81 per share a year, a 4.32% yield. It has raised its dividend 1 years in a row. Dividends fell 9.8% a year over the last five years.
How much has SW stock returned?
Including reinvested dividends, SW returned +0.2% over one year, +0.5% a year over five years, +10.4% a year over ten years through October 23, 2026.
Is SW stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Smurfit Westrock must grow free cash flow about 25% a year for the next decade. Its free cash flow grew 34% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the SW price target?
15 analysts cover SW with an average 12-month price target of $56.57, +35% from the current price. 100% of them rate it a buy.
When does SW report earnings?
Smurfit Westrock is expected to report earnings on October 28, 2026.
How many employees does Smurfit Westrock have?
Smurfit Westrock has about 96,000 full-time employees, or $326,312 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology