Smurfit Westrock (SW) FY2024 10-K Annual Report

Filed: Mar 7, 2025
Materials
Paperboard Containers & BoxesSEC EDGAR

Smurfit Westrock (SW) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Mar 7, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Smurfit Westrock FY2024 10-K Analysis

Business Overview

  • Core business model: Integrated manufacturer and distributor of containerboard, corrugated and consumer packaging products across North America, Europe, MEA, and APAC
  • New automation and machinery solutions introduced, including pouches to replace single-use plastics like bubble mailers
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Management Discussion & Analysis

  • Revenue $12.5B, up 5.2% YoY from $11.9B in fiscal 2024
  • Operating margin 14.3% vs 13.7% in prior year, driven by cost efficiencies
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Risk Factors

  • Interest rate risk impact $17M expense increase from 1% variable rate debt hike on next 12 months
  • Exchange rate risk $101M shareholders’ equity loss from 1% U.S. dollar strengthening vs all other currencies
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Smurfit Westrock FY2024 Key Financial Metrics
XBRL

Revenue

$21.1B

+74.6% YoY

Net Income

$319M

-61.3% YoY

Gross Margin

19.9%

-538bp YoY

Operating Margin

4.8%

-657bp YoY

Net Margin

1.5%

-531bp YoY

ROE

1.8%

-1156bp YoY

Total Assets

$43.8B

+211.4% YoY

EPS (Diluted)

$0.82

-74.1% YoY

Operating Cash Flow

$1.5B

-4.9% YoY

Source: XBRL data from Smurfit Westrock FY2024 10-K filing on SEC EDGAR. All figures in USD.

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