Flagship explainer
How Smurfit Westrock plc makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $31.2B | 100% |
| |
| Cost of revenue | $25.1B | 81% |
|
| $6.0B | 19% |
| |
| $1.7B | 6% |
| |
| Income before tax | $959M | 3% |
|
| Income tax | $260M | 1% |
|
| $699M | 2% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001628280-26-012555