Smurfit Westrock (SW) Capital Expenditures (2023 - 2026)
Smurfit Westrock (SW) reported Capital Expenditures of $514 million for Q3 2026, down 15.7% from $610 million a year earlier but up 10.5% from the prior quarter.
Smurfit Westrock (SW) Capital Expenditures (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Smurfit Westrock's Capital Expenditures came in at $2.19 billion, up 0.4% year-over-year; for FY2025, it was $2.19 billion, up 49.5% from FY2024.
- Capital Expenditures has a three-year compound annual growth rate of 33.1% (FY2022 to FY2025).
- By year, Capital Expenditures came in at $1.47 billion in FY2024 (+57.8%), $929 million in FY2023 (-0.1%) and $930 million in FY2022.
- Five-year quarterly Capital Expenditures spans a low of $177 million in Q2 2024 and a high of $624 million in Q1 2026.
- Year over year, Capital Expenditures gained in six of the last eight quarters, with growth averaging 57.8%.
- The high point for year-over-year Capital Expenditures in five years was Q2 2025 (growth of 194.9%); the low point was Q3 2026 (a decline of 15.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $465 million (Q2 2026), $624 million (Q1 2026) and $583 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.02 Bn | 20.06 Bn | 1.44 Bn | 514.00 Mn |
| 2 | Packaging Corp Of America | 22.34 Bn | 19.92 Bn | 603.90 Mn | 247.40 Mn |
| 3 | Amcor | 20.65 Bn | 16.06 Bn | 1.16 Bn | 301.00 Mn |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn | 606.00 Mn |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 157.00 Mn |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn | 107.00 Mn |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn | 62.91 Mn |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn | 82.76 Mn |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn | 64.00 Mn |
| 10 | Ardagh Metal Packaging | 2.82 Bn | 1.24 Bn | 238.00 Mn | 36.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 514.00 Mn |
| Jun 30, 2026 | 465.00 Mn |
| Mar 31, 2026 | 624.00 Mn |
| Dec 31, 2025 | 583.00 Mn |
| Sep 30, 2025 | 610.00 Mn |
| Jun 30, 2025 | 522.00 Mn |
| Mar 31, 2025 | 477.00 Mn |
| Dec 31, 2024 | 569.00 Mn |
| Sep 30, 2024 | 512.00 Mn |
| Jun 30, 2024 | 177.00 Mn |
| Mar 31, 2024 | 208.00 Mn |
| Dec 31, 2023 | 268.00 Mn |
Smurfit Westrock Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "SW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();