Smurfit Westrock (SW) Operating Income (2023 - 2026)
Smurfit Westrock (SW) recorded Operating Income of $309 million in Q2 2026, up 23.1% from $251 million a year earlier and up 22.1% from the prior quarter.
Smurfit Westrock (SW) Operating Income (2023 - 2026) Analysis & Trends
On a TTM basis, Smurfit Westrock's Operating Income came in at $1.48 billion as of Jun 30, 2026, up 17.2% year-over-year; for FY2025, it came in at $1.72 billion, up 70.7% from FY2024.
- Annual Operating Income has a three-year compound annual growth rate of 3.3% (FY2022 to FY2025).
- Across earlier years, Operating Income came in at $1.01 billion in FY2024 (-26.6%), $1.37 billion in FY2023 (-11.9%) and $1.56 billion in FY2022.
- Quarterly Operating Income has ranged from $55 million in Q3 2024 to $553 million in Q1 2025 over the past five years.
- On a year-over-year basis, Operating Income rose in five of the last eight quarters, with growth averaging 117.9%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 856.4% in Q3 2025, against a decline of 84.5% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $253 million (Q1 2026), $389 million (Q4 2025) and $526 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.14 Bn | 20.07 Bn | 1.40 Bn | 309.00 Mn |
| 2 | International Paper | 20.80 Bn | 16.70 Bn | 1.66 Bn | 669.00 Mn |
| 3 | Packaging Corp Of America | 20.43 Bn | 17.97 Bn | 512.50 Mn | 291.20 Mn |
| 4 | Amcor | 19.35 Bn | 14.78 Bn | 1.34 Bn | 646.00 Mn |
| 5 | Ball | 14.84 Bn | 11.86 Bn | 697.00 Mn | 385.00 Mn |
| 6 | Crown Holdings | 11.46 Bn | 8.79 Bn | 748.00 Mn | 464.00 Mn |
| 7 | Sonoco Products | 4.83 Bn | 3.83 Bn | 392.38 Mn | 192.84 Mn |
| 8 | Silgan Holdings | 3.67 Bn | 1.41 Bn | 294.88 Mn | 149.94 Mn |
| 9 | Graphic Packaging Holding | 2.68 Bn | 1.91 Bn | 292.00 Mn | 95.00 Mn |
| 10 | Ardagh Metal Packaging | 2.59 Bn | 2.60 Bn | 238.00 Mn | 115.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 309.00 Mn |
| Mar 31, 2026 | 253.00 Mn |
| Dec 31, 2025 | 389.00 Mn |
| Sep 30, 2025 | 526.00 Mn |
| Jun 30, 2025 | 251.00 Mn |
| Mar 31, 2025 | 553.00 Mn |
| Dec 31, 2024 | 401.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Jun 30, 2024 | 244.00 Mn |
| Mar 31, 2024 | 307.00 Mn |
| Dec 31, 2023 | 180.00 Mn |
| Sep 30, 2023 | 354.00 Mn |
Smurfit Westrock Operating Income 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=operating-income&ticker=SW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();