Smurfit Westrock (SW) Operating Income (2023 - 2026)
Smurfit Westrock (SW) recorded Operating Income of $487 million in Q3 2026, down 7.4% from $526 million a year earlier but up 57.6% from the prior quarter.
Powered by 
Analysis
Smurfit Westrock (SW) Operating Income (2023 - 2026) Analysis & Trends
On a TTM basis, Smurfit Westrock's Operating Income came in at $1.44 billion as of Sep 30, 2026, down 16.9% 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 127.6%.
- 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 $309 million (Q2 2026), $253 million (Q1 2026) and $389 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.27 Bn | 20.32 Bn | 1.44 Bn | 487.00 Mn |
| 2 | Packaging Corp Of America | 22.65 Bn | 20.22 Bn | 603.90 Mn | 385.30 Mn |
| 3 | International Paper | 22.01 Bn | 18.09 Bn | 1.93 Bn | 922.00 Mn |
| 4 | Amcor | 20.90 Bn | 16.32 Bn | 1.16 Bn | 454.00 Mn |
| 5 | Ball | 17.38 Bn | 14.50 Bn | 709.00 Mn | -40.00 Mn |
| 6 | Crown Holdings | 13.31 Bn | 11.21 Bn | 724.00 Mn | 442.00 Mn |
| 7 | Sonoco Products | 4.93 Bn | 3.99 Bn | 405.32 Mn | -637.96 Mn |
| 8 | Silgan Holdings | 4.42 Bn | 2.23 Bn | 328.59 Mn | 191.67 Mn |
| 9 | Greif | 3.37 Bn | 3.37 Bn | 254.60 Mn | 36.40 Mn |
| 10 | Graphic Packaging Holding | 3.30 Bn | 2.31 Bn | 307.00 Mn | 101.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 487.00 Mn |
| 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 |
API Access
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_KEYimport 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();