TTM
3.4%
YoY change
+3.76pp
Trough year (2006)
-0.7%
Peak year (2020)
10.6%
Latest annual
3.8%
FCF Margin history chart for Smurfit Westrock (SW) from 2004 to 2025
Latest: 3.8%
FCF Margin change chart for Smurfit Westrock (SW) from 2004 to 2025
Latest: +3.76pp
FCF Margin history table for Smurfit Westrock (SW) from 2004 to 2025
| 2025 | 3.8% | +3.76pp | ||
| 2024 | 0.1% | -5.67pp | ||
| 2023 | 5.8% | +1.76pp | ||
| 2022 | 4.0% | -0.48pp | ||
| 2021 | 4.5% | -6.10pp | ||
| 2020 | 10.6% | +4.00pp | ||
| 2019 | 6.6% | +1.21pp | ||
| 2018 | 5.4% | +2.04pp | ||
| 2017 | 3.3% | -0.27pp | ||
| 2016 | 3.6% | -0.59pp | ||
| 2015 | 4.2% | +0.61pp | ||
| 2014 | 3.6% | +0.06pp | ||
| 2013 | 3.5% | +0.22pp | ||
| 2012 | 3.3% | -1.47pp | ||
| 2011 | 4.8% | +3.95pp | ||
| 2010 | 0.8% | -1.69pp | ||
| 2009 | 2.5% | -0.45pp | ||
| 2008 | 3.0% | +2.77pp | ||
| 2007 | 0.2% | +0.91pp | ||
| 2006 | -0.7% | -0.96pp | ||
| 2005 | 0.3% | -3.64pp | ||
| 2004 | 3.9% | — |
- 20253.8%+3.76pp
- 20240.1%-5.67pp
- 20235.8%+1.76pp
- 20224.0%-0.48pp
- 20214.5%-6.10pp
- 202010.6%+4.00pp
- 20196.6%+1.21pp
- 20185.4%+2.04pp
- 20173.3%-0.27pp
- 20163.6%-0.59pp
- 20154.2%+0.61pp
- 20143.6%+0.06pp
- 20133.5%+0.22pp
- 20123.3%-1.47pp
- 20114.8%+3.95pp
- 20100.8%-1.69pp
- 20092.5%-0.45pp
- 20083.0%+2.77pp
- 20070.2%+0.91pp
- 2006-0.7%-0.96pp
- 20050.3%-3.64pp
- 20043.9%—
FCF Margin values are taken from Smurfit Westrock's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Smurfit Westrock (SW)
According to Smurfit Westrock's latest reported financial statements, the company's latest reported free cash flow margin is 3.4%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Smurfit Westrock (SW) most recent annual free cash flow margin stands at 3.85% (2025) – expanded 3.8 percentage points year-over-year.
The record annual free cash flow margin stands at 10.57%, reached in 2020; the historical low of -0.70% was recorded in 2006.
Smurfit Westrock FCF Margin by Year
Smurfit Westrock FCF Margin 2025: 3.8%
In 2025, Smurfit Westrock reported free cash flow margin of 3.85%, expanded 3.8 percentage points from 2024.
Smurfit Westrock FCF Margin 2024: 0.1%
Smurfit Westrock free cash flow margin in 2024 was 0.08%, contracted 5.7 percentage points from 2023.
Smurfit Westrock FCF Margin 2023: 5.8%
2023's free cash flow margin for Smurfit Westrock came in at 5.75%, expanded 1.8 percentage points from 2022.
Smurfit Westrock FCF Margin 2022: 4.0%
Smurfit Westrock posted free cash flow margin of 3.99% in 2022, contracted 0.5 percentage points from 2021.
Smurfit Westrock FCF Margin 2021: 4.5%
Smurfit Westrock free cash flow margin in 2021 was 4.46%.
See more financial history for Smurfit Westrock (SW).
Sector peers by FCF Margin
Consumer Cyclical peers of Smurfit Westrock (SW), ranked by their latest free cash flow margin
| 32.6% | |
| 25.6% | |
| 24.0% | |
| 8.9% | |
| 8.6% | |
| 7.2% | |
| -0.3% | |
| -4.9% |
- 25.6%
- 24.0%
- 8.6%
- 7.2%
- -0.3%
- -4.9%
Frequently asked questions
Smurfit Westrock (SW) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation