Operating Income for Smurfit Westrock (SW)
According to Smurfit Westrock's latest reported financial statements, the company's current operating income (TTM) is $1.60B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.60B
YoY change
+64.9%
5Y CAGR
+12.5%
Peak year (2025)
$1.60B
Cumulative operating income
$18.19B
Operating Income history chart for Smurfit Westrock (SW) from 2004 to 2025
Operating Income history table for Smurfit Westrock (SW) from 2004 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.60B | +64.9% | ||
| 2024 | $972.06M | -21.8% | ||
| 2023 | $1.24B | -14.6% | ||
| 2022 | $1.46B | +31.7% | ||
| 2021 | $1.10B | +24.0% | ||
| 2020 | $891.00M | +0.8% | ||
| 2019 | $884.00M | -25.6% | ||
| 2018 | $1.19B | +24.3% | ||
| 2017 | $956.16M | +11.6% | ||
| 2016 | $857.14M | +10.3% | ||
| 2015 | $777.34M | -3.3% | ||
| 2014 | $803.78M | -9.5% | ||
| 2013 | $887.90M | +6.6% | ||
| 2012 | $833.18M | +9.0% | ||
| 2011 | $764.69M | +40.6% | ||
| 2010 | $543.96M | +42.2% | ||
| 2009 | $382.54M | -2.6% | ||
| 2008 | $392.57M | -52.1% | ||
| 2007 | $819.42M | +169.7% | ||
| 2006 | $303.87M | +13.6% | ||
| 2005 | $267.39M | +1.0% | ||
| 2004 | $264.70M | — |
Operating Income values are taken from Smurfit Westrock's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Smurfit Westrock (SW) reported operating income of $1.60B – surged 64.9% year-over-year.
Smurfit Westrock operating income has recorded the values shown across consecutive periods, with a +12.5% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak operating income at $1.60B, with the historical low of $264.70M recorded in 2004.
Smurfit Westrock (SW) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $16.64B.
Smurfit Westrock Operating Income by Year
Smurfit Westrock Operating Income 2025: $1.60B
Smurfit Westrock operating income in 2025 was $1.60B, surged 64.9% from 2024. This figure represents the highest annual value in the available history.
Smurfit Westrock Operating Income 2024: $972.06M
Smurfit Westrock operating income in 2024 was $972.06M, declined 21.8% below 2023.
Smurfit Westrock Operating Income 2023: $1.24B
Smurfit Westrock operating income in 2023 was $1.24B, declined 14.6% below 2022.
Smurfit Westrock Operating Income 2022: $1.46B
Smurfit Westrock operating income in 2022 was $1.46B, surged 31.7% from 2021.
Smurfit Westrock Operating Income 2021: $1.10B
Smurfit Westrock operating income in 2021 was $1.10B.
See more financial history for Smurfit Westrock (SW).
Sector peers — Operating Income
Companies in the same sector as Smurfit Westrock, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Smurfit Westrock's operating income?
- Latest reported operating income for Smurfit Westrock (SW) is $1.60B (period ending December 31, 2025).
How has Smurfit Westrock operating income changed year-over-year?
- Smurfit Westrock (SW) operating income changed +64.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Smurfit Westrock operating income?
- Smurfit Westrock (SW) operating income compound annual growth rate is +12.5% over the most recent 5 years available.
When did Smurfit Westrock operating income hit its highest annual value?
- Smurfit Westrock operating income reached its highest annual value of $1.60B in 2025.
What was Smurfit Westrock operating income in 2024?
- Smurfit Westrock (SW) operating income in 2024 was $972.06M.
What was Smurfit Westrock operating income in 2025?
- Smurfit Westrock (SW) operating income in 2025 was $1.60B.
Metrics overview
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