Smurfit WestRock plc (SW)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Net income | US$ in thousands | 837,893 | 1,012,340 | 768,778 | 670,324 |
| Revenue | US$ in thousands | 11,272,000 | 12,815,000 | 10,107,000 | 8,530,000 |
| Net profit margin | 7.43% | 7.90% | 7.61% | 7.86% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $837,893K ÷ $11,272,000K
= 7.43%
Smurfit WestRock plc's net profit margin has shown some fluctuations over the past four years. In 2023, the net profit margin decreased to 7.43% from 7.90% in 2022, indicating a slight decline in profitability. This is following a similar trend from 2021, when the net profit margin was 7.61%. However, it's worth noting that the net profit margin was at its highest in 2022 at 7.90% compared to the other years in consideration, suggesting a certain level of efficiency in generating profits. Overall, while there have been some variations in the net profit margin, Smurfit WestRock plc has maintained a relatively stable profitability level over the past four years.
Peer comparison
Dec 31, 2023