Amcor vs Smurfit Westrock
Smurfit Westrock is the larger business, with $31.18bn of revenue in fiscal 2025 against $23.51bn for Amcor (1.3 times as much). Amcor grew faster (56.6% against 47.7%). Amcor kept more of each dollar of sales as profit: a net margin of 4.7% against 2.2%. Smurfit Westrock carries less debt relative to equity (75.2% against 118.8%).
| Latest fiscal year | AmcorAMCR, 2026 | Smurfit WestrockSW, 2025 |
|---|---|---|
| Revenue | $23.51bn | $31.18bn |
| Revenue growth | 56.6% | 47.7% |
| Net income | $1.11bn | $699m |
| Operating margin | 8.1% | 5.5% |
| Net margin | 4.7% | 2.2% |
| Return on equity | 9.4% | 3.9% |
| Free cash flow | $1.23bn | $1.20bn |
| Cash | $1.11bn | $892m |
| Total debt | $14.01bn | $13.77bn |
| Debt to equity | 118.8% | 75.2% |
| Dividend per share | $2.59 | $1.72 |
| Dividend yield | 5.3% | 4.1% |
| Share buybacks | $1.0m | $0 |
| Employees | 38,000 | 97,000 |
| Market value | $21.88bn | $22.53bn |
| Price vs our value range | Below our value range | — |
| Moat score | 52 (Moderate) | — |
| Insider trades, 12 months | 6 buys, 3 sales | 0 buys, 4 sales |