Crown vs Smurfit Westrock
Smurfit Westrock reported revenue of $31.2 billion in fiscal 2025, 2.5 times Crown's $12.4 billion in fiscal 2025. Crown's revenue grew 4.8% in its latest year, and Smurfit Westrock's grew 47.7%. Crown had an operating margin of 12.6%, against 5.5% at Smurfit Westrock. Free cash flow was $1.1 billion at Crown and $1.2 billion at Smurfit Westrock.
Side by side
| Crown | Smurfit Westrock | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $12.4B | $31.2B |
| Revenue growth | 4.8% | 47.7% |
| Revenue growth a year, last 5 years | 5.7% | — |
| Gross margin | — | 19.4% |
| Operating margin | 12.6% | 5.5% |
| Net margin | 6.0% | 2.2% |
| Free cash flow | $1.1B | $1.2B |
| Free cash flow margin | 9.0% | 3.9% |
| Return on capital | 13.7% | 4.1% |
| Net debt to EBITDA | 2.6x | 3.0x |
| Dividends and buybacks | $625M | $900M |
| Change in diluted share count | −3.1% | 35.2% |
| Last close | $116.71 | $42.24 |
| P/E at the last close | 16.8× | 44.5× |
| Insider trades, last 12 months | sold $16.5 million | sold $3.4 million |
| Piotroski F-score | 7 of 8 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CrownSmurfit Westrock
Operating margin
Percent of revenue
CrownSmurfit Westrock
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CrownSmurfit Westrock
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Crown and Smurfit Westrock pages.