SWSmurfit Westrock

$49.56

Is it safe?

Can SW take a bad year?

Smurfit Westrock carries $13.6B of net debt at 3.32× EBITDA: a load its earnings can carry.

$13.6B

Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.32×

Net debt / EBITDA · 4.23× a year ago · the load is coming down

Altman Z-score
1.53

Altman Z-score · distress zone, below 1.8

Interest cover
1.68×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ1 2026
$14.3B
Cash and short-term investments
$674M
Net debt
$13.6B
EBITDA, trailing twelve months
$4.09B
Operating profit, trailing twelve months
$1.42B
Debt / equity
0.79×
Total debt / EBITDA
3.48×
Annualised volatilitytwo years of daily moves
42%
Worst drawdown on file
−55%
Below its 52-week high
−3.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.