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Side-by-side financial comparison of Smurfit Westrock (SW) and Stryker Corporation (SYK). Click either name above to swap in a different company.
Smurfit Westrock is the larger business by last-quarter revenue ($7.7B vs $6.0B, roughly 1.3× Stryker Corporation). Stryker Corporation runs the higher net margin — 12.4% vs 0.8%, a 11.6% gap on every dollar of revenue. On growth, Stryker Corporation posted the faster year-over-year revenue change (2.6% vs 0.7%). Over the past eight quarters, Smurfit Westrock's revenue compounded faster (61.2% CAGR vs 5.4%).
Smurfit Westrock plc is an Irish company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
The Stryker is a family of eight-wheeled armored fighting vehicles derived from the Canadian LAV III, which in turn derived from the Swiss Mowag Piranha. Stryker vehicles are produced by General Dynamics Land Systems-Canada (GDLS-C) for the United States Army in a plant in London, Ontario. It has four-wheel drive (8×4) and can be switched to all-wheel drive (8×8).
SW vs SYK — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.7B | $6.0B |
| Net Profit | $63.0M | $745.0M |
| Gross Margin | 16.4% | 63.3% |
| Operating Margin | 3.3% | 15.5% |
| Net Margin | 0.8% | 12.4% |
| Revenue YoY | 0.7% | 2.6% |
| Net Profit YoY | 0.0% | 13.9% |
| EPS (diluted) | $0.12 | $1.93 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.7B | $6.0B | ||
| Q4 25 | $7.6B | $7.2B | ||
| Q3 25 | $8.0B | $6.1B | ||
| Q2 25 | $7.9B | $6.0B | ||
| Q1 25 | $7.7B | $5.9B | ||
| Q4 24 | $7.5B | $6.4B | ||
| Q3 24 | $7.7B | $5.5B | ||
| Q2 24 | $3.0B | $5.4B |
| Q1 26 | $63.0M | $745.0M | ||
| Q4 25 | $97.0M | $849.0M | ||
| Q3 25 | $246.0M | $859.0M | ||
| Q2 25 | $-28.0M | $884.0M | ||
| Q1 25 | $384.0M | $654.0M | ||
| Q4 24 | $146.0M | $546.0M | ||
| Q3 24 | $-150.0M | $834.0M | ||
| Q2 24 | $132.0M | $825.0M |
| Q1 26 | 16.4% | 63.3% | ||
| Q4 25 | 18.2% | 64.5% | ||
| Q3 25 | 19.6% | 63.6% | ||
| Q2 25 | 19.1% | 63.8% | ||
| Q1 25 | 20.6% | 63.8% | ||
| Q4 24 | 19.1% | 64.9% | ||
| Q3 24 | 17.6% | 64.0% | ||
| Q2 24 | 23.3% | 63.0% |
| Q1 26 | 3.3% | 15.5% | ||
| Q4 25 | 5.1% | 25.2% | ||
| Q3 25 | 6.6% | 18.7% | ||
| Q2 25 | 3.2% | 18.5% | ||
| Q1 25 | 7.2% | 14.3% | ||
| Q4 24 | 5.3% | 9.0% | ||
| Q3 24 | 0.7% | 19.7% | ||
| Q2 24 | 8.2% | 19.4% |
| Q1 26 | 0.8% | 12.4% | ||
| Q4 25 | 1.3% | 11.8% | ||
| Q3 25 | 3.1% | 14.2% | ||
| Q2 25 | -0.4% | 14.7% | ||
| Q1 25 | 5.0% | 11.1% | ||
| Q4 24 | 1.9% | 8.5% | ||
| Q3 24 | -2.0% | 15.2% | ||
| Q2 24 | 4.4% | 15.2% |
| Q1 26 | $0.12 | $1.93 | ||
| Q4 25 | $0.18 | $2.20 | ||
| Q3 25 | $0.47 | $2.22 | ||
| Q2 25 | $-0.05 | $2.29 | ||
| Q1 25 | $0.73 | $1.69 | ||
| Q4 24 | $-0.12 | $1.41 | ||
| Q3 24 | $-0.30 | $2.16 | ||
| Q2 24 | $0.51 | $2.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.9M |
| Total DebtLower is stronger | $980.0M | — |
| Stockholders' EquityBook value | $18.1B | $23.0M |
| Total Assets | $45.2B | $46.3M |
| Debt / EquityLower = less leverage | 0.05× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9M | ||
| Q4 25 | $892.0M | $4.0B | ||
| Q3 25 | $851.0M | $3.3B | ||
| Q2 25 | $778.0M | $2.4B | ||
| Q1 25 | $797.0M | $2.3B | ||
| Q4 24 | $855.0M | $3.7B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | $26.8K | $1.9B |
| Q1 26 | $980.0M | — | ||
| Q4 25 | $13.4B | — | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $13.3B | — | ||
| Q1 25 | $12.9B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | — | — |
| Q1 26 | $18.1B | $23.0M | ||
| Q4 25 | $18.3B | $22.4B | ||
| Q3 25 | $18.4B | $21.8B | ||
| Q2 25 | $18.3B | $21.2B | ||
| Q1 25 | $17.9B | $20.9B | ||
| Q4 24 | $17.4B | $20.6B | ||
| Q3 24 | $18.0B | $20.1B | ||
| Q2 24 | $14.5K | $19.8B |
| Q1 26 | $45.2B | $46.3M | ||
| Q4 25 | $45.2B | $47.8B | ||
| Q3 25 | $45.6B | $47.1B | ||
| Q2 25 | $45.7B | $46.3B | ||
| Q1 25 | $44.6B | $46.0B | ||
| Q4 24 | $43.8B | $43.0B | ||
| Q3 24 | $45.0B | $43.8B | ||
| Q2 24 | $26.8K | $39.1B |
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.73× | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $204.0M | $581.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.24× | 0.78× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $204.0M | $581.0M | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $829.0M | $1.1B | ||
| Q1 25 | $235.0M | $250.0M | ||
| Q4 24 | $781.0M | $1.9B | ||
| Q3 24 | $320.0M | $1.5B | ||
| Q2 24 | $340.0M | $633.0M |
| Q1 26 | — | — | ||
| Q4 25 | $612.0M | $1.9B | ||
| Q3 25 | $523.0M | $1.4B | ||
| Q2 25 | $307.0M | $928.0M | ||
| Q1 25 | $-242.0M | $127.0M | ||
| Q4 24 | $212.0M | $1.7B | ||
| Q3 24 | $-192.0M | $1.3B | ||
| Q2 24 | $163.0M | $481.0M |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 26.1% | ||
| Q3 25 | 6.5% | 22.3% | ||
| Q2 25 | 3.9% | 15.4% | ||
| Q1 25 | -3.2% | 2.2% | ||
| Q4 24 | 2.8% | 25.9% | ||
| Q3 24 | -2.5% | 23.7% | ||
| Q2 24 | 5.5% | 8.9% |
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | 3.7% | ||
| Q3 25 | 7.6% | 3.1% | ||
| Q2 25 | 6.6% | 3.0% | ||
| Q1 25 | 6.2% | 2.1% | ||
| Q4 24 | 7.5% | 4.1% | ||
| Q3 24 | 6.7% | 3.1% | ||
| Q2 24 | 6.0% | 2.8% |
| Q1 26 | 3.24× | 0.78× | ||
| Q4 25 | 12.32× | 2.52× | ||
| Q3 25 | 4.61× | 1.79× | ||
| Q2 25 | — | 1.26× | ||
| Q1 25 | 0.61× | 0.38× | ||
| Q4 24 | 5.35× | 3.54× | ||
| Q3 24 | — | 1.77× | ||
| Q2 24 | 2.58× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
