Private company

WestRock Co

In its 2023 annual report the company says: “WestRock is a multinational provider of sustainable fiber-based paper and packaging solutions. We partner with our customers to provide differentiated, sustainable paper and packaging solutions that help them win in the marketplace.”5 It is headquartered in Atlanta, Georgia.1

Last updated Oct 20, 2026.

Overview

$20.3BRevenue, fiscal 20232
-$1.6BNet income, fiscal 20232
  • IndustryPaperboard Containers & Boxes1
  • HeadquartersAtlanta, Georgia1
  • Incorporated inDE3
  • Business address1000 Abernathy Road Ne, Atlanta, Ga 303283
  • Filer categoryLarge accelerated filer3

WestRock is a multinational provider of sustainable fiber-based paper and packaging solutions. We partner with our customers to provide differentiated, sustainable paper and packaging solutions that help them win in the marketplace. Our team members support customers around the world from our operating and business locations in North America, South America, Europe, Asia and Australia.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

17.6%Gross margin2
-7.4%Operating margin2
-8.1%Net margin2
-4.5%Revenue growth, 20232
-16.4%Return on equity2
0.80×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue82¢$16.7B
  • Other costs15¢$3.0B
  • Interest3¢$535.1M
  • Income tax0¢$60.4M

Out of $20.3B in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Dividends paid15¢$281.3M
  • Kept or used elsewhere85¢$1.5B

Out of $1.8B of cash from operations.2

Financial statements

Revenue6789102$20.3B in 2023+43% since 2016
0$10.0B$20.0B$30.0B2016: $14.2B$14.2B20162017: $14.9B$14.9B2017+5%2018: $16.3B$16.3B2018+10%2019: $18.3B$18.3B2019+12%2020: $17.6B$17.6B2020−4%2021: $18.7B$18.7B2021+7%2022: $21.3B$21.3B2022+13%2023: $20.3B$20.3B2023−4%
Gross profit89102$3.6B in 2023+7% since 2018
0$2.0B$4.0B$6.0B2018: $3.4B$3.4B20182019: $3.7B$3.7B2019+12%2020: $3.2B$3.2B2020−15%2021: $3.4B$3.4B2021+7%2022: $4.0B$4.0B2022+17%2023: $3.6B$3.6B2023−11%
Operating income6789102-$1.5B in 2023
-$2.0B-$1.0B0$1.0B$2.0B2016: $430.3M$430.3M20162017: $783.2M$783.2M2017+82%2018: $1.2B$1.2B2018+52%2019: $1.5B$1.5B2019+26%2020: -$256.2M-$256.2M20202021: $1.3B$1.3B20212022: $1.3B$1.3B2022+4%2023: -$1.5B-$1.5B2023
Net income6789102-$1.6B in 2023+316% since 2016
-$2.0B-$1.0B0$1.0B$2.0B2016: -$396.3M-$396.3M20162017: $708.2M$708.2M20172018: $1.9B$1.9B2018+169%2019: $862.9M$862.9M2019−55%2020: -$690.9M-$690.9M20202021: $838.3M$838.3M20212022: $944.6M$944.6M2022+13%2023: -$1.6B-$1.6B2023
Fiscal year20162017201820192020202120222023
Revenue$14.2B6$14.9B7$16.3B8$18.3B9$17.6B10$18.7B2$21.3B2$20.3B2
Cost of revenue$11.4B6$12.1B7$12.9B8$14.5B9$14.4B10$15.3B2$17.2B2$16.7B2
Gross profit$3.4B8$3.7B9$3.2B10$3.4B2$4.0B2$3.6B2
Operating income$430.3M6$783.2M7$1.2B8$1.5B9-$256.2M10$1.3B2$1.3B2-$1.5B2
Interest$352.8M8$489.4M9$465.5M10$418.9M2$375.6M2$535.1M2
Income before tax$1.2B2-$1.7B2
Income tax$89.8M6$159.0M7-$874.5M8$276.8M9$163.5M10$243.4M2$269.6M2-$60.4M2
Net income-$396.3M6$708.2M7$1.9B8$862.9M9-$690.9M10$838.3M2$944.6M2-$1.6B2
Earnings per share-$1.566$2.817$7.468$3.369-$2.6710$3.162$3.642-$6.442
Earnings per share (diluted)-$1.546$2.777$7.348$3.339-$2.6710$3.132$3.612-$6.442
Shares (weighted, basic)260 shares2256 shares2
Shares (weighted, diluted)262 shares2256 shares2

Compare WestRock Co with another company

Corporate structure

WestRock Co sits at the top of its group. 20 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of WestRock Co

  • GREENHAVEN ASSOCIATES INC Filed SC 13G/A on WestRock Co, latest Jun 14, 2024 (3 filings since Jun 16, 2023)
  • VANGUARD GROUP INC Filed SC 13G/A on WestRock Co, latest Feb 13, 2024 (3 filings since Feb 9, 2022)
  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on WestRock Co, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • State Street Corporation Filed SC 13G/A on WestRock Co, latest Feb 3, 2023 (2 filings since Feb 14, 2022)
  • WestRock Co Atlanta, Georgia
    • Stone Global Inc Subsidiary · Delaware, United States
    • Super Eagle Acquisition LLC Subsidiary · Delaware, United States
    • WestRock Canada Holdings Inc Subsidiary · Georgia, United States
    • WestRock Coated Board, LLC Subsidiary · Alabama, United States
    • WestRock Converting, LLC Subsidiary · Georgia, United States
    • WestRock CP, LLC Subsidiary · Delaware, United States
    • WestRock Finco, LLC Subsidiary · Delaware, United States
    • WestRock Holding Company III Subsidiary · Georgia, United States
    • WestRock Holdings B.V. Subsidiary · Netherlands
    • WestRock Kraft Paper, LLC Subsidiary · Delaware, United States
    • WestRock Luxembourg S.A.R.L. Subsidiary · Luxembourg
    • WestRock MWV, LLC Subsidiary · Delaware, United States
    • WestRock Paper and Packaging, LLC Subsidiary · Delaware, United States
    • WestRock RKT, LLC Subsidiary · Georgia, United States
    • WestRock Timber Note Holding Company III Subsidiary · Delaware, United States
    • WRK Finco Holdings LLC Subsidiary · Delaware, United States
    • WRK International Holdings Sarl Subsidiary · Luxembourg
    • WRK Luxembourg, Sarl Subsidiary · Luxembourg
    • WRKCo Inc Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What WestRock Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$21.9B2 Sep 30, 2023$19.5B2 Sep 30, 2022+12.4%
Accumulated depreciation$10.8B2 Sep 30, 2023$9.4B2 Sep 30, 2022+15.3%
Property and equipment, net$11.1B2 Sep 30, 2023$10.1B2 Sep 30, 2022+9.7%
Operating-lease assets (leased space)$648.5M2 Sep 30, 2023$699.6M2 Sep 30, 2022−7.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$393.4M2 Sep 30, 2023$260.2M2 Sep 30, 2022+51.2%
Stakes in other companies (equity method)$45.3M2 Sep 30, 2023$480.4M2 Sep 30, 2022−90.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.2B2 Sep 30, 2023$5.9B2 Sep 30, 2022−27.9%
Intangible assets, net (excluding goodwill)$2.6B2 Sep 30, 2023$2.9B2 Sep 30, 2022−11.8%
Finite-lived intangibles, gross$5.0B2 Sep 30, 2023$5.0B2 Sep 30, 20220%
Accumulated amortization$2.4B2 Sep 30, 2023$2.1B2 Sep 30, 2022+16.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.3B2 Sep 30, 2023$2.3B2 Sep 30, 2022+0.6%
Raw materials$1.0B2 Sep 30, 2023$1.1B2 Sep 30, 2022−7.6%

Leadership

Who has led WestRock Co, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (22)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Stone Global Inc Delaware, USA4
  • Super Eagle Acquisition LLC Delaware, USA4
  • WRK Finco Holdings LLC Delaware, USA4
  • WRK International Holdings Sarl Luxembourg4
  • WRK Luxembourg, Sarl Luxembourg4
  • WRKCo Inc Delaware, USA4
  • WestRock CP, LLC Delaware, USA4
  • WestRock Canada Holdings Inc Georgia, USA4
  • WestRock Coated Board, LLC Alabama, USA4
  • WestRock Converting, LLC Georgia, USA4
  • WestRock Finco, LLC Delaware, USA4
  • WestRock Holding Company III Georgia, USA4
  • WestRock Holdings B.V. The Netherlands4
  • WestRock Kraft Paper, LLC Delaware, USA4
  • WestRock Luxembourg S.A.R.L. Luxembourg4
  • WestRock MWV, LLC Delaware, USA4
  • WestRock Paper and Packaging, LLC Delaware, USA4
  • WestRock RKT, LLC Georgia, USA4
  • WestRock Timber Note Holding Company III Delaware, USA4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Whiskey Holdco, Inc.Mar 28, 2018 to Aug 1, 20183

Timeline

  1. Jul 9, 20248-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale48
  2. Jun 27, 20248-K Other events49
  3. Jun 14, 20248-K Shareholder vote50
  4. Jun 13, 20248-K Executive or director change51
  5. Jun 6, 20248-K Other events52
  6. May 2, 20248-K Results of operations; Regulation FD disclosure53
  7. Feb 1, 20248-K Results of operations; Regulation FD disclosure54
  8. Jan 30, 20248-K Shareholder vote55
  9. Dec 15, 20238-K Executive or director change56
  10. Nov 9, 20238-K Results of operations; Regulation FD disclosure57
  11. Sep 29, 20238-K Entered a material agreement58
  12. Sep 27, 20238-K Entered a material agreement; Change to shareholders' rights; Other events59
  13. Mar 17, 2021New chief executive David B. Sewell becomes CEO14
  14. Nov 6, 2018New chief executive Steven C. Voorhees becomes CEO15

Calendar

When it reported results

  1. May 2, 2024Reported quarterly or annual results53
  2. Feb 1, 2024Reported quarterly or annual results54
  3. Nov 9, 2023Reported quarterly or annual results57
  4. Aug 3, 2023Reported quarterly or annual results60
  5. May 4, 2023Reported quarterly or annual results61
  6. Feb 1, 2023Reported quarterly or annual results62
  7. Nov 10, 2022Reported quarterly or annual results63
  8. Aug 4, 2022Reported quarterly or annual results64

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

293 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 46 major events, 168 insider forms, 10 large holders, 58 other. The latest 20:

  1. Nov 18, 2025FWP EDGAR
  2. Nov 17, 2025FWP EDGAR
  3. Jul 18, 202415-12G EDGAR
  4. Jul 17, 2024S-8 POS EDGAR
  5. Jul 17, 2024S-8 POS EDGAR
  6. Jul 17, 2024S-8 POS EDGAR
  7. Jul 17, 2024S-8 POS EDGAR
  8. Jul 9, 20248-K EDGAR
  9. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  12. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  13. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  14. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  15. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  16. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  17. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  18. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  19. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  20. Jul 8, 20244 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR

The 293 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 0 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 3, 2024O'Neal John LPresident, Global PaperSale6,965$51.47$358.5KForm 4
May 3, 2024Singleton Denise REVP, General Counsel & Sec.Sale9,700$51.46$499.2KForm 4
May 3, 2024Kivits Patrick M.President, Corrugated PkgSale6,000$51.44$308.6KForm 4
Feb 12, 2024Lostetter Vicki LChief Human Resources OfficerSale3,500$42.77$149.7KForm 4
Mar 15, 2023Kivits Patrick M.President, Corrugated PkgSale4,000$27.38$109.5KForm 4
Dec 12, 2022RUSSELL CURREY MDirectorSale55,000$36.51$2.0MForm 4
Aug 18, 2022O'Neal John LPresident, Global PaperSale5,173$42.55$220.1KForm 4
Aug 17, 2022Nevels James EDirectorSale2,483$42.36$105.2KForm 4
Aug 10, 2022Nevels James EDirectorSale1,417$42.31$60.0KForm 4
Apr 18, 2022Stigers ThomasPresident, Mill OperationsSale15,000$50.10$751.5KForm 4
Mar 8, 2022Nevels James EDirectorSale6,690$41.38$276.8KForm 4
Nov 16, 2021Nevels James EDirectorSale3,050$49.45$150.8KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How WestRock Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARWestRock Co1
  • CIK0001732845
  • Employer ID (EIN)37-18806171
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsSeptember 301
  • Industry code (SIC)2650 Paperboard Containers & Boxes1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1000 Abernathy Road Ne, Atlanta, GA 303281
  • Phone678-291-74561
  • Shares outstanding258,148,056 as of Apr 19, 202413
  • Public float$7.8B as of Mar 31, 20232
  • On EDGAR sinceMar 28, 20181
  • Filings673 in all: 4 (322), 8-K (97), 425 (45), 5 (41), 3 (34), SC 13G/A (23), 10-Q (17), DEFA14A (10)1
    All 33 form types

    424B5 (8), 10-K (6), DEF 14A (6), SD (6), S-8 (5), S-8 POS (5), 144 (4), CORRESP (4), FWP (4), S-4/A (4), SC 13G (4), 4/A (3), 424B3 (3), 5/A (3), S-3ASR (3), S-4 (3), UPLOAD (3), 15-12G (2), EFFECT (2), 11-K (1), 25-NSE (1), 8-K12B (1), DEFM14A (1), POSASR (1), PRE 14A (1)

  • Latest filingsAnnual report (10-K) Nov 17, 2023
    Quarterly report (10-Q) May 3, 2024
    Proxy statement (DEF 14A) Dec 13, 2023
    Latest 8-K (8-K) Jul 9, 2024

Sources

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