OverviewSuggest Edit

WestRock is a provider of paper and packaging solutions for consumer and corrugated packaging markets. The Company operates through Corrugated Packaging, Consumer Packaging, and Land and Development segments. The Corrugated Packaging segment produces container boards, corrugated sheets, and corrugated packaging. This segment also provides structural and graphic design, engineering services, automated packaging machines, and offers recycling and waste disposal services. The Consumer Packaging segment manufactures and sells folding and beverage cartons, partitions, and paperboard packaging. This segment also manufactures and sells solid fiber and corrugated partitions and die-cut paperboard components, as well as provides contract packing services. The Land and Development segment engages in real estate development activities.

TypePublic
Founded2015
HQAtlanta, US
Websitewestrock.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Feb 2019)50,000(+12%)
Job Openings891
Revenue (FY, 2017)$14.9 B(+5%)
Share Price (Jun 2019)$36.4

Key People/Management at Westrock

Steve Voorhees

Steve Voorhees

CEO
Ward Dickson

Ward Dickson

Executive Vice President and Chief Financial Officer
Jim Porter

Jim Porter

President, Business Development & Latin America
Bob Feeser

Bob Feeser

President, Consumer Packaging
Jeff Chalovich

Jeff Chalovich

President, Corrugated Packaging
Pete Durette

Pete Durette

President, Enterprise Solutions and Strategy
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Westrock Office Locations

Westrock has offices in Atlanta, Washington, Totowa, Summerville and in 57 other locations
Atlanta, US (HQ)
1000 Abernathy Rd NE #125
Adams, US
201 W Grove St
Albuquerque, US
3801 University Blvd SE
Allegan, US
504 Eastern Ave
Aston, US
100 McDonald Blvd
Athens, US
1720 Wilkinson St
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Westrock Financials and Metrics

Westrock Revenue

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Westrock's revenue was reported to be $14.86 b in FY, 2017 which is a 4.9% increase from the previous period.
USD

Revenue (Q2, 2018)

7.9b

Gross profit (Q2, 2018)

1.6b

Gross profit margin (Q2, 2018), %

20%

Net income (Q2, 2018)

1.4b

Market capitalization (10-Jun-2019)

9.4b

Closing stock price (10-Jun-2019)

36.4
Westrock's current market capitalization is $9.4 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

11.4b14.2b14.9b

Revenue growth, %

25%5%

Cost of goods sold

9.2b11.4b12.1b

Gross profit

2.2b2.8b2.7b
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

2.5b3.7b3.7b3.6b3.4b3.7b3.7b3.9b7.9b

Cost of goods sold

2.0b3.0b3.0b2.9b2.9b3.0b3.0b6.3b

Gross profit

526.3m701.2m720.8m727.3m591.3m675.4m695.5m1.6b

Gross profit Margin, %

21%19%19%20%17%18%19%20%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

228.3m340.9m298.1m

Accounts Receivable

1.7b1.6b1.9b

Inventories

2.0b1.6b1.8b

Current Assets

4.2b3.9b4.5b
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Cash

43.2m236.9m367.6m258.7m493.3m385.3m225.2m

Accounts Receivable

1.0b1.5b1.7b1.6b1.5b1.6b1.9b

Inventories

996.2m2.0b2.1b1.7b1.7b1.6b1.8b

Current Assets

2.3b4.0b4.4b3.9b4.0b5.0b4.4b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

511.8m(389.9m)698.6m

Depreciation and Amortization

740.8m1.1b1.1b

Inventories

(27.2m)50.6m(48.2m)

Accounts Payable

(38.4m)(197.1m)302.2m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

157.9m(451.7m)59.8m(298.2m)78.5m176.7m503.3m1.4b

Depreciation and Amortization

867.7m275.2m539.1m814.3m

Inventories

996.2m2.0b2.1b25.8m(45.3m)(50.7m)(31.4m)(74.0m)(83.0m)

Accounts Payable

752.5m1.3b1.2b(104.1m)166.5m218.7m290.3m(11.0m)
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Westrock Revenue Breakdown

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Westrock revenue breakdown by business segment: 55.5% from Corrugated Packaging, 42.8% from Consumer Packaging and 1.6% from Other

Westrock Online and Social Media Presence

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Westrock News and Updates

WestRock to cut 260 jobs next year as it reconfigures a South Carolina paper mill

WestRock Co. said Monday it expects cut 260 jobs as it shuts down one of three paper machines as part of a reconfiguration of its North Charleston, South Carolina paper mill. The job cuts are expected over a five-month period, starting in January 2020. The reconfiguration will eliminate about 288,0…

WestRock Announces Conference Call to Discuss Second Quarter Fiscal 2019 Results

ATLANTA, March 20, 2019 (GLOBE NEWSWIRE) -- WestRock Company (NYSE: WRK) today announced that it will host a conference call to discuss second quarter fiscal 2019 results and other topics on Tuesday, April 30, at 8:30 am ET. WestRock will release its second quarter fiscal 2019 results prior to mar…

WestRock Announces Extension of Exchange Offers for its 3.000% Senior Notes due 2024, 3.750% Senior Notes due 2025, 4.650% Senior Notes due 2026, 3.375% Senior Notes due 2027, 4.000% Senior Notes due 2028 and 4.900% Senior Notes due 2029

ATLANTA, Feb. 11, 2019 (GLOBE NEWSWIRE) -- WestRock (NYSE: WRK) announced today an extension of the offers (the “exchange offers”) to exchange all of WRKCo Inc.’s outstanding 3.000% Senior Notes due 2024 (the “Original 2024 Notes”) for its 3.000% Senior Notes due 2024, which have been registered u…

Corrugated Boxes Market 2019-2023: Global Analysis by Key Players – International Paper, WestRock, Rengo, Mondi Group

Wiseguyreports.Com Publish New Market Research Report On -“Corrugated Boxes Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday

WestRock Announces Quarterly Dividend of $0.455 Per Share

ATLANTA, Feb. 01, 2019 (GLOBE NEWSWIRE) -- WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.455 per share on its common stock. The quarterly dividend of $0.455 per share will be paid to stockholders of record as of the close of business on…

WestRock Reports Fiscal 2019 First Quarter Results

ATLANTA, Jan. 31, 2019 (GLOBE NEWSWIRE) -- WestRock Company (NYSE:WRK), a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2018.
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Westrock Frequently Asked Questions

  • When was Westrock founded?

    Westrock was founded in 2015.

  • Who are Westrock key executives?

    Westrock's key executives are Steve Voorhees, Ward Dickson and Jim Porter.

  • How many employees does Westrock have?

    Westrock has 50,000 employees.

  • What is Westrock revenue?

    Latest Westrock annual revenue is $14.9 b.

  • What is Westrock revenue per employee?

    Latest Westrock revenue per employee is $297.2 k.

  • Who are Westrock competitors?

    Competitors of Westrock include International Paper, Graphic Packaging Holding Company and Mondi.

  • Where is Westrock headquarters?

    Westrock headquarters is located at 1000 Abernathy Rd NE #125, Atlanta.

  • Where are Westrock offices?

    Westrock has offices in Atlanta, Washington, Totowa, Summerville and in 57 other locations.

  • How many offices does Westrock have?

    Westrock has 63 offices.