Westrock market cap is $7.2 b, and annual revenue was $14.86 b in FY 2017

Westrock Gross profit (Q3, 2018)873.2 M

Westrock Gross profit margin (Q3, 2018), %21.1%

Westrock Net income (Q3, 2018)268.2 M

Westrock EBIT (Q3, 2018)406.4 M

Westrock revenue was $14.86 b in FY, 2017 which is a 4.9% year over year increase from the previous period.

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

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Revenue | 11.4b | 14.2b | 14.9b |

| 25% | 5% | |

## Cost of goods sold | 9.2b | 11.4b | 12.1b |

## Gross profit | 2.2b | 2.8b | 2.7b |

| 19% | 19% | 18% |

## General and administrative expense | 1.4b | ||

## Operating expense total | 1.6b | ||

## Depreciation and amortization | 229.6m | ||

## EBIT | 879.5m | 430.3m | 835.0m |

| 8% | 3% | 6% |

## Interest expense | 132.7m | 256.7m | 277.7m |

## Interest income | 66.7m | ||

## Pre tax profit | 762.3m | 244.6m | 857.6m |

## Income tax expense | (250.5m) | (89.8m) | (159.0m) |

## Net Income | 511.8m | (389.9m) | 698.6m |

- Source: SEC Filings

USD | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 2.5b | 3.7b | 3.7b | 3.6b | 3.4b | 3.7b | 3.7b | 3.9b | 7.9b | 4.1b |

## Cost of goods sold | 2.0b | 3.0b | 3.0b | 2.9b | 2.9b | 3.0b | 3.0b | 3.1b | 6.3b | 3.3b |

## Gross profit | 526.3m | 701.2m | 720.8m | 727.3m | 591.3m | 675.4m | 695.5m | 782.4m | 1.6b | 873.2m |

| 21% | 19% | 19% | 20% | 17% | 18% | 19% | 20% | 20% | 21% |

## General and administrative expense | 246.8m | 366.2m | 368.2m | |||||||

## Operating expense total | 246.8m | 662.6m | 466.8m | |||||||

## EBIT | 266.8m | 156.8m | 289.4m | 121.4m | 187.0m | 233.4m | 119.8m | 406.4m | ||

| 11% | 4% | 8% | 4% | 5% | 6% | 3% | 10% | ||

## Interest expense | 22.6m | 65.2m | 62.9m | 64.0m | 65.1m | 65.8m | 70.4m | 64.8m | 76.7m | |

## Investment income | 3.8m | 15.5m | ||||||||

## Pre tax profit | 246.2m | (425.5m) | 100.2m | 252.1m | 82.1m | 141.8m | 387.3m | 60.3m | 355.8m | |

## Income tax expense | (88.3m) | (26.2m) | (40.4m) | (99.7m) | (3.6m) | (43.6m) | (60.7m) | (1.1b) | 84.5m | |

## Net Income | 157.9m | (451.7m) | 59.8m | 93.7m | 78.5m | 98.2m | 326.6m | 1.1b | 1.4b | 268.2m |

- Source: SEC Filings

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Cash | 228.3m | 340.9m | 298.1m |

## Accounts Receivable | 1.7b | 1.6b | 1.9b |

## Inventories | 2.0b | 1.6b | 1.8b |

## Current Assets | 4.2b | 3.9b | 4.5b |

## PP&E | 9.2b | 9.3b | 9.1b |

## Goodwill | 5.7b | 4.8b | 5.5b |

## Total Assets | 25.4b | 23.0b | 25.1b |

## Accounts Payable | 1.3b | 1.1b | 1.5b |

## Short-term debt | 63.7m | 292.9m | 608.7m |

## Current Liabilities | 2.2b | 2.2b | 3.0b |

## Long-term debt | 5.6b | 5.5b | 5.9b |

## Total Debt | 5.6b | 5.8b | 6.6b |

## Common Stock | 2.6m | 2.5m | 2.5m |

## Additional Paid-in Capital | 10.8b | 10.5b | 10.6b |

## Retained Earnings | 1.7b | (105.9m) | 172.4m |

## Total Equity | 11.7b | 9.7b | 10.3b |

## Debt to Equity Ratio | 0.5 x | 0.6 x | |

## Debt to Assets Ratio | 0.2 x | 0.3 x | |

## Financial Leverage | 2.2 x | 2.4 x | 2.4 x |

- Source: SEC Filings

USD | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|

## Cash | 43.2m | 236.9m | 367.6m | 258.7m | 493.3m | 385.3m | 225.2m | 306.4m | ||

## Accounts Receivable | 1.0b | 1.5b | 1.7b | 1.6b | 1.5b | 1.6b | 1.9b | 1.8b | ||

## Prepaid Expenses | 317.0m | |||||||||

## Inventories | 996.2m | 2.0b | 2.1b | 1.7b | 1.7b | 1.6b | 1.8b | 1.9b | ||

## Current Assets | 2.3b | 4.0b | 4.4b | 3.9b | 4.0b | 5.0b | 4.4b | 4.5b | ||

## PP&E | 9.8b | 9.8b | 9.3b | 9.1b | 8.6b | 9.1b | 9.1b | |||

## Goodwill | 1.9b | 5.2b | 5.2b | 4.8b | 4.8b | 4.5b | 5.5b | 5.5b | 5.6b | |

## Total Assets | 25.1b | |||||||||

## Accounts Payable | 752.5m | 1.3b | 1.2b | 1.1b | 1.2b | 1.2b | 1.5b | 1.4b | 1.5b | |

## Short-term debt | 1.2b | |||||||||

## Current Liabilities | 1.3b | 2.2b | 2.6b | 2.3b | 2.2b | 2.3b | 3.1b | 3.5b | ||

## Long-term debt | 5.4b | |||||||||

## Total Debt | 6.6b | |||||||||

## Common Stock | 10.0 | 2.6m | 2.5m | |||||||

## Preferred Stock | ||||||||||

## Additional Paid-in Capital | 2.9b | 10.7b | 10.5b | 10.4b | 10.4b | 10.4b | 10.6b | 10.7b | ||

## Retained Earnings | 2.2b | 1.1b | 1.1b | 83.3m | (139.2m) | (147.2m) | 79.3m | 1.2b | ||

## Total Equity | 4.6b | 11.0b | 10.9b | 9.9b | 9.6b | 9.7b | 10.1b | 11.4b | ||

## Financial Leverage | 2.2 x |

- Source: SEC Filings

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Net Income | 511.8m | (389.9m) | 698.6m |

## Depreciation and Amortization | 740.8m | 1.1b | 1.1b |

## Accounts Receivable | 106.1m | 36.6m | (97.9m) |

## Inventories | (27.2m) | 50.6m | (48.2m) |

## Accounts Payable | (38.4m) | (197.1m) | 302.2m |

## Cash From Operating Activities | 1.2b | 1.7b | 1.9b |

## Purchases of PP&E | 3.7m | (376.4m) | |

## Capital Expenditures | (585.5m) | (796.7m) | (778.6m) |

## Cash From Investing Activities | (282.7m) | (1.4b) | (1.3b) |

## Long-term Borrowings | (1.6b) | (1.1b) | (2.3b) |

## Dividends Paid | (214.5m) | (380.7m) | (403.2m) |

## Cash From Financing Activities | (718.0m) | (231.0m) | (655.4m) |

## Interest Paid | 140.1m | 229.9m | 239.0m |

## Income Taxes Paid | 89.3m | 157.4m | 227.6m |

## Free Cash Flow | 618.1m | 891.7m | 1.1b |

- Source: SEC Filings

USD | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 157.9m | (451.7m) | 59.8m | (298.2m) | 78.5m | 176.7m | 503.3m | 1.1b | 1.4b | |

## Depreciation and Amortization | 867.7m | 275.2m | 539.1m | 814.3m | 307.7m | |||||

## Accounts Receivable | 1.0b | 1.5b | 1.7b | 51.0m | 53.8m | (90.8m) | (138.3m) | 81.9m | ||

## Inventories | 996.2m | 2.0b | 2.1b | 25.8m | (45.3m) | (50.7m) | (31.4m) | (74.0m) | (83.0m) | |

## Accounts Payable | 752.5m | 1.3b | 1.2b | (104.1m) | 166.5m | 218.7m | 290.3m | (89.4m) | (11.0m) | |

## Cash From Operating Activities | 1.3b | 517.4m | 817.1m | 1.4b | 363.5m | |||||

## Purchases of PP&E | (214.1m) | |||||||||

## Capital Expenditures | (614.7m) | (176.1m) | (365.3m) | (536.8m) | ||||||

## Cash From Investing Activities | (1.2b) | (160.5m) | (357.0m) | (928.0m) | (308.7m) | (909.0m) | ||||

## Long-term Borrowings | (1.0b) | (5.5m) | (175.9m) | (1.1b) | ||||||

## Dividends Paid | (286.3m) | (100.4m) | (201.1m) | (301.6m) | (109.6m) | |||||

## Cash From Financing Activities | (91.2m) | (190.6m) | (409.7m) | (591.6m) | (45.5m) | |||||

## Net Change in Cash | 8.3m | |||||||||

## Interest Paid | 167.3m | 20.5m | 115.5m | 138.9m | 27.2m | |||||

## Income Taxes Paid | 118.5m | 23.5m | 90.6m | 112.1m | 41.8m | |||||

## Free Cash Flow | 692.1m | 341.3m | 451.8m | 869.4m |

- Source: SEC Filings