CSIMarket
 
Westrock Company  (WRK)
Other Ticker:  
 
 
Price: $48.3900 $-0.21 -0.432%
Day's High: $48.47 Week Perf: 3.15 %
Day's Low: $ 47.84 30 Day Perf: 11.73 %
Volume (M): 1,790 52 Wk High: $ 48.96
Volume (M$): $ 86,608 52 Wk Avg: $35.26
Open: $48.24 52 Wk Low: $26.85



 Market Capitalization (Millions $) 12,391
 Shares Outstanding (Millions) 256
 Employees 50,500
 Revenues (TTM) (Millions $) 20,310
 Net Income (TTM) (Millions $) -1,644
 Cash Flow (TTM) (Millions $) 133
 Capital Exp. (TTM) (Millions $) 1,142

Westrock Company

We are a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. We partner with our customers to provide differentiated paper and packaging solutions that help them win in the marketplace. Our team members support customers around the world from operating and business locations spanning North America, South America, Europe and Asia. We also develop real estate in the Charleston, SC region.


WestRock was formed on March 6, 2015 for the purpose of effecting the Combination and, prior to the Combination, did not conduct any activities other than those incidental to its formation and the matters contemplated by the Business Combination Agreement. On July 1, 2015, pursuant to the Business Combination Agreement, RockTenn and MWV completed a strategic combination of their respective businesses. RockTenn and MWV each became wholly-owned subsidiaries of WestRock. RockTenn was the accounting acquirer in the Combination.

We are one of the largest integrated producers of containerboard measured by tons produced, and one of the largest producers of high-graphics preprinted linerboard measured by net sales in North America. We have integrated corrugated operations in North America, Brazil and India. We believe we are one of the largest paper recyclers in North America and our recycling operations provide substantially all of the recycled fiber to our mills as well as to third parties. Our Brazil operation also owns forestlands which provide virgin fiber to our Brazilian mill. We operate an integrated corrugated packaging system that manufactures primarily containerboard, corrugated sheets, corrugated packaging and preprinted linerboard for sale to consumer and industrial products manufacturers and corrugated box manufacturers. We produce a full range of high-quality corrugated containers designed to protect, ship, store and display products made to our customers merchandising and distribution specifications. We also convert corrugated sheets into corrugated products ranging from one-color protective cartons to graphically brilliant point-of-purchase packaging. Our corrugated container plants serve local customers and regional and large national accounts. Corrugated packaging is used to provide protective packaging for shipment and distribution of food, paper, health and beauty and other household, consumer, commercial and industrial products. Corrugated packaging may also be graphically enhanced for retail sale, particularly in club store locations. We provide customers with innovative packaging solutions to promote and sell their products. We also provide structural and graphic design, engineering services and custom, proprietary and standard automated packaging machines, offering customers turn-key installation, automation, line integration and packaging solutions.

We operate integrated virgin and recycled fiber paperboard mills and consumer packaging converting operations, which convert items such as folding and beverage cartons, displays, dispensing and interior partitions. Our integrated system of virgin and recycled mills produces paperboard for our converting operations and third parties. We internally consume or sell coated natural kraft, bleached paperboard and coated recycled paperboard to manufacturers of folding cartons and other paperboard products, and internally consume or sell our specialty recycled paperboard to manufacturers of solid fiber interior packaging, tubes and cores, book covers and other paperboard products. The mill owned by our Seven Hills joint venture in Lynchburg, VA manufactures gypsum paperboard liner for sale to our joint venture partner.

 



   Company Address: 1000 Abernathy Road NE Atlanta 30328 GA
   Company Phone Number: 448-2193   Stock Exchange / Ticker: NYSE WRK
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GPK   -2.59%    
PKG   -3.07%    
MATW   -3.58%    
• View Complete Report
   



Business Update

WestRock Expands Production Capacities to Meet Growing Demand in the Great Lakes Region

Published Tue, Jan 23 2024 11:50 AM UTC

WestRock to Open New Corrugated Box Plant in Wisconsin to Meet Increased DemandWestRock Company has recently announced its plans to construct a new corrugated box plant in Pleasant Prairie, Wisconsin, in response to the growing demand from customers in the Great Lakes region. Upon completion of the new facility, the company intends to shut down its existing plant in North Ch...

Westrock Company

WestRock Company Reports Significant Revenue Decline in Fourth Quarter of 2023

WestRock Company, a leading provider of sustainable paper and packaging solutions, recently announced its financial results for the fourth quarter and fiscal year ended September 30, 2023. The company experienced a notable decline in revenue, causing a significant drop in profits.
In the fourth quarter, WestRock's revenue dropped by 7.667% to $4.99 billion compared to the same quarter in the previous year. This decline in revenue resulted in a staggering 68.2% drop in profits, with the company's earnings per share falling to $0.43 from $1.34 in the previous year.

Contract

WestRock Reinforces Commitment to Renewable Energy with ENGIE Partnership, Spearheading Sustainability Efforts in US

Published Tue, Nov 14 2023 11:50 AM UTC



WestRock, a leading provider of sustainable fiber-based paper and packaging solutions, has recently announced a groundbreaking collaboration with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and a global leader in the net-zero energy transition. This partnership includes the establishment of two virtual power purchase agreements (VPPAs) aimed at integrat...

Dividend

WestRock Boosts Dividend by 10%: A Testament to Financial Strength and Long-Term Growth

Published Fri, Oct 27 2023 2:09 PM UTC

WestRock Increases Dividend 10% to New Annualized Rate of $1.21 Per Share
ATLANTA - WestRock Company (NYSE: WRK), a leading provider of differentiated paper and packaging solutions, announced today that its board of directors has declared a quarterly dividend of $0.3025 per share on its common stock. This represents an increase of $0.0275 per share from the previous quar...

Westrock Company

Westrock Company Witnesses Sharp Decline in EPS Amid Revenue Decrease in Q3 2023

Westrock Company is a leading provider of paper and packaging solutions, serving a wide range of industries globally. The company's financial performance in the third quarter of 2023 has seen a significant decline compared to the previous year, with income per share dropping by -46.26% to $0.79 per share. This decrease can be attributed to a decline in revenue of -7.232% to $5.12 billion.
In the previous reporting period, Westrock Company achieved a revenue of $5.28 billion and a bottom line of $-7.85 per share. However, in the third quarter of 2023, the company's net profits decreased by -46.52% to $203.1 million compared to $379.8 million in the same period the previous year. This decline in net profits reflects a challenging operating environment for the company.






 

Westrock's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com