Smurfit Westrock (SW) Gross Margin (2023 - 2026)
Smurfit Westrock (SW) posted Gross Margin of 16.44% for Q1 2026, down 9.82% sequentially from 18.23% in Q4 2025, and down 416.0% YoY from 5.2% in Q1 2025.
Smurfit Westrock (SW) Gross Margin (2023 - 2026) Analysis & Trends
Smurfit Westrock (SW) has 4 years of Gross Margin data on file, last reported at 16.44% in Q1 2026.
- Quarterly Gross Margin fell 416.0% year-over-year to 16.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.36% (down 124.0% YoY) and the FY2025 annual result came in at 19.38%, down 49.0% from the prior year.
- Gross Margin declined to 16.44% in Q1 2026 per SW's latest filing, from 18.23% in the prior quarter.
- The five-year high for Gross Margin was 25.45% in Q3 2023, with the low at 16.44% in Q1 2026.
- Average Gross Margin over 4 years is 20.75%, with a median of 19.61% recorded in 2025.
- Year-over-year, Gross Margin tumbled 786 bps in 2024 and surged 201 bps in 2025.
- Smurfit Westrock's Gross Margin stood at 24.49% in 2023, then decreased by 22 bps to 19.13% in 2024, then retreated by 5 bps to 18.23% in 2025, then dropped by 10 bps to 16.44% in 2026.
- Business Quant data shows SW's Gross Margin at 16.44% in Q1 2026, 18.23% in Q4 2025, and 19.61% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 17.93% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 28.92% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 28.92% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 19.76% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 23.60% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 20.62% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 17.02% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 14.19% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 11.90% |
| 10 | Smurfit Westrock | 46.10 Mn | -602.90 Mn | 1.27 Bn | 16.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.44% |
| Dec 31, 2025 | 18.23% |
| Sep 30, 2025 | 19.61% |
| Jun 30, 2025 | 19.08% |
| Mar 31, 2025 | 20.60% |
| Dec 31, 2024 | 19.13% |
| Sep 30, 2024 | 17.60% |
| Jun 30, 2024 | 23.34% |
| Mar 31, 2024 | 24.23% |
| Dec 31, 2023 | 24.49% |
| Sep 30, 2023 | 25.45% |