Smurfit Westrock (SW) Gross Margin (2023 - 2026)
Smurfit Westrock (SW) reported Gross Margin of 17.42% for Q2 2026, down 1.66 percentage points from 19.08% a year earlier but up 0.98 percentage points from the prior quarter.
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Analysis
Smurfit Westrock (SW) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Smurfit Westrock's Gross Margin came in at 17.93%, down 1.17 percentage points year-over-year; for FY2025, it came in at 19.38%, down 0.49 percentage points from FY2024.
- Gross Margin has a three-year change of -4.84 percentage points (FY2022 to FY2025).
- By year, Gross Margin came in at 19.87% in FY2024 (-5.38 pp), 25.25% in FY2023 (+1.03 pp) and 24.22% in FY2022.
- Five-year quarterly Gross Margin spans a low of 16.44% in Q1 2026 and a high of 25.45% in Q3 2023.
- Year over year, Gross Margin has now declined in each of the last three quarters, with an average year-over-year change of -3.23 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2025 (a gain of 2.01 percentage points); the low point was Q3 2024 (a drop of 7.86 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 16.44% (Q1 2026), 18.23% (Q4 2025) and 19.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 17.42% |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | 27.65% |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 20.58% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 20.90% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 17.44% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 20.39% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 20.81% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 17.94% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 13.35% |
| 10 | Ardagh Metal Packaging | 2.63 Bn | 2.64 Bn | 238.00 Mn | 13.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.42% |
| 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% |
API Access
Smurfit Westrock Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();