Smurfit Westrock Gross Margin Growth & History (SW)
Smurfit Westrock's gross margin was 19.38% for fiscal 2025.
View full Smurfit Westrock company overviewSmurfit Westrock annual gross margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.38% | −0.49 pp |
| 2024 | 2024-12-31 | 19.87% | −5.38 pp |
| 2023 | 2023-12-31 | 25.25% | +1.03 pp |
| 2022 | 2022-12-31 | 24.22% | — |
Smurfit Westrock quarterly gross margin
Q3.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.42% | −1.66 pp |
| Q1 2026 | 2026-03-31 | 16.44% | −4.16 pp |
| Q4 2025 | 2025-12-31 | 18.23% | −0.90 pp |
| Q3 2025 | 2025-09-30 | 19.61% | +2.01 pp |
| Q2 2025 | 2025-06-30 | 19.08% | −4.26 pp |
| Q1 2025 | 2025-03-31 | 20.60% | −3.63 pp |
| Q4 2024 | 2024-12-31 | 19.13% | — |
| Q3 2024 | 2024-09-30 | 17.60% | −7.86 pp |
| Q2 2024 | 2024-06-30 | 23.34% | — |
| Q1 2024 | 2024-03-31 | 24.23% | — |
| Q3 2023 | 2023-09-30 | 25.45% | — |
Smurfit Westrock gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Smurfit Westrock's gross margin decreased from 24.22% to 19.38%, a change of −4.84 percentage points. The latest reported quarter, Q2 2026, shows 17.42%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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