Smurfit Westrock Operating Margin Growth & History (SW)
Smurfit Westrock's operating margin was 5.51% for fiscal 2025.
View full Smurfit Westrock company overviewSmurfit Westrock annual operating margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.51% | +0.74 pp |
| 2024 | 2024-12-31 | 4.77% | −6.57 pp |
| 2023 | 2023-12-31 | 11.35% | −0.19 pp |
| 2022 | 2022-12-31 | 11.53% | — |
Smurfit Westrock quarterly operating 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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.85% | +0.69 pp |
| Q1 2026 | 2026-03-31 | 3.28% | −3.94 pp |
| Q4 2025 | 2025-12-31 | 5.13% | −0.19 pp |
| Q3 2025 | 2025-09-30 | 6.57% | +5.86 pp |
| Q2 2025 | 2025-06-30 | 3.16% | −5.06 pp |
| Q1 2025 | 2025-03-31 | 7.22% | −3.25 pp |
| Q4 2024 | 2024-12-31 | 5.32% | — |
| Q3 2024 | 2024-09-30 | 0.72% | −11.43 pp |
| Q2 2024 | 2024-06-30 | 8.22% | — |
| Q1 2024 | 2024-03-31 | 10.48% | — |
| Q3 2023 | 2023-09-30 | 12.14% | — |
Smurfit Westrock operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Smurfit Westrock's operating margin decreased from 11.53% to 5.51%, a change of −6.02 percentage points. The latest reported quarter, Q2 2026, shows 3.85%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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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