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Smurfit Westrock (SW) operating margin by quarter

Smurfit Westrock's operating margin was 6.0% in Q3 2026 (third quarter 2026), +2.1 pts from Q2 2026. Over the last 6 quarters it ranged from 3.3% (Q1 2026) to 7.2% (Q1 2025).

Smurfit Westrock operating margin by quarterSmurfit Westrock operating margin by quarter7.2%Q1 20256.6%Q3 20255.1%Q4 20253.3%Q1 20263.8%Q2 20266.0%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20266.0%+2.1 pts-0.6 pts
Q2 20263.8%+0.6 pts—
Q1 20263.3%-1.9 pts-3.9 pts
Q4 20255.1%-1.4 pts—
Q3 20256.6%-0.7 pts—
Q1 20257.2%——

Q3 2026 at a glance

Smurfit Westrock, Q3 2026: revenue $8.2B (+2% year over year), operating margin 6.0%, net earnings $219M, operating cash flow $874M. The chart follows the revenue to costs, profit and cash.

Questions

What is Smurfit Westrock's operating margin?

Smurfit Westrock's operating margin was 6.0% in Q3 2026 (third quarter 2026), +2.1 pts from Q2 2026.

How has Smurfit Westrock's operating margin changed?

Over the last 6 quarters it ranged from 3.3% (Q1 2026) to 7.2% (Q1 2025).

Q3 2026 results → · How Smurfit Westrock makes money →