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Smurfit Westrock vs Sonoco Products: SW and SON compared
Smurfit Westrock is the larger company: $8.2B of revenue in its latest quarter (Q3 2026) against $2.0B for Sonoco Products (Q3 2026). Smurfit Westrock is growing faster (+2% against -4% a year earlier). Smurfit Westrock is more profitable, with an operating margin of 6.0% against -31.2%.
Where the money goes: SW and SON
Smurfit Westrock (SW) · Q3 2026
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.
Sonoco Products (SON) · Q3 2026
Sonoco Products, Q3 2026: revenue $2.0B (-4% year over year), operating margin -31.2%, net loss $732M, operating cash flow $285M. The chart follows the revenue to costs, profit and cash.
| Smurfit Westrock (SW) | Sonoco Products (SON) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $8.2B | $2.0B |
| Revenue growth, Y/Y | +2% | -4% |
| Gross margin | 17.6% | — |
| Operating margin | 6.0% | -31.2% |
| Net earnings | $219M | −$732M |
| Net margin | 2.7% | -35.8% |
| Operating cash flow | $874M | $285M |
| Free cash flow | $360M | $222M |
| Market value | $23.5B | $5.0B |
| P/E | 50.0× | — |
| Analysts’ mean target | $54.23 | $57.12 |
Where the revenue comes from
Smurfit Westrock
- North America: $4.8B (58%)
- Europe, MEA and APAC: $2.8B (35%)
- LATAM: $587M (7%)
Questions
Which is bigger, Smurfit Westrock or Sonoco Products?
Smurfit Westrock is the larger company: $8.2B of revenue in its latest quarter (Q3 2026) against $2.0B for Sonoco Products (Q3 2026).
Is Smurfit Westrock or Sonoco Products growing faster?
Smurfit Westrock is growing faster (+2% against -4% a year earlier).
Which is more profitable, Smurfit Westrock or Sonoco Products?
Smurfit Westrock is more profitable, with an operating margin of 6.0% against -31.2%.
More: Smurfit Westrock earnings · how Smurfit Westrock makes money · Sonoco Products earnings · how Sonoco Products makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.