TTM
18.4%
YoY change
−0.49pp
Trough year (2025)
19.4%
Peak year (2020)
33.7%
Latest annual
19.4%
Gross Margin history chart for Smurfit Westrock (SW) from 2004 to 2025
Latest: 19.4%
Gross Margin change chart for Smurfit Westrock (SW) from 2004 to 2025
Latest: −0.49pp
Gross Margin history table for Smurfit Westrock (SW) from 2004 to 2025
| 2025 | 19.4% | -0.49pp | ||
| 2024 | 19.9% | -5.38pp | ||
| 2023 | 25.3% | +1.03pp | ||
| 2022 | 24.2% | +1.78pp | ||
| 2021 | 22.4% | -11.25pp | ||
| 2020 | 33.7% | +0.48pp | ||
| 2019 | 33.2% | +0.16pp | ||
| 2018 | 33.1% | +3.22pp | ||
| 2017 | 29.8% | -0.43pp | ||
| 2016 | 30.3% | +0.31pp | ||
| 2015 | 30.0% | +0.47pp | ||
| 2014 | 29.5% | +0.59pp | ||
| 2013 | 28.9% | +0.33pp | ||
| 2012 | 28.6% | +0.67pp | ||
| 2011 | 27.9% | +0.15pp | ||
| 2010 | 27.7% | +0.43pp | ||
| 2009 | 27.3% | +2.29pp | ||
| 2008 | 25.0% | -2.87pp | ||
| 2007 | 27.9% | +0.22pp | ||
| 2006 | 27.7% | +0.30pp | ||
| 2005 | 27.4% | -0.51pp | ||
| 2004 | 27.9% | — |
- 202519.4%-0.49pp
- 202419.9%-5.38pp
- 202325.3%+1.03pp
- 202224.2%+1.78pp
- 202122.4%-11.25pp
- 202033.7%+0.48pp
- 201933.2%+0.16pp
- 201833.1%+3.22pp
- 201729.8%-0.43pp
- 201630.3%+0.31pp
- 201530.0%+0.47pp
- 201429.5%+0.59pp
- 201328.9%+0.33pp
- 201228.6%+0.67pp
- 201127.9%+0.15pp
- 201027.7%+0.43pp
- 200927.3%+2.29pp
- 200825.0%-2.87pp
- 200727.9%+0.22pp
- 200627.7%+0.30pp
- 200527.4%-0.51pp
- 200427.9%—
Gross Margin values are taken from Smurfit Westrock's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Smurfit Westrock (SW)
According to Smurfit Westrock's latest reported financial statements, the company's latest reported gross margin is 18.4%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Smurfit Westrock (SW) reported gross margin of 19.38% – contracted 0.5 percentage points year-over-year.
Across the available history, gross margin reached its high of 33.69% in 2020 and its low of 19.38% in 2025.
Smurfit Westrock Gross Margin by Year
Smurfit Westrock Gross Margin 2025: 19.4%
Smurfit Westrock posted gross margin of 19.38% in 2025, contracted 0.5 percentage points from 2024. This figure represents the lowest annual value in the available history.
Smurfit Westrock Gross Margin 2024: 19.9%
In 2024, Smurfit Westrock reported gross margin of 19.87%, contracted 5.4 percentage points from 2023.
Smurfit Westrock Gross Margin 2023: 25.3%
Smurfit Westrock gross margin in 2023 was 25.25%, expanded 1.0 percentage points from 2022.
Smurfit Westrock Gross Margin 2022: 24.2%
2022's gross margin for Smurfit Westrock came in at 24.22%, expanded 1.8 percentage points from 2021.
Smurfit Westrock Gross Margin 2021: 22.4%
Smurfit Westrock gross margin in 2021 was 22.44%.
See more financial history for Smurfit Westrock (SW).
Sector peers by Gross Margin
Consumer Cyclical peers of Smurfit Westrock (SW), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
Frequently asked questions
Smurfit Westrock (SW) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation