TTM
6.2%
YoY change
+2.36pp
Trough year (2006)
3.3%
Peak year (2018)
11.6%
Latest annual
7.1%
Operating Margin history chart for Smurfit Westrock (SW) from 2004 to 2025
Latest: 7.1%
Operating Margin change chart for Smurfit Westrock (SW) from 2004 to 2025
Latest: +2.36pp
Operating Margin history table for Smurfit Westrock (SW) from 2004 to 2025
| 2025 | 7.1% | +2.36pp | ||
| 2024 | 4.8% | -6.57pp | ||
| 2023 | 11.3% | -0.19pp | ||
| 2022 | 11.5% | +1.00pp | ||
| 2021 | 10.5% | +0.09pp | ||
| 2020 | 10.4% | +0.68pp | ||
| 2019 | 9.8% | -1.84pp | ||
| 2018 | 11.6% | +3.90pp | ||
| 2017 | 7.7% | -2.28pp | ||
| 2016 | 10.0% | +1.97pp | ||
| 2015 | 8.0% | -0.16pp | ||
| 2014 | 8.2% | +0.10pp | ||
| 2013 | 8.1% | -0.51pp | ||
| 2012 | 8.6% | +0.57pp | ||
| 2011 | 8.0% | +1.89pp | ||
| 2010 | 6.1% | +1.72pp | ||
| 2009 | 4.4% | +0.41pp | ||
| 2008 | 4.0% | -3.74pp | ||
| 2007 | 7.7% | +4.43pp | ||
| 2006 | 3.3% | -2.46pp | ||
| 2005 | 5.8% | -0.89pp | ||
| 2004 | 6.7% | — |
- 20257.1%+2.36pp
- 20244.8%-6.57pp
- 202311.3%-0.19pp
- 202211.5%+1.00pp
- 202110.5%+0.09pp
- 202010.4%+0.68pp
- 20199.8%-1.84pp
- 201811.6%+3.90pp
- 20177.7%-2.28pp
- 201610.0%+1.97pp
- 20158.0%-0.16pp
- 20148.2%+0.10pp
- 20138.1%-0.51pp
- 20128.6%+0.57pp
- 20118.0%+1.89pp
- 20106.1%+1.72pp
- 20094.4%+0.41pp
- 20084.0%-3.74pp
- 20077.7%+4.43pp
- 20063.3%-2.46pp
- 20055.8%-0.89pp
- 20046.7%—
Operating 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 Operating Margin at Smurfit Westrock (SW)
According to Smurfit Westrock's latest reported financial statements, the company's latest reported operating margin is 6.2%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
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 operating margin of 7.13% – expanded 2.4 percentage points year-over-year.
The record annual operating margin stands at 11.61%, reached in 2018; the historical low of 3.30% was recorded in 2006.
Smurfit Westrock Operating Margin by Year
Smurfit Westrock Operating Margin 2025: 7.1%
In 2025, Smurfit Westrock reported operating margin of 7.13%, expanded 2.4 percentage points from 2024.
Smurfit Westrock Operating Margin 2024: 4.8%
Smurfit Westrock operating margin in 2024 was 4.77%, contracted 6.6 percentage points from 2023.
Smurfit Westrock Operating Margin 2023: 11.3%
2023's operating margin for Smurfit Westrock came in at 11.35%, contracted 0.2 percentage points from 2022.
Smurfit Westrock Operating Margin 2022: 11.5%
Smurfit Westrock posted operating margin of 11.53% in 2022, expanded 1.0 percentage points from 2021.
Smurfit Westrock Operating Margin 2021: 10.5%
Smurfit Westrock operating margin in 2021 was 10.53%.
See more financial history for Smurfit Westrock (SW).
Sector peers by Operating Margin
Consumer Cyclical peers of Smurfit Westrock (SW), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
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