Smurfit Westrock Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 net sales $8,161 million, up from $8,003 million year over year
- ➤Q3 net income $219 million, down from $245 million year over year
- ➤Q3 Adjusted EBITDA $1,205 million, down from $1,302 million year over year
- ➤2026 Adjusted EBITDA outlook approximately $4.7 billion amid unprecedented cost inflation
- ➤Quarterly dividend $0.4523 per share payable December 10, 2026
Expert Statements
Tony Smurfit, President and CEO of Smurfit Westrock plc
“Set against unprecedented cost inflation and somewhat weaker than anticipated converting volumes, our third quarter performance of Adjusted EBITDA¹ of $1,205 million with an Adjusted EBITDA Margin¹ of 14.8% represents a resilient performance.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“Across all our regions we continue to make good progress in implementing our owner operator model and developing our innovative packaging approach for our customers. We have also implemented significant pricing initiatives across most paper grades and we expect these should more than offset input costs as these increases are passed through.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“Our North American business continues to make good progress.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“We remain sold out in all containerboard grades, and most consumer grades, and our converting businesses in both business areas continue to improve.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“Our focus on quality and service, as well as investment in productivity and efficiency, is winning customers and has established a strong foundation for future performance.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“In both Corrugated and Consumer, we continue to see a reduction in loss makers and are optimizing our businesses to improve returns.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“Our EMEA & APAC business continues to outperform in a market that is heavily impacted by rising energy costs.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“Containerboard price increases to offset costs have been implemented and are being passed on with the normal time lag.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“In our Latin American region, during the third quarter, we announced our agreement to acquire the containerboard assets of CMPC in Chile.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“For full year 2026, we now estimate our Adjusted EBITDA(2) to be approximately $4.7 billion.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“For example, for the full year 2026 we expect to absorb approximately $700 million of additional freight and energy costs alone, significantly more than anticipated.”
Tony Smurfit, President and CEO of Smurfit Westrock plc
“We have, and are, implementing price increases to more than offset these costs, the full benefits of which we expect to realize into 2027.”
Smurfit Westrock plc (NYSE: SW) today announced the financial results for the third quarter ended September 30, 2026.
* Adjusted EBITDA(1) of $1,205 million, with an Adjusted EBITDA Margin(1) of 14.8%
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