Smurfit WestRock (MEX:SW1 N) Gross Margin %: 16.44% (As of Mar. 2026) — 45% Below Median


MEX:SW1 N Smurfit WestRock PLC MEX:SW1 N
47 GF Score
Price MXN680.00
GF Value MXN682.34
Valuation Fairly Valued
! 8 Warning Signs
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What is Smurfit WestRock Gross Margin %?

Smurfit WestRock MEX:SW1 N 47 Gross Margin % is 16.44% as of Mar. 2026, which is 45% below its 10-year median of 30.05. GuruFocus rates MEX:SW1 N with a GF Score™ of 47/100 and a GF Value™ of MXN682.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 383 Packaging & Containers companies, Smurfit WestRock ranks worse than 60.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Smurfit WestRock's Gross Profit for the three months ended in Mar. 2026 was MXN22,865 Mil. Smurfit WestRock's Revenue for the three months ended in Mar. 2026 was MXN139,068 Mil. Therefore, Smurfit WestRock's Gross Margin % for the quarter that ended in Mar. 2026 was 16.44%.

Warning Sign:

Smurfit WestRock PLC gross margin has been in long-term decline. The average rate of decline per year is -10.8%.


The historical rank and industry rank for Smurfit WestRock's Gross Margin % or its related term are showing as below:

MEX:SW1 N' s Gross Margin % Range Over the Past 10 Years
Min: 18.36   Med: 30.05   Max: 33.69
Current: 18.36


During the past 13 years, the highest Gross Margin % of Smurfit WestRock was 33.69%. The lowest was 18.36%. And the median was 30.05%.

MEX:SW1 N's Gross Margin % is ranked worse than
60.05% of 383 companies
in the Packaging & Containers industry
Industry Median: 21.27 vs MEX:SW1 N: 18.36

Smurfit WestRock had a gross margin of 16.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Smurfit WestRock was -10.80% per year.


Smurfit WestRock  (MEX:SW1 N) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Smurfit WestRock had a gross margin of 16.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Smurfit WestRock Gross Margin % Related Terms


Smurfit WestRock Gross Margin % Historical Data

* Premium members only.

The historical data trend for Smurfit WestRock's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Smurfit WestRock Gross Margin % Chart

Smurfit WestRock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.59 24.22 25.25 19.87 19.38

Smurfit WestRock Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.60 19.08 19.61 18.23 16.44

MEX:SW1 N vs PKG, AMCR, IP: Gross Margin % Comparison

For the Packaging & Containers subindustry, Smurfit WestRock's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Smurfit WestRock Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit WestRock's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Smurfit WestRock's Gross Margin % falls into.


MEX:SW1 N
47GF Score
Smurfit WestRock PLC MEX:SW1 N
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smurfit WestRock Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Smurfit WestRock's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=108808.4 / 561399.721
=(Revenue - Cost of Goods Sold) / Revenue
=(561399.721 - 452591.276) / 561399.721
=19.38 %

Smurfit WestRock's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=22865.5 / 139068.183
=(Revenue - Cost of Goods Sold) / Revenue
=(139068.183 - 116202.719) / 139068.183
=16.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 16.44% mean?
Smurfit WestRock (MEX:SW1 N) has a Gross Margin % of 16.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Smurfit WestRock and its competitors. This is 45% below median its historical median of 30.05. Over the past decade, Smurfit WestRock's Gross Margin % has ranged from 18.36 to 33.69. According to the industry distribution chart, Smurfit WestRock ranks #230 out of 383 companies in the Packaging & Containers industry, placing it in the top 60.1%.
Is Smurfit WestRock's Gross Margin % too high?
Smurfit WestRock's current Gross Margin % of 16.44% is 45% below median its 10-year median of 30.05. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 33.69. The Packaging & Containers industry median Gross Margin % is 21.27. Smurfit WestRock's value of 16.44% is 22.7% below this industry median. Based on the distribution chart, Smurfit WestRock ranks #230 out of 383 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Smurfit WestRock has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smurfit WestRock's Gross Margin % compare to PKG and AMCR?
According to the Packaging & Containers industry distribution chart, Smurfit WestRock ranks #230 out of 383 companies for Gross Margin %. This places Smurfit WestRock in the lower half of its industry. The industry median Gross Margin % is 21.27. Smurfit WestRock's value of 16.44% is 22.7% below this benchmark. Historically, Smurfit WestRock's own Gross Margin % has ranged from 18.36 to 33.69 over the past decade. While the company's 10-year median is 30.05 vs. the industry median of 21.27, Smurfit WestRock has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.27, based on 383 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smurfit WestRock's current Gross Margin % of 16.44% is 22.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Smurfit WestRock and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smurfit WestRock's current Gross Margin % is 16.44%, which is 45% below median its own 10-year median of 30.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smurfit WestRock stock overvalued right now?
Based on GuruFocus' analysis, Smurfit WestRock (MEX:SW1 N) is currently considered Fairly Valued. The stock's GF Value™ is MXN682.34, compared to a current price of MXN680.00 — trading 0.3% below its estimated fair value. The current Gross Margin % is 16.44%, which is 45% below median its 10-year median of 30.05 and 22.7% below the Packaging & Containers industry median of 21.27. Smurfit WestRock's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Smurfit WestRock (MEX:SW1 N), the current Gross Margin % is 16.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Smurfit WestRock (MEX:SW1 N) Overvalued in 2026?

Based on GuruFocus' analysis, Smurfit WestRock stock appears to be undervalued. The current stock price of MXN680.00 is trading 0.3% below its estimated GF Value™ of MXN682.34. GuruFocus considers Smurfit WestRock to be Fairly Valued.

Key valuation signals for MEX:SW1 N:

  • Gross Margin %: 16.44% (45% below median its 10-year median of 30.05)
  • GF Value™: MXN682.34 vs. price of MXN680.00 (0.3% below fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 22.7% below the Packaging & Containers median (#230 of 383)

No single metric tells the full story. See the MEX:SW1 N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smurfit WestRock Business Description

Address Beech Hill, Clonskeagh, Dublin 4, Dublin, IRL, D04 N2R2
Smurfit WestRock PLC manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. operates a vertically integrated system supplying wood and recovered fiber to produce various grades of board, which are then converted into packaging products. Its main packaging categories include corrugated containers and consumer packaging, with additional products such as solidboard, kraft paper, graphic board, paper sacks, and bag-in-box packaging. The company's geographical segments include North America (including the U.S., Canada and Mexico), Europe, the Middle East and Africa and Asia-Pacific, and Latin America. The majority of the company's revenue is derived from product sales in the North American region.
47GF Score

Get the complete analysis for MEX:SW1 N

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN680.00
Price
MXN682.34
GF Value