Smurfit Westrock Q2: $1.14B Adjusted EBITDA, Q3 Guided to ~$1.3B, Full-Year $4.9B–$5.1B

summarizeSummary

Smurfit Westrock reported Q2 2026 Adjusted EBITDA of $1.14 billion on $8.03 billion in sales, guided Q3 to ~$1.3 billion and full-year to $4.9–$5.1 billion, and declared a $0.4523 quarterly dividend.

check_boxKey Events · Earnings and Guidance · SW

• Q2 Adjusted EBITDA of $1.14B

  Net sales rose 1.1% to $8,031 million, while Adjusted EBITDA declined 6.0% to $1,140 million. The margin contracted to 14.2% from 15.3% a year ago, driven by higher freight and energy costs.

• Q3 and Full-Year Guidance

  Management expects Q3 2026 Adjusted EBITDA of approximately $1.3 billion and full-year 2026 Adjusted EBITDA in the range of $4.9 billion to $5.1 billion. This implies a significant second-half ramp as pricing actions offset input cost inflation.

• Quarterly Dividend Declared

  The board approved a quarterly dividend of $0.4523 per ordinary share, payable September 10, 2026 to shareholders of record on August 14, 2026.

• Regional Performance Mixed

  North America Adjusted EBITDA fell to $704 million (margin 14.8%) on flat sales. EMEA & APAC grew Adjusted EBITDA to $380 million (margin 13.4%), while LATAM held steady at $124 million (margin 22.2%).

auto_awesomeAnalysis · SW · Manufacturing

Second-quarter Adjusted EBITDA reached $1.14 billion on net sales of $8.03 billion, though margins compressed year-over-year as higher freight and energy costs offset pricing gains. Looking ahead, management guided third-quarter Adjusted EBITDA to approximately $1.3 billion and full-year 2026 to $4.9–$5.1 billion, signaling confidence that input cost inflation will be recovered through the second half. The company also declared its regular quarterly dividend of $0.4523 per share. For a $26.6 billion market-cap packaging giant, these results and the outlook reinforce the post-merger integration story and the path toward medium-term targets, even as near-term margin pressure from input costs remains a watchpoint.