Earnings Releases·Oct 28, 2026, 6:39 AM ET

Smurfit Westrock — Third Quarter 2026 Earnings Summary

Net sales rose 2.0% year-over-year to $8.16 billion for Q3 2026, while net income declined 10.6% to $219 million and Adjusted EBITDA fell 7.5% to $1.205 billion due to unprecedented cost inflation and weaker converting volumes.
Full-year 2026 Adjusted EBITDA is guided at approximately $4.7 billion, with management expecting to absorb $700 million in additional freight and energy costs, though price increases to offset these expenses are projected to fully realize in 2027.
The company announced the acquisition of CMPC's containerboard assets in Chile, positioning itself as the only pan-regional supplier in Latin America, while implementing an owner-operator model globally to drive productivity.
Capital return initiatives included a quarterly dividend of $0.4523 per share and $238 million in cash dividends paid during the quarter, alongside $514 million in capital expenditures.