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SWBullishEarningsnews
High materiality8/10

Smurfit Westrock posts solid Q2; guides higher EBITDA and cash flow

Jul 29, 2026, 6:36 AM EDT2 sourcesAI-analyzed
Why it may matterVerify against the original reporting

The combination-produced EBITDA uplift and explicit 2H guidance create a near-term upside catalyst, while the dividend adds income support; potential for multiple expansion if cash generation improves post-closures and cost actions.

AI summary

What happened, with direct paths to the underlying reporting

Smurfit Westrock reported a strong Q2 2026 with net sales of $8.031B and Adjusted EBITDA of $1.14B (14.2% margin), supported by $765M of operating cash flow. Management guided 2H Momentum, with Q3 EBITDA of about $1.3B and full-year Adjusted EBITDA guidance of $4.9–$5.1B, signaling improvement despite elevated input costs. The company plans UK mill and eight converting-plant closures and is advancing its North American owner-operator model and pricing actions.

  • SW Q2 2026 net sales $8,031M; net income $88M, 1.1% margin.
  • Adjusted EBITDA $1,140M; EBITDA margin 14.2%; operating cash $765M.
  • Q3 Adj. EBITDA guidance around $1.3B; full-year 2026 $4.9–$5.1B.
  • Plan to close UK mill and 8 converting facilities; NA owner-operator progress.
  • Dividend $0.4523 per share; payable Sept 10, 2026.

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