• Smurfit Westrock average ebitda margin for 2023 was 16.97%, a 60% decline from 2022.
• Smurfit Westrock average ebitda margin for 2022 was 42.43%, a 8% decline from 2021.
• Smurfit Westrock average ebitda margin for 2021 was 46.12%, a 0.35% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.