NYSE : SLVM
Sylvamo Corporation — Financial statements
Materials · Paper & Paper Products · United States
Last price 32.635 USD (Oct 30, 2026, 9:45 AM EDT) · Market cap 1.30B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Sylvamo Corporation (SLVM) reported revenue of 3.30B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.30B | 3.35B | 3.77B | 3.72B | 3.63B | 2.83B |
| Cost of Revenue | 2.62B | 2.62B | 2.83B | 2.81B | 2.62B | 2.14B |
| Gross Profit | 679.00M | 735.00M | 940.00M | 915.00M | 1.01B | 685.00M |
| Selling, General & Admin | 278.00M | 281.00M | 311.00M | 333.00M | 325.00M | 207.00M |
| Other Operating Expenses | 31.00M | 26.00M | 26.00M | 23.00M | 23.00M | 25.00M |
| Operating Expenses | 487.00M | 486.00M | 496.00M | 499.00M | 473.00M | 358.00M |
| Operating Income | 192.00M | 249.00M | 444.00M | 416.00M | 536.00M | 327.00M |
| Interest Expense | -47.00M | -45.00M | -48.00M | -55.00M | -72.00M | -31.00M |
| Interest & Investment Income | 7.00M | 6.00M | 14.00M | 26.00M | 8.00M | 32.00M |
| EBT Excluding Unusual Items | 152.00M | 210.00M | 410.00M | 387.00M | 472.00M | 328.00M |
| Merger & Restructuring Charges | -13.00M | |||||
| Impairment of Goodwill | -11.00M | -11.00M | ||||
| Other Unusual Items | -5.00M | -5.00M | -5.00M | |||
| Pretax Income | 141.00M | 199.00M | 405.00M | 369.00M | 467.00M | 328.00M |
| Income Tax Expense | 65.00M | 67.00M | 103.00M | 116.00M | 131.00M | 101.00M |
| Earnings From Continuing Operations | 76.00M | 132.00M | 302.00M | 253.00M | 336.00M | 227.00M |
| Earnings From Discontinued Operations | -218.00M | 104.00M | ||||
| Net Income | 76.00M | 132.00M | 302.00M | 253.00M | 118.00M | 331.00M |
| Net Income to Common | 76.00M | 132.00M | 302.00M | 253.00M | 118.00M | 331.00M |
| Shares Outstanding (Basic) | 39.65M | 40.10M | 41.10M | 42.00M | 43.90M | 44.00M |
| Shares Outstanding (Diluted) | 39.90M | 40.70M | 42.00M | 42.70M | 44.40M | 44.00M |
| EPS (Basic) | 1.92 | 3.29 | 7.35 | 6.02 | 2.69 | 7.52 |
| EPS (Diluted) | 1.90 | 3.24 | 7.18 | 5.93 | 2.66 | 7.52 |
| Free Cash Flow | -11.00M | 44.00M | 248.00M | 294.00M | 289.00M | 480.00M |
| Free Cash Flow Per Share | -0.28 | 1.08 | 5.91 | 6.88 | 6.51 | 10.91 |
| Dividend Per Share | 1.80 | 1.80 | 1.50 | 1.05 | 0.23 | |
| Gross Margin | 20.59% | 21.93% | 24.91% | 24.59% | 27.81% | 24.22% |
| Operating Margin | 5.82% | 7.43% | 11.77% | 11.18% | 14.77% | 11.56% |
| Profit Margin | 2.31% | 3.94% | 8.00% | 6.80% | 3.25% | 11.70% |
| Free Cash Flow Margin | -0.33% | 1.31% | 6.57% | 7.90% | 7.97% | 16.97% |
| EBITDA | 370.00M | 428.00M | 603.00M | 559.00M | 661.00M | 453.00M |
| EBITDA Margin | 11.22% | 12.77% | 15.98% | 15.02% | 18.22% | 16.02% |
| D&A For EBITDA | 178.00M | 179.00M | 159.00M | 143.00M | 125.00M | 126.00M |
| EBIT | 192.00M | 249.00M | 444.00M | 416.00M | 536.00M | 327.00M |
| EBIT Margin | 5.82% | 7.43% | 11.77% | 11.18% | 14.77% | 11.56% |
| Effective Tax Rate | 46.10% | 33.67% | 25.43% | 31.44% | 28.05% | 30.79% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 123.00M | 135.00M | 205.00M | 220.00M | 360.00M | 159.00M |
| Cash & Short-Term Investments | 123.00M | 135.00M | 205.00M | 220.00M | 360.00M | 159.00M |
| Accounts Receivable | 368.00M | 418.00M | 428.00M | 431.00M | 460.00M | 417.00M |
| Receivables | 392.00M | 443.00M | 455.00M | 455.00M | 480.00M | 428.00M |
| Inventory | 503.00M | 418.00M | 361.00M | 404.00M | 364.00M | 279.00M |
| Restricted Cash | 60.00M | |||||
| Other Current Assets | 89.00M | 80.00M | 42.00M | 54.00M | 39.00M | 242.00M |
| Total Current Assets | 1.11B | 1.08B | 1.06B | 1.19B | 1.24B | 1.11B |
| Property, Plant & Equipment | 1.55B | 1.46B | 1.32B | 1.42B | 1.17B | 1.08B |
| Long-Term Investments | 3.00M | 1.00M | 30.00M | |||
| Goodwill | 121.00M | 114.00M | 111.00M | 139.00M | 128.00M | 122.00M |
| Long-Term Deferred Charges | 101.00M | 95.00M | 106.00M | 115.00M | 135.00M | 144.00M |
| Other Long-Term Assets | 19.00M | 141.00M | ||||
| Total Assets | 2.88B | 2.76B | 2.60B | 2.87B | 2.71B | 2.60B |
| Accounts Payable | 422.00M | 381.00M | 375.00M | 421.00M | 453.00M | 387.00M |
| Accrued Expenses | 52.00M | 55.00M | 79.00M | 63.00M | 81.00M | 48.00M |
| Short-Term Debt | 22.00M | |||||
| Current Portion of Long-Term Debt | 118.00M | 87.00M | 20.00M | 26.00M | 26.00M | 16.00M |
| Current Portion of Leases | 24.00M | 24.00M | 23.00M | 20.00M | 16.00M | 18.00M |
| Current Unearned Revenue | 3.00M | 3.00M | 2.00M | 8.00M | ||
| Other Current Liabilities | 133.00M | 166.00M | 183.00M | 157.00M | 152.00M | 267.00M |
| Total Current Liabilities | 752.00M | 716.00M | 682.00M | 695.00M | 728.00M | 758.00M |
| Long-Term Debt | 814.00M | 758.00M | 771.00M | 922.00M | 989.00M | 1.34B |
| Long-Term Leases | 75.00M | 46.00M | 57.00M | 60.00M | 42.00M | 42.00M |
| Pension & Post-Retirement Benefits | 9.00M | 6.00M | 9.00M | 7.00M | 8.00M | |
| Long-Term Deferred Tax Liabilities | 171.00M | 175.00M | 152.00M | 189.00M | 183.00M | 169.00M |
| Other Long-Term Liabilities | 108.00M | 93.00M | 89.00M | 96.00M | 83.00M | 98.00M |
| Total Liabilities | 1.92B | 1.80B | 1.76B | 1.97B | 2.03B | 2.42B |
| Common Stock | 46.00M | 46.00M | 45.00M | 45.00M | 44.00M | 44.00M |
| Additional Paid-In Capital | 97.00M | 89.00M | 71.00M | 48.00M | 25.00M | 4.00M |
| Retained Earnings | 2.46B | 2.51B | 2.46B | 2.22B | 2.03B | 1.94B |
| Treasury Stock | -336.00M | -330.00M | -234.00M | -158.00M | -82.00M | |
| Comprehensive Income & Other | -1.32B | -1.35B | -1.49B | -1.26B | -1.34B | -1.80B |
| Shareholders' Equity | 955.00M | 966.00M | 847.00M | 901.00M | 678.00M | 182.00M |
| Total Liabilities & Equity | 2.88B | 2.76B | 2.60B | 2.87B | 2.71B | 2.60B |
| Total Debt | 1.03B | 915.00M | 871.00M | 1.03B | 1.07B | 1.44B |
| Net Cash (Debt) | -908.00M | -780.00M | -666.00M | -808.00M | -713.00M | -1.28B |
| Net Cash Per Share | -22.76 | -19.16 | -15.86 | -18.92 | -16.06 | -29.07 |
| Filing Date Shares Outstanding | 39.76M | 39.51M | 40.55M | 41.22M | 42.37M | 43.96M |
| Total Common Shares Outstanding | 39.80M | 39.40M | 40.60M | 41.20M | 42.60M | 43.90M |
| Working Capital | 355.00M | 360.00M | 381.00M | 498.00M | 515.00M | 350.00M |
| Book Value Per Share | 23.99 | 24.52 | 20.86 | 21.87 | 15.92 | 4.15 |
| Tangible Book Value | 834.00M | 852.00M | 736.00M | 762.00M | 550.00M | 60.00M |
| Tangible Book Value Per Share | 20.95 | 21.62 | 18.13 | 18.50 | 12.91 | 1.37 |
| Land | 10.00M | 9.00M | 10.00M | 8.00M | 9.00M | |
| Buildings | 401.00M | 362.00M | 396.00M | 361.00M | 351.00M | |
| Machinery | 4.39B | 4.09B | 4.30B | 3.90B | 3.83B | |
| Construction In Progress | 140.00M | 92.00M | 102.00M | 103.00M | 28.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 76.00M | 132.00M | 302.00M | 253.00M | 118.00M | 331.00M |
| Depreciation & Amortization | 178.00M | 179.00M | 159.00M | 143.00M | 125.00M | 126.00M |
| Asset Writedown & Restructuring Costs | 11.00M | 11.00M | ||||
| Stock-Based Compensation | 11.00M | 18.00M | 23.00M | 23.00M | 20.00M | 14.00M |
| Other Operating Activities | -8.00M | 7.00M | -7.00M | 211.00M | -110.00M | |
| Change in Accounts Receivable | 21.00M | 33.00M | -47.00M | 104.00M | -45.00M | -99.00M |
| Change in Inventory | -90.00M | -14.00M | 25.00M | 6.00M | -99.00M | 12.00M |
| Change in Accounts Payable | 25.00M | -52.00M | 42.00M | -73.00M | 48.00M | 196.00M |
| Change in Other Net Operating Assets | -15.00M | -46.00M | -28.00M | 48.00M | 40.00M | -47.00M |
| Operating Cash Flow | 209.00M | 268.00M | 469.00M | 504.00M | 438.00M | 549.00M |
| Capital Expenditures | -220.00M | -224.00M | -221.00M | -210.00M | -149.00M | -69.00M |
| Cash Acquisitions | -167.00M | |||||
| Divestitures | 324.00M | |||||
| Other Investing Activities | 1.00M | 5.00M | 196.00M | |||
| Investing Cash Flow | -219.00M | -224.00M | -221.00M | -377.00M | 180.00M | 127.00M |
| Long-Term Debt Issued | 229.00M | 250.00M | 446.00M | 75.00M | 1.50B | |
| Long-Term Debt Repaid | -182.00M | -407.00M | -526.00M | -450.00M | -129.00M | |
| Net Debt Issued (Repaid) | 141.00M | 47.00M | -157.00M | -80.00M | -375.00M | 1.37B |
| Repurchase of Common Stock | -42.00M | -82.00M | -69.00M | -70.00M | -80.00M | |
| Common Dividends Paid | -73.00M | -73.00M | -62.00M | -57.00M | -10.00M | |
| Other Financing Activities | -7.00M | -17.00M | -22.00M | -12.00M | -5.00M | -1.96B |
| Financing Cash Flow | 19.00M | -125.00M | -310.00M | -219.00M | -470.00M | -589.00M |
| Foreign Exchange Rate Adjustments | 1.00M | 11.00M | -13.00M | 12.00M | 32.00M | -2.00M |
| Miscellaneous Cash Flow Adjustments | 21.00M | 4.00M | ||||
| Net Cash Flow | 10.00M | -70.00M | -75.00M | -80.00M | 201.00M | 89.00M |
| Free Cash Flow | -11.00M | 44.00M | 248.00M | 294.00M | 289.00M | 480.00M |
| Free Cash Flow Margin | -0.33% | 1.31% | 6.57% | 7.90% | 7.97% | 16.97% |
| Free Cash Flow Per Share | -0.28 | 1.08 | 5.91 | 6.88 | 6.51 | 10.91 |
| Levered Free Cash Flow | -16.38M | -16.50M | 313.50M | 54.62M | 336.00M | 561.00M |
| Unlevered Free Cash Flow | 13.00M | 11.62M | 343.50M | 89.00M | 381.00M | 580.38M |
| Cash Interest Paid | 49.00M | 49.00M | 62.00M | 68.00M | 63.00M | 10.00M |
| Cash Income Tax Paid | 62.00M | 62.00M | 98.00M | 112.00M | ||
| Change in Working Capital | -59.00M | -79.00M | -8.00M | 85.00M | -56.00M | 62.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.32B | 1.90B | 3.24B | 2.04B | 2.14B | 1.23B |
| Enterprise Value | 2.22B | 2.68B | 4.00B | 2.89B | 3.25B | 2.66B |
| Last Close Price | 32.24 | 46.01 | 73.11 | 44.39 | 42.59 | 24.30 |
| PE Ratio | 17.41 | 14.39 | 10.73 | 8.07 | 18.13 | 3.72 |
| Forward PE | 10.35 | 9.70 | 11.67 | 9.18 | 4.75 | 4.46 |
| PS Ratio | 0.39 | 0.57 | 0.86 | 0.55 | 0.59 | 0.43 |
| PB Ratio | 1.34 | 1.97 | 3.83 | 2.27 | 3.15 | 6.76 |
| P/TBV Ratio | 1.54 | 2.23 | 4.40 | 2.68 | 3.89 | 20.50 |
| P/FCF Ratio | 43.16 | 13.07 | 6.94 | 7.40 | 2.56 | |
| P/OCF Ratio | 6.13 | 7.09 | 6.91 | 4.05 | 4.88 | 2.24 |
| PEG Ratio | 0.62 | 6.54 | 2.78 | 0.34 | ||
| EV/Sales Ratio | 0.66 | 0.80 | 1.06 | 0.78 | 0.90 | 0.94 |
| EV/EBITDA Ratio | 5.92 | 6.26 | 6.63 | 5.17 | 4.92 | 5.87 |
| EV/EBIT Ratio | 11.41 | 10.77 | 9.00 | 6.95 | 6.06 | 8.13 |
| EV/FCF Ratio | 60.93 | 16.11 | 9.84 | 11.24 | 5.54 | |
| Debt / Equity Ratio | 1.08 | 0.95 | 1.03 | 1.14 | 1.58 | 7.90 |
| Debt / EBITDA Ratio | 2.41 | 1.89 | 1.33 | 1.66 | 1.50 | 2.94 |
| Debt / FCF Ratio | 20.80 | 3.51 | 3.50 | 3.71 | 3.00 | |
| Net Debt / Equity Ratio | 0.95 | 0.81 | 0.79 | 0.90 | 1.05 | 7.03 |
| Net Debt / EBITDA Ratio | 2.45 | 1.82 | 1.10 | 1.45 | 1.08 | 2.82 |
| Net Debt / FCF Ratio | -82.55 | 17.73 | 2.69 | 2.75 | 2.47 | 2.67 |
| Asset Turnover | 1.19 | 1.25 | 1.38 | 1.33 | 1.37 | 1.03 |
| Inventory Turnover | 5.82 | 6.72 | 7.41 | 7.31 | 8.15 | 6.90 |
| Quick Ratio | 0.65 | 0.77 | 0.93 | 0.94 | 1.13 | 0.76 |
| Current Ratio | 1.47 | 1.50 | 1.56 | 1.72 | 1.71 | 1.46 |
| Return on Equity (ROE) | 7.94% | 14.56% | 34.55% | 32.05% | 78.14% | 19.79% |
| Return on Assets (ROA) | 4.33% | 5.80% | 10.13% | 9.32% | 12.62% | 7.42% |
| Return on Invested Capital (ROIC) | 5.60% | 10.14% | 20.55% | 18.40% | 27.04% | 12.75% |
| Return on Capital Employed (ROCE) | 9.00% | 12.20% | 23.10% | 19.10% | 27.00% | 17.80% |
| Earnings Yield | 5.74% | 6.95% | 9.32% | 12.40% | 5.52% | 26.91% |
| FCF Yield | -0.86% | 2.32% | 7.65% | 14.41% | 13.51% | 39.02% |
| Dividend Yield | 5.40% | 3.74% | 1.88% | 2.12% | 0.45% | |
| Payout Ratio | 94.69% | 55.30% | 20.53% | 22.53% | 8.48% | |
| Buyback Yield / Dilution | 4.20% | 3.09% | 1.64% | 3.83% | -0.91% | |
| Total Shareholder Return | 9.79% | 6.83% | 3.52% | 5.95% | -0.46% |