Sylvamo Corp SLVM

Basic materials SIC 2621 - Paper Mills NAICS Manufacturing › Paper Manufacturing › Pulp, Paper, and Paperboard Mills › Paper Mills derived NYSE

Sylvamo Corporation (the "Company" or "Sylvamo", which may also be referred to as "we" or "us") is a global uncoated papers company with a broad portfolio of top-tier brands and low-cost, large-scale paper mills located in and serving the most attractive geographies, including Europe, Latin America and North America, which are our business segments. We produce uncoated freesheet ("UFS") for paper products such as cutsize and offset paper, as well as market pulp. With roots going back to 1898, we have a long history of offering premium quality papers to meet the needs of our customers and end-users. Our mills in North America and Latin America predominantly rank in the lowest quartile on global and regional UFS cost curves, and we believe our low-cost operations enable us to serve our customers with the highest quality products at attractive margins. Our industry-leading brands, known for their long-standing reputation in their respective markets for product quality and performance, allow us to maintain our long-term relationships with top-tier customers throughout economic cycles. Our international reach and strong positioning across retail, merchant and e-commerce channels optimally positions us to meet the paper needs of our end-users around the world. This also provides geographical diversification of our revenue and profits. From 2023 to 2025, on average, we generated 48% of our revenues and 28% of our Business Segment Operating Profit in Europe and Latin America. Each region in which we operate exhibits different supply and demand characteristics. Both Latin America and North America have strong profitability for the uncoated paper industry relative to other geographies. See Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Business Segment Results - Results of Operations for a definition of Business Segment Operating Profit.

Last close 32.54 2026-10-23
Market cap $1.29B 2026-06-30 share count
52-week range 30.40 - 56.80

Valuation FY2025 figures against the last close

P/S0.4x
P/E10.0x
P/FCF29.4x
EV/EBITDA2.6x
Dividend yield5.6%
Diluted EPS3.24

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States - Reportable Geographical Components
  • Brazil - Reportable Geographical Components
  • Europe - Reportable Geographical Components
  • Other
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 United States - Reportable Geographical Components, FY2025: 1.8B (51.6%) 52% United States - Reportable Geographical Components Brazil - Reportable Geographical Components, FY2025: 904M (26.6%) 27% Europe - Reportable Geographical Components, FY2025: 741M (21.8%) 22% Other, FY2025: 0 (0.0%) FY2024 United States - Reportable Geographical Components, FY2024: 2B (53.3%) 53% Brazil - Reportable Geographical Components, FY2024: 971M (25.5%) 26% Europe - Reportable Geographical Components, FY2024: 801M (21.1%) 21% Other, FY2024: 3M (0.1%) FY2023 United States - Reportable Geographical Components, FY2023: 2B (51.6%) 52% Brazil - Reportable Geographical Components, FY2023: 995M (26.3%) 26% Europe - Reportable Geographical Components, FY2023: 821M (21.7%) 22% Other, FY2023: 11M (0.3%)
Region FY2025FY2024FY2023
United States - Reportable Geographical Components $1.75B $2.03B $1.95B
Brazil - Reportable Geographical Components $904.0M $971.0M $995.0M
Europe - Reportable Geographical Components $741.0M $801.0M $821.0M
Other $0 $3.0M $11.0M

As the company reported it, from the “FINANCIAL INFORMATION BY BUSINESS SEGMENT AND GEOGRAPHIC AREA - Net Sales and Assets by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $3.35B$3.77B$3.72B$3.63B$2.83B$2.38B$4.02B—
SG&A $281.0M$311.0M$343.0M$325.0M$207.0M$202.0M$262.0M—
Operating income $251.0M$453.0M$441.0M$553.0M————
Interest expense $49.0M$57.0M$64.0M$80.0M$32.0M$4.0M$5.0M—
Pre-tax income $199.0M$405.0M$369.0M$467.0M$328.0M$95.0M$502.0M—
Income tax $67.0M$103.0M$116.0M$131.0M$101.0M$8.0M$125.0M—
Net income $132.0M$302.0M$253.0M$118.0M$331.0M$170.0M$377.0M—
EPS, basic 3.297.356.022.687.533.858.55—
EPS, diluted 3.247.185.932.667.533.858.55—
Shares, diluted (wtd. avg.) 40.7M42.0M42.7M44.4M44.0M44.0M44.0M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $135.0M$205.0M$280.0M$360.0M$159.0M$70.0M$89.0M$175.0M
Short-term investments $63.0M$104.0M$109.0M$80.0M$64.0M$36.0M——
Receivables $399.0M$402.0M$404.0M$430.0M$391.0M$398.0M——
Inventory $418.0M$361.0M$404.0M$364.0M$279.0M$342.0M——
Total current assets $1.08B$1.06B$1.19B$1.24B$1.11B$1.12B——
Goodwill $114.0M$111.0M$139.0M$128.0M$122.0M$133.0M$179.0M—
Other intangibles ——$6.0M$7.0M$9.0M$12.0M——
Total assets $2.76B$2.60B$2.87B$2.71B$2.60B$2.91B——
Accounts payable $381.0M$375.0M$421.0M$453.0M$387.0M$284.0M——
Short-term debt $23.0M$22.0M$28.0M$29.0M$19.0M$0——
Total current liabilities $716.0M$682.0M$695.0M$728.0M$758.0M$490.0M——
Long-term debt ————$1.50B———
Retained earnings $2.51B$2.46B$2.22B$2.03B$1.94B$0——
Total equity $966.0M$847.0M$901.0M$678.0M$182.0M$2.11B$2.52B$2.53B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow $268.0M$469.0M$504.0M$438.0M$549.0M$359.0M$524.0M—
Depreciation and amortisation $179.0M$159.0M$143.0M$125.0M$126.0M$135.0M$192.0M—
Stock-based compensation $18.0M$23.0M$23.0M$20.0M$14.0M$15.0M$19.0M—
Capital expenditure $224.0M$221.0M$210.0M$149.0M$69.0M$66.0M$118.0M—
Investing cash flow -$224.0M-$221.0M-$377.0M$180.0M$127.0M-$79.0M-$160.0M—
Financing cash flow -$125.0M-$310.0M-$219.0M-$470.0M-$589.0M-$350.0M-$387.0M—
Dividends paid $73.0M$62.0M$57.0M$10.0M$0$0——
Buybacks $82.0M$69.0M$70.0M$80.0M$0$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001856485-26-000008.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Revenue, FY2019: 4B Net income, FY2019: 377M Revenue, FY2020: 2.4B Net income, FY2020: 170M Revenue, FY2021: 2.8B Net income, FY2021: 331M Revenue, FY2022: 3.6B Net income, FY2022: 118M Revenue, FY2023: 3.7B Net income, FY2023: 253M Revenue, FY2024: 3.8B Net income, FY2024: 302M Revenue, FY2025: 3.4B Net income, FY2025: 132M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $4.02B $2.38B $2.83B $3.63B $3.72B $3.77B $3.35B
Gross profit — — — — — — — —
Net income — $377.0M $170.0M $331.0M $118.0M $253.0M $302.0M $132.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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