Sylvamo Corporation produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America. It offers copy, tinted, and colored laser printing paper under the REY brand; and graphic and high-speed inkjet printing papers under the Berga brand; and produces paper used for office printing, business forms, digital printing, offset for printing books, and others, as well as products under the Multicopy brand names. The company also supplies uncoated freesheet paper under Chamex, Chamequinho and Chambril brands. In addition, it provides imaging, commercial printing, and converting papers; copy paper for use in copiers, desktop and laser printers and digital imaging; and uncoated papers under Hammermill, Springhill, Williamsburg, Accent, DRM and Postmark brand names. Further, the company operates integrated mills and non-integrated mills. It distributes its products to end users and converters, agents, resellers, and paper distributors through retail, merchant, and e-commerce channels. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.4B | $423M | $132M | $44M | 13.7% | -11.2% | -56.3% |
| 2024 | $3.8B | $617M | $302M | $248M | 35.7% | 1.4% | 19.4% |
| 2023 | $3.7B | $572M | $253M | $294M | 28.1% | 2.6% | 114.4% |
| 2022 | $3.6B | $669M | $118M | $289M | 17.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,628 | 3,721 | 3,773 | 3,351 |
| Cost Of Revenue | - | 2,619 | 2,809 | 2,833 | 2,616 |
| Gross Profit | - | 1,009 | 912 | 940 | 735 |
| Operating Expense | - | 473 | 509 | 496 | 486 |
| Operating Income | - | 536 | 403 | 444 | 249 |
| EBITDA | - | 669 | 572 | 617 | 423 |
| EBIT | - | 544 | 429 | 458 | 244 |
| Pretax Income | - | 467 | 369 | 405 | 199 |
| Tax Provision | - | 131 | 116 | 103 | 67 |
| Net Income | - | 118 | 253 | 302 | 132 |
| Net Income Common Stockholders | - | 118 | 253 | 302 | 132 |
| Total Expenses | - | 3,092 | 3,318 | 3,329 | 3,102 |
| Interest Expense | - | 77 | 60 | 53 | 45 |
| Interest Income | - | 8 | 26 | 14 | 6 |
| Selling General And Administration | - | 325 | 343 | 311 | 281 |
| Normalized EBITDA | - | 669 | 572 | 617 | 434 |
| Normalized Income | - | 336 | 253 | 302 | 139.26 |
| Market Cap | 1,636.30 | 1,636.30 | 1,636.30 | 1,636.30 | 1,636.30 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Sylvamo Corporationthis co. | SLVM | $1.7B | 12.40β discount | 1.69 | 13.7% | - |
| Tecnoglass Inc. | TGLS | $2.0B | 12.42 | 2.66 | 22.4% | 7.59 |
| Ivanhoe Electric Inc. | IE | $1.9B | - | 4.30 | -25.0% | -16.78 |
| Innospec Inc. | IOSP | $1.9B | 16.47 | 1.45 | 8.8% | 8.41 |
| Worthington Steel, Inc. | WS | $1.9B | 17.32 |
| - |
| - |
| - |
| - |
| - |
| 1.79 |
| 10.3% |
| 9.53 |
| Ecovyst Inc. | ECVT | $1.5B | 279.40 | 2.59 | -11.8% | 11.58 |
| Tronox Holdings plc | TROX | $1.5B | - | 1.08 | -32.4% | 17.20 |
| Critical Metals Corp. | CRML | $1.5B | - | 9.60 | - | -25.14 |
| United States Antimony Corporation | UAMY | $1.4B | - | 9.90 | -3.1% | -182.70 |
| Peer Median | - | 16.90 | 2.63 | -3.1% | 8.00 | |