SLVMNYSEPaper MillsFiscal year ends December 31
Sylvamo Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$31.44−1.33 (-4.06%)
Close on Oct 19, 2026
- Market cap
- $1.25B
- P/E (TTM)
- 16.8
- Dividend yield
- 5.73%
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
21.9%+2.8 pts over 5 years
Operating margin
7.5%
Net margin
3.9%−3.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -11.2% | -2.6% | +7.0% | – | |
| Gross profit | -21.8% | -10.0% | +10.0% | – | |
| Operating income | -44.6% | -23.1% | – | – | |
| Net income | -56.3% | +3.8% | -4.9% | – | |
| EPS, diluted | -54.9% | +6.8% | -3.4% | – | |
| Free cash flow | -82.3% | -46.6% | -31.6% | – | |
| Dividend per share | +9.1% | +55.9% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 7.3% | 14.6% | |
| Return on assets | – | – | 4.9% | |
| Current ratio | – | 2.28 | 1.50 | |
| Debt to equity | – | 0.01 | 0.81 | |
| Net debt to EBITDA | – | – | 1.51× | |
| Interest coverage | – | – | 5.1× | |
| Inventory turnover | – | – | 6.7× | |
| Capex to revenue | – | 2.8% | 6.7% | |
| Diluted shares | – | 44M | 41M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Sylvamo generated $2.23B from operations and spent $1.38B on capital expenditure, dividends and share buybacks. 63% of that went back into the business.
Generated
$2.23B
Used
$1.38B
Capital expenditure$873.00M63%Dividends$202.00M15%Share buybacks$301.00M22%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.9%
×Asset turnover1.25×
×Equity multiplier2.96×
=Return on equity, FY202514.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.9% | 1.25× | 2.96× | 14.6% |
| FY2024 | 8.0% | 1.38× | 3.13× | 34.6% |
| FY2023 | 6.8% | 1.33× | 3.54× | 32.0% |
| FY2022 | 3.3% | 1.37× | 6.17× | 27.4% |
| FY2021 | 11.7% | 1.03× | 2.40× | 28.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$132.00M
- Cash generatingOperating cash flow above zero$268.00M
- Return on assets improvedROA up on the prior year10.5% → 5.1%
- Earnings backed by cashOperating cash flow above net income$268.00M vs $132.00M
- Less leverageLong-term debt to assets fell30.0% → 27.6%
- Better liquidityCurrent ratio rose1.56 → 1.50
- No dilutionShare count did not rise42M → 41M
- Gross margin improvedGross margin up on the prior year24.91% → 21.93%
- More efficientAsset turnover rose1.31 → 1.29