Sylvamo Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,431	3,773	3,721	3,628	2,828	2,385
Revenue Growth (YoY)	-8.92%	1.40%	2.56%	28.29%	18.57%	-40.63%
Cost of Revenue	2,659	2,833	2,806	2,619	2,143	1,929
Gross Profit	772	940	915	1,009	685	456
Selling, General & Admin	294	311	333	325	207	202
Other Operating Expenses	24	26	23	23	25	28
Operating Expenses	496	496	499	473	358	365
Operating Income	276	444	416	536	327	91
Interest Expense	-43	-48	-55	-72	-31	-4
Interest & Investment Income	8	14	26	8	32	8
EBT Excluding Unusual Items	241	410	387	472	328	95
Merger & Restructuring Charges	-	-	-13	-	-	-
Other Unusual Items	-	-5	-5	-5	-	-
Pretax Income	241	405	369	467	328	95
Income Tax Expense	61	103	116	131	101	8
Earnings From Continuing Operations	180	302	253	336	227	87
Earnings From Discontinued Operations	-	-	-	-218	104	83
Net Income	180	302	253	118	331	170
Net Income to Common	180	302	253	118	331	170
Net Income Growth	-33.33%	19.37%	114.41%	-64.35%	94.71%	-54.91%
Shares Outstanding (Basic)	41	41	42	44	44	44
Shares Outstanding (Diluted)	41	42	43	44	44	44
Shares Change (YoY)	-2.20%	-1.64%	-3.83%	0.91%	-	-
EPS (Basic)	4.44	7.35	6.02	2.69	7.52	3.86
EPS (Diluted)	4.36	7.18	5.93	2.66	7.52	3.86
EPS Growth	-31.97%	21.08%	122.92%	-64.64%	95.07%	-54.90%
Free Cash Flow	106	248	294	289	480	293
Free Cash Flow Per Share	2.57	5.91	6.88	6.51	10.91	6.66
Dividend Per Share	1.800	1.500	1.050	0.225	-	-
Dividend Growth	33.33%	42.86%	366.67%	-	-	-
Gross Margin	22.50%	24.91%	24.59%	27.81%	24.22%	19.12%
Operating Margin	8.04%	11.77%	11.18%	14.77%	11.56%	3.82%
Profit Margin	5.25%	8.00%	6.80%	3.25%	11.70%	7.13%
Free Cash Flow Margin	3.09%	6.57%	7.90%	7.97%	16.97%	12.29%
EBITDA	454	603	559	661	453	226
EBITDA Margin	13.23%	15.98%	15.02%	18.22%	16.02%	9.48%
D&A For EBITDA	178	159	143	125	126	135
EBIT	276	444	416	536	327	91
EBIT Margin	8.04%	11.77%	11.18%	14.77%	11.56%	3.82%
Effective Tax Rate	25.31%	25.43%	31.44%	28.05%	30.79%	8.42%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.