Sylvamo Corp (SLVM) financial statements: income statement, balance sheet and cash flow

Sylvamo Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Sylvamo Corp reported revenue of $3.4B (-11.2% year on year) and net income of $132.0M (-56.3% year on year).

Income statement

Sylvamo Corp income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
NET SALES	$3.4B	$3.8B	$3.7B	$3.6B
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below)	$2.6B	$2.8B	$2.8B	$2.6B
Selling and administrative expenses	$281.0M	$311.0M	$343.0M	$325.0M
Depreciation, amortization and cost of timber harvested	$179.0M	$159.0M	$143.0M	$125.0M
Taxes other than payroll and income taxes	$26.0M	$26.0M	$23.0M	$23.0M
Interest expense (income), net	$39.0M	$39.0M	$34.0M	$69.0M
Goodwill and Intangible Asset Impairment	$11.0M	—	—	—
Income (loss) before income taxes	$199.0M	$405.0M	$369.0M	$467.0M
Income tax provision	$67.0M	$103.0M	$116.0M	$131.0M
NET INCOME	$132.0M	$302.0M	$253.0M	$118.0M
Basic	$3.29	$7.35	$6.02	$2.68
Diluted	$3.24	$7.18	$5.93	$2.66

Sylvamo Corp income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
NET SALES	$806.0M	$755.0M	$846.0M	$794.0M
Cost of products sold (exclusive of depreciation, amortization and cost of timber harvested shown separately below)	$674.0M	$630.0M	$624.0M	$640.0M
Selling and administrative expenses	$69.0M	$73.0M	$68.0M	$72.0M
Depreciation, amortization and cost of timber harvested	$43.0M	$41.0M	$49.0M	$45.0M
Taxes other than payroll and income taxes	$8.0M	$8.0M	$8.0M	$7.0M
Interest expense, net	$11.0M	$9.0M	$9.0M	$10.0M
INCOME (LOSS) BEFORE INCOME TAXES	$1.0M	($6.0M)	$88.0M	$20.0M
Income tax provision	$12.0M	($3.0M)	$31.0M	$5.0M
NET INCOME (LOSS)	($11.0M)	($3.0M)	$57.0M	$15.0M
Earnings (loss) per share - basic	-$0.28	-$0.08	$1.43	$0.37
Earnings (loss) per share - diluted	-$0.28	-$0.08	$1.41	$0.37

Balance sheet

Sylvamo Corp balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and temporary investments	$135.0M	$205.0M	$220.0M	$360.0M
Accounts and notes receivable (less allowances of $17 in 2025 and $21 in 2024)	$424.0M	$429.0M	$428.0M	$450.0M
Contract assets	$19.0M	$26.0M	$27.0M	$30.0M
Inventories	$418.0M	$361.0M	$404.0M	$364.0M
Other current assets	$80.0M	$42.0M	$54.0M	$39.0M
Total Current Assets	$1.1B	$1.1B	$1.2B	$1.2B
Plants, Properties and Equipment, net	$1.0B	$944.0M	$1.0B	$817.0M
Forestlands	$364.0M	$319.0M	$364.0M	$322.0M
Goodwill	$114.0M	$111.0M	$139.0M	$128.0M
Right of Use Assets	$48.0M	$58.0M	$58.0M	$35.0M
Deferred Charges and Other Assets	$114.0M	$109.0M	$116.0M	$165.0M
TOTAL ASSETS	$2.8B	$2.6B	$2.9B	$2.7B
Accounts payable	$381.0M	$375.0M	$421.0M	$453.0M
Notes payable and current maturities of long-term debt	$90.0M	$22.0M	$28.0M	$29.0M
Accrued payroll and benefits	$55.0M	$79.0M	$63.0M	$81.0M
Other current liabilities	$190.0M	$206.0M	$183.0M	$165.0M
Total Current Liabilities	$716.0M	$682.0M	$695.0M	$728.0M
Long-Term Debt	$763.0M	$782.0M	$931.0M	$1.0B
Deferred Income Taxes	$175.0M	$152.0M	$189.0M	$183.0M
Other Liabilities	$143.0M	$141.0M	$156.0M	$118.0M
Common stock $1.00 par value, 200.0 shares authorized, 45.6 shares and 44.9 shares issued and 39.4 shares and 40.6 shares outstanding at December 31, 2025 and 2024, respectively	46.0M	45.0M	45.0M	44.0M
Paid-in capital	$89.0M	$71.0M	$48.0M	$25.0M
Retained earnings	$2.5B	$2.5B	$2.2B	$2.0B
Accumulated other comprehensive loss	($1.4B)	($1.5B)	($1.3B)	($1.3B)
Stockholders' Equity before Treasury Stock	$1.3B	$1.1B	$1.1B	$760.0M
Less: Common stock held in treasury, at cost, 6.2 shares and 4.3 shares at December 31, 2025 and December 31, 2024, respectively	-330.0M	-234.0M	-158.0M	-82.0M
Total Equity	$966.0M	$847.0M	$901.0M	$678.0M
TOTAL LIABILITIES AND EQUITY	$2.8B	$2.6B	$2.9B	$2.7B

Sylvamo Corp balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and temporary investments	$123.0M	$130.0M	$94.0M	$113.0M
Accounts and notes receivable, net	$366.0M	$378.0M	$393.0M	$383.0M
Contract assets	$26.0M	$20.0M	$18.0M	$21.0M
Inventories	$503.0M	$483.0M	$434.0M	$396.0M
Other current assets	$89.0M	$86.0M	$51.0M	$64.0M
Total Current Assets	$1.1B	$1.1B	$990.0M	$977.0M
Plants, Properties and Equipment, net	$1.1B	$1.1B	$1.0B	$1.0B
Forestlands	$393.0M	$389.0M	$378.0M	$367.0M
Goodwill	$121.0M	$121.0M	$128.0M	$126.0M
Right of Use Assets	$60.0M	$54.0M	$53.0M	$57.0M
Deferred Charges and Other Assets	$101.0M	$109.0M	$109.0M	$107.0M
TOTAL ASSETS	$2.9B	$2.8B	$2.7B	$2.7B
Accounts payable	$422.0M	$407.0M	$383.0M	$371.0M
Notes payable and current maturities of long-term debt	$121.0M	$155.0M	$30.0M	$46.0M
Accrued payroll and benefits	$52.0M	$56.0M	$57.0M	$53.0M
Other current liabilities	$157.0M	$140.0M	$183.0M	$165.0M
Total Current Liabilities	$752.0M	$758.0M	$653.0M	$635.0M
Long-Term Debt	$843.0M	$766.0M	$778.0M	$767.0M
Deferred Income Taxes	$171.0M	$179.0M	$148.0M	$151.0M
Other Liabilities	$154.0M	$152.0M	$147.0M	$156.0M
Common stock $1.00 par value, 200.0 shares authorized, 46.0 shares and 45.6 shares issued and 39.8 shares and 39.4 shares outstanding at June 30, 2026 and December 31, 2025, respectively	46.0M	46.0M	45.0M	45.0M
Paid-in capital	$97.0M	$93.0M	$89.0M	$85.0M
Retained earnings	$2.5B	$2.5B	$2.5B	$2.5B
Accumulated other comprehensive loss	($1.3B)	($1.3B)	($1.3B)	($1.3B)
Stockholders' equity before treasury stock	$1.3B	$1.3B	$1.3B	$1.2B
Less: Common stock held in treasury, at cost, 6.2 shares and 6.2 shares at June 30, 2026 and December 31, 2025, respectively	-336.0M	-336.0M	-330.0M	-288.0M
Total Equity	$955.0M	$979.0M	$977.0M	$959.0M
TOTAL LIABILITIES AND EQUITY	$2.9B	$2.8B	$2.7B	$2.7B

Cash flow statement

Sylvamo Corp cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$132.0M	$302.0M	$253.0M	$336.0M
Depreciation, amortization and cost of timber harvested	$179.0M	$159.0M	$143.0M	$125.0M
Deferred income tax provision (benefit), net	$7.0M	($7.0M)	$0	($7.0M)
Stock-based compensation	$18.0M	$23.0M	$23.0M	$20.0M
Goodwill and Intangible Asset Impairment	$11.0M	—	—	—
Accounts and notes receivable	$33.0M	($47.0M)	$104.0M	($45.0M)
Inventories	($14.0M)	$25.0M	$6.0M	($99.0M)
Accounts payable and accrued liabilities	($52.0M)	$42.0M	($73.0M)	$48.0M
Other	($46.0M)	($28.0M)	$48.0M	$40.0M
CASH PROVIDED BY OPERATING ACTIVITIES	$268.0M	$469.0M	$504.0M	$438.0M
Invested in capital projects	($224.0M)	($221.0M)	($210.0M)	($149.0M)
Acquisition of business	$0	$0	($167.0M)	—
CASH USED FOR INVESTING ACTIVITIES	($224.0M)	($221.0M)	($377.0M)	$180.0M
Dividends paid	($73.0M)	($62.0M)	($57.0M)	($10.0M)
Issuance of debt	$229.0M	$250.0M	$446.0M	$75.0M
Reduction of debt	($182.0M)	($407.0M)	($526.0M)	($450.0M)
Repurchases of common stock	($82.0M)	($69.0M)	($70.0M)	($80.0M)
Other	($17.0M)	$0	$0	$10.0M
CASH USED FOR FINANCING ACTIVITIES	($125.0M)	($310.0M)	($219.0M)	($470.0M)
Effect of Exchange Rate Changes on Cash	$11.0M	($13.0M)	$12.0M	$32.0M
Change in Cash, Temporary Investments and Restricted Cash	($70.0M)	($75.0M)	($80.0M)	$201.0M
Beginning of the period	$205.0M	$280.0M	$360.0M	$159.0M
End of the period	$135.0M	$205.0M	$280.0M	$360.0M

Sylvamo Corp cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income (loss)	($14.0M)	($3.0M)	$99.0M	$42.0M
Depreciation, amortization and cost of timber harvested	$84.0M	$41.0M	$134.0M	$85.0M
Deferred income tax provision (benefit), net	$0	($4.0M)	($10.0M)	($5.0M)
Stock-based compensation	$6.0M	$3.0M	$17.0M	$13.0M
Foreign exchange gain on intercompany note	($20.0M)	($19.0M)	—	—
Accounts and notes receivable	$65.0M	$54.0M	$69.0M	$77.0M
Inventories	($76.0M)	($56.0M)	($34.0M)	$0
Accounts payable and accrued liabilities	($2.0M)	($23.0M)	($63.0M)	($79.0M)
Other	($15.0M)	($3.0M)	($38.0M)	($46.0M)
CASH PROVIDED BY OPERATING ACTIVITIES	$28.0M	($10.0M)	$174.0M	$87.0M
Invested in capital projects	($110.0M)	($49.0M)	($168.0M)	($114.0M)
Other	$1.0M	—	—	—
CASH USED FOR INVESTMENT ACTIVITIES	($109.0M)	($49.0M)	($168.0M)	($114.0M)
Dividends paid	($36.0M)	($18.0M)	($55.0M)	($36.0M)
Issuance of debt	$571.0M	$114.0M	$67.0M	$48.0M
Reduction of debt	($469.0M)	($47.0M)	($65.0M)	($40.0M)
Repurchases of common stock	$0	$0	($82.0M)	($40.0M)
Other	$2.0M	$4.0M	$7.0M	($8.0M)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	$68.0M	$53.0M	($128.0M)	($76.0M)
Effect of Exchange Rate Changes on Cash	$1.0M	$1.0M	$11.0M	$11.0M
Change in Cash and Temporary Investments	($12.0M)	($5.0M)	($111.0M)	($92.0M)
Beginning of the period	$135.0M	$135.0M	$205.0M	$205.0M
End of the period	$123.0M	—	$94.0M	$113.0M

Sylvamo Corp score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.