SLVM FY 2024 Earnings Report — Sylvamo Corporation Revenue & Financial Results | Market Cap Arena

Sylvamo CorporationSLVM

FY 2024 Earnings

Reported February 20, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$3.8B	—	$3.7B	—	1.4%
Op. Income	$444M	—	$403M	—	10.2%
Gross Margin	24.9%	—	24.5%	—	0.4pp
Net Margin	8.0%	—	6.8%	—	1.2pp
EPS (Diluted)	$7.18	—	$5.93	—	21.1%
Free Cash Flow	$248M	—	$294M	—	-15.6%

Revenue Flow

Item	Amount
REVENUE	$3.8B
Cost of Revenue	$2.8B
GROSS PROFIT	$940M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$311M
Other Expenses	$185M
Operating Expenses	$496M
Cost & Expenses	$3.3B
OPERATING INCOME	$444M
Interest Income	$14M
Interest Expense	$53M
Other Income/Expenses	-$39M
INCOME BEFORE TAX	$405M
Income Tax Expense	$103M
Net Income from Continuing Ops	$302M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$302M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$302M
D&A	$159M
EBIT	$458M
EBITDA	$617M
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$3.8B
Cost of Revenue	$2.8B
GROSS PROFIT	$940M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$311M
Other Expenses	$185M
Operating Expenses	$496M
Cost & Expenses	$3.3B
OPERATING INCOME	$444M
Interest Income	$14M
Interest Expense	$53M
Other Income/Expenses	-$39M
INCOME BEFORE TAX	$405M
Income Tax Expense	$103M
Net Income from Continuing Ops	$302M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$302M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$302M
D&A	$159M
EBIT	$458M
EBITDA	$617M
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$302M
Depreciation & Amortization	$128M
Stock-Based Compensation	$0
Deferred Income Tax	-$7M
Other Non-Cash Items	$54M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$469M
Capital Expenditure	-$221M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$221M
Net Debt Issuance	-$157M
Common Stock Repurchased	-$69M
Common Dividends Paid	-$62M
Other Financing Activities	-$22M
NET CASH FROM FINANCING	-$310M
FREE CASH FLOW	$248M
Net Change in Cash	-$75M

Balance Sheet

Item	Amount
Cash & Equivalents	$205M
Short-Term Investments	$0
Net Receivables	$455M
Inventory	$361M
Other Current Assets	$42M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$1.0B
Goodwill	$111M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$428M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$2.6B
Account Payables	$375M
Short-Term Debt	$22M
Deferred Revenue	$0
Other Current Liabilities	$206M
TOTAL CURRENT LIABILITIES	$682M
Long-Term Debt	$782M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$152M
Other Non-Current Liabilities	$141M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.8B
Common Stock	$45M
Additional Paid-In Capital	$71M
Retained Earnings	$2.5B
Treasury Stock	-$234M
Accum. Other Comp. Income	-$1.5B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$847M
Minority Interest	$0
TOTAL EQUITY	$847M
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$804M
Net Debt	$599M