Mercer International Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $2.04B | $1.99B | $2.28B | $1.80B | $1.42B | $1.62B | $1.46B |
| Cost of Revenue | $1.78B | $1.68B | $1.85B | $1.64B | $1.25B | $1.16B | $1.34B | $1.03B |
| Gross Profit | $92.1M | $359.9M | $140.4M | $642.3M | $557.6M | $259.4M | $284.0M | $425.6M |
| Gross Margin | 4.9% | 17.6% | 7.0% | 28.2% | 30.9% | 18.2% | 17.5% | 29.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $114.4M | $116.4M | $123.2M | $105.8M | $78.9M | $66.9M | $74.2M | $61.5M |
| Operating Income | $-397.7M | $15.0M | $-188.8M | $392.4M | $346.6M | $63.7M | $84.0M | $267.9M |
| Operating Margin | -21.3% | 0.7% | -9.5% | 17.2% | 19.2% | 4.5% | 5.2% | 18.4% |
| Interest Expense | $114.8M | $109.2M | $88.2M | $71.5M | $70.0M | $80.7M | $75.8M | $51.5M |
| Pretax Income | $-511.2M | $-86.9M | $-269.8M | $345.3M | $260.6M | $-11.1M | $9.6M | $177.3M |
| Income Tax Expense | $-13.3M | $-1.8M | $-27.8M | $98.3M | $89.6M | $6.1M | $19.2M | $48.7M |
| Net Income | $-497.9M | $-85.1M | $-242.1M | $247.0M | $171.0M | $-17.2M | $-9.6M | $128.6M |
| Net Margin | -26.7% | -4.2% | -12.1% | 10.8% | 9.5% | -1.2% | -0.6% | 8.8% |
| EPS (Basic) | $-7.44 | $-1.27 | $-3.65 | $3.74 | $2.59 | $-0.26 | $-0.15 | $1.97 |
| EPS (Diluted) | $-7.44 | $-1.27 | $-3.65 | $3.71 | $2.58 | $-0.26 | $-0.15 | $1.96 |
| Shares Outstanding (Basic) | 66.9M | 66.8M | 66.4M | 66.1M | 65.9M | 65.8M | 65.6M | 65.1M |
| Shares Outstanding (Diluted) | 66.9M | 66.8M | 66.4M | 66.6M | 66.3M | 65.8M | 65.6M | 65.8M |
| Dividends Per Share | $0.15 | $0.30 | $0.30 | $0.30 | $0.26 | $0.33 | $0.54 | $0.50 |