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NEMO3 · B3 · Brazil · Emp. Adm. Part. - Papel e Celulose
In shortSuzano Holding S.A. is profitable, generates cash and carries heavy debt, with revenue growing (+5.7% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 21.2% | 87/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.0% | 52/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 37.3% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.6% | 44/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.19× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 8.08× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.17× | 24/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.55× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.78 | 17/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 26.8% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.37× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 20.8% | 34/100 |
| Operating margin volatility | 9.9% | 19/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 0.2% | 18/100 |
|---|---|---|
| EPS growth, 3-year average | -46.7% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
BRL millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 40,973 | 49,836 | 39,760 | 47,405 | 50,116 |
| Cost of revenue | 20,617 | 24,823 | 25,079 | 27,403 | 33,890 |
| Gross profit | 20,355 | 25,013 | 14,682 | 20,003 | 16,226 |
| Selling, general & admin | 3,877 | 4,203 | 4,526 | 5,566 | 6,105 |
| Operating income | 18,178 | 22,216 | 12,213 | 15,686 | 10,647 |
| Interest expense | 9,620 | 4,591 | 4,699 | 30,609 | 6,884 |
| Pre-tax income | 8,832 | 28,654 | 17,962 | (13,155) | 20,417 |
| Income tax | 197 | 5,261 | 3,893 | 6,063 | 6,974 |
| Net income | 2,349 | 6,460 | 3,949 | (2,112) | 3,990 |
| Diluted EPS | BRL12.86 | BRL35.35 | BRL12.95 | −BRL3.47 | BRL5.36 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
1.78 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: CVM (dados.cvm.gov.br). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 18, 2026