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SUZ · NYSE · United States · Paper Mills
In shortSuzano 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. | 26.8% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 35.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.1% | 40/100 |
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. | 2.16× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.63× | 11/100 |
| 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. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 27.1% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.01× | 89/100 |
| 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 | -14.9% | 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.
5 older years 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 | 40,965 | 49,831 | 39,756 | 47,403 | 50,116 |
| Cost of revenue | 20,616 | 24,821 | 25,077 | 27,402 | 33,890 |
| Gross profit | 20,350 | 25,010 | 14,679 | 20,002 | 16,226 |
| Operating income | 18,180 | 22,223 | 12,216 | 15,691 | 10,649 |
| Interest expense | 4,221 | 4,590 | 4,659 | 5,542 | 6,884 |
| Pre-tax income | 8,833 | 28,656 | 17,997 | (13,111) | 20,411 |
| Income tax | (197) | (5,261) | (3,891) | 6,066 | (6,973) |
| Net income | 8,626 | 23,382 | 14,085 | (7,074) | 13,408 |
| Diluted EPS | BRL6.39 | BRL17.57 | BRL10.85 | −BRL5.59 | BRL10.82 |
| Diluted shares (millions) | 1,350 | 1,331 | 1,298 | 1,265 | 1,240 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
8/9
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: SEC EDGAR. 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 24, 2026