MERCER INTERNATIONAL INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.9B | $2.0B | $2.0B | $2.3B | $1.8B |
| Selling, general & administrative | $114.4M | $116.4M | $123.2M | $105.8M | $78.9M |
| Operating income | -$397.7M | $15.0M | -$188.8M | $392.4M | $346.6M |
| Pretax income | -$511.2M | -$86.9M | -$269.8M | $345.3M | $260.6M |
| Income tax expense | -$13.3M | -$1.8M | -$27.8M | $98.3M | $89.6M |
| Net income | -$497.9M | -$85.1M | -$242.1M | $247.0M | $171.0M |
| Balance Sheet | |||||
| Cash and equivalents | $186.8M | $184.9M | $314.0M | $354.0M | $345.6M |
| Current assets | $865.8M | $910.0M | $1.1B | $1.2B | $1.1B |
| Total assets | $2.0B | $2.3B | $2.7B | $2.7B | $2.4B |
| Current liabilities | $283.6M | $256.5M | $286.4M | $378.1M | $283.1M |
| Total liabilities | $2.0B | $1.8B | $2.0B | $1.9B | $1.7B |
| Total debt | $1.6B | $1.4B | $1.6B | $1.3B | $1.2B |
| Stockholders' equity | $68.1M | $429.8M | $635.4M | $838.8M | $694.0M |
| Cash Flow Statement | |||||
| Cash from operations | $8.6M | $90.2M | -$69.0M | $360.7M | $182.2M |
| Depreciation and amortization | $160.0M | $170.8M | $172.5M | $144.2M | $132.2M |
| Stock-based compensation | $2.3M | $3.9M | $5.9M | $6.7M | $2.4M |
| Capital expenditure | $88.6M | $84.3M | $136.3M | $178.7M | $159.4M |
| Free cash flow | -$80.0M | $5.9M | -$205.3M | $181.9M | $22.8M |
| Dividends paid | $10.0M | $20.1M | $19.9M | $19.8M | $17.2M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $0 | $34.3M | $0 | $0 | — |
Shares outstanding 67.0M · Free float 56.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.