Skip to the list

Pulp and paper

The 7 companies in this industry listed on the NYSE and Nasdaq are worth $14 bn combined; the largest are Suzano (SUZ), Sylvamo (SLVM) and Mativ Holdings, Inc. (MATV). For each one: what it does, revenue, margin, free cash flow over the last five years and a score from 0 to 10.

Data as of October 2026

Clear leader
7 companies value 14 bn revenue 23 bn margin 4.3% free cash flow 2.8 bn avg. score 3.3
SUZ holds 77.9% of the group's value, 8.6x the runner-up
Rank Ticker Company Share Value Revenue Margin FCF 5 years FCF/px Yield What it does · why it is here
1 SUZ Suzano
Brazil · score 6.2
78% 11 bn 9.5 bn 17.1% 2.6 bn 23.9% 0.0% World's largest producer of eucalyptus pulp · World's largest eucalyptus pulp producer and the lowest-cost on the planet
2 SLVM Sylvamo
United States · score 3.5
9% 1.3 bn 3.3 bn 2.3% -0.0 bn -0.9% 5.8% Printing and writing paper · Global leader in printing paper; spun off from International Paper
3 MATV Mativ Holdings, Inc.
United States · score 6.1
5% 0.6 bn 2.0 bn 4.5% 0.1 bn 20.3% 3.6% Specialty materials for connection, protection and purification · Georgia — revenue of $2bn
4 RYAM RAYONIER ADVANCED MATERIALS INC.
United States · score 1.9
3% 0.5 bn 1.5 bn -9.5% 0.1 bn 11.1% — Specialty cellulose, paperboard and high-yield pulp · Florida — revenue of $1.5bn
5 MAGN Magnera Corp
United States · score 2.3
3% 0.4 bn 3.3 bn -3.4% 0.1 bn 28.8% — Nonwovens and materials for disposable and durable products · North Carolina — revenue of $3.3bn
6 CLW Clearwater Paper Corp
United States · score 3.1
2% 0.3 bn 1.5 bn -3.2% 0.1 bn 18.8% — Paperboard for packaging and food service · Washington — revenue of $1.5bn
7 MERC Mercer International
United States · score 0.0
0% 0.0 bn 1.9 bn -27.9% -0.1 bn -12x 39.5% Long-fiber pulp and wood products · Long-fiber pulp and lumber, with mills in Europe and Canada

Other industries in the same sector

and 13 industries more
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.

The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.

Have a question or a suggestion, or found a mistake?

Write here: a question about the score, a missing company or industry, a number that looks wrong. Every message is read, and the email is so I can reply.