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Mercer International Inc.(MERC)Earnings, Financials & Key Ratios
MERC•NASDAQ
$1.11
$74M mkt cap·Price updated May 6, 2026
SectorBasic MaterialsIndustryPaper & Forest ProductsSub-IndustryIntegrated forestry and wood processing
AboutMercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. The company operates through two segments, Pulp and Wood Products. It also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, the company manufactures, distributes, and sells lumber and other wood residuals. Further, it produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. The company sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.Show more
- Revenue$1.87B-8.6%
- EBITDA-$22M-383.1%
- Net Income-$498M-484.8%
- EPS (Diluted)-7.44-485.8%
- Gross Margin-3.62%-139.1%
- EBITDA Margin-1.18%-409.6%
- Operating Margin-9.75%-1427.1%
- Net Margin-26.65%-539.7%
- ROE-200.02%-1151.2%
- ROIC-8.47%-1486.1%
- Debt/Equity23.64+581.4%
- Interest Coverage-1.59-878.3%
MERC Key Insights
Mercer International Inc. (MERC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 1.1x book value
✗Weaknesses
- ✗High debt to equity ratio of 23.6x
- ✗Profits declining 95.9% over 5 years
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 5 (bottom 5%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MERC Price & Volume
Mercer International Inc. (MERC) stock price & volume — 10-year historical chart
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MERC Growth Metrics
Mercer International Inc. (MERC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.1%
5 Years5.59%
3 Years-6.44%
TTM-8.58%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-484.78%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-485.83%
Return on Capital
10 Years6.85%
5 Years3.64%
3 Years-5.66%
Last Year-9.67%
MERC Recent Earnings
Mercer International Inc. (MERC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 6/12 qtrs (50%)
Q1 2026Latest
Feb 12, 2026EPS
$1.39
Est $0.70
-98.3%
Revenue
$450M
Est $480M
-6.3%
Q4 2025
Nov 6, 2025EPS
$0.97
Est $0.89
-9.0%
Revenue
$458M
Est $460M
-0.4%
Q3 2025
Jul 31, 2025EPS
$1.29
Est $0.73
-76.7%
Revenue
$454M
Est $483M
-6.0%
Q2 2025
May 1, 2025EPS
$0.33
Est $0.15
-120.0%
Revenue
$507M
Est $514M
-1.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $1.39vs $0.70-98.3% | $450Mvs $480M-6.3% |
| Q4 2025 | Nov 6, 2025 | $0.97vs $0.89-9.0% | $458Mvs $460M-0.4% |
| Q3 2025 | Jul 31, 2025 | $1.29vs $0.73-76.7% | $454Mvs $483M-6.0% |
| Q2 2025 | May 1, 2025 | $0.33vs $0.15-120.0% | $507Mvs $514M-1.5% |
Based on last 12 quarters of dataView full earnings history →
MERC Peer Comparison
Mercer International Inc. (MERC) competitors in Integrated forestry and wood processing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLW | 229.46M | 14.23 | -11.48 | 12.42% | -1.76% | -3.31% | 0.51 | |
 SLVM | 2.02B | 44.83 | 6.24 | 1.4% | 5.25% | 18.42% | 0.95 | |
 GEF | 3.23B | 68.22 | 4.55 | -1% | 29% | 33.73% | 0.52 | |
 SON | 5.16B | 52.30 | 13.14 | 41.72% | 13.83% | 30.03% | 1.34 | |
 IP | 17.75B | 33.52 | -5.00 | 33.71% | -13.42% | -20.44% | 0.73 | |
 PKG | 20.24B | 226.82 | 26.44 | 7.23% | 8.6% | 16.73% | 0.95 | |
 WY | 17.33B | 24.04 | 53.42 | -3.07% | 5.74% | 4.2% | 0.59 | |
 PCH | 3.23B | 41.73 | 149.04 | 3.71% | 5.76% | 3.26% | 0.51 |
Compare MERC vs Peers
Mercer International Inc. (MERC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MERC Income Statement
Mercer International Inc. (MERC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.17B | 1.46B | 1.62B | 1.42B | 1.8B | 2.28B | 1.99B | 2.04B | 1.87B |
| Revenue Growth % | 25.5% | 24.68% | 11.44% | -12.39% | 26.71% | 26.49% | -12.59% | 2.48% | -8.58% |
| Cost of Goods Sold | 952.41M | 1.13B | 1.47B | 1.29B | 1.38B | 1.78B | 2.03B | 1.85B | 1.94B |
| COGS % of Revenue | 81.46% | 77.41% | 90.26% | 90.82% | 76.4% | 78.16% | 101.6% | 90.73% | 103.62% |
| Gross Profit | 216.73M▲ 0% | 329.33M▲ 52.0% | 158.23M▼ 52.0% | 130.6M▼ 17.5% | 425.52M▲ 225.8% | 498.2M▲ 17.1% | -31.86M▼ 106.4% | 189.36M▲ 694.3% | -67.63M▼ 135.7% |
| Gross Margin % | 18.54% | 22.59% | 9.74% | 9.18% | 23.6% | 21.84% | -1.6% | 9.27% | -3.62% |
| Gross Profit Growth % | 36.94% | 51.95% | -51.95% | -17.46% | 225.83% | 17.08% | -106.4% | 694.34% | -135.71% |
| Operating Expenses | 49.68M | 61.46M | 74.23M | 66.87M | 78.93M | 105.83M | 156.91M | 174.35M | 114.44M |
| OpEx % of Revenue | 4.25% | 4.22% | 4.57% | 4.7% | 4.38% | 4.64% | 7.87% | 8.53% | 6.13% |
| Selling, General & Admin | 49.68M | 61.46M | 74.23M | 66.87M | 78.93M | 105.83M | 123.18M | 116.43M | 114.44M |
| SG&A % of Revenue | 4.25% | 4.22% | 4.57% | 4.7% | 4.38% | 4.64% | 6.18% | 5.7% | 6.13% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 33.73M | 57.92M | 0 |
| Operating Income | 167.05M▲ 0% | 267.87M▲ 60.3% | 84M▼ 68.6% | 63.73M▼ 24.1% | 346.58M▲ 443.8% | 392.37M▲ 13.2% | -188.77M▼ 148.1% | 15.01M▲ 107.9% | -182.07M▼ 1313.2% |
| Operating Margin % | 14.29% | 18.38% | 5.17% | 4.48% | 19.22% | 17.2% | -9.47% | 0.73% | -9.75% |
| Operating Income Growth % | 46.87% | 60.35% | -68.64% | -24.13% | 443.84% | 13.21% | -148.11% | 107.95% | -1313.21% |
| EBITDA | 252.35M | 364.6M | 210.4M | 192.65M | 478.78M | 536.52M | -16.27M | 7.78M | -22.02M |
| EBITDA Margin % | 21.58% | 25.01% | 12.95% | 13.54% | 26.55% | 23.52% | -0.82% | 0.38% | -1.18% |
| EBITDA Growth % | 35.87% | 44.48% | -42.29% | -8.43% | 148.52% | 12.06% | -103.03% | 147.81% | -383.06% |
| D&A (Non-Cash Add-back) | 85.29M | 96.73M | 126.39M | 128.92M | 132.2M | 144.15M | 172.5M | -7.23M | 160.05M |
| EBIT | 168.55M | 270.51M | 84M | 63.73M | 346.58M | 416.8M | -181.58M | 22.23M | -182.07M |
| Net Interest Income | -54.8M | -51.46M | -75.75M | -80.75M | -68.32M | -65.04M | -79.23M | -97.39M | -114.83M |
| Interest Income | 0 | 0 | 0 | 0 | 1.73M | 6.46M | 9.02M | 11.76M | 0 |
| Interest Expense | 54.8M | 51.46M | 75.75M | 80.75M | 70.05M | 71.5M | 88.25M | 109.15M | 114.83M |
| Other Income/Expense | -64.62M | -90.6M | -74.42M | -74.87M | -86.02M | -47.06M | -81.05M | -101.92M | -329.14M |
| Pretax Income | 103.94M▲ 0% | 177.27M▲ 70.6% | 9.59M▼ 94.6% | -11.14M▼ 216.2% | 260.57M▲ 2439.2% | 345.3M▲ 32.5% | -269.82M▼ 178.1% | -86.92M▲ 67.8% | -511.21M▼ 488.2% |
| Pretax Margin % | 8.89% | 12.16% | 0.59% | -0.78% | 14.45% | 15.14% | -13.53% | -4.25% | -27.37% |
| Income Tax | 33.45M | 48.68M | 19.23M | 6.1M | 89.58M | 98.26M | -27.77M | -1.77M | -13.32M |
| Effective Tax Rate % | 32.19% | 27.46% | 200.54% | -54.73% | 34.38% | 28.46% | 10.29% | 2.04% | 2.61% |
| Net Income | 70.48M▲ 0% | 128.59M▲ 82.4% | -9.64M▼ 107.5% | -17.23M▼ 78.8% | 170.99M▲ 1092.1% | 247.04M▲ 44.5% | -242.06M▼ 198.0% | -85.14M▲ 64.8% | -497.89M▼ 484.8% |
| Net Margin % | 6.03% | 8.82% | -0.59% | -1.21% | 9.48% | 10.83% | -12.14% | -4.17% | -26.65% |
| Net Income Growth % | 101.71% | 82.44% | -107.5% | -78.8% | 1092.1% | 44.48% | -197.98% | 64.83% | -484.78% |
| Net Income (Continuing) | 70.48M | 128.59M | -9.64M | -17.23M | 170.99M | 247.04M | -242.06M | -85.14M | -497.89M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.08▲ 0% | 1.96▲ 81.5% | -0.15▼ 107.7% | -0.26▼ 73.3% | 2.58▲ 1092.3% | 3.71▲ 43.8% | -3.65▼ 198.4% | -1.27▲ 65.2% | -7.44▼ 485.8% |
| EPS Growth % | 100% | 81.48% | -107.65% | -73.33% | 1092.31% | 43.8% | -198.38% | 65.21% | -485.83% |
| EPS (Basic) | 1.09 | 1.97 | -0.15 | -0.26 | 2.59 | 3.74 | -3.65 | -1.27 | -7.44 |
| Diluted Shares Outstanding | 65.39M | 65.77M | 65.55M | 65.77M | 66.28M | 66.6M | 66.41M | 66.82M | 66.92M |
| Basic Shares Outstanding | 64.92M | 65.13M | 65.55M | 65.77M | 65.94M | 66.1M | 66.32M | 66.82M | 66.92M |
| Dividend Payout Ratio | 42.37% | 31.67% | - | - | 10.04% | 8.03% | - | - | - |
MERC Balance Sheet
Mercer International Inc. (MERC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 852.34M | 810.7M | 844.7M | 874.85M | 1.06B | 1.18B | 1.09B | 910M | 865.8M |
| Cash & Short-Term Investments | 143.3M | 240.49M | 351.08M | 361.1M | 345.61M | 354.03M | 313.99M | 184.93M | 186.81M |
| Cash Only | 143.3M | 240.49M | 351.08M | 361.1M | 345.61M | 354.03M | 313.99M | 184.93M | 186.81M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 206.03M | 252.69M | 208.74M | 227.06M | 345.35M | 351.99M | 306.17M | 327.35M | 298.89M |
| Days Sales Outstanding | 64.32 | 63.27 | 46.9 | 58.23 | 69.9 | 56.33 | 56.05 | 58.47 | 58.4 |
| Inventory | 176.6M | 303.81M | 272.6M | 271.7M | 356.73M | 450.47M | 414.16M | 361.68M | 359.4M |
| Days Inventory Outstanding | 67.68 | 98.27 | 67.86 | 76.72 | 94.51 | 92.23 | 74.63 | 71.2 | 67.77 |
| Other Current Assets | 317.44M | 0 | 0 | 0 | 0 | 21.68M | 58.59M | 36.05M | 20.71M |
| Total Non-Current Assets | 872.37M | 1.17B | 1.22B | 1.25B | 1.29B | 1.55B | 1.57B | 1.35B | 1.18B |
| Property, Plant & Equipment | 844.85M | 1.03B | 1.09B | 1.12B | 1.15B | 1.36B | 1.42B | 1.26B | 1.12B |
| Fixed Asset Turnover | 1.38x | 1.42x | 1.49x | 1.27x | 1.57x | 1.68x | 1.40x | 1.62x | 1.66x |
| Goodwill | 0 | 17.9M | 0 | 0 | 0 | 30.94M | 35.38M | 0 | 0 |
| Intangible Assets | 26.15M | 53.93M | 53.37M | 51.57M | 53.35M | 72.18M | 52.64M | 49.83M | 26.11M |
| Long-Term Investments | -1.57M | 62.57M | 53.12M | 46.43M | 49.65M | 45.63M | 41.66M | 3.35M | 0 |
| Other Non-Current Assets | 1.57M | 0 | 26.04M | 31.93M | 37.4M | 41.74M | 18.32M | 19.66M | 19.36M |
| Total Assets | 1.72B▲ 0% | 1.98B▲ 14.6% | 2.07B▲ 4.6% | 2.13B▲ 3.1% | 2.35B▲ 10.4% | 2.73B▲ 15.9% | 2.66B▼ 2.3% | 2.26B▼ 15.0% | 2.04B▼ 9.8% |
| Asset Turnover | 0.68x | 0.74x | 0.79x | 0.67x | 0.77x | 0.84x | 0.75x | 0.90x | 0.92x |
| Asset Growth % | 48.85% | 14.55% | 4.55% | 3.07% | 10.43% | 15.9% | -2.29% | -15.01% | -9.79% |
| Total Current Liabilities | 430.47M | 195.39M | 256.31M | 211.8M | 283.12M | 378.06M | 286.44M | 256.54M | 283.63M |
| Accounts Payable | 36.15M | 36.33M | 73.72M | 42.73M | 58.45M | 92.85M | 61.1M | 53.61M | 282.88M |
| Days Payables Outstanding | 13.85 | 11.75 | 18.35 | 12.07 | 15.49 | 19.01 | 11.01 | 10.55 | 53.34 |
| Short-Term Debt | 295.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | -97.41M | 6.95M | 0 | 7.16M | 7.3M | 0 | 0 | 4.34M | 0 |
| Other Current Liabilities | 19.79M | 40.44M | 9.62M | 3.7M | 6.6M | 6.06M | 163.49M | 18.34M | 745K |
| Current Ratio | 1.98x | 4.15x | 3.30x | 4.13x | 3.76x | 3.12x | 3.82x | 3.55x | 3.05x |
| Quick Ratio | 1.57x | 2.59x | 2.23x | 2.85x | 2.50x | 1.92x | 2.37x | 2.14x | 1.79x |
| Cash Conversion Cycle | 118.15 | 149.79 | 96.41 | 122.89 | 148.92 | 129.55 | 119.66 | 119.12 | 72.83 |
| Total Non-Current Liabilities | 743.58M | 1.2B | 1.26B | 1.32B | 1.37B | 1.51B | 1.74B | 1.58B | 1.69B |
| Long-Term Debt | 663M | 1.04B | 1.09B | 1.15B | 1.18B | 1.3B | 1.57B | 1.44B | 1.61B |
| Capital Lease Obligations | 19.52M | 24.67M | 41.62M | 51.26M | 62.15M | 53.24M | 48.44M | 43.59M | 3.86M |
| Deferred Tax Liabilities | 31.96M | 93.11M | 89.85M | 77.03M | 95.12M | 125.96M | 97.32M | 74.77M | 58.3M |
| Other Non-Current Liabilities | 29.11M | 39.75M | 39.6M | 42.72M | 34.84M | 26.25M | 26.23M | 23.07M | 18.58M |
| Total Liabilities | 1.17B | 1.39B | 1.52B | 1.53B | 1.66B | 1.89B | 2.03B | 1.83B | 1.97B |
| Total Debt | 986.38M | 1.08B | 1.13B | 1.21B | 1.26B | 1.37B | 1.63B | 1.49B | 1.61B |
| Net Debt | 843.09M | 839.49M | 778.47M | 844.14M | 910.17M | 1.01B | 1.31B | 1.31B | 1.42B |
| Debt / Equity | 1.79x | 1.86x | 2.05x | 2.01x | 1.81x | 1.63x | 2.56x | 3.47x | 23.64x |
| Debt / EBITDA | 3.91x | 2.96x | 5.37x | 6.26x | 2.62x | 2.55x | - | 191.68x | - |
| Net Debt / EBITDA | 3.34x | 2.30x | 3.70x | 4.38x | 1.90x | 1.89x | - | 167.91x | - |
| Interest Coverage | 3.08x | 5.26x | 1.11x | 0.79x | 4.95x | 5.83x | -2.06x | 0.20x | -1.59x |
| Total Equity | 550.67M▲ 0% | 581.43M▲ 5.6% | 550.4M▼ 5.3% | 601.03M▲ 9.2% | 694.02M▲ 15.5% | 838.78M▲ 20.9% | 635.41M▼ 24.2% | 429.77M▼ 32.4% | 68.06M▼ 84.2% |
| Equity Growth % | 45.25% | 5.59% | -5.34% | 9.2% | 15.47% | 20.86% | -24.25% | -32.36% | -84.16% |
| Book Value per Share | 8.42 | 8.84 | 8.40 | 9.14 | 10.47 | 12.59 | 9.57 | 6.43 | 1.02 |
| Total Shareholders' Equity | 550.67M | 581.43M | 550.4M | 601.03M | 694.02M | 838.78M | 635.41M | 429.77M | 68.06M |
| Common Stock | 64.97M | 65.17M | 65.6M | 65.8M | 65.99M | 66.13M | 66.47M | 66.85M | 66.87M |
| Retained Earnings | 206M | 301.99M | 256.37M | 217.11M | 370.93M | 598.12M | 336.11M | 230.91M | -277.02M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -59M | -128.17M | -116.56M | -27.57M | -90.79M | -179.96M | -126.67M | -230.77M | -87.15M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MERC Cash Flow Statement
Mercer International Inc. (MERC) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 141.93M | 236.67M | 244.28M | 41.56M | 182.21M | 360.66M | -69M | 90.2M | 8.59M |
| Operating CF Margin % | 12.14% | 16.24% | 15.04% | 2.92% | 10.1% | 15.81% | -3.46% | 4.41% | 0.46% |
| Operating CF Growth % | 0.81% | 66.75% | 3.22% | -82.98% | 338.38% | 97.93% | -119.13% | 230.72% | -90.48% |
| Net Income | 70.48M | 128.59M | -9.64M | -17.23M | 170.99M | 247.04M | -242.06M | -85.14M | -308.7M |
| Depreciation & Amortization | 85.29M | 96.73M | 126.39M | 128.92M | 132.2M | 144.15M | 172.5M | 170.79M | 160.05M |
| Stock-Based Compensation | 2.89M | 3.94M | 3.04M | 928K | 2.39M | 6.74M | 5.92M | 3.86M | 2.29M |
| Deferred Taxes | 22.06M | 16.6M | -7.87M | -15.25M | 18.79M | 7M | -36.39M | -35.72M | -11.32M |
| Other Non-Cash Items | 13.34M | 25.41M | 25.88M | 21.16M | 12.73M | -19.28M | 95.21M | 61.3M | 108.11M |
| Working Capital Changes | -52.14M | -34.6M | 106.48M | -76.96M | -154.89M | -25M | -64.19M | -24.88M | 58.16M |
| Change in Receivables | -64.95M | -10.37M | 41.37M | -6.27M | -121.58M | -20.48M | 52.51M | -32.09M | 52.59M |
| Change in Inventory | -19.99M | -58.08M | 24.68M | -11.43M | -96.44M | -63.18M | -15.84M | 23.91M | 526K |
| Change in Payables | 37.17M | 37.96M | 45.26M | 0 | 75.59M | 0 | -98.18M | -17.68M | 7.16M |
| Cash from Investing | -121.55M | -467.48M | -139.36M | -59.83M | -187.13M | -424.61M | -199.87M | -66.99M | -81.33M |
| Capital Expenditures | -59.69M | -87.61M | -132.66M | -78.52M | -160.82M | -178.74M | -136.32M | -84.32M | -88.58M |
| CapEx % of Revenue | 5.11% | 6.01% | 8.17% | 5.52% | 8.92% | 7.84% | 6.84% | 4.13% | 4.74% |
| Acquisitions | -61.63M | -380.31M | -6.38M | 0 | -51.26M | -256.6M | -82.1M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -232K | 445K | -321K | 1.15M | 24.96M | 10.22M | 18.56M | 17.33M | 7.26M |
| Cash from Financing | 288.75M | 14.86M | 6.1M | 26.32M | -9.5M | 80.9M | 228.62M | -152.78M | 79.81M |
| Debt Issued (Net) | 337.34M | 69.12M | 43.22M | 52.65M | 9.2M | 105.33M | 253.49M | -127.98M | 89.71M |
| Equity Issued (Net) | 0 | 0 | -754K | -162K | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -29.87M | -40.72M | -35.28M | -21.89M | -17.17M | -19.85M | -19.95M | -20.06M | -10.04M |
| Share Repurchases | 0 | 0 | -754K | -162K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -18.72M | -13.54M | -1.09M | -4.28M | -1.53M | -4.58M | -4.91M | -4.74M | 138K |
| Net Change in Cash | 319.84M▲ 0% | -220.25M▼ 168.9% | 110.59M▲ 150.2% | 10.01M▼ 90.9% | -15.49M▼ 254.7% | 8.42M▲ 154.4% | -40.04M▼ 575.4% | -129.07M▼ 222.3% | 1.88M▲ 101.5% |
| Free Cash Flow | 82.23M▲ 0% | 149.06M▲ 81.3% | 111.63M▼ 25.1% | -37.6M▼ 133.7% | 21.39M▲ 156.9% | 181.92M▲ 750.5% | -205.33M▼ 212.9% | 5.89M▲ 102.9% | -80M▼ 1459.1% |
| FCF Margin % | 7.03% | 10.23% | 6.87% | -2.64% | 1.19% | 7.98% | -10.3% | 0.29% | -4.28% |
| FCF Growth % | -14.71% | 81.26% | -25.11% | -133.68% | 156.89% | 750.52% | -212.87% | 102.87% | -1459.09% |
| FCF per Share | 1.26 | 2.27 | 1.70 | -0.57 | 0.32 | 2.73 | -3.09 | 0.09 | -1.20 |
| FCF Conversion (FCF/Net Income) | 2.01x | 1.84x | -25.34x | -2.41x | 1.07x | 1.46x | 0.29x | -1.06x | -0.02x |
| Interest Paid | 45.91M | 40.28M | 59.71M | 78.15M | 73.09M | 67.1M | 79.62M | 105.48M | 0 |
| Taxes Paid | 10.87M | 16.15M | 52.88M | 19.33M | 22.95M | 86.04M | 63.55M | 22.49M | 0 |
MERC Key Ratios
Mercer International Inc. (MERC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.17% | 15.16% | 22.72% | -1.7% | -2.99% | 26.41% | 32.23% | -32.84% | -15.99% | -200.02% |
| Return on Invested Capital (ROIC) | 9.37% | 10.99% | 14.28% | 4.58% | 3.45% | 17.05% | 17.02% | -7.44% | 0.61% | -8.47% |
| Gross Margin | 16.99% | 18.54% | 22.59% | 9.74% | 9.18% | 23.6% | 21.84% | -1.6% | 9.27% | -3.62% |
| Net Margin | 3.75% | 6.03% | 8.82% | -0.59% | -1.21% | 9.48% | 10.83% | -12.14% | -4.17% | -26.65% |
| Debt / Equity | 1.70x | 1.79x | 1.86x | 2.05x | 2.01x | 1.81x | 1.63x | 2.56x | 3.47x | 23.64x |
| Interest Coverage | 2.23x | 3.08x | 5.26x | 1.11x | 0.79x | 4.95x | 5.83x | -2.06x | 0.20x | -1.59x |
| FCF Conversion | 4.03x | 2.01x | 1.84x | -25.34x | -2.41x | 1.07x | 1.46x | 0.29x | -1.06x | -0.02x |
| Revenue Growth | -9.83% | 25.5% | 24.68% | 11.44% | -12.39% | 26.71% | 26.49% | -12.59% | 2.48% | -8.58% |
MERC SEC Filings & Documents
Mercer International Inc. (MERC) SEC filings — annual & quarterly reports (10-K, 10-Q)
MERC Frequently Asked Questions
Mercer International Inc. (MERC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Mercer International Inc. (MERC) reported $1.87B in revenue for fiscal year 2025. This represents a 901% increase from $186.7M in 1996.
Mercer International Inc. (MERC) saw revenue decline by 8.6% over the past year.
Mercer International Inc. (MERC) reported a net loss of $497.9M for fiscal year 2025.
Dividend & Returns
Yes, Mercer International Inc. (MERC) pays a dividend with a yield of 13.51%. This makes it attractive for income-focused investors.
Mercer International Inc. (MERC) has a return on equity (ROE) of -200.0%. Negative ROE indicates the company is unprofitable.
Mercer International Inc. (MERC) had negative free cash flow of $80.0M in fiscal year 2025, likely due to heavy capital investments.
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