Mercer International Inc. (MERC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MERC Revenue Growth
Revenue Breakdown (FY 2025)
MERC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MERC Revenue Analysis (2014–2025)
As of May 8, 2026, Mercer International Inc. (MERC) generated trailing twelve-month (TTM) revenue of $1.85 billion, reflecting slight decline in growth of -3.5% year-over-year. The most recent quarter (Q1 2026) recorded $489.3 million in revenue, up 8.9% sequentially.
Looking at the longer-term picture, MERC's 5-year compound annual growth rate (CAGR) stands at +5.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.28 billion in 2022.
Revenue diversification analysis shows MERC's business is primarily driven by Pulp (70%), Lumber (13%), and Energyandchemicals (6%). With over half of revenue concentrated in Pulp, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including CLW (+2.3% YoY), SLVM (-8.9% YoY), and GEF (-26.3% YoY), MERC has underperformed the peer group in terms of revenue growth. Compare MERC vs CLW →
MERC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MERCCurrent | $1.9B | -3.5% | +5.6% | -9.7% | |
 CLW | $1.6B | +2.3% | -3.6% | 1.2% | |
 SLVM | $3.8B | -8.9% | -1.2% | 11.8% | |
 GEF | $4.3B | -26.3% | -1.0% | 6.9% | |
 SON | $7.5B | +39.2% | +7.5% | 9.5% | |
 IP | $24.9B | +25.5% | +7.2% | -11.3% |
MERC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.87B | -8.6% | $-67,628,000 | -3.6% | $-182,067,000 | -9.7% |
| 2024 | $2.04B | +2.5% | $189.4M | 9.3% | $15.0M | 0.7% |
| 2023 | $1.99B | -12.6% | $-31,861,000 | -1.6% | $-188,774,000 | -9.5% |
| 2022 | $2.28B | +26.5% | $498.2M | 21.8% | $392.4M | 17.2% |
| 2021 | $1.80B | +26.7% | $425.5M | 23.6% | $346.6M | 19.2% |
| 2020 | $1.42B | -12.4% | $130.6M | 9.2% | $63.7M | 4.5% |
| 2019 | $1.62B | +11.4% | $158.2M | 9.7% | $84.0M | 5.2% |
| 2018 | $1.46B | +24.7% | $329.3M | 22.6% | $267.9M | 18.4% |
| 2017 | $1.17B | +25.5% | $216.7M | 18.5% | $167.1M | 14.3% |
| 2016 | $931.6M | -9.8% | $158.3M | 17.0% | $113.7M | 12.2% |
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Start ComparisonMERC — Frequently Asked Questions
Quick answers to the most common questions about buying MERC stock.
Is MERC's revenue growth accelerating or slowing?
MERC revenue growth slowed to -3.5%, below the 5-year CAGR of +5.6%. TTM revenue is $1.9B. The deceleration marks a shift from historical growth rates.
What is MERC's long-term revenue growth rate?
Mercer International Inc.'s 5-year revenue CAGR of +5.6% reflects the variable expansion pattern. Current YoY growth of -3.5% is near this long-term average.
How is MERC's revenue distributed by segment?
MERC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.