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SUZSuzano S.A.
$8.21$10.1B
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  3. Financial Ratios
  4. Quarterly

Suzano S.A. (SUZ) Quarterly Financial Ratios

Last 48 quarters of trend data · Basic Materials · Paper, Lumber & Forest Products

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Suzano S.A.'s quarterly P/E stands at 0.7x, up 57.9% year-over-year — indicating the stock has re-rated higher or earnings have softened.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →3.990.7226.001.490.580.46—0.97—18.790.81—0.59
—+57.9%—+52.9%—-97.6%———+3535.2%+99.7%—-96.8%
P/S Ratio1.070.280.220.240.220.250.220.260.290.430.350.390.33
—+13.5%-2.0%-6.3%-23.7%-42.7%-37.5%-34.5%-12.3%+80.8%+67.2%+103.8%+18.1%
P/B Ratio1.200.260.260.260.270.300.390.300.320.370.330.331.35
—-13.8%-32.1%-14.7%-17.2%-18.7%+18.1%-9.5%-76.0%-74.4%-10.7%-84.1%-51.0%
P/FCF9.43—1.124.962.562.151.342.681.86—21.97—2.59
——-16.0%+85.2%+37.5%—-93.9%—-28.3%—+1273.3%—+111.6%
EV / EBITDA6.445.274.405.034.155.333.923.943.755.374.546.441.32
—-1.1%+12.0%+27.7%+10.7%-0.8%-13.5%-38.8%+183.4%+414.5%+100.5%+825.2%+28.8%
EV / EBIT12.803.099.444.932.7410.257.803.86—51.273.48—0.74
—-69.8%+21.0%+27.7%—-80.0%+124.2%——+6230.4%+72.9%——

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Suzano S.A.'s operating margin was 16.7% in Q1 2026, down 3.7 pp QoQ and down 2.9 pp YoY. The trailing four-quarter average of 19.1% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 12.9% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin31.1%28.8%29.4%30.4%35.3%33.1%38.2%44.2%47.0%39.7%34.7%31.8%32.0%
—-12.9%-22.9%-31.1%-25.0%-16.7%+10.2%+39.1%+46.8%-15.6%-34.2%-41.6%-31.7%
Operating Margin22.8%16.7%20.4%16.2%22.9%19.6%31.1%33.5%40.1%27.0%30.4%18.8%33.5%
—-14.6%-34.5%-51.6%-42.9%-27.5%+2.3%+78.0%+19.8%-29.3%-40.1%-61.5%-15.9%
Net Margin26.8%39.3%0.8%16.1%37.7%54.9%-47.6%26.3%-32.8%2.3%43.5%-8.2%55.4%
—-28.5%+101.8%-38.8%+215.1%+2310.2%-209.5%+420.7%-159.1%-95.1%-16.2%-121.4%+3532.8%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE34.4%9.3%0.2%4.4%12.3%17.9%-18.2%7.8%-8.8%0.5%10.4%-2.9%61.8%
—-47.7%+101.4%-43.7%+238.8%+3615.2%-275.2%+371.4%-114.3%-98.1%-73.3%-102.6%+1654.1%
ROA7.9%2.6%0.1%1.2%3.2%3.9%-4.2%2.1%-2.5%0.2%3.2%-0.9%18.3%
—-34.6%+101.6%-42.7%+225.4%+2530.5%-233.7%+344.5%-113.9%-97.7%-66.7%-103.7%+2363.6%
ROIC6.3%1.0%1.5%1.1%1.8%1.3%2.5%2.4%2.7%1.6%2.0%1.8%10.3%
—-22.0%-39.0%-52.0%-34.4%-15.8%+28.7%+36.0%-73.5%-69.5%-77.9%-93.7%-44.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Suzano S.A.'s Debt/EBITDA ratio is 21.0x, up from 18.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 34.5% YoY to 3.51x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity2.422.022.422.212.272.543.342.272.341.911.862.031.86
—-20.3%-27.7%-2.8%-3.0%+33.3%+79.7%+11.9%+25.8%-6.5%-23.5%-30.2%-43.7%
Debt / EBITDA4.7721.0218.2021.0216.7220.9815.2014.7214.1218.8016.8723.443.36
—+0.2%+19.7%+42.8%+18.4%+11.6%-9.9%-37.2%+320.7%+639.2%+92.4%+1276.7%+41.8%
Current Ratio3.193.513.193.203.162.611.722.172.482.892.612.822.56
—+34.5%+84.8%+47.3%+27.4%-9.5%-33.9%-23.0%-3.1%+16.8%+1.8%+0.4%-10.6%
Quick Ratio2.592.802.592.522.481.961.401.702.032.362.202.342.12
—+42.7%+85.1%+48.4%+22.1%-17.1%-36.6%-27.3%-4.4%+14.8%+1.8%-0.1%-11.6%
Interest Coverage1.715.221.582.855.541.642.384.18-4.602.0827.20-0.547.62
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Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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SUZ — Frequently Asked Questions

Quick answers to the most common questions about buying SUZ stock.

What is Suzano S.A.'s quarterly P/E ratio trend?

Suzano S.A.'s current P/E is 4.0x. The average P/E over the last 4 quarters is 7.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Suzano S.A.'s margins change by quarter?

Suzano S.A.'s current operating margin is 22.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at SUZ quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Suzano S.A.'s business trajectory between earnings reports.