Sylvamo Corp cash flow statement

In fiscal 2025, Sylvamo Corp's operations generated $268m of cash; it spent $224m on capital projects, leaving free cash flow of $44.0m. It returned $73.0m in dividends and $82.0m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Sylvamo Corp: cash flow statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash from operations	524	359	549	438	504	469	268	209
Depreciation and amortisation	192	135	126	125	143	159	179	178
Stock-based pay	19	15	14	20	23	23	18	11
Capital spending	118	66	69	149	210	221	224	220
Free cash flow	406	293	480	289	294	248	44	−11
Free cash flow after stock pay	387	278	466	269	271	225	26	−22
Dividends paid	—	0	0	10	57	62	73	73
Share buybacks	—	0	0	80	70	69	82	42

US$ millions unless shown otherwise. Fiscal quarters.

Sylvamo Corp: cash flow statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Cash from operations	163	164	23	64	87	94	−10	38
Depreciation and amortisation	39	44	40	45	49	45	41	43
Stock-based pay	5	6	6	7	4	1	3	3
Capital spending	44	64	48	66	54	56	49	61
Free cash flow	119	100	−25	−2	33	38	−59	−23
Free cash flow after stock pay	114	94	−31	−9	29	37	−62	−26

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: KNF vs SLVM AVNT vs SLVM CRS vs SLVM

More: Materials sector, rankings of US companies

Figures from Sylvamo Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Sylvamo Corp.