MERCER INTERNATIONAL INC. (MERC)

0.39 +0.00% (+0.00)

Over 5Y: -96.1%

2026-08-28
5 10 15
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '21 — Revenue: 469.7M Q3 '21 — Operating Cash Flow: 40.1M Q3 '21 — Free Cash Flow: 1.8M Q3 '21 — Net Income: 69.1M Q4 '21 — Revenue: 519M Q4 '21 — Operating Cash Flow: 30.6M Q4 '21 — Free Cash Flow: -3.1M Q4 '21 — Net Income: 74.5M Q1 '22 — Revenue: 592.7M Q1 '22 — Operating Cash Flow: 68.8M Q1 '22 — Free Cash Flow: 35.5M Q1 '22 — Net Income: 88.9M Q2 '22 — Revenue: 572.3M Q2 '22 — Operating Cash Flow: 154.5M Q2 '22 — Free Cash Flow: 107.5M Q2 '22 — Net Income: 71.4M Q3 '22 — Revenue: 532.8M Q3 '22 — Operating Cash Flow: 86.7M Q3 '22 — Free Cash Flow: 38.1M Q3 '22 — Net Income: 66.7M Q4 '22 — Revenue: 583.1M Q4 '22 — Operating Cash Flow: 50.6M Q4 '22 — Free Cash Flow: 782K Q4 '22 — Net Income: 20M Q1 '23 — Revenue: 522.7M Q1 '23 — Operating Cash Flow: -49.6M Q1 '23 — Free Cash Flow: -83.1M Q1 '23 — Net Income: -30.6M Q2 '23 — Revenue: 529.9M Q2 '23 — Operating Cash Flow: 14.7M Q2 '23 — Free Cash Flow: -24.8M Q2 '23 — Net Income: -98.3M Q3 '23 — Revenue: 470.8M Q3 '23 — Operating Cash Flow: -25.3M Q3 '23 — Free Cash Flow: -62.7M Q3 '23 — Net Income: -26M Q4 '23 — Revenue: 470.5M Q4 '23 — Operating Cash Flow: -8.7M Q4 '23 — Free Cash Flow: -34.7M Q4 '23 — Net Income: -87.2M Q1 '24 — Revenue: 553.4M Q1 '24 — Operating Cash Flow: -29.2M Q1 '24 — Free Cash Flow: -47.7M Q1 '24 — Net Income: -16.7M Q2 '24 — Revenue: 499.4M Q2 '24 — Operating Cash Flow: 62.2M Q2 '24 — Free Cash Flow: 44.3M Q2 '24 — Net Income: -67.6M Q3 '24 — Revenue: 502.1M Q3 '24 — Operating Cash Flow: -13.9M Q3 '24 — Free Cash Flow: -41.2M Q3 '24 — Net Income: -17.6M Q4 '24 — Revenue: 488.4M Q4 '24 — Operating Cash Flow: 71.2M Q4 '24 — Free Cash Flow: 50.4M Q4 '24 — Net Income: 16.7M Q1 '25 — Revenue: 507M Q1 '25 — Operating Cash Flow: -3M Q1 '25 — Free Cash Flow: -23.1M Q1 '25 — Net Income: -22.3M Q2 '25 — Revenue: 453.5M Q2 '25 — Operating Cash Flow: -4.5M Q2 '25 — Free Cash Flow: -28.9M Q2 '25 — Net Income: -86.1M Q3 '25 — Revenue: 458.1M Q3 '25 — Operating Cash Flow: -30.1M Q3 '25 — Free Cash Flow: -60.1M Q3 '25 — Net Income: -80.8M Q4 '25 — Revenue: 449.5M Q4 '25 — Net Income: -308.7M Q1 '26 — Revenue: 489.3M Q1 '26 — Operating Cash Flow: -85.7M Q1 '26 — Free Cash Flow: -98.8M Q1 '26 — Net Income: -52M Q2 '26 — Revenue: 460.3M Q2 '26 — Operating Cash Flow: -15.1M Q2 '26 — Free Cash Flow: -27.3M Q2 '26 — Net Income: -76M -200M 0 200M 400M 600M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.4
SBC / sales 0.12%
OE margin -3.4%
Oper. margin -23.6%
ROIC -20.2%
Accruals -28.1%
EBITDA margin -14.9%
FCF margin -3.3%
Gross margin -5.8%
OCF margin 0.46%
Profit margin -27.9%
ROA -27.7%
ROCE -34.5%
OCF / EBIT —
ROE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

2.3
RPO / sales 0.0044×
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.6
ND/EBITDA —
Quick ratio 0.68×
Cash / Debt 0.078×
F-score 3.0 pts
Cash runway —
Debt / Eq —
Debt payback —
Equity / Assets —
Net debt / Eq —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.1
Sales CAGR 4Y +0.89%
Sales/sh Y/Y -5.0%
Shares change +0.17%
Div. growth -50.0%
Sales Q/Q +1.5%
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

3 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.