MERCER INTERNATIONAL INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $2.0B | $2.3B | $1.8B |
| Operating income | -$397.7M | $15.0M | -$188.8M | $392.4M | $346.6M |
| Cash from operations | $8.6M | $90.2M | -$69.0M | $360.7M | $182.2M |
| Capital expenditure | $88.6M | $84.3M | $136.3M | $178.7M | $159.4M |
| Free cash flow | -$80.0M | $5.9M | -$205.3M | $181.9M | $22.8M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $0 | $34.3M | $0 | $0 | — |
| Total assets | $2.0B | $2.3B | $2.7B | $2.7B | $2.4B |
| Total liabilities | $2.0B | $1.8B | $2.0B | $1.9B | $1.7B |
| Total debt | $1.6B | $1.4B | $1.6B | $1.3B | $1.2B |
Shares outstanding 67.0M · Free float 56.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.