MERC
Mercer International Inc
NASDAQ: MERC · BASIC MATERIALS · PAPER & PAPER PRODUCTS
$1.12
+4.67% today
Updated 2026-04-30
Market cap
$75.02M
P/E ratio
—
P/S ratio
0.04x
EPS (TTM)
$-7.44
Dividend yield
13.40%
52W range
$1 – $4
Volume
0.5M
Mercer International Inc (MERC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $823.52M | $1.03B | $1.00B | $888.02M | $1.20B | $1.15B | $1.10B | $1.09B | $1.18B | $1.03B | $931.62M | $1.17B | $1.46B | $1.62B | $1.42B | $1.80B | $2.28B | $1.99B | $2.04B | $1.87B |
| Revenue growth (YoY) | — | +24.9% | -2.5% | -11.4% | +34.9% | -3.8% | -4.3% | -1.3% | +8.0% | -12.1% | -9.8% | +25.5% | +24.7% | +11.4% | -12.4% | +26.7% | +26.5% | -12.6% | +2.5% | -8.6% |
| Cost of revenue | $684.15M | $883.09M | $872.75M | $867.81M | $855.87M | $958.43M | $987.68M | $999.14M | $965.39M | $821.28M | $773.35M | $952.41M | $1.13B | $1.47B | $1.29B | $1.38B | $1.78B | $2.03B | $1.85B | $1.94B |
| Gross profit | $139.37M | $145.53M | $129.96M | $20.20M | $341.81M | $194.27M | $115.47M | $89.24M | $209.72M | $211.92M | $158.27M | $216.73M | $329.33M | $158.23M | $130.60M | $425.52M | $498.20M | $-31.86M | $189.36M | $-67.63M |
| Gross margin | 16.9% | 14.1% | 13.0% | 2.3% | 28.5% | 16.9% | 10.5% | 8.2% | 17.8% | 20.5% | 17.0% | 18.5% | 22.6% | 9.7% | 9.2% | 23.6% | 21.8% | -1.6% | 9.3% | -3.6% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $43.50M | $42.00M | $44.10M | $38.10M | $44.10M | $54.00M | $70580.00 | $51.20M | $47.93M | $46.24M | $44.53M | $49.68M | $59.59M | $73.96M | $66.87M | $78.93M | $105.83M | $123.18M | $116.43M | $114.44M |
| Operating income | $122.09M | $101.62M | $18.56M | $-18.34M | $223.09M | $144.02M | $64.81M | $31.66M | $161.80M | $165.68M | $113.74M | $167.05M | $267.87M | $84.00M | $63.73M | $346.58M | $392.37M | $-188.77M | $15.01M | $-182.07M |
| Operating margin | 14.8% | 9.9% | 1.9% | -2.1% | 18.6% | 12.5% | 5.9% | 2.9% | 13.8% | 16.0% | 12.2% | 14.3% | 18.4% | 5.2% | 4.5% | 19.2% | 17.2% | -9.5% | 0.7% | -9.7% |
| EBITDA | $196.46M | $221.41M | $56.27M | $59.27M | $281.49M | $216.61M | $142.31M | $116.72M | $239.81M | $234.02M | $187.11M | $253.85M | $367.24M | $210.40M | $192.65M | $478.78M | $560.96M | $-9.07M | $15.01M | $-22.02M |
| EBITDA margin | 23.9% | 21.5% | 5.6% | 6.7% | 23.5% | 18.8% | 12.9% | 10.7% | 20.4% | 22.6% | 20.1% | 21.7% | 25.2% | 13.0% | 13.5% | 26.6% | 24.6% | -0.5% | 0.7% | -1.2% |
| EBIT | $122.09M | $138.67M | $-21.36M | $-18.34M | $206.70M | $144.02M | $65.54M | $38.08M | $161.80M | $165.68M | $115.12M | $168.55M | $270.51M | $84.00M | $63.73M | $346.58M | $416.80M | $-181.58M | $22.23M | $-182.07M |
| Interest expense | $91.93M | $104.10M | $91.54M | $92.80M | $89.93M | $76.46M | $71.77M | $69.16M | $67.52M | $53.89M | $51.58M | $54.80M | $51.46M | $75.75M | $80.75M | $70.05M | $71.50M | $88.25M | $109.15M | $114.83M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $83.42M | $32.39M | $-100.88M | $-89.10M | $114.75M | $64.90M | $-16.11M | $-26.38M | $113.15M | $75.50M | $34.94M | $70.48M | $128.59M | $-9.64M | $-17.23M | $170.99M | $247.04M | $-242.06M | $-85.14M | $-497.89M |
| Net income growth (YoY) | — | -61.2% | -411.5% | +11.7% | +228.8% | -43.4% | -124.8% | -63.7% | +529.0% | -33.3% | -53.7% | +101.7% | +82.4% | -107.5% | -78.8% | +1092.1% | +44.5% | -198.0% | +64.8% | -484.8% |
| Profit margin | 10.1% | 3.1% | -10.1% | -10.0% | 9.6% | 5.6% | -1.5% | -2.4% | 9.6% | 7.3% | 3.8% | 6.0% | 8.8% | -0.6% | -1.2% | 9.5% | 10.8% | -12.1% | -4.2% | -26.7% |