SUZ · NYSE · Paper, Lumber & Forest Products

Suzano (ADR) (SUZ)

Turns managed eucalyptus forests into pulp, paper, packaging, and hygiene products.

$9.37
vs last close+0.12 (+1.24%)
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Suzano S.A.SUZ
Materials

Sells market pulp and a portfolio of paper, packaging, fluff pulp, tissue, and hygiene products through vertically integrated forestry and mills. Pulp is the larger, heavily export-oriented business, with Asia the biggest disclosed market, while paper sales lean toward Brazil.

Produces market pulp and manufactures printing and writing paper, paperboard and packaging, fluff pulp, tissue, and hygiene goods. Two reportable segments—Pulp and Paper—organize the business, supported by managed eucalyptus forests, biotechnology, mills, and outbound logistics.

Pulp is the larger and overwhelmingly export-oriented segment. Asia is its biggest disclosed destination, followed by Europe and North America, while paper sales are weighted toward Brazil. Long-running eucalyptus breeding and fiber development underpin forestry productivity and product adaptation.

Operations depend on international pulp demand, forestry yields, mill reliability, logistics, and currency exposure. Land use, water, and aerial pesticide application also bring ongoing engagement and disputes with some Indigenous and Quilombola communities.

Company facts

CEOJoão Alberto Fernandez de Abreu
ListedDec 10, 2018
ExchangeNYSE
HeadquartersSalvador, Brazil
CountryBrazil
Employees23,094
CIK0000909327
ISINUS86959K1051

Market cap$11.43B
EPS (ttm)$1.30
P/E (ttm)7.10
ROE17.6%
P/B1.18
P/S1.21
Dividend yieldDiv yield2.31%
Beta0.62vs XLB 0.41

No analyst consensus on record.

Next report
Nov 5, 26
in 44 days
EPS estimate
$0.25
Revenue estimate
$2.88B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Oct '24May '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$0.46$0.87$0.71$0.29$0.02$0.70$0.28Pending
Estimate$0.57$0.88$0.25$0.32−$0.09$0.67$0.26$0.25
Surprise−19.6%−0.7%+185.0%−10.3%+123.0%+4.4%+6.5%

RevenueReportedEstimate

Oct '24May '25Aug '25Nov '25Feb '26Apr '26Aug '26Nov '26
Reported$2.25B$1.98B$2.45B$2.28B$2.53B$2.20B$2.23BPending
Estimate$2.16B$2.38B$2.36B$2.30B$2.30B$2.28B$2.26B$2.88B
Surprise+4.2%−17.0%+3.9%−0.8%+10.1%−3.6%−1.2%
Estimate$0.25
ReportedDue Nov 5, 2026
Estimate$2.88B
ReportedDue Nov 5, 2026
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Debt to equity195.50%
Current ratio337.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.40B$2.77B$2.26B$2.60B$2.38B$2.60B$2.14B$2.32B
Net income$630.3M−$1.32B$1.24B$979.8M$381.9M$21.7M$841.7M$360.0M
Net margin26.3%0.0%54.9%37.7%16.1%0.8%39.3%15.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$803.3M$863.2M$441.6M$595.7M$385.0M$531.3M$357.9M$354.3M
YoY growth+144.1%+39.8%−11.5%−34.0%−52.1%−38.4%−18.9%−40.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $5.13B · Total debt $18.96B · Total assets $33.39B · Shareholders' equity $9.70B

Revenue
$2.32B
Operating income
$354.3M
Net income
$360.0M

Reported in BRL, converted at the latest exchange rate

View details

Dividend yield
2.31%
Next ex-date
Nov 4, 26
estimated · in 43 days
Annual dividend
$0.21
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Jan '22Dec '22Dec '23Dec '24Dec '25May '26
Dividend$0.1306$0.3398$0.2375$0.3301$0.2123$0.0009
Annual yield1.15%5.13%2.31%3.34%2.31%2.49%
Ex-dateJan 19Dec 19Dec 8Dec 18Dec 22May 4
Payment dateFeb 3Jan 9Jan 18Jan 17Feb 11
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Institutions≥ 5.78%73.10M ADS
142 holders · as of Jun 30, 2026
Insiders36.54%461.95M ADS
7 holders · as of Sep 11, 2026
Other≤ 57.68%729.07M ADS
remainder

1.26B ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Institutional filings for SUZB3/SUZ (100% of the company) are not on file here, so the institutional figure is a floor.

2 positions filed across a stock split leave their adjustment unstated and stay out of the bar.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
David FefferInsiderdirector
32.66%412.92M ordinaryfiled Aug 20, 2026
Daniel Feffer1Insiderdirector
3.84%48.49M ordinaryfiled Aug 20, 2026
Atlas FRM LLCInstitution
1.92%24.32M ADSas of Jun 30, 2026
State Street CorpInstitution
0.54%6.78M ADSas of Jun 30, 2026
Deutsche Bank AG\Institution
0.44%5.51M ADSas of Jun 30, 2026
  1. Daniel Feffer reports a block also reported by David Feffer; it is counted once, under David Feffer.

Insider tradesForm 4

No open-market trades in the last 12 months.

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  • Sylvamo

    Direct rivalry in Brazilian uncoated paper and market pulp

  • Mercer International

    Export market-pulp overlap across China, Europe, and North America

Compare

CompanyPriceChange
Suzano (ADR)$9.37+1.24%$11.43B7.120.11.2−8.8%
Sylvamo$36.93+2.27%$1.43B19.210.20.4+1.5%
Mercer International$0.3376−1.43%$22.9M0.0+1.5%
Median19.210.20.2+1.5%