Suzano S.A. (SUZ) — Financial statements
Income statement, balance sheet, and cash flow for Suzano S.A. — annual and quarterly history with growth and margin analysis.
| Metric (BRL Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 49,131↑3.6% | 47,403↑19.2% | 39,756↓20.2% | 49,831↑21.6% | 40,965 | |
| Cost of Revenue | 33,846↑23.5% | 27,402↑9.3% | 25,077↑1.0% | 24,821↑20.4% | 20,616 | |
| Gross Profit | 15,285↓23.6% | 20,002↑36.3% | 14,679↓41.3% | 25,010↑22.9% | 20,350 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,790↓0.6% | 2,806↑34.5% | 2,086↑12.6% | 1,853↑9.4% | 1,694 | |
| Selling & Marketing Expenses | 3,313↑100.4% | 1,653↑21.3% | 1,363↑5.9% | 1,287↑14.1% | 1,128 | |
| SG&A Expenses | 6,103↑36.8% | 4,460↑29.3% | 3,449↑9.8% | 3,140↑11.3% | 2,821 | |
| Other Expenses | -2,025↓1259.6% | -149↑84.9% | -986↓179.6% | -353↑45.9% | -652 | |
| Operating Expenses | 4,078↓5.4% | 4,311↑75.0% | 2,463↓11.6% | 2,787↑28.4% | 2,170 | |
| Total Costs & Expenses | 37,925↑19.6% | 31,712↑15.2% | 27,539↓0.2% | 27,608↑21.2% | 22,785 | |
| Operating Results | ||||||
| Operating Income | 11,207↓28.6% | 15,691↑28.4% | 12,216↓45.0% | 22,223↑22.2% | 18,180 | |
| Depreciation & Amortization | 11,075↑24.8% | 8,875↑21.2% | 7,321↓1.6% | 7,438↑5.0% | 7,083 | |
| EBITDA | 22,282↓5.0% | 23,460↓20.2% | 29,397↓26.8% | 40,176↑104.3% | 19,665 | |
| EBIT | 11,207↓23.2% | 14,585↓33.9% | 22,076↓32.6% | 32,738↑160.2% | 12,582 | |
| Interest & Other Income | ||||||
| Net Interest Income | -4,988↓50.8% | -3,307↓16.7% | -2,834↑21.8% | -3,623↓2.2% | -3,544 | |
| Interest Income | 1,553↓2.8% | 1,598↑28.4% | 1,245↑28.7% | 967↑370.4% | 206 | |
| Interest Expense | 6,541↑33.4% | 4,905↑20.3% | 4,078↓11.2% | 4,590↑22.4% | 3,749 | |
| Non-Operating Income | 0.00↓100.0% | 1,106↑111.2% | -9,859↑6.2% | -10,515↓287.8% | 5,598 | |
| Other Income / Expenses | 8,804↑130.6% | -28,802↓598.2% | 5,781↓10.1% | 6,433↑168.8% | -9,347 | |
| Income Before Tax | 20,010↑252.6% | -13,111↓172.9% | 17,997↓37.2% | 28,656↑224.4% | 8,833 | |
| Income Tax Expense | 6,837↑212.7% | -6,066↓255.9% | 3,891↓26.0% | 5,261↑2564.7% | 197 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 13,174↑287.0% | -7,045↓149.9% | 14,106↓39.7% | 23,395↑170.9% | 8,636 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 13,145↑285.8% | -7,074↓150.2% | 14,085↓39.8% | 23,382↑171.0% | 8,626 | |
| Bottom-Line Net Income | 13,145↑285.8% | -7,074↓150.2% | 14,085↓39.8% | 23,382↑171.0% | 8,626 | |
| EPS (Basic) | 10.63↑290.2% | -5.59↓151.5% | 10.85↓38.3% | 17.58↑175.1% | 6.39 | |
| EPS (Diluted) | 10.63↑290.2% | -5.59↓151.5% | 10.85↓38.2% | 17.57↑175.0% | 6.39 | |
| Weighted Average Shares | 1,237↓2.2% | 1,265↓2.5% | 1,298↓2.4% | 1,330↓1.4% | 1,349 | |
| Weighted Average Diluted Shares | 1,240↓2.0% | 1,265↓2.5% | 1,298↓2.5% | 1,331↓1.4% | 1,350 | |
* All figures in Millions of BRL, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.