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Side-by-side financial comparison of CONDUENT Inc (CNDT) and Sylvamo Corp (SLVM). Click either name above to swap in a different company.

Sylvamo Corp is the larger business by last-quarter revenue ($890.0M vs $770.0M, roughly 1.2× CONDUENT Inc). Sylvamo Corp runs the higher net margin — 3.7% vs -4.3%, a 8.0% gap on every dollar of revenue. On growth, CONDUENT Inc posted the faster year-over-year revenue change (-3.8% vs -8.2%). Sylvamo Corp produced more free cash flow last quarter ($38.0M vs $24.0M). Over the past eight quarters, Sylvamo Corp's revenue compounded faster (-0.8% CAGR vs -8.6%).

Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox. The company offers digital platforms for businesses and governments. As of 2026, it has over 54,000 employees working across 24 countries.

Sylvamo Corp is a leading global manufacturer of sustainable paper and pulp products. Its core offerings include uncoated printing paper, packaging paper, and market pulp, serving office supplies, publishing, commercial printing, and packaging segments across North America, Europe, and Latin America.

CNDT vs SLVM — Head-to-Head

Bigger by revenue
SLVM
SLVM
1.2× larger
SLVM
$890.0M
$770.0M
CNDT
Growing faster (revenue YoY)
CNDT
CNDT
+4.5% gap
CNDT
-3.8%
-8.2%
SLVM
Higher net margin
SLVM
SLVM
8.0% more per $
SLVM
3.7%
-4.3%
CNDT
More free cash flow
SLVM
SLVM
$14.0M more FCF
SLVM
$38.0M
$24.0M
CNDT
Faster 2-yr revenue CAGR
SLVM
SLVM
Annualised
SLVM
-0.8%
-8.6%
CNDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNDT
CNDT
SLVM
SLVM
Revenue
$770.0M
$890.0M
Net Profit
$-33.0M
$33.0M
Gross Margin
19.0%
Operating Margin
-3.6%
8.9%
Net Margin
-4.3%
3.7%
Revenue YoY
-3.8%
-8.2%
Net Profit YoY
-175.0%
-59.3%
EPS (diluted)
$-0.25
$0.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNDT
CNDT
SLVM
SLVM
Q4 25
$770.0M
$890.0M
Q3 25
$767.0M
$846.0M
Q2 25
$754.0M
$794.0M
Q1 25
$751.0M
$821.0M
Q4 24
$800.0M
$970.0M
Q3 24
$807.0M
$965.0M
Q2 24
$828.0M
$933.0M
Q1 24
$921.0M
$905.0M
Net Profit
CNDT
CNDT
SLVM
SLVM
Q4 25
$-33.0M
$33.0M
Q3 25
$-46.0M
$57.0M
Q2 25
$-40.0M
$15.0M
Q1 25
$-51.0M
$27.0M
Q4 24
$-12.0M
$81.0M
Q3 24
$123.0M
$95.0M
Q2 24
$216.0M
$83.0M
Q1 24
$99.0M
$43.0M
Gross Margin
CNDT
CNDT
SLVM
SLVM
Q4 25
19.0%
Q3 25
17.7%
Q2 25
18.2%
Q1 25
17.7%
Q4 24
17.3%
Q3 24
18.7%
Q2 24
18.2%
Q1 24
20.2%
Operating Margin
CNDT
CNDT
SLVM
SLVM
Q4 25
-3.6%
8.9%
Q3 25
-5.0%
11.6%
Q2 25
-5.0%
3.8%
Q1 25
-7.5%
5.4%
Q4 24
-10.3%
11.2%
Q3 24
19.7%
15.5%
Q2 24
36.2%
13.1%
Q1 24
13.8%
8.0%
Net Margin
CNDT
CNDT
SLVM
SLVM
Q4 25
-4.3%
3.7%
Q3 25
-6.0%
6.7%
Q2 25
-5.3%
1.9%
Q1 25
-6.8%
3.3%
Q4 24
-1.5%
8.4%
Q3 24
15.2%
9.8%
Q2 24
26.1%
8.9%
Q1 24
10.7%
4.8%
EPS (diluted)
CNDT
CNDT
SLVM
SLVM
Q4 25
$-0.25
$0.81
Q3 25
$-0.30
$1.41
Q2 25
$-0.26
$0.37
Q1 25
$-0.33
$0.65
Q4 24
$-0.02
$1.91
Q3 24
$0.72
$2.27
Q2 24
$1.07
$1.98
Q1 24
$0.46
$1.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNDT
CNDT
SLVM
SLVM
Cash + ST InvestmentsLiquidity on hand
$233.0M
$198.0M
Total DebtLower is stronger
$665.0M
$763.0M
Stockholders' EquityBook value
$685.0M
$966.0M
Total Assets
$2.4B
$2.8B
Debt / EquityLower = less leverage
0.97×
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNDT
CNDT
SLVM
SLVM
Q4 25
$233.0M
$198.0M
Q3 25
$248.0M
$146.0M
Q2 25
$275.0M
$183.0M
Q1 25
$277.0M
$220.0M
Q4 24
$366.0M
$309.0M
Q3 24
$393.0M
$414.0M
Q2 24
$300.0M
$213.0M
Q1 24
$415.0M
$218.0M
Total Debt
CNDT
CNDT
SLVM
SLVM
Q4 25
$665.0M
$763.0M
Q3 25
$778.0M
Q2 25
$767.0M
Q1 25
$794.0M
Q4 24
$615.0M
$782.0M
Q3 24
$883.0M
Q2 24
$894.0M
Q1 24
$921.0M
Stockholders' Equity
CNDT
CNDT
SLVM
SLVM
Q4 25
$685.0M
$966.0M
Q3 25
$717.0M
$977.0M
Q2 25
$777.0M
$959.0M
Q1 25
$800.0M
$908.0M
Q4 24
$839.0M
$847.0M
Q3 24
$877.0M
$937.0M
Q2 24
$751.0M
$830.0M
Q1 24
$701.0M
$889.0M
Total Assets
CNDT
CNDT
SLVM
SLVM
Q4 25
$2.4B
$2.8B
Q3 25
$2.5B
$2.7B
Q2 25
$2.5B
$2.7B
Q1 25
$2.5B
$2.6B
Q4 24
$2.6B
$2.6B
Q3 24
$2.8B
$2.9B
Q2 24
$2.8B
$2.7B
Q1 24
$3.1B
$2.6B
Debt / Equity
CNDT
CNDT
SLVM
SLVM
Q4 25
0.97×
0.79×
Q3 25
0.80×
Q2 25
0.80×
Q1 25
0.87×
Q4 24
0.73×
0.92×
Q3 24
0.94×
Q2 24
1.08×
Q1 24
1.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNDT
CNDT
SLVM
SLVM
Operating Cash FlowLast quarter
$39.0M
$94.0M
Free Cash FlowOCF − Capex
$24.0M
$38.0M
FCF MarginFCF / Revenue
3.1%
4.3%
Capex IntensityCapex / Revenue
1.9%
6.3%
Cash ConversionOCF / Net Profit
2.85×
TTM Free Cash FlowTrailing 4 quarters
$-132.0M
$44.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNDT
CNDT
SLVM
SLVM
Q4 25
$39.0M
$94.0M
Q3 25
$-39.0M
$87.0M
Q2 25
$-15.0M
$64.0M
Q1 25
$-58.0M
$23.0M
Q4 24
$41.0M
$164.0M
Q3 24
$-13.0M
$163.0M
Q2 24
$-41.0M
$115.0M
Q1 24
$-37.0M
$27.0M
Free Cash Flow
CNDT
CNDT
SLVM
SLVM
Q4 25
$24.0M
$38.0M
Q3 25
$-54.0M
$33.0M
Q2 25
$-30.0M
$-2.0M
Q1 25
$-72.0M
$-25.0M
Q4 24
$30.0M
$100.0M
Q3 24
$-21.0M
$119.0M
Q2 24
$-59.0M
$62.0M
Q1 24
$-50.0M
$-33.0M
FCF Margin
CNDT
CNDT
SLVM
SLVM
Q4 25
3.1%
4.3%
Q3 25
-7.0%
3.9%
Q2 25
-4.0%
-0.3%
Q1 25
-9.6%
-3.0%
Q4 24
3.8%
10.3%
Q3 24
-2.6%
12.3%
Q2 24
-7.1%
6.6%
Q1 24
-5.4%
-3.6%
Capex Intensity
CNDT
CNDT
SLVM
SLVM
Q4 25
1.9%
6.3%
Q3 25
2.0%
6.4%
Q2 25
2.0%
8.3%
Q1 25
1.9%
5.8%
Q4 24
1.4%
6.6%
Q3 24
1.0%
4.6%
Q2 24
2.2%
5.7%
Q1 24
1.4%
6.6%
Cash Conversion
CNDT
CNDT
SLVM
SLVM
Q4 25
2.85×
Q3 25
1.53×
Q2 25
4.27×
Q1 25
0.85×
Q4 24
2.02×
Q3 24
-0.11×
1.72×
Q2 24
-0.19×
1.39×
Q1 24
-0.37×
0.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNDT
CNDT

Government Segment$230.0M30%
Integrated Digital Solutions$134.0M17%
Customer Experience Management$127.0M16%
B Paa S$116.0M15%
Government Services Solutions$93.0M12%
Transferred At Point In Time$36.0M5%
Other$34.0M4%

SLVM
SLVM

Segment breakdown not available.

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