vs

Side-by-side financial comparison of Sylvamo Corp (SLVM) and Frontier Group Holdings, Inc. (ULCC). Click either name above to swap in a different company.

Frontier Group Holdings, Inc. is the larger business by last-quarter revenue ($997.0M vs $890.0M, roughly 1.1× Sylvamo Corp). Frontier Group Holdings, Inc. runs the higher net margin — 5.3% vs 3.7%, a 1.6% gap on every dollar of revenue. On growth, Frontier Group Holdings, Inc. posted the faster year-over-year revenue change (-0.5% vs -8.2%). Sylvamo Corp produced more free cash flow last quarter ($38.0M vs $-113.0M). Over the past eight quarters, Frontier Group Holdings, Inc.'s revenue compounded faster (7.4% CAGR vs -0.8%).

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.

Frontier Communications Parent, Inc. is an American telecommunications company with a fiber-optic network and cloud-based services owned by Verizon. It was previously known as Citizens Utilities Co., Citizens Communications Co., and Frontier Communications Corp.

SLVM vs ULCC — Head-to-Head

Bigger by revenue
ULCC
ULCC
1.1× larger
ULCC
$997.0M
$890.0M
SLVM
Growing faster (revenue YoY)
ULCC
ULCC
+7.7% gap
ULCC
-0.5%
-8.2%
SLVM
Higher net margin
ULCC
ULCC
1.6% more per $
ULCC
5.3%
3.7%
SLVM
More free cash flow
SLVM
SLVM
$151.0M more FCF
SLVM
$38.0M
$-113.0M
ULCC
Faster 2-yr revenue CAGR
ULCC
ULCC
Annualised
ULCC
7.4%
-0.8%
SLVM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SLVM
SLVM
ULCC
ULCC
Revenue
$890.0M
$997.0M
Net Profit
$33.0M
$53.0M
Gross Margin
Operating Margin
8.9%
4.9%
Net Margin
3.7%
5.3%
Revenue YoY
-8.2%
-0.5%
Net Profit YoY
-59.3%
-1.9%
EPS (diluted)
$0.81
$0.24

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
SLVM
SLVM
ULCC
ULCC
Q4 25
$890.0M
$997.0M
Q3 25
$846.0M
$886.0M
Q2 25
$794.0M
$929.0M
Q1 25
$821.0M
$912.0M
Q4 24
$970.0M
$1.0B
Q3 24
$965.0M
$935.0M
Q2 24
$933.0M
$973.0M
Q1 24
$905.0M
$865.0M
Net Profit
SLVM
SLVM
ULCC
ULCC
Q4 25
$33.0M
$53.0M
Q3 25
$57.0M
$-77.0M
Q2 25
$15.0M
$-70.0M
Q1 25
$27.0M
$-43.0M
Q4 24
$81.0M
$54.0M
Q3 24
$95.0M
$26.0M
Q2 24
$83.0M
$31.0M
Q1 24
$43.0M
$-26.0M
Operating Margin
SLVM
SLVM
ULCC
ULCC
Q4 25
8.9%
4.9%
Q3 25
11.6%
-8.7%
Q2 25
3.8%
-8.1%
Q1 25
5.4%
-5.0%
Q4 24
11.2%
4.5%
Q3 24
15.5%
2.0%
Q2 24
13.1%
2.6%
Q1 24
8.0%
-3.6%
Net Margin
SLVM
SLVM
ULCC
ULCC
Q4 25
3.7%
5.3%
Q3 25
6.7%
-8.7%
Q2 25
1.9%
-7.5%
Q1 25
3.3%
-4.7%
Q4 24
8.4%
5.4%
Q3 24
9.8%
2.8%
Q2 24
8.9%
3.2%
Q1 24
4.8%
-3.0%
EPS (diluted)
SLVM
SLVM
ULCC
ULCC
Q4 25
$0.81
$0.24
Q3 25
$1.41
$-0.34
Q2 25
$0.37
$-0.31
Q1 25
$0.65
$-0.19
Q4 24
$1.91
$0.24
Q3 24
$2.27
$0.11
Q2 24
$1.98
$0.14
Q1 24
$1.02
$-0.12

Balance Sheet & Financial Strength

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

Metric
SLVM
SLVM
ULCC
ULCC
Cash + ST InvestmentsLiquidity on hand
$198.0M
$671.0M
Total DebtLower is stronger
$763.0M
$620.0M
Stockholders' EquityBook value
$966.0M
$491.0M
Total Assets
$2.8B
$7.2B
Debt / EquityLower = less leverage
0.79×
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLVM
SLVM
ULCC
ULCC
Q4 25
$198.0M
$671.0M
Q3 25
$146.0M
$566.0M
Q2 25
$183.0M
$563.0M
Q1 25
$220.0M
$686.0M
Q4 24
$309.0M
$740.0M
Q3 24
$414.0M
$576.0M
Q2 24
$213.0M
$658.0M
Q1 24
$218.0M
$622.0M
Total Debt
SLVM
SLVM
ULCC
ULCC
Q4 25
$763.0M
$620.0M
Q3 25
$778.0M
$673.0M
Q2 25
$767.0M
$565.0M
Q1 25
$794.0M
$512.0M
Q4 24
$782.0M
$507.0M
Q3 24
$883.0M
$474.0M
Q2 24
$894.0M
$455.0M
Q1 24
$921.0M
$469.0M
Stockholders' Equity
SLVM
SLVM
ULCC
ULCC
Q4 25
$966.0M
$491.0M
Q3 25
$977.0M
$434.0M
Q2 25
$959.0M
$506.0M
Q1 25
$908.0M
$570.0M
Q4 24
$847.0M
$604.0M
Q3 24
$937.0M
$549.0M
Q2 24
$830.0M
$520.0M
Q1 24
$889.0M
$484.0M
Total Assets
SLVM
SLVM
ULCC
ULCC
Q4 25
$2.8B
$7.2B
Q3 25
$2.7B
$6.7B
Q2 25
$2.7B
$6.5B
Q1 25
$2.6B
$6.5B
Q4 24
$2.6B
$6.2B
Q3 24
$2.9B
$5.8B
Q2 24
$2.7B
$5.7B
Q1 24
$2.6B
$5.2B
Debt / Equity
SLVM
SLVM
ULCC
ULCC
Q4 25
0.79×
1.26×
Q3 25
0.80×
1.55×
Q2 25
0.80×
1.12×
Q1 25
0.87×
0.90×
Q4 24
0.92×
0.84×
Q3 24
0.94×
0.86×
Q2 24
1.08×
0.88×
Q1 24
1.04×
0.97×

Cash Flow & Capital Efficiency

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

Metric
SLVM
SLVM
ULCC
ULCC
Operating Cash FlowLast quarter
$94.0M
$-91.0M
Free Cash FlowOCF − Capex
$38.0M
$-113.0M
FCF MarginFCF / Revenue
4.3%
-11.3%
Capex IntensityCapex / Revenue
6.3%
2.2%
Cash ConversionOCF / Net Profit
2.85×
-1.72×
TTM Free Cash FlowTrailing 4 quarters
$44.0M
$-600.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLVM
SLVM
ULCC
ULCC
Q4 25
$94.0M
$-91.0M
Q3 25
$87.0M
$-215.0M
Q2 25
$64.0M
$-133.0M
Q1 25
$23.0M
$-86.0M
Q4 24
$164.0M
$87.0M
Q3 24
$163.0M
$-156.0M
Q2 24
$115.0M
$9.0M
Q1 24
$27.0M
$-22.0M
Free Cash Flow
SLVM
SLVM
ULCC
ULCC
Q4 25
$38.0M
$-113.0M
Q3 25
$33.0M
$-217.0M
Q2 25
$-2.0M
$-166.0M
Q1 25
$-25.0M
$-104.0M
Q4 24
$100.0M
$73.0M
Q3 24
$119.0M
$-170.0M
Q2 24
$62.0M
$-22.0M
Q1 24
$-33.0M
$-39.0M
FCF Margin
SLVM
SLVM
ULCC
ULCC
Q4 25
4.3%
-11.3%
Q3 25
3.9%
-24.5%
Q2 25
-0.3%
-17.9%
Q1 25
-3.0%
-11.4%
Q4 24
10.3%
7.3%
Q3 24
12.3%
-18.2%
Q2 24
6.6%
-2.3%
Q1 24
-3.6%
-4.5%
Capex Intensity
SLVM
SLVM
ULCC
ULCC
Q4 25
6.3%
2.2%
Q3 25
6.4%
0.2%
Q2 25
8.3%
3.6%
Q1 25
5.8%
2.0%
Q4 24
6.6%
1.4%
Q3 24
4.6%
1.5%
Q2 24
5.7%
3.2%
Q1 24
6.6%
2.0%
Cash Conversion
SLVM
SLVM
ULCC
ULCC
Q4 25
2.85×
-1.72×
Q3 25
1.53×
Q2 25
4.27×
Q1 25
0.85×
Q4 24
2.02×
1.61×
Q3 24
1.72×
-6.00×
Q2 24
1.39×
0.29×
Q1 24
0.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLVM
SLVM

Segment breakdown not available.

ULCC
ULCC

Aircraft Fare$453.0M45%
Passenger Service Fees$227.0M23%
Passenger Baggage$177.0M18%
Passenger Seat Selection$69.0M7%
Other Passenger Revenue$36.0M4%
Other$35.0M4%

Related Comparisons