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

Sylvamo Corp is the larger business by last-quarter revenue ($890.0M vs $652.7M, roughly 1.4× WEX Inc.). WEX Inc. runs the higher net margin — 10.1% vs 3.7%, a 6.4% gap on every dollar of revenue. On growth, WEX Inc. posted the faster year-over-year revenue change (-3.1% vs -8.2%). Sylvamo Corp produced more free cash flow last quarter ($38.0M vs $-9.2M). Over the past eight quarters, WEX Inc.'s revenue compounded faster (16.8% 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.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

SLVM vs WEX — Head-to-Head

Bigger by revenue
SLVM
SLVM
1.4× larger
SLVM
$890.0M
$652.7M
WEX
Growing faster (revenue YoY)
WEX
WEX
+5.1% gap
WEX
-3.1%
-8.2%
SLVM
Higher net margin
WEX
WEX
6.4% more per $
WEX
10.1%
3.7%
SLVM
More free cash flow
SLVM
SLVM
$47.2M more FCF
SLVM
$38.0M
$-9.2M
WEX
Faster 2-yr revenue CAGR
WEX
WEX
Annualised
WEX
16.8%
-0.8%
SLVM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SLVM
SLVM
WEX
WEX
Revenue
$890.0M
$652.7M
Net Profit
$33.0M
$65.8M
Gross Margin
Operating Margin
8.9%
25.2%
Net Margin
3.7%
10.1%
Revenue YoY
-8.2%
-3.1%
Net Profit YoY
-59.3%
-15.3%
EPS (diluted)
$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
SLVM
SLVM
WEX
WEX
Q1 26
$652.7M
Q4 25
$890.0M
$465.1M
Q3 25
$846.0M
$481.6M
Q2 25
$794.0M
$454.4M
Q1 25
$821.0M
$444.3M
Q4 24
$970.0M
$440.3M
Q3 24
$965.0M
$479.0M
Q2 24
$933.0M
$478.6M
Net Profit
SLVM
SLVM
WEX
WEX
Q1 26
$65.8M
Q4 25
$33.0M
$84.2M
Q3 25
$57.0M
$80.3M
Q2 25
$15.0M
$68.1M
Q1 25
$27.0M
$71.5M
Q4 24
$81.0M
$63.9M
Q3 24
$95.0M
$102.9M
Q2 24
$83.0M
$77.0M
Gross Margin
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
43.0%
Q2 25
40.0%
Q1 25
39.2%
Q4 24
41.5%
Q3 24
48.0%
Q2 24
44.9%
Operating Margin
SLVM
SLVM
WEX
WEX
Q1 26
25.2%
Q4 25
8.9%
35.7%
Q3 25
11.6%
38.1%
Q2 25
3.8%
34.5%
Q1 25
5.4%
35.4%
Q4 24
11.2%
35.7%
Q3 24
15.5%
41.0%
Q2 24
13.1%
35.1%
Net Margin
SLVM
SLVM
WEX
WEX
Q1 26
10.1%
Q4 25
3.7%
18.1%
Q3 25
6.7%
16.7%
Q2 25
1.9%
15.0%
Q1 25
3.3%
16.1%
Q4 24
8.4%
14.5%
Q3 24
9.8%
21.5%
Q2 24
8.9%
16.1%
EPS (diluted)
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
$0.81
$2.38
Q3 25
$1.41
$2.30
Q2 25
$0.37
$1.98
Q1 25
$0.65
$1.81
Q4 24
$1.91
$1.60
Q3 24
$2.27
$2.52
Q2 24
$1.98
$1.83

Balance Sheet & Financial Strength

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

Metric
SLVM
SLVM
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$198.0M
$780.0M
Total DebtLower is stronger
$763.0M
Stockholders' EquityBook value
$966.0M
Total Assets
$2.8B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLVM
SLVM
WEX
WEX
Q1 26
$780.0M
Q4 25
$198.0M
$5.2B
Q3 25
$146.0M
$4.9B
Q2 25
$183.0M
$4.9B
Q1 25
$220.0M
$4.4B
Q4 24
$309.0M
$4.4B
Q3 24
$414.0M
$4.3B
Q2 24
$213.0M
$4.0B
Total Debt
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
$763.0M
Q3 25
$778.0M
Q2 25
$767.0M
Q1 25
$794.0M
Q4 24
$782.0M
Q3 24
$883.0M
Q2 24
$894.0M
Stockholders' Equity
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
$966.0M
$1.2B
Q3 25
$977.0M
$1.1B
Q2 25
$959.0M
$978.7M
Q1 25
$908.0M
$810.4M
Q4 24
$847.0M
$1.5B
Q3 24
$937.0M
$1.7B
Q2 24
$830.0M
$1.8B
Total Assets
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
$2.8B
$14.4B
Q3 25
$2.7B
$14.4B
Q2 25
$2.7B
$14.7B
Q1 25
$2.6B
$14.0B
Q4 24
$2.6B
$13.3B
Q3 24
$2.9B
$14.0B
Q2 24
$2.7B
$14.2B
Debt / Equity
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
0.79×
Q3 25
0.80×
Q2 25
0.80×
Q1 25
0.87×
Q4 24
0.92×
Q3 24
0.94×
Q2 24
1.08×

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
WEX
WEX
Operating Cash FlowLast quarter
$94.0M
Free Cash FlowOCF − Capex
$38.0M
$-9.2M
FCF MarginFCF / Revenue
4.3%
-1.4%
Capex IntensityCapex / Revenue
6.3%
5.2%
Cash ConversionOCF / Net Profit
2.85×
TTM Free Cash FlowTrailing 4 quarters
$44.0M
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
$94.0M
$294.7M
Q3 25
$87.0M
$376.6M
Q2 25
$64.0M
$264.6M
Q1 25
$23.0M
$-481.6M
Q4 24
$164.0M
$638.4M
Q3 24
$163.0M
$3.3M
Q2 24
$115.0M
$-7.0M
Free Cash Flow
SLVM
SLVM
WEX
WEX
Q1 26
$-9.2M
Q4 25
$38.0M
$256.3M
Q3 25
$33.0M
$341.6M
Q2 25
$-2.0M
$230.0M
Q1 25
$-25.0M
$-514.2M
Q4 24
$100.0M
$599.7M
Q3 24
$119.0M
$-31.7M
Q2 24
$62.0M
$-46.6M
FCF Margin
SLVM
SLVM
WEX
WEX
Q1 26
-1.4%
Q4 25
4.3%
55.1%
Q3 25
3.9%
70.9%
Q2 25
-0.3%
50.6%
Q1 25
-3.0%
-115.7%
Q4 24
10.3%
136.2%
Q3 24
12.3%
-6.6%
Q2 24
6.6%
-9.7%
Capex Intensity
SLVM
SLVM
WEX
WEX
Q1 26
5.2%
Q4 25
6.3%
8.3%
Q3 25
6.4%
7.3%
Q2 25
8.3%
7.6%
Q1 25
5.8%
7.3%
Q4 24
6.6%
8.8%
Q3 24
4.6%
7.3%
Q2 24
5.7%
8.3%
Cash Conversion
SLVM
SLVM
WEX
WEX
Q1 26
Q4 25
2.85×
3.50×
Q3 25
1.53×
4.69×
Q2 25
4.27×
3.89×
Q1 25
0.85×
-6.74×
Q4 24
2.02×
9.99×
Q3 24
1.72×
0.03×
Q2 24
1.39×
-0.09×

Financial Flow Comparison

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

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