F

Sylvamo Corporation — Earnings Quality Grade F

SLVM · Basic Materials

Major red flags

Revenue
$3.4B
2025
Net Income
$132M
2025
Gross Margin
21.9%
Free Cash Flow
$44M
01

Screening Summary

15
Passed
1
Watch
1
Failed
-2.61
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 43 days, change +5 days YoY

A2AR vs Revenue Growth

AR growth -0.7% vs revenue growth -11.2%

A3Revenue vs CFFO

Revenue -11.2%, CFFO -42.9%. Cash follows revenue

02

Expense Quality

!
B1Inventory vs COGS

Inventory growth 15.8% exceeds COGS -7.7%

B2CapEx vs Revenue

CapEx growth 1.4% vs revenue -11.2%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 38.2%. Normal

B4Gross Margin

Gross margin 21.9%, change -3.0pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 2.03. Profits backed by cash

C2Free Cash Flow

FCF $0.0B, FCF/NI = 0.33

C3Accruals Ratio

Accruals ratio = -4.9%. Low accruals

C4Cash vs Debt

Cash $0.1B covers only 16% of debt $0.9B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.1B = 12% of equity. Manageable

D2Leverage

Debt/EBITDA = 2.0x. Healthy

D3Soft Asset Growth

Other assets 11.7% vs revenue -11.2%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change 3% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.61 (< -2.22). Unlikely manipulator

Portfolio monitoring

Monitor SLVM continuously

The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.

04

Beneish M-Score

Manipulation Probability-2.61
-4.0 Clean-2.22 Grey-1.78 Danger0
1.118
DSRI
AR growing faster than revenue?
1.136
GMI
Gross margin declining?
1.035
AQI
Asset quality deteriorating?
0.888
SGI
Revenue growth rate
0.975
DEPI
Depreciation slowing?
1.017
SGAI
SG&A ratio changing?
-0.0492
TATA
Accruals level
0.952
LVGI
Leverage increasing?
05

Altman Z-Score

4.98
Safe Zone
0 Distress1.102.605.0+ Safe
0.1303
Liquidity
0.9099
Cumulative profit
0.0883
Operating efficiency
0.5376
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25