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Industry · 3 companies

Paper & Paper Products Stocks in the US

The 3 Paper & Paper Products companies we score in the US are Suzano S.A. ($12.0B, the largest), Sylvamo Corporation and Clearwater Paper Corporation. 1 of the 3 companies we score beats S&P 500 on share price over recent months. Prices are as of 6 Nov 2026.

Paper & Paper Products: Suzano S.A. owns the largest revenue base AND the fastest current growth.

3Companies every listed company in this industry
$13.7BCombined market value all of them together
1/2Revenue growing revenue over the last 12 months up on a year earlier
1/3Beating S&P 500 share price doing better than the index (relative strength)
1 of 3 beat the S&P 500 on share price over recent months

The main question: the lead sits with a few companies, so how long it lasts matters more than the rank.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Paper & Paper Products stocks in the US?

The largest Paper & Paper Products stocks in the US by market value are Suzano S.A. ($12.0B), Sylvamo Corporation ($1.6B) and Clearwater Paper Corporation ($214M), at prices of 6 Nov 2026.

Share price | market value | P/E, biggest first. Prices and market values as of 6 Nov 2026; ratios as in the score list below.

How many Paper & Paper Products companies are listed in the US?

3 Paper & Paper Products companies in the Paper & Paper Products industry group (every listed company) have a page on Sector Alpha, by market value as of 6 November 2026, and all 3 are listed below, largest first. The largest is Suzano S.A. ($12 billion) and the smallest with a market value is Clearwater Paper Corporation.

Every Paper & Paper Products company with a page, largest first
CompanyMarket value
1. Suzano S.A. SUZ$12 billion
2. Sylvamo Corporation SLVM$1.6 billion
3. Clearwater Paper Corporation CLW$214 million

Download all 3 Paper & Paper Products companies (CSV)

How has Paper & Paper Products moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this industry is 54% behind S&P 500. Earnings across its companies fell 46% on average over the last four reported quarters.

Quiet · 1 year −13.2% ·

Price down, no fundamental support. 1 of 3 companies ahead of S&P 500 by 5% or more over three months.

Not ahead of S&P 500 on the three-month view this week; 1 of the 3 companies in the industry index above their 200-day average (no change from four weeks earlier); 1 of those 3 ahead of S&P 500 by 5% or more over three months (no change from four weeks earlier); earnings direction not measurable.

Not ahead of S&P 500, not building participation, not giving any back. Earnings not called, only 2 of 3 members have four comparable quarters on file, and three is the floor for a reading.

1Y

Paper & Paper Products against S&P 500

Both lines start at 200 in the first week shown

  • Paper & Paper Products 190
  • S&P 500 219
Paper & Paper Products against S&P 500
Week endingPaper & Paper ProductsS&P 500
14 Nov 2025200200
21 Nov 2025199196
28 Nov 2025204203
5 Dec 2025207204
12 Dec 2025207203
19 Dec 2025213203
26 Dec 2025208205
2 Jan 2026207203
9 Jan 2026221207
16 Jan 2026222206
23 Jan 2026218205
30 Jan 2026205206
6 Feb 2026213206
13 Feb 2026225203
20 Feb 2026209205
27 Feb 2026207204
6 Mar 2026196200
13 Mar 2026183197
20 Mar 2026170193
27 Mar 2026184189
3 Apr 2026192195
10 Apr 2026189202
17 Apr 2026193211
24 Apr 2026184213
1 May 2026180215
8 May 2026179220
15 May 2026167220
22 May 2026172222
29 May 2026182225
5 Jun 2026178220
12 Jun 2026192221
19 Jun 2026187222
26 Jun 2026181217
3 Jul 2026178222
10 Jul 2026180225
17 Jul 2026180221
24 Jul 2026184220
31 Jul 2026200222
7 Aug 2026211230
14 Aug 2026200231
21 Aug 2026204228
28 Aug 2026201229
4 Sep 2026203229
11 Sep 2026200227
18 Sep 2026203227
25 Sep 2026197230
2 Oct 2026188229
9 Oct 2026186232
16 Oct 2026187227
23 Oct 2026187226
30 Oct 2026172225
6 Nov 2026190219

3Y

Paper & Paper Products against S&P 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Paper & Paper Products 130
  • S&P 500 326
Paper & Paper Products against S&P 500
Week endingPaper & Paper ProductsS&P 500
17 Nov 2023200200
24 Nov 2023202202
8 Dec 2023191204
22 Dec 2023210210
5 Jan 2024205208
19 Jan 2024195214
2 Feb 2024192219
16 Feb 2024199222
1 Mar 2024216228
15 Mar 2024227226
29 Mar 2024237232
12 Apr 2024221227
26 Apr 2024217225
10 May 2024187231
24 May 2024177235
7 Jun 2024170237
21 Jun 2024167242
5 Jul 2024186246
19 Jul 2024178244
2 Aug 2024172236
16 Aug 2024185246
30 Aug 2024181250
13 Sep 2024181249
27 Sep 2024186254
11 Oct 2024180257
25 Oct 2024193257
8 Nov 2024189265
22 Nov 2024195264
6 Dec 2024199270
20 Dec 2024181262
3 Jan 2025189263
17 Jan 2025191265
31 Jan 2025201267
14 Feb 2025193271
28 Feb 2025178264
14 Mar 2025176250
28 Mar 2025172247
11 Apr 2025164237
25 Apr 2025168244
9 May 2025165250
23 May 2025174257
6 Jun 2025178266
20 Jun 2025175264
4 Jul 2025178277
18 Jul 2025161278
1 Aug 2025148276
15 Aug 2025148285
29 Aug 2025151286
12 Sep 2025146292
26 Sep 2025144294
10 Oct 2025134290
24 Oct 2025140300
7 Nov 2025135298
21 Nov 2025137292
5 Dec 2025142304
19 Dec 2025146302
2 Jan 2026142303
16 Jan 2026153307
30 Jan 2026141307
13 Feb 2026154302
27 Feb 2026142304
13 Mar 2026126294
27 Mar 2026126281
10 Apr 2026130301
24 Apr 2026126317
8 May 2026123327
22 May 2026118331
5 Jun 2026122327
19 Jun 2026128331
3 Jul 2026122330
17 Jul 2026124330
31 Jul 2026137331
14 Aug 2026137344
28 Aug 2026138341
11 Sep 2026138339
25 Sep 2026136342
9 Oct 2026128345
23 Oct 2026129337
6 Nov 2026130326

5Y

Paper & Paper Products against S&P 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Paper & Paper Products 146
  • S&P 500 314
Paper & Paper Products against S&P 500
Week endingPaper & Paper ProductsS&P 500
19 Nov 2021200200
10 Dec 2021218201
7 Jan 2022220199
4 Feb 2022237191
4 Mar 2022235184
1 Apr 2022244193
29 Apr 2022211176
27 May 2022237177
24 Jun 2022191166
22 Jul 2022180169
19 Aug 2022200180
16 Sep 2022172164
14 Oct 2022186153
11 Nov 2022227170
9 Dec 2022217168
6 Jan 2023200166
3 Feb 2023189176
3 Mar 2023193172
31 Mar 2023171175
28 Apr 2023166177
26 May 2023189179
23 Jun 2023199185
21 Jul 2023192193
18 Aug 2023213186
15 Sep 2023223189
13 Oct 2023239184
10 Nov 2023231188
8 Dec 2023215196
5 Jan 2024230200
2 Feb 2024215211
1 Mar 2024242219
29 Mar 2024267223
26 Apr 2024243217
24 May 2024198226
21 Jun 2024188232
19 Jul 2024200234
16 Aug 2024208236
13 Sep 2024204240
11 Oct 2024202247
8 Nov 2024212255
6 Dec 2024224259
3 Jan 2025212253
31 Jan 2025225257
28 Feb 2025200253
28 Mar 2025193237
25 Apr 2025189235
23 May 2025195247
20 Jun 2025196253
18 Jul 2025181268
15 Aug 2025167274
12 Sep 2025164280
10 Oct 2025151279
7 Nov 2025152286
5 Dec 2025160292
2 Jan 2026160291
30 Jan 2026158295
27 Feb 2026160293
27 Mar 2026142270
24 Apr 2026142305
22 May 2026133318
19 Jun 2026144319
17 Jul 2026139317
14 Aug 2026154331
11 Sep 2026155326
9 Oct 2026144332
6 Nov 2026146314

Earnings, each company rebased to 100, the sector takes the median

Latest quarter July to September 2026: 20.9, from 2 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Jan 2022100.0 (2 companies)
Apr 202248.9 (2 companies)
Jul 202257.6 (2 companies)
Oct 202275.6 (2 companies)
Jan 202377.2 (2 companies)
Apr 2023108.2 (2 companies)
Jul 202394.3 (2 companies)
Oct 202379.9 (2 companies)
Jan 202458.5 (2 companies)
Apr 202443.8 (2 companies)
Jul 202460.6 (2 companies)
Oct 202456.2 (2 companies)
Jan 202553.3 (2 companies)
Apr 202560.2 (2 companies)
Jul 202550.4 (2 companies)
Oct 202559.0 (2 companies)
Jan 202648.3 (2 companies)
Apr 202635.2 (2 companies)
Jul 202620.9 (2 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the industry line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the industry taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Is Paper & Paper Products outperforming S&P 500?

Paper & Paper Products has done worse than the S&P 500 by 13.3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 7%. Suzano S.A. is the strongest against the sector itself at +10.7%.

−7.0%Sector vs S&P 500 · 13 weeks
−13.3%Sector vs S&P 500 · 52 weeks
1 of 3Stocks leading S&P 500
1 of 3Stocks leading the sector

What is the bottom line on Paper & Paper Products?

Paper & Paper Products has done worse than the S&P 500 by 13.3% over 52 weeks and by 7% over 13 weeks. 1 of 3 companies we track is beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 1 of 3 is ahead of the industry itself.

How does each Paper & Paper Products stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

Suzano S.A. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 82.3% evidence confidence.

Suzano S.A. scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

  1. 1Suzano S.A.SUZ · breaking out · mixed, leaning good · 82% evidence53.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.8/35 · Revenue 2% · PAT 26.9% · OPM change −7.1 pp · 95% evidenceCapital efficiency 6.9/25 · ROCE 5.1% · OPM 9.8% · 76% evidenceValuation 15.0/20 · P/E 6.6× · PEG 0.24 · 50% evidenceRelative strength 19.3/20 · RS sector 10.7% · RS bench 3.6% · 1Y 8.4% · 100% evidence · 7 of 12 weeks aheadExact sum: 11.8 + 6.9 + 15 + 19.3 = 53 · What this means: Relative strength against the index is 3.6%, and revenue and profit growth are weak.
  2. 2Sylvamo CorporationSLVM · turning · weak · 72% evidence34.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 6.8/35 · Revenue −9.8% · PAT −200% · OPM change 1.2 pp · 95% evidenceCapital efficiency 8.4/25 · ROCE 9.4% · OPM 12.7% · 76% evidenceValuation 10.0/20 · P/E 14.4× · PEG — · 0% evidenceRelative strength 9.4/20 · RS sector −1.3% · RS bench −8.1% · 1Y −8.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 6.8 + 8.4 + 10 + 9.4 = 34.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Clearwater Paper CorporationCLW · quiet · provisional · 55% evidence24.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.4/35 · Revenue — · PAT — · OPM change −1.8 pp · 45% evidenceCapital efficiency 3.8/25 · ROCE −6% · OPM −3.2% · 76% evidenceValuation 10.0/20 · P/E −15× · PEG — · 0% evidenceRelative strength 0.0/20 · RS sector −19.6% · RS bench −24.5% · 1Y −26.6% · 100% evidence · 10 of 12 weeks aheadExact sum: 10.4 + 3.8 + 10 + 0 = 24.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Paper & Paper Products share prices moved?

Suzano S.A. has the strongest one-year price move in Paper & Paper Products at +8.4%. It also leads on relative strength against the S&P 500, at +3.6%. 1 of 3 companies we track is ahead of the index on that measure. Every line covers 313 weekly closes through 6 November 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs S&P 500: How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Paper & Paper Products itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of all 3 companies, each started at 100

52 weekly closes

  • Suzano S.A. 108
  • Sylvamo Corporation 88
  • Clearwater Paper 73
  • S&P 500 109
Price of all 3 companies, each started at 100
Week endingSuzano S.A.Sylvamo CorporationClearwater PaperS&P 500
14 Nov 2025100100100100
21 Nov 20251001049598
28 Nov 2025100106100102
5 Dec 202510410998102
12 Dec 202510111298102
19 Dec 2025106111102101
26 Dec 202510510999103
2 Jan 202610710797102
9 Jan 2026107113111103
16 Jan 2026108114110103
23 Jan 2026111114101103
30 Jan 202610510992103
6 Feb 202610911397103
13 Feb 202612611596102
20 Feb 202612310984103
27 Feb 202612710382102
6 Mar 20261179781100
13 Mar 2026112937299
20 Mar 2026106836897
27 Mar 2026108907894
3 Apr 2026111958198
10 Apr 20261069481101
17 Apr 20261089782106
24 Apr 20261029280106
1 May 2026989773107
8 May 20261009275110
15 May 2026928373110
22 May 2026938577111
29 May 2026928889113
5 Jun 2026928684110
12 Jun 2026929397110
19 Jun 2026948892111
26 Jun 2026878892109
3 Jul 2026888687111
10 Jul 2026918787112
17 Jul 2026928688111
24 Jul 2026938592110
31 Jul 20269683115111
7 Aug 20269292128115
14 Aug 20269186117116
21 Aug 20269982119114
28 Aug 202610081114115
4 Sep 202610380115115
11 Sep 202610579111114
18 Sep 202610479114113
25 Sep 20269880111115
2 Oct 20269572108115
9 Oct 20269673104116
16 Oct 20269573106114
23 Oct 20269773106113
30 Oct 20261047273113
6 Nov 20261088873109

3Y

Price of all 3 companies, each started at 100

156 weekly closes, every 2nd shown

  • Suzano S.A. 90
  • Sylvamo Corporation 77
  • Clearwater Paper 44
  • S&P 500 163
Price of all 3 companies, each started at 100
Week endingSuzano S.A.Sylvamo CorporationClearwater PaperS&P 500
17 Nov 2023100––100
24 Nov 2023101––101
8 Dec 202396––102
22 Dec 2023105––105
5 Jan 2024102––104
19 Jan 202498––107
2 Feb 202496––110
16 Feb 202499––111
1 Mar 2024108––114
15 Mar 2024113––113
29 Mar 2024119––116
12 Apr 2024111––113
26 Apr 2024108––113
10 May 202493––116
24 May 202488––117
7 Jun 202485––119
21 Jun 202484––121
5 Jul 202493––123
19 Jul 202489––122
2 Aug 202486––118
16 Aug 202493––123
30 Aug 202490––125
13 Sep 202491––125
27 Sep 202493––127
11 Oct 202490––129
25 Oct 202497––129
8 Nov 202494––133
22 Nov 202497––132
6 Dec 2024100––135
20 Dec 202491––131
3 Jan 202594––131
17 Jan 202596––133
31 Jan 2025100––134
14 Feb 202596––135
28 Feb 202589––132
14 Mar 202588––125
28 Mar 202586––123
11 Apr 202582––118
25 Apr 202584––122
9 May 202583––125
23 May 202587––129
6 Jun 202589––133
20 Jun 202587––132
4 Jul 202589––139
18 Jul 2025849694139
1 Aug 2025868974138
15 Aug 2025928572143
29 Aug 2025909172143
12 Sep 2025888571146
26 Sep 2025868470147
10 Oct 2025828163145
24 Oct 2025858467150
7 Nov 2025838560149
21 Nov 2025839258146
5 Dec 2025869660152
19 Dec 2025889862151
2 Jan 2026889459152
16 Jan 20269010067153
30 Jan 2026879656154
13 Feb 202610410159151
27 Feb 20261059150152
13 Mar 2026938144147
27 Mar 2026897947141
10 Apr 2026878350151
24 Apr 2026858149158
8 May 2026828146164
22 May 2026777547165
5 Jun 2026767651164
19 Jun 2026787856166
3 Jul 2026737653165
17 Jul 2026767553165
31 Jul 2026797370166
14 Aug 2026757572172
28 Aug 2026837170171
11 Sep 2026876968170
25 Sep 2026817168171
9 Oct 2026806463173
23 Oct 2026806465169
6 Nov 2026907744163

5Y

Price of all 3 companies, each started at 100

260 weekly closes, every 4th shown

  • Suzano S.A. 101
  • Sylvamo Corporation 77
  • Clearwater Paper 44
  • S&P 500 157
Price of all 3 companies, each started at 100
Week endingSuzano S.A.Sylvamo CorporationClearwater PaperS&P 500
19 Nov 2021100––100
10 Dec 2021109––100
7 Jan 2022110––99
4 Feb 2022118––96
4 Mar 2022118––92
1 Apr 2022122––97
29 Apr 2022105––88
27 May 2022118––89
24 Jun 202295––83
22 Jul 202290––84
19 Aug 2022100––90
16 Sep 202286––82
14 Oct 202293––76
11 Nov 2022114––85
9 Dec 2022109––84
6 Jan 2023100––83
3 Feb 202394––88
3 Mar 202397––86
31 Mar 202386––87
28 Apr 202383––89
26 May 202395––90
23 Jun 2023100––92
21 Jul 202396––96
18 Aug 2023106––93
15 Sep 2023111––95
13 Oct 2023119––92
10 Nov 2023116––94
8 Dec 2023107––98
5 Jan 2024115––100
2 Feb 2024108––105
1 Mar 2024121––109
29 Mar 2024133––112
26 Apr 2024122––108
24 May 202499––113
21 Jun 202494––116
19 Jul 2024100––117
16 Aug 2024104––118
13 Sep 2024102––120
11 Oct 2024101––124
8 Nov 2024106––128
6 Dec 2024112––130
3 Jan 2025106––126
31 Jan 2025113––128
28 Feb 2025100––127
28 Mar 202597––119
25 Apr 202594––117
23 May 202598––124
20 Jun 202598––127
18 Jul 2025959694134
15 Aug 20251048572137
12 Sep 2025998571140
10 Oct 2025928163139
7 Nov 2025938560143
5 Dec 2025969660146
2 Jan 2026999459146
30 Jan 2026989656148
27 Feb 20261189150146
27 Mar 20261007947135
24 Apr 2026958149152
22 May 2026877547159
19 Jun 2026887856159
17 Jul 2026867553159
14 Aug 2026857572166
11 Sep 2026986968163
9 Oct 2026896463166
6 Nov 20261017744157

The S&P 500 line is dashed.

Biggest one-year moves

  1. 1Suzano S.A.SUZ · $12.0B+8.4%1 year
  2. 2Sylvamo CorporationSLVM · $1.6B−8.6%1 year
  3. 3Clearwater Paper CorporationCLW · $214M−26.6%1 year

Strongest against S&P 500

  1. 1Suzano S.A.SUZ · $12.0B+3.6%vs S&P 500
  2. 2Sylvamo CorporationSLVM · $1.6B−8.1%vs S&P 500
  3. 3Clearwater Paper CorporationCLW · $214M−24.5%vs S&P 500

Strongest against the sector itself

  1. 1Suzano S.A.SUZ · $12.0B+10.7%vs sector
  2. 2Sylvamo CorporationSLVM · $1.6B−1.3%vs sector
  3. 3Clearwater Paper CorporationCLW · $214M−19.6%vs sector

Which Paper & Paper Products companies have the most revenue, and which grow fastest?

Suzano S.A. has the highest Revenue among the 3 Paper & Paper Products companies compared here, at $52,188 million. Sylvamo Corporation is next at $3,096 million. The same company also has the highest Revenue growth, at 2%. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Suzano S.A. is the largest at $52,188 million, 16.9× the revenue of Sylvamo Corporation. Suzano S.A.'s growth is 2% from a $52,188 million base, with 20 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

Suzano S.A. · $52,188 millionLeader
16.9× versus #2 · Sylvamo CorporationGap
4/8 recent comparable periodsPersistence
3/3 companies · 58 observationsCoverage

What this means: Suzano S.A. is both the largest and the fastest-growing company here; the growth has to turn into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Suzano S.A.'s revenue growth slows for two consecutive comparable reports while its operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • Suzano S.A. $16.5B
  • Sylvamo Corporation $645M
  • Clearwater Paper Corporation $385M
Revenue, by reported quarter
QuarterSuzano S.A.Sylvamo CorporationClearwater Paper Corporation
Dec 2021$11.5B$778M$490M
Mar 2022$9.7B$821M$488M
Jun 2022$11.5B$912M$526M
Sep 2022$14.2B$968M$539M
Dec 2022$14.4B$927M$527M
Mar 2023$11.3B$941M$525M
Jun 2023$9.2B$919M—
Sep 2023$8.9B$897M$279M
Dec 2023$10.4B$964M$269M
Mar 2024$9.5B$905M$259M
Jun 2024$11.5B$933M$344M
Sep 2024$12.3B$965M$393M
Dec 2024$14.2B$970M—
Mar 2025$11.6B$821M$378M
Jun 2025$13.3B$794M$392M
Sep 2025$12.2B$846M$399M
Dec 2025$13.1B$890M$386M
Mar 2026$11.0B$755M$360M
Jun 2026$11.6B$806M$375M
Sep 2026$16.5B$645M$385M

Revenue growth, by reported quarter

  • Suzano S.A. 36%
  • Sylvamo Corporation −24%
  • Clearwater Paper Corporation −3.5%
Revenue growth, by reported quarter
QuarterSuzano S.A.Sylvamo CorporationClearwater Paper Corporation
Dec 2021———
Mar 2022———
Jun 202217%31%30%
Sep 202232%32%20%
Dec 202225%19%7.6%
Mar 202316%15%7.6%
Jun 2023−20%0.8%—
Sep 2023−37%−7.3%−48%
Dec 2023−28%4.0%−49%
Mar 2024−16%−3.8%−51%
Jun 202425%1.5%—
Sep 202437%7.6%41%
Dec 202437%0.6%—
Mar 202522%−9.3%46%
Jun 202516%−15%14%
Sep 2025−1.0%−12%1.5%
Dec 2025−7.5%−8.3%—
Mar 2026−5.1%−8.0%−4.8%
Jun 2026−13%1.5%−4.3%
Sep 202636%−24%−3.5%

3 of 3 companies report revenue, 2 of 3 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.

Revenue · largest

Revenue growth · fastest growers

  1. 1Suzano S.A.SUZ2.0%
  2. 2Sylvamo CorporationSLVM−9.8%

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
Suzano S.A. SUZ$16.5B36%Sep 2026
Sylvamo Corporation SLVM$645M−24%Sep 2026
Clearwater Paper Corporation CLW$385M−3.5%Sep 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Paper & Paper Products companies keep the most from each $100 of sales?

Sylvamo Corporation has the highest OPM among the 3 Paper & Paper Products companies compared here, at 12.7%. Suzano S.A. is next at 9.8%. The same company also has the highest Margin change, at +1.2 percentage points. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Sylvamo Corporation leads both opm at 12.7% and margin change at +1.2 percentage points.

Sylvamo Corporation · 12.7%Leader
29.6% versus #2 · Suzano S.A.Gap
2/8 recent comparable periodsPersistence
3/3 companies · 58 observationsCoverage

What this means: Sylvamo Corporation sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • Sylvamo Corporation 13%
  • Suzano S.A. 9.8%
  • Clearwater Paper Corporation −3.2%
OPM, by reported quarter
QuarterSylvamo CorporationSuzano S.A.Clearwater Paper Corporation
Dec 20219.6%37%5.6%
Mar 202212%35%6.8%
Jun 202215%40%6.6%
Sep 202217%47%9.0%
Dec 202215%44%−0.1%
Mar 202316%42%7.8%
Jun 20238.9%34%—
Sep 202311%19%7.4%
Dec 20238.9%26%1.5%
Mar 20247.6%28%1.7%
Jun 202413%52%−13%
Sep 202415%34%0.6%
Dec 202411%25%—
Mar 20255.1%21%1.3%
Jun 20253.8%25%3.6%
Sep 202512%17%−1.4%
Dec 20259.0%17%1.0%
Mar 20260.4%17%−7.8%
Jun 20261.5%27%−10%
Sep 202613%9.8%−3.2%

Margin change, by reported quarter

  • Sylvamo Corporation +1.2 pp
  • Suzano S.A. −7.1 pp
  • Clearwater Paper Corporation −1.8 pp
Margin change, by reported quarter
QuarterSylvamo CorporationSuzano S.A.Clearwater Paper Corporation
Dec 2021———
Mar 2022———
Jun 2022−1.3 pp−12.4 pp+20.5 pp
Sep 2022+5.0 pp+4.5 pp+4.6 pp
Dec 2022+5.4 pp+7.5 pp−5.7 pp
Mar 2023+3.8 pp+6.9 pp+1.0 pp
Jun 2023−5.8 pp−6.0 pp—
Sep 2023−5.9 pp−28.2 pp−1.6 pp
Dec 2023−6.1 pp−18.5 pp+1.6 pp
Mar 2024−8.1 pp−13.7 pp−6.1 pp
Jun 2024+4.2 pp+18.3 pp—
Sep 2024+4.0 pp+14.7 pp−6.8 pp
Dec 2024+2.1 pp−0.3 pp—
Mar 2025−2.5 pp−6.9 pp−0.4 pp
Jun 2025−9.3 pp−26.7 pp+16.1 pp
Sep 2025−3.6 pp−16.7 pp−2.0 pp
Dec 2025−2.0 pp−8.5 pp—
Mar 2026−4.7 pp−4.3 pp−9.1 pp
Jun 2026−2.3 pp+1.4 pp−14.0 pp
Sep 2026+1.2 pp−7.1 pp−1.8 pp

3 of 3 companies report OPM, 3 of 3 margin change.

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
Sylvamo Corporation SLVM13%+1.2 ppSep 2026
Suzano S.A. SUZ9.8%−7.1 ppSep 2026
Clearwater Paper Corporation CLW−3.2%−1.8 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Paper & Paper Products companies earn the most profit?

Suzano S.A. has the highest Net profit among the 3 Paper & Paper Products companies compared here, at $8,319 million. Clearwater Paper Corporation is next at $1 million. The same company also has the highest Profit growth, at 26.9%. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Suzano S.A. earns the most, $8,319 million of profit over the last 12 months, 8,319× the profit of Clearwater Paper Corporation. A fast rate from a small base matters less than a large profit that keeps coming.

Suzano S.A. · $8,319 millionLeader
8,319× versus #2 · Clearwater Paper CorporationGap
2/8 recent comparable periodsPersistence
3/3 companies · 58 observationsCoverage

What this means: Suzano S.A. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • Suzano S.A. $2.1B
  • Clearwater Paper Corporation −$2M
  • Sylvamo Corporation −$199M
Net profit, by reported quarter
QuarterSuzano S.A.Clearwater Paper CorporationSylvamo Corporation
Dec 2021$2.3B$10M$62M
Mar 2022$10.3B$17M$26M
Jun 2022$176M$15M−$59M
Sep 2022$5.4B$21M$57M
Dec 2022$7.5B−$6M$94M
Mar 2023$5.2B$24M$97M
Jun 2023$5.1B—$49M
Sep 2023−$733M$37M$58M
Dec 2023$4.5B$18M$49M
Mar 2024$215M$17M$43M
Jun 2024−$3.8B−$26M$83M
Sep 2024$3.2B$6M$95M
Dec 2024−$6.7B—$81M
Mar 2025$6.3B−$6M$27M
Jun 2025$5.0B$3M$15M
Sep 2025$2.0B−$53M$57M
Dec 2025$109M$38M$33M
Mar 2026$4.3B−$13M−$3M
Jun 2026$1.8B−$22M−$11M
Sep 2026$2.1B−$2M−$199M

Profit growth, by reported quarter

  • Suzano S.A. 7.7%
  • Clearwater Paper Corporation −833%
  • Sylvamo Corporation −449%
Profit growth, by reported quarter
QuarterSuzano S.A.Clearwater Paper CorporationSylvamo Corporation
Dec 2021———
Mar 2022———
Jun 2022−98%—−158%
Sep 2022—950%−38%
Dec 2022223%−160%52%
Mar 2023−49%41%273%
Jun 20232,782%——
Sep 2023−113%76%1.8%
Dec 2023−40%—−48%
Mar 2024−96%−29%−56%
Jun 2024−174%—69%
Sep 2024—−84%64%
Dec 2024−250%—65%
Mar 20252,849%−135%−37%
Jun 2025——−82%
Sep 2025−39%−983%−40%
Dec 2025——−59%
Mar 2026−32%—−111%
Jun 2026−64%−833%−173%
Sep 20267.7%—−449%

3 of 3 companies report net profit, 2 of 3 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
Suzano S.A. SUZ$2.1B7.7%Sep 2026
Clearwater Paper Corporation CLW−$2M−833%Sep 2026
Sylvamo Corporation SLVM−$199M−449%Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Paper & Paper Products companies earn the best return on capital?

Sylvamo Corporation has the highest ROCE among the 3 Paper & Paper Products companies compared here, at 9.4%. Suzano S.A. is next at 5.1%. Suzano S.A. has the highest ROCE change at −2.5 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Sylvamo Corporation leads ROCE at 9.4%, 4.3 percentage points above Suzano S.A. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

Sylvamo Corporation · 9.4%Leader
84.3% versus #2 · Suzano S.A.Gap
2/8 recent comparable periodsPersistence
3/3 companies · 58 observationsCoverage

What this means: Sylvamo Corporation sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Sylvamo Corporation 9.4%
  • Suzano S.A. 5.1%
  • Clearwater Paper Corporation −6.0%
ROCE, by reported quarter
QuarterSylvamo CorporationSuzano S.A.Clearwater Paper Corporation
Dec 202118%16%4.1%
Mar 202218%16%4.7%
Jun 202221%15%8.2%
Sep 202227%16%10%
Dec 202227%18%8.4%
Mar 202328%19%8.7%
Jun 202325%17%—
Sep 202322%12%4.2%
Dec 202319%9.4%4.7%
Mar 202416%7.7%2.1%
Jun 202419%9.4%−0.7%
Sep 202420%11%−1.6%
Dec 202423%12%—
Mar 202521%11%−2.7%
Jun 202516%9.2%1.6%
Sep 202514%7.6%1.0%
Dec 202512%6.5%1.3%
Mar 202610%6.1%−1.1%
Jun 20269.0%5.8%−5.1%
Sep 20269.4%5.1%−6.0%

ROCE change, by reported quarter

  • Sylvamo Corporation −4.1 pp
  • Suzano S.A. −2.5 pp
  • Clearwater Paper Corporation −7.0 pp
ROCE change, by reported quarter
QuarterSylvamo CorporationSuzano S.A.Clearwater Paper Corporation
Dec 2021———
Mar 2022———
Jun 2022———
Sep 2022———
Dec 2022+9.2 pp+1.9 pp+4.3 pp
Mar 2023+9.9 pp+2.2 pp+4.0 pp
Jun 2023+3.5 pp+1.8 pp—
Sep 2023−4.5 pp−4.0 pp−6.0 pp
Dec 2023−7.9 pp−8.3 pp−3.7 pp
Mar 2024−12.6 pp−10.9 pp−6.6 pp
Jun 2024−6.3 pp−7.5 pp—
Sep 2024−2.5 pp−1.0 pp−5.8 pp
Dec 2024+4.0 pp+2.1 pp—
Mar 2025+5.0 pp+3.6 pp−4.8 pp
Jun 2025−2.5 pp−0.2 pp+2.3 pp
Sep 2025−6.2 pp−3.7 pp+2.6 pp
Dec 2025−10.9 pp−5.0 pp—
Mar 2026−10.6 pp−5.2 pp+1.6 pp
Jun 2026−7.0 pp−3.4 pp−6.7 pp
Sep 2026−4.1 pp−2.5 pp−7.0 pp

3 of 3 companies report ROCE, 3 of 3 ROCE change.

ROCE · highest

ROCE change · fastest improvers

  1. 1Suzano S.A.SUZ−2.5 pp
  2. 2Sylvamo CorporationSLVM−4.1 pp
  3. 3Clearwater Paper CorporationCLW−7.0 pp

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Sylvamo Corporation SLVM9.4%−4.1 ppSep 2026
Suzano S.A. SUZ5.1%−2.5 ppSep 2026
Clearwater Paper Corporation CLW−6.0%−7.0 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Paper & Paper Products stocks valued against growth and quality?

Suzano S.A. has the lowest PEG among the 3 Paper & Paper Products companies compared here, at 0.24×. Clearwater Paper Corporation has the lowest P/E at −15×, so level and change sit with different companies. 1 of 3 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: That would need today's multiple, the company's own history and steady growth to agree.

Suzano S.A. · 0.24×Leader
Not enough peersGap
1/8 recent comparable periodsPersistence
1/3 companies · 5 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

PEG, by reported quarter
QuarterSuzano S.A.
Dec 2021—
Mar 2022—
Jun 2022—
Sep 2022—
Dec 2022—
Mar 2023—
Jun 2023—
Sep 2023—
Dec 2023—
Mar 2024—
Jun 2024—
Sep 2024—
Dec 2024—
Mar 2025—
Jun 2025—
Sep 2025—
Dec 2025—
Mar 2026—
Jun 20261.2
Sep 20260.2

P/E, by reported quarter

P/E, by reported quarter
QuarterSuzano S.A.
Dec 20219.4×
Mar 20223.4×
Jun 20225.7×
Sep 20223.2×
Dec 20222.7×
Mar 20233.0×
Jun 20232.5×
Sep 2023—
Dec 20235.1×
Mar 20249.1×
Jun 2024—
Sep 202416.4×
Dec 2024—
Mar 2025−69.1×
Jun 20258.1×
Sep 20259.4×
Dec 20254.7×
Mar 20265.6×
Jun 20266.0×
Sep 20266.6×

1 of 3 companies report PEG, 3 of 3 P/E.

PEG · lowest PEG

P/E · lowest P/E

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
Suzano S.A. SUZ0.26.6×Sep 2026
Sylvamo Corporation SLVM0.214.4×Sep 2026
Clearwater Paper Corporation CLW—−15.0×Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

What can make this comparison misleading?

This Paper & Paper Products comparison names 5 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 1 of the 5 ranked sections has fewer than three usable current readings. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Thin comparisons: Valuation have fewer than three usable current readings.

How was this comparison built?

This comparison is built from the reported filings of 3 Paper & Paper Products companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Sep 2026 and market data through 6 November 2026.

FundamentalsThrough Sep 2026 · up to 20 quarters per company
Market dataThrough 6 November 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.

What else do people ask about Paper & Paper Products stocks?

These 21 answers restate the Paper & Paper Products comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Sep 2026. Price and relative-strength answers run through 6 November 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Paper & Paper Products sector outperforming S&P 500?

Paper & Paper Products has done worse than the S&P 500 by 13.3% over 52 weeks and by 7% over 13 weeks.

1 of 3 companies we track is beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 1 of 3 is ahead of the industry itself.

Which Paper & Paper Products company is largest by revenue?

Suzano S.A. leads with revenue of $52,188 million, based on 3 of 3 comparable companies through Sep 2026.

Which Paper & Paper Products company is growing fastest?

Suzano S.A. has the fastest current revenue growth at 2%, across 2 of 3 comparable companies.

Which Paper & Paper Products company has the strongest 4-Factor Sector Score?

Suzano S.A. ranks first at 53 out of 100, with 82.3% of the evidence available. The score ranks published data; it is not a recommendation.

Which Paper & Paper Products company has the lowest comparable PEG?

Suzano S.A. has the lowest comparable PEG at 0.24, among 1 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Paper & Paper Products comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Sep 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Which Paper & Paper Products company is the biggest?

Suzano S.A. is the largest, with revenue of $52,188 million over the last 12 months, ahead of Sylvamo Corporation at $3,096 million. That covers 3 of 3 companies with comparable reporting through Sep 2026.

Which Paper & Paper Products company has the best profit margins?

Sylvamo Corporation has the highest operating margin at 12.7%, from 3 of 3 comparable companies. Sylvamo Corporation shows the biggest recent improvement, at +1.2 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.

Which Paper & Paper Products company makes the most profit?

Suzano S.A. earns the most, at $8,319 million of net profit over the last 12 months, from 3 of 3 comparable companies. Suzano S.A. has the fastest profit growth at 26.9%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Paper & Paper Products company earns the highest return on capital?

Sylvamo Corporation leads on return on capital employed at 9.4%, across 3 of 3 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Paper & Paper Products stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), Suzano S.A. has the lowest at 0.24×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry.

A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Paper & Paper Products sector beating the market?

Paper & Paper Products has done worse than the S&P 500 by 13.3% over the last 52 weeks and by 7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of the 3 companies we track is beating the market on their own.

Sector strength does not transfer evenly to every stock in it.

Which Paper & Paper Products stock has the strongest price momentum?

Suzano S.A. has the strongest relative strength against the S&P 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Paper & Paper Products company has the highest 4-Factor score?

Suzano S.A. scores 53 out of 100, with 82.3% of the evidence available, from 11.8 points on growth and earnings, 6.9 on capital efficiency, 15 on valuation and 19.3 on relative strength. It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Paper & Paper Products companies does this comparison cover, and over what period?

This comparison covers 3 listed companies over up to 20 reported quarters of fundamentals, ending Sep 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Paper & Paper Products sector?

The 3 Paper & Paper Products companies on this page carry $13,741 million of combined market value. Suzano S.A. is the largest at $11,961 million, about 87% of the sector's total on its own. Market value moves with price, so this reading is dated 6 November 2026.

How is the Paper & Paper Products sector performing?

1 of the 3 Paper & Paper Products companies we track is doing better than the S&P 500 on relative strength (how a share price has done against the index over recent months).

The sector itself is 13.3% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 6 November 2026.

How many Paper & Paper Products stocks are listed in the US?

This comparison covers 3 listed Paper & Paper Products companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Sep 2026. Membership is the full industry list, nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

More lists

Every Sector Alpha list, grouped

Every US industry against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Sep 2026 · Prices through 6 November 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

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