Mercer International (MERC) Operating Margin (2010 - 2026)
Mercer International (MERC) reported Operating Margin of -12.81% for Q2 2026, up 0.07 percentage points from -12.88% a year earlier but down 6.09 percentage points from the prior quarter.
Mercer International (MERC) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mercer International's Operating Margin came in at -23.58%, down 23.97 percentage points year-over-year; for FY2025, it was -21.29%, down 22.03 percentage points from FY2024.
- Operating Margin has a five-year change of -25.77 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 0.73% in FY2024 (+10.20 pp), -9.47% in FY2023 (-26.67 pp), 17.20% in FY2022 (-2.02 pp) and 19.22% in FY2021 (+14.74 pp).
- Five-year quarterly Operating Margin spans a low of -61.95% in Q4 2025 and a high of 25.04% in Q4 2021.
- Year over year, Operating Margin gained in four of the last eight quarters, with an average year-over-year change of -9.34 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2024 (a gain of 22.30 percentage points); the low point was Q4 2025 (a drop of 72.27 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -6.72% (Q1 2026), -61.95% (Q4 2025) and -14.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Weyerhaeuser | 14.22 Bn | 12.53 Bn | 311.00 Mn | 11.94% |
| 2 | Suzano | 10.83 Bn | -7.74 Bn | 558.88 Mn | 24.06% |
| 3 | West Fraser Timber | 5.65 Bn | 4.75 Bn | 381.00 Mn | -5.16% |
| 4 | Sylvamo | 1.39 Bn | 1.27 Bn | 132.00 Mn | 3.72% |
| 5 | CL Workshop | 22.18 Mn | 15.34 Mn | - | - |
| 6 | Mercer International | 21.45 Mn | -426.78 Mn | 10.48 Mn | -12.81% |
| 7 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 3.85% |
| 8 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 11.70% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 4.34% |
| 10 | Boise Cascade | 2.67 Bn | 1.04 Bn | 327.87 Mn | 4.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.81% |
| Mar 31, 2026 | -6.72% |
| Dec 31, 2025 | -61.95% |
| Sep 30, 2025 | -14.76% |
| Jun 30, 2025 | -12.88% |
| Mar 31, 2025 | 1.33% |
| Dec 31, 2024 | 10.32% |
| Sep 30, 2024 | 1.76% |
| Jun 30, 2024 | -8.77% |
| Mar 31, 2024 | -0.08% |
| Dec 31, 2023 | -11.99% |
| Sep 30, 2023 | -0.73% |
| Jun 30, 2023 | -20.54% |
| Mar 31, 2023 | -3.85% |
| Dec 31, 2022 | 8.11% |
| Sep 30, 2022 | 20.41% |
| Jun 30, 2022 | 19.92% |
| Mar 31, 2022 | 20.64% |
| Dec 31, 2021 | 25.04% |
| Sep 30, 2021 | 24.22% |
Mercer International Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=MERC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MERC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MERC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();