West Fraser Timber Co had the highest net income of any forestry and paper company worldwide in 2021, at 2.95 billion U.S. dollars. This was followed by Suzano, which had net income of 1.67 billion U.S. dollars.
Leading forestry and paper companies worldwide in 2021, by net income
(in billion U.S. dollars)
Characteristic
Net income in billion U.S. dollars
West Fraser Timber Co (Canada)
2.95
Suzano (Brazil)
1.67
UPM Kymmene (Finland)
1.45
Stora Enso (Finland)
1.43
International Paper, (United States)
1.12
Nine Dragons Paper (Hong Kong)
0.93
Oji Holdings (Japan)
0.78
Svenska Cellulosa (SCA), Sweden
0.65
Lee & Man Paper Manufacturing (Hong Kong)
0.53
Sylvamo Corp
0.33
Created with Highcharts 7.2.2Net income in billion U.S. dollars2.952.951.671.671.451.451.431.431.121.120.930.930.780.780.650.650.530.530.330.33West Fraser Timber Co (Canada)Suzano (Brazil)UPM Kymmene (Finland)Stora Enso (Finland)International Paper, (United States)Nine Dragons Paper (Hong Kong)Oji Holdings (Japan)Svenska Cellulosa (SCA), SwedenLee & Man Paper Manufacturing (Hong Kong)Sylvamo Corp
01230.250.50.751.251.51.752.252.52.753.25
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Figures have been rounded. The ranking was compiled based on latest available data. Therefore, some data may refer to different fiscal year timeframes.
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Financial Times. (February 28, 2022). Leading forestry and paper companies worldwide in 2021, by net income (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 15, 2025, from https://www.statista.com/statistics/203214/forest-paper-and-packaging-net-income/
Financial Times. "Leading forestry and paper companies worldwide in 2021, by net income (in billion U.S. dollars)." Chart. February 28, 2022. Statista. Accessed April 15, 2025. https://www.statista.com/statistics/203214/forest-paper-and-packaging-net-income/
Financial Times. (2022). Leading forestry and paper companies worldwide in 2021, by net income (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 15, 2025. https://www.statista.com/statistics/203214/forest-paper-and-packaging-net-income/
Financial Times. "Leading Forestry and Paper Companies Worldwide in 2021, by Net Income (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/203214/forest-paper-and-packaging-net-income/
Financial Times, Leading forestry and paper companies worldwide in 2021, by net income (in billion U.S. dollars) Statista, https://www.statista.com/statistics/203214/forest-paper-and-packaging-net-income/ (last visited April 15, 2025)
Leading forestry and paper companies worldwide in 2021, by net income (in billion U.S. dollars) [Graph], Financial Times, February 28, 2022. [Online]. Available: https://www.statista.com/statistics/203214/forest-paper-and-packaging-net-income/
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