RYN · Rayonier Inc
$21.57
-0.19 (-0.87%)
At close · Aug 14
Market Cap
$6.47B
Shares
300.75M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$484.49M
-51%
FY2025
Net Income
$474.38M
+32.1%
FY2025
Gross Margin
32.46%
-12.1pp
FY2025
Operating Margin
17.2%
-19.7pp
FY2025
Diluted EPS
$3.03
+26.8%
FY2025
Operating Cash Flow
$256.66M
-1.9%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $678.35M | $484.49M | $987.93M | $788.37M | $909.07M | $1.11B | $859.15M | $711.56M | $816.14M | $819.6M | $815.92M | $568.8M | $603.52M | $659.72M | $378.61M | $1.42B | $1.32B | $1.17B | $1.27B | |
| — | — | — | — | — | — | — | — | — | — | $2.3M | $1.19M | $0 | $0 | — | — | — | — | — | |
| $1.41M | $1.45M | $1.49M | $1.41M | $1.28M | $1.15M | $605K | $0 | $1.09M | $1.08M | $1.04M | $19.22M | $17.57M | $19.48M | $15.94M | $13.07M | $12.14M | $13.58M | — | |
| $492.59M | $327.21M | $547.58M | $528.92M | $688.28M | $796.12M | $712.44M | $558.35M | $605.26M | $568.25M | $526.44M | $441.72M | $483.86M | $530.77M | $305.48M | $1.01B | $990.1M | $914.77M | $991.89M | |
| $185.76M | $157.28M | $440.35M | $259.46M | $220.79M | $313.48M | $146.72M | $153.21M | $210.88M | $251.34M | $289.48M | $127.08M | $119.66M | $128.95M | $73.13M | $414.66M | $325.13M | $253.8M | $279.15M | |
| — | 32.46% | 44.57% | 32.91% | 24.29% | 28.25% | 17.08% | 21.53% | 25.84% | 30.67% | 35.48% | 22.34% | 19.83% | 19.55% | 19.32% | 29.18% | 24.72% | 21.72% | 21.96% | |
| $71.67M | $66.69M | $74.44M | $74.8M | $64.67M | $57.79M | $50.65M | $41.65M | $41.95M | $40.25M | $42.79M | $45.75M | $47.88M | $55.43M | $58.63M | $65.25M | $67.1M | $62.63M | $64.5M | |
| — | — | $113.85M | $249.36M | $155.67M | $248.51M | $200.37M | $128.24M | $144.12M | $146M | $151.15M | $113.71M | $119.98M | $116.85M | $84.63M | $132.55M | $143.41M | $158.37M | $168.24M | |
| $0 | $1.11M | $1.14M | $0 | $0 | — | $17.2M | — | — | — | — | — | — | — | — | — | — | — | — | |
| $640.73M | $401.15M | $623.82M | $603.68M | $743.25M | $839.82M | $784.77M | $604.53M | $646.07M | $604.11M | $560.14M | $491.02M | $505.23M | $567.72M | $347.1M | $1.07B | $1.05B | $756.23M | $1.04B | |
| $37.62M | $83.34M | $364.11M | $184.7M | $165.82M | $269.78M | $74.39M | $107.03M | $170.07M | $215.49M | $255.78M | $77.78M | $98.29M | $108.66M | $32.06M | $357.29M | $281.95M | $409.51M | $226.44M | |
| — | 17.2% | 36.86% | 23.43% | 18.24% | 24.31% | 8.66% | 15.04% | 20.84% | 26.29% | 31.35% | 13.68% | 16.29% | 16.47% | 8.47% | 25.14% | 21.44% | 35.04% | 17.81% | |
| — | — | $477.96M | $434.06M | $321.49M | $518.28M | $274.76M | $235.26M | $314.19M | $361.49M | $406.92M | $191.49M | $218.27M | $225.51M | $116.69M | $489.84M | $425.36M | $567.88M | $394.68M | |
| $34.26M | $26.35M | $33.76M | $48.34M | $36.21M | $44.91M | $38.77M | $31.72M | $32.07M | $34.07M | $32.25M | $31.7M | $44.25M | $40.94M | $42.83M | $50.78M | $50.46M | $52.44M | $50.73M | |
| $28.57M | $24.29M | $8.21M | $1.78M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$3.99M | -$6.69M | $1.28M | $18.28M | $2.57M | $280K | $1.17M | $5.31M | $4.56M | $1.84M | -$698K | -$3M | -$9.2M | $2.44M | $482K | $843K | $1.32M | $1.81M | $2.31M | |
| — | — | — | — | $11.48M | — | $28.66M | $0 | $0 | $66.99M | $143.93M | $0 | $0 | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $562K | $550K | $4.09M | $1.03M | -$2.83M | -$715K | |
| $27.95M | $74.59M | $339.84M | $159.61M | $132.18M | $225.15M | $36.79M | $80.62M | $142.57M | $183.26M | $222.83M | $43.08M | $44.84M | $70.16M | -$10.29M | $307.36M | $232.8M | $358.88M | — | |
| -$39.19M | $527K | -$1.02M | $293K | $9.39M | $14.66M | $7.01M | $12.94M | $25.24M | $21.68M | $5.06M | -$859K | -$9.6M | -$35.69M | -$27.06M | $30.69M | $15.22M | $46.34M | $29.44M | |
| $465.37M | $474.38M | $359.15M | $173.49M | $107.08M | $152.55M | $37.08M | $59.11M | $102.22M | $148.84M | $211.97M | $46.17M | $99.34M | $371.9M | $278.69M | $276.01M | $217.59M | $312.54M | $148.58M | |
| — | 97.91% | 36.35% | 22.01% | 11.78% | 13.75% | 4.32% | 8.31% | 12.52% | 18.16% | 25.98% | 8.12% | 16.46% | 56.37% | 73.61% | 19.42% | 16.54% | 26.75% | 11.69% | |
| $6.14M | — | — | — | — | — | — | $8.57M | $15.11M | $12.74M | $5.8M | -$2.22M | -$1.49M | $1.9M | $0 | $0 | — | — | — | |
| $505.25M | $508.14M | $323.74M | $161.53M | $161.49M | $206.83M | -$5.6M | $27.66M | $89.04M | $161.4M | $242.89M | $17.49M | $140.65M | $435.14M | $282.75M | $230.92M | $228.97M | $331.1M | $75.93M | |
| USD/shares | — | $3.07 | $2.41 | $1.17 | $0.73 | $1.08 | $0.28 | $0.46 | $0.79 | $1.17 | $1.73 | $0.37 | $0.78 | $2.96 | $2.27 | $2.27 | $1.81 | $2.63 | $1.89 |
| USD/shares | — | $3.03 | $2.39 | $1.17 | $0.73 | $1.08 | $0.27 | $0.46 | $0.79 | $1.16 | $1.73 | $0.37 | $0.76 | $2.86 | $2.17 | $2.20 | $1.79 | $2.60 | $1.87 |
| shares | — | 154.76M | 148.84M | 148.05M | 146.21M | 140.81M | 133.87M | 129.26M | 129.04M | 127.37M | 122.59M | 125.39M | 126.46M | 125.72M | 122.71M | 121.66M | 120.24M | 118.58M | — |
| shares | — | 158.71M | 152.1M | 151.07M | 150.15M | 145.3M | 136.94M | 129.6M | 129.69M | 127.81M | 122.81M | 125.9M | 131.04M | 130.11M | 128.7M | 125.39M | 121.87M | 120.03M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $167.11M in buybacks, $3.15B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
11.56×
Peer median 8.25×
EV/EBIT
208.44×
Peer median 24.97×
P/E (TTM)
—
Peer median 24.80×
Peer medians compare against the 10 similar-size REIT - Specialty companies (of 19 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Southern Timber Segment | $228,309,000 | $251,642,000 | $265,134,000 | $264,201,000 | $204,441,000 | $191,831,000 | $194,111,000 | $169,995,000 |
| Real Estate Segment | $172,612,000 | $628,268,000 | $389,963,000 | $138,008,000 | $189,868,000 | $229,345,000 | $74,887,000 | $138,575,000 |
| Pacific Northwest Timber Segment | $83,564,000 | $108,019,000 | $133,276,000 | $162,237,000 | $143,021,000 | $120,809,000 | $85,414,000 | $109,832,000 |
| Elimination Segment | — | -$232,000 | -$468,000 | -$402,000 | -$3,657,000 | -$3,676,000 | -$155,000 | -$92,000 |
| New Zealand Timber Segment | — | $238,624,000 | $235,481,000 | $274,076,000 | $281,158,000 | $202,315,000 | $241,861,000 | $249,014,000 |
| Timber Funds Portion Attributable To Noncontrolling Interests | — | — | — | — | $159,100,000 | $22,700,000 | — | — |
| Timber Funds Segment | — | — | $0 | $0 | $199,402,000 | $29,557,000 | $0 | $0 |
| Trading Segment | — | $29,631,000 | $43,684,000 | $70,952,000 | $95,364,000 | $88,973,000 | $115,438,000 | $148,814,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $484,485,000 | $987,929,000 | $788,373,000 | $576,780,000 | $732,995,000 | $567,998,000 | $354,395,000 | $390,396,000 |
| New Zealand | — | — | — | $332,292,000 | $376,602,000 | $291,156,000 | $357,161,000 | $425,742,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Timber | $258,115,000 | $294,622,000 | $344,482,000 | $715,650,000 | $729,501,000 | $594,899,000 | $587,895,000 | $640,347,000 |
| Delivered Wood | $171,608,000 | $188,190,000 | $231,858,000 | $607,891,000 | $642,603,000 | $514,315,000 | — | — |
| Total Real Estate | $171,162,000 | $626,779,000 | $388,549,000 | $136,731,000 | $188,716,000 | $228,740,000 | $74,887,000 | $138,575,000 |
| Sawtimber | $166,168,000 | $189,362,000 | $232,758,000 | $515,251,000 | $564,502,000 | $449,178,000 | $439,473,000 | $499,966,000 |
| Stumpage | $86,507,000 | $106,432,000 | $112,624,000 | $107,759,000 | $86,898,000 | $80,584,000 | — | — |
| Pulpwood | $85,764,000 | $100,293,000 | $107,445,000 | $183,183,000 | $160,328,000 | $143,291,000 | $143,163,000 | $136,947,000 |
| Stumpage Pay As Cut | $82,480,000 | $97,377,000 | $109,583,000 | $98,967,000 | $69,239,000 | $70,415,000 | — | — |
| Nontimber | $53,758,000 | $65,039,000 | $53,928,000 | $55,414,000 | $190,228,000 | $34,910,000 | $48,774,000 | $37,216,000 |
| Non-Strategic Timberland | $53,500,000 | $610,000 | $3,347,000 | $11,400,000 | $44,000 | $19,255,000 | $1,338,000 | $75,281,000 |
| Rural | $48,581,000 | $72,913,000 | $99,665,000 | $59,485,000 | $43,088,000 | $67,152,000 | $47,647,000 | $46,280,000 |
| Improved Development | $47,160,000 | $30,754,000 | $30,707,000 | $35,413,000 | $51,713,000 | $14,498,000 | $5,882,000 | $8,336,000 |
| License Revenue Primarily from Hunting | $21,971,000 | $22,106,000 | $24,474,000 | $22,545,000 | $19,531,000 | $18,932,000 | $19,348,000 | $17,395,000 |
| Other Non Timber Revenue | $18,646,000 | $19,909,000 | $13,973,000 | — | — | — | — | — |
| Real Estate Other | $16,841,000 | $14,001,000 | $12,516,000 | -$38,000 | -$3,532,000 | $283,000 | $544,000 | $57,000 |
| Land Based Solutions | $11,336,000 | $14,568,000 | $5,344,000 | $1,074,000 | — | — | — | — |
| Hardwood | $6,183,000 | $4,967,000 | $4,279,000 | $17,216,000 | $4,671,000 | $2,430,000 | $5,259,000 | $3,433,000 |
| Unimproved Development | $5,080,000 | $12,400,000 | $114,000 | — | $37,500,000 | $8,426,000 | $19,476,000 | $8,621,000 |
| Stumpage Lump Sum | $4,027,000 | $9,055,000 | $3,041,000 | $8,792,000 | $17,659,000 | $10,169,000 | — | — |
| Trading | $1,805,000 | $8,456,000 | $10,137,000 | — | — | — | — | — |
| Agency Fee Income | — | $1,273,000 | $1,361,000 | $1,256,000 | $1,399,000 | $1,160,000 | $677,000 | $652,000 |
| Conservation Easement | — | $1,101,000 | — | — | $3,855,000 | $3,099,000 | — | — |
| Fund II Timberland Dispositions | — | — | — | — | $156,752,000 | — | — | — |
| Non Strategic Timberlands | — | — | — | — | — | — | $19,133,000 | $98,872,000 |
| Other Non-Timber Carbon Credit Revenue | — | $42,871,000 | $38,060,000 | $30,539,000 | — | — | — | — |
| Other Non Timber Carbon Revenue | — | — | $43,199,000 | $31,454,000 | $12,546,000 | $14,818,000 | $28,749,000 | $19,169,000 |
| Real Estate Large Dispositions | — | $495,000,000 | $242,200,000 | $30,471,000 | $56,048,000 | $116,027,000 | — | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Real Estate Segment | $62,325,000 | $335,122,000 | $156,605,000 | $58,495,000 | $112,540,000 | $71,951,000 | $38,665,000 | $76,240,000 |
| Southern Timber Segment | $61,104,000 | $77,903,000 | $76,335,000 | $96,616,000 | $66,111,000 | $41,247,000 | $57,804,000 | $44,245,000 |
| Pacific Northwest Timber Segment | $1,919,000 | -$6,296,000 | -$8,668,000 | $15,192,000 | $6,827,000 | -$9,979,000 | -$12,427,000 | $8,137,000 |
| New Zealand Timber Segment | — | $33,470,000 | $26,045,000 | $30,621,000 | $51,513,000 | $29,984,000 | $48,035,000 | $62,754,000 |
| Timber Funds Portion Attributable To Noncontrolling Interests | — | — | — | — | $45,600,000 | $11,600,000 | — | — |
| Timber Funds Segment | — | — | $0 | $0 | $63,219,000 | -$13,195,000 | $0 | $0 |
| Trading Segment | — | -$55,000 | $492,000 | $382,000 | $144,000 | -$462,000 | $8,000 | $953,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Southern Timber Segment | 26.8% | 31% | 28.8% | 36.6% | 32.3% | 21.5% | 29.8% | 26% |
| Real Estate Segment | 36.1% | 53.3% | 40.2% | 42.4% | 59.3% | 31.4% | 51.6% | 55% |
| Pacific Northwest Timber Segment | 2.3% | -5.8% | -6.5% | 9.4% | 4.8% | -8.3% | -14.5% | 7.4% |
| New Zealand Timber Segment | — | 14% | 11.1% | 11.2% | 18.3% | 14.8% | 19.9% | 25.2% |
| Timber Funds Portion Attributable To Noncontrolling Interests | — | — | — | — | 28.7% | 51.1% | — | — |
| Timber Funds Segment | — | — | — | — | 31.7% | -44.6% | — | — |
| Trading Segment | — | -0.2% | 1.1% | 0.5% | 0.2% | -0.5% | 0% | 0.6% |
Key facts
CIK
52827
CUSIP
754907103
13F (30d)
418 filings
416 filers
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