RAYONIER ADVANCED MATERIALS INC. RYAM

Basic materials SIC 2611 - Pulp Mills NAICS Manufacturing › Paper Manufacturing › Pulp, Paper, and Paperboard Mills derived NYSE

RYAM is a global leader of cellulose and derivatives commonly used in the production of filters, food, pharmaceuticals, high performance plastics, propellants and various industrial applications. RYAM's specialized assets, capable of creating the world's leading cellulose specialties products, are also used to produce cellulose viscose pulp, cellulose fluff pulp, high-yield pulp and various value-added derivatives, including paperboard, biofuels, bioelectricity and lignin.

Before June 27, 2014, we consisted of Rayonier Inc.'s wholly-owned performance fibers business, which was primarily engaged in producing cellulose specialties. On that date, we separated from Rayonier Inc. and started our business as an independent, publicly traded company. In November 2017, we acquired Tembec Inc., a manufacturer of cellulose specialties, lumber, paperboard, newsprint and high-yield pulp.

Last close 6.70 2026-10-23
Market cap $453.2M 2026-06-27 share count
52-week range 5.38 - 11.85

Valuation FY2025 figures against the last close

P/S0.3x
P/E—
P/FCF19.0x
EV/EBITDA2.9x
Dividend yield—
Diluted EPS-6.33

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Europe
  • China
  • Other Asia
  • Japan
  • Canada
  • All other
  • Latin America
Revenue by geography, 8 categories over 2 years. The same figures are in the table below. FY2025 United States, FY2025: 465.6M (31.8%) 32% United States Europe, FY2025: 309.5M (21.1%) 21% Europe China, FY2025: 273.3M (18.6%) 19% China Other Asia, FY2025: 170.6M (11.6%) 12% Other Asia Japan, FY2025: 131.4M (9.0%) 9% Japan Canada, FY2025: 55.2M (3.8%) 4% All other, FY2025: 41.2M (2.8%) Latin America, FY2025: 19.5M (1.3%) FY2024 United States, FY2024: 560.1M (34.4%) 34% Europe, FY2024: 280.3M (17.2%) 17% China, FY2024: 352.3M (21.6%) 22% Other Asia, FY2024: 174.2M (10.7%) 11% Japan, FY2024: 121.9M (7.5%) 7% Canada, FY2024: 90.6M (5.6%) 6% All other, FY2024: 33.3M (2.0%) Latin America, FY2024: 17.7M (1.1%)
Region FY2025FY2024
United States $465.6M $560.1M
Europe $309.5M $280.3M
China $273.3M $352.3M
Other Asia $170.6M $174.2M
Japan $131.4M $121.9M
Canada $55.2M $90.6M
All other $41.2M $33.3M
Latin America $19.5M $17.7M

As the company reported it, from the “Segment and Geographical Information - Sales by Destination (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.47B$1.63B$1.64B$1.72B$1.41B$1.34B$1.43B$1.96B$940.4M$868.7M
Cost of revenue $1.35B$1.46B$1.56B$1.59B$1.33B$1.28B$1.38B$1.67B$799.7M$682.6M
Gross profit $118.8M$165.6M$88.2M$123.1M$74.7M$63.4M$53.5M$291.1M$140.8M$186.2M
R&D $7.0M$5.0M$6.0M$7.0M$7.0M$7.0M$6.0M———
SG&A $83.9M$92.3M$75.7M$91.5M$75.8M$77.9M$80.8M$105.0M$79.6M$37.2M
Operating income $4.1M$39.5M-$65.3M$26.1M-$10.4M-$30.4M-$52.5M$147.8M$59.0M$143.3M
Interest expense $98.0M$85.7M$73.8M$66.2M$66.4M$55.5M$52.0M$55.9M$40.0M$34.6M
Pre-tax income -$95.0M-$49.2M-$132.5M-$23.8M-$82.9M-$98.2M-$104.3M$126.5M$342.7M$112.6M
Income tax $323.3M$8.9M$32.3M$902.0K$34.7M$60.9M$20.4M$27.0M$19.2M$39.3M
Net income -$420.7M-$38.7M-$101.8M-$14.9M$66.4M$555.0K-$22.4M$128.4M$325.0M$73.3M
EPS, basic -6.33-0.59-1.57-0.231.050.01-0.572.277.171.61
EPS, diluted -6.33-0.59-1.57-0.231.050.01-0.571.965.811.55
Shares, diluted (wtd. avg.) 66.8M65.7M65.1M63.9M63.6M63.2M54.5M65.4M55.9M47.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $75.4M$125.2M$75.8M$151.8M$253.3M$93.7M$64.0M$109.0M$96.2M$326.7M
Receivables $193.3M$214.0M$197.5M$211.5M$181.6M$179.2M$181.7M$199.3M—$37.6M
Inventory $238.0M$208.0M$207.5M$265.3M$230.7M$170.6M$251.2M$304.0M—$118.4M
Total current assets $568.4M$601.0M$575.1M$689.5M$776.1M$633.6M$573.8M$716.1M—$519.5M
Property, plant and equipment $1.01B$1.02B$1.08B$1.15B$1.15B$1.27B$1.32B$1.36B—$801.0M
Other intangibles $3.9M$10.4M$17.4M$24.4M$31.4M$38.4M$45.5M$52.5M——
Total assets $1.76B$2.13B$2.18B$2.35B$2.45B$2.53B$2.48B$2.68B—$1.42B
Accounts payable $190.4M$196.2M$186.2M$164.0M$169.5M$156.7M$153.2M$181.7M—$36.4M
Short-term debt $20.9M$23.4M$25.3M$14.6M$37.7M$17.1M$19.4M$15.0M—$9.6M
Total current liabilities $360.4M$400.2M$375.8M$353.7M$354.6M$293.0M$286.1M$370.4M—$127.0M
Retained earnings -$88.9M$333.6M$372.6M$474.4M$489.3M$422.9M$422.4M$462.6M—$79.0M
Total equity $316.6M$713.9M$746.4M$829.3M$814.3M$695.1M$682.8M$706.9M$693.8M$211.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $23.9M$203.6M$136.3M$68.8M$233.2M$124.5M$41.9M$246.9M$129.8M$232.2M
Depreciation and amortisation $134.0M$137.2M$140.0M$134.6M$138.3M$138.4M$142.2M$146.0M$96.6M$88.3M
Stock-based compensation $5.5M$7.1M$6.5M$9.7M$5.1M$6.4M$6.5M$13.0M$9.0M$7.2M
Capital expenditure ————$95.2M$63.3M$90.5M$128.8M$75.0M$88.7M
Investing cash flow -$114.1M-$107.9M-$127.3M-$94.2M$85.4M-$77.8M$52.5M-$116.0M-$277.4M-$86.6M
Financing cash flow $30.1M-$42.5M-$86.9M-$73.1M-$156.7M-$19.4M-$138.5M-$116.5M-$83.6M$79.7M
Dividends paid ————$0$0$8.6M$15.1M$12.7M$11.8M
Buybacks ————$1.4M$457.0K$6.9M$42.8M$157.0K$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001597672-26-000010.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B Revenue, FY2016: 868.7M Gross profit, FY2016: 186.2M Net income, FY2016: 73.3M Revenue, FY2017: 940.4M Gross profit, FY2017: 140.8M Net income, FY2017: 325M Revenue, FY2018: 2B Gross profit, FY2018: 291.1M Net income, FY2018: 128.4M Revenue, FY2019: 1.4B Gross profit, FY2019: 53.5M Net income, FY2019: -22.4M Revenue, FY2020: 1.3B Gross profit, FY2020: 63.4M Net income, FY2020: 555K Revenue, FY2021: 1.4B Gross profit, FY2021: 74.7M Net income, FY2021: 66.4M Revenue, FY2022: 1.7B Gross profit, FY2022: 123.1M Net income, FY2022: -14.9M Revenue, FY2023: 1.6B Gross profit, FY2023: 88.2M Net income, FY2023: -101.8M Revenue, FY2024: 1.6B Gross profit, FY2024: 165.6M Net income, FY2024: -38.7M Revenue, FY2025: 1.5B Gross profit, FY2025: 118.8M Net income, FY2025: -420.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $868.7M $940.4M $1.96B $1.43B $1.34B $1.41B $1.72B $1.64B $1.63B $1.47B
Gross profit $186.2M $140.8M $291.1M $53.5M $63.4M $74.7M $123.1M $88.2M $165.6M $118.8M
Net income $73.3M $325.0M $128.4M -$22.4M $555.0K $66.4M -$14.9M -$101.8M -$38.7M -$420.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 2611

TickerCompanyMarket capP/ERevenue growth
MERC MERCER INTERNATIONAL INC. $9.3M — -8.6%