RAYONIER INC RYN
Last close
20.46
2026-09-04
Market cap
$6.15B
2026-03-31 share count
52-week range
19.49 - 25.80
Valuation FY2025 figures against the last close
P/S12.7x
P/E6.8x
P/FCF24.0x
EV/EBITDA76.3x
Dividend yield4.7%
Diluted EPS3.03
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $483.0M | $986.4M | $787.0M | $575.9M | $1.11B | $858.5M | $711.6M | $816.1M | $819.6M | $814.9M |
| Cost of revenue | $327.2M | $547.6M | $528.9M | $392.3M | $796.1M | $712.4M | $558.4M | $605.3M | $568.3M | $526.4M |
| Gross profit | $155.8M | $438.9M | $258.0M | $183.6M | $312.3M | $146.1M | $153.2M | $210.9M | $251.3M | $288.4M |
| SG&A | $66.7M | $74.4M | $74.8M | $64.7M | $57.8M | $50.6M | $41.6M | $42.0M | $40.2M | $42.8M |
| Total operating expenses | $401.1M | $623.8M | $603.7M | $441.8M | $839.8M | $784.8M | $604.5M | $646.1M | $604.1M | $560.1M |
| Operating income | $83.3M | $364.1M | $184.7M | $135.4M | $269.8M | $74.4M | $107.0M | $170.1M | $215.5M | $255.8M |
| Interest expense | $26.4M | $33.8M | $45.1M | $33.3M | $44.9M | $38.8M | $31.7M | $32.1M | $34.1M | $32.2M |
| Pre-tax income | $74.6M | $339.8M | $159.6M | $104.4M | $225.1M | $36.8M | $80.6M | $142.6M | $183.3M | $222.8M |
| Income tax | $527.0K | $1.0M | $293.0K | $3.1M | $14.7M | $7.0M | $12.9M | $25.2M | $21.7M | $5.1M |
| Net income | $474.4M | $359.1M | $173.5M | $107.1M | $152.6M | $37.1M | $59.1M | $102.2M | $148.8M | $212.0M |
| EPS, basic | 3.07 | 2.41 | 1.17 | 0.73 | 1.08 | 0.28 | 0.46 | 0.79 | 1.17 | 1.73 |
| EPS, diluted | 3.03 | 2.39 | 1.17 | 0.73 | 1.08 | 0.27 | 0.46 | 0.79 | 1.16 | 1.73 |
| Shares, diluted (wtd. avg.) | $158.7M | $152.1M | $151.1M | $150.2M | $145.3M | $136.9M | $129.6M | $129.7M | $127.8M | $122.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $842.9M | $303.1M | $207.7M | $115.4M | $369.1M | $87.5M | $70.0M | $156.5M | $172.4M | $157.6M |
| Receivables | $9.1M | $8.0M | $28.7M | $27.8M | $30.0M | $49.1M | $27.1M | $26.2M | $27.7M | $20.7M |
| Inventory | $6.8M | $30.9M | $31.0M | $23.7M | $28.5M | $10.6M | $14.5M | $15.7M | $24.1M | $21.4M |
| Total current assets | $883.8M | $436.9M | $317.0M | $202.4M | $451.4M | $170.6M | $126.0M | $207.9M | $183.5M | $164.8M |
| Property, plant and equipment | $18.5M | $17.4M | $27.0M | $27.2M | $29.6M | $30.4M | $22.3M | $22.8M | $23.4M | $14.0M |
| Goodwill | — | $7.0M | $7.8M | $7.9M | $8.5M | $8.9M | $8.6M | $8.3M | $8.8M | $8.7M |
| Total assets | $3.40B | $3.47B | $3.65B | $3.79B | $3.64B | $3.73B | $2.86B | $2.78B | $2.86B | $2.69B |
| Accounts payable | $12.8M | $16.9M | $26.6M | $22.1M | $23.4M | $24.8M | $18.2M | $18.0M | $25.1M | $22.3M |
| Short-term debt | $200.0M | $0 | $0 | $0 | $125.0M | — | $82.0M | $0 | $3.4M | $31.7M |
| Total current liabilities | $271.3M | $388.7M | $140.3M | $95.3M | $231.7M | $91.1M | $151.2M | $63.5M | $68.5M | $92.0M |
| Long-term debt | $845.3M | $1.04B | $1.37B | $1.51B | $1.24B | $1.36B | $973.1M | $972.6M | $1.02B | $1.03B |
| Retained earnings | $280.9M | $257.3M | $338.2M | $366.6M | $402.3M | $446.3M | $583.0M | $672.4M | $707.4M | $700.9M |
| Total equity | $2.21B | $1.77B | $1.88B | $1.88B | $1.82B | $1.86B | $1.54B | $1.65B | $1.69B | $1.50B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $256.7M | $261.6M | $298.4M | $269.2M | $325.1M | $204.2M | $214.3M | $310.1M | $256.3M | $203.8M |
| Depreciation and amortisation | — | $113.9M | $136.6M | $123.5M | $248.5M | $200.4M | $128.2M | $144.1M | $146.0M | $151.1M |
| Stock-based compensation | $11.0M | $14.2M | $14.0M | $12.4M | $9.3M | $8.0M | $6.9M | $6.4M | $5.4M | $5.1M |
| Capital expenditure | — | $84.8M | $78.8M | $514.2M | $255.1M | $66.5M | $64.0M | $62.3M | $65.3M | $58.7M |
| Investing cash flow | $615.1M | $354.0M | $124.1M | -$516.4M | -$26.3M | -$213.6M | -$219.4M | -$132.9M | -$235.3M | -$235.0M |
| Financing cash flow | -$372.9M | -$479.4M | -$328.9M | -$4.6M | -$16.3M | $27.0M | -$79.6M | -$193.7M | -$6.9M | $114.4M |
| Dividends paid | $292.1M | $200.6M | $170.0M | $165.7M | $153.5M | $146.3M | $141.1M | $136.8M | $127.1M | $122.8M |
| Buybacks | $2.9M | $4.2M | $4.2M | $4.2M | $1.6M | $1.6M | $4.2M | $3.0M | $176.0K | $690.0K |
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 0000052827-26-000036.
Others in SIC 6798
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| WELL | WELLTOWER INC. | $166.72B | 169.9x | 40.2% |
| PLD | Prologis, Inc. | $128.05B | 38.6x | 7.2% |
| EQIX | EQUINIX INC | $102.22B | 75.3x | 5.4% |
| AMT | AMERICAN TOWER CORP /MA/ | $81.93B | 32.6x | 20.8% |
| SPG | SIMON PROPERTY GROUP INC. | $67.86B | 14.8x | 6.7% |
| DLR | DIGITAL REALTY TRUST, INC. | $66.20B | 52.6x | 10.0% |
| O | REALTY INCOME CORP | $57.96B | 52.4x | 9.1% |
| PSA | Public Storage | $53.04B | 33.5x | 2.7% |