REIT - Specialty
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WY vs PCH vs RYN
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Specialty
REIT - Specialty
WY vs PCH vs RYN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | REIT - Specialty | REIT - Specialty | REIT - Specialty |
| Market Cap | $17.33B | $3.23B | $3.28B |
| Revenue (TTM) | $6.92B | $1.12B | $678M |
| Net Income (TTM) | $397M | $64M | $386M |
| Gross Margin | 13.4% | 15.7% | 27.4% |
| Operating Margin | 7.7% | 8.0% | 5.5% |
| Forward P/E | 84.8x | 53.8x | 56.1x |
| Total Debt | $5.57B | $1.03B | $1.07B |
| Cash & Equiv. | $464M | $152M | $843M |
WY vs PCH vs RYN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Weyerhaeuser Company (WY) | 100 | 119.1 | +19.1% |
| PotlatchDeltic Corp… (PCH) | 100 | 122.8 | +22.8% |
| Rayonier Inc. (RYN) | 100 | 89.2 | -10.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WY vs PCH vs RYN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WY plays a supporting role in this comparison — it may shine differently against other peers.
PCH is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 3.7%, EPS growth -63.6%, 3Y rev CAGR -7.4%
- 94.0% 10Y total return vs RYN's 39.8%
- 3.7% FFO/revenue growth vs RYN's -61.6%
RYN carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 4 yrs, beta 0.40, yield 8.7%
- Lower volatility, beta 0.40, Low D/E 47.7%, current ratio 3.11x
- Beta 0.40, yield 8.7%, current ratio 3.11x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.7% FFO/revenue growth vs RYN's -61.6% | |
| Value | Lower P/E (53.8x vs 84.8x) | |
| Quality / Margins | 57.0% margin vs WY's 5.7% | |
| Stability / Safety | Beta 0.40 vs PCH's 0.75, lower leverage | |
| Dividends | 8.7% yield, 4-year raise streak, vs WY's 3.5% | |
| Momentum (1Y) | +15.9% vs WY's -2.6% | |
| Efficiency (ROA) | 12.9% ROA vs PCH's 2.0%, ROIC 2.4% vs 0.8% |
WY vs PCH vs RYN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WY vs PCH vs RYN — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
RYN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WY is the larger business by revenue, generating $6.9B annually — 10.2x RYN's $678M. RYN is the more profitable business, keeping 57.0% of every revenue dollar as net income compared to WY's 5.7%. On growth, RYN holds the edge at +2.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $6.9B | $1.1B | $678M |
| EBITDAEarnings before interest/tax | $1.0B | $195M | $125M |
| Net IncomeAfter-tax profit | $397M | $64M | $386M |
| Free Cash FlowCash after capex | $516M | $131M | $191M |
| Gross MarginGross profit ÷ Revenue | +13.4% | +15.7% | +27.4% |
| Operating MarginEBIT ÷ Revenue | +7.7% | +8.0% | +5.5% |
| Net MarginNet income ÷ Revenue | +5.7% | +5.8% | +57.0% |
| FCF MarginFCF ÷ Revenue | +7.5% | +11.8% | +28.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | -2.0% | +23.1% | +2.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +100.0% | +6.9% | -124.2% |
Valuation Metrics
RYN leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 48.2x trailing earnings, RYN trades at a 68% valuation discount to PCH's 149.0x P/E. On an enterprise value basis, RYN's 17.6x EV/EBITDA is more attractive than PCH's 140.5x.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $17.3B | $3.2B | $3.3B |
| Enterprise ValueMkt cap + debt − cash | $22.4B | $4.1B | $3.5B |
| Trailing P/EPrice ÷ TTM EPS | 53.42x | 149.04x | 48.16x |
| Forward P/EPrice ÷ next-FY EPS est. | 84.83x | 53.80x | 56.12x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 4.69x |
| EV / EBITDAEnterprise value multiple | 23.04x | 140.52x | 17.64x |
| Price / SalesMarket cap ÷ Revenue | 2.51x | 3.04x | 6.77x |
| Price / BookPrice ÷ Book value/share | 1.84x | 1.62x | 1.49x |
| Price / FCFMarket cap ÷ FCF | 196.98x | 47.88x | 15.86x |
Profitability & Efficiency
RYN leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
RYN delivers a 12.6% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $3 for PCH. RYN carries lower financial leverage with a 0.48x debt-to-equity ratio, signaling a more conservative balance sheet compared to WY's 0.59x. On the Piotroski fundamental quality scale (0–9), PCH scores 6/9 vs WY's 4/9, reflecting solid financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | +4.2% | +3.3% | +12.6% |
| ROA (TTM)Return on assets | +2.4% | +2.0% | +12.9% |
| ROICReturn on invested capital | +2.4% | +0.8% | +2.4% |
| ROCEReturn on capital employed | +3.0% | +1.1% | +2.7% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 | 5 |
| Debt / EquityFinancial leverage | 0.59x | 0.51x | 0.48x |
| Net DebtTotal debt minus cash | $5.1B | $883M | $230M |
| Cash & Equiv.Liquid assets | $464M | $152M | $843M |
| Total DebtShort + long-term debt | $5.6B | $1.0B | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 1.95x | 1.28x | 3.84x |
Total Returns (Dividends Reinvested)
PCH leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PCH five years ago would be worth $9,037 today (with dividends reinvested), compared to $7,871 for WY. Over the past 12 months, PCH leads with a +15.9% total return vs WY's -2.6%. The 3-year compound annual growth rate (CAGR) favors PCH at 0.3% vs WY's -3.7% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +1.9% | +5.1% | -0.7% |
| 1-Year ReturnPast 12 months | -2.6% | +15.9% | +3.3% |
| 3-Year ReturnCumulative with dividends | -10.6% | +1.0% | -6.8% |
| 5-Year ReturnCumulative with dividends | -21.3% | -9.6% | -18.6% |
| 10-Year ReturnCumulative with dividends | +15.2% | +94.0% | +39.8% |
| CAGR (3Y)Annualised 3-year return | -3.7% | +0.3% | -2.3% |
Risk & Volatility
Evenly matched — PCH and RYN each lead in 1 of 2 comparable metrics.
Risk & Volatility
RYN is the less volatile stock with a 0.40 beta — it tends to amplify market swings less than PCH's 0.75 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PCH currently trades 91.5% from its 52-week high vs RYN's 77.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.51x | 0.75x | 0.40x |
| 52-Week HighHighest price in past year | $27.86 | $45.61 | $27.34 |
| 52-Week LowLowest price in past year | $21.16 | $37.05 | $19.49 |
| % of 52W HighCurrent price vs 52-week peak | +86.3% | +91.5% | +77.5% |
| RSI (14)Momentum oscillator 0–100 | 40.8 | 46.0 | 43.0 |
| Avg Volume (50D)Average daily shares traded | 5.0M | 0 | 2.6M |
Analyst Outlook
RYN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: WY as "Buy", PCH as "Hold", RYN as "Hold". Consensus price targets imply 31.0% upside for RYN (target: $28) vs 22.2% for PCH (target: $51). For income investors, RYN offers the higher dividend yield at 8.69% vs WY's 3.49%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Hold |
| Price TargetConsensus 12-month target | $29.83 | $51.00 | $27.75 |
| # AnalystsCovering analysts | 25 | 13 | 27 |
| Dividend YieldAnnual dividend ÷ price | +3.5% | +4.3% | +8.7% |
| Dividend StreakConsecutive years of raises | 0 | 1 | 4 |
| Dividend / ShareAnnual DPS | $0.84 | $1.79 | $1.84 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.9% | +1.1% | +2.2% |
RYN leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). PCH leads in 1 (Total Returns). 1 tied.
WY vs PCH vs RYN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is WY or PCH or RYN a better buy right now?
For growth investors, PotlatchDeltic Corporation (PCH) is the stronger pick with 3.
7% revenue growth year-over-year, versus -61. 6% for Rayonier Inc. (RYN). Rayonier Inc. (RYN) offers the better valuation at 48. 2x trailing P/E (56. 1x forward), making it the more compelling value choice. Analysts rate Weyerhaeuser Company (WY) a "Buy" — based on 25 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — WY or PCH or RYN?
On trailing P/E, Rayonier Inc.
(RYN) is the cheapest at 48. 2x versus PotlatchDeltic Corporation at 149. 0x. On forward P/E, PotlatchDeltic Corporation is actually cheaper at 53. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — WY or PCH or RYN?
Over the past 5 years, PotlatchDeltic Corporation (PCH) delivered a total return of -9.
6%, compared to -21. 3% for Weyerhaeuser Company (WY). Over 10 years, the gap is even starker: PCH returned +94. 0% versus WY's +15. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — WY or PCH or RYN?
By beta (market sensitivity over 5 years), Rayonier Inc.
(RYN) is the lower-risk stock at 0. 40β versus PotlatchDeltic Corporation's 0. 75β — meaning PCH is approximately 88% more volatile than RYN relative to the S&P 500. On balance sheet safety, Rayonier Inc. (RYN) carries a lower debt/equity ratio of 48% versus 59% for Weyerhaeuser Company — giving it more financial flexibility in a downturn.
05Which is growing faster — WY or PCH or RYN?
By revenue growth (latest reported year), PotlatchDeltic Corporation (PCH) is pulling ahead at 3.
7% versus -61. 6% for Rayonier Inc. (RYN). On earnings-per-share growth, the picture is similar: Weyerhaeuser Company grew EPS -16. 7% year-over-year, compared to -81. 6% for Rayonier Inc.. Over a 3-year CAGR, PCH leads at -7. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — WY or PCH or RYN?
Rayonier Inc.
(RYN) is the more profitable company, earning 97. 9% net margin versus 2. 1% for PotlatchDeltic Corporation — meaning it keeps 97. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RYN leads at 17. 2% versus 3. 1% for PCH. At the gross margin level — before operating expenses — RYN leads at 32. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is WY or PCH or RYN more undervalued right now?
On forward earnings alone, PotlatchDeltic Corporation (PCH) trades at 53.
8x forward P/E versus 84. 8x for Weyerhaeuser Company — 31. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RYN: 31. 0% to $27. 75.
08Which pays a better dividend — WY or PCH or RYN?
All stocks in this comparison pay dividends.
Rayonier Inc. (RYN) offers the highest yield at 8. 7%, versus 3. 5% for Weyerhaeuser Company (WY).
09Is WY or PCH or RYN better for a retirement portfolio?
For long-horizon retirement investors, Rayonier Inc.
(RYN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 40), 8. 7% yield). Both have compounded well over 10 years (RYN: +39. 8%, PCH: +94. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between WY and PCH and RYN?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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