REIT - Specialty
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RYN vs PCH
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Specialty
RYN vs PCH — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Specialty | REIT - Specialty |
| Market Cap | $3.28B | $3.23B |
| Revenue (TTM) | $678M | $1.12B |
| Net Income (TTM) | $386M | $64M |
| Gross Margin | 27.4% | 15.7% |
| Operating Margin | 5.5% | 8.0% |
| Forward P/E | 56.1x | 53.8x |
| Total Debt | $1.07B | $1.03B |
| Cash & Equiv. | $843M | $152M |
RYN vs PCH — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Rayonier Inc. (RYN) | 100 | 89.2 | -10.8% |
| PotlatchDeltic Corp… (PCH) | 100 | 122.8 | +22.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RYN vs PCH
Each card shows where this stock fits in a portfolio — not just who wins on paper.
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
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%
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 56.1x) | |
| Quality / Margins | 57.0% margin vs PCH's 5.8% | |
| Stability / Safety | Beta 0.40 vs PCH's 0.75, lower leverage | |
| Dividends | 8.7% yield, 4-year raise streak, vs PCH's 4.3% | |
| Momentum (1Y) | +15.9% vs RYN's +3.3% | |
| Efficiency (ROA) | 12.9% ROA vs PCH's 2.0%, ROIC 2.4% vs 0.8% |
RYN vs PCH — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
RYN vs PCH — Financial Metrics
Side-by-side numbers across 2 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)
PCH is the larger business by revenue, generating $1.1B annually — 1.6x RYN's $678M. RYN is the more profitable business, keeping 57.0% of every revenue dollar as net income compared to PCH's 5.8%. On growth, RYN holds the edge at +2.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $678M | $1.1B |
| EBITDAEarnings before interest/tax | $125M | $195M |
| Net IncomeAfter-tax profit | $386M | $64M |
| Free Cash FlowCash after capex | $191M | $131M |
| Gross MarginGross profit ÷ Revenue | +27.4% | +15.7% |
| Operating MarginEBIT ÷ Revenue | +5.5% | +8.0% |
| Net MarginNet income ÷ Revenue | +57.0% | +5.8% |
| FCF MarginFCF ÷ Revenue | +28.2% | +11.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.3% | +23.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -124.2% | +6.9% |
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 | $3.3B | $3.2B |
| Enterprise ValueMkt cap + debt − cash | $3.5B | $4.1B |
| Trailing P/EPrice ÷ TTM EPS | 48.16x | 149.04x |
| Forward P/EPrice ÷ next-FY EPS est. | 56.12x | 53.80x |
| PEG RatioP/E ÷ EPS growth rate | 4.69x | — |
| EV / EBITDAEnterprise value multiple | 17.64x | 140.52x |
| Price / SalesMarket cap ÷ Revenue | 6.77x | 3.04x |
| Price / BookPrice ÷ Book value/share | 1.49x | 1.62x |
| Price / FCFMarket cap ÷ FCF | 15.86x | 47.88x |
Profitability & Efficiency
RYN leads this category, winning 7 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 PCH's 0.51x. On the Piotroski fundamental quality scale (0–9), PCH scores 6/9 vs RYN's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +12.6% | +3.3% |
| ROA (TTM)Return on assets | +12.9% | +2.0% |
| ROICReturn on invested capital | +2.4% | +0.8% |
| ROCEReturn on capital employed | +2.7% | +1.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.48x | 0.51x |
| Net DebtTotal debt minus cash | $230M | $883M |
| Cash & Equiv.Liquid assets | $843M | $152M |
| Total DebtShort + long-term debt | $1.1B | $1.0B |
| Interest CoverageEBIT ÷ Interest expense | 3.84x | 1.28x |
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 $8,139 for RYN. Over the past 12 months, PCH leads with a +15.9% total return vs RYN's +3.3%. The 3-year compound annual growth rate (CAGR) favors PCH at 0.3% vs RYN's -2.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -0.7% | +5.1% |
| 1-Year ReturnPast 12 months | +3.3% | +15.9% |
| 3-Year ReturnCumulative with dividends | -6.8% | +1.0% |
| 5-Year ReturnCumulative with dividends | -18.6% | -9.6% |
| 10-Year ReturnCumulative with dividends | +39.8% | +94.0% |
| CAGR (3Y)Annualised 3-year return | -2.3% | +0.3% |
Risk & Volatility
Evenly matched — RYN and PCH 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 | 0.40x | 0.75x |
| 52-Week HighHighest price in past year | $27.34 | $45.61 |
| 52-Week LowLowest price in past year | $19.49 | $37.05 |
| % of 52W HighCurrent price vs 52-week peak | +77.5% | +91.5% |
| RSI (14)Momentum oscillator 0–100 | 43.0 | 46.0 |
| Avg Volume (50D)Average daily shares traded | 2.6M | 0 |
Analyst Outlook
RYN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates RYN as "Hold" and PCH 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 PCH's 4.30%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $27.75 | $51.00 |
| # AnalystsCovering analysts | 27 | 13 |
| Dividend YieldAnnual dividend ÷ price | +8.7% | +4.3% |
| Dividend StreakConsecutive years of raises | 4 | 1 |
| Dividend / ShareAnnual DPS | $1.84 | $1.79 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.2% | +1.1% |
RYN leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). PCH leads in 1 (Total Returns). 1 tied.
RYN vs PCH: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is RYN or PCH 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 Rayonier Inc. (RYN) a "Hold" — based on 27 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 — RYN or PCH?
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 — RYN or PCH?
Over the past 5 years, PotlatchDeltic Corporation (PCH) delivered a total return of -9.
6%, compared to -18. 6% for Rayonier Inc. (RYN). Over 10 years, the gap is even starker: PCH returned +94. 0% versus RYN's +39. 8%. 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 — RYN or PCH?
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 51% for PotlatchDeltic Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — RYN or PCH?
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: PotlatchDeltic Corporation grew EPS -63. 6% 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 — RYN or PCH?
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 RYN or PCH more undervalued right now?
On forward earnings alone, PotlatchDeltic Corporation (PCH) trades at 53.
8x forward P/E versus 56. 1x for Rayonier Inc. — 2. 3x 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 — RYN or PCH?
All stocks in this comparison pay dividends.
Rayonier Inc. (RYN) offers the highest yield at 8. 7%, versus 4. 3% for PotlatchDeltic Corporation (PCH).
09Is RYN or PCH 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 RYN and PCH?
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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