8-K Announcements
6May 6, 2026·SEC
Mar 18, 2026·SEC
Mar 11, 2026·SEC
Rayonier Inc. (RYN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Rayonier Inc. (RYN) stock price & volume — 10-year historical chart
Rayonier Inc. (RYN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Rayonier Inc. (RYN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.07vs $0.06+16.7% | $277Mvs $281M-1.5% |
| Q1 2026 | Feb 11, 2026 | $0.20vs $0.12+66.7% | $118Mvs $109M+7.6% |
| Q4 2025 | Nov 5, 2025 | $0.32vs $0.23+39.1% | $178Mvs $162M+9.4% |
| Q3 2025 | Aug 6, 2025 | $0.06vs $0.03+100.0% | $107Mvs $138M-23.1% |
Rayonier Inc. (RYN) competitors in Land and Agriculture REITs — business model, growth, and fundamentals comparison
Rayonier Inc. (RYN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Rayonier Inc. (RYN) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 819.6M | 816.1M | 711.56M | 859.15M | 1.11B | 909.07M | 1.06B | 1.26B | 484.5M | 678.37M |
Revenue Growth % | 3.97% | -0.43% | -12.81% | 20.74% | 29.15% | -18.07% | 16.27% | 19.5% | -61.64% | -38.55% |
Property Operating Expenses | 568.3M | 605.2M | 558.35M | 712.44M | 796.12M | 688.28M | 762.57M | 784.83M | 327.2M | 572.17M |
Net Operating Income (NOI) | 251.3M▲ 0% | 210.9M▼ 16.1% | 153.21M▼ 27.4% | 146.72M▼ 4.2% | 313.48M▲ 113.7% | 220.79M▼ 29.6% | 294.36M▲ 33.3% | 478.16M▲ 62.4% | 157.3M▼ 67.1% | 106.2M▲ 0% |
NOI Margin % | 30.66% | 25.84% | 21.53% | 17.08% | 28.25% | 24.29% | 27.85% | 37.86% | 32.47% | 15.66% |
Operating Expenses | 35.8M | 40.8M | 46.18M | 72.33M | 43.71M | 54.97M | 83.08M | 75.7M | 74M | 68.51M |
G&A Expenses | 40.2M | 41.9M | 41.65M | 50.65M | 57.79M | 64.67M | 74.77M | 74.42M | 0 | 17.01M |
EBITDA | 343.07M | 314.22M | 235.26M | 239.38M | 425.5M | 313.16M | 369.51M | 542.72M | 198.9M | 176.93M |
EBITDA Margin % | 41.86% | 38.5% | 33.06% | 27.86% | 38.35% | 34.45% | 34.96% | 42.97% | 41.05% | 26.08% |
Depreciation & Amortization | 127.57M | 144.12M | 128.24M | 165M | 155.72M | 147.34M | 158.23M | 140.25M | 115.6M | 139.24M |
D&A / Revenue % | 15.56% | 17.66% | 18.02% | 19.2% | 14.03% | 16.21% | 14.97% | 11.1% | 23.86% | 20.53% |
Operating Income | 215.5M▲ 0% | 170.1M▼ 21.1% | 107.03M▼ 37.1% | 74.39M▼ 30.5% | 269.77M▲ 262.7% | 165.82M▼ 38.5% | 211.28M▲ 27.4% | 402.47M▲ 90.5% | 83.3M▼ 79.3% | 37.69M▲ 0% |
Operating Margin % | 26.29% | 20.84% | 15.04% | 8.66% | 24.31% | 18.24% | 19.99% | 31.87% | 17.19% | 5.56% |
Interest Expense | 34.1M | 32.1M | 31.7M | 38.8M | 44.9M | 36.2M | 48.3M | 36.92M | 26.3M | 4M |
Interest Coverage | 6.37x | 5.27x | 3.54x | 1.95x | 6.01x | 4.65x | 4.80x | 11.19x | 3.84x | - |
Non-Operating Income | -1.84M | -4.56M | -5.31M | -1.17M | -280K | -2.56M | -20.68M | -10.48M | -17.6M | -29.13M |
Pretax Income | 183.3M▲ 0% | 142.6M▼ 22.2% | 80.62M▼ 43.5% | 36.79M▼ 54.4% | 225.15M▲ 511.9% | 132.18M▼ 41.3% | 183.62M▲ 38.9% | 376.03M▲ 104.8% | 74.6M▼ 80.2% | 27.98M▲ 0% |
Pretax Margin % | 22.36% | 17.47% | 11.33% | 4.28% | 20.29% | 14.54% | 17.37% | 29.77% | 15.4% | 4.12% |
Income Tax | 21.8M | 25.3M | 12.94M | 7.01M | 14.66M | 9.39M | 5.12M | 7.05M | 500K | -39.2M |
Effective Tax Rate % | 11.89% | 17.74% | 16.05% | 19.05% | 6.51% | 7.1% | 2.79% | 1.87% | 0.67% | -140.11% |
Net Income | 148.8M▲ 0% | 102.2M▼ 31.3% | 59.1M▼ 42.2% | 37.08M▼ 37.3% | 152.55M▲ 311.4% | 107.08M▼ 29.8% | 173.49M▲ 62.0% | 359.15M▲ 107.0% | 474.4M▲ 32.1% | 465.39M▲ 0% |
Net Margin % | 18.16% | 12.52% | 8.31% | 4.32% | 13.75% | 11.78% | 16.41% | 28.44% | 97.92% | 68.6% |
Net Income Growth % | -29.81% | -31.32% | -42.17% | -37.26% | 311.36% | -29.81% | 62.03% | 107.01% | 32.09% | 31.33% |
Funds From Operations (FFO) | 276.37M▲ 0% | 246.32M▼ 10.9% | 187.34M▼ 23.9% | 202.08M▲ 7.9% | 308.27M▲ 52.5% | 254.42M▼ 17.5% | 331.72M▲ 30.4% | 499.4M▲ 50.5% | 590M▲ 18.1% | 604.63M▲ 0% |
FFO Margin % | 33.72% | 30.18% | 26.33% | 23.52% | 27.78% | 27.99% | 31.39% | 39.54% | 121.78% | 89.13% |
FFO Growth % | -15.52% | -10.87% | -23.94% | 7.87% | 52.55% | -17.47% | 30.39% | 50.55% | 18.14% | 1094.91% |
FFO per Share | 2.16 | 1.90 | 1.45 | 1.48 | 2.12 | 1.69 | 2.20 | 3.28 | 3.72 | 2.36 |
FFO Payout Ratio % | 45.98% | 55.53% | 75.3% | 72.42% | 49.8% | 65.13% | 51.24% | 40.17% | 49.51% | 41.26% |
EPS (Diluted) | 1.16▲ 0% | 0.79▼ 31.9% | 0.46▼ 41.8% | 0.27▼ 41.3% | 1.08▲ 300.0% | 0.73▼ 32.4% | 1.17▲ 60.3% | 2.39▲ 104.3% | 0.44▼ 81.6% | 1.82▲ 0% |
EPS Growth % | -32.95% | -31.9% | -41.77% | -41.3% | 300% | -32.41% | 60.27% | 104.27% | -81.59% | 29.6% |
EPS (Basic) | 1.17 | 0.79 | 0.46 | 0.28 | 1.08 | 0.73 | 1.19 | 2.41 | 0.44 | - |
Diluted Shares Outstanding | 127.81M | 129.69M | 129.6M | 136.94M | 145.3M | 150.15M | 151.07M | 152.1M | 158.71M | 255.95M |
Rayonier Inc. (RYN) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 2.86B | 2.78B | 2.86B | 3.73B | 3.64B | 3.79B | 3.65B | 3.47B | 3.4B | 1.61B |
Asset Growth % | 6.43% | -2.72% | 2.89% | 30.33% | -2.48% | 4.21% | -3.74% | -4.75% | -2.01% | -54.22% |
Real Estate & Other Assets | 2.57B | 2.46B | 2.6B | 3.41B | 3.04B | 3.45B | 184.63M | 2.91B | 100.9M | 0 |
PP&E (Net) | 23.3M | 22.8M | 122.19M | 139.39M | 131.46M | 124.36M | 3.13B | 101.05M | 34.8M | 630.3M |
Investment Securities | 1000K | 1000K | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K |
Total Current Assets | 183.6M | 207.85M | 125.97M | 170.56M | 451.43M | 202.38M | 316.96M | 436.89M | 842.9M | 794.9M |
Cash & Equivalents | 112.7M | 148.4M | 68.73M | 84.51M | 362.17M | 114.25M | 207.7M | 323.16M | 842.9M | 681.7M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 |
Other Current Assets | 3.05M | 609K | 867K | 10.21M | 12.19M | 1.29M | 38.08M | 25.41M | 0 | 0 |
Intangible Assets | 4.09M | 3.78M | 0 | 0 | 3.12M | 5.79M | 5.43M | 4.87M | 0 | 0 |
Total Liabilities | 1.17B | 1.13B | 1.32B | 1.74B | 1.69B | 1.8B | 1.69B | 1.64B | 1.15B | 2.42B |
Total Debt | 1.03B | 972.6M | 1.15B | 1.46B | 1.46B | 1.6B | 1.45B | 1.19B | 1.07B | 1.86B |
Net Debt | 912.7M | 824.2M | 1.08B | 1.38B | 1.1B | 1.49B | 1.25B | 862.35M | 229.8M | 1.17B |
Long-Term Debt | 1.02B | 972.57M | 973.13M | 1.36B | 1.24B | 1.51B | 1.37B | 1.09B | 859M | 1.86B |
Short-Term Borrowings | 3.38M | 0 | 82M | 0 | 124.97M | 0 | 0 | 19.44M | 200M | 200M |
Capital Lease Obligations | 0 | 0 | 90.48M | 100.25M | 93.42M | 88.76M | 87.68M | 76.3M | 13.7M | 44.74M |
Total Current Liabilities | 68.5M | 63.5M | 151.19M | 91.14M | 231.72M | 95.33M | 140.28M | 388.71M | 271.3M | 354.13M |
Accounts Payable | 25.15M | 18.02M | 18.16M | 24.79M | 23.45M | 22.1M | 26.56M | 26.06M | 0 | 0 |
Deferred Revenue | 9.72M | 10.45M | 11.44M | 11.11M | 17.8M | 22.76M | 19.01M | 20.9M | 0 | 0 |
Other Liabilities | 72.96M | 90.03M | 108.56M | 184.07M | 119M | 97.2M | 83.3M | 76.57M | 10.5M | -2.06B |
Total Equity | 1.69B▲ 0% | 1.65B▼ 2.3% | 1.54B▼ 7.1% | 1.99B▲ 29.6% | 1.95B▼ 2.2% | 1.99B▲ 1.9% | 1.96B▼ 1.4% | 1.83B▼ 6.5% | 2.25B▲ 22.8% | 5.37B▲ 0% |
Equity Growth % | 13.1% | -2.27% | -7.07% | 29.6% | -2.18% | 1.9% | -1.37% | -6.48% | 22.8% | 243.29% |
Shareholders Equity | 1.59B | 1.56B | 1.44B | 1.47B | 1.77B | 1.87B | 1.86B | 1.77B | 2.21B | 5.33B |
Minority Interest | 99.9M | 97.7M | 97.66M | 518.71M | 177.63M | 121.08M | 98.72M | 63.06M | 40.5M | 39.9M |
Common Stock | 872.23M | 884.26M | 888.18M | 1.1B | 1.39B | 1.46B | 1.5B | 1.52B | 1.9B | 5.15B |
Additional Paid-in Capital | 872.23M | 884.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | 707.38M | 0 | 583.01M | 446.27M | 402.31M | 366.64M | 338.24M | 257.25M | 280.9M | 156.19M |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Return on Assets (ROA) | 5.37% | 3.62% | 2.1% | 1.13% | 4.14% | 2.88% | 4.67% | 10.09% | 13.79% | 15.48% |
Return on Equity (ROE) | 9.33% | 6.11% | 3.7% | 2.1% | 7.74% | 5.44% | 8.79% | 18.94% | 23.24% | 15.13% |
Debt / Assets | 35.87% | 34.98% | 40.04% | 39.18% | 40.18% | 42.32% | 39.85% | 34.12% | 31.51% | 115.02% |
Debt / Equity | 0.61x | 0.59x | 0.75x | 0.73x | 0.75x | 0.81x | 0.74x | 0.65x | 0.48x | 0.35x |
Net Debt / EBITDA | 2.66x | 2.62x | 4.58x | 5.75x | 2.58x | 4.76x | 3.37x | 1.59x | 1.16x | 6.63x |
Book Value per Share | 13.25 | 12.76 | 11.86 | 14.55 | 13.42 | 13.23 | 12.97 | 12.05 | 14.18 | 20.98 |
Rayonier Inc. (RYN) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 256.3M | 310.1M | 214.3M | 204.2M | 325.1M | 269.2M | 298.38M | 261.59M | 256.7M | 267.66M |
Operating CF Growth % | 25.76% | 20.99% | -30.89% | -4.71% | 59.21% | -17.19% | 10.84% | -12.33% | -1.87% | 84.56% |
Operating CF / Revenue % | 31.27% | 38% | 30.12% | 23.77% | 29.3% | 29.61% | 28.23% | 20.71% | 52.98% | 39.46% |
Net Income | 161.5M | 117.3M | 67.7M | 29.8M | 210.5M | 122.8M | 173.49M | 368.98M | 480.4M | 465.39M |
Depreciation & Amortization | 46.92M | 138.44M | 122.58M | 166.33M | 80.7M | 147.34M | 0 | 0 | 106.5M | 134.83M |
Stock-Based Compensation | 5.4M | 6.43M | 6.9M | 8.03M | 9.28M | 12.36M | 13.7M | 14.2M | 11M | 8.72M |
Other Non-Cash Items | 27.2M | 27.3M | 13.7M | 4.7M | 6.8M | 14.26M | 105.74M | -100.97M | -325.8M | -343.36M |
Working Capital Changes | -6.7M | -2.2M | -7.9M | -12.2M | 9.3M | -22.2M | 5.17M | -23.22M | -13M | -2.32M |
Cash from Investing | -235.25M | -132.85M | -219.4M | -213.6M | -26.3M | -516.4M | 124.09M | 354.01M | 615.1M | 579.44M |
Acquisitions (Net) | 0 | 0 | 0 | -231.1M | 191.64M | 442.73M | 0 | 0 | 0 | 0 |
Purchase of Investments | 0 | 0 | -149.09M | -31.16M | -191.64M | -472.23M | 0 | 0 | 0 | -4.5M |
Sale of Investments | 0 | 0 | 0 | 115.67M | 185.7M | 29.5M | 0 | 0 | 0 | 0 |
Other Investing | -229.17M | -13M | 135.99M | 24.19M | 43.1M | 16.9M | 138.15M | 433.79M | 615.1M | 642.32M |
Cash from Financing | -6.9M | -193.7M | -79.6M | 27M | -16.3M | -4.6M | -328.87M | -479.36M | -372.9M | -399.22M |
Dividends Paid | -127.1M | -136.8M | -141.07M | -146.35M | -153.51M | -165.71M | -169.99M | -200.57M | -292.1M | -330.56M |
Common Dividends | -127.07M | -136.77M | -141.07M | -146.35M | -153.51M | -165.71M | -169.99M | -200.6M | -292.1M | -249.46M |
Debt Issuance (Net) | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 0 | -1000K |
Share Repurchases | -176K | -2.98M | -12.68M | -4.76M | -1.62M | -4.22M | -4.3M | -18.87M | -70.5M | -98.94M |
Other Financing | -27.25M | -556K | -7.9M | 10.11M | -118.38M | 40.34M | -4.67M | -9.93M | -10.3M | 57.77M |
Net Change in Cash | 26.8M▲ 0% | -16M▼ 159.7% | -86.5M▼ 440.6% | 17.5M▲ 120.2% | 281.6M▲ 1509.1% | -253.7M▼ 190.1% | 92.97M▲ 136.6% | 134.83M▲ 45.0% | 500.2M▲ 271.0% | -394.26M▲ 0% |
Exchange Rate Effect | 600K | 500K | -1.8M | -100K | -900K | -1.9M | -621K | -1.42M | 1.3M | -842.17M |
Cash at Beginning | 85.9M | 172.5M | 156.5M | 70M | 87.5M | 369.1M | 115.41M | 208.4M | 343.2M | 842.94M |
Cash at End | 112.7M | 156.5M | 70M | 87.5M | 369.1M | 115.4M | 208.37M | 343.2M | 843.4M | 681.7M |
Free Cash Flow | -58M▲ 0% | 190.2M▲ 427.9% | 8M▼ 95.8% | 113M▲ 1312.5% | 70M▼ 38.1% | -264.1M▼ 477.3% | 202.87M▲ 176.8% | 159.06M▼ 21.6% | 206.7M▲ 30.0% | 209.32M▲ 0% |
FCF Growth % | 74.53% | 427.93% | -95.79% | 1312.5% | -38.05% | -477.29% | 176.81% | -21.59% | 29.95% | 43.25% |
FCF / Revenue % | -7.08% | 23.31% | 1.12% | 13.15% | 6.31% | -29.05% | 19.19% | 12.59% | 42.66% | 30.86% |
Rayonier Inc. (RYN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
FFO per Share | 2.16 | 1.9 | 1.45 | 1.48 | 2.12 | 1.69 | 2.2 | 3.28 | 3.72 | 2.36 |
FFO Payout Ratio | 45.98% | 55.53% | 75.3% | 72.42% | 49.8% | 65.13% | 51.24% | 40.17% | 49.51% | 41.26% |
NOI Margin | 30.66% | 25.84% | 21.53% | 17.08% | 28.25% | 24.29% | 27.85% | 37.86% | 32.47% | 15.66% |
Net Debt / EBITDA | 2.66x | 2.62x | 4.58x | 5.75x | 2.58x | 4.76x | 3.37x | 1.59x | 1.16x | 6.63x |
Debt / Assets | 35.87% | 34.98% | 40.04% | 39.18% | 40.18% | 42.32% | 39.85% | 34.12% | 31.51% | 115.02% |
Interest Coverage | 6.37x | 5.27x | 3.54x | 1.95x | 6.01x | 4.65x | 4.80x | 11.19x | 3.84x | - |
Book Value / Share | 13.25 | 12.76 | 11.86 | 14.55 | 13.42 | 13.23 | 12.97 | 12.05 | 14.18 | 20.98 |
Revenue Growth | 3.97% | -0.43% | -12.81% | 20.74% | 29.15% | -18.07% | 16.27% | 19.5% | -61.64% | -38.55% |
Rayonier Inc. (RYN) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 6, 2026·SEC
Mar 18, 2026·SEC
Mar 11, 2026·SEC
Rayonier Inc. (RYN) stock FAQ — growth, dividends, profitability & financials explained
Rayonier Inc. (RYN) reported $678.4M in revenue for fiscal year 2025. This represents a 42% decrease from $1.18B in 1996.
Rayonier Inc. (RYN) saw revenue decline by 61.6% over the past year.
Yes, Rayonier Inc. (RYN) is profitable, generating $465.4M in net income for fiscal year 2025 (97.9% net margin).
Yes, Rayonier Inc. (RYN) pays a dividend with a yield of 8.77%. This makes it attractive for income-focused investors.
Rayonier Inc. (RYN) has a return on equity (ROE) of 23.2%. This is excellent, indicating efficient use of shareholder capital.
Rayonier Inc. (RYN) generated Funds From Operations (FFO) of $604.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Rayonier Inc. (RYN) offers a 8.77% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.