Rayonier financials
$18.58−1.12%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $484.5M | $987.9M | $788.4M | $909.1M | $1.11B | $859.2M | $711.6M | $816.1M | $819.6M | $815.9M |
| Gross profit | $157.3M | $440.3M | $259.5M | $220.8M | $313.5M | $146.7M | $153.2M | $210.9M | $251.3M | $289.5M |
| Gross margin | 32.5% | 44.6% | 32.9% | 24.3% | 28.3% | 17.1% | 21.5% | 25.8% | 30.7% | 35.5% |
| Operating income | $90.6M | $365.9M | $184.7M | $165.8M | $269.8M | $74.4M | $107.0M | $170.1M | $215.5M | $255.8M |
| Net income | $474.4M | $359.1M | $173.5M | $107.1M | $152.6M | $37.1M | $59.1M | $102.2M | $148.8M | $212.0M |
| Net margin | 97.9% | 36.4% | 22.0% | 11.8% | 13.7% | 4.3% | 8.3% | 12.5% | 18.2% | 26.0% |
| Diluted EPS | $3.03 | $2.39 | $1.17 | $0.73 | $1.08 | $0.27 | $0.46 | $0.79 | $1.16 | $1.73 |
| EBITDA | $206.1M | $506.2M | $342.9M | $341.5M | $425.5M | $240.3M | $235.7M | $314.9M | $343.5M | $373.4M |
| Operating cash flow | $256.7M | $261.6M | $298.4M | $269.2M | $325.1M | $204.2M | $214.3M | $310.1M | $256.3M | $203.8M |
| Free cash flow | $177.1M | $133.2M | $179.8M | -$277.8M | $57.5M | $106.5M | $1.2M | $180.7M | -$73.8M | -$236.5M |
| Diluted shares | 158.7M | 152.1M | 151.1M | 150.2M | 145.3M | 136.9M | 129.6M | 129.7M | 127.8M | 122.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $842.9M | $303.1M | $207.7M | $114.3M | $362.2M | $84.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.05B | $1.05B | $1.37B | $1.52B | $1.37B | $1.37B |
| Total assets | $3.40B | $3.47B | $3.65B | $3.79B | $3.64B | $3.73B |
| Total liabilities | $1.15B | $1.64B | $1.69B | $1.80B | $1.69B | $1.74B |
| Shareholders' equity | $2.25B | $1.78B | $1.88B | $1.88B | $1.82B | $1.86B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology