Monday 12 October 2026 Export all RYN data to Excel Powerpack

Rayonier Inc.

Rayonier Inc.’s revenue for fiscal 2025 (year ended December 2025) was $484.5 million, down 51.0% from fiscal 2024. In the quarter to June 2026, revenue grew 272.2%, EPS fell 97.7%, free cash flow fell 88.7% and total debt rose 77.6%, each against the same quarter a year earlier.

18.82 0.16 −0.84%

Follow RYN

Alert me

Market cap: $5.7B
P/E: 41.3×
Fwd P/E: 53.8×
Dividend yield: 5.55%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 4.11

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	—	1	—	1	—	—	—	—	2	1

Insider Ownership 3.40%

Capital & Financial Ratios $m

Market Cap 5,680.00

Revenue 968.29

Net Income 76.62

Free Cash Flow (468.32)

Net Debt 1,443.51

Current Ratio 3.56

Debt/Equity 0.36

P/E ratio 41.26

Fwd P/E 53.80

P/S ratio 5.89

P/B ratio 1.10

Past 5Y EPS Growth 62.19%

This Y EPS Growth (25.14%)

Next Y EPS Growth 38.12%

Next Y revenue growth 211.67%

Next 5Y EPS Growth 8.54%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 58.27%

10-year low 10-year high

P/S against its own 10 years 79.51%

10-year low 10-year high

P/B against its own 10 years 2.70%

10-year low 10-year high

EV/Sales against its own 10 years 83.46%

10-year low 10-year high

Dividends

Payout Ratio 2.34

Annual Dividend Rate 1.05

Annual Dividend Yield 5.55%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.08	0.26 0.26 0.26
2025	1.37	0.27 0.27 0.27 0.35 0.27
2024	1.14	0.29 0.29 0.29 0.45 0.29
2023	1.14	0.29 0.29 0.29 0.29 0.20
2022	1.13	0.27 0.29 0.29 0.29
2021	1.08	0.27 0.27 0.27 0.27
2020	1.08	0.27 0.27 0.27 0.27
2019	1.08	0.27 0.27 0.27 0.27
2018	1.06	0.25 0.27 0.27 0.27
2017	1.00	0.25 0.25 0.25 0.25
2016	1.00	0.25 0.25 0.25 0.25

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	208	322	843	412
Receivables	40	21	16	65
Inventory	31	31	7	125
Other	34	12	14	59
	317	437	884	681

	2023	2024	2025	Q'26
Payables	27	17	13	31
ST’ Debt	—	19	200	—
Other	39	9	14	42
	140	389	271	191

Compound Annual Growth %

	10y	5y	3y
Sales	(1.59%)	(10.83%)	(18.92%)
Cash Flow	3.78%	4.68%	(1.58%)
Earnings	26.24%	66.49%	64.24%
Book Value	4.96%	3.48%	5.52%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	277	396	—	—	—
’25	83	107	178	117	484
’24	114	100	124	650	988
’23	179	209	202	199	788
’22	222	246	195	245	909
’21	191	291	365	262	1,110
’20	259	196	199	206	859

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	35	111	—	—	—
’25	28	61	116	52	257
’24	52	55	66	88	262
’23	64	62	83	89	298
’22	50	99	61	59	269
’21	54	111	113	48	325
’20	29	53	55	66	204

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	83	—	—	—
’25	9	734	101	(662)	182
’24	28	33	41	539	641
’23	37	37	62	297	434
’22	28	81	39	33	181
’21	5	156	145	(163)	143
’20	128	38	38	19	222

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.05)	0.06	—	—	—
’25	(0.02)	2.63	0.28	0.16	3.03
’24	0.01	0.01	0.19	2.15	2.39
’23	0.06	0.13	0.13	0.85	1.17
’22	0.20	0.16	0.14	0.22	0.73
’21	0.08	0.41	0.53	0.06	1.08
’20	0.20	0.01	(0.01)	0.07	0.27

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	17.85	26.54	26.30	25.83	15.96	28.89	29.51	24.84	25.46	21.06	Analyst estimates 2026–2028 Powerpack
	High	28.47	31.91	39.73	33.09	33.10	41.09	45.87	37.79	35.29	28.31
People
People	Employees	315	334	349	353	413	406	419	438	424	285
	Revenue/emp, $m	2.59	2.45	2.34	2.02	2.08	2.73	2.17	1.80	2.33	1.70
Income, $m
Income, $m	Revenue	816	820	816	712	859	1,110	909	788	988	484
	Gross margin, %	35.48	30.67	25.84	21.53	17.08	28.25	24.29	32.91	44.57	32.46
	EBT	223	183	143	81	37	225	132	160	340	75
	EBT margin, %	27.31	22.36	17.47	11.33	4.28	20.29	14.54	20.25	34.40	15.40
	Net income	218	162	117	68	30	210	123	178	369	480
	Depreciation	117	128	145	129	166	157	148	137	114	106
Per share, $
Per share, $	Revenue	6.66	6.43	6.32	5.51	6.42	7.88	6.22	5.33	6.64	3.13
	Earnings	1.73	1.17	0.79	0.46	0.28	1.08	0.73	1.17	2.41	3.07
	Cash flow	1.66	2.01	2.40	1.66	1.53	2.31	1.84	2.02	1.76	1.66
	Capex	1.11	0.11	(1.00)	(1.65)	0.13	(1.29)	(0.61)	0.91	2.55	(0.49)
	Free cash flow	2.78	2.12	1.40	0.01	1.66	1.02	1.24	2.93	4.31	1.17
	Book value	12.21	13.29	12.82	11.90	13.91	12.89	12.86	12.68	11.96	14.28
	Shares, m	123	127	129	129	134	141	146	148	149	155
Valuation, ×
Valuation, ×	P/E	15.62	27.56	35.05	72.80	104.93	37.37	45.47	28.83	10.83	7.08
	P/S	4.06	4.97	4.38	5.95	4.58	5.12	5.34	6.39	3.93	6.92
	P/B	2.21	2.41	2.16	2.75	2.11	3.13	2.58	2.68	2.18	1.52
	EV/Sales	5.26	6.08	5.39	7.34	6.07	6.02	6.89	7.87	4.68	7.33
	EV/FCF	12.61	18.43	24.36	4,473.74	23.49	46.66	34.65	14.30	7.22	19.57
Cash, $m
Cash, $m	Operating cash flow	204	256	310	214	204	325	269	298	262	257
	Capex	136	14	(129)	(213)	18	(182)	(89)	135	379	(75)
	Free cash flow	340	270	181	1	222	143	181	434	641	182
Balance, $m
Balance, $m	Working capital	73	115	144	(25)	79	220	107	177	48	612
	Total debt	1,062	1,025	973	1,055	1,370	1,368	1,523	1,366	1,064	1,045
	Net debt	976	913	824	986	1,285	999	1,408	1,158	741	202
	Shareholders’ equity	1,497	1,693	1,655	1,538	1,863	1,816	1,881	1,878	1,781	2,210
Returns, %
Returns, %	ROA	8.48	5.37	3.63	2.10	1.13	4.14	2.88	4.67	10.09	13.79
	ROIC	6.46	5.17	4.29	2.65	1.48	5.99	3.15	3.80	9.02	2.16
	ROE	14.83	9.33	6.11	3.70	2.18	8.29	5.79	9.23	19.64	23.78

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SBAC SBA Communications Corporation	$18.0B	19.6×	27.6×	+2.33% (above 0%: growing)	−10.95% (below 0%: shrinking)	+11.32% (above 0%: growing)	75.39%	49.19%	Compare
LAMR Lamar Advertising Company	$14.8B	26.7×	25.6×	+6.46% (above 0%: growing)	+3.95% (above 0%: growing)	+8.91% (above 0%: growing)	68.51%	33.72%	Compare
WY Weyerhaeuser Company	$13.8B	28.9×	56.6×	−0.90% (below 0%: shrinking)	+91.67% (above 0%: growing)	+29.41% (above 0%: growing)	16.66%	11.94%	Compare
GLPI Gaming and Leisure Properties, Inc.	$11.1B	11.2×	14.4×	+9.03% (above 0%: growing)	+45.45% (above 0%: growing)	−42.77% (below 0%: shrinking)	100.00%	77.21%	Compare
RYN Rayonier Inc.	$5.6B	41.3×	53.8×	+272.15% (above 0%: growing)	−97.72% (below 0%: shrinking)	−88.66% (below 0%: shrinking)	19.08%	8.73%
OUT OUTFRONT Media Inc.	$5.2B	21.4×	23.1×	+13.54% (above 0%: growing)	+340.00% (above 0%: growing)	+167.78% (above 0%: growing)	52.90%	22.22%	Compare
EPR EPR Properties	$4.2B	17.4×	19.0×	+10.11% (above 0%: growing)	−12.09% (below 0%: shrinking)	−498.03% (below 0%: shrinking)	92.16%	54.59%	Compare
FRMI Fermi Inc.	$2.4B	— (loss-making)	—	—	n/m	−414.49% (below 0%: shrinking)	—	0.00%	Compare
UNIT Uniti Group Inc.	$1.8B	1.4×	— (loss-making)	+202.53% (above 0%: growing)	n/m	−379.58% (below 0%: shrinking)	57.83%	3.54%	Compare
Median of peers	$8.2B	19.6×	24.4×	+9.03%	+24.70%	−16.93%	68.51%	27.97%

All 18 Reit Specialty stocks →

Rayonier Inc. (RYN) key facts

Concern: Rayonier Inc.’s revenue for fiscal 2025 (year ended December 2025) was $484.5 million, down 51.0% from fiscal 2024.
Strength: Net income was $480.4 million, or $3.07 per share (basic), a net margin of 97.9%.
Rayonier Inc. (RYN) is a Reit Specialty company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 12, 2026, RYN traded at $18.87, a market capitalization of $5.7 billion.
At that price the stock trades at 41.3× trailing-twelve-month earnings and 5.9× sales; its P/E is higher than 58% of its own readings over the past ten years.
Rayonier Inc. pays an annual dividend of $1.05 per share, a yield of 5.55%.
Return on equity was 23.8% and debt-to-equity 0.36.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.