Rayonier Inc (RYN) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Rayonier reported revenue of $484.5M, down 61.6% from $1.26B the year before. Net income was $474.4M (a 97.9% net margin), or $3.03 per diluted share. Gross margin was 32.5% and operating margin was 17.2%. Operating activities generated $256.7M of cash. At fiscal year end, Rayonier held $3.40B in total assets against $1.19B in total liabilities, including $842.9M of cash and equivalents.
Open the full interactive Rayonier financials → Quarterly statements, key ratios, valuation history and price charts.
Rayonier Key Stats
| Share Price | $18.88 |
|---|---|
| Market Cap | $5.72B |
| P/E Ratio | 6.2 |
| Revenue YoY Growth | -61.6% |
| 52-Week Range | $17.99 – $23.73 |
| Shares Outstanding | 300.7 million (basic, 2026 Q2) |
Rayonier Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $859.2M | $1.11B | $909.1M | $1.06B | $1.26B | $484.5M |
| Cost of Goods Sold | $712.4M | $796.1M | $688.3M | $762.6M | $784.8M | $327.2M |
| Gross Profit | $146.7M | $313.5M | $220.8M | $294.4M | $478.2M | $157.3M |
| Operating Income | $74.4M | $269.8M | $165.8M | $211.3M | $402.5M | $83.3M |
| Pre-Tax Income | $36.8M | $225.1M | $132.2M | $183.6M | $376.0M | $74.6M |
| Income Tax | $7.0M | $14.7M | $9.4M | $5.1M | $7.0M | $527,000 |
| Net Income | $37.1M | $152.6M | $107.1M | $173.5M | $359.1M | $474.4M |
| Diluted EPS | $0.27 | $1.08 | $0.73 | $1.17 | $2.39 | $3.03 |
Rayonier Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $177.5M | $117.5M | $276.8M | $396.5M |
| Net Income | $43.2M | $25.9M | -$12.4M | $19.1M |
| Diluted EPS | $0.28 | $0.16 | -$0.05 | $0.06 |
Rayonier Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $84.5M | $362.2M | $114.3M | $207.7M | $323.2M | $842.9M |
| Current Assets | $170.6M | $451.4M | $202.4M | $317.0M | $436.9M | $883.8M |
| Total Assets | $3.73B | $3.64B | $3.79B | $3.65B | $3.47B | $3.40B |
| Current Liabilities | $91.1M | $231.7M | $95.3M | $140.3M | $388.7M | $271.3M |
| Total Long-Term Debt | $1.36B | $1.24B | $1.51B | $1.37B | $1.11B | $1.05B |
| Total Liabilities | $2.25B | $1.86B | $1.92B | $1.79B | $1.71B | $1.19B |
| Shareholders' Equity | $1.47B | $1.77B | $1.87B | $1.86B | $1.77B | $2.21B |
Rayonier Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $204.2M | $325.1M | $269.2M | $298.4M | $261.6M | $256.7M |
| Cash From Investing | -$213.6M | -$26.3M | -$516.4M | $124.1M | $354.0M | $615.1M |
| Cash From Financing | $27.0M | -$16.3M | -$4.6M | -$328.9M | -$479.4M | -$372.9M |
| Free Cash Flow | $137.7M | $249.1M | $194.4M | $202.9M | $159.1M | — |
Figures from Rayonier's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Rayonier financials page for every line item.
Rayonier Company Profile
| Ticker | RYN |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Wildlight, Florida |
| Incorporated in | North Carolina |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000052827 |
Frequently Asked Questions
What was Rayonier's revenue in fiscal 2025?
Rayonier (RYN) reported revenue of $484.5M for fiscal 2025.
What is Rayonier's annual revenue history?
Rayonier's annual revenue by fiscal year: 2020: $859.2M; 2021: $1.11B; 2022: $909.1M; 2023: $1.06B; 2024: $1.26B; 2025: $484.5M.
What was Rayonier's net income in fiscal 2025?
Rayonier reported net income of $474.4M for fiscal 2025.
What was Rayonier's earnings per share (EPS) in fiscal 2025?
Rayonier's diluted EPS was $3.03 for fiscal 2025 (adjusted for any later stock splits).
What was Rayonier's revenue last quarter?
In its most recent reported quarter (2026 Q2), Rayonier reported revenue of $396.5M.
How much debt does Rayonier have?
Rayonier reported $1.05B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Rayonier are outstanding?
Rayonier reported a weighted average of 300.7 million basic shares outstanding in 2026 Q2.
What is Rayonier's market cap?
Based on its latest closing price, Rayonier (RYN) has a market capitalization of about $5.72B.
When does Rayonier's fiscal year end?
Rayonier's fiscal year end, as registered with the SEC, is December 31.
Where is Rayonier headquartered?
Rayonier lists its business address in Wildlight, Florida in its SEC filings.