RYN
$18.81+0.64%
Rayonier Inc. REITStock · Real EstateUS REITs · 0.3% of VNQRussell 1000 · 0.009% of IWBUS Stock Market · 0.009% of VTIRussell 3000 · 0.009% of IWV
RYN financial statements
The full income statement, balance sheet, and cash-flow statement for Rayonier Inc. REIT (RYN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 149.0M2024-09 149.0M2024-12 156.1M2025-03 155.8M2025-06 154.2M2025-09 153.9M2025-12 302.3M2026-03 300.7M2026-06 298.6M+100.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 483M-51.0% | 986M+25.3% | 787M-13.3% | 908M-18.1% | 1.11B+29.1% | ||
| Lease income | — | — | — | — | 1.15M+90.4% | |
| Cost of revenue | 327M-40.2% | 548M+3.5% | 529M-23.2% | 688M-13.5% | 796M+11.7% | |
| Selling, general & administrative | 66.7M-10.4% | 74.4M-0.5% | 74.8M+15.7% | 64.7M+11.9% | 57.8M+14.1% | |
| Restructuring | 1.11M-2.5% | 1.14M | 0.00 | 0.00 | — | |
| Operating income | 83.3M-77.1% | 364M+97.1% | 185M+11.4% | 166M-38.5% | 270M+262.7% | |
| Interest expense | 26.4M-21.9% | 33.8M-30.2% | 48.3M+33.5% | 36.2M-19.4% | 44.9M+15.8% | |
| Interest & investment income | 24.3M+195.8% | 8.21M+362.1% | 1.78M | — | — | |
| Other non-operating income | -6.68M-624.3% | 1.27M-93.0% | 18.3M+612.6% | 2.56M+816.1% | 280K-76.1% | |
| Pre-tax income | 74.6M-78.1% | 340M+112.9% | 160M+20.7% | 132M-41.3% | 225M+511.9% | |
| Income tax | 527K+151.6% | -1.02M-448.8% | 293K-96.9% | 9.39M-36.0% | 14.7M+109.2% | |
| 474M+32.1% | 359M+107.0% | 173M+62.0% | 107M-29.8% | 153M+311.4% | ||
| Income from continuing operations | 73.2M-78.2% | 336M+114.3% | 157M | — | — | |
| Discontinued operations | 406M+1344.9% | 28.1M+46.6% | 19.2M | — | — | |
| $3.03+26.8% | $2.39+104.3% | $1.17+60.3% | $0.73-32.4% | $1.08+300.0% | ||
| EPS (basic) | $3.07+27.4% | $2.41+106.0% | $1.17+60.3% | $0.73-32.4% | $1.08+285.7% | |
| Weighted-avg shares (basic) | 155M+4.0% | 149M+0.5% | 148M+1.3% | 146M+3.8% | 141M+5.2% | |
| Weighted-avg shares (diluted) | 159M+4.3% | 152M+0.7% | 151M+0.6% | 150M+3.3% | 145M+6.1% | |
| Dividends per share | $2.49-15.3% | $2.94+119.4% | $1.34+19.1% | $1.13+4.2% | $1.08+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 884M+102.3% | 437M+37.8% | 317M+56.6% | 202M-55.2% | 451M+164.7% | ||
| Cash & equivalents | 843M+178.1% | 303M+45.9% | 208M+81.8% | 114M-68.5% | 362M+328.6% | |
| Accounts receivable | 9.10M+13.7% | 8.01M-72.1% | 28.7M+2.9% | 27.8M-7.3% | 30.0M-38.8% | |
| Inventory | 6.83M-77.9% | 30.9M-0.4% | 31.0M+30.7% | 23.7M-16.8% | 28.5M+169.2% | |
| Prepaid expenses | 9.87M+218.4% | 3.10M-14.9% | 3.65M-35.8% | 5.68M+33.9% | 4.24M+3.6% | |
| Other current assets | 2.40M+4434.0% | 53.0K-99.4% | 9.07M+1483.6% | 573K-23.5% | 749K-88.9% | |
| 3.40B-2.0% | 3.47B-4.7% | 3.65B-3.7% | 3.79B+4.2% | 3.64B-2.5% | ||
| Property, plant & equipment | 18.5M+6.3% | 17.4M-35.5% | 27.0M-0.7% | 27.2M-8.2% | 29.6M-2.6% | |
| Operating lease right-of-use | 16.3M-12.4% | 18.6M-80.5% | 95.5M-1.7% | 97.2M-4.6% | 102M-6.6% | |
| Goodwill | — | 6.97M-10.9% | 7.82M-0.5% | 7.86M-7.0% | 8.46M-5.4% | |
| Other non-current assets | 60.0M-23.3% | 78.3M-19.8% | 97.6M-15.5% | 115M+126.6% | 51.0M+12.9% | |
| 271M-30.2% | 389M+177.1% | 140M+47.2% | 95.3M-58.9% | 232M+154.3% | ||
| Accounts payable | 12.8M-24.5% | 16.9M-36.3% | 26.6M+20.2% | 22.1M-5.7% | 23.4M-5.4% | |
| Deferred revenue | 19.3M-7.9% | 20.9M+9.9% | 19.0M-16.5% | 22.8M+27.9% | 17.8M+60.2% | |
| Short-term & current debt | 200M | 0.00 | 0.00 | 0.00-100.0% | 125M | |
| Current lease liability | 2.62M-61.1% | 6.73M-16.9% | 8.10M-3.5% | 8.39M-0.5% | 8.43M-3.9% | |
| Other current liabilities | 13.9M+48.9% | 9.36M-69.2% | 30.4M+7.7% | 28.2M+9.2% | 25.9M-11.5% | |
| Finance lease liability (current) | 0.00 | — | — | — | — | |
| Long-term debt | 845M-19.1% | 1.04B-23.5% | 1.37B-9.8% | 1.51B+21.9% | 1.24B-8.7% | |
| Deferred revenue (non-current) | 9.60M-10.3% | 10.7M-5.3% | 11.3M+63.8% | 6.89M | — | |
| Non-current lease liability | 13.7M-15.9% | 16.3M-81.5% | 87.7M-1.2% | 88.8M-5.0% | 93.4M-6.8% | |
| Operating lease liability (total) | 16.3M-80.4% | 83.0M-13.3% | 95.8M-1.4% | 97.1M-4.6% | 102M-6.6% | |
| Finance lease liability | 0.00 | — | — | — | — | |
| Deferred tax liabilities | 83.0M | — | — | — | — | |
| Other non-current liabilities | 26.8M+140.5% | 11.1M-86.4% | 81.9M-7.7% | 88.7M-18.3% | 109M-32.5% | |
| 2.21B+24.9% | 1.77B-4.9% | 1.86B-0.3% | 1.87B+5.3% | 1.77B+20.2% | ||
| Common stock | 1.90B+25.1% | 1.52B+1.7% | 1.50B+2.4% | 1.46B+5.3% | 1.39B+26.1% | |
| Retained earnings | 281M+9.2% | 257M-23.9% | 338M-7.7% | 367M-8.9% | 402M-9.9% | |
| Accumulated other comprehensive income | 24.5M+334.8% | -10.4M-142.3% | 24.7M-31.2% | 35.8M+282.7% | -19.6M+73.5% | |
| Non-controlling interest | 0.00-100.0% | 11.2M-34.2% | 17.1M+11.4% | 15.3M-65.0% | 43.8M-88.7% | |
| Total equity incl. non-controlling | 2.21B+24.1% | 1.78B-5.2% | 1.88B-0.2% | 1.88B+3.6% | 1.82B-2.5% | |
| Total liabilities & equity | 3.40B-2.0% | 3.47B-4.7% | 3.65B-3.7% | 3.79B+4.2% | 3.64B-2.5% | |
| Common shares issued | 161M+8.7% | 149M+0.2% | 148M+0.7% | 147M+1.3% | 145M+5.6% | |
| Common shares outstanding | 161M+8.7% | 149M+0.2% | 148M+0.7% | 147M+1.3% | 145M+5.6% | |
| Shares outstanding (cover) | 302M+93.7% | 156M+5.0% | 149M+0.9% | 147M+1.3% | 145M+5.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 257M-1.9% | 262M-12.3% | 298M+10.8% | 269M-17.2% | 325M+59.2% | ||
| Depreciation & amortization | — | — | 249M+60.2% | 156M-37.4% | 249M+24.0% | |
| Share-based compensation | 11.0M-22.7% | 14.2M+1.6% | 14.0M+13.3% | 12.4M+33.2% | 9.28M+15.6% | |
| Deferred income taxes | -5.58M-631.6% | 1.05M+111.0% | -9.57M-2223.5% | -412K-104.2% | 9.92M+275.4% | |
| Change in receivables | -6.60M-333.3% | 2.83M+164.3% | -4.40M-148.3% | 9.11M+152.8% | -17.2M-212.1% | |
| Change in inventory | -235K+88.3% | -2.01M-291.0% | -513K-111.8% | 4.33M+761.8% | 503K-65.3% | |
| Change in payables | -1.99M-447.6% | 571K-62.1% | 1.50M+31.6% | 1.14M+171.8% | -1.59M-128.1% | |
| Other operating activities | 18.8M+3230.6% | -601K-104.6% | 13.2M+1155.4% | 1.05M-88.9% | 9.46M+185.2% | |
| 615M+73.7% | 354M+185.3% | 124M+124.0% | -516M-1866.9% | -26.3M+87.7% | ||
| Capital expenditure | 22.4M-78.1% | 103M+7.4% | 95.5M+27.7% | 74.8M-1.5% | 76.0M+14.2% | |
| Free cash flow | 234M+47.3% | 159M-21.6% | 203M+4.4% | 194M-22.0% | 249M+81.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Proceeds from sale of PP&E | 4.47M+34307.7% | 13.0K-64.9% | 37.0K | — | — | |
| Other investing activities | -1.87M-176.7% | 2.44M+188.9% | -2.74M-132.1% | -1.18M-29.4% | -912K-256.2% | |
| -373M+22.2% | -479M-45.8% | -329M-7066.6% | -4.59M+71.9% | -16.3M-160.4% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 657M+47.1% | 446M+39.5% | |
| Long-term debt repaid | 0.00-100.0% | 250M+66.7% | 150M-71.8% | 532M+26.6% | 420M+176.3% | |
| Common stock issued | 0.00 | 0.00+100.0% | -81.0K-100.1% | 61.6M-73.3% | 231M+608.6% | |
| Common stock repurchased | 2.90M-30.7% | 4.18M-0.9% | 4.22M-0.2% | 4.22M+161.3% | 1.62M+0.7% | |
| Dividends paid | 292M+45.6% | 201M+18.0% | 170M+2.6% | 166M+7.9% | 154M+4.9% | |
| FX effect on cash | 1.39M+198.0% | -1.42M-128.5% | -621K+68.5% | -1.97M-121.6% | -889K-4578.9% | |
| Net change in cash | 500M+271.0% | 135M+45.0% | 93.0M+136.6% | -254M-190.1% | 282M+1508.2% | |
| Interest paid | — | 38.6M-20.8% | 48.7M+36.5% | 35.7M-16.3% | 42.7M+4.3% | |
| Income taxes paid | 4.05M-31.0% | 5.88M+22.0% | 4.82M-68.2% | 15.1M+104.6% | 7.39M+805.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.54B+60.6% | 4.07B-17.8% | 4.95B+2.7% | 4.83B-17.7% | 5.87B+44.9% | |
| P/E | 13.8×+21.6% | 11.3×-81.8% | 62.2×+6.6% | 58.4×+51.8% | 38.5×-64.8% | |
| P/S | 13.5×+228.1% | 4.1×-30.5% | 5.9×+13.8% | 5.2×-1.4% | 5.3×+12.2% | |
| P/B | 3.0×+28.6% | 2.3×-15.6% | 2.7×+2.5% | 2.7×-19.6% | 3.3×+20.5% | |
| P/FCF | 27.9×+9.1% | 25.6×+0.5% | 25.5×+31.6% | 19.4×-17.7% | 23.5×-19.9% | |
| Earnings yield | 7.2%-17.8% | 8.8%+448.4% | 1.6%-6.2% | 1.7%-34.1% | 2.6%+183.9% | |
| FCF yield | 3.6%-8.3% | 3.9%-0.5% | 3.9%-24.0% | 5.2%+21.6% | 4.2%+24.9% | |
| Dividend yield | 11.5%+2.1% | 11.3%+180.9% | 4.0%+17.5% | 3.4%+27.6% | 2.7%-27.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: RYN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RYN filings on SEC EDGAR → Not investment advice.