RAYONIER INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $483.0M | $986.4M | $787.0M | $907.8M | $1.1B |
| Cost of revenue | $327.2M | $547.6M | $528.9M | $688.3M | $796.1M |
| Selling, general & administrative | $66.7M | $74.4M | $74.8M | $64.7M | $57.8M |
| Operating income | $83.3M | $364.1M | $184.7M | $165.8M | $269.8M |
| Interest expense | $26.4M | $33.8M | $48.3M | $36.2M | $44.9M |
| Pretax income | $74.6M | $339.8M | $159.6M | $132.2M | $225.1M |
| Income tax expense | $527,000 | -$1.0M | $293,000 | $9.4M | $14.7M |
| Net income | $474.4M | $359.1M | $173.5M | $107.1M | $152.6M |
| Balance Sheet | |||||
| Cash and equivalents | $842.9M | $303.1M | $207.7M | $114.3M | $362.2M |
| Current assets | $883.8M | $436.9M | $317.0M | $202.4M | $451.4M |
| Total assets | $3.4B | $3.5B | $3.6B | $3.8B | $3.6B |
| Current liabilities | $271.3M | $388.7M | $140.3M | $95.3M | $231.7M |
| Total debt | $1.1B | $1.1B | $1.4B | $1.5B | $1.4B |
| Stockholders' equity | $2.2B | $1.8B | $1.9B | $1.9B | $1.8B |
| Cash Flow Statement | |||||
| Cash from operations | $256.7M | $261.6M | $298.4M | $269.2M | $325.1M |
| Depreciation and amortization | — | — | $249.4M | $155.7M | $248.5M |
| Stock-based compensation | $11.0M | $14.2M | $14.0M | $12.4M | $9.3M |
| Capital expenditure | $5.4M | $102.5M | $95.5M | $74.8M | $76.0M |
| Free cash flow | $251.2M | $159.1M | $202.9M | $194.4M | $249.1M |
| Dividends paid | $292.1M | $200.6M | $170.0M | $165.7M | $153.5M |
| Share repurchases | $2.9M | $4.2M | $4.2M | $4.2M | $1.6M |
| Impairments | $7.0M | $0 | $0 | $0 | $0 |
Shares outstanding 300.7M · Free float 99.0%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.