Rayonier IncRYN

NYSEReal EstateReal Estate Investment Trusts
Price (close)
$19.06
Market cap
$5.7B
P/E
12.3x
Revenue (TTM)
$678.4M
Net income
$465.4M
Dividend yield
12.87%
1-year total return
-18.1%
Net margin
68.6%
Revenue growth
-29.1%
Debt / equity
0.39x

What Rayonier Inc does.

We are a leading timberland real estate investment trust (“REIT”) with assets located in some of the most productive softwood timber growing regions in the United States. We invest in timberlands and actively manage them to provide current income and attractive long-term returns to our shareholders.

We operate through an umbrella partnership real estate investment trust (“UPREIT”) structure, where our Operating Partnership and its subsidiaries own our assets. Rayonier is the sole general partner of the Operating Partnership.

In June 2025, we completed the sale of our 77% interest in the New Zealand joint venture. Consequently, these operations are classified as discontinued operations for all periods presented. See Note 2 — Discontinued Operations for additional information.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$859.2M$1.1B$909.1M$788.4M$987.9M$484.5M
Net income$37.1M$152.6M$107.1M$173.5M$359.1M$474.4M
Free cash flow$137.7M$249.1M$194.4M$202.9M$159.1M—

More on RYN.

Figures from Rayonier Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.