Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 1.11B | 1.26B | 1.06B | 909.10M | 1.11B | 859.20M |
Gross Profit | 457.81M | 478.16M | 296.66M | 220.80M | 313.50M | 146.70M |
EBITDA | 521.76M | 543.56M | 378.19M | 315.73M | 411.31M | 240.56M |
Net Income | 761.19M | 359.15M | 173.49M | 107.08M | 152.55M | 37.08M |
Balance Sheet | ||||||
Total Assets | 1.06B | 3.47B | 3.65B | 3.79B | 3.64B | 3.73B |
Cash, Cash Equivalents and Short-Term Investments | 892.30M | 323.16M | 207.70M | 114.30M | 362.20M | 84.60M |
Total Debt | 1.06B | 1.19B | 1.45B | 1.60B | 1.46B | 1.46B |
Total Liabilities | -1.24B | 1.64B | 1.69B | 1.80B | 1.69B | 1.74B |
Stockholders Equity | 2.30B | 1.77B | 1.86B | 1.87B | 1.77B | 1.47B |
Cash Flow | ||||||
Free Cash Flow | 88.37M | 159.06M | 202.87M | -264.10M | 70.00M | 113.00M |
Operating Cash Flow | 153.97M | 261.59M | 298.38M | 269.20M | 325.10M | 204.20M |
Investing Cash Flow | 1.06B | 354.01M | 124.09M | -516.40M | -26.30M | -213.60M |
Financing Cash Flow | -552.88M | -479.36M | -328.87M | -4.60M | -16.30M | 27.00M |
On August 15, 2025, Rayonier Inc. and its subsidiaries entered into an Amended and Restated Credit Agreement with several banks and financial institutions, extending the maturity date for their Revolving Credit Facility to August 15, 2030. The agreement, which maintains the existing maturity dates for other term loan facilities, allows for potential increases in commitments and includes financial covenants related to leverage and interest coverage, providing Rayonier with enhanced financial flexibility.
On June 30, 2025, Rayonier Inc. announced the completion of the sale of its New Zealand business to an investment fund managed by The Rohatyn Group for $710 million. The net proceeds of $699 million are intended to reduce leverage, return capital to shareholders, and fund other capital allocation priorities. This transaction is part of Rayonier’s asset disposition and capital structure realignment plan, which has exceeded its original target, allowing the company to better position itself for long-term shareholder value.