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Companies / Real Estate / Rayonier Inc.
RYN

Rayonier Inc.

Ticker RYNWILDLIGHT, FLFiscal year ends DecemberBook value per share $15.55Diluted shares 335.3M

Rayonier (NYSE: RYN) owns and manages timberlands, harvesting and selling timber to pulp, paper, wood products and biomass facilities, and pursuing land sales and other uses of its properties. As of December 31, 2025, it operated three reportable segments: Southern Timber, Pacific Northwest Timber and Real Estate.… From the company’s description.

In fiscal 2025, Rayonier Inc. reported revenue of $484.49M, down 61.6% from fiscal 2024, and net income of $480.41M. Its operating margin was 17.2%, and operations generated $256.66M in cash. Over the twelve months to Jun 30, 2026, revenue was $968.29M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$484.49MFY2025
−61.6% year over year
Last 12 mo $968.29M
17.20%FY2025
−14.7 percentage points
Last 12 mo 5.96%
$480.41MFY2025
+30.2% year over year
Last 12 mo $76.62M
21.47%FY2025
+1.2 percentage points
Last 12 mo 1.45%
Cash & financing
$256.66MFY2025
−1.9% year over year
Last 12 mo $313.14M
$256.66MFY2025
+41.2% year over year
Last 12 mo $313.14M
0.47FY2025
Was 0.63× a year earlier
Last 12 mo 0.36
156.6MFY2025
+4.2% year over year
Last 12 mo 335.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Rayonier Inc. does

In the company’s own words

Rayonier (NYSE: RYN) owns and manages timberlands, harvesting and selling timber to pulp, paper, wood products and biomass facilities, and pursuing land sales and other uses of its properties. As of December 31, 2025, it operated three reportable segments: Southern Timber, Pacific Northwest Timber and Real Estate. Timber activities include harvesting, log trading, recreational licensing, mineral and cell-tower leases, and land-based solutions such as solar and carbon-capture leases; Real Estate covers rural and recreational land sales, development properties, timberland dispositions and conservation easements. The company owned or leased approximately 2.0 million acres of timberlands, including 1.69 million acres in the U.S. South and 307,000 acres in the Pacific Northwest. Its timber products serve regional mills and other wood-processing customers, while real estate buyers include development and conservation-oriented purchasers. In January 2026, Rayonier completed a merger with PotlatchDeltic, expanding its timberland portfolio and adding wood products manufacturing capabilities; those operations were not included in the 2025 segment description. Its website is www.rayonier.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
WILDLIGHT, FL
Fiscal year end
December
CIK
52827
SIC
6798

Financial performance, year by year

Fiscal 2013–2025 · USD
$-170.78M$341.56M$853.91M$1.37B$1.88B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Rayonier Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

334
funds hold it
0 of 35
superinvestors hold it
$2.83B
held by funds, at market
44.8%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Rayonier Inc.’s weight in each

Cohen & Steers Real Estate Securities Fund
CSEIX · COHEN & STEERS REAL ESTATE SECURITIES FUND INC
2.73%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.16%of fund net assets
Undiscovered Managers Behavioral Value Fund
UBVLX · UNDISCOVERED MANAGERS FUNDS
1.77%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Rayonier Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Rayonier Inc.’s debt, $98.78M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.75%, maturing 2031 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Rayonier Inc. and its peers compare on margins and cash generation over ten years?”
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