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Rayonier Advanced Materials RYAM High Yield Pulp — Asset impairment

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Other financials

Income statement

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Revenue$376.1M+10.6%
Gross profit$22.9M-2.9%
Operating income-$6.3M-374%
Net income-$32.8M+91.0%
EPS (diluted)-$0.49+91.0%

Balance sheet

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Cash & equivalents$57.0M-19.3%
Total debt$804.6M+0.4%
Total equity$194.8M-43.1%
Total assets$1.6B-7.7%

Cash flow

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Operating cash flow$5.0M
CapEx$25.4M-32.3%
Free cash flow-$20.3M+69.9%

Valuation

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Market cap$652.13M+153%
Enterprise value$1.4B+41.6%
P/S0.4×+0.3×

Profitability

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Gross margin5.9%-2.6pp
Operating margin-3.5%-12.7pp
Net margin-9.5%-3.8pp
FCF margin-5.5%-11.0pp

Returns & leverage

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Return on equity-52.1%-13.7pp
Debt / equity4.1×+1.8×
Current ratio1.4×-0.1×

Where this comes from

Reported directly by Rayonier Advanced Materials in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Rayonier Advanced Materials’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001597672-26-000029

In the second quarter of 2026, the Company recognized a non-cash asset impairment of $13 million, as it was determined that the HYP plant asset group’s net carrying value exceeded its estimated fair value as a result of weakened market conditions and reduced future cash flow projections. The impairment was recorded to the PBD & HYP segment in “asset impairment” in the condensed consolidated statements of operations. See Note 9—Fair Value Measurements for further information on the fair value measurement of the HYP plant asset group.

Item 1. Financial Statements (Unaudited)

FAQ

What is Rayonier Advanced Materials's high yield pulp — asset impairment?
Rayonier Advanced Materials (RYAM) reported high yield pulp — asset impairment of $13M in Q2 2026.
What does high yield pulp — asset impairment mean?
This metric represents the non-cash write-down of the carrying value of assets within the high-yield pulp segment when their fair value falls below their book value. It indicates potential long-term challenges in asset productivity or adverse changes in market conditions for the segment's products.

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