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Rayonier RYN Non-cash cost of land and improved development

Discontinued — last reported Q1 '25

Segments

By segment

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Real Estate$11.99M+400%
Northwest Timber$0
Southern Timber$0
Wood Products$0

Other financials

Income statement

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Revenue$276.8M+234%
Gross profit$46.5M+158%
Operating income-$45.7M-77,478%
Net income-$12.4M-263%
EPS (diluted)-$0.05-150%

Balance sheet

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Cash & equivalents$681.7M+215%
Total debt$2.3B+82.2%
Total equity$5.3B+178%
Total assets$7.7B+131%

Cash flow

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Operating cash flow$34.6M+24.9%
CapEx$4.9M+28.6%
Free cash flow$29.7M+24.3%

Valuation

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Market cap$6.62B+78.3%
Enterprise value$8.24B+102%
P/E14.2×+9.4×
P/S9.8×+5.9×

Profitability

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Gross margin27.4%-17.6pp
Operating margin5.5%-31.6pp
Net margin68.6%+31.6pp
FCF margin37.9%+19.9pp

Returns & leverage

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Return on equity12.8%-6.1pp
Debt / equity0.4×-0.2×
Current ratio2.5×-0.2×

Where this comes from

Reported directly by Rayonier in its filing.

Tagged under the XBRL concept ryn:NonCashCostOfImprovedDevelopmentExcludingAmountsAssociatedWithDispositions.

The source filing: Rayonier’s 10-Q, filed May 2, 2025.

Filed
May 2, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0000052827-25-000101
Line itemThree Months Ended March 31, 2025Three Months Ended March 31, 2024
Adjustments to reconcile net (loss) income to cash provided by operating activities:
Depreciation, depletion and amortization from continuing operations23,49333,063
Depreciation, depletion and amortization from discontinued operations4,3344,020
Non-cash cost of land and improved development2,3992,953
Stock-based incentive compensation expense2,2813,218
Deferred income taxes(1,048)(1,004)
Pension settlement charge5,673
Other8,7541,899

Item 1. Financial Statements

FAQ

What is Rayonier's non-cash cost of land and improved development?
Rayonier (RYN) reported non-cash cost of land and improved development of $2.4M in Q1 2025.
How has Rayonier's non-cash cost of land and improved development changed year-over-year?
Rayonier's non-cash cost of land and improved development decreased by 18.8% year-over-year, from $2.95M to $2.4M.
What is the long-term trend for Rayonier's non-cash cost of land and improved development?
Over 3 years (2021 to 2024), Rayonier's non-cash cost of land and improved development has grown at a 21.1% compound annual growth rate (CAGR), from $24.98M to $44.41M.

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