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Rayonier RYN Florida, Georgia and Texas — Number of acquisitions

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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$6.55B+64.2%
Enterprise value$8.17B+87.1%
P/E14.1×+8.8×
P/S9.7×+5.5×

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:NumberOfAcquisitions.

The source filing: Rayonier’s 10-K, filed February 24, 2023.

Filed
Feb 24, 2023
Fiscal year
FY2022
Accession
0000052827-23-000035

In 2021, we acquired approximately 100,000 acres of U.S. timberland located in Florida, Georgia and Texas through seven transactions for an aggregate value of $168.2 million, which were funded from operating cash flow, proceeds from the sale of the Timber Funds business and use of the Company’s 2020 ATM Program. Additionally, during 2021, we acquired approximately 3,000 acres of timberland (including approximately 1,000 acres of leased land) in New Zealand for approximately $10.9 million. These acquisitions were funded from operating cash flow.

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Rayonier's florida, georgia and texas — number of acquisitions?
Rayonier (RYN) reported florida, georgia and texas — number of acquisitions of 1.8 in Q4 2021.
What does florida, georgia and texas — number of acquisitions mean?
This metric counts the total number of distinct land acquisition transactions completed within the specified geographic region. It provides insight into the frequency and pace of the company's inorganic growth activities and its ability to identify and close deals in competitive timberland markets. A higher number of transactions may indicate an active strategy to consolidate holdings or diversify land assets within the region.

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