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Rayonier RYN Pulpwood — Revenue from Contract with Customer, Excluding Assessed Tax

Other product segments

Lumber
$87.2M
Sawtimber
$66.73M+68.2%
Rural
$49.43M+837%
Plywood/Residual/Other
$21.29M
License Revenue, Primarily From Hunting
$7.91M+48.5%
Improved Development
$6.59M+100%
Other Non-Timber/Carbon Credit Revenue
$3.69M+87.0%
Land-Based Solutions
$3.6M+29.1%
Deferred Revenue/Other
$3.5M+171%
Hardwood
$1.62M+6.0%

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$24.2M+24.1%
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TNLAncillary Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$0-100%
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TNLTransaction Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$109M-6.8%
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NTRSOther — Revenue from Contract with Customer, Excluding Assessed Tax
$68.6M+8.2%

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

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

Returns & leverage

See full
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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Rayonier’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 5:14 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000052827-26-000078
Three Months Ended / March 31, 2026Southern TimberNorthwest TimberWood ProductsReal EstateElim.Total
Pulpwood$23,219$1,755$24,974
Sawtimber42,38824,34066,728
Hardwood1,6211,621
Total Timber Sales67,22826,09593,323
License Revenue, Primarily from Hunting7,6372747,911
Land-Based Solutions (a)3,59323,595
Other Non-Timber Revenue2,5941,0983,692
Total Non-Timber Sales13,8241,37415,198

Item 1. Financial Statements

FAQ

What is Rayonier's pulpwood — revenue from contract with customer, excluding assessed tax?
Rayonier (RYN) reported pulpwood — revenue from contract with customer, excluding assessed tax of $24.97M in Q1 2026.
How has Rayonier's pulpwood — revenue from contract with customer, excluding assessed tax changed year-over-year?
Rayonier's pulpwood — revenue from contract with customer, excluding assessed tax increased by 18.6% year-over-year, from $21.06M to $24.97M.
What is the long-term trend for Rayonier's pulpwood — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Rayonier's pulpwood — revenue from contract with customer, excluding assessed tax has grown at a -14.5% compound annual growth rate (CAGR), from $160.33M to $85.76M.
What does pulpwood — revenue from contract with customer, excluding assessed tax mean?
This metric represents the net revenue generated from the sale of pulpwood products to customers, excluding any assessed taxes collected on behalf of government authorities. It serves as a primary indicator of the demand and pricing power for the company's lower-grade timber products used in paper and packaging manufacturing. Tracking this figure helps investors assess the operational performance and market competitiveness of the pulpwood segment independent of tax-related fluctuations.

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