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Rayonier RYN Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Reportable segment adjusted EBITDA by Business
Northwest Timber$8.58M+45.5%$5.9M
Real Estate$46.22M+2,196%$32.69M-48.4%$73.81M+270%$18.56M+311%$2.01M-56.0%
Southern Timber$45.51M+68.2%$31.99M-7.9%$42.68M+12.6%$28.38M-16.2%$27.05M-39.6%
Wood Products$6.8M$0
SALES (NOTE 4) by Business
Northwest Timber$32.07M+47.0%$21.81M
Real Estate$59.78M+488%$42.26M-92.5%$90.76M+202%$29.43M+90.3%$10.17M-34.7%
Southern Timber$88.69M+74.1%$57.21M-3.2%$66.83M+7.1%$53.32M-10.1%$50.94M-27.2%
Wood Products$108.48M$0
Operating Income (Loss) by Business
Northwest Timber-$449K-253%$294K
Real Estate$27.37M+2,981%$27.09M-91.7%$26.41M+206%$9.78M+1,795%-$950K-642%
Southern Timber$12.39M+22.1%$15.82M-12.0%$22.54M+13.9%$12.6M-26.3%$10.15M-55.9%
Wood Products-$1.02M$0
Other Cost and Expense, Operating by Business
Northwest Timber$7.36M+12.3%$6.55M
Real Estate$13.56M+66.3%$9.57M-50.1%$24M+137%$10.87M-0.8%$8.15M-25.8%
Southern Timber$12.85M+13.0%$11.33M+2.9%$10.37M-9.6%$11.74M-8.7%$11.37M+7.7%
Wood Products$1.89M$0
Total Capital Expenditures by Business
Northwest Timber$4.01M+69.5%$2.37M
Real Estate$13K-69.0%$127K+19.8%$20K-69.2%$36K-50.7%$42K-46.8%
Southern Timber$13.98M+45.3%$12.98M-26.5%$10.86M+19.5%$8.1M-24.0%$9.62M-12.6%
Wood Products$2.43M$0
Non-cash cost of land and improved development by Business
Northwest Timber$0$0
Real Estate$11.99M+400%$30.75M+212%$6.9M+104%$2.4M-18.8%
Southern Timber$0$0$0$0
Wood Products$0$0
Non-Cash Cost Of Improved Development by Business
Northwest Timber$0$0
Real Estate$11.99M+400%$3.67M-94.2%$30.75M+212%$6.9M+104%$2.4M-18.8%
Southern Timber$0$0$0$0$0
Wood Products$0$0
Add: Inventory purchase price adjustment in cost of sales by Business
Northwest Timber$0
Real Estate$0
Southern Timber$0
Wood Products$1.15M
Depreciation, Depletion and Amortization by Business
Northwest Timber$9.03M+61.1%$5.61M
Real Estate$6.86M+1,117%$1.93M-98.8%$9.61M+562%$1.88M+203%$564K-67.8%
Southern Timber$33.11M+96.0%$16.17M-3.4%$20.14M+11.2%$15.79M-5.8%$16.9M-22.5%
Wood Products$6.67M$0
Revenue from Contract with Customer, Excluding Assessed Tax by Product
Deferred Revenue/Other$3.5M+171%$4.79M+128%$8.88M+224%$1.88M-62.9%$1.29M-68.6%
Hardwood$1.62M+6.0%$1.65M-15.9%$2.08M+83.1%$923K+37.4%$1.53M+27.9%
Improved Development$6.59M+100%$14.79M+3.0%$20.59M+71.6%$8.48M+229%$3.29M+80.5%
Land-Based Solutions$3.6M+29.1%$2.89M-61.4%$2.85M+2.8%$2.81M+8.3%$2.79M+62.9%
License Revenue, Primarily From Hunting$7.91M+48.5%$5.63M-0.9%$5.58M-1.1%$5.44M+0.4%$5.33M-0.8%
Lumber$87.2M
Other Non-Timber/Carbon Credit Revenue$3.69M+87.0%$7.81M-20.3%$2.54M-9.4%$1.97M-34.1%
Plywood/Residual/Other$21.29M
Pulpwood$24.97M+18.6%$20.52M-10.1%$23.49M-4.1%$20.7M-18.8%$21.06M-23.4%
Rural$49.43M+837%$20.27M-52.8%$7.31M-46.9%$15.73M+111%$5.27M-39.6%
Sawtimber$66.73M+68.2%$38.23M-6.5%$44.96M-1.0%$44.71M-5.3%$39.67M-33.2%
Cost of Product and Service Sold by Product
Fiber costs$49.3M
Finished goods inventory change-$2.37M
Freight, logging and hauling$59.64M+173%$21.88M
Manufacturing Costs$40.84M

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Questions, answered.

How does Rayonier break its business down?
Rayonier (RYN) reports reportable segment adjusted ebitda by business across 4 parts — Northwest Timber, Real Estate, Southern Timber and Wood Products. Each is extracted from the segment footnotes and tracked over time.
Where does Rayonier's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Rayonier's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.