Company Analysis

Rayonier Inc. (RYN)

NYSE: RYN · Real Estate Investment Trusts · Wildlight, FL · filing with the SEC since 1994
Grade4.3
◀ Past 3.6● Present 4.8▶ Future 4.1

The grade of Rayonier Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.3/10
◀ Past3.625% of the headline
● Present4.845% of the headline
▶ Future4.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.6/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.0/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2026-03-18.

weight 45% of this tense · 30th percentile among 174 sector filers · read for itself

From the record

Rayonier Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2026-03-18) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.8/10

What has it actually done, year after year?

-5.6% a year over 10 filed years; profitable in 10 of 10.

weight 33% of this tense · 28th percentile among 156 sector filers · read for its customers

From the record

Rayonier Inc.'s 10 filed years say what it did: revenue went from $816 million in fiscal 2016 to $484 million in fiscal 2025, down 5.6% a year; it rose in 4 of 9 years; the deepest fall was 56% from fiscal 2021 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-5.6%bottom 7% of its family
  • the share of years revenue rosebottom 8% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak56.3%bottom 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.8/10

How has it treated the people who own it?

Share count grew 1.9% a year. 83% of cash flow returned. Insiders: 6 sales, 0 purchases.

weight 22% of this tense · 58th percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Rayonier Inc.'s diluted share count grew about 1.9% a year, and dividends and buybacks returned about 83% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-06 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 47% of its family
  • cash returned against operating cash flowtop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.8/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
5.6/10

Is it financially healthy right now?

ROE 21%: 21¢ of profit per shareholder dollar. Leverage 35%: owes 35¢ per asset dollar.

weight 45% of this tense · 56th percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Rayonier Inc. earned about 21 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 5 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 35 cents per dollar of assets, and net share issuance: its share count grew 4.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 8% of its family
  • return on equitytop 7% of its family
  • gross profit against assetsbottom 9% of its family
  • the share count against the year beforebottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.8/10

How strong is its position in its industry?

bottom 48% of 157 in its family; net margin 97.9%.

weight 33% of this tense · 48th percentile among 157 sector filers · read for its customers

From the record

Rayonier Inc.'s standing among 157 graded names in its industry family: revenue of $484 million in fiscal 2025 ranks in the bottom 45% by size; a net margin of 97.9% ranks in the top 2%; revenue growth of -18.9% a year over the last 3 filed years ranks in the bottom 2% (its annual reports).

What it rests on

  • revenue against the family$484Mbottom 45% of its family
  • net margin97.9%top 2% of its family
  • three-year revenue growth-18.9%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.3/10

What are the people in charge doing?

bottom 33% of 160 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 33rd percentile among 160 sector filers · read for its shareholders

From the record

Rayonier Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mchugh, Mark (President and CEO, as filed), filing under that title since 2024-04-03, 2.6 years (bottom 17% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 6.5 years (bottom 30%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (top 47%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 21 peopletop 47% of its family
  • the median years the people in charge have filed6.5 yearsbottom 30% of its family
  • the chief executive's years on the record2.6 yearsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.2/10

How much room does it have to grow?

top 48% of 146 in its family for room to expand.

weight 22% of this tense · 52nd percentile among 146 sector filers · read for itself

From the record

Rayonier Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $843 million against debt of $845 million leaves -0.1% of its assets as net cash, top 38% of its family; cash from operations less capital spending is 53% of revenue (top 24%); a gross margin of 32.5% (bottom 18%) (its annual report).

What it rests on

  • cash less debt against assets-0.1%top 38% of its family
  • cash from operations less capital spending against revenue53.0%top 24% of its family
  • gross margin32.5%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
0.9/10

What could actually drive growth from here?

bottom 9% of 153 in its family for growth drivers.

weight 33% of this tense · 9th percentile among 153 sector filers · read for its customers

From the record

Rayonier Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -18.9% a year over the last three filed years against -5.6% over all 10, slowing (bottom 13% of its family); the newest year grew -51% (bottom 1%); capital spending grew -26.2% a year (bottom 14%) (its annual reports). Rayonier Inc. reported 3 lines of business in fiscal 2025: Southern Timber at $228 million (47%), Real Estate at $173 million (36%), Pacific Northwest Timber at $84 million (17%); 0 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-13.3 points a yearbottom 13% of its family
  • the newest year's revenue growth-51.0%bottom 1% of its family
  • three-year growth of capital spending-26.2%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.0/10

Did its newest year beat what its own record pointed to?

top 40% of 150 in its family for expectations against reality.

weight 45% of this tense · 60th percentile among 150 sector filers · read for its shareholders

From the record

Rayonier Inc.'s newest year against its own record: revenue of $484 million in fiscal 2025 came in 53% below the $1.0 billion its prior three years' pace pointed to (bottom 1% of its family); net income of $474 million against a prior three-year average of $213 million (top 18%); a net margin of 97.9% against 23.4% before (top 4%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-53.0%bottom 1% of its family
  • net income against the prior three years' average+123%top 18% of its family
  • net margin against its prior average+74.5 pointstop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RYN · research, not advice