profit from every $100 of sales.
$0$100
Rayonier
$21.50+0.89% today
-2.8% in 1 year
1-year low $17.991-year high $24.65
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $13.45 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Rayonier sold, what it kept, and what it did with the cash.
Sales went from $909 million in 2022 to $484 million in 2025, with $474 million of profit last year.
SalesProfit
Rayonier handed back more cash to shareholders than it generated last year.
$296M
Free cash flow 2025$207M
Bought back its own shares$73M
Paid as dividends$296M
Cash vs. debt$843M vs. $1.1B
Rayonier vs. similar companies
Rayonier grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Rayonier | 13.4× · Cheap | ||
 Equinix | 77.3× · Very expensive | ||
 American Tower | 35.1× · Expensive | ||
 Digital Realty | 53.0× · Expensive | ||
 Crown Castle | 87.0× · Very expensive |
AI analysis
An AI analyst reads Rayonier's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 859 | 1,110 | 909 | 788 | 988 | 484 | |
| 147 | 313 | 221 | 259 | 440 | 157 | |
| – | – | 156 | 185 | 366 | 91 | |
| – | – | 316 | 341 | 487 | 207 | |
| 37 | 153 | 107 | 173 | 359 | 474 | |
| 0.27 | 1.08 | 0.73 | 1.17 | 2.39 | 3.03 | |
| 17.1% | 28.3% | 24.3% | 32.9% | 44.6% | 32.5% | |
| – | – | 17.1% | 23.4% | 37.1% | 18.7% | |
| 4.3% | 13.7% | 11.8% | 22.0% | 36.4% | 97.9% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 3,729 | 3,636 | 3,789 | 3,648 | 3,474 | 3,405 |
| Cash | 85 | 362 | 114 | 208 | 303 | 843 |
| Total debt | – | – | 1,603 | 1,453 | 1,061 | 1,059 |
| Total liabilities | – | – | 1,803 | 1,688 | 1,642 | 1,154 |
| 1,474 | 1,772 | 1,865 | 1,861 | 1,769 | 2,210 | |
| 137 | 145 | 150 | 151 | 152 | 159 | |
| 4.0% | 12.0% | 3.8% | 4.9% | 10.4% | 2.4% | |
| 2.5% | 8.6% | 5.7% | 9.3% | 20.3% | 21.5% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 204 | 325 | 269 | 298 | 262 | 257 | |
| – | – | 533 | 65 | 62 | 50 | |
| – | – | -264 | 234 | 199 | 207 | |
| Dividends paid | 146 | 154 | 166 | 173 | 203 | 296 |
| – | – | 4 | 4 | 19 | 73 | |
| 8 | 9 | 12 | 14 | 14 | 11 |
Valuation
- 13.4×
- 56.9×
- 0.22
- 0.6×
- 13.2×
- 30.9×
- 31.8×
- 3.2%
- 7.4%
- 11.9%
Profitability
- 32.5%
- 18.7%
- 97.9%
- 30.4%
- 0.5%
- 7.9%
- 15.4%
- 6.0%
- 0.5%
- –
Growth
- −10.8%
- +62.2%
- +30.0%
- +18.2%
- +2.4%
Financial health
- 6.8×
- 0.39
- 27.0%
- 1.0×
- 3.49
- 3.49
- 0.09
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 10%of 743
Bottom 27%of 749
Top 40%of 663
Bottom 7%of 759
Bottom 33%of 759
What analysts expect
- Average price target
- $27.75
- Range
- $24.00 – $33.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.07 | 0.06 | +16.7% |
| Feb 11, 2026 | 0.20 | 0.12 | +66.7% |
| Nov 5, 2025 | 0.32 | 0.23 | +39.1% |
| Aug 6, 2025 | 0.06 | 0.03 | +100.0% |
| Apr 30, 2025 | -0.02 | 0.08 | −125.0% |
| Feb 5, 2025 | 0.27 | 0.19 | +42.1% |
| Nov 6, 2024 | 0.12 | 0.13 | −7.7% |
| Aug 7, 2024 | 0.02 | 0.14 | −85.7% |
11.9%of the share price, paid each year
On $1,000 invested$119a year at today's yield, before tax
+18.2%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$1.00 in 2015 → $2.49 in 2025
How safe it looks
62.3% of its profit
Room to growStretchedMore than it earns: 143.1%
News
Rayonier declares $0.26 dividendSeeking Alpha · Oct 19, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
38No pass
Benjamin Graham
38No pass
Philip Fisher
20No pass
Peter Lynch
17No pass
Joel Greenblatt
60Pass
Charlie Munger
30No pass
Terry Smith
21No pass
Questions about Rayonier
Is Rayonier a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Rayonier AI analysis
What does Rayonier do?
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. It is in REIT - Specialty, based in Yulee, FL, United States, with 285 employees.
Does Rayonier pay a dividend?
Yes. At today's price the dividend is 11.9% a year, about 62% of its yearly profit. In 2025 it paid out $296 million in dividends.
Is Rayonier stock halal?
Yes. Rayonier passes our halal screen: its business is permitted and its debt is 17% of its market value, under the 30% limit. How we check
How has Rayonier stock done over the past year?
Down 2.8% over the past twelve months, to $21.50. It traded between $17.99 and $24.65 and is 12.8% below its high.
Who are Rayonier's competitors?
The largest listed companies in the same industry are Equinix, American Tower, Digital Realty and Crown Castle. The peers table on this page compares their profit, growth and price with Rayonier's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.