Rayonier (RYN) revenue breakdown
By segment, Southern Timber is the largest at 47% of fiscal 2025 revenue, growing 5% a year over 9 years.
By product, Sawtimber is the largest at 34% of fiscal 2025 revenue; Improved Development grew fastest, 28% a year over 7 years.
Revenue by segment
Fiscal years, as Rayonier reports them in its 10-K filings; fiscal 2025 total $483M.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Southern Timber | $150M | $145M | $170M | $194M | $192M | $204M | $264M | $265M | $252M | $228M | 47% |
| Real Estate | $301M | $207M | $139M | $75M | $229M | $189M | $137M | $389M | $627M | $171M | 35% |
| Pacific Northwest Timber | $78M | $92M | $110M | $85M | $121M | $143M | $162M | $133M | $108M | $84M | 17% |
| New Zealand Timber | $176M | $223M | $249M | $242M | $202M | $281M | $274M | — | — | — | — |
| Timber Funds | — | — | — | — | — | $196M | — | — | — | — | — |
| Trading | $110M | $153M | $149M | $115M | $89M | $95M | $71M | — | — | — | — |
| Timber Funds | — | — | — | — | $26M | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Rayonier reports them in its 10-K filings; fiscal 2025 total $483M.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Sawtimber | $500M | $439M | $449M | $565M | $515M | $233M | $189M | $166M | 34% |
| Pulpwood | $137M | $143M | $143M | $160M | $183M | $107M | $100M | $86M | 18% |
| Timberland & Non-Strategic | — | — | $19M | $44,000 | $11M | $3M | $610,000 | $54M | 11% |
| Rural | $23M | $30M | $67M | $43M | $59M | $100M | $73M | $49M | 10% |
| Improved Development | $8M | $6M | $14M | $52M | $35M | $31M | $31M | $47M | 10% |
| License Revenue, primarily from Hunting | $17M | $19M | $19M | $20M | $23M | $24M | $22M | $22M | 5% |
| Other Non-Timber Revenue | — | — | — | — | — | $14M | $20M | $19M | 4% |
| Real Estate, Other | $57,000 | $544,000 | $283,000 | -$4M | -$38,000 | $13M | $14M | $17M | 3% |
| Land-Based Solutions | — | — | — | — | $1M | $5M | $15M | $11M | 2% |
| Hardwood | $3M | $5M | $2M | $5M | $17M | $4M | $5M | $6M | 1% |
| Unimproved Development | — | — | — | $38M | — | $114,000 | $12M | $5M | 1% |
| Trading | — | — | — | — | — | $10M | $8M | $2M | 0% |
| Large Dispositions | — | — | $116M | $56M | $30M | $242M | $495M | — | — |
| Conservation Easements | — | — | — | — | — | — | $1M | — | — |
| Fund II Timberland Dispositions | — | — | — | $157M | — | — | — | — | — |
| Other Non-Timber/Carbon Credit Revenue | $19M | $29M | $15M | $13M | $31M | — | — | — | — |
| Timberlands & Non-Strategic | $99M | $19M | — | — | — | — | — | — | — |
| Unimproved Development | $9M | $19M | $8M | — | — | — | — | — | — |
| Conservation Easements | — | — | — | $4M | — | — | — | — | — |
| Conservation Easements | — | — | $3M | — | — | — | — | — | — |
| Agency Fee Income | $652,000 | $677,000 | $1M | $1M | $1M | — | — | — | — |
Revenue by region
Fiscal years, as Rayonier reports them in its 10-K filings; fiscal 2024 total $1.3B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Delivered Wood (Domestic) | $528M | $419M | $390M | $354M | $568M | $733M | $577M | $788M | $988M | 78% |
| New Zealand | $288M | $400M | $426M | $357M | $291M | $377M | $332M | $269M | $275M | 22% |
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Where does Rayonier make its money?
In fiscal 2025, by segment: Southern Timber $228M, Real Estate $171M, Pacific Northwest Timber $84M.
From Rayonier's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.