Rayonier is an international real estate investment trust (REIT) committed to creating value through excellence in our core businesses: Forest Resources and Real Estate. We are a responsible steward of the land, managing every acre towards its highest and best use to achieve optimal value. Rayonier was founded in 1926 in the Pacific Northwest and our current headquarters is in Jacksonville, Florida. Over the years, Rayonier has expanded to become the third-largest timber REIT with approximately 2.7 million acres in the United States and New Zealand. Strategic by design, our business benefits from the geographic and market diversity of our land holdings across the US South, US Gulf States, US Pacific Northwest and New Zealand. Our future growth is boosted by an excellent portfolio of properties suited for higher and better uses (HBU). Our vision is to be the best-in-class international land resources company recognized as a leader in the industry. We achieve this every day by focusing on relationships, through creativity and innovation in our approach to our markets and assets, operational excellence, continued disciplined growth and creating value for our shareholders.
Company Growth (employees)
Type
Public
HQ
Jacksonville, US
Founded
1926
Size (employees)
315 (est)
Rayonier was founded in 1926 and is headquartered in Jacksonville, US

Rayonier Office Locations

Rayonier has offices in Jacksonville and Dublin
Jacksonville, US (HQ)
1400 225 Water St

Rayonier Data and Metrics

Rayonier Financial Metrics

Rayonier's revenue was reported to be $186.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

186.5 m

Gross profit (Q1, 2017)

50.1 m

Gross profit margin (Q1, 2017), %

27%

Net income (Q1, 2017)

35.1 m

EBIT (Q1, 2017)

49.3 m

Market capitalization (17-Aug-2017)

3.6 b

Cash (31-Mar-2017)

219.4 m
Rayonier's current market capitalization is $3.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

659.7 m603.5 m544.9 m788.3 m

Revenue growth, %

(9%)(10%)45%

Cost of goods sold

530.8 m483.9 m441.1 m161.9 m

Gross profit

128.9 m119.7 m103.8 m626.4 m

Gross profit Margin, %

20%20%19%79%

General and administrative expense

55.4 m47.9 m

Operating expense total

567.7 m505.2 m26 m

EBIT

108.7 m98.3 m77.8 m

EBIT margin, %

16%16%14%

Interest expense

31.7 m

Pre tax profit

70.2 m44.8 m43.1 m

Income tax expense

(35.7 k)(9.6 k)859 k

Net Income

373.8 m97.8 m43.9 m217.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

134.8 m261.6 m171.4 m186.5 m

Cost of goods sold

108 m138.2 m116.6 m136.4 m

Gross profit

26.9 m123.4 m54.8 m50.1 m

Gross profit Margin, %

20%47%32%27%

EBIT

23 m121.6 m49.7 m49.3 m

EBIT margin, %

17%46%29%26%

Pre tax profit

14.3 m113.9 m41.4 m41.4 m

Net Income

61.4 m89.5 m18.2 m15.3 m34.5 m15.1 m126.6 m167.3 m35.1 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

75 m349.5 m78.6 m280.6 m199.6 m161.6 m51.8 m85.9 m

Accounts Receivable

302 k

Inventories

138.8 m9 m15.4 m21.4 m

Current Assets

519.1 m214.4 m105.7 m164.8 m

PP&E

860.8 m6.7 m6.7 m14 m

Total Assets

3.7 b2.5 b2.3 b2.7 b

Accounts Payable

69.3 m20.2 m21.5 m22.3 m

Current Liabilities

276.1 m202 m59.5 m92 m

Retained Earnings

1 b790.7 m612.8 m700.9 m

Total Equity

1.4 b1.5 b

Financial Leverage

1.7 x1.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

222.1 m182.8 m139 m91.6 m65.8 m76.2 m129.7 m110 m219.4 m

Inventories

13.1 m13.4 m14.5 m17.4 m15 m16.1 m27.2 m

Current Assets

360.1 m251.5 m190.1 m145.7 m123.6 m135.2 m194.9 m214.1 m384.9 m

PP&E

6.1 m6.5 m6.6 m6.4 m6.2 m6.8 m9.1 m11.1 m16.8 m

Total Assets

2.6 b2.5 b2.4 b2.4 b2.3 b2.3 b2.6 b2.7 b2.9 b

Accounts Payable

27.9 m23.1 m22.2 m22.4 m19.3 m22.2 m22.8 m23.7 m31 m

Current Liabilities

91.4 m211.6 m196.8 m112.5 m81.4 m68.3 m68 m100.1 m182.9 m

Retained Earnings

891.6 m820.2 m776.8 m743.5 m657.3 m595.9 m675 m683.6 m689.6 m

Total Equity

1.5 b1.4 b1.3 b1.4 b1.4 b1.6 b

Financial Leverage

1.6 x1.7 x1.7 x1.9 x1.8 x1.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

373.8 m97.8 m43.9 m217.8 m

Depreciation and Amortization

191.3 m120 m113.7 m115.1 m

Inventories

(20 m)3.9 m(9.7 m)(1.2 m)

Accounts Payable

(1.7 m)29.9 m1.9 m(559 k)

Cash From Operating Activities

545.2 m316.5 m177.2 m203.8 m

Capital Expenditures

(158.9 m)(123.7 m)(57.3 m)(58.7 m)

Long-term Borrowings

(549.5 m)(1.3 b)(364.4 m)(458.4 m)

Dividends Paid

(237 m)(257.5 m)(124.9 m)(122.8 m)

Interest Paid

44.2 m47.6 m33 m36.3 m

Income Taxes Paid

99.1 m8.8 m277 k501 k

Free Cash Flow

704.1 m440.2 m234.5 m145.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

61.4 m89.5 m18.2 m15.3 m34.5 m15.1 m126.6 m167.3 m35.1 m

Depreciation and Amortization

54.5 m92.5 m30 m53.8 m85.8 m29.3 m51.7 m83.7 m30.8 m

Inventories

4.8 m2.6 m(3.1 m)(8.1 m)(9.4 m)(4.6 m)(2.1 m)(4.6 m)(3.5 m)

Accounts Payable

27.3 m33.3 m2.9 m3.9 m1.9 m1.4 m2.3 m583 k5.9 m

Cash From Operating Activities

226.4 m280.7 m53.4 m85.9 m143.4 m31 m77 m163.9 m33.9 m

Capital Expenditures

(80.5 m)(105.7 m)(13.3 m)(26.1 m)(38.5 m)(13.3 m)(26.2 m)(40.2 m)(14.4 m)

Long-term Borrowings

(1.1 b)(1.2 b)(11.4 m)(31.5 m)(300.9 m)(240.8 m)(426.2 m)(454.4 m)(20.5 m)

Dividends Paid

(124.6 m)(225.9 m)(31.7 m)(63.4 m)(94.3 m)(30.7 m)(61.4 m)(92.1 m)(30.6 m)

Cash From Financing Activities

133.2 m

Interest Paid

27 m38.2 m5 m15.3 m21.9 m5.8 m16.9 m23.5 m3.7 m

Income Taxes Paid

10.4 m10.5 m138 k270 k421 k119 k337 k495 k214 k

Free Cash Flow

145.9 m175.1 m40.1 m59.8 m104.9 m17.7 m50.8 m123.7 m19.6 m
USDY, 2017

Revenue/Employee

592.1 k

Financial Leverage

1.8 x

Rayonier Market Value History

Traffic Overview of Rayonier

Rayonier Online and Social Media Presence

Rayonier Company Life and Culture

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