Rayonier Inc
Research Rayonier Inc (RYN) on Bullrun: valuation model: 6.1% overvalued, market cap USD 5.64B, P/E 41.9, dividend yield 12.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerRYN
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Specialty
- CurrencyUSD
- Valuation signal6.1% overvalued
- Market capUSD 5.64B
- P/E41.9
- Dividend yield12.9%
- Financial periodQ2 2026
- RevenueUSD 396.48M
- Net incomeUSD 19.14M
- Free cash flowUSD 88.23M
- Gross margin19.1%
Valuation Snapshot
Bullrun's latest valuation model marks Rayonier Inc as 6.1% overvalued; latest market cap is USD 5.64B; P/E is 41.9; dividend yield is 12.9%.
Peer valuation comparison
Latest P/E is 41.93x versus a Real Estate sector median of 14.06x (198.2% above).
Latest dividend yield is 12.93% versus a Real Estate sector median of 4.73% (173.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 483.04M | USD 474.38M | USD 206.61M | 32.3% | 3.03 | USD 842.94M | USD 1.05B | USD 2.21B |
| FY2024 | USD 986.44M | USD 359.15M | USD 176.75M | 44.5% | 2.39 | USD 303.07M | USD 1.04B | USD 1.77B |
| FY2023 | USD 786.96M | USD 173.49M | USD 219.53M | 32.8% | 1.17 | USD 179.68M | USD 1.29B | USD 1.86B |
| FY2022 | USD 575.91M | USD 107.08M | USD 194.38M | 31.9% | 0.73 | USD 114.26M | USD 1.51B | USD 1.87B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 5.64B | 41.9 | 13.0% | 2.45 |
| 2025 | 2025-12-31 | USD 3.49B | 49.2 | 11.5% | 2.48 |
| 2024 | 2024-12-31 | USD 3.88B | 11.2 | 11.3% | 2.96 |
| 2023 | 2023-12-29 | USD 4.95B | 61.9 | 4.1% | 1.36 |
| 2022 | 2022-12-30 | USD 4.83B | 58.9 | 3.5% | 1.14 |
| 2021 | 2021-12-31 | USD 5.87B | 37.4 | 2.7% | 1.08 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.45 USD, yield 12.9%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.49 USD |
| FY2024 | 2.94 USD |
| FY2023 | 1.34 USD |
| FY2022 | 1.13 USD |
About Rayonier Inc
Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S. South and U.S. Northwest. The company is focused on managing its timberlands on a sustainable basis while optimizing its overall portfolio value by delivering land to its highest and best use. Rayonier also operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program.
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Frequently asked questions
Is Rayonier Inc overvalued or undervalued?
Bullrun's valuation model currently marks Rayonier Inc as 6.1% overvalued.
What is Rayonier Inc's market cap?
Rayonier Inc's market capitalization is USD 5.64B.
What is Rayonier Inc's P/E ratio?
Rayonier Inc's price-to-earnings (P/E) ratio is 41.9.
Does Rayonier Inc pay a dividend?
Rayonier Inc has a dividend yield of 12.9%.
What does Rayonier Inc do?
Rayonier Inc. is a land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S. South and U.S. Northwest. The company is focused on managing its timberlands on a sustainable basis while optimizing its overall portfolio value by delivering land to its highest and best use. Rayonier also operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program.