Rayonier Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Revenue	484.5	1,264	1,057	924.55	1,110
Total Revenue	484.5	1,264	1,057	924.55	1,110
Revenue Growth (YoY	-61.66%	19.57%	14.32%	-16.68%	29.15%
Property Expenses	327.2	784.83	760.27	687.56	796.12
Selling, General & Administrative	66.7	74.42	74.77	64.67	57.79
Other Operating Expenses	7.3	8.13	1.93	0.31	0.1
Total Operating Expenses	401.2	867.39	836.97	752.54	854.01
Operating Income	83.3	396.44	219.96	172.01	255.59
Interest Expense	-26.3	-36.92	-48.34	-36.21	-44.91
Interest & Investment Income	24.3	8.76	2.02	2.32	-
Currency Exchange Gain (Loss)	-	1.27	-8.46	-5.25	6.82
Other Non-Operating Income	-6.7	-	-	-	-0.02
EBT Excluding Unusual Items	74.6	369.56	165.18	132.87	217.49
Gain (Loss) on Sale of Investments	-	-	-	-	7.58
Gain (Loss) on Sale of Assets	-	0.01	0.04	0.04	0.08
Asset Writedown	-	-	-2.3	-0.73	-
Total Legal Settlements	-	8	20.7	-	-
Other Unusual Items	-	-0.4	-	-	-
Pretax Income	74.6	376.03	183.62	132.18	225.15
Income Tax Expense	0.5	7.05	5.12	9.39	14.66
Earnings From Continuing Operations	74.1	368.98	178.5	122.79	210.49
Earnings From Discontinued Operations	406.3	-	-	-	-
Net Income to Company	480.4	368.98	178.5	122.79	210.49
Minority Interest in Earnings	-6	-9.84	-5	-15.71	-57.94
Net Income	474.4	359.15	173.49	107.08	152.55
Net Income to Common	474.4	359.15	173.49	107.08	152.55
Net Income Growth	32.09%	107.01%	62.03%	-29.81%	311.36%
Basic Shares Outstanding	155	149	148	146	141
Diluted Shares Outstanding	159	152	151	150	145
Shares Change (YoY)	4.35%	0.68%	0.61%	3.34%	6.10%
EPS (Basic)	3.07	2.41	1.17	0.73	1.08
EPS (Diluted)	3.07	2.39	1.17	0.73	1.08
EPS Growth	28.09%	104.95%	60.16%	-32.55%	293.57%
Dividend Per Share	1.090	1.140	1.140	1.125	1.080
Dividend Growth	-4.39%	-	1.33%	4.17%	-
Operating Margin	17.19%	31.37%	20.81%	18.61%	23.04%
Profit Margin	97.91%	28.42%	16.41%	11.58%	13.75%
EBITDA	189.8	536.69	378.19	319.35	411.31
EBITDA Margin	39.17%	42.47%	35.78%	34.54%	37.07%
D&A For Ebitda	106.5	140.25	158.23	147.34	155.72
EBIT	83.3	396.44	219.96	172.01	255.59
EBIT Margin	17.19%	31.37%	20.81%	18.61%	23.04%
Effective Tax Rate	0.67%	1.88%	2.79%	7.10%	6.51%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.