Rayonier Inc. (RYN)

Rayonier Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	1,004	1,057	909.07	1,110	859.15	711.56
Total Revenue	1,004	1,057	909.07	1,110	859.15	711.56
Revenue Growth (YoY	20.26%	16.27%	-18.07%	29.15%	20.74%	-12.81%
Property Expenses	718.43	760.27	687.58	796.12	697.23	558.35
Selling, General & Administrative	77.95	74.77	64.67	57.79	50.65	41.65
Other Operating Expenses	9.72	1.93	0.31	0.1	0.54	2.11
Total Operating Expenses	806.1	836.98	752.57	854.01	748.42	602.1
Operating Income	198.01	219.96	156.5	255.59	110.74	109.46
Interest Expense	-41.16	-48.34	-36.21	-44.91	-38.77	-31.72
Interest & Investment Income	15.9	22.72	2.32	-	0.73	5.87
Currency Exchange Gain (Loss)	-4.71	-8.46	-5.25	6.82	-3.5	-2.94
Other Non-Operating Income	-	-	-	-0.02	0.56	-0.11
EBT Excluding Unusual Items	168.04	185.88	117.36	217.49	69.76	80.56
Merger & Restructuring Charges	-	-	-	-	-17.17	-
Gain (Loss) on Sale of Investments	-	-	15.48	7.58	-0.72	-
Gain (Loss) on Sale of Assets	0.01	0.04	0.04	0.08	0.12	0.06
Asset Writedown	-	-	-	-	-15.2	-
Other Unusual Items	0	-2.3	-0.7	-	-	-
Pretax Income	168.05	183.62	132.18	225.15	36.79	80.62
Income Tax Expense	3.05	5.12	9.39	14.66	7.01	12.94
Earnings From Continuing Operations	165	178.5	122.79	210.49	29.78	67.68
Net Income to Company	165	178.5	122.79	210.49	29.78	67.68
Minority Interest in Earnings	-6.05	-5	-15.71	-57.94	7.3	-8.57
Net Income	158.95	173.49	107.08	152.55	37.08	59.11
Net Income to Common	158.95	173.49	107.08	152.55	37.08	59.11
Net Income Growth	99.59%	62.03%	-29.81%	311.36%	-37.26%	-42.18%
Basic Shares Outstanding	149	148	146	141	134	129
Diluted Shares Outstanding	151	151	150	145	137	130
Shares Change (YoY)	0.24%	0.61%	3.34%	6.10%	5.67%	-0.07%
EPS (Basic)	1.07	1.17	0.73	1.08	0.28	0.46
EPS (Diluted)	1.07	1.17	0.73	1.08	0.27	0.46
EPS Growth	98.46%	60.16%	-32.56%	293.58%	-39.94%	-42.12%
Dividend Per Share	1.140	1.140	1.125	1.080	1.080	1.080
Dividend Growth	0%	1.33%	4.17%	0%	0%	1.89%
Operating Margin	19.72%	20.81%	17.22%	23.03%	12.89%	15.38%
Profit Margin	15.83%	16.41%	11.78%	13.75%	4.32%	8.31%
Free Cash Flow Margin	26.21%	28.23%	29.61%	29.30%	23.76%	30.11%
EBITDA	348.62	378.19	303.84	411.31	275.73	237.69
EBITDA Margin	34.72%	35.78%	33.42%	37.07%	32.09%	33.40%
D&A For Ebitda	150.61	158.23	147.34	155.72	165	128.24
EBIT	198.01	219.96	156.5	255.59	110.74	109.46
EBIT Margin	19.72%	20.81%	17.22%	23.03%	12.89%	15.38%
Effective Tax Rate	1.81%	2.79%	7.10%	6.51%	19.05%	16.05%

Source: S&P Capital IQ. Real Estate template. Financial Sources.