Rayonier Inc. (RYN)

Rayonier Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	470.98	480.41	368.98	178.5	122.79	210.49
Depreciation & Amortization	143.95	115.54	140.25	158.23	147.34	155.72
Stock-Based Compensation	24.14	11	14.23	14	12.36	9.28
Other Adjustments	-180.85	-344.29	-231.6	-57.52	8.95	-59.67
Change in Receivables	4.04	6.6	-2.83	4.4	-9.11	17.24
Changes in Inventories	10.01	0.24	2.01	0.51	-4.34	-0.5
Changes in Accounts Payable	5.8	-1.99	0.57	1.51	1.14	-1.59
Changes in Other Operating Activities	-22.14	-17.9	-22.97	-1.26	-9.94	-5.85
Operating Cash Flow	307.89	256.66	261.59	298.38	269.19	325.11
Operating Cash Flow Growth	5.87%	-1.88%	-12.33%	10.84%	-17.20%	59.23%
Capital Expenditures	-85.8	-79.59	-128.35	-118.59	-547.04	-267.6
Sale of Property, Plant & Equipment	2.4	4.47	484.8	239.94	29.5	54.68
Payments for Business Acquisitions	-24.77	-	-	-	-	-
Proceeds from Business Divestments	344.51	688.3	-	-	-	185.75
Other Investing Activities	1.23	1.87	-2.44	2.74	1.18	0.91
Investing Cash Flow	583.44	615.05	354.01	124.09	-516.36	-26.25
Long-Term Debt Issued	-	-	-	-	656.84	446.38
Long-Term Debt Repaid	-27.5	-	-250	-150	-531.84	-420
Net Long-Term Debt Issued (Repaid)	-27.5	-	-250	-150	125	26.38
Issuance of Common Stock	-	-	-	0.16	64.19	236.75
Repurchase of Common Stock	-102.86	-73.45	-18.87	-4.22	-4.23	-1.62
Net Common Stock Issued (Repurchased)	-102.86	-73.45	-18.87	-4.06	59.96	235.13
Common Dividends Paid	-262.72	-292.06	-200.57	-169.99	-165.71	-153.52
Other Financing Activities	-5.35	-7.37	-9.93	-4.66	-23.84	-124.31
Financing Cash Flow	-399.2	-372.87	-479.36	-328.87	-4.59	-16.31
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.36	1.39	-1.42	-0.62	-1.97	-0.89
Net Cash Flow	449.14	500.24	134.83	92.97	-253.73	281.66
Free Cash Flow	222.09	177.07	133.24	179.79	-277.85	57.51
Free Cash Flow Growth	25.42%	32.90%	-25.89%	-	-	-46.01%
FCF Margin	32.74%	36.55%	13.49%	22.80%	-30.56%	5.18%
Free Cash Flow Per Share	1.21	1.12	0.88	1.19	-1.85	0.40
Levered Free Cash Flow	489.69	490.68	100.65	63.9	-180.76	59.11
Unlevered Free Cash Flow	142.24	99.05	356.71	224.76	-258.79	132.39

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q