Rayonier Past Earnings Performance
Past criteria checks 2/6
Rayonier has been growing earnings at an average annual rate of 4.4%, while the Specialized REITs industry saw earnings growing at 21.5% annually. Revenues have been growing at an average rate of 4.4% per year. Rayonier's return on equity is 4.4%, and it has net margins of 9.5%.
Key information
4.4%
Earnings growth rate
0.9%
EPS growth rate
| Specialized REITs Industry Growth | 20.0% |
| Revenue growth rate | 4.4% |
| Return on equity | 4.4% |
| Net Margin | 9.5% |
| Next Earnings Update | 31 Jan 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Rayonier makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 835 | 80 | 70 | 0 |
| 30 Jun 23 | 829 | 81 | 68 | 0 |
| 31 Mar 23 | 866 | 86 | 66 | 0 |
| 31 Dec 22 | 909 | 107 | 64 | 0 |
| 30 Sep 22 | 926 | 83 | 65 | 0 |
| 30 Jun 22 | 1,095 | 138 | 61 | 0 |
| 31 Mar 22 | 1,140 | 171 | 58 | 0 |
| 31 Dec 21 | 1,110 | 153 | 57 | 0 |
| 30 Sep 21 | 1,053 | 154 | 55 | 0 |
| 30 Jun 21 | 887 | 78 | 57 | 0 |
| 31 Mar 21 | 791 | 22 | 55 | 0 |
| 31 Dec 20 | 859 | 37 | 51 | 0 |
| 30 Sep 20 | 832 | 43 | 48 | 0 |
| 30 Jun 20 | 790 | 43 | 44 | 0 |
| 31 Mar 20 | 779 | 60 | 42 | 0 |
| 31 Dec 19 | 712 | 59 | 42 | 0 |
| 30 Sep 19 | 699 | 51 | 42 | 0 |
| 30 Jun 19 | 743 | 75 | 42 | 0 |
| 31 Mar 19 | 804 | 92 | 43 | 0 |
| 31 Dec 18 | 816 | 102 | 42 | 0 |
| 30 Sep 18 | 890 | 164 | 42 | 0 |
| 30 Jun 18 | 873 | 166 | 41 | 0 |
| 31 Mar 18 | 828 | 156 | 40 | 0 |
| 31 Dec 17 | 820 | 152 | 40 | 0 |
| 30 Sep 17 | 828 | 133 | 41 | 0 |
| 30 Jun 17 | 815 | 148 | 42 | 0 |
| 31 Mar 17 | 876 | 231 | 43 | 0 |
| 31 Dec 16 | 816 | 212 | 45 | 0 |
| 30 Sep 16 | 705 | 174 | 43 | 0 |
| 30 Jun 16 | 685 | 154 | 43 | 0 |
| 31 Mar 16 | 539 | 43 | 45 | 0 |
| 31 Dec 15 | 569 | 46 | 46 | 0 |
| 30 Sep 15 | 555 | 44 | 46 | 0 |
| 30 Jun 15 | 553 | 57 | 44 | 0 |
| 31 Mar 15 | 601 | 63 | 46 | 0 |
| 31 Dec 14 | 604 | 56 | 48 | 0 |
| 30 Sep 14 | 695 | 79 | 50 | 0 |
| 30 Jun 14 | 704 | 61 | 54 | 0 |
| 31 Mar 14 | 696 | 95 | 55 | 0 |
| 31 Dec 13 | 660 | 104 | 55 | 0 |
| 30 Sep 13 | 835 | 145 | 58 | 0 |
| 30 Jun 13 | 1,062 | 211 | 60 | 0 |
| 31 Mar 13 | 1,255 | 238 | 61 | 0 |
Quality Earnings: RYN * has a large one-off gain of $34.1M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: RYN *'s current net profit margins (9.5%) are higher than last year (8.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RYN *'s earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: RYN *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RYN * had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Specialized REITs industry average (-5.6%).
Return on Equity
High ROE: RYN *'s Return on Equity (4.4%) is considered low.