# Rayonier Inc. REIT (RYN) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Real Estate / Specialty REITs. Price $19.62, market value $5.9 billion.

## Valuation
- **P/E (trailing): 42.7×** (5-yr avg 20.3×, 3-yr avg 13.1×). Rayonier Inc. REIT trades at 42.7× trailing earnings, well above its own five-year average of 20.3×: investors are paying up relative to the company's past. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 34.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.29**. A PEG of 1.29 is in the range usually read as fairly priced for its growth.
- **Price / sales: 6.1×**. Each dollar of revenue is priced at 6.1×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 2.3%**. The inverse of the P/E: 2.3% of the price is earned each year.

## Profitability
- **Operating margin: 6.0%**. 6.0% of revenue is left after running the business.
- **Net margin: 98.2%**. 98.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 21.5%**. 21.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 1.9%**. Return on all capital, debt included, is 1.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.2%**. Each dollar of assets produces 2.2% of profit.

## Growth
- **Revenue growth (1 yr): -51.0%** (3-yr -19.0%/yr, 5-yr -10.9%/yr). Revenue fell 51.0% over the last year, against -10.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 26.8%** (3-yr 60.7%/yr, 5-yr 62.2%/yr). Earnings per share rose 26.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.47**. Debt is 0.47 times equity: a conservative balance sheet.
- **Current ratio: 3.26** (quick 3.26). Current assets cover the next year's liabilities 3.26 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.30%** ($1.06 per share, trailing). Rayonier Inc. REIT yields 5.30%, an income-level yield.
- **Payout ratio: 62%**. 62% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): 18.2%/yr** (1-yr -15.2%). The dividend has compounded at 18.2% a year over five years, doubling roughly every 4 years at that pace.
- **Shareholder yield: 6.6%**. Dividends plus net buybacks return 6.6% of the market value a year.

## Price and momentum
- **Total return (1 yr): -6.4%** (YTD -7.1%, 3-mo -10.5%). The shares are down 6.4% over twelve months including dividends.
- **From 52-week high: -21.0%** (10.8% above the low). Trading 21% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.24** (volatility 26%). Beta of 0.24 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RYN · Page: https://foliofundamentals.com/stocks/ryn

Not investment advice.