Rayonier Inc. RYN

What this company does

The company generates recurring income and cash flow primarily from the harvest and sale of timber. As of December 31, 2025, it owned or leased under long-term agreements approximately 2.0 million acres of timberlands located in the U.S. South and U.S. Pacific Northwest. Its revenues, operating income and cash flows are primarily derived from three core segments: Southern Timber, Pacific Northwest Timber, and Real Estate. Key consumers of its Southern timber include pulp, paper, wood products and biomass facilities. Its product mix in the Pacific Northwest is heavily weighted to sawtimber, which is sold to domestic wood products facilities as well as exported primarily to Pacific Rim markets. All of its land sales are reported within the Real Estate segment in six categories. Founded in 1926 as the Rainier Pulp & Paper Company, the company's key milestones include the 2014 tax-free spin-off of its Performance Fibers manufacturing business and the 2020 acquisition of Pope Resources, a Delaware Limited Partnership.

Written from the business description in RAYONIER INC's annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.