RAYONIER INC 8K

Rayonier Inc. reported Q4 and full-year 2025 results, completed its merger of equals with PotlatchDeltic on January 30, 2026, and issued initial 2026 guidance for the combined land resources REIT following significant portfolio realignment and capital returns.

On February 11, 2026, Rayonier Inc. reported its fourth quarter and full-year 2025 financial results and disclosed that it successfully completed its previously announced merger of equals with PotlatchDeltic on January 30, 2026, creating a combined leading land resources REIT. The company posted fourth quarter 2025 net income attributable to Rayonier of $25.9 million ($0.16 per share) on revenues of $117.5 million, including $6.3 million of merger-related costs, and pro forma net income of $32.1 million ($0.20 per share) with Adjusted EBITDA of $61.7 million. For full-year 2025, Rayonier reported net income attributable to the company of $474.4 million ($3.03 per share) on revenues of $484.5 million, driven in part by a $404.4 million gain on the sale of its New Zealand joint venture, with pro forma net income of $89.2 million ($0.57 per share) and Adjusted EBITDA of $248.0 million, reflecting an 8% increase over 2024. Management highlighted completion of an asset disposition and capital structure realignment plan, return of over $235 million to shareholders via special dividends and share repurchases since November 2023, reduction of net debt to 0.8x 2025 Adjusted EBITDA, and provided initial 2026 segment guidance for the combined company, including increased Southern and Northwest timber harvest volumes, expected modest improvement in pricing, positive contribution from a new Wood Products segment, and strong anticipated Real Estate Adjusted EBITDA.

Filing Facts

CIK

52827

Ticker

-

Form

8K

Source Type

sec

Accession

0000052827-26-000026

Alert Tier

8