Rayonier annual operating margin
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Rayonier's operating margin was 17.25% for fiscal 2025.
View full Rayonier company overview| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.25% | −19.66 pp |
| 2024 | 2024-12-31 | 36.91% | +13.44 pp |
| 2023 | 2023-12-31 | 23.47% | +5.20 pp |
| 2022 | 2022-12-31 | 18.27% | −6.07 pp |
| 2021 | 2021-12-31 | 24.34% | +15.67 pp |
| 2020 | 2020-12-31 | 8.66% | −6.38 pp |
| 2019 | 2019-12-31 | 15.04% | −5.80 pp |
| 2018 | 2018-12-31 | 20.84% | −5.45 pp |
| 2017 | 2017-12-31 | 26.29% | −5.10 pp |
| 2016 | 2016-12-31 | 31.39% | +17.71 pp |
| 2015 | 2015-12-31 | 13.68% | −2.61 pp |
| 2014 | 2014-12-31 | 16.29% | −0.18 pp |
| 2013 | 2013-12-31 | 16.47% | +8.00 pp |
| 2012 | 2012-12-31 | 8.47% | −16.68 pp |
| 2011 | 2011-12-31 | 25.14% | +3.71 pp |
| 2010 | 2010-12-31 | 21.44% | −13.61 pp |
| 2009 | 2009-12-31 | 35.04% | +17.23 pp |
| 2008 | 2008-12-31 | 17.81% | — |
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | −16.51% | −16.58 pp |
| Q4 2025 | 2025-12-31 | 23.06% | −28.02 pp |
| Q3 2025 | 2025-09-30 | 23.56% | +8.33 pp |
| Q2 2025 | 2025-06-30 | 13.70% | +9.12 pp |
| Q1 2025 | 2025-03-31 | 0.07% | −7.54 pp |
| Q4 2024 | 2024-12-31 | 51.08% | −8.68 pp |
| Q3 2024 | 2024-09-30 | 15.23% | −2.35 pp |
| Q2 2024 | 2024-06-30 | 4.58% | −5.06 pp |
| Q1 2024 | 2024-03-31 | 7.61% | +1.67 pp |
| Q4 2023 | 2023-12-31 | 59.76% | +41.76 pp |
| Q3 2023 | 2023-09-30 | 17.58% | −3.41 pp |
| Q2 2023 | 2023-06-30 | 9.64% | −4.78 pp |
| Q1 2023 | 2023-03-31 | 5.94% | −14.49 pp |
| Q4 2022 | 2022-12-31 | 18.01% | +5.19 pp |
| Q3 2022 | 2022-09-30 | 20.99% | −12.85 pp |
| Q2 2022 | 2022-06-30 | 14.42% | −14.59 pp |
| Q1 2022 | 2022-03-31 | 20.43% | +5.54 pp |
| Q4 2021 | 2021-12-31 | 12.81% | +1.92 pp |
| Q3 2021 | 2021-09-30 | 33.84% | +32.95 pp |
| Q2 2021 | 2021-06-30 | 29.00% | +23.03 pp |
| Q1 2021 | 2021-03-31 | 14.90% | +0.02 pp |
| Q4 2020 | 2020-12-31 | 10.90% | −3.72 pp |
| Q3 2020 | 2020-09-30 | 0.90% | −6.13 pp |
| Q2 2020 | 2020-06-30 | 5.98% | −11.01 pp |
| Q1 2020 | 2020-03-31 | 14.88% | −5.23 pp |
| Q4 2019 | 2019-12-31 | 14.61% | +5.60 pp |
| Q3 2019 | 2019-09-30 | 7.02% | −16.06 pp |
| Q2 2019 | 2019-06-30 | 16.99% | −4.01 pp |
| Q1 2019 | 2019-03-31 | 20.11% | −7.98 pp |
| Q4 2018 | 2018-12-31 | 9.01% | −24.28 pp |
| Q3 2018 | 2018-09-30 | 23.09% | +1.76 pp |
| Q2 2018 | 2018-06-30 | 21.00% | −2.36 pp |
| Q1 2018 | 2018-03-31 | 28.09% | +2.72 pp |
| Q4 2017 | 2017-12-31 | 33.29% | +8.39 pp |
| Q3 2017 | 2017-09-30 | 21.32% | −7.66 pp |
| Q2 2017 | 2017-06-30 | 23.36% | −23.12 pp |
| Q1 2017 | 2017-03-31 | 25.37% | +8.31 pp |
| Q4 2016 | 2016-12-31 | 24.90% | +15.13 pp |
| Q3 2016 | 2016-09-30 | 28.99% | +10.67 pp |
| Q2 2016 | 2016-06-30 | 46.48% | +40.85 pp |
| Q1 2016 | 2016-03-31 | 17.05% | −2.72 pp |
| Q4 2015 | 2015-12-31 | 9.77% | +0.13 pp |
| Q3 2015 | 2015-09-30 | 18.32% | −3.09 pp |
| Q2 2015 | 2015-06-30 | 5.63% | −17.40 pp |
| Q1 2015 | 2015-03-31 | 19.78% | +9.70 pp |
| Q4 2014 | 2014-12-31 | 9.64% | −2.90 pp |
| Q3 2014 | 2014-09-30 | 21.41% | +0.52 pp |
| Q2 2014 | 2014-06-30 | 23.03% | −6.27 pp |
| Q1 2014 | 2014-03-31 | 10.07% | −18.73 pp |
| Q3 2013 | 2013-09-30 | 12.54% | −14.49 pp |
| Q2 2013 | 2013-06-30 | 20.89% | −3.70 pp |
| Q1 2013 | 2013-03-31 | 29.30% | +3.63 pp |
| Q3 2012 | 2012-09-30 | 28.81% | +0.68 pp |
| Q2 2012 | 2012-06-30 | 27.03% | +4.91 pp |
| Q1 2012 | 2012-03-31 | 24.59% | +0.10 pp |
| Q4 2011 | 2011-12-31 | 25.67% | +7.70 pp |
| Q3 2011 | 2011-09-30 | 28.13% | +3.73 pp |
| Q2 2011 | 2011-06-30 | 22.12% | +4.08 pp |
| Q1 2011 | 2011-03-31 | 24.48% | −0.30 pp |
| Q4 2010 | 2010-12-31 | 17.97% | −19.00 pp |
| Q3 2010 | 2010-09-30 | 24.39% | −23.77 pp |
| Q2 2010 | 2010-06-30 | 18.05% | — |
| Q1 2010 | 2010-03-31 | 24.78% | — |
| Q3 2009 | 2009-09-30 | 36.97% | — |
| Q2 2009 | 2009-06-30 | 48.17% | — |
Over the last five reported fiscal years, Rayonier's operating margin increased from 8.66% to 17.25%, a change of +8.59 percentage points. The latest reported quarter, Q1 2026, shows −16.51%.
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rayonier filings at SEC.gov ↗