Rayonier (RYN) Operating Expenses (2009 - 2026)
Rayonier's Operating Expenses was $361.86 million in Q2 2026, up 293.4% from $91.99 million a year earlier and up 12.2% from the prior quarter.
Powered by 
Analysis
Rayonier (RYN) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rayonier's Operating Expenses was $910.6 million through Jun 30, 2026, up 52.1% year-over-year; for FY2025, it came in at $401.15 million, down 35.7% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of -12.6% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $623.82 million in FY2024 (+3.3%), $603.68 million in FY2023 (-18.8%), $743.25 million in FY2022 (-11.5%) and $839.82 million in FY2021 (+7.0%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses in data going back to Q2 2009.
- Compared with a year earlier, Operating Expenses was higher in four of the last eight quarters, with growth averaging 97.0%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2024 (growth of 296.8%); the worst was Q4 2025 (a decline of 71.6%).
- Per Business Quant data, RYN's Operating Expenses in the three quarters before Q2 2026 was $322.44 million (Q1 2026), $90.47 million (Q4 2025) and $135.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.62 Bn | 2.80 Bn | 75.67 Mn | 361.86 Mn |
| 2 | Farmland Partners | 468.14 Mn | 471.24 Mn | 8.52 Mn | 6.75 Mn |
| 3 | Gladstone Land | 404.19 Mn | 404.19 Mn | 12.44 Mn | 17.00 Mn |
| 4 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 104.06 Mn |
| 5 | Alico | 290.35 Mn | 109.00 Mn | 4.05 Mn | 4.99 Mn |
| 6 | Ckx Lands | 21.97 Mn | 21.97 Mn | 165,707.00 | 145,263.00 |
| 7 | Power REIT | 2.53 Mn | 2.53 Mn | - | 742,165.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 361.86 Mn |
| Mar 31, 2026 | 322.44 Mn |
| Dec 31, 2025 | 90.47 Mn |
| Sep 30, 2025 | 135.82 Mn |
| Jun 30, 2025 | 91.99 Mn |
| Mar 31, 2025 | 82.86 Mn |
| Dec 31, 2024 | 318.39 Mn |
| Sep 30, 2024 | 105.27 Mn |
| Jun 30, 2024 | 95.09 Mn |
| Mar 31, 2024 | 105.07 Mn |
| Dec 31, 2023 | 80.23 Mn |
| Sep 30, 2023 | 166.22 Mn |
| Jun 30, 2023 | 188.76 Mn |
| Mar 31, 2023 | 168.46 Mn |
| Dec 31, 2022 | 201.27 Mn |
| Sep 30, 2022 | 154.38 Mn |
| Jun 30, 2022 | 210.88 Mn |
| Mar 31, 2022 | 176.72 Mn |
| Dec 31, 2021 | 228.46 Mn |
| Sep 30, 2021 | 241.41 Mn |
API Access
Rayonier Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=RYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "RYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=RYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();