Rayonier (RYN) Operating Leases (2019 - 2025)
Rayonier's Operating Leases was $13.67 million in Q4 2025, down 15.9% from $16.26 million a year earlier and down 12.3% from the prior quarter.
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Analysis
Rayonier (RYN) Operating Leases (2019 - 2025) Analysis & Trends
From Q1 2019 onward, Rayonier has reported Operating Leases for 28 quarters.
- Operating Leases has now declined for five consecutive years, with a five-year compound annual growth rate of -32.9% (FY2020 to FY2025).
- In earlier years, Operating Leases was $16.26 million in FY2024 (-81.5%), $87.68 million in FY2023 (-1.2%), $88.76 million in FY2022 (-5.0%) and $93.42 million in FY2021 (-6.8%).
- The Q4 2025 figure marks the lowest quarterly Operating Leases in data going back to Q1 2019.
- Compared with a year earlier, Operating Leases has declined for five straight quarters, with an average decline of 43.9% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q1 2021 (growth of 16.2%); the worst was Q3 2025 (a decline of 82.1%).
- Per Business Quant data, RYN's Operating Leases in the three quarters before Q4 2025 was $15.59 million (Q3 2025), $15.45 million (Q2 2025) and $15.32 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rayonier | 5.62 Bn | 2.80 Bn | 75.67 Mn |
| 2 | Farmland Partners | 468.14 Mn | 471.24 Mn | 8.52 Mn |
| 3 | Gladstone Land | 404.19 Mn | 404.19 Mn | 12.44 Mn |
| 4 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn |
| 5 | Alico | 290.35 Mn | 109.00 Mn | 4.05 Mn |
| 6 | Ckx Lands | 21.97 Mn | 21.97 Mn | 165,707.00 |
| 7 | Power REIT | 2.53 Mn | 2.53 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 13.67 Mn |
| Sep 30, 2025 | 15.59 Mn |
| Jun 30, 2025 | 15.45 Mn |
| Mar 31, 2025 | 15.32 Mn |
| Dec 31, 2024 | 16.26 Mn |
| Sep 30, 2024 | 86.98 Mn |
| Jun 30, 2024 | 84.14 Mn |
| Mar 31, 2024 | 82.93 Mn |
| Dec 31, 2023 | 87.68 Mn |
| Sep 30, 2023 | 85.11 Mn |
| Jun 30, 2023 | 86.48 Mn |
| Mar 31, 2023 | 89.91 Mn |
| Dec 31, 2022 | 88.76 Mn |
| Sep 30, 2022 | 87.64 Mn |
| Jun 30, 2022 | 93.75 Mn |
| Mar 31, 2022 | 95.54 Mn |
| Dec 31, 2021 | 93.42 Mn |
| Sep 30, 2021 | 99.28 Mn |
| Jun 30, 2021 | 100.86 Mn |
| Mar 31, 2021 | 96.87 Mn |
API Access
Rayonier Operating Leases 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-leases&ticker=RYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=RYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();