Rayonier (RYN) Operating Margin (2009 - 2026)
Rayonier (RYN) recorded Operating Margin of 8.73% in Q2 2026, down 4.92 percentage points from 13.65% a year earlier but up 25.22 percentage points from the prior quarter.
Rayonier (RYN) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Rayonier's Operating Margin came in at 5.96% as of Jun 30, 2026, down 31.96 percentage points year-over-year; for FY2025, it was 17.20%, down 19.65 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +8.54 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 36.86% in FY2024 (+13.43 pp), 23.43% in FY2023 (+5.19 pp), 18.24% in FY2022 (-6.07 pp) and 24.31% in FY2021 (+15.65 pp).
- Quarterly Operating Margin has ranged from -16.49% in Q1 2026 to 59.65% in Q4 2023 over the past five years.
- On a year-over-year basis, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -6.33 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 41.67 percentage points in Q4 2023, against a drop of 28.06 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -16.49% (Q1 2026), 23.00% (Q4 2025) and 23.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.62 Bn | 2.80 Bn | 75.67 Mn | 8.73% |
| 2 | Farmland Partners | 468.14 Mn | 471.24 Mn | 8.52 Mn | 18.87% |
| 3 | Gladstone Land | 404.19 Mn | 404.19 Mn | 12.44 Mn | -35.98% |
| 4 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 34.49% |
| 5 | Alico | 290.35 Mn | 109.00 Mn | 4.05 Mn | 20.86% |
| 6 | Ckx Lands | 21.97 Mn | 21.97 Mn | 165,707.00 | 13.70% |
| 7 | Power REIT | 2.53 Mn | 2.53 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.73% |
| Mar 31, 2026 | -16.49% |
| Dec 31, 2025 | 23.00% |
| Sep 30, 2025 | 23.49% |
| Jun 30, 2025 | 13.65% |
| Mar 31, 2025 | 0.07% |
| Dec 31, 2024 | 51.05% |
| Sep 30, 2024 | 15.17% |
| Jun 30, 2024 | 4.56% |
| Mar 31, 2024 | 7.59% |
| Dec 31, 2023 | 59.65% |
| Sep 30, 2023 | 17.54% |
| Jun 30, 2023 | 9.62% |
| Mar 31, 2023 | 5.93% |
| Dec 31, 2022 | 17.98% |
| Sep 30, 2022 | 20.95% |
| Jun 30, 2022 | 14.40% |
| Mar 31, 2022 | 20.41% |
| Dec 31, 2021 | 12.80% |
| Sep 30, 2021 | 33.81% |
Rayonier Operating Margin 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-margin&ticker=RYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=RYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();