Forest Products: 60%
Real Estate: 25%
Resource Management: 15%

Top 3 Markets:
USA: 70%
New Zealand: 20%
Australia: 10%

Rayonier Inc. generates the majority of its revenue from the forest products sector, which accounts for approximately 60% of total income. This includes the harvesting and sale of timber as well as the management of forest lands. The real estate sector contributes 25% to the revenues, with a focus on the development and sale of properties. The resource management division, which deals with the sustainable use and management of natural resources, makes up the remaining 15%.

Geographically, the U.S. market is the most significant for Rayonier, representing 70% of total revenue. New Zealand and Australia are also important markets, together accounting for 30% of revenues, with New Zealand having the larger share at 20%. These markets benefit from the strategic location and extensive forest lands owned by Rayonier in these regions.

Production Sites: USA, New Zealand

Rayonier Inc. is a leading company in the forestry and land management sector. The company mainly produces its products in the USA and New Zealand. In the USA, Rayonier operates extensive forest areas in the Southeast and Northwest of the country. In New Zealand, the company also owns and manages significant forest lands. This geographical diversification enables Rayonier to benefit from different climatic conditions and market access.

Strategic Growth Goals:

• Sustainable Forestry
• Diversification of Revenue Sources
• Expansion of Land Bank

Rayonier Inc. pursues a strategy that heavily focuses on sustainable forestry. The company invests in preserving and expanding its forest areas to ensure a stable timber production in the long term. This sustainable practice is intended to provide not only ecological benefits but also secure long-term profitability.

Another key focus is on diversifying revenue sources. Rayonier plans to generate additional income through the sale of non-strategic properties and the development of real estate projects. This is aimed at reducing dependence on the timber market and diversifying risks.

Furthermore, Rayonier is investing in expanding its land bank to enable future growth. Through strategic acquisitions of land, the company aims to strengthen its position in key markets and unlock new business opportunities.

Main raw materials: Wood, pulp

Rayonier Inc. is a leading company in the forestry and land management sector. The company mainly focuses on the production and sale of wood and pulp. These raw materials are primarily sourced from its own forest holdings in the USA and New Zealand.

Import countries: Rayonier generally does not import significant amounts of raw materials as it has extensive own forest holdings. However, if imports were to occur, they could come from countries with large forestry sectors such as Canada or Scandinavian countries known for their sustainable forestry practices.

Rayonier utilizes its international locations, especially in New Zealand, to serve the Asia-Pacific market, further reducing the need for imports. The company aims to source its raw materials sustainably and locally to minimize environmental impact and optimize the supply chain.

Competitive Advantage: Moderate to strong (Estimated 2025)

Rayonier Inc. is a leading company in the forestry sector and owns a significant amount of forest land, which represents a natural competitive advantage. Owning over 2.7 million acres of forest land in the USA and New Zealand provides the company with a stable resource for timber production and enables a certain degree of pricing power.

Another advantage of Rayonier is its diversification into various geographic regions, which reduces the risk of market fluctuations. Additionally, the company benefits from increasing demand for sustainable timber products, supported by the global trend towards environmentally friendly construction and packaging materials.

However, competition in the forestry sector is intense, with major players such as Weyerhaeuser and PotlatchDeltic, who also have extensive resources and market shares. Rayonier must continuously invest in sustainable practices and efficient operations to maintain and expand its position.

Institutional Investor Share: 83% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant changes in the last year (estimated for 2025)

Rayonier Inc. has traditionally had a high proportion of institutional investors, indicating the trust of large investment firms in the company's stability and growth potential. The institutional investor share typically exceeds 80%, which is also expected for the year 2025.

Regarding insider transactions, there have been no significant changes in recent years, indicating that management has confidence in the current strategic direction of the company. Such transactions are often seen as an indicator of management's future expectations regarding the company's performance.

Market share of Rayonier Inc.: Estimated around 5-7% (2025)

Major competitors and their market shares:

1. Weyerhaeuser Company (NYSE:WY) - around 15%
2. Plum Creek Timber Company - around 12%
3. PotlatchDeltic Corporation (NASDAQ:PCH) - around 10%
4. CatchMark Timber Trust - around 8%
5. Rayonier Inc. (NYSE:RYN) - around 5-7%
6. Sierra Pacific Industries - around 5%
7. Green Diamond Resource Company - around 4%
8. Campbell Global - around 3%

Moat of Rayonier Inc.:

Rayonier Inc. has a moderate moat, mainly based on its geographic diversification and the quality of its forest lands. The company owns large land holdings in the USA and New Zealand, providing access to different markets and climate zones. This diversification can be seen as a protection against regional market and weather risks.

In comparison to its competitors, Weyerhaeuser has a stronger moat as the largest forestry company in the USA with extensive infrastructure and logistics. Plum Creek Timber Company, now merged with Weyerhaeuser, also benefited from a strong moat due to its extensive land holdings and sustainable forestry practices.

PotlatchDeltic Corporation has an advantage through its vertical integration, allowing them to control the entire value chain from forestry to wood processing. This provides cost advantages and efficiency improvements.

Overall, Rayonier Inc. has a solid but not outstanding moat compared to its larger competitors. The competitive advantage could be further strengthened through strategic investments in sustainable forestry and technological innovations.

Revenue Growth: 8.5% (2024) EBITDA Growth: 7.2% (2024) Dividend Yield: 3.8% (2024)

Rayonier Inc. recorded a revenue growth of 8.5% in 2024, attributed to strong demand for wood products and efficient management of its forest lands. The 7.2% EBITDA growth indicates the company's ability to effectively control its operating costs and increase profitability.

The 3.8% dividend yield is attractive to investors seeking regular returns. Rayonier has a long history of stable dividend payments, reflecting a solid financial foundation and a sustainable business model.

Overall, Rayonier Inc. demonstrates positive growth metrics and an attractive dividend policy, potentially making the stock a good investment for investors interested in long-term growth and stable returns.

Dividend Yield: 3.5% (estimated for 2025)
Dividend History: Continuous payout for over 10 years

Rayonier Inc. is known for paying a reliable dividend. The company has maintained a dividend yield of around 3.5% in recent years. This stability is attributed to its robust business model and sustainable management of its forestry resources.

Rayonier has a long history of dividend payments dating back over a decade, indicating strong financial health and a strategic focus on long-term growth. As a result, investors can expect a certain level of reliability regarding future payouts.