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Side-by-side financial comparison of Janus International Group, Inc. (JBI) and RAYONIER ADVANCED MATERIALS INC. (RYAM). Click either name above to swap in a different company.

RAYONIER ADVANCED MATERIALS INC. is the larger business by last-quarter revenue ($417.5M vs $219.3M, roughly 1.9× Janus International Group, Inc.). Janus International Group, Inc. runs the higher net margin — 6.9% vs -5.0%, a 12.0% gap on every dollar of revenue. On growth, RAYONIER ADVANCED MATERIALS INC. posted the faster year-over-year revenue change (-1.2% vs -4.7%). Over the past eight quarters, RAYONIER ADVANCED MATERIALS INC.'s revenue compounded faster (3.8% CAGR vs -8.8%).

Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.

Rayonier Advanced Materials recently rebranded as RYAM. RYAM is an American company recognized globally for its cellulose-based technologies. Specializing in high-purity cellulose specialties, RYAM produces natural polymers extensively used in manufacturing filters, food, pharmaceuticals, and various industrial applications. Additionally, the company produces products for the paper and packaging industries. The company is publicly traded on the New York Stock Exchange under the ticker symbol ...

JBI vs RYAM — Head-to-Head

Bigger by revenue
RYAM
RYAM
1.9× larger
RYAM
$417.5M
$219.3M
JBI
Growing faster (revenue YoY)
RYAM
RYAM
+3.5% gap
RYAM
-1.2%
-4.7%
JBI
Higher net margin
JBI
JBI
12.0% more per $
JBI
6.9%
-5.0%
RYAM
Faster 2-yr revenue CAGR
RYAM
RYAM
Annualised
RYAM
3.8%
-8.8%
JBI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
JBI
JBI
RYAM
RYAM
Revenue
$219.3M
$417.5M
Net Profit
$15.2M
$-21.1M
Gross Margin
39.1%
8.9%
Operating Margin
13.4%
2.6%
Net Margin
6.9%
-5.0%
Revenue YoY
-4.7%
-1.2%
Net Profit YoY
28.8%
-31.9%
EPS (diluted)
$0.11
$-0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
JBI
JBI
RYAM
RYAM
Q4 25
$417.5M
Q3 25
$219.3M
$352.8M
Q2 25
$228.1M
$340.0M
Q1 25
$210.5M
$356.0M
Q4 24
$230.8M
$422.5M
Q3 24
$230.1M
$401.1M
Q2 24
$248.4M
$419.0M
Q1 24
$254.5M
$387.7M
Net Profit
JBI
JBI
RYAM
RYAM
Q4 25
$-21.1M
Q3 25
$15.2M
$-4.5M
Q2 25
$20.7M
$-363.2M
Q1 25
$10.8M
$-32.0M
Q4 24
$300.0K
$-16.0M
Q3 24
$11.8M
$-32.6M
Q2 24
$27.6M
$11.4M
Q1 24
$30.7M
$-1.6M
Gross Margin
JBI
JBI
RYAM
RYAM
Q4 25
8.9%
Q3 25
39.1%
9.7%
Q2 25
40.9%
7.0%
Q1 25
38.9%
6.8%
Q4 24
37.8%
8.7%
Q3 24
39.6%
10.9%
Q2 24
43.9%
11.5%
Q1 24
43.4%
9.5%
Operating Margin
JBI
JBI
RYAM
RYAM
Q4 25
2.6%
Q3 25
13.4%
2.8%
Q2 25
15.8%
-0.4%
Q1 25
12.0%
-4.2%
Q4 24
5.5%
2.6%
Q3 24
11.6%
-4.2%
Q2 24
20.8%
6.7%
Q1 24
21.8%
4.4%
Net Margin
JBI
JBI
RYAM
RYAM
Q4 25
-5.0%
Q3 25
6.9%
-1.3%
Q2 25
9.1%
-106.8%
Q1 25
5.1%
-9.0%
Q4 24
0.1%
-3.8%
Q3 24
5.1%
-8.1%
Q2 24
11.1%
2.7%
Q1 24
12.1%
-0.4%
EPS (diluted)
JBI
JBI
RYAM
RYAM
Q4 25
$-0.33
Q3 25
$0.11
$-0.07
Q2 25
$0.15
$-5.44
Q1 25
$0.08
$-0.49
Q4 24
$0.01
$-0.25
Q3 24
$0.08
$-0.49
Q2 24
$0.19
$0.17
Q1 24
$0.21
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JBI
JBI
RYAM
RYAM
Cash + ST InvestmentsLiquidity on hand
$75.4M
Total DebtLower is stronger
$758.1M
Stockholders' EquityBook value
$560.8M
$316.6M
Total Assets
$1.3B
$1.8B
Debt / EquityLower = less leverage
2.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBI
JBI
RYAM
RYAM
Q4 25
$75.4M
Q3 25
$77.0M
Q2 25
$70.7M
Q1 25
$129.9M
Q4 24
$125.2M
Q3 24
$102.1M
$136.1M
Q2 24
$110.1M
$114.1M
Q1 24
$54.6M
Total Debt
JBI
JBI
RYAM
RYAM
Q4 25
$758.1M
Q3 25
$763.5M
Q2 25
$720.4M
Q1 25
$707.0M
Q4 24
$706.4M
Q3 24
$747.7M
Q2 24
$752.8M
Q1 24
$755.6M
Stockholders' Equity
JBI
JBI
RYAM
RYAM
Q4 25
$316.6M
Q3 25
$560.8M
$338.2M
Q2 25
$543.8M
$342.3M
Q1 25
$526.8M
$688.1M
Q4 24
$518.8M
$713.9M
Q3 24
$526.6M
$732.7M
Q2 24
$556.3M
$755.1M
Q1 24
$535.4M
$741.8M
Total Assets
JBI
JBI
RYAM
RYAM
Q4 25
$1.8B
Q3 25
$1.3B
$1.8B
Q2 25
$1.3B
$1.8B
Q1 25
$1.3B
$2.1B
Q4 24
$1.3B
$2.1B
Q3 24
$1.3B
$2.2B
Q2 24
$1.3B
$2.2B
Q1 24
$1.4B
$2.1B
Debt / Equity
JBI
JBI
RYAM
RYAM
Q4 25
2.39×
Q3 25
2.26×
Q2 25
2.10×
Q1 25
1.03×
Q4 24
0.99×
Q3 24
1.02×
Q2 24
1.00×
Q1 24
1.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JBI
JBI
RYAM
RYAM
Operating Cash FlowLast quarter
$15.0M
$32.3M
Free Cash FlowOCF − Capex
$8.3M
FCF MarginFCF / Revenue
3.8%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$140.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBI
JBI
RYAM
RYAM
Q4 25
$32.3M
Q3 25
$15.0M
$-17.8M
Q2 25
$51.4M
$-30.2M
Q1 25
$48.3M
$39.6M
Q4 24
$51.4M
$54.9M
Q3 24
$43.0M
$49.8M
Q2 24
$31.0M
$87.6M
Q1 24
$28.6M
$11.3M
Free Cash Flow
JBI
JBI
RYAM
RYAM
Q4 25
Q3 25
$8.3M
Q2 25
$44.6M
Q1 25
$41.9M
Q4 24
$45.3M
Q3 24
$39.3M
Q2 24
$25.3M
Q1 24
$24.0M
FCF Margin
JBI
JBI
RYAM
RYAM
Q4 25
Q3 25
3.8%
Q2 25
19.6%
Q1 25
19.9%
Q4 24
19.6%
Q3 24
17.1%
Q2 24
10.2%
Q1 24
9.4%
Capex Intensity
JBI
JBI
RYAM
RYAM
Q4 25
Q3 25
3.1%
Q2 25
3.0%
Q1 25
3.0%
Q4 24
2.6%
Q3 24
1.6%
Q2 24
2.3%
Q1 24
1.8%
Cash Conversion
JBI
JBI
RYAM
RYAM
Q4 25
Q3 25
0.99×
Q2 25
2.48×
Q1 25
4.47×
Q4 24
171.33×
Q3 24
3.64×
Q2 24
1.12×
7.69×
Q1 24
0.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

JBI
JBI

Self Storage New Construction$72.3M33%
Commercial And Others$65.5M30%
Self Storage R3$54.0M25%
Transferred At Point In Time$15.5M7%
Transferred Over Time$12.8M6%

RYAM
RYAM

Cellulose Specialties$249.6M60%
Other$86.2M21%
Paperboard$44.2M11%
High Yield Pulp$28.3M7%
Biomaterials$9.2M2%

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