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Side-by-side financial comparison of MONRO, INC. (MNRO) and RAYONIER INC (RYN). Click either name above to swap in a different company.

MONRO, INC. is the larger business by last-quarter revenue ($293.4M vs $276.8M, roughly 1.1× RAYONIER INC). MONRO, INC. runs the higher net margin — 3.8% vs -4.5%, a 8.3% gap on every dollar of revenue. On growth, RAYONIER INC posted the faster year-over-year revenue change (233.9% vs -4.0%). Over the past eight quarters, RAYONIER INC's revenue compounded faster (66.7% CAGR vs -2.7%).

Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.

Rayonier Inc., headquartered in Wildlight, Florida is a timberland real estate investment trust ("REIT") with assets located in softwood timber growing regions in the United States and New Zealand. Its core business segments are timber and real estate.

MNRO vs RYN — Head-to-Head

Bigger by revenue
MNRO
MNRO
1.1× larger
MNRO
$293.4M
$276.8M
RYN
Growing faster (revenue YoY)
RYN
RYN
+237.9% gap
RYN
233.9%
-4.0%
MNRO
Higher net margin
MNRO
MNRO
8.3% more per $
MNRO
3.8%
-4.5%
RYN
Faster 2-yr revenue CAGR
RYN
RYN
Annualised
RYN
66.7%
-2.7%
MNRO

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
MNRO
MNRO
RYN
RYN
Revenue
$293.4M
$276.8M
Net Profit
$11.1M
$-12.4M
Gross Margin
34.9%
100.0%
Operating Margin
6.3%
Net Margin
3.8%
-4.5%
Revenue YoY
-4.0%
233.9%
Net Profit YoY
143.1%
-264.7%
EPS (diluted)
$0.35

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
MNRO
MNRO
RYN
RYN
Q1 26
$276.8M
Q4 25
$293.4M
$117.5M
Q3 25
$288.9M
$177.5M
Q2 25
$301.0M
$106.5M
Q1 25
$295.0M
$82.9M
Q4 24
$305.8M
$650.5M
Q3 24
$301.4M
$124.1M
Q2 24
$293.2M
$99.6M
Net Profit
MNRO
MNRO
RYN
RYN
Q1 26
$-12.4M
Q4 25
$11.1M
$25.9M
Q3 25
$5.7M
$43.2M
Q2 25
$-8.1M
$408.7M
Q1 25
$-21.3M
$-3.4M
Q4 24
$4.6M
$327.1M
Q3 24
$5.6M
$28.8M
Q2 24
$5.9M
$1.9M
Gross Margin
MNRO
MNRO
RYN
RYN
Q1 26
100.0%
Q4 25
34.9%
41.9%
Q3 25
35.7%
32.9%
Q2 25
35.5%
29.7%
Q1 25
33.0%
21.7%
Q4 24
34.3%
53.8%
Q3 24
35.3%
30.4%
Q2 24
37.2%
25.4%
Operating Margin
MNRO
MNRO
RYN
RYN
Q1 26
Q4 25
6.3%
23.0%
Q3 25
4.4%
23.5%
Q2 25
-2.0%
13.7%
Q1 25
-8.1%
0.1%
Q4 24
3.3%
47.7%
Q3 24
4.4%
15.2%
Q2 24
4.5%
4.6%
Net Margin
MNRO
MNRO
RYN
RYN
Q1 26
-4.5%
Q4 25
3.8%
22.1%
Q3 25
2.0%
24.3%
Q2 25
-2.7%
383.6%
Q1 25
-7.2%
-4.1%
Q4 24
1.5%
45.1%
Q3 24
1.9%
23.2%
Q2 24
2.0%
1.9%
EPS (diluted)
MNRO
MNRO
RYN
RYN
Q1 26
Q4 25
$0.35
$0.14
Q3 25
$0.18
$0.28
Q2 25
$-0.28
$2.63
Q1 25
$-0.74
$-0.02
Q4 24
$0.15
$2.18
Q3 24
$0.18
$0.19
Q2 24
$0.19
$0.01

Balance Sheet & Financial Strength

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

Metric
MNRO
MNRO
RYN
RYN
Cash + ST InvestmentsLiquidity on hand
$4.9M
$681.7M
Total DebtLower is stronger
$45.0M
$2.1B
Stockholders' EquityBook value
$604.9M
$5.3B
Total Assets
$1.6B
$7.7B
Debt / EquityLower = less leverage
0.07×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNRO
MNRO
RYN
RYN
Q1 26
$681.7M
Q4 25
$4.9M
$842.9M
Q3 25
$10.5M
$919.6M
Q2 25
$7.8M
$892.3M
Q1 25
$20.8M
$216.2M
Q4 24
$10.2M
$303.1M
Q3 24
$20.9M
$51.9M
Q2 24
$18.7M
$120.2M
Total Debt
MNRO
MNRO
RYN
RYN
Q1 26
$2.1B
Q4 25
$45.0M
$845.3M
Q3 25
$60.0M
$845.1M
Q2 25
$71.5M
$844.9M
Q1 25
$61.3M
$1.0B
Q4 24
$59.3M
$1.0B
Q3 24
$62.0M
$1.3B
Q2 24
$112.0M
$1.4B
Stockholders' Equity
MNRO
MNRO
RYN
RYN
Q1 26
$5.3B
Q4 25
$604.9M
$2.2B
Q3 25
$601.7M
$2.3B
Q2 25
$604.9M
$2.3B
Q1 25
$620.8M
$1.9B
Q4 24
$648.9M
$1.8B
Q3 24
$651.9M
$1.8B
Q2 24
$654.4M
$1.8B
Total Assets
MNRO
MNRO
RYN
RYN
Q1 26
$7.7B
Q4 25
$1.6B
$3.4B
Q3 25
$1.6B
$3.5B
Q2 25
$1.6B
$3.5B
Q1 25
$1.6B
$3.4B
Q4 24
$1.7B
$3.5B
Q3 24
$1.7B
$3.5B
Q2 24
$1.7B
$3.5B
Debt / Equity
MNRO
MNRO
RYN
RYN
Q1 26
0.39×
Q4 25
0.07×
0.38×
Q3 25
0.10×
0.37×
Q2 25
0.12×
0.37×
Q1 25
0.10×
0.55×
Q4 24
0.09×
0.59×
Q3 24
0.10×
0.72×
Q2 24
0.17×
0.75×

Cash Flow & Capital Efficiency

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

Metric
MNRO
MNRO
RYN
RYN
Operating Cash FlowLast quarter
$17.8M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
3.0%
7.4%
Cash ConversionOCF / Net Profit
1.60×
TTM Free Cash FlowTrailing 4 quarters
$49.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNRO
MNRO
RYN
RYN
Q1 26
Q4 25
$17.8M
$256.7M
Q3 25
$32.3M
$116.2M
Q2 25
$-1.9M
$61.0M
Q1 25
$28.9M
$27.7M
Q4 24
$14.8M
$261.6M
Q3 24
$62.6M
$66.2M
Q2 24
$25.6M
$55.3M
Free Cash Flow
MNRO
MNRO
RYN
RYN
Q1 26
Q4 25
$9.1M
Q3 25
$26.6M
$99.9M
Q2 25
$-9.3M
Q1 25
$23.2M
Q4 24
$7.9M
Q3 24
$57.6M
$42.2M
Q2 24
$16.8M
FCF Margin
MNRO
MNRO
RYN
RYN
Q1 26
Q4 25
3.1%
Q3 25
9.2%
56.3%
Q2 25
-3.1%
Q1 25
7.9%
Q4 24
2.6%
Q3 24
19.1%
34.0%
Q2 24
5.7%
Capex Intensity
MNRO
MNRO
RYN
RYN
Q1 26
7.4%
Q4 25
3.0%
Q3 25
2.0%
9.2%
Q2 25
2.5%
Q1 25
1.9%
Q4 24
2.2%
Q3 24
1.6%
19.3%
Q2 24
3.0%
Cash Conversion
MNRO
MNRO
RYN
RYN
Q1 26
Q4 25
1.60×
9.91×
Q3 25
5.71×
2.69×
Q2 25
0.15×
Q1 25
Q4 24
3.23×
0.80×
Q3 24
11.08×
2.30×
Q2 24
4.37×
29.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MNRO
MNRO

Tires$150.2M51%
Maintenance$73.5M25%
Brakes$35.1M12%
Steering$24.9M8%
Batteries$6.2M2%
Exhaust$3.2M1%

RYN
RYN

Wood Products$108.5M39%
Southern Timber$88.7M32%
Real Estate$59.8M22%
Northwest Timber$32.1M12%

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