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Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) and RAYONIER INC (RYN). Click either name above to swap in a different company.
RAYONIER INC is the larger business by last-quarter revenue ($276.8M vs $62.8M, roughly 4.4× NACCO INDUSTRIES INC). NACCO INDUSTRIES INC runs the higher net margin — 14.1% vs -4.5%, a 18.6% gap on every dollar of revenue. On growth, RAYONIER INC posted the faster year-over-year revenue change (233.9% vs -4.3%). Over the past eight quarters, RAYONIER INC's revenue compounded faster (66.7% CAGR vs 9.5%).
NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...
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.
NC vs RYN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $62.8M | $276.8M |
| Net Profit | $8.8M | $-12.4M |
| Gross Margin | 22.8% | 100.0% |
| Operating Margin | 17.5% | — |
| Net Margin | 14.1% | -4.5% |
| Revenue YoY | -4.3% | 233.9% |
| Net Profit YoY | 80.0% | -264.7% |
| EPS (diluted) | $1.17 | — |
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.
| Q1 26 | $62.8M | $276.8M | ||
| Q4 25 | $66.8M | $117.5M | ||
| Q3 25 | $76.6M | $177.5M | ||
| Q2 25 | $68.2M | $106.5M | ||
| Q1 25 | $65.6M | $82.9M | ||
| Q4 24 | $70.4M | $650.5M | ||
| Q3 24 | $61.7M | $124.1M | ||
| Q2 24 | $52.3M | $99.6M |
| Q1 26 | $8.8M | $-12.4M | ||
| Q4 25 | $-3.8M | $25.9M | ||
| Q3 25 | $13.3M | $43.2M | ||
| Q2 25 | $3.3M | $408.7M | ||
| Q1 25 | $4.9M | $-3.4M | ||
| Q4 24 | $7.6M | $327.1M | ||
| Q3 24 | $15.6M | $28.8M | ||
| Q2 24 | $6.0M | $1.9M |
| Q1 26 | 22.8% | 100.0% | ||
| Q4 25 | 18.0% | 41.9% | ||
| Q3 25 | 13.0% | 32.9% | ||
| Q2 25 | 10.0% | 29.7% | ||
| Q1 25 | 14.7% | 21.7% | ||
| Q4 24 | 12.0% | 53.8% | ||
| Q3 24 | 11.7% | 30.4% | ||
| Q2 24 | 13.4% | 25.4% |
| Q1 26 | 17.5% | — | ||
| Q4 25 | 11.3% | 23.0% | ||
| Q3 25 | 8.8% | 23.5% | ||
| Q2 25 | -0.1% | 13.7% | ||
| Q1 25 | 11.7% | 0.1% | ||
| Q4 24 | 5.5% | 47.7% | ||
| Q3 24 | 31.9% | 15.2% | ||
| Q2 24 | 14.1% | 4.6% |
| Q1 26 | 14.1% | -4.5% | ||
| Q4 25 | -5.8% | 22.1% | ||
| Q3 25 | 17.3% | 24.3% | ||
| Q2 25 | 4.8% | 383.6% | ||
| Q1 25 | 7.5% | -4.1% | ||
| Q4 24 | 10.7% | 45.1% | ||
| Q3 24 | 25.4% | 23.2% | ||
| Q2 24 | 11.4% | 1.9% |
| Q1 26 | $1.17 | — | ||
| Q4 25 | $-0.53 | $0.14 | ||
| Q3 25 | $1.78 | $0.28 | ||
| Q2 25 | $0.44 | $2.63 | ||
| Q1 25 | $0.66 | $-0.02 | ||
| Q4 24 | $0.99 | $2.18 | ||
| Q3 24 | $2.14 | $0.19 | ||
| Q2 24 | $0.81 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $681.7M |
| Total DebtLower is stronger | — | $2.1B |
| Stockholders' EquityBook value | — | $5.3B |
| Total Assets | — | $7.7B |
| Debt / EquityLower = less leverage | — | 0.39× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $681.7M | ||
| Q4 25 | $49.7M | $842.9M | ||
| Q3 25 | $52.7M | $919.6M | ||
| Q2 25 | $49.4M | $892.3M | ||
| Q1 25 | $61.9M | $216.2M | ||
| Q4 24 | $72.8M | $303.1M | ||
| Q3 24 | $63.1M | $51.9M | ||
| Q2 24 | $62.4M | $120.2M |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $100.8M | $845.3M | ||
| Q3 25 | — | $845.1M | ||
| Q2 25 | — | $844.9M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $99.4M | $1.0B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $29.0M | $1.4B |
| Q1 26 | — | $5.3B | ||
| Q4 25 | $429.2M | $2.2B | ||
| Q3 25 | $426.4M | $2.3B | ||
| Q2 25 | $413.1M | $2.3B | ||
| Q1 25 | $409.1M | $1.9B | ||
| Q4 24 | $404.9M | $1.8B | ||
| Q3 24 | $397.3M | $1.8B | ||
| Q2 24 | $384.1M | $1.8B |
| Q1 26 | — | $7.7B | ||
| Q4 25 | $661.2M | $3.4B | ||
| Q3 25 | $637.6M | $3.5B | ||
| Q2 25 | $631.3M | $3.5B | ||
| Q1 25 | $634.2M | $3.4B | ||
| Q4 24 | $631.7M | $3.5B | ||
| Q3 24 | $597.4M | $3.5B | ||
| Q2 24 | $560.1M | $3.5B |
| Q1 26 | — | 0.39× | ||
| Q4 25 | 0.23× | 0.38× | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | 0.25× | 0.59× | ||
| Q3 24 | — | 0.72× | ||
| Q2 24 | 0.08× | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NC
Segment breakdown not available.
RYN
| Wood Products | $108.5M | 39% |
| Southern Timber | $88.7M | 32% |
| Real Estate | $59.8M | 22% |
| Northwest Timber | $32.1M | 12% |
