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Side-by-side financial comparison of Orion Group Holdings Inc (ORN) 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 $216.3M, roughly 1.3× Orion Group Holdings Inc). Orion Group Holdings Inc runs the higher net margin — 2.2% vs -4.5%, a 6.7% gap on every dollar of revenue. On growth, RAYONIER INC posted the faster year-over-year revenue change (233.9% vs 14.6%). Over the past eight quarters, RAYONIER INC's revenue compounded faster (66.7% CAGR vs 6.1%).

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

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.

ORN vs RYN — Head-to-Head

Bigger by revenue
RYN
RYN
1.3× larger
RYN
$276.8M
$216.3M
ORN
Growing faster (revenue YoY)
RYN
RYN
+219.3% gap
RYN
233.9%
14.6%
ORN
Higher net margin
ORN
ORN
6.7% more per $
ORN
2.2%
-4.5%
RYN
Faster 2-yr revenue CAGR
RYN
RYN
Annualised
RYN
66.7%
6.1%
ORN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ORN
ORN
RYN
RYN
Revenue
$216.3M
$276.8M
Net Profit
$4.7M
$-12.4M
Gross Margin
12.0%
100.0%
Operating Margin
Net Margin
2.2%
-4.5%
Revenue YoY
14.6%
233.9%
Net Profit YoY
435.7%
-264.7%
EPS (diluted)
$0.12

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
ORN
ORN
RYN
RYN
Q1 26
$216.3M
$276.8M
Q4 25
$233.2M
$117.5M
Q3 25
$225.1M
$177.5M
Q2 25
$205.3M
$106.5M
Q1 25
$188.7M
$82.9M
Q4 24
$216.9M
$650.5M
Q3 24
$226.7M
$124.1M
Q2 24
$192.2M
$99.6M
Net Profit
ORN
ORN
RYN
RYN
Q1 26
$4.7M
$-12.4M
Q4 25
$-240.0K
$25.9M
Q3 25
$3.3M
$43.2M
Q2 25
$841.0K
$408.7M
Q1 25
$-1.4M
$-3.4M
Q4 24
$6.8M
$327.1M
Q3 24
$4.3M
$28.8M
Q2 24
$-6.6M
$1.9M
Gross Margin
ORN
ORN
RYN
RYN
Q1 26
12.0%
100.0%
Q4 25
11.6%
41.9%
Q3 25
13.2%
32.9%
Q2 25
12.6%
29.7%
Q1 25
12.2%
21.7%
Q4 24
14.0%
53.8%
Q3 24
11.9%
30.4%
Q2 24
9.5%
25.4%
Operating Margin
ORN
ORN
RYN
RYN
Q1 26
Q4 25
2.2%
23.0%
Q3 25
2.4%
23.5%
Q2 25
1.7%
13.7%
Q1 25
0.4%
0.1%
Q4 24
4.4%
47.7%
Q3 24
3.4%
15.2%
Q2 24
-1.4%
4.6%
Net Margin
ORN
ORN
RYN
RYN
Q1 26
2.2%
-4.5%
Q4 25
-0.1%
22.1%
Q3 25
1.5%
24.3%
Q2 25
0.4%
383.6%
Q1 25
-0.7%
-4.1%
Q4 24
3.1%
45.1%
Q3 24
1.9%
23.2%
Q2 24
-3.4%
1.9%
EPS (diluted)
ORN
ORN
RYN
RYN
Q1 26
$0.12
Q4 25
$-0.00
$0.14
Q3 25
$0.08
$0.28
Q2 25
$0.02
$2.63
Q1 25
$-0.04
$-0.02
Q4 24
$0.22
$2.18
Q3 24
$0.12
$0.19
Q2 24
$-0.20
$0.01

Balance Sheet & Financial Strength

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

Metric
ORN
ORN
RYN
RYN
Cash + ST InvestmentsLiquidity on hand
$6.3M
$681.7M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$166.7M
$5.3B
Total Assets
$478.7M
$7.7B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORN
ORN
RYN
RYN
Q1 26
$6.3M
$681.7M
Q4 25
$1.6M
$842.9M
Q3 25
$4.9M
$919.6M
Q2 25
$1.7M
$892.3M
Q1 25
$13.0M
$216.2M
Q4 24
$28.3M
$303.1M
Q3 24
$28.3M
$51.9M
Q2 24
$4.8M
$120.2M
Total Debt
ORN
ORN
RYN
RYN
Q1 26
$2.1B
Q4 25
$845.3M
Q3 25
$845.1M
Q2 25
$33.4M
$844.9M
Q1 25
$23.3M
$1.0B
Q4 24
$23.2M
$1.0B
Q3 24
$28.0M
$1.3B
Q2 24
$60.3M
$1.4B
Stockholders' Equity
ORN
ORN
RYN
RYN
Q1 26
$166.7M
$5.3B
Q4 25
$159.0M
$2.2B
Q3 25
$157.9M
$2.3B
Q2 25
$153.2M
$2.3B
Q1 25
$150.8M
$1.9B
Q4 24
$150.7M
$1.8B
Q3 24
$142.4M
$1.8B
Q2 24
$111.1M
$1.8B
Total Assets
ORN
ORN
RYN
RYN
Q1 26
$478.7M
$7.7B
Q4 25
$414.7M
$3.4B
Q3 25
$422.4M
$3.5B
Q2 25
$432.7M
$3.5B
Q1 25
$416.3M
$3.4B
Q4 24
$417.3M
$3.5B
Q3 24
$430.3M
$3.5B
Q2 24
$414.0M
$3.5B
Debt / Equity
ORN
ORN
RYN
RYN
Q1 26
0.39×
Q4 25
0.38×
Q3 25
0.37×
Q2 25
0.22×
0.37×
Q1 25
0.15×
0.55×
Q4 24
0.15×
0.59×
Q3 24
0.20×
0.72×
Q2 24
0.54×
0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORN
ORN

Segment breakdown not available.

RYN
RYN

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

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