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

SHOE CARNIVAL INC is the larger business by last-quarter revenue ($297.2M vs $276.8M, roughly 1.1× RAYONIER INC). SHOE CARNIVAL INC runs the higher net margin — 4.9% vs -4.5%, a 9.4% gap on every dollar of revenue. On growth, RAYONIER INC posted the faster year-over-year revenue change (233.9% vs -3.2%). Over the past eight quarters, RAYONIER INC's revenue compounded faster (66.7% CAGR vs 3.0%).

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.

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

RYN vs SCVL — Head-to-Head

Bigger by revenue
SCVL
SCVL
1.1× larger
SCVL
$297.2M
$276.8M
RYN
Growing faster (revenue YoY)
RYN
RYN
+237.1% gap
RYN
233.9%
-3.2%
SCVL
Higher net margin
SCVL
SCVL
9.4% more per $
SCVL
4.9%
-4.5%
RYN
Faster 2-yr revenue CAGR
RYN
RYN
Annualised
RYN
66.7%
3.0%
SCVL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
RYN
RYN
SCVL
SCVL
Revenue
$276.8M
$297.2M
Net Profit
$-12.4M
$14.6M
Gross Margin
100.0%
37.6%
Operating Margin
6.3%
Net Margin
-4.5%
4.9%
Revenue YoY
233.9%
-3.2%
Net Profit YoY
-264.7%
-23.9%
EPS (diluted)
$0.53

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
RYN
RYN
SCVL
SCVL
Q1 26
$276.8M
Q4 25
$117.5M
$297.2M
Q3 25
$177.5M
$306.4M
Q2 25
$106.5M
$277.7M
Q1 25
$82.9M
$262.9M
Q4 24
$650.5M
$306.9M
Q3 24
$124.1M
$332.7M
Q2 24
$99.6M
$300.4M
Net Profit
RYN
RYN
SCVL
SCVL
Q1 26
$-12.4M
Q4 25
$25.9M
$14.6M
Q3 25
$43.2M
$19.2M
Q2 25
$408.7M
$9.3M
Q1 25
$-3.4M
$14.7M
Q4 24
$327.1M
$19.2M
Q3 24
$28.8M
$22.6M
Q2 24
$1.9M
$17.3M
Gross Margin
RYN
RYN
SCVL
SCVL
Q1 26
100.0%
Q4 25
41.9%
37.6%
Q3 25
32.9%
38.8%
Q2 25
29.7%
34.5%
Q1 25
21.7%
34.9%
Q4 24
53.8%
36.0%
Q3 24
30.4%
36.1%
Q2 24
25.4%
35.6%
Operating Margin
RYN
RYN
SCVL
SCVL
Q1 26
Q4 25
23.0%
6.3%
Q3 25
23.5%
8.2%
Q2 25
13.7%
4.3%
Q1 25
0.1%
5.3%
Q4 24
47.7%
8.0%
Q3 24
15.2%
9.0%
Q2 24
4.6%
7.5%
Net Margin
RYN
RYN
SCVL
SCVL
Q1 26
-4.5%
Q4 25
22.1%
4.9%
Q3 25
24.3%
6.3%
Q2 25
383.6%
3.4%
Q1 25
-4.1%
5.6%
Q4 24
45.1%
6.3%
Q3 24
23.2%
6.8%
Q2 24
1.9%
5.8%
EPS (diluted)
RYN
RYN
SCVL
SCVL
Q1 26
Q4 25
$0.14
$0.53
Q3 25
$0.28
$0.70
Q2 25
$2.63
$0.34
Q1 25
$-0.02
$0.53
Q4 24
$2.18
$0.70
Q3 24
$0.19
$0.82
Q2 24
$0.01
$0.63

Balance Sheet & Financial Strength

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

Metric
RYN
RYN
SCVL
SCVL
Cash + ST InvestmentsLiquidity on hand
$681.7M
$107.7M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$5.3B
$683.2M
Total Assets
$7.7B
$1.2B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RYN
RYN
SCVL
SCVL
Q1 26
$681.7M
Q4 25
$842.9M
$107.7M
Q3 25
$919.6M
$91.9M
Q2 25
$892.3M
$93.0M
Q1 25
$216.2M
$123.1M
Q4 24
$303.1M
$91.1M
Q3 24
$51.9M
$84.5M
Q2 24
$120.2M
$69.5M
Total Debt
RYN
RYN
SCVL
SCVL
Q1 26
$2.1B
Q4 25
$845.3M
Q3 25
$845.1M
Q2 25
$844.9M
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.3B
Q2 24
$1.4B
Stockholders' Equity
RYN
RYN
SCVL
SCVL
Q1 26
$5.3B
Q4 25
$2.2B
$683.2M
Q3 25
$2.3B
$670.7M
Q2 25
$2.3B
$653.6M
Q1 25
$1.9B
$649.0M
Q4 24
$1.8B
$635.7M
Q3 24
$1.8B
$618.5M
Q2 24
$1.8B
$597.8M
Total Assets
RYN
RYN
SCVL
SCVL
Q1 26
$7.7B
Q4 25
$3.4B
$1.2B
Q3 25
$3.5B
$1.2B
Q2 25
$3.5B
$1.1B
Q1 25
$3.4B
$1.1B
Q4 24
$3.5B
$1.1B
Q3 24
$3.5B
$1.1B
Q2 24
$3.5B
$1.1B
Debt / Equity
RYN
RYN
SCVL
SCVL
Q1 26
0.39×
Q4 25
0.38×
Q3 25
0.37×
Q2 25
0.37×
Q1 25
0.55×
Q4 24
0.59×
Q3 24
0.72×
Q2 24
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
RYN
RYN
SCVL
SCVL
Operating Cash FlowLast quarter
$33.6M
Free Cash FlowOCF − Capex
$19.7M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
7.4%
4.7%
Cash ConversionOCF / Net Profit
2.30×
TTM Free Cash FlowTrailing 4 quarters
$35.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RYN
RYN
SCVL
SCVL
Q1 26
Q4 25
$256.7M
$33.6M
Q3 25
$116.2M
$13.3M
Q2 25
$61.0M
$-9.6M
Q1 25
$27.7M
$44.5M
Q4 24
$261.6M
$17.3M
Q3 24
$66.2M
$23.7M
Q2 24
$55.3M
$17.1M
Free Cash Flow
RYN
RYN
SCVL
SCVL
Q1 26
Q4 25
$19.7M
Q3 25
$99.9M
$2.2M
Q2 25
$-23.0M
Q1 25
$36.2M
Q4 24
$8.3M
Q3 24
$42.2M
$18.2M
Q2 24
$6.9M
FCF Margin
RYN
RYN
SCVL
SCVL
Q1 26
Q4 25
6.6%
Q3 25
56.3%
0.7%
Q2 25
-8.3%
Q1 25
13.8%
Q4 24
2.7%
Q3 24
34.0%
5.5%
Q2 24
2.3%
Capex Intensity
RYN
RYN
SCVL
SCVL
Q1 26
7.4%
Q4 25
4.7%
Q3 25
9.2%
3.6%
Q2 25
4.8%
Q1 25
3.2%
Q4 24
3.0%
Q3 24
19.3%
1.7%
Q2 24
3.4%
Cash Conversion
RYN
RYN
SCVL
SCVL
Q1 26
Q4 25
9.91×
2.30×
Q3 25
2.69×
0.69×
Q2 25
0.15×
-1.03×
Q1 25
3.04×
Q4 24
0.80×
0.90×
Q3 24
2.30×
1.05×
Q2 24
29.07×
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RYN
RYN

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

SCVL
SCVL

Segment breakdown not available.

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