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RAYONIER INC（RYN）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
RAYONIER INC的季度营收约是null的1.2倍（$117.5M vs $100.0M），RAYONIER INC净利率更高（22.1% vs -7.0%，领先29.1%），null同比增速更快（14.5% vs -81.9%），过去两年RAYONIER INC的营收复合增速更高（1.7% vs -4.9%）
Rayonier Inc.是总部位于佛罗里达州怀尔德莱特的林地房地产投资信托（REIT），资产分布在美国和新西兰的软木种植区域，核心业务板块为木材业务与房地产业务。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
RYN vs SWIM — 直观对比
营收规模更大
RYN
是对方的1.2倍
$100.0M
营收增速更快
SWIM
高出96.5%
-81.9%
净利率更高
RYN
高出29.1%
-7.0%
两年增速更快
RYN
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $117.5M | $100.0M |
| 净利润 | $25.9M | $-7.0M |
| 毛利率 | 41.9% | 28.0% |
| 营业利润率 | 23.0% | -10.7% |
| 净利率 | 22.1% | -7.0% |
| 营收同比 | -81.9% | 14.5% |
| 净利润同比 | -92.1% | 76.0% |
| 每股收益（稀释后） | $0.14 | $-0.06 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收RYNSWIM
| Q4 25 | $117.5M | $100.0M | ||
| Q3 25 | $177.5M | $161.9M | ||
| Q2 25 | $106.5M | $172.6M | ||
| Q1 25 | $82.9M | $111.4M | ||
| Q4 24 | $650.5M | $87.3M | ||
| Q3 24 | $124.1M | $150.5M | ||
| Q2 24 | $99.6M | $160.1M | ||
| Q1 24 | $113.7M | $110.6M |
净利润RYNSWIM
| Q4 25 | $25.9M | $-7.0M | ||
| Q3 25 | $43.2M | $8.1M | ||
| Q2 25 | $408.7M | $16.0M | ||
| Q1 25 | $-3.4M | $-6.0M | ||
| Q4 24 | $327.1M | $-29.2M | ||
| Q3 24 | $28.8M | $5.9M | ||
| Q2 24 | $1.9M | $13.3M | ||
| Q1 24 | $1.4M | $-7.9M |
毛利率RYNSWIM
| Q4 25 | 41.9% | 28.0% | ||
| Q3 25 | 32.9% | 35.4% | ||
| Q2 25 | 29.7% | 37.1% | ||
| Q1 25 | 21.7% | 29.5% | ||
| Q4 24 | 53.8% | 24.6% | ||
| Q3 24 | 30.4% | 32.4% | ||
| Q2 24 | 25.4% | 33.1% | ||
| Q1 24 | 24.3% | 27.7% |
营业利润率RYNSWIM
| Q4 25 | 23.0% | -10.7% | ||
| Q3 25 | 23.5% | 13.3% | ||
| Q2 25 | 13.7% | 14.3% | ||
| Q1 25 | 0.1% | -4.4% | ||
| Q4 24 | 47.7% | -14.9% | ||
| Q3 24 | 15.2% | 8.9% | ||
| Q2 24 | 4.6% | 12.5% | ||
| Q1 24 | 7.6% | -1.9% |
净利率RYNSWIM
| Q4 25 | 22.1% | -7.0% | ||
| Q3 25 | 24.3% | 5.0% | ||
| Q2 25 | 383.6% | 9.3% | ||
| Q1 25 | -4.1% | -5.4% | ||
| Q4 24 | 45.1% | -33.4% | ||
| Q3 24 | 23.2% | 3.9% | ||
| Q2 24 | 1.9% | 8.3% | ||
| Q1 24 | 1.2% | -7.1% |
每股收益（稀释后）RYNSWIM
| Q4 25 | $0.14 | $-0.06 | ||
| Q3 25 | $0.28 | $0.07 | ||
| Q2 25 | $2.63 | $0.13 | ||
| Q1 25 | $-0.02 | $-0.05 | ||
| Q4 24 | $2.18 | $-0.24 | ||
| Q3 24 | $0.19 | $0.05 | ||
| Q2 24 | $0.01 | $0.11 | ||
| Q1 24 | $0.01 | $-0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $842.9M | — |
| 总债务越低越好 | $845.3M | $279.8M |
| 股东权益账面价值 | $2.2B | $405.9M |
| 总资产 | $3.4B | $823.2M |
| 负债/权益比越低杠杆越低 | 0.38× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资RYNSWIM
| Q4 25 | $842.9M | — | ||
| Q3 25 | $919.6M | — | ||
| Q2 25 | $892.3M | — | ||
| Q1 25 | $216.2M | — | ||
| Q4 24 | $303.1M | — | ||
| Q3 24 | $51.9M | — | ||
| Q2 24 | $120.2M | — | ||
| Q1 24 | $142.1M | — |
总债务RYNSWIM
| Q4 25 | $845.3M | $279.8M | ||
| Q3 25 | $845.1M | $281.1M | ||
| Q2 25 | $844.9M | $281.5M | ||
| Q1 25 | $1.0B | $306.9M | ||
| Q4 24 | $1.0B | $281.5M | ||
| Q3 24 | $1.3B | $282.8M | ||
| Q2 24 | $1.4B | $282.4M | ||
| Q1 24 | $1.4B | $282.8M |
股东权益RYNSWIM
| Q4 25 | $2.2B | $405.9M | ||
| Q3 25 | $2.3B | $408.4M | ||
| Q2 25 | $2.3B | $398.4M | ||
| Q1 25 | $1.9B | $381.1M | ||
| Q4 24 | $1.8B | $387.2M | ||
| Q3 24 | $1.8B | $416.6M | ||
| Q2 24 | $1.8B | $408.1M | ||
| Q1 24 | $1.8B | $391.8M |
总资产RYNSWIM
| Q4 25 | $3.4B | $823.2M | ||
| Q3 25 | $3.5B | $844.4M | ||
| Q2 25 | $3.5B | $822.1M | ||
| Q1 25 | $3.4B | $824.6M | ||
| Q4 24 | $3.5B | $794.2M | ||
| Q3 24 | $3.5B | $853.4M | ||
| Q2 24 | $3.5B | $830.0M | ||
| Q1 24 | $3.6B | $808.6M |
负债/权益比RYNSWIM
| Q4 25 | 0.38× | 0.69× | ||
| Q3 25 | 0.37× | 0.69× | ||
| Q2 25 | 0.37× | 0.71× | ||
| Q1 25 | 0.55× | 0.81× | ||
| Q4 24 | 0.59× | 0.73× | ||
| Q3 24 | 0.72× | 0.68× | ||
| Q2 24 | 0.75× | 0.69× | ||
| Q1 24 | 0.74× | 0.72× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $256.7M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $14.1M |
| 自由现金流率自由现金流/营收 | — | 14.1% |
| 资本支出强度资本支出/营收 | — | 9.2% |
| 现金转化率经营现金流/净利润 | 9.91× | — |
| 过去12个月自由现金流最近4个季度 | — | $38.0M |
8季度趋势，按日历期对齐
经营现金流RYNSWIM
| Q4 25 | $256.7M | $23.3M | ||
| Q3 25 | $116.2M | $51.0M | ||
| Q2 25 | $61.0M | $36.0M | ||
| Q1 25 | $27.7M | $-46.9M | ||
| Q4 24 | $261.6M | $6.2M | ||
| Q3 24 | $66.2M | $37.2M | ||
| Q2 24 | $55.3M | $52.4M | ||
| Q1 24 | $52.3M | $-34.5M |
自由现金流RYNSWIM
| Q4 25 | — | $14.1M | ||
| Q3 25 | $99.9M | $45.2M | ||
| Q2 25 | — | $29.1M | ||
| Q1 25 | — | $-50.3M | ||
| Q4 24 | — | $-98.0K | ||
| Q3 24 | $42.2M | $33.2M | ||
| Q2 24 | — | $47.9M | ||
| Q1 24 | — | $-39.9M |
自由现金流率RYNSWIM
| Q4 25 | — | 14.1% | ||
| Q3 25 | 56.3% | 27.9% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | — | -45.2% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | 34.0% | 22.1% | ||
| Q2 24 | — | 29.9% | ||
| Q1 24 | — | -36.0% |
资本支出强度RYNSWIM
| Q4 25 | — | 9.2% | ||
| Q3 25 | 9.2% | 3.6% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | 19.3% | 2.7% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 4.8% |
现金转化率RYNSWIM
| Q4 25 | 9.91× | — | ||
| Q3 25 | 2.69× | 6.29× | ||
| Q2 25 | 0.15× | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.80× | — | ||
| Q3 24 | 2.30× | 6.32× | ||
| Q2 24 | 29.07× | 3.95× | ||
| Q1 24 | 38.54× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
RYN
| Real Estate Segment | $42.3M | 36% |
| Pacific Northwest Timber Segment | $19.8M | 17% |
| Stumpage Pay As Cut | $19.3M | 16% |
| Improved Development | $14.8M | 13% |
| Nontimber | $13.2M | 11% |
| License Revenue Primarily From Hunting | $5.3M | 4% |
| Land Based Solutions | $2.9M | 2% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
