Loading…
Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Europe, Japan, rest of Asia, Canada, Latin America, and internationally. It operates through Cellulose Specialties, Biomaterials, Cellulose Commodities, Paperboard, and High-Yield Pulp. The company's products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, cigarette filters, high-tenacity rayon tire cords and industrial hoses, food casings, paints, lacquers, munitions, and explosives; and biomaterials, including biofuels, lignosulfonates, prebiotics, tall oil soap, and HCE and turpentine. It also offers commodity products, such as commodity viscose used in woven applications, including rayon textiles for clothing and other fabrics, as well as in non-woven applications comprising baby wipes, cosmetic and personal wipes, industrial wipes, and mattress ticking; and absorbent materials consisting of fluff that are used as an absorbent medium in disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and non-woven fabrics. In addition, the company provides paperboards for packaging, printing documents, brochures, promotional materials, paperback books and catalog covers, file folders, freezer, tags, and lottery tickets; and high-yield pulps to produce hardwood aspen, maple, and birch species for paperboard, packaging, printing and writing papers, and various other paper products. Rayonier Advanced Materials Inc. was founded in 1926 and is headquartered in Jacksonville, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.5B | $137M | $-422M | $-92M | -128.8% | -10.1% | - |
| 2024 | $1.6B | $174M | $-39M | $96M | -5.4% | -0.8% | - |
| 2023 | $1.6B | $81M | $-102M | $9M | -13.6% | -4.3% | - |
| 2022 | $1.7B | $177M | $-15M | $-69M | -1.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,717.27 | 1,643.33 | 1,630.31 | 1,466.40 |
| Cost Of Revenue | 1,594.18 | 1,555.18 | 1,464.73 | 1,347.61 |
| Gross Profit | 123.08 | 88.15 | 165.58 | 118.78 |
| Operating Expense | 95.19 | 85.45 | 91.82 | 107.54 |
| Operating Income | 27.89 | 2.70 | 73.76 | 11.25 |
| EBITDA | 176.94 | 81.32 | 173.69 | 136.87 |
| EBIT | 42.36 | -58.66 | 36.52 | 2.91 |
| Pretax Income | -23.82 | -132.47 | -49.20 | -95.05 |
| Tax Provision | 0.90 | -32.31 | -8.93 | 323.26 |
| Net Income | -14.92 | -101.83 | -39 | -422.50 |
| Net Income Common Stockholders | -14.92 | -101.83 | -39 | -422.50 |
| Total Expenses | 1,689.38 | 1,640.63 | 1,556.55 | 1,455.15 |
| Interest Expense | 66.18 | 73.81 | 85.72 | 97.95 |
| Interest Income | 5.42 | 0 | 0 | 0 |
| Selling General And Administration | 91.47 | 75.71 | 92.26 | 83.94 |
| Normalized EBITDA | 170.10 | 149.13 | 220.04 | 143.77 |
| Normalized Income | -32.77 | -50.88 | -4.25 | -419.71 |
| Basic EPS | -0.23 | -1.57 | -0.59 | -6.33 |
| Diluted EPS | -0.23 | -1.57 | -0.59 | -6.33 |
| Tax Effect Of Unusual Items | 1.43 | -16.55 | -8.39 | -1.45 |
| Tax Rate For Calcs | 0.21 | 0.24 | 0.18 | 0.21 |
| Total Unusual Items | 6.83 | -67.81 | -46.35 | -6.90 |
| Total Unusual Items Excluding Goodwill | 6.83 | -67.81 | -46.35 | -6.90 |
| Net Income From Continuing Operation Net Minority Interest | -27.38 | -102.15 | -42.21 | -425.17 |
| Reconciled Depreciation | 134.58 | 139.98 | 137.17 | 133.96 |
| Reconciled Cost Of Revenue | 1,594.18 | 1,555.18 | 1,464.73 | 1,347.61 |
| Net Interest Income | -66.18 | -73.81 | -85.72 | -97.95 |
| Net Income From Continuing And Discontinued Operation | -14.92 | -101.83 | -39 | -422.50 |
| Total Operating Income As Reported | 26.14 | -65.26 | 39.48 | 4.10 |
| Diluted Average Shares | 63.91 | 65.11 | 65.75 | 66.78 |
| Basic Average Shares | 63.91 | 65.11 | 65.75 | 66.78 |
| Diluted NI Availto Com Stockholders | -14.92 | -101.83 | -39 | -422.50 |
| Otherunder Preferred Stock Dividend | 0 | 0 | 0 | 0 |
| Minority Interests | 0 | 0 | -0.29 | -1.99 |
| Net Income Including Noncontrolling Interests | -14.92 | -101.83 | -38.71 | -420.51 |
| Net Income Discontinuous Operations | 12.46 | 0.31 | 3.22 | 2.67 |
| Net Income Continuous Operations | -27.38 | -102.15 | -41.92 | -423.18 |
| Earnings From Equity Interest Net Of Tax | -2.65 | -1.98 | -1.65 | -4.87 |
| Other Income Expense | 14.47 | -61.37 | -37.24 | -8.34 |
| Other Non Operating Income Expenses | 10.38 | 6.24 | 7.23 | -1.08 |
| Special Income Charges | -3.09 | -64.81 | -53.78 | -2.27 |
| Gain On Sale Of Ppe | -3.74 | -2.87 | -2.77 | -0.89 |
| Other Special Charges | -0.65 | -0.36 | 10.20 | 0.11 |
| Write Off | 0 | 62.30 | 25.17 | 0 |
| Impairment Of Capital Assets | 0 | 62.30 | 25.17 | 0 |
| Restructuring And Mergern Acquisition | 0 | 0 | 15.65 | 1.27 |
| Earnings From Equity Interest | -2.74 | 0.20 | 1.88 | -0.35 |
| Gain On Sale Of Security | 9.92 | -3 | 7.43 | -4.63 |
| Net Non Operating Interest Income Expense | -66.18 | -73.81 | -85.72 | -97.95 |
| Interest Expense Non Operating | 66.18 | 73.81 | 85.72 | 97.95 |
| Interest Income Non Operating | 5.42 | 0 | 0 | 0 |
| Other Operating Expenses | 3.72 | 9.74 | -0.43 | 23.60 |
| General And Administrative Expense | 86.52 | 75.71 | 0 | 0 |
| Other Gand A | 91.47 | 75.71 | 0 | 0 |
| Salaries And Wages | -4.96 | -0.10 | 0 | 0 |
| Operating Revenue | 1,717.27 | 1,643.33 | 1,630.31 | 1,466.40 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Rayonier Advanced Materials Inc.this co. | RYAM | $633M | - | 1.99 | -128.8% | 9.78 |
| Koppers Holdings Inc. | KOP | $798M | 13.91 | 1.36 | 9.8% | 7.98 |
| Dakota Gold Corp. | DC | $708M | - | 5.38 | -26.3% | -22.19 |
| Contango Silver & Gold Inc. | CTGO | $668M | - | 12.73 | -143.8% | -17.00 |
| AdvanSix Inc. | ASIX | $657M |
| 13.58 |
| 0.81 |
| 6.0% |
| 7.29 |
| Idaho Strategic Resources, Inc. | IDR | $630M | 34.96 | 5.79 | 15.1% | 32.20 |
| ASP Isotopes Inc. | ASPI | $622M | - | 2.70 | -66.6% | -10.06 |
| SunCoke Energy, Inc. | SXC | $568M | - | 0.95 | -7.1% | 5.67 |
| Intrepid Potash, Inc. | IPI | $517M | 45.31 | 1.03 | 2.3% | 6.92 |
| Peer Median | - | 24.44 | 2.03 | -2.4% | 6.30 | |