Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. Today the firm owns or controls more than 10 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around product distribution, climate solutions, real estate, energy and natural resources, among others. In 2025, the company generated $6.9 billion in net sales and employed approximately 9,500 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Weyerhaeuser Company was incorporated in 1900 in Washington, USA.
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 | $6.9B | $1.0B | $324M | $-381M | 3.4% | -3.1% | -18.2% |
| 2024 | $7.1B | $1.2B | $396M | $341M | 4.1% | -7.2% | -52.8% |
| 2023 | $7.7B | $1.7B | $839M | $753M | 8.2% | -24.6% | -55.4% |
| 2022 | $10.2B | $3.1B | $1.9B | $2.4B | 17.5% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 10,184 | 7,674 | 7,124 | 6,905 |
| Operating Revenue | - | 10,184 | 7,674 | 7,124 | 6,905 |
| Cost Of Revenue | - | 6,564 | 5,992 | 5,811 | 5,880 |
| Gross Profit | - | 3,620 | 1,682 | 1,313 | 1,025 |
| Operating Expense | - | 521 | 554 | 589 | 578 |
| Research And Development | - | 6 | 7 | 7 | 5 |
| Selling General And Administration | - | 491 | 518 | 568 | 545 |
| Total Expenses | - | 7,085 | 6,546 | 6,400 | 6,458 |
| Operating Income | - | 3,099 | 1,128 | 724 | 447 |
| Total Operating Income As Reported | - | 3,080 | 1,186 | 685 | 731 |
| EBITDA | - | 3,055 | 1,717 | 1,198 | 1,042 |
| Normalized EBITDA | - | 3,350 | 1,659 | 1,237 | 758 |
| EBIT | - | 2,575 | 1,217 | 696 | 533 |
| Interest Income | - | 25 | 76 | 53 | 22 |
| Interest Expense | - | 270 | 280 | 269 | 273 |
| Net Interest Income | - | -245 | -204 | -216 | -251 |
| Other Non Operating Income Expenses | - | -254 | -45 | -42 | -220 |
| Other Income Expense | - | -549 | 13 | -81 | 64 |
| Interest Income Non Operating | - | 25 | 76 | 53 | 22 |
| Interest Expense Non Operating | - | 270 | 280 | 269 | 273 |
| Net Non Operating Interest Income Expense | - | -245 | -204 | -216 | -251 |
| Pretax Income | - | 2,305 | 937 | 427 | 260 |
| Tax Provision | - | 425 | 98 | 31 | -64 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -54.28 | 6.09 | -2.89 | 59.64 |
| Net Income Continuous Operations | - | 1,880 | 839 | 396 | 324 |
| Net Income From Continuing And Discontinued Operation | - | 1,880 | 839 | 396 | 324 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,880 | 839 | 396 | 324 |
| Net Income | - | 1,880 | 839 | 396 | 324 |
| Net Income Common Stockholders | - | 1,880 | 839 | 396 | 324 |
| Net Income Including Noncontrolling Interests | - | 1,880 | 839 | 396 | 324 |
| Normalized Income | - | 2,120.72 | 787.09 | 432.11 | 99.64 |
| Diluted NI Availto Com Stockholders | - | 1,880 | 839 | 396 | 324 |
| Basic Average Shares | - | 741.90 | 731.65 | 728.40 | 723.16 |
| Diluted Average Shares | - | 742.95 | 732.22 | 728.96 | 723.57 |
| Reconciled Depreciation | - | 480 | 500 | 502 | 509 |
| Reconciled Cost Of Revenue | - | 6,564 | 5,992 | 5,811 | 5,880 |
| Total Unusual Items | - | -295 | 58 | -39 | 284 |
| Total Unusual Items Excluding Goodwill | - | -295 | 58 | -39 | 284 |
| Special Income Charges | - | -305 | 58 | -39 | 284 |
| Gain On Sale Of Business | - | - | - | - | 29 |
| Other Special Charges | - | 294 | 26 | 29 | 11 |
| Restructuring And Mergern Acquisition | - | 11 | 0 | 10 | 0 |
| Gain On Sale Of Security | 5 | 10 | 1 | 1 | - |
| General And Administrative Expense | - | 398 | 431 | 480 | 453 |
| Other Gand A | - | 398 | 431 | 480 | 453 |
| Gain On Sale Of Ppe | - | 0 | 84 | 0 | 266 |
| Other Operating Expenses | - | 24 | 29 | 14 | 28 |
| Selling And Marketing Expense | - | 93 | 87 | 88 | 92 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Weyerhaeuser Companythis co. | WY | $17.8B | 54.97β premium | 1.89 | 3.4% | 22.02 |
| Essex Property Trust, Inc. | ESS | $19.6B | 29.29 | 3.54 | 12.1% | 16.82 |
| Invitation Homes Inc. | INVH | $17.5B | 29.84 | 1.84 | 6.2% | 15.24 |
| Host Hotels & Resorts, Inc. | HST | $17.0B | 22.17 | 2.59 | 11.7% | 11.82 |
| Mid-America Apartment Communities, Inc. | MAA |
| - |
| - |
| - |
| - |
| - |
| $16.3B |
| 36.87 |
| 2.87 |
| 7.8% |
| 17.12 |
| Kimco Realty Corporation | KIM | $16.2B | 27.69 | 1.56 | 5.6% | 16.74 |
| UDR, Inc. | UDR | $14.4B | 38.16 | 4.44 | 11.6% | 15.94 |
| Regency Centers Corporation | REG | $14.3B | 27.90 | 2.08 | 7.4% | 16.98 |
| CoStar Group, Inc. | CSGP | $13.7B | 1963.61 | 1.65 | 0.1% | 69.61 |
| Peer Median | - | 29.56 | 2.33 | 7.6% | 16.78 | |