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Rayonier (RYN) operating margin by quarter

Rayonier's operating margin was 8.7% in Q2 2026 (second quarter 2026), -14.3 pts from Q4 2025. Over the last 5 quarters it ranged from 8.7% (Q2 2026) to 47.7% (Q4 2024).

Rayonier operating margin by quarterRayonier operating margin by quarter47.7%Q4 202413.7%Q2 202523.5%Q3 202523.0%Q4 20258.7%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 20268.7%-14.3 pts-4.9 pts
Q4 202523.0%-0.5 pts-24.7 pts
Q3 202523.5%+9.8 pts—
Q2 202513.7%-34.0 pts—
Q4 202447.7%——

Q2 2026 at a glance

Rayonier, Q2 2026: revenue $396M (+272% year over year), operating margin 8.7%, net earnings $19.1M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.

Questions

What is Rayonier's operating margin?

Rayonier's operating margin was 8.7% in Q2 2026 (second quarter 2026), -14.3 pts from Q4 2025.

How has Rayonier's operating margin changed?

Over the last 5 quarters it ranged from 8.7% (Q2 2026) to 47.7% (Q4 2024).

Q2 2026 results → · How Rayonier makes money →