RYAM · Rayonier Advanced Materials Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $319.06M | - | $352.84M | $340.05M | $355.97M | - | $401.10M | $419.05M | $387.66M | - |
| Cost of Revenue | $326.66M | - | $318.77M | $316.41M | $331.91M | - | $357.53M | $370.74M | $350.89M | - |
| Gross Profit | ($7.59M) | - | $34.07M | $23.64M | $24.05M | - | $43.57M | $48.31M | $36.76M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $19.17M | - | $23.66M | $17.96M | $23.26M | - | $22.68M | $21.81M | $21.07M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $33.45M | - | $35.19M | $33.51M | $31.25M | - | - | - | $33.28M | - |
| Operating Income | ($65.31M) | - | $9.74M | ($1.34M) | ($15.09M) | - | ($16.80M) | $28.20M | $17.07M | - |
| Interest Expense | $23.11M | - | $24.77M | $23.69M | $20.86M | - | $21.02M | $21.27M | $20.86M | - |
| Income Tax | ($7.20M) | - | ($10.37M) | $339.20M | ($5.59M) | - | ($4.59M) | ($849.0K) | ($472.0K) | - |
| Net Income | ($81.58M) | - | ($4.45M) | ($363.20M) | ($31.97M) | - | ($32.60M) | $11.39M | ($1.57M) | - |
| EPS - Basic | ($1.22) | - | ($0.07) | ($5.44) | ($0.49) | - | ($0.49) | $0.17 | ($0.02) | - |
| EPS - Diluted | ($1.22) | - | ($0.07) | ($5.44) | ($0.49) | - | ($0.49) | $0.17 | ($0.02) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $67.94M | $75.39M | $77.03M | $70.68M | $129.86M | $125.22M | $136.09M | $114.15M | $54.61M | $75.77M |
| Accounts Receivable | $173.59M | $193.31M | $183.17M | $152.58M | $167.12M | $213.97M | $193.32M | $203.54M | $183.05M | $197.46M |
| Inventory | $223.72M | $237.97M | $254.00M | $233.17M | $212.04M | $208.00M | $234.03M | $225.47M | $228.05M | $207.47M |
| Accounts Payable | $202.45M | $190.45M | $172.12M | $189.61M | $199.85M | $196.25M | $166.93M | $186.01M | $157.70M | $186.23M |
| Current Assets | $529.23M | $568.38M | $590.61M | $539.80M | $572.50M | $600.96M | $629.01M | $634.95M | $545.56M | $575.06M |
| Total Assets | $1.67B | $1.76B | $1.80B | $1.75B | $2.12B | $2.13B | $2.16B | $2.20B | $2.14B | $2.18B |
| Current Liabilities | $385.21M | $360.38M | $376.23M | $371.63M | $404.81M | $400.16M | $363.86M | $376.60M | $332.49M | $375.83M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $229.35M | $316.56M | $338.21M | $342.32M | $688.08M | $713.88M | $732.71M | $755.13M | $741.75M | $746.45M |
| Retained Earnings | ($170.96M) | ($88.91M) | ($67.37M) | ($62.47M) | $301.21M | $333.59M | $349.81M | $382.41M | $371.02M | $372.59M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $31.94M | - | - | - | $39.62M | - | - | - | $11.27M | - |
| Investing Cash Flow | ($20.00M) | - | - | - | ($37.51M) | - | - | - | ($32.56M) | - |
| Financing Cash Flow | ($18.28M) | - | - | - | ($718.0K) | - | - | - | $927.0K | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -2.4% | - | 9.7% | 7.0% | 6.8% | - | 10.9% | 11.5% | 9.5% | - |
| Operating margin | -20.5% | - | 2.8% | -0.4% | -4.2% | - | -4.2% | 6.7% | 4.4% | - |
| EBITDA margin | -10.0% | - | 12.7% | 9.5% | 4.5% | - | - | - | 13.0% | - |
| Net margin | -25.6% | - | -1.3% | -106.8% | -9.0% | - | -8.1% | 2.7% | -0.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.0% | - | 6.7% | 5.3% | 6.5% | - | 5.7% | 5.2% | 5.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | -8.1% | - | - |
| Return on assets | -4.9% | - | -0.2% | -20.7% | -1.5% | - | -1.5% | 0.5% | -0.1% | - |
| Return on equity | -35.6% | - | -1.3% | -106.1% | -4.6% | - | -4.4% | 1.5% | -0.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.37 | 1.58 | 1.57 | 1.45 | 1.41 | 1.50 | 1.73 | 1.69 | 1.64 | 1.53 |
| Quick ratio | 0.79 | 0.92 | 0.89 | 0.83 | 0.89 | 0.98 | 1.09 | 1.09 | 0.95 | 0.98 |
| Cash ratio | 0.18 | 0.21 | 0.20 | 0.19 | 0.32 | 0.31 | 0.37 | 0.30 | 0.16 | 0.20 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.8x | - | 0.4x | -0.1x | -0.7x | - | -0.8x | 1.3x | 0.8x | - |
| Equity multiplier | 7.27 | 5.55 | 5.31 | 5.13 | 3.08 | 2.98 | 2.95 | 2.91 | 2.88 | 2.92 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.20 | 0.19 | 0.17 | - | 0.19 | 0.19 | 0.18 | - |
| Inventory turnover | 1.46 | - | 1.25 | 1.36 | 1.57 | - | 1.53 | 1.64 | 1.54 | - |
| Days sales outstanding | 199d | - | 189d | 164d | 171d | - | 176d | 177d | 172d | - |
| Days inventory outstanding | 250d | - | 291d | 269d | 233d | - | 239d | 222d | 237d | - |
| Days payable outstanding | 226d | - | 197d | 219d | 220d | - | 170d | 183d | 164d | - |
| Cash conversion cycle | 222d | - | 283d | 214d | 185d | - | 244d | 216d | 246d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 32.0x | - | - |
| P / B | 3.1x | - | 1.4x | 0.7x | 0.5x | - | 0.8x | 0.5x | 0.4x | - |
| P / S | 2.3x | - | 1.3x | 0.7x | 1.0x | - | 1.4x | 0.9x | 0.8x | - |
| EV / EBITDA | - | - | 8.5x | 5.7x | 14.7x | - | - | - | 5.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -10.4% | - | -12.0% | -18.9% | -8.2% | - | 8.8% | 8.7% | -16.9% | - |
| Revenue CAGR (3y) | -11.9% | - | -8.9% | -5.2% | 0.4% | - | 2.4% | 7.1% | -5.9% | - |
| Revenue CAGR (5y) | -7.3% | - | -3.6% | -3.0% | -2.8% | - | -0.7% | -3.0% | -4.3% | - |
| Gross profit growth (YoY) | - | - | -21.8% | -51.1% | -34.6% | - | 399.0% | 230.3% | -1.8% | - |
| Operating income growth (YoY) | -332.8% | - | - | - | - | - | -16.3% | - | 2.9% | - |
| Net income growth (YoY) | -155.2% | - | 86.3% | - | -1936.3% | - | -29.9% | - | - | - |
| EPS growth (YoY) | -149.0% | - | 85.7% | - | -2350.0% | - | -25.6% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -55.2% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -66.7% | -55.7% | -53.8% | -54.7% | -7.2% | -4.4% | -6.7% | -7.2% | -10.8% | -10.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.50B totalCellulose Specialties$862.04M · 57.6%
Cellulose Commodities$312.73M · 20.9%
Paperboard$179.05M · 12.0%
High Yield Pulp$112.65M · 7.5%
Biomaterials$30.55M · 2.0%
Geographic
$1.47B totalUS$465.62M · 31.8%
Europe$309.52M · 21.1%
CN$273.32M · 18.6%
Other Asia$170.63M · 11.6%
JP$131.38M · 9.0%
CA$55.20M · 3.8%
All Other Countries$41.23M · 2.8%
Latin America$19.49M · 1.3%
Peer comparison
Same SIC group: Pulp Mills
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| MERC | $1.87B | -26.7% | -731.5% |
Comparing RAYONIER ADVANCED MATERIALS INC. against the 1 most active filer in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Jun 13, 2019 | $0.0700 |
| Mar 14, 2019 | $0.0700 |
| Dec 14, 2018 | $0.0700 |
| Sep 13, 2018 | $0.0700 |
| Jun 14, 2018 | $0.0700 |
| Mar 15, 2018 | $0.0700 |
| Dec 14, 2017 | $0.0700 |
| Sep 14, 2017 | $0.0700 |
| Jun 14, 2017 | $0.0700 |
| Mar 15, 2017 | $0.0700 |
| Dec 14, 2016 | $0.0700 |
| Sep 14, 2016 | $0.0700 |
| Jun 14, 2016 | $0.0700 |
| Mar 15, 2016 | $0.0700 |
| Dec 15, 2015 | $0.0700 |
| Sep 14, 2015 | $0.0700 |
| Jun 12, 2015 | $0.0700 |
| Mar 13, 2015 | $0.0700 |
| Dec 15, 2014 | $0.0700 |
| Sep 12, 2014 | $0.0700 |