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Rayonier (Rayonier) ROCE % : 16.23% (As of Dec. 2023)


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What is Rayonier ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Rayonier's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.23%.


Rayonier ROCE % Historical Data

The historical data trend for Rayonier's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rayonier ROCE % Chart

Rayonier Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 2.38 7.67 4.74 6.44

Rayonier Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.18 2.20 3.49 3.98 16.23

Rayonier ROCE % Calculation

Rayonier's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=231.959/( ( (3789.371 - 95.327) + (3647.585 - 140.277) )/ 2 )
=231.959/( (3694.044+3507.308)/ 2 )
=231.959/3600.676
=6.44 %

Rayonier's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=576.612/( ( (3707.749 - 110.619) + (3647.585 - 140.277) )/ 2 )
=576.612/( ( 3597.13 + 3507.308 )/ 2 )
=576.612/3552.219
=16.23 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rayonier  (NYSE:RYN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Rayonier ROCE % Related Terms

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Rayonier (Rayonier) Business Description

Traded in Other Exchanges
Address
1 Rayonier Way, Wildlight, FL, USA, 32097
Rayonier owns and manages over 2 million acres of timberland in the United States. It is one the largest private landowners in North America. The firm also owns timberland in New Zealand. Rayonier is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities.
Executives
David L Nunes director, officer: Chief Executive Officer 1 RAYONIER WAY, WILDLIGHT FL 32097
Shelby L Pyatt officer: VP, Human Resources 1 RAYONIER WAY, YULEE FL 32097
Gregg A Gonsalves director C/O CEDAR REALTY TRUST, INC., 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Mark Mchugh officer: Chief Financial Officer 1 RAYONIER WAY, YULEE FL 32097
Meridee Moore director
Douglas M Long officer: SVP, Forest Resources 1 RAYONIER WAY, WILDLIGHT FL 32097
April J. Tice officer: V.P. Corp Controller 1 RAYONIER WAY, YULEE FL 32097
Mark R Bridwell officer: VP, GC and Secretary 1 RAYONIER WAY, WILDLIGHT FL 32097
W. Rhett Rogers officer: VP, Portfolio Management 1 RAYONIER WAY, YULEE FL 32097
Matthew Justice Rivers director 1 RAYONIER WAY, WILDLIGHT FL 32097
Blanche L Lincoln director C/O ENTERGY CORPORATION LEGAL DEPARTMENT, 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Dod A Fraser director 1 RAYONIER WAY, YULEE FL 32097
Keith E Bass director 6208 BLAKEFORD DRIVE, WINDERMERE FL 34786
V. Larkin Martin director 1 RAYONIER WAY, YULEE FL 32097
Scott R. Jones director 1 RAYONIER WAY, YULEE FL 32097