Investor Relations - Timber and Real Estate Performance
Rayonier Leads the Sector In U.S. South EBITDA* / Ton
■ EBITDA* per ton best captures profitability per unit of sales
EBITDA* per acre can be misleading due to differential rates of harvest
U.S. South EBITDA* / Ton
U.S. South Rate of Harvest
U.S. South EBITDA* / Acre
($ per ton harvested)
(tons per acre per year)
($ per acre)
$20
5.0
$70
4.5
$65
$18
4.0
$60
$16
3.5
$55
$14
3.0
$50
2.5
$45
$12
2.0
$40
$10
1.5
$35
$8
$30
1.0
2012 2013 2014 2015 2016
2012 2013 2014 2015 2016
2012 2013 2014 2015
2016
RYN
WY
PCL
PCH
■RYN WY PCL PCH
RYN
WY
PCL
PCH
Rayonier's sector-leading EBITDA* per Ton increased by over 20% from 2012 to 2016, while its
rate of harvest remained relatively stable.
Rayonier
Source: WY EBITDA based on historical public filings, excludes PCL contribution in 2012-15; PCH and PCL EBITDA based on historical public filings. Volume and acreage data for
all peers based on historical public filings.
Non-GAAP measure or pro forma item (see Appendix for definitions and RYN reconciliations).
Investor Relations | May 2017View entire presentation