RAYONIER ADVANCED MATERIALS INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $1.47B | $1.63B | $1.64B | $1.72B | $1.41B | $1.34B | $1.43B |
| Cost of Revenue | — | $1.35B | $1.46B | $1.56B | $1.59B | $1.33B | $1.28B | $1.38B |
| Gross Profit | — | $118.8M | $165.6M | $88.2M | $123.1M | $74.7M | $63.4M | $53.5M |
| Gross Margin | — | 8.1% | 10.2% | 5.4% | 7.2% | 5.3% | 4.7% | 3.7% |
| Operating Expenses | ||||||||
| Research & Development | — | $7.0M | $5.0M | $6.0M | $7.0M | $7.0M | $7.0M | $6.0M |
| SG&A Expense | — | $83.9M | $92.3M | $75.7M | $91.5M | $75.8M | $77.9M | $80.8M |
| Operating Income | — | $4.1M | $39.5M | $-65.3M | $26.1M | $-10.4M | $-30.4M | $-52.5M |
| Operating Margin | — | 0.3% | 2.4% | -4.0% | 1.5% | -0.7% | -2.3% | -3.7% |
| Interest Expense | — | — | — | $73.8M | $66.2M | $66.4M | $55.5M | $52.0M |
| Pretax Income | — | $-95.0M | $-49.2M | $-132.5M | $-23.8M | $-82.9M | $-98.2M | $-148.3M |
| Income Tax Expense | — | $323.3M | $-8.9M | $-32.3M | $902.0K | $-34.7M | $-60.9M | $-20.4M |
| Net Income | — | $-420.7M | $-38.7M | $-101.8M | $-14.9M | $66.4M | $555.0K | $-22.5M |
| Net Margin | — | -28.7% | -2.4% | -6.2% | -0.9% | 4.7% | 0.0% | -1.6% |
| EPS (Basic) | — | $-6.33 | $-0.59 | $-1.57 | $-0.23 | $1.05 | $0.01 | $-0.57 |
| EPS (Diluted) | — | $-6.33 | $-0.59 | $-1.57 | $-0.23 | $1.05 | $0.01 | $-0.57 |
| Shares Outstanding (Basic) | 67.0M | 66.8M | 65.7M | 65.1M | 63.9M | 63.6M | 63.2M | 54.5M |
| Shares Outstanding (Diluted) | 67.0M | 66.8M | 65.7M | 65.1M | 63.9M | 63.6M | 63.2M | 54.5M |
| Dividends Per Share | — | — | — | — | — | — | — | $0.14 |