NYSE$RYAM

Rayonier Advanced Materials Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Rayonier Advanced Materials reported Q4 2025, revenue of $417M, net loss of $21M.

For Q4 2025, Rayonier Advanced Materials reported revenue of $417M, a net loss of $21M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $417M.
  • Net loss $21M.
  • Rayonier Advanced Materials MD&A covers liquidity, capital, and operating priorities.

Headline financials

Total Revenue

$417M

Previous: $13M+3107.7%
EPS (adj)

-$0.32

Previous: -$0.10-220.0%
Adjusted EBITDA

$46M

Previous: $51M-9.8%
Total Debt

$779M

Previous: $730M+6.7%
Net Secured Debt

$715M

Previous: $625M+14.4%
Net Secured Leverage Ratio

3.9

No prior period
Interest Expense

$26M

Previous: $24M+8.3%
Depreciation & Amortization

$38M

Previous: $34M+11.8%
Net Income

-$21M

Previous: -$16M-31.3%
Operating Income

$11M

Previous: $11M+0.0%
Gross Profit

$37M

Previous: $37M+0.0%

Revenue & EPS history

Rayonier AM · Revenue · Quarterly

$417M

Q4 2025+3,107.7%vs Q4 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Rayonier AM · $82M total across 2 segments · Q3 2023

  • Paperboard
    $57M-13.6%
  • High-Yield Pulp
    $25M-37.5%

Forward guidance

Energy outlook highlights production, capex, commodity prices, and shareholder returns; guidance tables are in the release.

Tailwinds

  • Production and cost discipline support cash flow.
  • Hedging and balance sheet management.
  • Dividends or buybacks where applicable.

Headwinds

  • Commodity price volatility.
  • Regulatory and operating risks.
  • Weather and basis differentials.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.1%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+6.3%

Avg return

30 days after

43%

23 / 53 earnings

Positive

+34.0%

Q1 2016

Best reaction

-40.2%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.7%-0.6%
Q4 2025+16.5%+9.6%+13.3%
Q3 2025-8.9%-4.3%-3.5%
Q1 2025-6.6%-7.1%-7.6%
Q4 2024-17.6%-28.0%-33.5%
Q3 2024+20.9%+22.5%+5.3%
Q2 2024+33.5%+30.0%+39.9%
Q1 2024-0.5%+12.2%+36.9%
Q4 2023-21.9%-13.7%+9.1%
Q3 2023+4.4%+6.7%+17.5%
Q2 2023-23.4%-23.2%-30.2%
Q1 2023-17.5%-21.1%-20.6%
Q4 2022+27.9%+30.3%-3.7%
Q3 2022+31.9%+56.9%+73.8%
Q2 2022+15.3%+26.5%+14.7%
Q1 2022+14.4%+5.3%-25.7%
Q4 2021+6.4%+13.3%+29.9%
Q3 2021-5.3%-10.1%-26.0%
Q2 2021-4.3%+2.4%+3.0%
Q1 2021-26.7%-18.6%-17.4%
Q4 2020-7.8%+22.7%+8.0%
Q3 2020+12.9%+11.4%+114.7%
Q2 2020+10.2%+10.9%+11.9%
Q1 2020+9.4%+41.7%+130.9%
Q4 2019-17.8%-9.3%-55.2%
Q3 2019-18.6%+0.9%-8.8%
Q2 2019-40.2%-41.6%-22.7%
Q1 2019-35.2%-40.0%-52.9%
Q4 2018-6.0%-3.7%-13.1%
Q3 2018+6.0%+5.9%+5.0%
Q2 2018+11.4%+14.6%+17.9%
Q1 2018-8.7%-5.1%-9.6%
Q4 2017+12.3%+10.2%+9.7%
Q3 2017+7.2%+16.0%+30.5%
Q2 2017-5.5%-7.1%-7.1%
Q1 2017-8.1%+0.5%+31.2%
Q4 2016-20.8%-19.6%-21.8%
Q3 2016-5.6%-8.9%+5.1%
Q2 2016+4.7%-11.0%-10.7%
Q1 2016+34.0%
Q4 2015-0.4%
Q3 2015+15.5%
Q2 2015+15.4%
Q1 2014+12.4%
Q1 2015+12.4%
Q4 2012-0.4%
Q1 2013-0.4%
Q4 2014-9.4%
Q3 2013-3.4%
Q3 2014-8.1%
Q2 2013-1.2%
Q4 2013-1.2%
Q2 2014-12.6%

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