← RAYONIER ADVANCED MATERIALS INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $868.7m |
$961.3m
+10.66%
|
$2.1b
+122.03%
|
$1.8b
-16.82%
|
$1.7b
-2.06%
|
$1.4b
-19.05%
|
$1.7b
+22.00%
|
$1.6b
-4.31%
|
$1.6b
-0.79%
|
$1.5b
-10.05%
|
$1.5b
-0.06%
|
|
| Cost of sales | ($687.5m) |
($822.1m)
-19.58%
|
($1.8b)
-117.77%
|
($1.7b)
+3.85%
|
($1.6b)
+6.98%
|
($1.3b)
+16.76%
|
($1.6b)
-19.61%
|
($1.6b)
+2.45%
|
($1.5b)
+5.82%
|
($1.3b)
+8.00%
|
$1.4b
+202.34%
|
|
| Gross margin | $181.3m |
$139.2m
-23.18%
|
$344.2m
+147.17%
|
$54.2m
-84.26%
|
$137.8m
+154.42%
|
$74.7m
-45.77%
|
$123.1m
+64.72%
|
$88.2m
-28.38%
|
$165.6m
+87.83%
|
$118.8m
-28.26%
|
$86.4m
-27.23%
|
|
| Selling, general and administrative expense | ($37.9m) | ($80.0m) | ($108.2m) | ($89.6m) | ($85.2m) | ($75.8m) | ($91.5m) | ($75.7m) | ($92.3m) | ($83.9m) | $79.1m | |
| Other operating income (expense), net (Note 20) | ($5.7m) | ($2.2m) | ($12.4m) | ($25.0m) | ($15.2m) | ($10.3m) | ($10.2m) | ($12.4m) | $527k | ($4.5m) | — | |
| Operating income (loss) | $137.6m |
$57.0m
-58.58%
|
$197.6m
+246.64%
|
($83.1m)
-142.05%
|
$27.1m
+132.57%
|
($10.4m)
-138.58%
|
$26.1m
+350.22%
|
($65.3m)
-349.72%
|
$39.5m
+160.49%
|
$4.1m
-89.62%
|
($38.1m)
-1030.75%
|
|
| Interest expense | ($34.6m) | ($40.4m) | ($60.4m) | ($60.3m) | ($64.2m) | ($66.4m) | ($66.2m) | ($73.8m) | ($85.7m) | ($98.0m) | $98.5m | |
| Foreign exchange gain (loss) | — | — | — | ($3.2m) | ($5.7m) | $875k | $4.7m | ($3.0m) | $7.4m | ($4.6m) | — | |
| Other income (expense), net | $737k | $3.8m | $5.0m | ($24k) | ($7.3m) | $785k | $5.4m | $6.5m | $4.3m | ($2.0m) | ($13.5m) | |
| Equity in loss of equity method investments | — | — | $0 | $0 | ($730k) | ($1.6m) | ($2.7m) | ($2.0m) | ($1.7m) | ($4.9m) | — | |
| Loss from continuing operations before income tax | — | — | $126.5m | ($148.3m) | ($46.0m) | ($82.9m) | ($23.8m) | ($132.5m) | ($49.2m) | ($95.0m) | — | |
| Income tax (expense) benefit (Note 21) | ($39.3m) | ($19.7m) | ($43.8m) | $29.7m | $46.6m | $34.7m | ($902k) | $32.3m | $8.9m | ($323.3m) | ($15.3m) | |
| Net loss | $73.3m | $325.0m | $128.4m | ($22.4m) | $555k | $66.4m | ($14.9m) | ($101.8m) | ($38.7m) | ($420.5m) | — | |
| Net loss attributable to RYAM | $73.3m | $325.0m | $128.4m | ($22.4m) | $555k | $66.4m | ($14.9m) | ($101.8m) | ($38.7m) | ($420.7m) | — | |
| Net loss - basic (in dollars per share) | $2 | $7 | $2 | ($1) | $0 | $1 | ($0) | ($2) | ($1) | ($6) | — | |
| Net loss - diluted (in dollars per share) | $2 | $6 | $2 | ($1) | $0 | $1 | ($0) | ($2) | ($1) | ($6) | — | |
| Net income attributable to redeemable noncontrolling interest (Note 14) | $73.3m | — | $128.4m | ($22.4m) | $555k | $66.4m | $0 | $0 | $37k | $161k | — | |
| Loss from continuing operations-basic (in dollars per share) | — | $7.13 | $1.70 | ($2.33) | $0.00 | ($0.78) | ($0.42) | ($1.57) | ($0.64) | ($6.37) | — | |
| Loss from continuing operations-diluted (in dollars per share) | — | $5.78 | $1.52 | ($2.33) | $0.00 | ($0.78) | ($0.42) | ($1.57) | ($0.64) | ($6.37) | — | |
| Income from discontinued operations-basic (in dollars per share) | — | $0.04 | $0.57 | $1.76 | $0.01 | $1.83 | $0.19 | $0.00 | $0.05 | $0.04 | — | |
| Income from discontinued operations-diluted (in dollars per share) | — | $0.03 | $0.44 | $1.76 | $0.01 | $1.83 | $0.19 | $0.00 | $0.05 | $0.04 | — | |
| Asset impairment (Note 7) | — | — | — | — | — | $0 | $0 | ($62.3m) | ($25.2m) | $0 | $25.2m | |
| Indefinite suspension charges (Note 3) | — | — | — | — | — | — | $0 | $0 | ($16.6m) | ($1.3m) | — | |
| Environmental remediation expense | — | — | — | — | — | — | — | ($5.8m) | ($6.6m) | ($20.4m) | — | |
| Components of pension and OPEB, excluding service costs (Note 19) | — | ($3.0m) | $8.3m | ($4.9m) | $6.2m | ($4.3m) | $5.0m | $98k | $2.9m | $922k | — | |
| Debt refinancing charges | — | — | — | — | — | — | $651k | $361k | ($10.2m) | ($106k) | — | |
| Loss from continuing operations | — | — | — | ($83.9m) | ($38.1m) | ($49.8m) | ($27.4m) | ($102.1m) | ($41.9m) | ($423.2m) | — | |
| Income from discontinued operations, net of tax (Note 4) | — | — | — | — | — | $116.2m | $12.5m | $312k | $3.2m | $2.7m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.