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Weyerhaeuser Financials

WY
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Weyerhaeuser (WY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WY FY2025

Falling gross margins are squeezing returns in an asset-heavy business, while payouts increasingly lean on the balance sheet.

Over the last three fiscal years, gross margin fell from 21.9% to 14.8% even as operating margin held relatively steadier, pointing to cost discipline below gross profit rather than healthier core economics. That matters because operating cash flow also fell from $1.43B to $562M, so the company is preserving reported profit better than cash generation.

In FY2025, dividends paid of $606M exceeded operating cash flow of $562M, so the dividend was not fully funded by the year’s operations. With cash down to $464M and long-term debt still around $5.05B, liquidity has less cushion than it did in FY2023.

This remains an asset-heavy model: total assets were roughly $16.6B in FY2025, but return on assets slipped to 1.9%, showing that a similar asset base is earning far less than during the stronger years. The current ratio dropped from 2.9x to 1.3x since FY2023, so weaker profitability is now showing up in short-term balance-sheet flexibility as well.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

FFO Margin FFO Growth Leverage Interest Cov. AFFO Margin Dividend Cov. 40 / 100
Financial Health Score 40/100
Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Weyerhaeuser's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin
26
FFO Growth
14
Leverage
64
Interest Cov.
61
AFFO Margin
31
Dividend Cov.
43
Altman Z-Score Grey Zone
2.06

Weyerhaeuser scores 2.06, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($16.2B) relative to total liabilities ($7.2B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
4/9

Weyerhaeuser passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.73x

For every $1 of reported earnings, Weyerhaeuser generates $1.73 in operating cash flow ($562.0M OCF vs $324.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
2.7x

Weyerhaeuser earns $2.7 in operating income for every $1 of interest expense ($731.0M vs $273.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$6.9B
YoY-3.1%
5Y CAGR-1.7%
10Y CAGR-0.3%

Weyerhaeuser generated $6.9B in revenue in fiscal year 2025. This represents a decrease of 3.1% from the prior year.

EBITDA
$1.2B
YoY+4.5%
5Y CAGR-10.7%
10Y CAGR+1.0%

Weyerhaeuser's EBITDA was $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.5% from the prior year.

Net Income
$324.0M
YoY-18.2%
5Y CAGR-16.5%
10Y CAGR-4.4%

Weyerhaeuser reported $324.0M in net income in fiscal year 2025. This represents a decrease of 18.2% from the prior year.

EPS (Diluted)
$0.45
YoY-16.7%
5Y CAGR-15.9%
10Y CAGR-6.6%

Weyerhaeuser earned $0.45 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 16.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$464.0M
YoY-32.2%
5Y CAGR-1.3%
10Y CAGR-7.5%

Weyerhaeuser held $464.0M in cash against $5.0B in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.84
YoY-10.6%
5Y CAGR+10.5%
10Y CAGR-3.5%

Weyerhaeuser paid $0.84 per share in dividends in fiscal year 2025. This represents a decrease of 10.6% from the prior year.

Shares Outstanding
721M
YoY-0.7%
5Y CAGR-0.7%
10Y CAGR+3.5%

Weyerhaeuser had 721M shares outstanding in fiscal year 2025. This represents a decrease of 0.7% from the prior year.

Margins & Returns

Gross Margin
14.8%
YoY-3.6pp
5Y CAGR-12.8pp
10Y CAGR-0.6pp

Weyerhaeuser's gross margin was 14.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.6 percentage points from the prior year.

Operating Margin
10.6%
YoY+1.0pp
5Y CAGR-12.1pp
10Y CAGR+1.5pp

Weyerhaeuser's operating margin was 10.6% in fiscal year 2025, reflecting core business profitability. This is up 1.0 percentage points from the prior year.

Net Margin
4.7%
YoY-0.9pp
5Y CAGR-5.9pp
10Y CAGR-2.5pp

Weyerhaeuser's net profit margin was 4.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.

Return on Equity
3.4%
YoY-0.6pp
5Y CAGR-5.7pp
10Y CAGR-7.0pp

Weyerhaeuser's ROE was 3.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

Capital Allocation

R&D Spending
$5.0M
YoY-28.6%
5Y CAGR+0.0%
10Y CAGR-12.0%

Weyerhaeuser invested $5.0M in research and development in fiscal year 2025. This represents a decrease of 28.6% from the prior year.

Share Buybacks
$160.0M
YoY+3.9%
10Y CAGR-11.1%

Weyerhaeuser spent $160.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 3.9% from the prior year.

Capital Expenditures
N/A

WY Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $1.7B+12.1% $1.5B-10.3% $1.7B-8.9% $1.9B+6.9% $1.8B+3.2% $1.7B+1.6% $1.7B-13.3% $1.9B
Cost of Revenue $1.4B+2.1% $1.4B-8.8% $1.5B-3.0% $1.6B+9.2% $1.4B+1.7% $1.4B-1.9% $1.4B-6.8% $1.5B
Gross Profit $318.0M+97.5% $161.0M-21.1% $204.0M-37.2% $325.0M-3.0% $335.0M+10.2% $304.0M+21.6% $250.0M-38.1% $404.0M
R&D Expenses $1.0M0.0% $1.0M-50.0% $2.0M+100.0% $1.0M0.0% $1.0M-50.0% $2.0M+100.0% $1.0M-66.7% $3.0M
SG&A Expenses $119.0M+5.3% $113.0M+5.6% $107.0M-6.1% $114.0M-4.2% $119.0M-2.5% $122.0M0.0% $122.0M+5.2% $116.0M
Operating Income $247.0M-1.6% $251.0M+104.1% $123.0M-30.9% $178.0M-0.6% $179.0M+27.0% $141.0M+80.8% $78.0M-71.1% $270.0M
Interest Expense $66.0M-5.7% $70.0M-1.4% $71.0M+7.6% $66.0M0.0% $66.0M0.0% $66.0M-4.3% $69.0M+3.0% $67.0M
Income Tax $15.0M+129.4% -$51.0M-24.4% -$41.0M-441.7% $12.0M-25.0% $16.0M+328.6% -$7.0M+53.3% -$15.0M-145.5% $33.0M
Net Income $156.0M+110.8% $74.0M-7.5% $80.0M-8.0% $87.0M+4.8% $83.0M+2.5% $81.0M+189.3% $28.0M-83.8% $173.0M
EPS (Diluted) $0.22 N/A $0.11-8.3% $0.12+9.1% $0.11 N/A $0.040.0% $0.04

WY Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $16.4B-1.3% $16.6B-0.3% $16.7B+1.2% $16.5B-0.3% $16.5B-0.1% $16.5B-0.8% $16.7B-0.8% $16.8B
Current Assets $1.5B-9.0% $1.7B+2.5% $1.6B-8.3% $1.8B-0.7% $1.8B+1.3% $1.7B-12.3% $2.0B-8.7% $2.2B
Cash & Equivalents $299.0M-35.6% $464.0M+15.7% $401.0M-32.3% $592.0M+5.7% $560.0M-18.1% $684.0M-22.0% $877.0M-12.0% $997.0M
Inventory $659.0M+11.1% $593.0M+0.9% $588.0M-3.6% $610.0M-9.6% $675.0M+11.2% $607.0M+2.5% $592.0M-3.6% $614.0M
Accounts Receivable $396.0M+30.7% $303.0M-14.2% $353.0M-4.3% $369.0M-3.4% $382.0M+24.8% $306.0M-18.0% $373.0M-9.0% $410.0M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $7.0B-3.1% $7.2B-0.6% $7.2B+4.0% $7.0B+1.1% $6.9B+0.9% $6.8B+1.1% $6.7B-0.2% $6.8B
Current Liabilities $1.1B-17.1% $1.3B-2.7% $1.3B-22.4% $1.7B+95.2% $868.0M-11.2% $977.0M-1.5% $992.0M-0.3% $995.0M
Long-Term Debt $5.1B0.0% $5.0B+2.1% $4.9B+15.9% $4.3B-14.9% $5.0B+3.1% $4.9B0.0% $4.9B0.0% $4.9B
Total Equity $9.4B+0.1% $9.4B-0.1% $9.4B-0.9% $9.5B-1.3% $9.6B-0.8% $9.7B-2.1% $9.9B-1.2% $10.0B
Retained Earnings $1.4B+0.2% $1.4B-5.2% $1.5B-4.4% $1.6B-4.1% $1.6B-4.2% $1.7B-3.7% $1.8B-6.2% $1.9B

WY Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $52.0M+145.6% -$114.0M-154.3% $210.0M-47.0% $396.0M+465.7% $70.0M-67.9% $218.0M-6.8% $234.0M-45.8% $432.0M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow $81.0M-68.1% $254.0M+148.8% -$521.0M-369.4% -$111.0M-14.4% -$97.0M+62.0% -$255.0M-58.4% -$161.0M-12.6% -$143.0M
Financing Cash Flow -$315.0M-425.0% -$60.0M-150.0% $120.0M+147.4% -$253.0M-160.8% -$97.0M+45.5% -$178.0M-4.1% -$171.0M+12.3% -$195.0M
Dividends Paid $151.0M-0.7% $152.0M+1.3% $150.0M-1.3% $152.0M0.0% $152.0M+4.8% $145.0M0.0% $145.0M-0.7% $146.0M
Share Buybacks $10.0M0.0% $10.0M-60.0% $25.0M-75.0% $100.0M+300.0% $25.0M-10.7% $28.0M+3.7% $27.0M-44.9% $49.0M

WY Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 18.4%+8.0pp 10.4%-1.4pp 11.9%-5.4pp 17.3%-1.8pp 19.0%+1.2pp 17.8%+2.9pp 14.9%-6.0pp 20.8%
Operating Margin 14.3%-2.0pp 16.3%+9.1pp 7.2%-2.3pp 9.4%-0.7pp 10.2%+1.9pp 8.3%+3.6pp 4.6%-9.3pp 13.9%
Net Margin 9.0%+4.2pp 4.8%+0.1pp 4.7%+0.0pp 4.6%-0.1pp 4.7%-0.0pp 4.7%+3.1pp 1.7%-7.3pp 8.9%
Return on Equity 1.7%+0.9pp 0.8%-0.1pp 0.9%-0.1pp 0.9%+0.1pp 0.9%+0.0pp 0.8%+0.5pp 0.3%-1.4pp 1.7%
Return on Assets 0.9%+0.5pp 0.4%-0.0pp 0.5%-0.1pp 0.5%+0.0pp 0.5%+0.0pp 0.5%+0.3pp 0.2%-0.9pp 1.0%
Current Ratio 1.42+0.1 1.29+0.1 1.23+0.2 1.04-1.0 2.04+0.3 1.79-0.2 2.01-0.2 2.19
Debt-to-Equity 0.540.0 0.54+0.0 0.52+0.1 0.45-0.1 0.52+0.0 0.50+0.0 0.490.0 0.48
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Weyerhaeuser (WY) reported $6.9B in total revenue for fiscal year 2025. This represents a -3.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Weyerhaeuser (WY) revenue declined by 3.1% year-over-year, from $7.1B to $6.9B in fiscal year 2025.

Yes, Weyerhaeuser (WY) reported a net income of $324.0M in fiscal year 2025, with a net profit margin of 4.7%.

Weyerhaeuser (WY) reported diluted earnings per share of $0.45 for fiscal year 2025. This represents a -16.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Weyerhaeuser (WY) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Weyerhaeuser (WY) had $464.0M in cash and equivalents against $5.0B in long-term debt.

Weyerhaeuser (WY) had a gross margin of 14.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Weyerhaeuser (WY) had an operating margin of 10.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Weyerhaeuser (WY) had a net profit margin of 4.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Weyerhaeuser (WY) paid $0.84 per share in dividends during fiscal year 2025.

Weyerhaeuser (WY) has a return on equity of 3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Weyerhaeuser (WY) generated $562.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Weyerhaeuser (WY) had $16.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Weyerhaeuser (WY) invested $5.0M in research and development during fiscal year 2025.

Yes, Weyerhaeuser (WY) spent $160.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Weyerhaeuser (WY) had 721M shares outstanding as of fiscal year 2025.

Weyerhaeuser (WY) had a current ratio of 1.29 as of fiscal year 2025, which is considered adequate.

Weyerhaeuser (WY) had a debt-to-equity ratio of 0.54 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Weyerhaeuser (WY) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Weyerhaeuser (WY) has an Altman Z-Score of 2.06, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Weyerhaeuser (WY) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Weyerhaeuser (WY) has an earnings quality ratio of 1.73x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Weyerhaeuser (WY) has an interest coverage ratio of 2.7x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Weyerhaeuser (WY) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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