Company file · WY
Weyerhaeuser
Reenr was Weyerhaeuser's fastest-growing segment in FY2025, up 16.1%
Revenue fell 3.1% to $6.9B in FY2025, from $7.1B in FY2024. Net income fell 18.2% to $324M. Wood Products was the largest segment, at 72% of the segment total.
Key facts
Weyerhaeuser (NYSE: WY) closed fiscal 2025 on Dec 31, 2025 with revenue of $6.9B, down 3.1% from a year before; net income came to $324M, down 18.2%. Its newest quarterly report covers the three months to Sep 30, 2026: revenue of $1.9B, up 8.4% on the same stretch of the prior year, and net income of $61M. Broken down by segment, Wood Products led with 72% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Feb 13, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Oct 30, 2026).
Source: 10-K FY2025, filed Feb 13, 2026
Source: 10-Q filed May 1, 2026 · 10-Q filed Jul 31, 2026 · 10-Q filed Oct 30, 2026
How it makes money
By segment, FY2025
Source: 10-K FY2025, XBRL breakdown
By segment in FY2025: Wood Products (72%), Timberlands (22%) and Reenr (7%), as shares of the segment total. Total revenue was $6.9B.
Source: 10-K FY2025
By region, FY2025
Share is of the FY2025 total; the last column is the change from FY2024.
Learn more: Revenue vs. net income · Gross, operating and net margin
What changed last quarter
Comparing Q3 2026 (Jul to Sep 2026) compared with Q3 2025 (Jul to Sep 2025)
Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.
Q3 2026Q3 2025
Company
Source: Weyerhaeuser 10-Q for the quarter ended Sep 30, 2026, filed Oct 30, 2026
By segment
Source: Weyerhaeuser 10-Q for the quarter ended Sep 30, 2026, filed Oct 30, 2026
The bull case and the bear case
The bull case
- Revenue in the quarter ended Sep 30, 2026 was $1.9B, up 8.4% on a year earlier. 10-Q, quarter ended Sep 30, 2026
- Reenr revenue grew 16.1% in FY2025 to $454M. 10-K, FY2025
The bear case
- Revenue fell 3.1% in FY2025 to $6.9B, from $7.1B a year earlier. 10-K, FY2025
- Net income fell 18.2% in FY2025 to $324M, from $396M. 10-K, FY2025
- Operating cash flow fell 44.2% in FY2025 to $562M. 10-K, FY2025
- Total debt rose 9.8% in FY2025 to $5.6B. 10-K, FY2025
What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.
What the company does
Weyerhaeuser is in the timber REITs industry, part of the real estate sector. The SEC files it under Real Estate Investment Trusts.
Weyerhaeuser reports 3 segments: Wood Products, Timberlands and Reenr.
Its fiscal year ends in December; the latest, FY2025, ended Dec 31, 2025.
Source: 10-K, Item 1 Business
Risks common in this industry
These are general risks for companies in the timber REITs industry. They are not a summary of Weyerhaeuser’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.
- Interest ratesHigher rates raise borrowing costs and can lower property values.
- Occupancy and rentsVacancies, tenant defaults and weaker rents reduce income.
- Property marketsLocal supply, demand and values vary by market and property type.
- Capital and developmentAcquisitions and developments need financing and may not earn what was planned.
- Regulation and taxesProperty, zoning and tax rules, including the rules for REIT status, affect results.
Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)
Three years of key numbers
Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.
| US$ | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $7.7B | $7.1B | $6.9B |
| Net income | $839M | $396M | $324M |
| Operating cash flow | $1.4B | $1.0B | $562M |
| Cash & equivalents (year end) | $1.2B | $684M | $464M |
| Total debt (year end) | $5.1B | $5.1B | $5.6B |
| Diluted shares | 732M | 729M | 724M |
- Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
- Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
- Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
- Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
- Total debt: The current part of long-term debt plus long-term debt, at carrying value.
- Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.
Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator
Explainers for this page
- Segment reporting
- Net debt and net cash
- Debt-to-equity ratio
- The cash flow statement
- Risk factors (Item 1A)
- Noncash investing and financing
- Margin accounts
Plain-English guides to terms this file uses, with real numbers from filings.
About these numbers
- Segment figures are shown before eliminations and other items, so shares are of the segment total rather than of consolidated revenue.
Recent filings
| Form | Filed | Period |
|---|---|---|
| 10-Q | Oct 30, 2026 | Sep 30, 2026 |
| 10-Q | Jul 31, 2026 | Jun 30, 2026 |
| 10-Q | May 1, 2026 | Mar 31, 2026 |
| DEF 14A | Apr 1, 2026 | May 15, 2026 |
| 10-K | Feb 13, 2026 | Dec 31, 2025 |
Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters
Common questions about Weyerhaeuser
How does Weyerhaeuser make money?
Fiscal 2025 revenue: $6.9B. By segment in FY2025: Wood Products (72%), Timberlands (22%) and Reenr (7%), as shares of the segment total. Total revenue was $6.9B. Source: 10-K for fiscal 2025, filed Feb 13, 2026.
What was Weyerhaeuser's revenue in fiscal 2025?
$6.9B, down 3.1% from fiscal 2024 ($7.1B). The year ended Dec 31, 2025; for fiscal 2023 the figure was $7.7B. Source: 10-K for fiscal 2025, filed Feb 13, 2026.
Is Weyerhaeuser profitable?
Net income was $324M in fiscal 2025 (down 18.2%; fiscal 2024 was $396M). That counts as a GAAP profit. The latest quarter, ended Sep 30, 2026: net income was $61M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 13, 2026.
What did Weyerhaeuser report in its latest quarterly filing?
For the three months to Sep 30, 2026: revenue $1.9B (up 8.4% from $1.7B) and net income $61M (down 23.8% from $80M). Source: 10-Q for the quarter ended Sep 30, 2026, filed Oct 30, 2026.
How much cash and debt does Weyerhaeuser have?
As of Sep 30, 2026: $349M of cash and cash equivalents, $5.4B of total debt. Total debt here is the current part of long-term debt plus long-term debt, at carrying value. Source: 10-Q filed Oct 30, 2026.
What are the main risks Weyerhaeuser faces?
Weyerhaeuser's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 13, 2026. Risks that are common among companies in the timber REITs industry include Interest rates; occupancy and rents; property markets; capital and development; regulation and taxes. The first: Higher rates raise borrowing costs and can lower property values. Source: 10-K, Item 1A Risk Factors.
Where do these Weyerhaeuser numbers come from?
The 10-K filed Feb 13, 2026 (fiscal 2025) and the 10-Q filed Oct 30, 2026 (quarter ended Sep 30, 2026), as published in the SEC's XBRL data. Click any number to open the filing it came from. Methodology explains how fiscal years and missing numbers are handled.
Tracked funds that report owning Weyerhaeuser
- Renaissance Technologies: 2,384,781 shares, reported value $57.1M at Jun 30, 2026 (+81.9% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 13, 2026.
- Citadel Advisors: 1,907,721 shares, reported value $45.7M at Jun 30, 2026 (−20.2% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
- Millennium Management: 1,082,921 shares, reported value $25.9M at Jun 30, 2026 (−35.3% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Bridgewater Associates: 821,804 shares, reported value $19.7M at Jun 30, 2026 (+159.2% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Two Sigma Investments: 223,657 shares, reported value $5.4M at Jun 30, 2026 (+19.9% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Markel Group: 202,000 shares, reported value $3.8M at Sep 30, 2026 (+68.3% in shares since the filing for Jun 30, 2026). Form 13F filed Oct 30, 2026.
From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.
Disclosures
- Editor holdings in WY
- The editor holds no position in Weyerhaeuser (WY). As of Nov 11, 2026.
- Trading rule
- The editor does not buy or sell WY from 3 days before to 3 days after this page is published or substantively updated.
- Compensation
- Nobody paid for this page. No affiliate links on this page.
- Sources
- The company's SEC filings, linked next to each number or, for charts, in the source line under them.
- Last updated
- Nov 10, 2026
General education, the same for every reader. Not a recommendation to buy, sell or hold WY, and it doesn't consider your situation.
Compare with peers
| Company | Fiscal year | Revenue | Revenue growth | Net income |
|---|---|---|---|---|
| WeyerhaeuserWY | FY2025 | $6.9B | −3.1% | $324M |
| WelltowerWELL | FY2025 | $10.8B | +35.6% | $962M |
| PrologisPLD | FY2025 | $8.8B | +7.2% | $3.3B |
| EquinixEQIX | FY2025 | $9.2B | +5.4% | $1.4B |
Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.
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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.