Orion vs Rayonier Advanced Materials
Orion is the larger business, with $1.81bn of revenue in fiscal 2025 against $1.47bn for Rayonier Advanced Materials (1.2 times as much). Orion grew faster (-3.8% against -10.1%). Orion kept more of each dollar of sales as profit: a net margin of -3.9% against -28.7%. Rayonier Advanced Materials carries less debt relative to equity (246.1% against 330.0%).
| Latest fiscal year | OrionOEC, 2025 | Rayonier Advanced MaterialsRYAM, 2025 |
|---|---|---|
| Revenue | $1.81bn | $1.47bn |
| Revenue growth | -3.8% | -10.1% |
| Net income | −$70.1m | −$421m |
| Operating margin | 1.5% | 0.3% |
| Net margin | -3.9% | -28.7% |
| Return on equity | -16.3% | -81.6% |
| Free cash flow | $54.8m | $23.9m |
| Cash | $60.7m | $75.4m |
| Total debt | $1.27bn | $779m |
| Debt to equity | 330.0% | 246.1% |
| Dividend per share | $0.08 | — |
| Dividend yield | 1.4% | — |
| Share buybacks | $24.8m | — |
| Employees | — | — |
| Market value | $312m | $468m |
| Price vs our value range | — | — |
| Moat score | 45 (Moderate) | 37 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 1 sales |