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Rayonier vs Sunstone Hotel Investors

Sunstone Hotel Investors is the larger business, with $960m of revenue in fiscal 2025 against $484m for Rayonier (2.0 times as much). Sunstone Hotel Investors grew faster (6.0% against -51.0%). Rayonier kept more of each dollar of sales as profit: a net margin of 97.9% against 0.9%. Rayonier carries less debt relative to equity (47.5% against 47.8%).

Latest fiscal yearRayonierRYN, 2025Sunstone Hotel InvestorsSHO, 2025
Revenue $484m $960m
Revenue growth -51.0% 6.0%
Net income $474m $8.2m
Operating margin 17.2% —
Net margin 97.9% 0.9%
Return on equity 23.8% 0.4%
Free cash flow $257m $78.7m
Cash $843m $109m
Total debt $1.05bn $930m
Debt to equity 47.5% 47.8%
Dividend per share $2.49 $0.36
Dividend yield — 3.5%
Share buybacks $2.9m $103m
Employees 285 37
Market value $5.89bn $2.39bn
Price vs our value range — Above our value range
Moat score 47 (Moderate) 44 (Weak)
Insider trades, 12 months 0 buys, 6 sales 0 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.