Weyerhaeuser (WY) FY2024 results: revenue $7.1 billion, down 7.2% on the year
Weyerhaeuser Co. (WY) reported revenue of $7.1 billion for fiscal 2024, the year ended 31 December 2024, down 7.2% on the year before. Net income was $396 million, down 52.8%, and diluted earnings per share $0.54. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$7.1 billion
-7.2% on the year
FY2017FY2024
Operating margin
9.6%
15.5% a year earlier
FY2017FY2024
Net income
$396 million
-52.8% on the year
FY2017FY2024
Diluted EPS
$0.54
-53.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,008
1,433
2,832
-29.7%
Capital expenditure
52.0
57.0
53.0
-8.8%
Free cash flow
956
1,376
2,779
-30.5%
Free cash flow margin
13.4%
17.9%
27.3%
Cash from investing
-636
-508
-759
Cash from financing
-852
-1,342
-2,491
Depreciation and amortisation
502
500
480
+0.4%
Share-based compensation
43.0
36.0
33.0
+19.4%
Buybacks
154
131
543
+17.6%
Dividends paid
684
1,216
1,617
-43.8%
Dividend per share
$0.94
$1.66
$2.17
-43.4%
Diluted shares, weighted
729m
732m
743m
-0.4%
Shares outstanding at period end
726m
730m
733m
-0.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
9,721
10,236
10,749
-5.0%
Debt
5,076
5,069
5,053
+0.1%
Operating lease liabilities
121
96.0
91.0
+26.0%
Finance lease liabilities
8.0
7.0
5.0
+14.3%
Other liabilities
1,610
1,575
1,442
+2.2%
Total liabilities and equity
16,536
16,983
17,340
-2.6%
Fixed assets
2,329
2,269
2,171
+2.6%
Investments
n/a
n/a
0.0
Cash and equivalents
684
1,164
1,581
-41.2%
Receivables
306
354
357
-13.6%
Inventory
607
566
550
+7.2%
Other assets
12,610
12,630
12,681
-0.2%
Total assets
16,536
16,983
17,340
-2.6%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.