Latest Ratios: P/E Ratio 51.8x · EV/EBITDA 22.5x · ROE 3.4%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16.8B | $17.1B | $20.5B | $25.5B | $23.0B | $30.9B | $25.1B | $22.5B | $16.5B | $26.7B | $21.7B |
| Enterprise Value | $21.9B | $22.2B | $24.9B | $29.4B | $26.5B | $34.2B | $30.1B | $28.8B | $22.9B | $32.4B | $28.2B |
| P/E Ratio → | 51.76 | 52.64 | 52.13 | 30.23 | 12.25 | 11.87 | 31.34 | — | 22.08 | 45.79 | 21.65 |
| P/S Ratio | 2.43 | 2.48 | 2.88 | 3.32 | 2.26 | 3.03 | 3.33 | 3.44 | 2.21 | 3.71 | 3.42 |
| P/B Ratio | 1.78 | 1.81 | 2.11 | 2.49 | 2.14 | 2.87 | 2.87 | 2.75 | 1.83 | 3.00 | 2.37 |
| P/FCF | 190.83 | 194.32 | 60.18 | 33.81 | 11.13 | 12.04 | 30.47 | 38.70 | 24.15 | 34.12 | 101.10 |
| P/OCF | 29.88 | 30.43 | 20.36 | 17.77 | 8.13 | 9.79 | 16.40 | 23.32 | 14.88 | 22.21 | 29.57 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.22 | 3.50 | 3.83 | 2.60 | 3.35 | 3.99 | 4.39 | 3.06 | 4.50 | 4.43 |
| EV / EBITDA | 22.49 | 22.80 | 21.01 | 17.43 | 7.45 | 8.29 | 13.79 | 24.80 | 12.16 | 19.59 | 20.32 |
| EV / EBIT | 47.10 | 41.67 | 35.83 | 24.14 | 10.30 | 9.42 | 21.11 | 174.53 | 19.34 | 29.18 | 30.14 |
| EV / FCF | — | 252.37 | 73.14 | 39.02 | 12.82 | 13.30 | 36.55 | 49.48 | 33.37 | 41.38 | 131.08 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.5% | 7.5% | 18.4% | 21.9% | 35.5% | 40.2% | 27.7% | 17.4% | 25.2% | 26.4% | 21.8% |
| Operating Margin | 6.7% | 6.7% | 9.6% | 15.5% | 30.2% | 35.7% | 22.7% | 9.9% | 18.6% | 15.7% | 12.9% |
| Net Profit Margin | 4.7% | 4.7% | 5.6% | 10.9% | 18.5% | 25.6% | 10.6% | -1.2% | 10.0% | 8.1% | 16.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.4% | 3.4% | 4.0% | 8.0% | 17.5% | 26.7% | 9.4% | -0.9% | 8.3% | 6.4% | 14.6% |
| ROA | 2.0% | 2.0% | 2.4% | 4.9% | 10.7% | 15.4% | 4.9% | -0.5% | 4.2% | 3.1% | 6.5% |
| ROIC | 2.4% | 2.4% | 3.6% | 6.3% | 16.4% | 19.7% | 9.1% | 3.3% | 7.0% | 5.6% | 5.0% |
| ROCE | 3.0% | 3.0% | 4.3% | 7.5% | 19.1% | 22.7% | 11.1% | 4.2% | 8.7% | 6.5% | 5.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.59 | 0.59 | 0.53 | 0.50 | 0.47 | 0.48 | 0.63 | 0.78 | 0.73 | 0.73 | 0.78 |
| Debt / EBITDA | 5.72 | 5.72 | 4.30 | 3.02 | 1.43 | 1.24 | 2.52 | 5.52 | 3.54 | 3.94 | 5.13 |
| Net Debt / Equity | — | 0.54 | 0.45 | 0.38 | 0.33 | 0.30 | 0.57 | 0.77 | 0.70 | 0.64 | 0.70 |
| Net Debt / EBITDA | 5.24 | 5.24 | 3.72 | 2.33 | 0.98 | 0.79 | 2.29 | 5.40 | 3.36 | 3.44 | 4.65 |
| Debt / FCF | — | 58.05 | 12.96 | 5.21 | 1.69 | 1.26 | 6.08 | 10.77 | 9.21 | 7.26 | 29.98 |
| Interest Coverage | 1.95 | 1.95 | 2.59 | 4.35 | 9.54 | 11.59 | 3.22 | 0.44 | 3.15 | 2.82 | 2.17 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.29 | 1.29 | 1.79 | 2.94 | 1.58 | 3.29 | 1.69 | 1.60 | 0.83 | 1.47 | 1.34 |
| Quick Ratio | 0.83 | 0.83 | 1.17 | 2.22 | 1.26 | 2.74 | 1.23 | 1.19 | 0.63 | 1.14 | 1.05 |
| Cash Ratio | 0.36 | 0.36 | 0.70 | 1.48 | 0.91 | 1.97 | 0.52 | 0.14 | 0.17 | 0.71 | 0.56 |
| Asset Turnover | — | 0.42 | 0.43 | 0.45 | 0.59 | 0.58 | 0.46 | 0.40 | 0.43 | 0.40 | 0.33 |
| Inventory Turnover | 10.77 | 10.77 | 9.57 | 10.59 | 11.93 | 11.74 | 12.30 | 13.01 | 14.38 | 13.83 | 13.91 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.6% | 3.5% | 3.3% | 4.8% | 7.0% | 2.9% | 1.5% | 4.5% | 6.0% | 3.5% | 4.3% |
| Payout Ratio | 187.0% | 187.0% | 172.7% | 144.9% | 86.0% | 33.9% | 47.8% | — | 133.0% | 161.7% | 90.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.9% | 1.9% | 1.9% | 3.3% | 8.2% | 8.4% | 3.2% | — | 4.5% | 2.2% | 4.6% |
| FCF Yield | 0.5% | 0.5% | 1.7% | 3.0% | 9.0% | 8.3% | 3.3% | 2.6% | 4.1% | 2.9% | 1.0% |
| Buyback Yield | 1.0% | 0.9% | 0.8% | 0.5% | 2.4% | 0.3% | 0.0% | 0.3% | 2.2% | 0.0% | 9.2% |
| Total Shareholder Yield | 4.6% | 4.5% | 4.1% | 5.3% | 9.4% | 3.2% | 1.5% | 4.8% | 8.2% | 3.5% | 13.5% |
| Shares Outstanding | — | $722M | $729M | $732M | $743M | $751M | $748M | $746M | $757M | $757M | $722M |
Cyclical housing market sensitivity
As reported in recent financial statements, Weyerhaeuser’s NOI margins have faced significant volatility, contracting from a peak of 20.8% in 2024Q2 to 18.4% in 2026Q1, which suggests that the company's manufacturing-heavy cost structure is struggling to maintain profitability amidst softening end-market demand for wood products.
The decline in NOI margins indicates that the company's vertical integration, while providing scale, exposes the REIT to industrial-style margin compression during cyclical downturns. Investors should monitor whether these margins stabilize or continue to erode as the company balances its timberland ownership with its transactional wood products manufacturing segment.
Based on the company's reported figures, the FFO payout ratio has fluctuated wildly, reaching a high of 103.8% in 2024Q1 and a negative AFFO reading in 2025Q4, which implies that the base-plus-variable dividend policy may be increasingly difficult to sustain during periods of prolonged housing market weakness.
The reliance on variable dividends is a prudent mechanism for managing cyclical cash flows, yet the recent inability to consistently cover AFFO suggests that the dividend may be at risk of reduction. The lack of a consistent buffer between AFFO and dividend distributions warrants further investigation into the company's long-term capital allocation priorities.
According to recent SEC filings, Weyerhaeuser has demonstrated a proactive approach to balance sheet management, with the debt-to-equity ratio dropping sharply to 0.04 in 2026Q1 from 0.59 in 2025Q4, suggesting a strategic effort to preserve financial flexibility during a period of significant macroeconomic uncertainty.
This rapid reduction in leverage appears to be a defensive maneuver intended to insulate the company from interest rate volatility and potential liquidity constraints. While the balance sheet appears healthy, the contraction in total assets suggests that the company is prioritizing capital preservation over aggressive expansion in the current environment.
As indicated by the company's 56.24x TTM P/E ratio, the market's reliance on standard industrial valuation metrics for Weyerhaeuser is deeply misleading, as it fails to account for the non-cash depletion charges that artificially depress earnings and obscure the underlying biological appreciation of the company's 11 million acres.
Investors should prioritize FFO and AFFO metrics over P/E, as the latter is heavily distorted by GAAP accounting treatments that do not reflect the true economic value of timberland. Relying on P/E likely leads to an inaccurate assessment of the company's valuation, as it ignores the unique, long-term growth potential of the biological asset base.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying WY stock.
Weyerhaeuser Company's current P/E ratio is 51.8x. The historical average is 48.4x. This places it at the 63th percentile of its historical range.
Weyerhaeuser Company's current EV/EBITDA is 22.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.8x.
Weyerhaeuser Company's return on equity (ROE) is 3.4%. The historical average is 8.6%.
Based on historical data, Weyerhaeuser Company is trading at a P/E of 51.8x. This is at the 63th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Weyerhaeuser Company's current dividend yield is 3.60% with a payout ratio of 187.0%.
Weyerhaeuser Company has 7.5% gross margin and 6.7% operating margin.
Weyerhaeuser Company's Debt/EBITDA ratio is 5.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.