Stocks · Basic Materials · Chemicals - Specialty
Rayonier Advanced Materials Inc. RYAM
$7.12 -3.00% Close, Oct 2, 2026 · NYSE · Market cap $480.2M
High risk
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 4.7× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- The stock is 39% below its highest close of the past year.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 17%
- Revenue growth, 3-year CAGRBottom 31%
- Revenue growth accelerationTop 14%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 24%
- Gross marginBottom 12%
- Operating marginBottom 19%
- Accruals (lower is better)Top 15%
- Net debt / EBITDA (lower is better)Bottom 19%
- Interest coverBottom 22%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 7%
- Free-cash-flow yieldBottom 15%
- EBITDA / enterprise valueTop 16%
- Sales / enterprise valueTop 17%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 48%
- 6-month returnBottom 15%
- 1-year return vs S&P 500Bottom 41%
- Distance from 52-week highBottom 32%
- Trend checklist (0–4)Bottom 26%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 14%
- Consecutive EPS beatsBottom 21%
- Share of analysts rating BuyBottom 27%
- Upside to consensus price targetBottom 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 33%
- Maximum drawdown, 3 yearsBottom 31%
- Beta vs S&P 500 (lower is better)Bottom 20%
- Net debt / EBITDA (lower is better)Bottom 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -10.6% | -3.6% | ↑ |
| Gross margin | 8.4% | 5.9% | ↓ |
| Operating margin | -1.2% | -3.5% | ↓ |
| FCF margin | -0.7% | -2.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -3.6% | -10.6% | ↑ | Bottom 17% |
| Gross margin | 5.9% | 8.4% | ↓ | Bottom 12% |
| Operating margin | -3.5% | -1.2% | ↓ | Bottom 19% |
| Net margin | -9.6% | -29.2% | ↑ | — |
| Free-cash-flow margin | -2.5% | -0.7% | ↓ | — |
| Return on invested capital | -3.6% | — | Bottom 24% | |
| Revenue growth, 3-year CAGR | -5.1% | — | Bottom 31% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -11.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +20.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.67×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.45%
- Shareholder yield
- 0.45%
- Share count change, 1 year
- +0.9%
- Share count change, 3-year CAGR
- +1.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -95.8%
- Average 2-day reaction, last 8
- -0.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $9.00
- Target vs current price
- +26.4%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 44%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -36.4% | -2.9% | -2.8% | -4.8% | — |
| May 5, 2026 | -96.8% | +3.3% | +2.7% | -3.2% | -0.3% |
| Mar 3, 2026 | -250.0% | -2.0% | +7.4% | +10.0% | -4.8% |
| Nov 4, 2025 | +0.0% | -2.5% | -6.7% | -4.6% | +15.8% |
| Aug 5, 2025 | -2620.0% | +2.7% | +19.8% | +50.7% | +90.6% |
| May 6, 2025 | -250.0% | -0.9% | -8.0% | -9.2% | -9.9% |
| Mar 5, 2025 | +16.7% | +0.1% | -27.9% | -24.5% | -47.3% |
| Nov 5, 2024 | +33.3% | +0.0% | +22.8% | +7.0% | -5.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | -$0.30 | -$0.22 | -36.4% | $376.0M |
| May 5, 2026 | -$1.22 | -$0.62 | -96.8% | $319.0M |
| Mar 3, 2026 | -$0.28 | -$0.08 | -250.0% | $417.0M |
| Nov 4, 2025 | -$0.07 | -$0.07 | +0.0% | $353.0M |
| Aug 5, 2025 | -$5.44 | -$0.20 | -2620.0% | $340.0M |
| May 6, 2025 | -$0.49 | -$0.14 | -250.0% | $356.0M |
| Mar 5, 2025 | -$0.10 | -$0.12 | +16.7% | $422.5M |
| Nov 5, 2024 | -$0.12 | -$0.18 | +33.3% | $401.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 7.8× | — | — | Top 16% |
| EV / Sales | 0.82× | — | — | Top 17% |
| Free-cash-flow yield | -7.68% | — | — | Bottom 15% |
| Earnings yield | -29.21% | — | — | Bottom 7% |
P/E over the past five years
Range 3.2× – 27.1× since Jun 26, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +2.8%
- 200-day average slope (20 days)
- +2.6%
- Distance from 50-day average
- -16.4%
- Distance from 200-day average
- -17.5%
- RSI (14)
- 29.2
- Relative volume
- 1.08×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 56.1%
- Volatility vs own 5-year history
- 38th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.45
- Correlation with S&P 500
- 0.35
- Current drawdown from 1-year high
- -39.4%
- Maximum drawdown, 3 years
- -63.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 15, 2021 | Jun 29, 2022 | -76.4% | 326 days | 922 days (Mar 4, 2026) |
| Mar 17, 2026 | Jul 9, 2026 | -40.0% | 78 days | Not yet recovered |
| Oct 21, 2020 | Oct 30, 2020 | -26.1% | 7 days | 11 days (Nov 16, 2020) |
| Dec 4, 2020 | Dec 21, 2020 | -24.9% | 11 days | 29 days (Feb 3, 2021) |
| Mar 1, 2021 | Mar 4, 2021 | -13.9% | 3 days | 7 days (Mar 15, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $480.2M
- EPS, diluted (TTM)
- -$2.08
- Revenue (TTM)
- $1.47B
- 52-week range
- $5.38 – $11.85
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.41B | $1.72B | $1.64B | $1.63B | $1.47B |
| Gross profit | $74.7M | $123.1M | $88.2M | $165.6M | $118.8M |
| Operating income | -$10.4M | $26.1M | -$65.3M | $39.5M | $11.2M |
| Net income | $66.4M | -$14.9M | -$101.8M | -$39.0M | -$422.5M |
| EPS (diluted) | $1.05 | -$0.23 | -$1.57 | -$0.59 | -$6.29 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $401.1M | $422.5M | $356.0M | $340.0M | $352.8M | $417.5M | $319.1M | $376.0M |
| Net income | -$32.6M | -$16.2M | -$32.0M | -$363.2M | -$4.9M | -$21.5M | -$81.6M | -$33.0M |
| EPS (diluted) | -$0.49 | -$0.25 | -$0.49 | -$5.44 | -$0.06 | -$0.31 | -$1.22 | -$0.49 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $233.2M | $68.8M | $136.3M | $203.6M | $24.0M |
| Capital expenditure | -$93.2M | -$138.2M | -$127.7M | -$107.9M | -$116.0M |
| Free cash flow | $140.0M | -$69.4M | $8.6M | $95.7M | -$92.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$1.4M | -$433,000 | -$5.4M | -$914,000 | -$3.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $57.0M
- Total assets
- $1.62B
- Total liabilities
- $1.41B
- Total debt
- $774.8M
- Net debt
- $717.8M
- Shareholders’ equity
- $194.8M
As of Jun 27, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jun 13, 2019 | $0.07 | Jun 28, 2019 |
| Mar 14, 2019 | $0.07 | Mar 29, 2019 |
| Dec 14, 2018 | $0.07 | Dec 31, 2018 |
| Sep 13, 2018 | $0.07 | Sep 28, 2018 |
| Jun 14, 2018 | $0.07 | Jun 29, 2018 |
| Mar 15, 2018 | $0.07 | Mar 30, 2018 |
| Dec 14, 2017 | $0.07 | Dec 29, 2017 |
| Sep 14, 2017 | $0.07 | Sep 29, 2017 |
Short interest
- Shares sold short
- 4,926,879
- Days to cover
- 7.62
- Change vs previous report
- +0.5%
FINRA short interest, settlement date Sep 15, 2026.