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Jun 30, 2021
PotlatchDeltic Q2 2021 Earnings Report
PotlatchDeltic reported record earnings driven by historic lumber prices.
Key Takeaways
PotlatchDeltic Corporation reported net income of $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended June 30, 2021. Lumber prices continued their historic run in the second quarter, driving another quarter of record financial performance.
Generated record Total Adjusted EBITDDA of $275.0 million and Total Adjusted EBITDDA margin of 61%
Historic lumber prices drove record Wood Products Adjusted EBITDDA of $204.6 million
Record Timberlands Adjusted EBITDDA of $77.2 million propelled by higher Idaho sawlog prices
Extended strong liquidity position to $891 million as of Q2 2021
PotlatchDeltic
PotlatchDeltic
PotlatchDeltic Revenue by Segment
Revenue by Segment
Timberlands Revenue
CapyFin.comWood Products Revenue
CapyFin.comReal Estate Revenue
CapyFin.com Forward Guidance
The company is very well positioned to continue growing shareholder value and execute on its disciplined capital allocation strategy, including paying a meaningful special dividend in the fourth quarter of 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income