Mar 31

Weyerhaeuser Q1 2025 Earnings Report

Weyerhaeuser reported modest earnings with consistent performance across segments.

Key Takeaways

Weyerhaeuser generated $83 million in net income and $1.8 billion in revenue for Q1 2025. Despite a challenging economic environment, the company increased its dividend and posted higher adjusted EBITDA versus the previous quarter.

Net income reached $83 million with EPS of $0.11.

Revenue held steady at $1.8 billion, matching last year's Q1 level.

Adjusted EBITDA improved to $328 million, up from $294 million in Q4 2024.

Base dividend increased for the fourth consecutive year.

Total Revenue
$1.8B
Previous year: $1.8B
+0.2%
EPS
$0.11
Previous year: $0.16
-31.3%
Adjusted EBITDA
$328M
Previous year: $352M
-6.8%
Net Cash from Operations
$70M
Previous year: $124M
-43.5%
Adjusted FAD
-$7M
Previous year: $45M
-115.6%
Cash and Equivalents
$560M
Previous year: $871M
-35.7%
Free Cash Flow
-$7M
Previous year: $67M
-110.4%
Total Assets
$16.5B
Previous year: $16.8B
-1.4%

Weyerhaeuser

Weyerhaeuser

Weyerhaeuser Revenue by Segment

Weyerhaeuser Revenue by Geographic Location

Forward Guidance

Weyerhaeuser expects a mixed Q2 2025 with higher results in real estate but a slight decline in timberlands and wood products.

Positive Outlook

  • Anticipated $40M increase in real estate earnings before special items.
  • Expected $50M increase in real estate Adjusted EBITDA.
  • Stable or slightly higher lumber sales volumes.
  • Lower raw material costs for engineered wood products.
  • Slightly higher distribution results in wood products.

Challenges Ahead

  • Timberlands Adjusted EBITDA expected to decline by $15M.
  • Slightly lower sales realizations in the West for timberlands.
  • Seasonally higher forestry and road costs across regions.
  • Higher unit manufacturing costs for oriented strand board.
  • Increased planned downtime for OSB maintenance.