Jun 30, 2021

Weyerhaeuser Q2 2021 Earnings Report

Weyerhaeuser reported record second quarter results, achieving record high Adjusted EBITDA and cash flow.

Key Takeaways

Weyerhaeuser reported record second quarter net earnings of $1.0 billion, or $1.37 per diluted share, on net sales of $3.1 billion. Adjusted EBITDA for the second quarter of 2021 was $1.6 billion. The company also generated record operating cash flow in the quarter and reduced long-term debt by another $225 million.

Achieved net earnings of $1.0 billion, or $1.37 per diluted share

Highest quarterly Adjusted EBITDA on record at $1.6 billion

Generated record cash flow from operations of over $1.3 billion

Outlook remains favorable for continued strength in residential construction

Total Revenue
$3.14B
Previous year: $1.63B
+92.8%
EPS
$1.37
Previous year: $0.11
+1145.5%
Gross Profit
$1.56B
Cash and Equivalents
$1.78B
Free Cash Flow
$1.24B
Total Assets
$17.8B

Weyerhaeuser

Weyerhaeuser

Weyerhaeuser Revenue by Segment

Forward Guidance

Weyerhaeuser anticipates third quarter earnings and Adjusted EBITDA will be significantly lower than the second quarter.

Revenue & Expenses

Visualization of income flow from segment revenue to net income