RAYONIER ADVANCED MATERIALS INC.
RYAM · Pulp Mills · 67.4M shares · +5%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $371K (gross $7M, SBC $7M)
Reference price $4.71 · est. market cap ~$318M — last insider purchase, 2025-08-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D49Cellulose specialties producer posting a loss year with negative returns, plant closures, and a heavy debt load.
Strengths
- Differentiated, high-barrier cellulose specialties franchise with long-qualification customer ties
- Low reported debt-to-equity and end-market diversity cushion the core specialties segment
Risks
- Net margin -28.7% and ROE -1.33 (9th pct); ROA -23.9% reflect a clear loss year
- $779M total debt with covenant constraints and permanent Temiscaming DWP closure
- Commodity viscose/high-yield pulp oversupply and tobacco-linked acetate demand decline
Notable findings
- Restatement23 Table of Contents Certain provisions in our amended and restated certificate of incorporation and bylaws, as well as Delaware law, could prevent or delay an acquisition of RYAM, which could d 8-K ↗
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -28.7%)
- Revenue declineRevenue -23.6% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
8.1%
Operating margin
0.3%
Net margin
-28.7%
Return on equity
-132.9%
Return on assets
-23.9%
ROIC
1.0%
Revenue growth (QoQ)
-23.6%
Debt / equity
0.1×
Net debt / EBITDA
-0.4×
Current ratio
1.6×
EBITDA
$138M
Tangible book value
$313M
Cash & investments
$75M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-14 | Bowen Eric | Option exercise | 16K | — |
| 2026-05-14 | Smith Ivona | Option exercise | 16K | — |
| 2026-05-14 | PALUMBO LISA M | Option exercise | 16K | — |
| 2026-05-14 | Yokley Bryan D | Option exercise | 16K | — |
| 2026-05-14 | Mariano David C | Option exercise | 16K | — |
| 2026-05-14 | Kirsch James F | Option exercise | 16K | — |
| 2026-05-14 | Eggert Charles R | Option exercise | 16K | — |
| 2026-05-14 | Dill Julie | Option exercise | 16K | — |
| 2026-03-03 | Gingras Marie Manon Lise | Tax withheld | 570 | $9.37 |
| 2026-03-03 | Duffy Kenneth James | Grant | 4.1K | — |
| 2026-03-03 | Duffy Kenneth James | Tax withheld | 2.2K | $9.37 |
| 2026-03-03 | Rollins Jared Timothy | Grant | 2.5K | — |
| 2026-03-03 | Rollins Jared Timothy | Tax withheld | 732 | $9.37 |
| 2026-03-03 | Slaughter Richard Colby | Grant | 17K | — |
| 2026-03-03 | Slaughter Richard Colby | Tax withheld | 4.2K | $9.37 |
| 2026-03-03 | Osborne Michael D | Grant | 13K | — |
| 2026-03-03 | Brown Timothy Andrew | Grant | 2.1K | — |
| 2026-03-03 | Brown Timothy Andrew | Tax withheld | 611 | $9.37 |
| 2026-03-03 | Osborne Michael D | Tax withheld | 3.3K | $9.37 |
| 2026-03-03 | Ribeyrolle Christian Antoine Lucien | Grant | 4.1K | — |
| 2026-03-03 | Moeltner Marcus J. | Grant | 27K | — |
| 2026-03-03 | Moeltner Marcus J. | Tax withheld | 11K | $9.37 |
| 2026-03-03 | Gingras Marie Manon Lise | Grant | 1.9K | — |
| 2026-03-01 | Moeltner Marcus J. | Tax withheld | 10K | $9.47 |
| 2026-03-01 | Slaughter Richard Colby | Tax withheld | 4.5K | $9.47 |
| 2026-03-01 | Slaughter Richard Colby | Option exercise | 16K | — |
| 2026-03-01 | Slaughter Richard Colby | Tax withheld | 3.8K | $9.47 |
| 2026-03-01 | Rollins Jared Timothy | Option exercise | 5.4K | — |
| 2026-03-01 | Rollins Jared Timothy | Tax withheld | 1.6K | $9.47 |
| 2026-03-01 | Ribeyrolle Christian Antoine Lucien | Option exercise | 8.9K | — |
| 2026-03-01 | Osborne Michael D | Option exercise | 13K | — |
| 2026-03-01 | Osborne Michael D | Tax withheld | 3.7K | $9.47 |
| 2026-03-01 | Moeltner Marcus J. | Option exercise | 25K | — |
| 2026-03-01 | Moeltner Marcus J. | Tax withheld | 9.7K | $9.47 |
| 2026-03-01 | Gingras Marie Manon Lise | Option exercise | 4.2K | — |
| 2026-03-01 | Gingras Marie Manon Lise | Tax withheld | 1.2K | $9.47 |
| 2026-03-01 | Duffy Kenneth James | Option exercise | 8.9K | — |
| 2026-03-01 | Duffy Kenneth James | Tax withheld | 4.7K | $9.47 |
| 2026-03-01 | Brown Timothy Andrew | Option exercise | 4.5K | — |
| 2026-03-01 | Brown Timothy Andrew | Tax withheld | 1.3K | $9.47 |
| 2025-08-12 | Bloomquist DeLyle W | Buy | 54K | $4.71 |
| 2025-05-16 | Bloomquist DeLyle W | Buy | 63K | $3.95 |
| 2025-05-16 | Yokley Bryan D | Option exercise | 16K | — |
| 2025-05-16 | Smith Ivona | Option exercise | 16K | — |
| 2025-05-16 | PALUMBO LISA M | Option exercise | 16K | — |
| 2025-05-16 | Mariano David C | Option exercise | 16K | — |
| 2025-05-16 | Kirsch James F | Option exercise | 16K | — |
| 2025-05-16 | Eggert Charles R | Option exercise | 16K | — |
| 2025-05-16 | Dill Julie | Option exercise | 16K | — |
| 2025-05-14 | Bowen Eric | Option exercise | 11K | — |
| 2025-04-10 | Osborne Michael D | Tax withheld | 6.4K | $4.76 |
| 2025-04-10 | Osborne Michael D | Option exercise | 26K | — |
| 2025-03-04 | Ribeyrolle Christian Antoine Lucien | Grant | 10K | — |
| 2025-03-04 | Posze James L Jr | Grant | 50K | — |
| 2025-03-04 | Posze James L Jr | Tax withheld | 19K | $7.48 |
| 2025-03-04 | Moeltner Marcus J. | Grant | 83K | — |
| 2025-03-04 | Moeltner Marcus J. | Tax withheld | 33K | $7.48 |
| 2025-03-04 | Duffy Kenneth James | Grant | 10K | — |
| 2025-03-04 | Duffy Kenneth James | Tax withheld | 5.5K | $7.48 |
| 2025-03-04 | Slaughter Richard Colby | Grant | 29K | — |
| 2025-03-04 | Bloomquist DeLyle W | Tax withheld | 96K | $7.48 |
| 2025-03-04 | McGuire Whitney K | Grant | 2.9K | — |
| 2025-03-04 | McGuire Whitney K | Tax withheld | 860 | $7.48 |
| 2025-03-04 | Hicks Joshua C. | Grant | 54K | — |
| 2025-03-04 | Hicks Joshua C. | Tax withheld | 13K | $7.48 |
| 2025-03-04 | Garcia Gabriela | Grant | 6.4K | — |
| 2025-03-04 | Garcia Gabriela | Tax withheld | 1.9K | $7.48 |
| 2025-03-04 | Bloomquist DeLyle W | Grant | 243K | — |
| 2025-03-04 | Slaughter Richard Colby | Tax withheld | 7.1K | $7.48 |
| 2025-03-01 | Garcia Gabriela | Tax withheld | 2.6K | $7.70 |
| 2025-03-01 | Duffy Kenneth James | Tax withheld | 6.9K | $7.70 |
| 2025-03-01 | Bloomquist DeLyle W | Option exercise | 130K | — |
| 2025-03-01 | Bloomquist DeLyle W | Tax withheld | 32K | $7.70 |
| 2025-03-01 | Slaughter Richard Colby | Option exercise | 16K | — |
| 2025-03-01 | Slaughter Richard Colby | Tax withheld | 4.5K | $7.70 |
| 2025-03-01 | Ribeyrolle Christian Antoine Lucien | Option exercise | 13K | — |
| 2025-03-01 | Posze James L Jr | Option exercise | 27K | — |
| 2025-03-01 | Posze James L Jr | Tax withheld | 11K | $7.70 |
| 2025-03-01 | Moeltner Marcus J. | Option exercise | 44K | — |
| 2025-03-01 | Moeltner Marcus J. | Tax withheld | 18K | $7.70 |
| 2025-03-01 | McGuire Whitney K | Option exercise | 9.1K | — |
| 2025-03-01 | McGuire Whitney K | Tax withheld | 2.7K | $7.70 |
| 2025-03-01 | Hicks Joshua C. | Option exercise | 31K | — |
| 2025-03-01 | Hicks Joshua C. | Tax withheld | 8.2K | $7.70 |
| 2025-03-01 | Garcia Gabriela | Option exercise | 8.7K | — |
| 2025-03-01 | Duffy Kenneth James | Option exercise | 13K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-22 | 0001140361-26-025848 ↗ |
| 8-K | 2026-05-18 | 2026-05-13 | 0001597672-26-000019 ↗ |
| 8-K | 2026-05-14 | 2026-05-13 | 0001597672-26-000017 ↗ |
| 10-Q | 2026-05-06 | 2026-03-28 | 0001597672-26-000015 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001597672-26-000013 ↗ |
| 8-K | 2026-04-24 | 2026-04-24 | 0001140361-26-016749 ↗ |
| 8-K | 2026-04-21 | 2026-04-16 | 0001140361-26-015919 ↗ |
| 10-K | 2026-03-05 | 2025-12-31 | 0001597672-26-000010 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0001597672-26-000008 ↗ |
| 8-K | 2026-01-26 | 2026-01-26 | 0001597672-26-000006 ↗ |
| 8-K | 2026-01-12 | 2026-01-11 | 0001597672-26-000003 ↗ |
| 8-K | 2026-01-05 | 2026-01-02 | 0001140361-26-000258 ↗ |