Weyerhaeuser(US:WY)2025-10-30 20:05Financial Performance - Net sales for Q3 2025 were $1,717 million, a decrease of 8.8% compared to Q2 2025's $1,884 million[1] - Gross margin for Q3 2025 was $204 million, down 37.1% from $325 million in Q2 2025[1] - Operating income for Q3 2025 was $123 million, a decline of 30.9% from $178 million in Q2 2025[1] - Net earnings for Q3 2025 were $80 million, compared to $87 million in Q2 2025, reflecting a decrease of 8.0%[1] - Adjusted EBITDA for Q3 2025 was $217 million, down 35.4% from $336 million in Q2 2025[3] - Year-to-date cash flows from operations totaled $676 million, down 14.4% from $790 million in the same period last year[8] - Year-to-date 2025 net sales totaled $3,872 million, slightly down from $3,958 million in the same period of 2024[18] - Operating loss for Q1 2025 was $(85) million, while Q2 2025 reported an operating loss of $(62) million, showing a reduction in losses quarter-over-quarter[25] - The company reported an operating loss of $(154) million for YTD 2025, an improvement from $(194) million for YTD 2024[25] Earnings and Dividends - Basic earnings per share for Q3 2025 were $0.11, unchanged from Q2 2025[2] - The company paid dividends of $0.21 per common share in Q3 2025, consistent with Q2 2025[2] - Cash dividends on common shares for Q3 2025 were $150 million, slightly down from $145 million in Q3 2024[8] Assets and Liabilities - Total current assets as of September 30, 2025, were $1,612 million, a decrease from $1,758 million at the end of Q2 2025[7] - Total liabilities increased to $7,230 million in Q3 2025 from $6,954 million in Q2 2025[7] - The company reported a total equity of $9,438 million as of September 30, 2025, down from $9,524 million at the end of Q2 2025[7] Segment Performance - Total net sales for Q3 2025 reached $536 million, up 8.7% from $493 million in Q3 2024[10] - Operating income for the Timberlands segment in Q3 2025 was $80 million, compared to $57 million in Q3 2024, reflecting a 40.4% increase[10] - The gross margin for the Timberlands segment in Q3 2025 was $107 million, compared to $83 million in Q3 2024, representing a 29% increase[10] - Adjusted EBITDA for the Timberlands segment in Q3 2025 was $148 million, up from $122 million in Q3 2024, indicating a 21.3% increase[10] - Real Estate segment net sales in Q3.2025 were $65 million, up 10.2% from $59 million in Q3.2024[17] - Energy and Natural Resources segment net sales in Q3.2025 were $38 million, an increase of 26.7% from $30 million in Q3.2024[17] Capital Expenditures - Capital expenditures for property and equipment in Q3 2025 amounted to $118 million, an increase from $89 million in Q3 2024[8] - Cash spent for capital expenditures in Q3.2025 was $88 million, consistent with the previous quarter and up from $72 million in Q3.2024[20] Cash Flow and Investments - The company reported a net cash from investing activities of $(521) million in Q3 2025, compared to $(161) million in Q3 2024[8] - Net charge to earnings for YTD 2025 was $(194) million, compared to $(183) million for YTD 2024, indicating a slight increase in losses[24] - Adjusted EBITDA for YTD 2025 was $(172) million, an improvement from $(188) million in YTD 2024[25] Special Items and Other Income - Special items included in operating loss for Q3 2025 amounted to $(26) million, which was not present in the previous year[26] - Interest income and other for YTD 2025 was $14 million, a decrease from $17 million in YTD 2024[24] - Foreign exchange gains for Q2 2025 were $2 million, while Q1 2025 reported no gains[24] - Unallocated corporate function and variable compensation expenses totaled $(120) million for YTD 2025, compared to $(107) million for YTD 2024[24]