Weyerhaeuser Company (WY) Q2 2025 Financial Results Summary

# Weyerhaeuser Company (WY) Q2 2025 Financial Results Summary

Weyerhaeuser Company (NYSE: WY) released its second quarter financial results on July 24, 2025. Below is a summary of the company’s financial performance and operational highlights for Q2 2025.

## Financial Highlights

– **Net Sales**:
– **Q2 2025**: $1.884 billion
– **Q2 2024**: $1.939 billion
– **Change**: Decrease of **$55 million** (or **-2.84%** year-over-year)

– **Net Earnings**:
– **Q2 2025**: $87 million, or $0.12 per diluted share
– **Q2 2024**: $173 million, or $0.24 per diluted share
– **Change**: Decrease of **$86 million** (or **-49.70%** year-over-year)

– **Net Earnings before Special Items**:
– **Q2 2025**: $87 million
– **Q2 2024**: $154 million
– **Change**: Decrease of **$67 million** (or **-43.51%** year-over-year)

– **Adjusted EBITDA**:
– **Q2 2025**: $336 million
– **Q2 2024**: $410 million
– **Change**: Decrease of **$74 million** (or **-18.05%** year-over-year)

– **Net Cash from Operations**:
– **Q2 2025**: $396 million
– **Q2 2024**: $432 million
– **Change**: Decrease of **$36 million** (or **-8.33%** year-over-year)

– **Adjusted Funds Available for Distribution (Adjusted FAD)**:
– **Q2 2025**: $311 million
– **Q2 2024**: $316 million
– **Change**: Decrease of **$5 million** (or **-1.58%** year-over-year)

## Segment Performance

### Timberlands
– **Net Sales**:
– **Q2 2025**: $529 million
– **Q1 2025**: $534 million
– **Change**: Decrease of **$5 million** (or **-0.94%**)

– **Net Contribution to Pretax Earnings**:
– **Q2 2025**: $88 million
– **Q1 2025**: $102 million
– **Change**: Decrease of **$14 million** (or **-13.73%**)

– **Adjusted EBITDA**:
– **Q2 2025**: $152 million
– **Q1 2025**: $167 million
– **Change**: Decrease of **$15 million** (or **-8.99%**)

### Real Estate, Energy & Natural Resources
– **Net Sales**:
– **Q2 2025**: $154 million
– **Q1 2025**: $94 million
– **Change**: Increase of **$60 million** (or **63.83%**)

– **Net Contribution to Pretax Earnings**:
– **Q2 2025**: $106 million
– **Q1 2025**: $56 million
– **Change**: Increase of **$50 million** (or **89.29%**)

– **Adjusted EBITDA**:
– **Q2 2025**: $143 million
– **Q1 2025**: $82 million
– **Change**: Increase of **$61 million** (or **74.39%**)

### Wood Products
– **Net Sales**:
– **Q2 2025**: $1.357 billion
– **Q1 2025**: $1.287 billion
– **Change**: Increase of **$70 million** (or **5.44%**)

– **Net Contribution to Pretax Earnings**:
– **Q2 2025**: $46 million
– **Q1 2025**: $106 million
– **Change**: Decrease of **$60 million** (or **-56.60%**)

– **Adjusted EBITDA**:
– **Q2 2025**: $101 million
– **Q1 2025**: $161 million
– **Change**: Decrease of **$60 million** (or **-37.27%**)

## Share Repurchase and Dividends
– **Share Repurchase**:
– Completed approximately **$125 million** of share repurchase in the first half of 2025.
– Announced a new **$1 billion** authorization for share repurchase in Q2 2025.

– **Dividend Declaration**: No dividends were explicitly mentioned in the report for Q2 2025.

## Outlook for Q3 2025
– Weyerhaeuser anticipates that Q3 earnings before special items and Adjusted EBITDA will be approximately **$10 million lower** than in Q2 2025.
– Segment-specific expectations include:
– **Timberlands**: Slightly higher fee harvest volumes but lower sales realizations, and increased operating costs.
– **Real Estate**: Anticipates a **decrease of approximately $60 million** in earnings compared to Q2 2025.
– **Wood Products**: Expected to be comparable to Q2 outcomes, excluding changes in sales realizations for products.

## Conclusion
Weyerhaeuser’s Q2 2025 results reflect a challenging operating environment, with significant declines in net earnings and adjusted EBITDA compared to the previous year. The company is focused on enhancing shareholder value through aggressive share repurchase programs while navigating economic uncertainties ahead.

### CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in millions)

### CONDENSED CONSOLIDATED BALANCE SHEETS (in millions)