Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $7,532 | $10,201 | $10,184 | $7,674 | $7,124 |
| Gross Profit | $2,085 | $4,098 | $3,620 | $1,682 | $1,313 |
| Operating Income | $1,710 | $3,643 | $3,080 | $1,186 | $685 |
| Net Income | $797 | $2,607 | $1,880 | $839 | $396 |
Over the five-year period, Weyerhaeuser’s income statement shows significant variability. In 2021, the company experienced robust growth compared to 2020. Revenue increased roughly 35% from USD 7,532 million to USD 10,201 million, while gross profit nearly doubled from USD 2,085 million to USD 4,098 million. Operating income surged from USD 1,710 million to USD 3,643 million, and net income more than tripled from USD 797 million to USD 2,607 million. These substantial year-over-year increases (exceeding 20% in all key metrics) suggest that 2021 was marked by favorable market conditions, improved operational efficiencies, and possibly strong commodity pricing in the timber and forest products industry. However, the subsequent years reveal a marked deterioration. In 2022, revenue remained nearly flat, yet gross profit, operating income, and net income declined by approximately 12%, 15%, and 28% respectively. The downward trend steepened in 2023 and 2024, with revenue dropping to USD 7,674 million in 2023 and further to USD 7,124 million in 2024. Corresponding declines in gross profit (to USD 1,682 million in 2023 and to USD 1,313 million in 2024) and even steeper percentage falls in both operating income and net income (over 50% decline from the peak in 2021) raise concerns about margin compression and operational challenges. Overall, while the dramatic improvement in 2021 underscores periods of strong performance, the subsequent successive declines indicate a potential erosion of financial strength and sustainability. This trend suggests a need for in-depth analysis to understand underlying cost pressures, shifts in market demand, or strategic repositioning in the cyclical timber sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.