Weyerhaeuser Reports Decline in Revenue and Profitability for Q2 2025

Weyerhaeuser Company reported its financial results for the second quarter and year-to-date periods ending June 30, 2025, revealing a decline in both revenue and profitability compared to the same periods in 2024. The company recorded net sales of $1.884 billion for the second quarter, a decrease of 3% from $1.939 billion in the prior year. Year-to-date net sales also fell by 2%, totaling $3.647 billion compared to $3.735 billion in 2024. Net earnings for the second quarter were $87 million, down 50% from $173 million in the same quarter last year, while year-to-date net earnings decreased by 41% to $170 million from $287 million.

The decline in revenue was primarily attributed to decreased sales realizations across most product lines in the Wood Products segment, which saw a $64 million drop in net sales. Additionally, the Timberlands segment experienced a $36 million decrease in net sales due to lower log sales realizations and volumes, particularly in the Western region. However, the Real Estate, Energy, and Natural Resources (ENR) segment reported a $45 million increase in net sales, driven by higher average prices per acre sold, despite a decrease in the number of acres sold.

Operationally, Weyerhaeuser's total assets decreased slightly to $16.478 billion as of June 30, 2025, from $16.536 billion at the end of 2024. The company’s cash and cash equivalents also fell to $592 million from $684 million. The company’s employee headcount remained stable, and it continued to invest in its operations, with capital expenditures totaling $200 million year-to-date, up from $170 million in the same period last year. Weyerhaeuser also announced the acquisition of 117,000 acres of timberlands in North Carolina and Virginia for approximately $375 million, expected to close in the third quarter of 2025.

Looking ahead, Weyerhaeuser anticipates continued challenges in the housing market due to elevated mortgage rates and reduced consumer confidence, which may impact demand for its products. Despite these challenges, the company remains optimistic about the long-term outlook for the U.S. housing construction market, supported by strong demographics and a decade of underbuilding. The company plans to maintain its capital structure and liquidity, with $1.75 billion available on its revolving credit facility, and aims to return value to shareholders through dividends and share repurchases.