PotlatchDeltic Corporation, formerly known as Potlatch Corporation and also formerly known as Potlatch Holdings, Inc., was incorporated in Delaware in September 2005 to facilitate a restructuring to qualify for treatment as a REIT for federal income tax purposes. It is the successor to the business of the original Potlatch Corporation, which was incorporated in Maine in 1903. In 2018, Deltic Timber Corporation (Deltic) merged into a wholly-owned subsidiary of Potlatch. Following the merger, Potlatch changed its name to PotlatchDeltic Corporation. We are a leading timberland REIT with operations in nine states and ownership of 2.1 million acres of timberland in seven of those states. We also own six sawmills and an industrial grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 1.0B | 1.3B | 1.3B | 1.0B |
| Net Income | 64M | 22M | 62M | 334M | 424M | 167M |
| EPS | $0.82 | $0.28 | $0.77 | $4.58 | $6.26 | $2.47 |
| Free Cash Flow | 167M | 125M | 63M | 435M | 466M | 313M |
| ROIC | 3.6% | 1.2% | 3.1% | 14.4% | 27.1% | 15.5% |
| Gross Margin | 15.7% | 11.0% | 12.2% | 39.4% | 46.5% | 33.9% |
| Debt/Equity | 0.54 | 0.51 | 0.48 | 0.46 | 0.50 | 0.58 |
| Dividends/Share | $1.82 | $1.80 | $1.80 | $2.72 | $5.67 | $1.61 |
| Operating Income | 90M | 33M | 86M | 449M | 552M | 281M |
| Operating Margin | 8.0% | 3.1% | 8.4% | 33.7% | 41.2% | 27.0% |
| ROE | 3.4% | 1.0% | 2.9% | 14.8% | 27.8% | 12.8% |
| Shares Outstanding | 77M | 78M | 81M | 73M | 68M | 68M |
POTLATCHDELTIC CORP passes 2 of 9 quality checks, indicating weak fundamentals.
POTLATCHDELTIC CORP trades at 50.9x trailing earnings, compared to its 15-year median P/E of 15.5x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 19.3x vs a median of 9.7x. The company's 5-year average ROIC is 12.3% with a gross margin of 28.6%. Total shareholder yield (dividends + buybacks) is 6.4%. At current prices, the estimated annualized return to fair value is -11.2%.
POTLATCHDELTIC CORP (PCH) has a current P/E ratio of 50.9, compared to its historical median P/E of 15.5. The stock is currently considered Expensive based on its historical valuation range.
POTLATCHDELTIC CORP (PCH) has a 5-year average return on invested capital (ROIC) of 12.3%. This indicates solid capital allocation.
POTLATCHDELTIC CORP (PCH) has a market capitalization of $3.2B. It is classified as a mid-cap stock.
Yes, POTLATCHDELTIC CORP (PCH) pays a dividend with a trailing twelve-month yield of 4.35%. The company also returns capital through share buybacks, with a buyback yield of 2.10%.
Based on historical P/E analysis, POTLATCHDELTIC CORP (PCH) appears expensive. The current P/E of 50.9 is 229% above its historical median of 15.5. The estimated fair value CAGR (P/E method) is -17.4%.
POTLATCHDELTIC CORP (PCH) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
POTLATCHDELTIC CORP (PCH) reported annual revenue of $1.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
POTLATCHDELTIC CORP (PCH) has a net profit margin of 2.1%. This is a modest margin.
POTLATCHDELTIC CORP (PCH) generated $125 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
POTLATCHDELTIC CORP (PCH) has a debt-to-equity ratio of 0.51. This indicates moderate leverage.
POTLATCHDELTIC CORP (PCH) reported earnings per share (EPS) of $0.28 in its most recent fiscal year.
POTLATCHDELTIC CORP (PCH) has a return on equity (ROE) of 1.0%. This indicates moderate shareholder returns.
POTLATCHDELTIC CORP (PCH) has a 5-year average gross margin of 28.6%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for POTLATCHDELTIC CORP (PCH), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
POTLATCHDELTIC CORP (PCH) has a book value per share of $26.08, based on its most recent annual SEC filing.
No recent press releases.