Weyerhaeuser Co. Files Q1 2024 10-Q
Ticker: WY · Form: 10-Q · Filed: 2024-04-26T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, real-estate, timber, financials
TL;DR
Weyerhaeuser's Q1 2024 10-Q is in, check the Timberlands and REENR segments for the latest numbers.
AI Summary
Weyerhaeuser Co. reported its first quarter 2024 results for the period ending March 31, 2024. The company's financial performance is detailed across its various business segments, including Timberlands and Real Estate, Energy & Natural Resources (REENR). Specific financial figures and operational details for these segments are provided within the filing.
Why It Matters
This filing provides investors with the latest financial performance data for Weyerhaeuser Co., crucial for understanding the company's operational health and strategic direction in the real estate and timber sectors.
Risk Assessment
Risk Level: medium — The company operates in cyclical industries (real estate and timber) which are subject to market fluctuations and economic conditions.
Key Numbers
- 2024-03-31 — Reporting Period End (Quarterly financial data)
- 2024-01-01 — Reporting Period Start (Quarterly financial data)
- 2023-12-31 — Previous Year End (Comparative financial data)
- 2022-12-31 — Prior Year End (Comparative financial data)
Key Players & Entities
- WEYERHAEUSER CO (company) — Filer
- 20240331 (date) — Reporting Period End Date
- 20240426 (date) — Filing Date
- SEATTLE (location) — Business and Mail Address City
- WA (location) — Business and Mail Address State
- 206-539-3000 (phone_number) — Business Phone
FAQ
What were the key business segments reported in the Q1 2024 10-Q?
The key business segments reported include Timberlands, Wood Products, and Real Estate, Energy & Natural Resources (REENR).
What is the fiscal year end for Weyerhaeuser Co.?
Weyerhaeuser Co.'s fiscal year ends on December 31.
When was this 10-Q filing submitted?
This 10-Q filing was submitted on April 26, 2024.
What is the SIC code for Weyerhaeuser Co.?
The Standard Industrial Classification (SIC) code for Weyerhaeuser Co. is 6798, which corresponds to Real Estate Investment Trusts.
What is the company's primary business address?
The company's primary business address is 220 Occidental Avenue South, Seattle, WA 98104.
From the Filing
0000950170-24-049224.txt : 20240426 0000950170-24-049224.hdr.sgml : 20240426 20240426163417 ACCESSION NUMBER: 0000950170-24-049224 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 69 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240426 DATE AS OF CHANGE: 20240426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEYERHAEUSER CO CENTRAL INDEX KEY: 0000106535 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 910470860 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-04825 FILM NUMBER: 24884462 BUSINESS ADDRESS: STREET 1: 220 OCCIDENTAL AVENUE SOUTH CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: 206-539-3000 MAIL ADDRESS: STREET 1: 220 OCCIDENTAL AVENUE SOUTH CITY: SEATTLE STATE: WA ZIP: 98104 10-Q 1 wy-20240331.htm 10-Q 10-Q Q1 false 0000106535 --12-31 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent 0000106535 srt:MaximumMember us-gaap:PerformanceSharesMember 2024-01-01 2024-03-31 0000106535 wy:LumberPlywoodOrientedStrandBoardFiberboardAndEngineeredWoodProductsMember 2023-12-31 0000106535 wy:WoodProductsMember wy:MediumdensityfiberboardMember 2024-01-01 2024-03-31 0000106535 us-gaap:OperatingSegmentsMember wy:REENRMember 2024-01-01 2024-03-31 0000106535 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000106535 2022-12-31 0000106535 wy:WestMember wy:DeliveredlogsMember wy:TimberlandsMember 2023-01-01 2023-03-31 0000106535 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2024-01-01 2024-03-31 0000106535 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000106535 wy:OtherproductsMember wy:TimberlandsMember 2024-01-01 2024-03-31 0000106535 wy:TwentyTwentyOneRepurchaseProgramMember 2023-01-01 2023-03-31 0000106535 wy:WestMember wy:DeliveredlogsMember wy:ExportSalesMember wy:TimberlandsMember 2024-01-01 2024-03-31 0000106535 wy:REENRMember 2024-01-01 2024-03-31 0000106535 wy:DeliveredlogsMember wy:TimberlandsMember 2024-01-01 2024-03-31 0000106535 wy:InventoryRawMaterialsandSuppliesMember 2024-03-31 0000106535 us-gaap:RetainedEarningsMember 2024-03-31 0000106535 us-gaap:RetainedEarningsMember 2023-03-31 0000106535 us-gaap:EmployeeStockOptionMember 2024-01-01 2024-03-31 0000106535 us-gaap:CommonStockMember 2022-12-31 0000106535 wy:AccumulatedPensionPlansDefinedBenefitPlansAdjustmentMember 2023-12-31 0000106535 wy:TimberlandsMember wy:RecreationalandotherleaserevenueMember 2024-01-01 2024-03-31 0000106535 wy:REENRMember wy:RealestatesalesMember 2024-01-01 2024-03-31 0000106535 wy:InventoryOtherProductsMember 2024-03-31 0000106535 wy:InventoryOtherProductsMember 2023-12-31 0000106535 wy:LogsAndChipsMember 2024-03-31 0000106535 wy:TwentyTwentyOneRepurchaseProgramMember 2021-09-22 0000106535 wy:TimberlandsMember us-gaap:IntersegmentEliminationMember 2023-01-01 2023-03-31 0000106535 wy:StructurallumberMember wy:WoodProductsMember 2024-01-01 2024-03-31 0000106535 wy:AccumulatedPensionPlansDefinedBenefitPlansAdjustmentMember 2022-12-31 0000106535 us-gaap:RevolvingCreditFacilityMember 2020-01-01 2020-01-31 0000106535 us-gaap:OperatingSegmentsMember wy:WoodProductsMember 2023-01-01 2023-03-31 0000106535 wy:REENRMember wy:RealestatesalesMember 2023-01-01 2023-03-31 0000106535 wy:AccumulatedTranslationAdjustmentAndOtherMember 2023-01-01 2023-03-31 0000106535 us-gaap:EmployeeStockOptionMember 2024-01-01 2024-03-31 0000106535 us-gaap:OperatingSegmentsMember wy:WoodProductsMember 2024-01-01 2024-03-31 0000106535 wy:InventoryRawMaterialsandSuppliesMember 2023-12-31 0000106535 us-gaap:PerformanceSharesMember 2024-03-31 0000106535 wy:EnergyandnaturalresourcesproductsMember wy:REENRMember 2024-01-01 2024-03-31 0000106535 wy:EngineeredIjoistsMember wy:WoodProductsMember 2024-01-01 2024-03-31 0000106535 us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-03-31 0000106535 wy:OtherproductsMember wy:WoodProductsMember 2023-0