Company
Weyerhaeuser Company
Headquarters: Seattle, WA, United States
Founded: 1900
Employees: 9,214
CEO: Mr. Devin W. Stockfish Esq., J.D.
Market Cap
$24.86 Billion
USD as of Jan. 1, 2024
Weyerhaeuser Company Categories
United States Real Estate REIT—SpecialtyUnited States Real Estate United States REIT—Specialty
Company Description
Weyerhaeuser Company is a real estate investment trust specializing in timberland. It is involved in the sustainable management of more than 12 million acres of timberland in the US, and more than 14 million acres in Canada, producing timber and wood products. Weyerhaeuser also manages the natural resources, energy, and real estate associated with its land.
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Industry: REIT—Specialty
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Detailed Description
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY.
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Stocks & Indices
Weyerhaeuser Company has the following listings and related stock indices.
Stock: NYSE: WY wb_incandescent
Stock: FSX: WHC wb_incandescent
Product & Services
Forest products
Key People
Founder(s): Friedrich Weyerhäuser
Devin Stockfish (CEO)
Financials
Revenue: US$7.53 billion (2020)
Operating income: US$2.201 billion (2020)
Net income: US$797 million (2020)
Total assets: US$16.356 billion (2020)
Total equity: US$8.731 billion (2020)