Timberland’s Cash Yield vs. U.S. Treasuries: A 38-Year Gut Check

| no comments in Forest Finance & Economics, Timberlands

Introduction In December 2011, Forisk asked a simple question: how do timberland investment returns stack up against 10-year U.S. Treasuries, the classic “risk-free” benchmark? The answer then proved reassuring: over the 2001–2010 window, timberland investment vehicles, public and private, outperformed more…

Timberland Returns: Comparing the Drivers of Performance (1995–2025)

| comment (1) in Timberlands

The following is an excerpt from the Forisk Research Quarterly.   When evaluating timberland investment performance, we generally look at two drivers: EBITDDA (Earnings Before Interest, Taxes, Depreciation, Depletion, and Amortization), which represents the cash yield from operations, and Appreciation, more…

Forisk Timberland Transactions: 2025 Q2 Update

| no comments in Forest Finance & Economics, Timber REITs, Timberlands

This post includes data from Forisk’s North American Timberland Transactions Database and research from the Forisk Research Quarterly. For more information about the Forisk Research Quarterly, please contact Nick DiLuzio (ndiluzio@forisk.com).   In Q1 and Q2 2025, Forisk tracked 22 more…

North America’s Top Timberland Owners and Managers, 2025 Update

| no comments in Timber REITs, Timberlands

Co-authored by Joshua Uzu This post includes data from Forisk’s 2025 North American Timberland Owner & Manager List and the Q2 2025 Forisk Research Quarterly. Forisk has been tracking timberland transactions and aggregating timberland owner data since 2005. The 2025 edition of the North more…