Increased Cash Returns to Shareholders
Weyerhaeuser returned $735 million of cash to shareholders in 2024, including $153 million in share repurchases and an increase in the base dividend by more than 5%.
Strong Performance in Natural Climate Solutions
The Natural Climate Solutions business achieved $84 million in adjusted EBITDA, a 79% increase from 2023, driven by conservation, mitigation banking, and renewables.
Expansion in Engineered Wood Products
Weyerhaeuser plans to invest $500 million in a new TimberStrand facility in Arkansas, expected to generate over $100 million in annual adjusted EBITDA once operational in 2027.
Record Adjusted EBITDA for Real Estate and ENR
The segment generated $349 million of adjusted EBITDA for 2024, exceeding initial expectations and driven by high-value transactions in the real estate business.
Lumber and OSB Pricing Improvements
Wood Products adjusted EBITDA increased by 77% compared to the third quarter, driven by higher lumber and OSB prices.