| Market Capitalization (Millions $) |
3,250 |
| Shares
Outstanding (Millions) |
78 |
| Employees |
1,384 |
| Revenues (TTM) (Millions $) |
1,116 |
| Net Income (TTM) (Millions $) |
64 |
| Cash Flow (TTM) (Millions $) |
-67 |
| Capital Exp. (TTM) (Millions $) |
26 |
Business Description
PotlatchDeltic Corporation is a leading real estate investment trust (REIT) that owns and manages timberland and manufactures wood products. The company was formed in February 2018 through a merger between Potlatch Corporation and Deltic Timber Corporation. The merged company has a diversified portfolio of more than 2 million acres of timberland located in the United States.
PotlatchDeltic Corporation operates in three primary business segments: Resource, Wood Products, and Real Estate. The Resource segment accounts for the majority of the company's revenue and includes timber harvesting, timber sales, and various forestry services. The Wood Products segment manufactures lumber, plywood, and other wood-based products, which are sold to wholesalers, retailers, and construction companies. The Real Estate segment develops and sells residential and commercial real estate properties, primarily in rural areas.
The company's timberlands are located primarily in Idaho, Minnesota, Mississippi, and Arkansas, and are managed sustainably in compliance with Forest Stewardship Council (FSC) certification standards. The timberlands are also certified by the Sustainable Forestry Initiative (SFI) and the Program for the Endorsement of Forest Certification (PEFC).
PotlatchDeltic Corporation has a strong commitment to sustainability and environmental stewardship. The company actively engages in reforestation efforts, biodiversity protection, and water quality management. PotlatchDeltic Corporation also partners with various conservation organizations and agencies to protect and enhance forest ecosystems.
In addition to its environmental efforts, PotlatchDeltic Corporation is committed to being an ethical and responsible corporate citizen. The company actively engages with local communities and stakeholders, providing employment opportunities and supporting local initiatives. PotlatchDeltic Corporation also adheres to rigorous ethical standards and promotes transparency and accountability in all of its business practices.
Overall, PotlatchDeltic Corporation is a well-established and highly respected company that plays a critical role in sustainable forest management, wood product manufacturing, and rural real estate development. The company's strong commitment to sustainability, responsible corporate citizenship, and ethical business practices make it a valuable partner and leader in the industry.
Company Address: 601 West First Avenue Spokane 99201 WA
Company Phone Number: 835-1500 Stock Exchange / Ticker: NASDAQ PCH
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