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Eucalyptus deglupta (Rainbow Eucalyptus) originates from the rainforests of Mindanao, which is the southernmost and easternmost island in the Philippine island group. It is a gorgeous, columnar, tall tree with peeling bark that displays a rainbow of colors. In nature, it can reach 220ft, however normally averages around 80 ft tall. It is a fast grower, though it can be kept to a much smaller size if desired. Generally likes a lot of water and naturally grows in a rain-forest environment. Prefers a humid, cooler tropical climate, unlike Eucalyptus species native to Australia.

This species is hardy to 26-28F, but only for brief periods; will not stand intense or prolonged frosts. This means that the tree is a tropical grower and as such can be grown outdoors only in Florida and perhaps southern Texas and southern California.

Planted as an ornamental street tree in tropical regions for its beautiful bark and stately appearance. The heartwood is red and is used as a timber and ornamental wood. Leaves have pleasant spicy aroma provided by essential oils, like most eucalyptus plants; however it is not as strong in this species.