Ryder System Financials

R Stock  USD 118.61  2.90  2.51%   
Based on the analysis of Ryder System's profitability, liquidity, and operating efficiency, Ryder System may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, Ryder System's Intangible Assets are relatively stable compared to the past year. As of 03/28/2024, Property Plant And Equipment Gross is likely to grow to about 19 B, while Short and Long Term Debt Total is likely to drop slightly above 3.8 B. Key indicators impacting Ryder System's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.672.9101
Way Down
Pretty Stable
Current Ratio0.81.0963
Way Down
Pretty Stable
The financial analysis of Ryder System is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Ryder System includes many different criteria found on its balance sheet. For example, investors should never minimize Ryder System's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Ryder System's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Ryder System.

Cash And Equivalents

322.4 Million

With this module, you can analyze Ryder financials for your investing period. You should be able to track the changes in Ryder System individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Ryder System Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ryder System's financial statements are interrelated, with each one affecting the others. For example, an increase in Ryder System's assets may result in an increase in income on the income statement.
Evaluating Ryder System's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Ryder System's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Ryder System's relative financial performance

Chance Of Distress

Less than 32

 
100  
 
Zero
Below Average
Ryder System has less than 32 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Ryder System stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Ryder System's odds of distress score SHOULD NOT be confused with the real chance of Ryder System filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Ryder is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Ryder System's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Ryder System's official financial statements usually reflect Ryder System's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ryder System. For example, before you start analyzing numbers published by Ryder accountants, it's critical to develop an understanding of what Ryder System's liquidity, profitability, and earnings quality are in the context of the Ground Transportation space in which it operates.
Please note, the presentation of Ryder System's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ryder System's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ryder System's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ryder System. Please utilize our Beneish M Score to check the likelihood of Ryder System's management manipulating its earnings.

Ryder System Company Summary

Ryder System competes with Air Lease, Vestis, Triton International, Triton International, and Triton International. Ryder System, Inc. operates as a logistics and transportation company worldwide. Ryder System, Inc. was founded in 1933 and is headquartered in Miami, Florida. Ryder System operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 42800 people.
Specialization
Industrials, Rental & Leasing Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000085961
ISINUS7835491082
CUSIP783549108
RegionNorth America
LocationFlorida; U.S.A
Business Address2333 Ponce de
SectorGround Transportation
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.ryder.com
Phone305 500 3726
CurrencyUSD - US Dollar
You should never invest in Ryder System without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ryder Stock, because this is throwing your money away. Analyzing the key information contained in Ryder System's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ryder System Key Financial Ratios

Generally speaking, Ryder System's financial ratios allow both analysts and investors to convert raw data from Ryder System's financial statements into concise, actionable information that can be used to evaluate the performance of Ryder System over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ryder System reports annually and quarterly.

Ryder System Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets14.5B12.9B13.8B14.4B15.8B8.4B
Other Current Liab(598.5M)130.5M(591.3M)(602M)(829M)(787.6M)
Net Debt7.9B6.5B6.3B7.6B6.9B3.7B
Retained Earnings2.2B1.9B2.3B2.5B2.6B1.3B
Cash73.6M151.3M234M267M204M121.5M
Net Receivables1.2B1.2B1.5B1.6B1.7B1.8B
Inventory80.8M61.2M68.7M78M(1.7B)(1.6B)
Other Current Assets1.5B1.4B2.2B1.9B2.1B2.2B
Total Liab12.0B10.7B11.0B11.5B12.7B6.6B
Total Current Assets1.6B1.6B2.5B2.2B2.3B1.4B
Short Term Debt1.2B595.4M1.4B1.5B1.8B1.9B
Intangible Assets50.9M43.2M170.2M295M396M415.8M
Accounts Payable594.7M547.4M747.9M767M833M481.5M
Common Stock26.6M26.9M26.9M23M22M20.9M
Other Liab2.5B2.5B2.6B2.6B3.0B3.1B
Long Term Debt6.8B6.6B5.2B6.4B5.5B4.0B
Good Will475.0M475.2M570.9M861M940M987M
Net Tangible Assets2.0B1.7B2.1B1.8B2.0B1.8B
Long Term Debt Total6.8B6.1B5.2B5.0B5.8B5.1B
Capital Surpluse1.1B1.1B1.2B1.2B1.4B1.1B

Ryder System Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Ryder System's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense241.4M261.3M213.9M228M296M310.8M
Total Revenue8.9B8.4B9.7B12.5B11.8B6.7B
Gross Profit1.4B1.3B1.8B2.8B2.3B2.1B
Operating Income(1.7B)(1.9B)(1.1B)(385M)878M921.9M
Ebit(1.7B)(1.9B)(1.1B)(385M)878M921.9M
Ebitda295.8M235.7M681.5M1.4B2.6B2.8B
Cost Of Revenue7.6B7.1B7.9B9.6B9.5B10.0B
Income Before Tax(42.3M)(130.4M)692.6M1.2B618M648.9M
Net Income(23.3M)(112M)519M867M406M213.7M
Income Tax Expense(19M)(18.4M)171M353M212M222.6M
Tax Provision(19.0M)(18.4M)171.0M353M212M222.6M
Interest Income241.7M261.3M213.9M228M262.2M214.6M
Extraordinary Items(4.6M)(10.3M)(3.2M)4M3.6M3.4M
Net Interest Income(241.4M)(261.3M)(213.9M)(228M)(296M)(310.8M)

Ryder System Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Ryder System. It measures of how well Ryder is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ryder System brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ryder had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ryder System has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(1.3M)20.1M(7.5M)(9M)4M4.2M
Change In Cash5.5M77.7M522.0M(405M)(63M)(66.2M)
Free Cash Flow(1.6B)1.0B233.9M(321M)(881M)(837.0M)
Depreciation2.0B2.1B1.8B1.8B1.7B1.8B
Other Non Cash Items207.0M206.7M237.1M(116M)456M478.8M
Dividends Paid116.5M119.0M121.8M123M(128M)(121.6M)
Capital Expenditures3.7B1.1B1.9B2.6B3.2B1.8B
Net Income(23.3M)(112.0M)521.6M863M406M210.5M
End Period Cash Flow73.6M151.3M673.3M267M204M214.2M
Investments(3.2B)(601.0M)(1.4B)(1.9B)(2.3B)(2.2B)
Change Receivables27.1M(5.4M)(240.3M)(134M)(120.6M)(114.6M)
Net Borrowings(23.1M)(377.3M)259.5M134M120.6M126.6M
Change To Netincome(32.3M)(32.9M)126.2M266M239.4M251.4M

Ryder Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ryder System's current stock value. Our valuation model uses many indicators to compare Ryder System value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ryder System competition to find correlations between indicators driving Ryder System's intrinsic value. More Info.
Ryder System is rated second in short ratio category among related companies. It is rated second in cash flow from operations category among related companies making about  1,680,714,286  of Cash Flow From Operations per Short Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ryder System by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ryder System's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ryder System's earnings, one of the primary drivers of an investment's value.

Ryder System Systematic Risk

Ryder System's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ryder System volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Ryder System correlated with the market. If Beta is less than 0 Ryder System generally moves in the opposite direction as compared to the market. If Ryder System Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ryder System is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ryder System is generally in the same direction as the market. If Beta > 1 Ryder System moves generally in the same direction as, but more than the movement of the benchmark.

About Ryder System Financials

What exactly are Ryder System Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ryder System's income statement, its balance sheet, and the statement of cash flows. Potential Ryder System investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ryder System investors may use each financial statement separately, they are all related. The changes in Ryder System's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ryder System's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Ryder System Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ryder System is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ryder has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Ryder System's financials are consistent with your investment objective using the following steps:
  • Review Ryder System's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Ryder System's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Ryder System's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Ryder System's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Ryder System Thematic Clasifications

Ryder System is part of Personal Services investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Personal Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Personal ServicesView
This theme covers USA Equities from Personal Services industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Ryder System Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ryder System's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ryder System growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.23)

At this time, Ryder System's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Ryder System March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ryder System help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ryder System. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ryder System based on widely used predictive technical indicators. In general, we focus on analyzing Ryder Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ryder System's daily price indicators and compare them against related drivers.
When determining whether Ryder System is a strong investment it is important to analyze Ryder System's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryder System's future performance. For an informed investment choice regarding Ryder Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryder System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Ryder System's price analysis, check to measure Ryder System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.
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Is Ryder System's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryder System. If investors know Ryder will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryder System listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
2.66
Earnings Share
8.73
Revenue Per Share
259.635
Quarterly Revenue Growth
(0.02)
The market value of Ryder System is measured differently than its book value, which is the value of Ryder that is recorded on the company's balance sheet. Investors also form their own opinion of Ryder System's value that differs from its market value or its book value, called intrinsic value, which is Ryder System's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryder System's market value can be influenced by many factors that don't directly affect Ryder System's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryder System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryder System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryder System's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.