Ryder System Inc (R)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 489,000 | 478,000 | 497,000 | 352,000 | 406,000 | 488,000 | 573,000 | 830,000 | 867,000 | 842,016 | 734,070 | 644,175 | 519,000 | 363,862 | 261,642 | 38,438 | -122,000 | -201,364 | -328,653 | -179,339 |
| Revenue (ttm) | US$ in thousands | 12,637,000 | 12,471,000 | 12,227,000 | 11,929,000 | 11,783,000 | 11,848,000 | 11,959,000 | 12,109,000 | 12,011,000 | 11,523,090 | 10,947,140 | 10,295,380 | 9,663,000 | 9,275,750 | 8,967,280 | 8,480,320 | 8,420,010 | 8,483,720 | 8,557,070 | 8,906,780 |
| Net profit margin | 3.87% | 3.83% | 4.06% | 2.95% | 3.45% | 4.12% | 4.79% | 6.85% | 7.22% | 7.31% | 6.71% | 6.26% | 5.37% | 3.92% | 2.92% | 0.45% | -1.45% | -2.37% | -3.84% | -2.01% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $489,000K ÷ $12,637,000K
= 3.87%
Ryder System Inc's net profit margin has shown fluctuating trends over the past few years, reflecting changes in its profitability. The company experienced negative net profit margins in the range of -3.84% to -1.45% in the first half of 2020. However, starting from March 31, 2021, there has been a positive trend in net profit margins, with values gradually increasing to reach 7.22% by December 31, 2022.
Subsequently, there was a slight decline in net profit margins from March 31, 2023, to June 30, 2024, with values ranging between 2.95% to 4.06%. Despite this decline, the company managed to maintain a reasonable level of profitability during this period. Overall, the recent net profit margins indicate a moderate level of profitability for Ryder System Inc as of December 31, 2024. Further analysis along with comparisons to industry benchmarks can provide more insights into the company's financial performance.
Peer comparison
Dec 31, 2024