Ryder System Inc (R)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 9,496,000 | 8,747,000 | 9,074,000 | 7,353,380 | 6,385,700 |
| Revenue | US$ in thousands | 12,636,000 | 11,783,000 | 12,011,000 | 9,663,000 | 8,420,000 |
| Operating profit margin | 75.15% | 74.23% | 75.55% | 76.10% | 75.84% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $9,496,000K ÷ $12,636,000K
= 75.15%
Ryder System Inc's operating profit margin has shown a relatively stable trend over the past five years as indicated by the data provided. The margin increased slightly from 75.84% in December 2020 to 76.10% in December 2021, demonstrating the company's ability to efficiently generate profit from its core operations. However, there was a slight decline in the operating profit margin to 75.55% in December 2022. This could be due to various factors such as changes in operating expenses or fluctuations in revenue.
In the following years, the operating profit margin continued to show a gradual decline, dropping to 74.23% in December 2023 before recovering slightly to 75.15% in December 2024. Although the margin fluctuated, it remained relatively high throughout the period, indicating that Ryder System Inc has been effective in managing its operating expenses and generating profits.
Overall, the trend in the operating profit margin suggests that Ryder System Inc has been able to maintain a healthy level of profitability from its core business activities, despite some fluctuations. It is advisable for the company to closely monitor its operating expenses and revenue streams to sustain and potentially improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024