Ryder System Inc (R)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 9,510,000 | 9,295,000 | 9,093,000 | 8,843,000 | 8,742,000 | 8,897,920 | 9,004,160 | 9,118,450 | 9,126,350 | 8,711,000 | 8,322,630 | 7,854,040 | 7,350,080 | 7,032,780 | 6,813,120 | 6,447,570 | 6,401,700 | 7,176,980 | 7,240,630 | 7,554,640 |
| 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 |
| Operating profit margin | 75.26% | 74.53% | 74.37% | 74.13% | 74.19% | 75.10% | 75.29% | 75.30% | 75.98% | 75.60% | 76.03% | 76.29% | 76.06% | 75.82% | 75.98% | 76.03% | 76.03% | 84.60% | 84.62% | 84.82% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $9,510,000K ÷ $12,637,000K
= 75.26%
Ryder System Inc's operating profit margin has shown a relatively high level of consistency, hovering around the range of 75% to 85% over the past few years. The margin peaked at around 84% in the first half of 2020 but experienced a slight dip towards the end of that year, falling to around 76%. Throughout 2021 and the first half of 2022, the operating profit margin remained relatively stable, fluctuating within a narrow range between 75% and 77%.
From the second half of 2022 onwards, there was a gradual decline in the operating profit margin, dropping from 76% to around 74% by the end of 2024. This trend suggests potential challenges in maintaining profitability or controlling costs. It would be important for stakeholders to monitor this trend closely to assess its impact on the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024