Ryder System Inc (R)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 16,672,000 | 16,497,000 | 16,408,000 | 16,481,000 | 15,778,000 | 15,330,000 | 14,971,000 | 14,543,000 | 14,395,000 | 14,499,000 | 14,475,900 | 14,236,300 | 13,835,000 | 12,896,100 | 12,903,000 | 12,674,600 | 12,932,000 | 13,642,000 | 14,208,800 | 14,364,200 |
| Operating ROA | 57.04% | 56.34% | 55.42% | 53.66% | 55.41% | 58.04% | 60.14% | 62.70% | 63.40% | 60.08% | 57.49% | 55.17% | 53.13% | 54.53% | 52.80% | 50.87% | 49.50% | 52.61% | 50.96% | 52.59% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $9,510,000K ÷ $16,672,000K
= 57.04%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating profits from its assets. The trend analysis of Ryder System Inc's Operating ROA from March 31, 2020, to December 31, 2024, shows fluctuations in the ratio over time.
Ryder System Inc's Operating ROA started at 52.59% on March 31, 2020, and then decreased to 49.50% by December 31, 2020. However, the ratio gradually improved in the subsequent quarters, reaching 60.08% on September 30, 2022, showing an overall positive trend.
The peak in Operating ROA was observed on December 31, 2022, at 63.40%. After that point, the ratio experienced a slight decline before stabilizing around 55-57% from March 31, 2023, to December 31, 2024.
The fluctuations in Operating ROA indicate changes in Ryder System Inc's operating profitability relative to its asset base during the period under review. It is essential for investors and stakeholders to monitor this ratio to assess the company's efficiency in generating profits from its assets and to evaluate its operational performance over time.
Peer comparison
Dec 31, 2024