Ryder System Inc (R)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 87.21% | 87.47% | 87.57% | 87.57% | 87.96% | 88.44% | 88.69% | 88.87% | 88.78% | 88.51% | 88.61% | 88.67% | 88.80% | 92.41% | 92.42% | 92.52% | 92.45% | 92.42% | 92.35% | 92.37% |
| Operating profit margin | 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% | 84.90% | 84.85% | 84.74% | 84.79% |
| Pretax margin | 5.24% | 6.38% | 7.32% | 9.65% | 10.16% | 10.04% | 9.19% | 8.47% | 7.14% | 5.16% | 3.81% | 0.51% | -1.66% | -3.38% | -4.94% | -2.53% | -0.49% | 2.19% | 4.58% | 4.63% |
| Net profit margin | 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% | -0.27% | 1.58% | 3.66% | 3.37% |
Ryder System, Inc.'s profitability ratios have shown some variability over the past eight quarters. The gross profit margin has ranged from 19.19% to 19.90%, with Q2 and Q3 of 2023 indicating a slight downward trend compared to the same periods in 2022. This may suggest potential challenges in maintaining profitability at the gross profit level.
The operating profit margin has also shown variability, ranging from 7.02% to 8.12%. Q1 and Q2 of 2023 exhibited improvement compared to the same quarters in 2022, indicating effective cost management and operational efficiency during those periods.
The pretax margin has shown fluctuations, ranging from 5.24% to 10.12%. Though Q4 of 2022 had the highest pretax margin, the subsequent quarters in 2023 experienced a decline. This might indicate a decrease in profitability before accounting for taxes.
The net profit margin has ranged from 3.43% to 7.28%. Q1 and Q2 of 2023 demonstrated increased profitability compared to the previous year, but the margins in subsequent quarters have shown a slight decline. This suggests that Ryder System, Inc. may be facing challenges in sustaining net profitability growth.
Overall, Ryder System, Inc.'s profitability ratios reflect some variability and potential challenges in maintaining and growing profitability, particularly in the recent quarters. Continuous monitoring and strategic decision-making may be necessary to address these trends and enhance profitability in the future.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 52.35% | 52.20% | 51.61% | 52.83% |
| Return on assets (ROA) | 2.57% | 3.18% | 3.83% | 5.71% | 6.02% | 5.81% | 5.07% | 4.52% | 3.75% | 2.82% | 2.03% | 0.30% | -0.94% | -1.48% | -2.31% | -1.25% | -0.17% | 0.97% | 2.23% | 2.10% |
| Return on total capital | 29.78% | 33.29% | 36.56% | 46.89% | 49.30% | 45.61% | 43.05% | 40.91% | 32.31% | 28.25% | 24.06% | 13.02% | 5.36% | -1.45% | -7.78% | 1.05% | 7.32% | 12.95% | 17.88% | 17.82% |
| Return on equity (ROE) | 13.23% | 15.76% | 18.51% | 27.62% | 29.52% | 27.96% | 25.91% | 24.32% | 18.55% | 14.48% | 10.82% | 1.69% | -5.41% | -9.36% | -15.22% | -8.00% | -0.99% | 5.69% | 12.40% | 11.42% |
Ryder System, Inc. exhibited a consistent trend of profitability ratios over the past eight quarters. The company's Operating Return on Assets (Operating ROA) remained relatively stable, ranging from 5.07% to 6.77%, indicating a steady operational efficiency in generating profits from its assets. The Return on Assets (ROA) showed some fluctuations, with values varying between 2.56% and 5.99%, reflecting the company's ability to generate profits relative to its total assets.
Moreover, the Return on Total Capital ranged between 10.39% and 15.34%, demonstrating the company's effectiveness in utilizing both debt and equity to generate returns for its providers of capital. The Return on Equity (ROE) showed a similar trend, with values fluctuating between 13.16% and 29.35%, highlighting the company's ability to generate profits for its shareholders from the equity invested in the business.
Overall, Ryder System, Inc. has maintained a solid level of profitability, as evidenced by its consistent performance across these key profitability ratios. The company's ability to generate returns from its assets, capital, and equity over the quarters indicates sound financial management and operational efficiency.