Ryder System Inc (R)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 3,117,000 | 3,056,000 | 3,081,000 | 3,065,000 | 3,069,000 | 3,097,000 | 3,096,000 | 3,005,000 | 2,937,000 | 3,011,000 | 2,833,000 | 2,649,000 | 2,798,000 | 2,513,650 | 2,418,210 | 2,279,690 | 2,256,000 | 2,150,560 | 2,159,090 | 2,242,740 |
| ROE | 15.69% | 15.64% | 16.13% | 11.48% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $489,000K ÷ $3,117,000K
= 15.69%
Ryder System Inc's return on equity (ROE) has shown a fluctuating trend over the past several quarters. The ROE was negative in the earlier part of 2020, indicating that the company was not generating sufficient profits relative to the shareholders' equity during that period. However, starting from March 2021, the ROE turned positive and has been on an upward trajectory, reaching a peak of 29.52% by December 2022.
The improvement in ROE signifies that Ryder System Inc has been able to enhance its profitability and efficiency in generating returns for shareholders' equity invested in the company. The company's ability to sustain this positive trend in ROE, although experiencing some fluctuations, suggests effective management of assets and liabilities to maximize shareholder value.
It is important for investors and stakeholders to monitor Ryder System Inc's ROE performance closely to assess the company's financial health and its ability to generate profits from shareholders' investments in the long term.
Peer comparison
Dec 31, 2024