R: Ryder System Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Ryder System Inc (R).

OverviewDividends

$6.63B Market Cap.

As of 04/23/2025 5:00 PM ET (MRY) • Disclaimer

R Market Cap. (MRY)


R Shares Outstanding (MRY)


R Assets (MRY)


Total Assets

$16.67B

Total Liabilities

$13.55B

Total Investments

$1.15B

R Income (MRY)


Revenue

$12.64B

Net Income

$489.00M

Operating Expense

$1.39B

R Cash Flow (MRY)


CF Operations

$2.26B

CF Investing

-$2.45B

CF Financing

$153.00M

R Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$16,672,000,000 (5.67%)

$15,778,000,000 (9.61%)

$14,395,000,000 (4.05%)

$13,835,000,000 (6.98%)

Assets Current

$2,463,000,000 (8.74%)

$2,265,000,000 (2.95%)

$2,200,000,000 (-10.61%)

$2,461,000,000 (54.24%)

Assets Non-Current

$14,209,000,000 (5.15%)

$13,513,000,000 (10.81%)

$12,195,000,000 (7.22%)

$11,374,000,000 (0.33%)

Goodwill & Intangible Assets

$1,615,000,000 (20.88%)

$1,336,000,000 (15.57%)

$1,156,000,000 (55.80%)

$742,000,000 (43.12%)

Shareholders Equity

$3,117,000,000 (1.56%)

$3,069,000,000 (4.49%)

$2,937,000,000 (4.97%)

$2,798,000,000 (24.05%)

Property Plant & Equipment Net

$11,445,000,000 (2.88%)

$11,125,000,000 (10.66%)

$10,053,000,000 (8.00%)

$9,308,000,000 (-4.08%)

Cash & Equivalents

$154,000,000 (-24.51%)

$204,000,000 (-23.60%)

$267,000,000 (14.10%)

$234,000,000 (54.67%)

Accumulated Other Comprehensive Income

-$692,000,000 (-5.65%)

-$655,000,000 (17.71%)

-$796,000,000 (-15.53%)

-$689,000,000 (15.69%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$1,149,000,000 (9.22%)

$1,052,000,000 (6.69%)

$986,000,000 (-25.53%)

$1,324,000,000 (18.86%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$1,149,000,000 (9.22%)

$1,052,000,000 (6.69%)

$986,000,000 (-25.53%)

$1,324,000,000 (18.86%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$69,000,000 (12.76%)

Trade & Non-Trade Receivables

$1,861,000,000 (8.58%)

$1,714,000,000 (6.46%)

$1,610,000,000 (9.90%)

$1,465,000,000 (23.91%)

Trade & Non-Trade Payables

$828,000,000 (-0.60%)

$833,000,000 (8.60%)

$767,000,000 (2.54%)

$748,000,000 (36.65%)

Accumulated Retained Earnings (Deficit)

$2,644,000,000 (3.52%)

$2,554,000,000 (1.43%)

$2,518,000,000 (11.12%)

$2,266,000,000 (18.46%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$1,671,000,000 (0.78%)

$1,658,000,000 (5.54%)

$1,571,000,000 (23.22%)

$1,275,000,000 (13.26%)

Total Debt

$7,779,000,000 (9.35%)

$7,114,000,000 (12.00%)

$6,352,000,000 (-3.47%)

$6,580,000,000 (-0.46%)

Debt Current

$1,120,000,000 (-29.25%)

$1,583,000,000 (17.35%)

$1,349,000,000 (1.20%)

$1,333,000,000 (158.04%)

Debt Non-Current

$6,659,000,000 (20.39%)

$5,531,000,000 (10.55%)

$5,003,000,000 (-4.65%)

$5,247,000,000 (-13.89%)

Total Liabilities

$13,555,000,000 (6.66%)

$12,709,000,000 (10.92%)

$11,458,000,000 (3.81%)

$11,037,000,000 (3.38%)

Liabilities Current

$3,271,000,000 (-10.36%)

$3,649,000,000 (10.04%)

$3,316,000,000 (3.59%)

$3,201,000,000 (55.91%)

Liabilities Non-Current

$10,284,000,000 (13.51%)

$9,060,000,000 (11.27%)

$8,142,000,000 (3.91%)

$7,836,000,000 (-9.13%)

R Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$12,636,000,000 (7.24%)

$11,783,000,000 (-1.90%)

$12,011,000,000 (24.30%)

$9,663,000,000 (14.76%)

Cost of Revenue

$10,163,000,000 (7.16%)

$9,484,000,000 (-1.42%)

$9,621,000,000 (22.39%)

$7,861,000,000 (10.02%)

Selling General & Administrative Expense

$1,478,000,000 (4.01%)

$1,421,000,000 (0.42%)

$1,415,000,000 (19.21%)

$1,187,000,000 (13.70%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$1,385,000,000 (19.71%)

$1,157,000,000 (23.74%)

$935,000,000 (4.35%)

$896,000,000 (-20.92%)

Interest Expense

$386,000,000 (30.41%)

$296,000,000 (29.82%)

$228,000,000 (6.54%)

$214,000,000 (-18.01%)

Income Tax Expense

$172,000,000 (-18.87%)

$212,000,000 (-39.94%)

$353,000,000 (106.43%)

$171,000,000 (1050.00%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

-$4,000,000 (-233.33%)

$3,000,000 (-70.00%)

Consolidated Income

$489,000,000 (20.44%)

$406,000,000 (-53.17%)

$867,000,000 (67.05%)

$519,000,000 (525.41%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$489,000,000 (20.44%)

$406,000,000 (-53.17%)

$867,000,000 (67.05%)

$519,000,000 (525.41%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$489,000,000 (20.44%)

$406,000,000 (-53.17%)

$867,000,000 (67.05%)

$519,000,000 (525.41%)

Weighted Average Shares

$42,290,213 (-4.58%)

$44,322,243 (-11.80%)

$50,251,092 (-6.41%)

$53,693,263 (-0.36%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$1,047,000,000 (14.55%)

$914,000,000 (-36.88%)

$1,448,000,000 (60.18%)

$904,000,000 (647.11%)

Gross Profit

$2,473,000,000 (7.57%)

$2,299,000,000 (-3.81%)

$2,390,000,000 (32.63%)

$1,802,000,000 (41.33%)

Operating Income

$1,088,000,000 (-4.73%)

$1,142,000,000 (-21.51%)

$1,455,000,000 (60.60%)

$906,000,000 (538.03%)

R Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$2,446,000,000 (8.15%)

-$2,663,000,000 (-43.95%)

-$1,850,000,000 (-27.59%)

-$1,450,000,000 (-141.26%)

Net Cash Flow from Financing

$153,000,000 (-40.23%)

$256,000,000 (129.73%)

-$861,000,000 (-322.06%)

-$204,000,000 (86.46%)

Net Cash Flow from Operations

$2,264,000,000 (-3.78%)

$2,353,000,000 (1.86%)

$2,310,000,000 (6.16%)

$2,176,000,000 (-0.23%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$50,000,000 (20.63%)

-$63,000,000 (84.44%)

-$405,000,000 (-177.74%)

$521,000,000 (576.62%)

Net Cash Flow - Business Acquisitions and Disposals

-$314,000,000 (-25.60%)

-$250,000,000 (45.41%)

-$458,000,000 (-40.92%)

-$325,000,000 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$2,132,000,000 (11.43%)

-$2,407,000,000 (-72.42%)

-$1,396,000,000 (-24.75%)

-$1,119,000,000 (-88.38%)

Issuance (Repayment) of Debt Securities

$606,000,000 (-16.53%)

$726,000,000 (484.13%)

-$189,000,000 (-293.75%)

-$48,000,000 (96.44%)

Issuance (Purchase) of Equity Shares

-$311,000,000 (7.16%)

-$335,000,000 (38.31%)

-$543,000,000 (-1911.11%)

-$27,000,000 (-28.57%)

Payment of Dividends & Other Cash Distributions

-$135,000,000 (-5.47%)

-$128,000,000 (-4.07%)

-$123,000,000 (-0.82%)

-$122,000,000 (-2.52%)

Effect of Exchange Rate Changes on Cash

-$21,000,000 (-133.33%)

-$9,000,000 (-125.00%)

-$4,000,000 (-300.00%)

-$1,000,000 (-120.00%)

Share Based Compensation

$83,000,000 (-1.19%)

$84,000,000 (47.37%)

$57,000,000 (23.91%)

$46,000,000 (12.20%)

Depreciation Amortization & Accretion

$2,068,000,000 (4.29%)

$1,983,000,000 (3.71%)

$1,912,000,000 (1.49%)

$1,884,000,000 (-11.09%)

R Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

19.60% (0.51%)

19.50% (-2.01%)

19.90% (6.99%)

18.60% (23.18%)

Profit Margin

3.90% (14.71%)

3.40% (-52.78%)

7.20% (33.33%)

5.40% (485.71%)

EBITDA Margin

24.70% (0.41%)

24.60% (-12.14%)

28.00% (-3.11%)

28.90% (8.65%)

Return on Average Equity (ROAE)

15.90% (20.45%)

13.20% (-56.44%)

30.30% (46.38%)

20.70% (476.36%)

Return on Average Assets (ROAA)

3.00% (11.11%)

2.70% (-55.00%)

6.00% (50.00%)

4.00% (544.44%)

Return on Sales (ROS)

8.30% (6.41%)

7.80% (-35.54%)

12.10% (28.72%)

9.40% (571.43%)

Return on Invested Capital (ROIC)

5.50% (0.00%)

5.50% (-39.56%)

9.10% (56.90%)

5.80% (728.57%)

Dividend Yield

1.90% (-17.39%)

2.30% (-20.69%)

2.90% (3.57%)

2.80% (-22.22%)

Price to Earnings Ratio (P/E)

13.89 (7.35%)

12.94 (169.65%)

4.8 (-42.53%)

8.35 (131.64%)

Price to Sales Ratio (P/S)

0.53 (21.25%)

0.43 (23.71%)

0.35 (-23.58%)

0.46 (15.95%)

Price to Book Ratio (P/B)

2.13 (28.04%)

1.66 (16.22%)

1.43 (-9.61%)

1.58 (7.18%)

Debt to Equity Ratio (D/E)

4.35 (5.02%)

4.14 (6.15%)

3.9 (-1.12%)

3.94 (-16.65%)

Earnings Per Share (EPS)

11.29 (27.00%)

8.89 (-48.94%)

17.41 (76.39%)

9.87 (521.79%)

Sales Per Share (SPS)

298.79 (12.39%)

265.85 (11.22%)

239.02 (32.81%)

179.97 (15.18%)

Free Cash Flow Per Share (FCFPS)

3.12 (356.24%)

-1.22 (-106.70%)

18.19 (-7.60%)

19.69 (-33.15%)

Book Value Per Share (BVPS)

73.7 (6.44%)

69.24 (18.47%)

58.45 (12.16%)

52.11 (24.50%)

Tangible Assets Book Value Per Share (TABVPS)

356.04 (9.27%)

325.84 (23.68%)

263.46 (8.04%)

243.85 (5.86%)

Enterprise Value Over EBIT (EV/EBIT)

13 (0.00%)

13 (85.71%)

7 (-36.36%)

11 (-86.75%)

Enterprise Value Over EBITDA (EV/EBITDA)

4.52 (13.20%)

3.99 (33.08%)

3 (-18.10%)

3.66 (-18.62%)

Asset Turnover

0.77 (-1.54%)

0.78 (-6.83%)

0.83 (12.86%)

0.74 (20.95%)

Current Ratio

0.75 (21.26%)

0.62 (-6.33%)

0.66 (-13.78%)

0.77 (-1.03%)

Dividends

$3.04 (14.29%)

$2.66 (10.83%)

$2.4 (5.26%)

$2.28 (1.79%)

Free Cash Flow (FCF)

$132,000,000 (344.44%)

-$54,000,000 (-105.91%)

$914,000,000 (-13.53%)

$1,057,000,000 (-33.40%)

Enterprise Value (EV)

$14,074,642,811 (21.73%)

$11,561,717,280 (14.73%)

$10,077,334,758 (-1.30%)

$10,210,316,669 (1.29%)

Earnings Before Tax (EBT)

$661,000,000 (6.96%)

$618,000,000 (-49.34%)

$1,220,000,000 (76.81%)

$690,000,000 (592.86%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$3,115,000,000 (7.53%)

$2,897,000,000 (-13.78%)

$3,360,000,000 (20.52%)

$2,788,000,000 (24.46%)

Invested Capital

$19,411,000,000 (9.65%)

$17,703,000,000 (10.59%)

$16,008,000,000 (-1.42%)

$16,238,000,000 (-3.46%)

Working Capital

-$808,000,000 (41.62%)

-$1,384,000,000 (-24.01%)

-$1,116,000,000 (-50.81%)

-$740,000,000 (-61.71%)

Tangible Asset Value

$15,057,000,000 (4.26%)

$14,442,000,000 (9.09%)

$13,239,000,000 (1.12%)

$13,093,000,000 (5.47%)

Market Capitalization

$6,633,642,811 (30.08%)

$5,099,717,280 (21.44%)

$4,199,483,758 (-5.12%)

$4,425,935,669 (32.98%)

Average Equity

$3,079,750,000 (0.42%)

$3,066,750,000 (7.34%)

$2,857,165,500 (14.18%)

$2,502,388,000 (13.64%)

Average Assets

$16,514,500,000 (8.97%)

$15,155,500,000 (5.24%)

$14,401,540,500 (10.13%)

$13,077,190,250 (-5.15%)

Invested Capital Average

$19,202,250,000 (14.94%)

$16,706,250,000 (4.48%)

$15,989,675,000 (2.00%)

$15,675,678,500 (-12.73%)

Shares

42,290,213 (-4.58%)

44,322,243 (-11.80%)

50,251,092 (-6.41%)

53,693,263 (-0.36%)