Ryder Gross Profit from 2010 to 2024

R Stock  USD 165.67  4.46  2.77%   
Ryder System Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 2.1 B. Gross Profit is the profit Ryder System makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
618 M
Current Value
644 M
Quarterly Volatility
398.8 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ryder System financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ryder System's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B or Interest Expense of 310.8 M, as well as many indicators such as Price To Sales Ratio of 0.34 or Dividend Yield of 0.0286. Ryder financial statements analysis is a perfect complement when working with Ryder System Valuation or Volatility modules.
  
Check out the analysis of Ryder System Correlation against competitors.
To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.

Latest Ryder System's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Ryder System over the last few years. Gross profit is a required income statement account that reflects total revenue of Ryder System minus its cost of goods sold. It is profit before Ryder System operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ryder System's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ryder System's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.39 B10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

Ryder Gross Profit Regression Statistics

Arithmetic Mean1,811,542,635
Geometric Mean1,639,491,541
Coefficient Of Variation53.93
Mean Deviation641,462,531
Median1,485,500,000
Standard Deviation976,919,200
Sample Variance954371.1T
Range4.2B
R-Value0.07
Mean Square Error1023227.5T
R-Squared0
Significance0.81
Slope14,545,274
Total Sum of Squares13361195.7T

Ryder Gross Profit History

20242.1 B
20232.3 B
20222.8 B
20211.8 B
20201.3 B
20191.4 B
20181.6 B

Other Fundumenentals of Ryder System

Ryder System Gross Profit component correlations

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0.930.760.990.70.890.80.670.020.9-0.540.810.520.34-0.440.630.90.770.880.370.580.840.460.320.06-0.22
0.80.760.730.920.80.70.880.290.67-0.580.810.810.57-0.50.70.730.890.890.430.870.860.70.18-0.24-0.6
0.930.990.730.640.890.740.61-0.080.86-0.560.830.440.24-0.440.590.890.770.830.330.50.80.360.340.1-0.14
0.680.70.920.640.660.810.950.550.72-0.460.610.940.78-0.440.70.640.690.860.390.930.860.90.07-0.25-0.75
1.00.890.80.890.660.790.62-0.070.8-0.630.940.490.34-0.40.780.70.880.880.380.640.790.420.450.04-0.15
0.810.80.70.740.810.790.770.380.89-0.330.660.680.7-0.360.840.610.610.850.280.780.850.750.260.05-0.38
0.640.670.880.610.950.620.770.590.66-0.350.520.890.7-0.540.610.650.630.820.440.880.930.860.1-0.32-0.75
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0.830.90.670.860.720.80.890.660.29-0.290.680.580.49-0.320.630.760.640.850.390.610.810.580.330.05-0.32
-0.62-0.54-0.58-0.56-0.46-0.63-0.33-0.350.34-0.29-0.61-0.38-0.010.09-0.35-0.4-0.57-0.48-0.32-0.29-0.33-0.2-0.070.040.14
0.930.810.810.830.610.940.660.52-0.190.68-0.610.420.3-0.390.790.690.930.80.240.630.680.320.330.15-0.09
0.510.520.810.440.940.490.680.890.710.58-0.380.420.78-0.330.510.420.490.740.530.840.730.94-0.12-0.27-0.92
0.350.340.570.240.780.340.70.70.730.49-0.010.30.78-0.340.650.280.350.640.230.850.580.93-0.09-0.12-0.68
-0.41-0.44-0.5-0.44-0.44-0.4-0.36-0.54-0.18-0.320.09-0.39-0.33-0.34-0.35-0.51-0.45-0.49-0.19-0.45-0.56-0.34-0.120.090.24
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0.760.90.730.890.640.70.610.650.010.76-0.40.690.420.28-0.510.470.760.80.230.540.780.380.35-0.15-0.2
0.870.770.890.770.690.880.610.63-0.070.64-0.570.930.490.35-0.450.720.760.840.250.720.730.390.47-0.19-0.21
0.890.880.890.830.860.880.850.820.30.85-0.480.80.740.64-0.490.720.80.840.540.820.910.720.3-0.17-0.49
0.380.370.430.330.390.380.280.440.340.39-0.320.240.530.23-0.190.010.230.250.540.240.450.42-0.12-0.13-0.53
0.640.580.870.50.930.640.780.880.550.61-0.290.630.840.85-0.450.810.540.720.820.240.80.870.17-0.28-0.67
0.810.840.860.80.860.790.850.930.40.81-0.330.680.730.58-0.560.680.780.730.910.450.80.710.26-0.17-0.52
0.430.460.70.360.90.420.750.860.790.58-0.20.320.940.93-0.340.590.380.390.720.420.870.71-0.12-0.22-0.85
0.430.320.180.340.070.450.260.1-0.220.33-0.070.33-0.12-0.09-0.120.230.350.470.3-0.120.170.26-0.12-0.50.3
0.040.06-0.240.1-0.250.040.05-0.32-0.310.050.040.15-0.27-0.120.090.17-0.15-0.19-0.17-0.13-0.28-0.17-0.22-0.50.36
-0.17-0.22-0.6-0.14-0.75-0.15-0.38-0.75-0.84-0.320.14-0.09-0.92-0.680.24-0.2-0.2-0.21-0.49-0.53-0.67-0.52-0.850.30.36
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About Ryder System Financial Statements

Ryder System shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Ryder System investors may analyze each financial statement separately, they are all interrelated. The changes in Ryder System's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ryder System's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit2.3 B2.1 B
Gross Profit Margin 0.20  0.26 

Pair Trading with Ryder System

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryder System position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryder System will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ryder Stock

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  0.8WLFC Willis Lease FinancePairCorr
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Moving against Ryder Stock

  0.71YAYO Yayyo IncPairCorr
  0.67MWG Multi Ways HoldingsPairCorr
  0.55ZCAR Zoomcar Holdings Symbol ChangePairCorr
  0.39TRTN-PD Triton InternationalPairCorr
The ability to find closely correlated positions to Ryder System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryder System when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryder System - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryder System to buy it.
The correlation of Ryder System is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryder System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryder System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ryder System can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Ryder Stock Analysis

When running Ryder System's price analysis, check to measure Ryder System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.