Ryder Historical Income Statement
R Stock | USD 168.03 1.78 1.05% |
Historical analysis of Ryder System income statement accounts such as Other Operating Expenses of 7.3 B or Operating Income of 921.9 M can show how well Ryder System performed in making a profits. Evaluating Ryder System income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ryder System's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ryder System latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ryder System is a good buy for the upcoming year.
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About Ryder Income Statement Analysis
Ryder System Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ryder System shareholders. The income statement also shows Ryder investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ryder System Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Ryder System generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ryder System. It is also known as Ryder System overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Ryder System's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ryder System current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryder System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.At this time, Ryder System's Income Before Tax is relatively stable compared to the past year. As of 11/28/2024, Income Tax Expense is likely to grow to about 222.6 M, while Gross Profit is likely to drop slightly above 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.8B | 2.8B | 2.3B | 2.1B | Total Revenue | 9.7B | 12.5B | 11.8B | 6.7B |
Ryder System income statement Correlations
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Ryder System Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ryder System income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.0B | 2.1B | 1.8B | 1.9B | 2.0B | 2.1B | |
Interest Expense | 241.4M | 261.3M | 213.9M | 228M | 296M | 310.8M | |
Total Revenue | 8.9B | 8.4B | 9.7B | 12.5B | 11.8B | 6.7B | |
Gross Profit | 1.4B | 1.3B | 1.8B | 2.8B | 2.3B | 2.1B | |
Other Operating Expenses | 8.6B | 8.2B | 9.0B | 11.0B | 10.9B | 7.3B | |
Operating Income | (1.7B) | (1.9B) | (1.1B) | (385M) | 878M | 921.9M | |
Ebit | (1.7B) | 131.0M | 906.5M | 1.4B | 914M | 959.7M | |
Ebitda | 295.8M | 2.3B | 2.7B | 3.4B | 2.9B | 3.1B | |
Cost Of Revenue | 7.6B | 7.1B | 7.9B | 9.6B | 9.5B | 10.0B | |
Total Operating Expenses | 1.0B | 1.0B | 1.2B | 1.4B | 1.4B | 2.0B | |
Income Before Tax | (42.3M) | (130.4M) | 692.6M | 1.2B | 618M | 648.9M | |
Total Other Income Expense Net | 1.6B | (18.4M) | 76.6M | 252M | (260M) | (247M) | |
Net Income | (23.3M) | (112M) | 519M | 867M | 406M | 213.7M | |
Income Tax Expense | (19M) | (18.4M) | 171M | 353M | 212M | 222.6M | |
Net Income Applicable To Common Shares | (24.4M) | (122.3M) | 519.0M | 867M | 997.1M | 1.0B | |
Selling General Administrative | 60.4M | 11.2M | 1.2B | 1.4B | 1.4B | 743.9M | |
Net Income From Continuing Ops | (23.3M) | (112.0M) | 521.6M | 863M | 406M | 334.2M | |
Non Operating Income Net Other | 33.6M | 21.9M | 66.0M | 32M | 36.8M | 24.0M | |
Selling And Marketing Expenses | 872M | 854.8M | 907.4M | 921.6M | 1.1B | 922.5M | |
Discontinued Operations | (1.1M) | (10.3M) | (2.6M) | 4M | 4.6M | 4.8M | |
Tax Provision | (19.0M) | (18.4M) | 171.0M | 353M | 212M | 222.6M | |
Interest Income | 241.7M | 261.3M | 213.9M | 228M | 262.2M | 214.6M | |
Extraordinary Items | (4.6M) | (10.3M) | (3.2M) | 4M | 3.6M | 3.4M | |
Net Interest Income | (241.4M) | (261.3M) | (213.9M) | (228M) | (296M) | (310.8M) | |
Reconciled Depreciation | 2.0B | 2.1B | 1.8B | 1.8B | 1.8B | 1.9B |
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
Moving against Ryder Stock
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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.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.