Ryder System, Inc. (R) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Rental & Leasing Services
EV/EBITDA
↑
5.41
+14% vs avg
5yr avg: 4.73
30Y Low3.7·High6.4
P/FCF
↓
20.75
+14% vs avg
5yr avg: 18.14
30Y Low3.1·High102.6
P/B Ratio
↑
3.31
↑+72% vs avg
5yr avg: 1.92
30Y Low0.8·High2.7
ROE
↓
16.2%
-16% vs avg
5yr avg: 19.3%
30Y Low-5%·High36%
Debt/EBITDA
↓
2.61
↓-7% vs avg
5yr avg: 2.79
30Y Low1.7·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
R Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ryder System, Inc. trades at 20.1x earnings, 77% above its 5-year average of 11.4x, sitting at the 85th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a discount of 22%. On a free-cash-flow basis, the stock trades at 20.7x P/FCF, 14% above the 5-year average of 18.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.5B | $8.0B | $6.9B | $5.3B | $4.3B | $4.4B | $3.2B | $2.8B | $2.5B | $4.5B | $4.0B |
| Enterprise Value | $18.0B | $16.5B | $15.7B | $13.3B | $11.1B | $11.1B | $10.0B | $10.9B | $9.3B | $9.8B | $9.3B |
| P/E Ratio → | 20.15 | 15.96 | 14.18 | 13.24 | 4.93 | 8.54 | — | — | 9.28 | 6.22 | 15.16 |
| P/S Ratio | 0.75 | 0.63 | 0.55 | 0.45 | 0.35 | 0.46 | 0.38 | 0.32 | 0.30 | 0.61 | 0.59 |
| P/B Ratio | 3.31 | 2.62 | 2.23 | 1.74 | 1.45 | 1.58 | 1.43 | 1.15 | 1.00 | 1.57 | 1.94 |
| P/FCF | 20.75 | 17.43 | — | — | — | 18.85 | 3.12 | — | — | — | — |
| P/OCF | 3.67 | 3.08 | 3.06 | 2.27 | 1.84 | 2.03 | 1.48 | 1.33 | 1.55 | 2.88 | 2.48 |
P/E links to full P/E history page with 30-year chart
R EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ryder System, Inc.'s enterprise value stands at 5.4x EBITDA, 14% above its 5-year average of 4.7x. The Industrials sector median is 13.7x, placing the stock at a 60% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.30 | 1.24 | 1.13 | 0.92 | 1.15 | 1.18 | 1.22 | 1.11 | 1.34 | 1.37 |
| EV / EBITDA | 5.41 | 4.96 | 5.71 | 4.59 | 3.79 | 4.61 | 4.17 | 4.72 | 4.46 | 5.62 | 5.35 |
| EV / EBIT | 16.58 | 15.14 | 14.97 | 14.54 | 7.67 | 12.26 | 76.03 | 54.83 | 16.37 | 21.52 | 16.79 |
| EV / FCF | — | 35.91 | — | — | — | 47.49 | 9.62 | — | — | — | — |
R Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ryder System, Inc. earns an operating margin of 8.6%, above the Industrials sector average of 4.7%. Operating margins have expanded from 7.5% to 8.6% over the past 3 years, signaling improving operational efficiency. ROE of 16.2% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 7.0% represents adequate returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.8% | 19.8% | 19.2% | 19.2% | 19.9% | 18.6% | 15.1% | 15.4% | 18.9% | 20.1% | 22.1% |
| Operating Margin | 8.6% | 8.6% | 7.9% | 7.5% | 8.1% | 6.4% | 3.1% | 3.8% | 7.3% | 6.6% | 8.0% |
| Net Profit Margin | 3.9% | 3.9% | 3.9% | 3.4% | 7.2% | 5.4% | -1.5% | -0.3% | 3.2% | 10.8% | 3.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.2% | 16.2% | 15.8% | 13.5% | 30.2% | 20.5% | -5.2% | -0.9% | 10.2% | 32.3% | 13.0% |
| ROA | 3.0% | 3.0% | 3.0% | 2.7% | 6.1% | 3.9% | -0.9% | -0.2% | 2.2% | 7.1% | 2.4% |
| ROIC | 7.0% | 7.0% | 6.5% | 6.3% | 7.6% | 5.0% | 2.0% | 2.6% | 5.3% | 4.6% | 5.5% |
| ROCE | 8.0% | 8.0% | 7.8% | 7.6% | 9.0% | 5.7% | 2.3% | 3.0% | 6.1% | 5.2% | 5.9% |
R Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Ryder System, Inc. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (16% below the sector average of 3.1x). Net debt stands at $8.5B ($8.7B total debt minus $198M cash). Interest coverage of just 2.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.84 | 2.84 | 2.85 | 2.65 | 2.41 | 2.48 | 3.05 | 3.29 | 2.70 | 1.90 | 2.63 |
| Debt / EBITDA | 2.61 | 2.61 | 3.24 | 2.81 | 2.42 | 2.88 | 2.88 | 3.52 | 3.28 | 3.11 | 3.10 |
| Net Debt / Equity | — | 2.78 | 2.80 | 2.59 | 2.32 | 2.40 | 2.98 | 3.26 | 2.68 | 1.88 | 2.60 |
| Net Debt / EBITDA | 2.55 | 2.55 | 3.18 | 2.74 | 2.33 | 2.78 | 2.82 | 3.49 | 3.24 | 3.06 | 3.07 |
| Debt / FCF | — | 18.48 | — | — | — | 28.64 | 6.50 | — | — | — | — |
| Interest Coverage | 2.70 | 2.70 | 2.71 | 3.09 | 6.33 | 4.24 | 0.50 | 0.82 | 3.16 | 3.24 | 3.75 |
R Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.89x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.62x to 0.89x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.89 | 0.89 | 0.75 | 0.62 | 0.66 | 0.77 | 0.78 | 0.59 | 0.62 | 0.66 | 0.63 |
| Quick Ratio | 0.89 | 0.89 | 0.75 | 0.62 | 0.64 | 0.75 | 0.75 | 0.56 | 0.59 | 0.62 | 0.59 |
| Cash Ratio | 0.07 | 0.07 | 0.05 | 0.06 | 0.08 | 0.07 | 0.07 | 0.03 | 0.03 | 0.04 | 0.03 |
| Asset Turnover | — | 0.77 | 0.76 | 0.75 | 0.83 | 0.70 | 0.65 | 0.62 | 0.63 | 0.64 | 0.62 |
| Inventory Turnover | — | — | — | — | 123.35 | 114.47 | 116.76 | 93.48 | 86.14 | 79.32 | 76.02 |
| Days Sales Outstanding | — | 54.67 | 53.76 | 53.09 | 48.93 | 55.33 | 51.25 | 50.24 | 53.88 | 50.57 | 44.74 |
R Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ryder System, Inc. returns 6.9% to shareholders annually — split between a 1.4% dividend yield and 5.4% buyback yield. The payout ratio of 29.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 5.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.4% | 1.8% | 1.9% | 2.4% | 2.9% | 2.8% | 3.7% | 4.1% | 4.4% | 2.1% | 2.3% |
| Payout Ratio | 29.1% | 29.1% | 27.6% | 31.5% | 14.2% | 23.5% | — | — | 40.9% | 12.1% | 34.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.0% | 6.3% | 7.1% | 7.6% | 20.3% | 11.7% | — | — | 10.8% | 16.1% | 6.6% |
| FCF Yield | 4.8% | 5.7% | — | — | — | 5.3% | 32.0% | — | — | — | — |
| Buyback Yield | 5.4% | 6.5% | 4.6% | 6.3% | 13.1% | 1.3% | 0.9% | 1.0% | 1.2% | 1.8% | 0.9% |
| Total Shareholder Yield | 6.9% | 8.3% | 6.6% | 8.7% | 16.0% | 4.1% | 4.6% | 5.1% | 5.6% | 3.9% | 3.2% |
| Shares Outstanding | — | $42M | $44M | $46M | $51M | $54M | $52M | $52M | $53M | $53M | $53M |
Peer Comparison
Compare R with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RYou | $10B | 20.1 | 5.4 | 20.7 | 19.8% | 8.6% | 16.2% | 7.0% | 2.6 |
 GATX | $7B | 25.6 | 16.9 | — | 48.0% | 29.9% | 12.1% | 3.6% | 9.4 |
 AL | $7B | 7.0 | — | — | 59.4% | 50.5% | 13.6% | 4.2% | 7.2 |
 URI | $60B | 25.0 | 10.8 | 91.3 | 35.4% | 24.7% | 28.4% | 12.4% | 2.3 |
 XPO | $25B | 80.1 | 23.4 | 75.5 | 12.0% | 8.9% | 18.3% | 9.3% | 3.8 |
 CHRW | $20B | 34.9 | 23.9 | 22.3 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
 ODFL | $42B | 41.5 | 24.2 | 43.8 | 32.2% | 24.8% | 23.9% | 23.6% | 0.1 |
 SAIA | $12B | 47.2 | 20.6 | 438.5 | 23.7% | 10.9% | 10.4% | 9.4% | 0.7 |
 WERN | $2B | -151.7 | 8.1 | — | 5.8% | 2.3% | -1.0% | 2.5% | 2.1 |
 KNX | $10B | 156.7 | 12.5 | 13.7 | 28.3% | 3.4% | 0.9% | 2.0% | 2.8 |
 JBHT | $23B | 40.2 | 15.6 | 24.6 | 10.5% | 7.2% | 15.8% | 12.0% | 0.9 |
| Industrials Median | — | 25.9 | 13.7 | 21.0 | 33.0% | 4.7% | 8.2% | 6.3% | 3.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonR — Frequently Asked Questions
Quick answers to the most common questions about buying R stock.
What is Ryder System, Inc.'s P/E ratio?
Ryder System, Inc.'s current P/E ratio is 20.1x. The historical average is 16.0x. This places it at the 85th percentile of its historical range.
What is Ryder System, Inc.'s EV/EBITDA?
Ryder System, Inc.'s current EV/EBITDA is 5.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.8x.
What is Ryder System, Inc.'s ROE?
Ryder System, Inc.'s return on equity (ROE) is 16.2%. The historical average is 13.0%.
Is R stock overvalued?
Based on historical data, Ryder System, Inc. is trading at a P/E of 20.1x. This is at the 85th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Ryder System, Inc.'s dividend yield?
Ryder System, Inc.'s current dividend yield is 1.44% with a payout ratio of 29.1%.
What are Ryder System, Inc.'s profit margins?
Ryder System, Inc. has 19.8% gross margin and 8.6% operating margin.
How much debt does Ryder System, Inc. have?
Ryder System, Inc.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.