NYSE:R

Stock Analysis Report

Executive Summary

Ryder System, Inc. provides transportation and supply chain management solutions worldwide.


Snowflake Analysis

Established dividend payer with moderate growth potential.


Similar Companies

Share Price & News

How has Ryder System's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: R's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.6%

R

0.1%

US Transportation

-1.1%

US Market


1 Year Return

-35.8%

R

10.8%

US Transportation

17.9%

US Market

Return vs Industry: R underperformed the US Transportation industry which returned 10.8% over the past year.

Return vs Market: R underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

RIndustryMarket
7 Day1.6%0.1%-1.1%
30 Day-21.2%1.6%1.4%
90 Day-23.4%8.7%6.9%
1 Year-32.9%-35.8%12.9%10.8%20.3%17.9%
3 Year-40.5%-46.3%62.0%54.6%47.8%38.3%
5 Year-49.7%-56.6%64.4%31.7%71.9%53.0%

Price Volatility Vs. Market

How volatile is Ryder System's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ryder System undervalued compared to its fair value and its price relative to the market?

0.86x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: R ($40.78) is trading above our estimate of fair value ($37.41)

Significantly Below Fair Value: R is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: R is unprofitable, so we can't compare its PE Ratio to the Transportation industry average.

PE vs Market: R is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate R's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: R is good value based on its PB Ratio (0.9x) compared to the US Transportation industry average (2.4x).


Next Steps

Future Growth

How is Ryder System forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

145.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: R is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: R is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: R's is expected to become profitable in the next 3 years.

Revenue vs Market: R's revenue (2% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: R's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: R's Return on Equity is forecast to be low in 3 years time (9%).


Next Steps

Past Performance

How has Ryder System performed over the past 5 years?

6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: R is currently unprofitable.

Growing Profit Margin: R is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: R is unprofitable, but has reduced losses over the past 5 years at a rate of 6.7% per year.

Accelerating Growth: Unable to compare R's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: R is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-14.1%).


Return on Equity

High ROE: R has a negative Return on Equity (-0.94%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ryder System's financial position?


Financial Position Analysis

Short Term Liabilities: R's short term assets ($1.6B) exceed its short term liabilities ($1.5B).

Long Term Liabilities: R's short term assets ($1.6B) do not cover its long term liabilities ($10.5B).


Debt to Equity History and Analysis

Debt Level: R's debt to equity ratio (309.3%) is considered high.

Reducing Debt: R's debt to equity ratio has increased from 260.1% to 309.3% over the past 5 years.


Balance Sheet

Inventory Level: R has a low level of unsold assets or inventory.

Debt Coverage by Assets: R's debt is not covered by short term assets (assets are 0.2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: R has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: R has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Ryder System's current dividend yield, its reliability and sustainability?

5.49%

Current Dividend Yield


Dividend Yield vs Market

company5.5%marketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Years5.8%

Current dividend yield vs market & industry

Notable Dividend: R's dividend (5.49%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: R's dividend (5.49%) is in the top 25% of dividend payers in the US market (3.73%)


Stability and Growth of Payments

Stable Dividend: R's dividends per share have been stable in the past 10 years.

Growing Dividend: R's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: R is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: R's dividends in 3 years are forecast to be covered by earnings (66% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Robert Sanchez (54yo)

7.1yrs

Tenure

US$7,351,625

Compensation

Mr. Robert E. Sanchez serves as President at Ryder System, Inc. and has been Chief Executive Officer since January 2013 and Chairman since May 2013 and served as its President from 2012 to 2014, and served ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD7.35M) is above average for companies of similar size in the US market ($USD3.81M).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Sanchez
Chairman7.1yrsUS$7.35m0.27% $5.9m
John Diez
President of Fleet Management Solutions0.5yrsUS$2.20m0.059% $1.3m
John Sensing
President of Global Supply Chain Solutions4.9yrsUS$2.20m0.021% $448.6k
Scott Parker
Executive VP & CFO0.8yrsno data0.17% $3.6m
Rajeev Ravindran
Senior VP & Chief Information Officer2.1yrsno data0.017% $365.8k
Robert Brunn
Vice President of Investor Relations0yrsno datano data
Robert Fatovic
Executive VP15.8yrsUS$1.40m0.076% $1.7m
John Gleason
Executive VP & Chief Sales Officer4.3yrsno data0.056% $1.2m
Karen Jones
Executive VP & Chief Marketing Officer6.4yrsno data0.0053% $115.4k
Francisco Lopez
Executive VP & Chief Human Resources Officer4yrsno data0.015% $324.5k

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: R's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Sanchez
Chairman7.1yrsUS$7.35m0.27% $5.9m
Hansel Tookes
Lead Independent Director5.1yrsUS$329.13k0.0019% $40.9k
E. Smith
Independent Director14.6yrsUS$299.51k0.061% $1.3m
Luis Nieto
Independent Director13yrsUS$290.27k0.046% $1.0m
Robert Hagemann
Independent Director5.5yrsUS$269.04k0.0045% $97.8k
David Nord
Independent Director1.9yrsUS$226.50k0.0037% $81.5k
Abbie Smith
Independent Director16.6yrsUS$283.07kno data
Michael Hilton
Independent Director7.6yrsUS$253.09kno data
Tamara Adler Lundgren
Independent Director7.3yrsUS$260.26k0.027% $586.6k
Robert Eck
Independent Director8.8yrsUS$266.36k0.0036% $77.6k

7.5yrs

Average Tenure

61.5yo

Average Age

Experienced Board: R's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ryder System, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ryder System, Inc.
  • Ticker: R
  • Exchange: NYSE
  • Founded: 1933
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$2.173b
  • Shares outstanding: 53.29m
  • Website: https://www.ryder.com

Number of Employees


Location

  • Ryder System, Inc.
  • 11690 NW 105th Street
  • Miami
  • Florida
  • 33178
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RNYSE (New York Stock Exchange)YesCommon SharesUSUSDJan 1968
RYDDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1968

Biography

Ryder System, Inc. provides transportation and supply chain management solutions worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as fleet support services. This segment also provides access to diesel fuel; offers fuel services, such as fuel planning and tax reporting, centralized billing, fuel cards, and fuel monitoring services; and sells used vehicles through its 53 retail sales centers and Usedtrucks.Ryder.com Website. The DTS segment offers equipment, maintenance, drivers, administrative, and additional services, as well as routing and scheduling, fleet sizing, safety, regulatory compliance, risk management, technology and communication systems support, and other technical support services. The SCS segment comprises distribution management services, such as managing the flow of goods from the receiving to the shipping function; coordinating warehousing and transportation for inbound and outbound material flows; handling import and export for international shipments; coordinating just-in-time replenishment of component parts to manufacturing and final assembly; and providing shipments to customer distribution centers or end customer delivery points, as well as other value added services. This segment also offers transportation management services, such as shipment optimization, load scheduling, and delivery confirmation services through technological and Web-based solutions; and knowledge-based professional services. Ryder System, Inc. was founded in 1933 and is headquartered in Miami, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 00:40
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.