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Ryder System, Inc.

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Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
12,636
Cost of Revenue
10,216
Gross Profit
2,420
Gross Margin
19.2%
Operating Income
995
Operating Margin
7.9%
Net Income
489
Net Margin
3.9%
EPS (Basic)
$11.29
EPS (Diluted)
$11.06
EBITDA
2,794
EBITDA Margin
22.1%

2023

12/31/2023

Revenue
11,783
Cost of Revenue
9,519
Gross Profit
2,264
Gross Margin
19.2%
Operating Income
878
Operating Margin
7.5%
Net Income
406
Net Margin
3.4%
EPS (Basic)
$9.20
EPS (Diluted)
$8.69
EBITDA
2,932
EBITDA Margin
24.9%

2022

12/31/2022

Revenue
12,011
Cost of Revenue
9,621
Gross Profit
2,390
Gross Margin
19.9%
Operating Income
975
Operating Margin
8.1%
Net Income
867
Net Margin
7.2%
EPS (Basic)
$17.40
EPS (Diluted)
$16.94
EBITDA
3,393
EBITDA Margin
28.2%

2021

12/31/2021

Revenue
9,663
Cost of Revenue
7,861
Gross Profit
1,802
Gross Margin
18.6%
Operating Income
615
Operating Margin
6.4%
Net Income
519
Net Margin
5.4%
EPS (Basic)
$9.94
EPS (Diluted)
$9.65
EBITDA
2,701
EBITDA Margin
28.0%

2020

12/31/2020

Revenue
8,420
Cost of Revenue
7,145
Gross Profit
1,275
Gross Margin
15.1%
Operating Income
258
Operating Margin
3.1%
Net Income
-123
Net Margin
-1.5%
EPS (Basic)
$-2.34
EPS (Diluted)
$-2.34
EBITDA
2,258
EBITDA Margin
26.8%