Ryder System Stock
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Ryder System Stock
Pros and Cons of Ryder System in the next few years
Pros
Cons
Performance of Ryder System vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Ryder System | 0.000% | 3.788% | 3.008% | 18.103% | -9.272% | 104.478% | 317.683% |
| Werner Enterprises Inc. | -0.860% | -0.847% | 1.739% | -29.518% | -31.977% | -35.714% | -38.743% |
| Knight-Swift Transportation Holdings Inc | 1.600% | 2.732% | -2.591% | -16.814% | -26.275% | -13.364% | 1.622% |
| Landstar System | 0.850% | 0.000% | -3.306% | -31.176% | -29.518% | -15.217% | 18.182% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financials of Ryder System (NYSE: R), a company operating in the Freight & Logistics Services industry, provide an interesting perspective with mixed signals. At first glance, the overall financial position of the company seems to be improving in certain areas, especially in terms of net income and total revenue. However, a deeper dive into the numbers reveals certain key points that warrant further attention, both as potential strengths and weaknesses.
Increasing net income: Ryder System has seen a turnaround in its net income over the last couple of years. The company had a net loss in 2020 but managed to deliver a positive net income in 2021 and continued to grow in 2022. This is a positive sign and indicates that the company is working on improving its profitability.
Growing total revenue: The company's total revenue has been on an upward trajectory over the last three years. In 2022, the revenue reached $12.46 billion, which is an increase compared to the previous years. This growth trend suggests that Ryder System is effectively capturing market share and increasing its earnings potential.
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