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Ryder System R UNITED KINGDOM — Business exit costs

Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$3.1B-0.2%
Net income$93.0M-5.1%
EPS (diluted)$2.33+2.6%

Balance sheet

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Cash & equivalents$182.0M+20.5%
Total debt$10.4B+5.0%
Total equity$2.9B-4.8%
Total assets$16.2B-1.2%

Cash flow

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Operating cash flow$583.0M-10.4%
CapEx$427.0M-16.9%
Free cash flow$156.0M+13.9%

Valuation

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Market cap$10.19B+33.7%
Enterprise value$20.44B+15.8%
P/E20.6×+5.4×
P/S0.8×+0.2×

Profitability

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Gross margin59.1%
Net margin3.9%-0.1pp
FCF margin-0%0.0pp

Returns & leverage

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Return on equity16.9%+0.3pp
Debt / equity3.7×+0.3×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Ryder System in its filing.

Tagged under the XBRL concept us-gaap:BusinessExitCosts1.

The official record: Ryder System’s 10-K, filed February 12, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ryder System's UNITED KINGDOM — business exit costs?
Ryder System (R) reported UNITED KINGDOM — business exit costs of $500K in Q4 2023.
How has Ryder System's UNITED KINGDOM — business exit costs changed year-over-year?
Ryder System's UNITED KINGDOM — business exit costs decreased by 95.9% year-over-year, from $12.25M to $500K.
What does UNITED KINGDOM — business exit costs mean?
The one-time costs associated with closing or restructuring business operations in a specific region.
How do you interpret UNITED KINGDOM — business exit costs?
An increase indicates active restructuring or withdrawal from a market, which may signal short-term financial pressure but potential long-term efficiency gains.
How does UNITED KINGDOM — business exit costs compare across companies?
Peers often report these as restructuring charges or discontinued operations, with high variance depending on the scale of the exit.