Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ryder System's share price for the quarter that ended in Dec. 2023 was $115.06. Ryder System's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 44 Mil. Therefore, Ryder System's market cap for the quarter that ended in Dec. 2023 was $5,051 Mil.
Ryder System's quarterly market cap
increased
from Jun. 2023 ($3,860 Mil) to Sep. 2023 ($4,740 Mil) and
increased
from Sep. 2023 ($4,740 Mil) to Dec. 2023 ($5,051 Mil).
Ryder System's annual market cap
declined
from Dec. 2021 ($4,434 Mil) to Dec. 2022 ($3,868 Mil) but then
increased
from Dec. 2022 ($3,868 Mil) to Dec. 2023 ($5,051 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ryder System's Enterprise Value for Today is $12,691 Mil.
Ryder System Market Cap Historical Data
The historical data trend for Ryder System's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Ryder System Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
2,893.54
3,318.49
4,433.83
3,868.18
5,051.38
Ryder System Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
3,868.18
4,148.96
3,860.26
4,740.26
5,051.38
Competitive Comparison
For the Rental & Leasing Services subindustry, Ryder System's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ryder System Market Cap Distribution
For the Business Services industry and Industrials sector, Ryder System's Market Cap distribution charts can be found below:
* The bar in red indicates where Ryder System's Market Cap falls into.
Ryder System Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ryder System's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ryder System (NYSE:R) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ryder System Market Cap Related Terms
Thank you for viewing the detailed overview of Ryder System's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.
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