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Ryder System (Ryder System) Tax Rate % : 25.44% (As of Mar. 2024)


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What is Ryder System Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ryder System's Tax Expense for the three months ended in Mar. 2024 was $29 Mil. Ryder System's Pre-Tax Income for the three months ended in Mar. 2024 was $114 Mil. Therefore, Ryder System's Tax Rate % for the quarter that ended in Mar. 2024 was 25.44%.

Ryder System Tax Rate % Historical Data

The historical data trend for Ryder System's Tax Rate % 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 Tax Rate % Chart

Ryder System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.95 13.85 24.68 29.03 34.30

Ryder System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.35 140.91 24.88 22.50 25.44

Ryder System Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ryder System's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=212/618
=34.30 %

Ryder System's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=29/114
=25.44 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ryder System's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ryder System (Ryder System) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ryder System Inc (NYSE:R) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
11690 N.W. 105th Street, Miami, FL, USA, 33178
Website
https://www.ryder.com
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.
Executives
Robert D Fatovic officer: EVP, CLO & Corp. Secretary 11690 N.W. 105TH STREET, MIAMI FL 33178
Thomas M. Havens officer: President, Global FMS 11690 N.W. 105TH STREET, MIAMI FL 33178
Karen M. Jones officer: EVP & Chief Marketing Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
John S. Sensing officer: President, Global Supply Chain 11690 N.W. 105TH STREET, MIAMI FL 33178
Robert E Sanchez director, officer: Chair and CEO 11690 N.W. 105TH STREET, MIAMI FL 33178
John J. Diez officer: President, Ryder Dedicated 11690 N.W. 105TH STREET, MIAMI FL 33178
Francisco Jr. Lopez officer: SVP & Chief HR Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
Nieto Luis P Jr director 11690 N.W. 105TH STREET, MIAMI FL 33178
E Follin Smith director C/O CONSTELLATION ENERGY GROUP INC, 250 W. PRATT ST., BALTIMORE MD 21201
Sanford J. Hodes officer: SVP, Chief Procurement Officer 11690 NW 105 STREET, MIAMI FL 33178
Rajeev Ravindran officer: SVP & CIO 11690 N.W. 105TH STREET, MIAMI FL 33178
Charles M Swoboda director C/O CREE, INC., 4600 SILICON DRIVE, DURHAM NC 27703
Cristina Gallo-aquino officer: SVP and Controller 11690 N.W. 105TH STREET, MIAMI FL 33178
Scott T Parker officer: EVP & CFO C/O RYDER SYSTEM, INC., 11690 N.W. 105TH STREET, MIAMI FL 33178
John J Gleason officer: EVP Chief Sales Officer 11690 N.W. 105TH STREET, MIAMI FL 33178