Ryder System (MEX:R1) Piotroski F-Score: 7 (As of Jul. 11, 2026) — 17% Above Median


MEX:R1 Ryder System Inc MEX:R1
48 GF Score
Price MXN3,955.69
GF Value MXN2,368.75
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Ryder System Piotroski F-Score?

Ryder System MEX:R1 48 Piotroski F-Score is 7 as of Jul. 11, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates MEX:R1 with a GF Score™ of 48/100 and a GF Value™ of MXN2,368.75 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,065 Business Services companies, Ryder System ranks better than 88.92% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ryder System has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Ryder System's Piotroski F-Score or its related term are showing as below:

MEX:R1' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 7

During the past 13 years, the highest Piotroski F-Score of Ryder System was 9. The lowest was 3. And the median was 6.

Ryder System  (MEX:R1) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Ryder System Piotroski F-Score Related Terms


Ryder System Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ryder System's Piotroski F-Score 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.

Ryder System Piotroski F-Score Chart

Ryder System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 8.00 4.00 6.00 6.00

Ryder System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 7.00 6.00 6.00 6.00 7.00

MEX:R1 vs UHAL, GATX, CAR: Piotroski F-Score Comparison

For the Rental & Leasing Services subindustry, Ryder System's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Ryder System's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ryder System's Piotroski F-Score falls into.


MEX:R1
48GF Score
Ryder System Inc MEX:R1
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 2466.625 + 2531.5 + 2376.752 + 1677.041 = MXN9,052 Mil.
Cash Flow from Operations was 14159.558 + 8108.136 + 13486.269 + 10513.064 = MXN46,267 Mil.
Revenue was 60008.66 + 58224.491 + 57384.166 + 56586.613 = MXN232,204 Mil.
Gross Profit was 12427.272 + 12253.926 + 11469.631 + 10927.816 = MXN47,079 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(335944.102 + 310116.924 + 303559.822 + 295059.406 + 292634.656) / 5 = MXN307462.982 Mil.
Total Assets at the begining of this year (Mar25) was MXN335,944 Mil.
Long-Term Debt & Capital Lease Obligation was MXN120,801 Mil.
Total Current Assets was MXN44,829 Mil.
Total Current Liabilities was MXN66,144 Mil.
Net Income was 2326.653 + 2796.023 + 2815.519 + 2004.904 = MXN9,943 Mil.

Revenue was 58642.65 + 62674.225 + 66884.23 + 64238.748 = MXN252,440 Mil.
Gross Profit was 11871.427 + 12897.147 + 13743.906 + 12602.251 = MXN51,115 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(273522.879 + 300596.25 + 324830.879 + 347706.23 + 335944.102) / 5 = MXN316520.068 Mil.
Total Assets at the begining of last year (Mar24) was MXN273,523 Mil.
Long-Term Debt & Capital Lease Obligation was MXN151,657 Mil.
Total Current Assets was MXN47,627 Mil.
Total Current Liabilities was MXN65,405 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ryder System's current Net Income (TTM) was 9,052. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ryder System's current Cash Flow from Operations (TTM) was 46,267. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=9051.918/335944.102
=0.02694471

ROA (Last Year)=Net Income/Total Assets (Mar24)
=9943.099/273522.879
=0.03635198

Ryder System's return on assets of this year was 0.02694471. Ryder System's return on assets of last year was 0.03635198. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ryder System's current Net Income (TTM) was 9,052. Ryder System's current Cash Flow from Operations (TTM) was 46,267. ==> 46,267 > 9,052 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=120801.057/307462.982
=0.39289626

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=151656.637/316520.068
=0.47913751

Ryder System's gearing of this year was 0.39289626. Ryder System's gearing of last year was 0.47913751. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=44829.292/66143.944
=0.67775354

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=47626.69/65404.865
=0.72818268

Ryder System's current ratio of this year was 0.67775354. Ryder System's current ratio of last year was 0.72818268. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Ryder System's number of shares in issue this year was 39.611. Ryder System's number of shares in issue last year was 42.929. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=47078.645/232203.93
=0.20274698

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=51114.731/252439.853
=0.20248281

Ryder System's gross margin of this year was 0.20274698. Ryder System's gross margin of last year was 0.20248281. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=232203.93/335944.102
=0.69119811

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=252439.853/273522.879
=0.92292043

Ryder System's asset turnover of this year was 0.69119811. Ryder System's asset turnover of last year was 0.92292043. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ryder System has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Ryder System (MEX:R1) has a Piotroski F-Score of 7 as of Jul. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ryder System and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Ryder System's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Ryder System ranks #118 out of 1065 companies in the Business Services industry, placing it in the top 11.1%.
Is Ryder System's Piotroski F-Score too high?
Ryder System's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Business Services industry median Piotroski F-Score is 5.00. Ryder System's value of 7 is 40% above this industry median. Based on the distribution chart, Ryder System ranks #118 out of 1065 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ryder System has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ryder System's Piotroski F-Score compare to UHAL and GATX?
According to the Business Services industry distribution chart, Ryder System ranks #118 out of 1065 companies for Piotroski F-Score. This places Ryder System in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Ryder System's value of 7 is 40% above this benchmark. Historically, Ryder System's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Ryder System has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryder System's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ryder System and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryder System's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryder System stock overvalued right now?
Based on GuruFocus' analysis, Ryder System (MEX:R1) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,368.75, compared to a current price of MXN3,955.69 — trading 67% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Business Services industry median of 5.00. Ryder System's overall GF Score™ is 48/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Ryder System (MEX:R1), the current Piotroski F-Score is 7 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ryder System (MEX:R1) Overvalued in 2026?

Based on GuruFocus' analysis, Ryder System stock appears to be overvalued. The current stock price of MXN3,955.69 is trading 67% above its estimated GF Value™ of MXN2,368.75. GuruFocus considers Ryder System to be Significantly Overvalued.

Key valuation signals for MEX:R1:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: MXN2,368.75 vs. price of MXN3,955.69 (67% above fair value)
  • GF Score™: 48/100 with 10 warning signs
  • Industry Position: 40% above the Business Services median (#118 of 1065)

No single metric tells the full story. See the MEX:R1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ryder System Business Description

Other Exchanges R:USARYD:Germany
Address 2333 Ponce de Leon Boulevard, Suite 700, Miami Coral Gables, FL, USA, 33134
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.
48GF Score

Get the complete analysis for MEX:R1

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,955.69
Price
MXN2,368.75
GF Value