Ryder System (FRA:RYD) COGS-to-Revenue : 0.81 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Ryder System COGS-to-Revenue?

Ryder System's Cost of Goods Sold for the three months ended in Mar. 2024 was €2,330 Mil. Its Revenue for the three months ended in Mar. 2024 was €2,869 Mil.

Ryder System's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ryder System's Gross Margin % for the three months ended in Mar. 2024 was 18.76%.

Ryder System COGS-to-Revenue Historical Data

The historical data trend for Ryder System's COGS-to-Revenue 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 COGS-to-Revenue Chart

Ryder System Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.85

0.79

0.77

0.79

Ryder System Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.78	0.78	0.80	0.81

Ryder System COGS-to-Revenue Calculation

Ryder System's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8696.828	/	10984.743
	=	0.79

Ryder System's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2330.36	/	2868.56
	=	0.81

Ryder System (FRA:RYD) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Ryder System's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2330.36 / 2868.56
	=	18.76 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Ryder System COGS-to-Revenue Related Terms

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

Ryder System (FRA:RYD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ryder System Inc (FRA:RYD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

R:USA

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.

Ryder System (FRA:RYD) Headlines

No Headlines