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Ryder System (FRA:RYD) 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 €27 Mil. Ryder System's Pre-Tax Income for the three months ended in Mar. 2024 was €105 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.

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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 )
=194.404/566.706
=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 )
=26.68/104.88
=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

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Ryder System (FRA:RYD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ryder System Inc (FRA:RYD) » Definitions » Tax Rate %
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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.

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