Ryder Free Cash Flow Yield vs Free Cash Flow Analysis

R Stock

USD 163.99 0.22 0.13%

Ryder System financial indicator trend analysis is much more than just breaking down Ryder System prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ryder System is a good investment. Please check the relationship between Ryder System Free Cash Flow Yield and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryder System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.

Free Cash Flow Yield vs Free Cash Flow

Free Cash Flow Yield vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ryder System Free Cash Flow Yield account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ryder System's Free Cash Flow Yield and Free Cash Flow is 0.95. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Ryder System, assuming nothing else is changed. The correlation between historical values of Ryder System's Free Cash Flow Yield and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Ryder System are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Ryder System's Free Cash Flow Yield and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Ryder System's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ryder System current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ryder System. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.At this time, Ryder System's Discontinued Operations is relatively stable compared to the past year. As of 12/11/2024, Tax Provision is likely to grow to about 222.6 M, while Issuance Of Capital Stock is likely to drop slightly above 1.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.8B	2.8B	2.3B	2.1B
Total Revenue	9.7B	12.5B	11.8B	6.7B

Gross Profit Total Revenue

Ryder System fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.81	-0.33	0.36	0.93	0.52	0.8	0.93	0.54	0.99	0.23	0.54	0.68	-0.65	0.97	-0.2	0.38	0.95	1.0	0.81	0.64	-0.05	0.83	-0.62	0.53	-0.62
Short Long Term Debt Total	0.81		-0.06	0.72	0.76	0.21	1.0	0.73	0.54	0.79	0.61	0.54	0.93	-0.65	0.75	-0.56	0.16	0.73	0.8	0.72	0.89	0.3	0.68	-0.58	0.86	-0.58
Other Current Liab	-0.33	-0.06		0.47	-0.31	-0.76	-0.07	-0.39	0.27	-0.36	0.44	0.27	0.16	-0.01	-0.47	-0.51	-0.82	-0.4	-0.32	-0.05	0.06	0.69	-0.09	0.21	0.18	0.21
Total Current Liabilities	0.36	0.72	0.47		0.37	-0.5	0.72	0.28	0.54	0.31	0.96	0.54	0.87	-0.51	0.19	-0.94	-0.24	0.24	0.35	0.56	0.83	0.75	0.45	-0.29	0.91	-0.29
Total Stockholder Equity	0.93	0.76	-0.31	0.37		0.46	0.76	0.99	0.54	0.91	0.27	0.54	0.7	-0.56	0.86	-0.22	0.33	0.89	0.89	0.8	0.67	0.02	0.9	-0.54	0.51	-0.54
Property Plant And Equipment Net	0.52	0.21	-0.76	-0.5	0.46		0.21	0.54	-0.05	0.56	-0.61	-0.05	-0.05	-0.22	0.69	0.65	0.69	0.65	0.52	0.17	-0.09	-0.76	0.23	-0.44	-0.24	-0.45
Net Debt	0.8	1.0	-0.07	0.72	0.76	0.21		0.73	0.51	0.79	0.61	0.51	0.92	-0.66	0.76	-0.56	0.16	0.73	0.8	0.7	0.88	0.29	0.67	-0.59	0.86	-0.58
Retained Earnings	0.93	0.73	-0.39	0.28	0.99	0.54	0.73		0.46	0.92	0.18	0.46	0.64	-0.57	0.88	-0.14	0.36	0.89	0.89	0.74	0.61	-0.08	0.86	-0.56	0.46	-0.56
Cash	0.54	0.54	0.27	0.54	0.54	-0.05	0.51	0.46		0.46	0.39	1.0	0.72	-0.28	0.42	-0.31	-0.06	0.46	0.53	0.89	0.66	0.55	0.68	-0.15	0.36	-0.15
Non Current Assets Total	0.99	0.79	-0.36	0.31	0.91	0.56	0.79	0.92	0.46		0.19	0.46	0.64	-0.67	0.98	-0.17	0.39	0.95	0.99	0.74	0.59	-0.13	0.79	-0.65	0.51	-0.65
Non Currrent Assets Other	0.23	0.61	0.44	0.96	0.27	-0.61	0.61	0.18	0.39	0.19		0.39	0.75	-0.32	0.05	-0.96	-0.29	0.07	0.22	0.42	0.75	0.77	0.36	-0.1	0.9	-0.09
Cash And Short Term Investments	0.54	0.54	0.27	0.54	0.54	-0.05	0.51	0.46	1.0	0.46	0.39		0.72	-0.28	0.42	-0.31	-0.06	0.46	0.53	0.89	0.66	0.55	0.68	-0.15	0.36	-0.15
Net Receivables	0.68	0.93	0.16	0.87	0.7	-0.05	0.92	0.64	0.72	0.64	0.75	0.72		-0.59	0.56	-0.69	0.04	0.59	0.66	0.81	0.95	0.55	0.72	-0.46	0.86	-0.46
Common Stock Shares Outstanding	-0.65	-0.65	-0.01	-0.51	-0.56	-0.22	-0.66	-0.57	-0.28	-0.67	-0.32	-0.28	-0.59		-0.61	0.44	-0.26	-0.72	-0.66	-0.43	-0.49	0.1	-0.38	0.95	-0.57	0.95
Non Current Liabilities Total	0.97	0.75	-0.47	0.19	0.86	0.69	0.76	0.88	0.42	0.98	0.05	0.42	0.56	-0.61		-0.02	0.49	0.96	0.97	0.69	0.52	-0.24	0.71	-0.65	0.41	-0.65
Inventory	-0.2	-0.56	-0.51	-0.94	-0.22	0.65	-0.56	-0.14	-0.31	-0.17	-0.96	-0.31	-0.69	0.44	-0.02		0.35	-0.08	-0.19	-0.33	-0.68	-0.72	-0.29	0.21	-0.88	0.21
Other Current Assets	0.38	0.16	-0.82	-0.24	0.33	0.69	0.16	0.36	-0.06	0.39	-0.29	-0.06	0.04	-0.26	0.49	0.35		0.51	0.38	0.22	-0.01	-0.65	0.15	-0.46	-0.07	-0.47
Other Stockholder Equity	0.95	0.73	-0.4	0.24	0.89	0.65	0.73	0.89	0.46	0.95	0.07	0.46	0.59	-0.72	0.96	-0.08	0.51		0.94	0.71	0.51	-0.24	0.72	-0.76	0.42	-0.76
Total Liab	1.0	0.8	-0.32	0.35	0.89	0.52	0.8	0.89	0.53	0.99	0.22	0.53	0.66	-0.66	0.97	-0.19	0.38	0.94		0.79	0.62	-0.07	0.8	-0.63	0.52	-0.63
Total Current Assets	0.81	0.72	-0.05	0.56	0.8	0.17	0.7	0.74	0.89	0.74	0.42	0.89	0.81	-0.43	0.69	-0.33	0.22	0.71	0.79		0.77	0.38	0.89	-0.33	0.51	-0.33
Short Term Debt	0.64	0.89	0.06	0.83	0.67	-0.09	0.88	0.61	0.66	0.59	0.75	0.66	0.95	-0.49	0.52	-0.68	-0.01	0.51	0.62	0.77		0.59	0.66	-0.35	0.84	-0.35
Intangible Assets	-0.05	0.3	0.69	0.75	0.02	-0.76	0.29	-0.08	0.55	-0.13	0.77	0.55	0.55	0.1	-0.24	-0.72	-0.65	-0.24	-0.07	0.38	0.59		0.29	0.34	0.52	0.34
Accounts Payable	0.83	0.68	-0.09	0.45	0.9	0.23	0.67	0.86	0.68	0.79	0.36	0.68	0.72	-0.38	0.71	-0.29	0.15	0.72	0.8	0.89	0.66	0.29		-0.29	0.48	-0.29
Common Stock Total Equity	-0.62	-0.58	0.21	-0.29	-0.54	-0.44	-0.59	-0.56	-0.15	-0.65	-0.1	-0.15	-0.46	0.95	-0.65	0.21	-0.46	-0.76	-0.63	-0.33	-0.35	0.34	-0.29		-0.41	1.0
Property Plant And Equipment Gross	0.53	0.86	0.18	0.91	0.51	-0.24	0.86	0.46	0.36	0.51	0.9	0.36	0.86	-0.57	0.41	-0.88	-0.07	0.42	0.52	0.51	0.84	0.52	0.48	-0.41		-0.41
Common Stock	-0.62	-0.58	0.21	-0.29	-0.54	-0.45	-0.58	-0.56	-0.15	-0.65	-0.09	-0.15	-0.46	0.95	-0.65	0.21	-0.47	-0.76	-0.63	-0.33	-0.35	0.34	-0.29	1.0	-0.41

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Ryder System Account Relationship Matchups

Ryder System fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.5B	12.9B	13.8B	14.4B	15.8B	8.4B
Short Long Term Debt Total	8.0B	6.7B	6.7B	7.9B	8.1B	8.6B
Other Current Liab	(598.5M)	130.5M	(591.3M)	877M	870M	913.5M
Total Current Liabilities	1.5B	1.5B	1.9B	2.0B	3.6B	3.8B
Total Stockholder Equity	2.5B	2.3B	2.8B	2.9B	3.1B	1.8B
Property Plant And Equipment Net	11.3B	9.7B	9.3B	9.3B	2.2B	2.1B
Net Debt	7.9B	6.5B	6.3B	7.6B	7.9B	8.3B
Retained Earnings	2.2B	1.9B	2.3B	2.5B	2.6B	1.3B
Cash	73.6M	151.3M	234M	267M	204M	121.5M
Non Current Assets Total	12.9B	11.3B	11.4B	12.2B	13.5B	7.0B
Non Currrent Assets Other	1.0B	1.1B	1.3B	130M	9.9B	10.4B
Cash And Short Term Investments	73.6M	151.3M	234M	267M	204M	121.5M
Net Receivables	1.2B	1.2B	1.5B	1.6B	1.7B	1.8B
Common Stock Shares Outstanding	52.3M	52.4M	53.5M	50.9M	46.5M	50.3M
Liabilities And Stockholders Equity	14.5B	12.9B	13.8B	14.4B	15.8B	8.4B
Non Current Liabilities Total	10.5B	9.1B	9.2B	9.5B	9.1B	5.2B
Inventory	80.8M	61.2M	68.7M	78M	(1.7B)	(1.6B)
Other Current Assets	1.5B	1.4B	2.2B	245M	347M	586.3M
Other Stockholder Equity	1.1B	1.1B	1.2B	1.2B	1.1B	796.8M
Total Liab	12.0B	10.7B	11.0B	11.5B	12.7B	6.6B
Total Current Assets	1.6B	1.6B	2.5B	2.2B	2.3B	1.4B
Short Term Debt	1.2B	595.4M	1.4B	1.5B	1.8B	1.9B
Intangible Assets	50.9M	43.2M	170.2M	295M	396M	415.8M
Accounts Payable	594.7M	547.4M	747.9M	767M	833M	481.5M
Common Stock Total Equity	26.6M	26.9M	26.9M	23M	20.7M	19.7M
Property Plant And Equipment Gross	12.2B	10.7B	9.3B	9.3B	18.1B	19.0B
Accumulated Other Comprehensive Income	(836.5M)	(817.2M)	(689.2M)	(796M)	(655M)	(622.3M)
Common Stock	26.6M	26.9M	26.9M	23M	22M	20.9M
Other Liab	2.5B	2.5B	2.6B	2.6B	3.0B	3.1B
Long Term Debt	6.8B	6.6B	5.2B	6.4B	5.5B	4.0B
Good Will	475.0M	475.2M	570.9M	861M	940M	987M
Property Plant Equipment	917.8M	8.8B	8.3B	8.2B	9.4B	9.9B
Current Deferred Revenue	247.8M	263.3M	277.3M	262M	177M	122.4M
Net Tangible Assets	2.0B	1.7B	2.1B	1.8B	2.0B	1.8B
Retained Earnings Total Equity	2.2B	1.9B	2.3B	2.5B	2.9B	2.0B
Long Term Debt Total	6.8B	6.1B	5.2B	5.0B	5.8B	5.1B
Capital Surpluse	1.1B	1.1B	1.2B	1.2B	1.4B	1.1B
Deferred Long Term Liab	1.2B	1.1B	1.3B	1.6B	1.8B	1.5B

Pair Trading with Ryder System

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ryder System position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ryder System will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ryder Stock

0.94	AL	Air Lease	Pair Corr
0.82	WLFC	Willis Lease Finance	Pair Corr
0.72	AER	AerCap Holdings NV	Pair Corr

Moving against Ryder Stock

0.78	YAYO	Yayyo Inc	Pair Corr
0.65	ZCAR	Zoomcar Holdings Symbol Change	Pair Corr
0.64	MWG	Multi Ways Holdings	Pair Corr
0.56	GSL	Global Ship Lease	Pair Corr
0.36	FTAIO	Fortress Transportation	Pair Corr

The ability to find closely correlated positions to Ryder System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryder System when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ryder System - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ryder System to buy it.

The correlation of Ryder System is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ryder System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryder System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ryder System can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Ryder Stock Analysis

When running Ryder System's price analysis, check to measure Ryder System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.

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