Ryder System (R) Gross Margin (2011 - 2026)
Ryder System (R) recorded Gross Margin of 19.95% in Q3 2026, down 1.02 percentage points from 20.97% a year earlier but up 0.23 percentage points from the prior quarter.
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Analysis
Ryder System (R) Gross Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Ryder System's Gross Margin came in at 19.60% as of Sep 30, 2026, down 0.71 percentage points year-over-year; for FY2025, it came in at 20.18%, up 0.61 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +5.04 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 19.57% in FY2024 (+0.06 pp), 19.51% in FY2023 (-0.39 pp), 19.90% in FY2022 (+1.25 pp) and 18.65% in FY2021 (+3.51 pp).
- Quarterly Gross Margin has ranged from 17.68% in Q1 2023 to 20.97% in Q3 2025 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of +0.08 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.30 percentage points in Q1 2022, against a drop of 1.59 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.72% (Q2 2026), 19.00% (Q1 2026) and 19.69% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.11 Bn | 168.36 Bn | - | - |
| 2 | United Parcel Service | 94.53 Bn | 71.35 Bn | - | - |
| 3 | Csx | 93.72 Bn | 88.94 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 83.01 Bn | 82.04 Bn | - | - |
| 5 | Fedex | 75.20 Bn | 41.40 Bn | - | - |
| 6 | Norfolk Southern | 73.60 Bn | 68.07 Bn | - | - |
| 7 | Delta Air Lines | 56.18 Bn | 38.36 Bn | - | - |
| 8 | United Airlines Holdings | 35.99 Bn | -21.71 Bn | - | - |
| 9 | Old Dominion Freight Line | 35.33 Bn | 34.59 Bn | - | - |
| 10 | Ryder System | 10.30 Bn | 9.50 Bn | 685.00 Mn | 19.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.95% |
| Jun 30, 2026 | 19.72% |
| Mar 31, 2026 | 19.00% |
| Dec 31, 2025 | 19.69% |
| Sep 30, 2025 | 20.97% |
| Jun 30, 2025 | 20.76% |
| Mar 31, 2025 | 19.39% |
| Dec 31, 2024 | 20.10% |
| Sep 30, 2024 | 20.20% |
| Jun 30, 2024 | 19.77% |
| Mar 31, 2024 | 18.24% |
| Dec 31, 2023 | 19.52% |
| Sep 30, 2023 | 20.42% |
| Jun 30, 2023 | 20.46% |
| Mar 31, 2023 | 17.68% |
| Dec 31, 2022 | 19.37% |
| Sep 30, 2022 | 20.36% |
| Jun 30, 2022 | 20.57% |
| Mar 31, 2022 | 19.27% |
| Dec 31, 2021 | 19.19% |
API Access
Ryder System Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=R&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "R", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=R&period=max&api_key=YOUR_API_KEY");
const data = await res.json();