Ryder System (R) Inventory Average (2010 - 2023)
Ryder System (R) recorded quarterly Inventory Average of $74.5 million in Q3 2023, up 0.68% quarter-over-quarter from $74.0 million in Q2 2023, and down 7.23% on a YoY basis from $80.3 million in Q3 2022.
Ryder System (R) Inventory Average (2010 - 2023) Analysis & Trends
Ryder System's Inventory Average history runs 14 years deep, the most recent figure standing at $74.5 million for Q3 2023.
- In Q3 2023, Inventory Average fell 7.23% year-over-year to $74.5 million; the TTM figure through Sep 2023 stood at $74.5 million (down 7.23% YoY), while the FY2022 annual figure was $73.5 million, up 12.91% from the prior year.
- Inventory Average was $74.5 million for Q3 2023 at Ryder System, up from $74.0 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $82.1 million in Q3 2019 to a low of $60.9 million in Q4 2020.
- Historically, Inventory Average has averaged $72.2 million across 5 years, with a median of $74.0 million in 2023.
- The sharpest annual moves came in 2020 and 2022: Inventory Average retreated 25.77% in 2020, then advanced 27.21% in 2022.
- A 5-year view of Inventory Average shows it stood at $82.0 million in 2019, then declined by 25.77% to $60.9 million in 2020, then rose by 11.54% to $67.9 million in 2021, then climbed by 15.23% to $78.3 million in 2022, then dropped by 4.8% to $74.5 million in 2023.
- The last three Inventory Average figures came in at $74.5 million (Q3 2023), $74.0 million (Q2 2023), and $76.0 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 175.58 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | - |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | - |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | - |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 45.87 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | - |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 9.59 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 976.71 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | 366.00 Mn |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 172.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 74.50 Mn |
| Jun 30, 2023 | 74.00 Mn |
| Mar 31, 2023 | 76.00 Mn |
| Dec 31, 2022 | 78.26 Mn |
| Sep 30, 2022 | 80.31 Mn |
| Jun 30, 2022 | 78.46 Mn |
| Mar 31, 2022 | 71.91 Mn |
| Dec 31, 2021 | 67.92 Mn |
| Sep 30, 2021 | 64.77 Mn |
| Jun 30, 2021 | 61.68 Mn |
| Mar 31, 2021 | 60.92 Mn |
| Dec 31, 2020 | 60.89 Mn |
| Sep 30, 2020 | 61.43 Mn |
| Jun 30, 2020 | 63.85 Mn |
| Mar 31, 2020 | 73.12 Mn |
| Dec 31, 2019 | 82.02 Mn |
| Sep 30, 2019 | 82.09 Mn |
| Jun 30, 2019 | 80.52 Mn |
| Mar 31, 2019 | 79.66 Mn |
| Dec 31, 2018 | 78.67 Mn |