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Ryder System (Ryder System) Cyclically Adjusted FCF per Share : $-12.39 (As of Mar. 2024)


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What is Ryder System Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Ryder System's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-3.556. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-12.39 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ryder System was 25.00% per year. The lowest was -37.10% per year. And the median was -6.40% per year.

As of today (2024-04-27), Ryder System's current stock price is $121.95. Ryder System's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-12.39. Ryder System's Cyclically Adjusted Price-to-FCF of today is .


Ryder System Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ryder System's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

Ryder System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.62 -14.75 -13.73 -12.72 -12.86

Ryder System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -12.84 -13.03 -12.98 -12.86 -12.39

Competitive Comparison of Ryder System's Cyclically Adjusted FCF per Share

For the Rental & Leasing Services subindustry, Ryder System's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ryder System's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ryder System's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ryder System's Cyclically Adjusted Price-to-FCF falls into.



Ryder System Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Ryder System's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.556/129.4194*129.4194
=-3.556

Current CPI (Mar. 2024) = 129.4194.

Ryder System Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6.999 100.560 -9.008
201409 -0.902 100.428 -1.162
201412 -2.193 99.070 -2.865
201503 -5.073 99.621 -6.590
201506 -7.526 100.684 -9.674
201509 -6.477 100.392 -8.350
201512 -3.944 99.792 -5.115
201603 -3.880 100.470 -4.998
201606 -2.813 101.688 -3.580
201609 0.579 101.861 0.736
201612 0.415 101.863 0.527
201703 -0.562 102.862 -0.707
201706 -1.769 103.349 -2.215
201709 -0.438 104.136 -0.544
201712 -1.621 104.011 -2.017
201803 -6.147 105.290 -7.556
201806 -4.382 106.317 -5.334
201809 -6.973 106.507 -8.473
201812 -7.761 105.998 -9.476
201903 -10.284 107.251 -12.410
201906 -11.881 108.070 -14.228
201909 -3.868 108.329 -4.621
201912 -4.331 108.420 -5.170
202003 0.146 108.902 0.174
202006 7.377 108.767 8.778
202009 8.028 109.815 9.461
202012 4.160 109.897 4.899
202103 1.585 111.754 1.836
202106 2.653 114.631 2.995
202109 0.568 115.734 0.635
202112 -0.432 117.630 -0.475
202203 -2.249 121.301 -2.400
202206 0.511 125.017 0.529
202209 -0.764 125.227 -0.790
202212 -3.822 125.222 -3.950
202303 -3.433 127.348 -3.489
202306 -5.829 128.729 -5.860
202309 -3.977 129.860 -3.964
202312 -5.864 129.419 -5.864
202403 -3.556 129.419 -3.556

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ryder System  (NYSE:R) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ryder System Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Ryder System's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryder System (Ryder System) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11690 N.W. 105th Street, Miami, FL, USA, 33178
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.
Executives
Robert D Fatovic officer: EVP, CLO & Corp. Secretary 11690 N.W. 105TH STREET, MIAMI FL 33178
Thomas M. Havens officer: President, Global FMS 11690 N.W. 105TH STREET, MIAMI FL 33178
Karen M. Jones officer: EVP & Chief Marketing Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
John S. Sensing officer: President, Global Supply Chain 11690 N.W. 105TH STREET, MIAMI FL 33178
Robert E Sanchez director, officer: Chair and CEO 11690 N.W. 105TH STREET, MIAMI FL 33178
John J. Diez officer: President, Ryder Dedicated 11690 N.W. 105TH STREET, MIAMI FL 33178
Francisco Jr. Lopez officer: SVP & Chief HR Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
Nieto Luis P Jr director 11690 N.W. 105TH STREET, MIAMI FL 33178
E Follin Smith director C/O CONSTELLATION ENERGY GROUP INC, 250 W. PRATT ST., BALTIMORE MD 21201
Sanford J. Hodes officer: SVP, Chief Procurement Officer 11690 NW 105 STREET, MIAMI FL 33178
Rajeev Ravindran officer: SVP & CIO 11690 N.W. 105TH STREET, MIAMI FL 33178
Charles M Swoboda director C/O CREE, INC., 4600 SILICON DRIVE, DURHAM NC 27703
Cristina Gallo-aquino officer: SVP and Controller 11690 N.W. 105TH STREET, MIAMI FL 33178
Scott T Parker officer: EVP & CFO C/O RYDER SYSTEM, INC., 11690 N.W. 105TH STREET, MIAMI FL 33178
John J Gleason officer: EVP Chief Sales Officer 11690 N.W. 105TH STREET, MIAMI FL 33178