Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Ryder System's current 3-Year Share Buyback Ratio was 7.90%.
The historical rank and industry rank for Ryder System's 3-Year Share Buyback Ratio or its related term are showing as below:
R'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.5 Med: 0.3 Max: 8.7
Current: 7.9
During the past 13 years, Ryder System's highest 3-Year Share Buyback Ratio was 8.70%. The lowest was -3.50%. And the median was 0.30%.
R's 3-Year Share Buyback Ratio is ranked better than 98.24% of 683
companies
in the Business Services industry
Industry Median: -0.7
vs R: 7.90
Competitive Comparison of Ryder System's 3-Year Share Buyback Ratio
For the Rental & Leasing Services subindustry, Ryder System's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Ryder System's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Ryder System's 3-Year Share Buyback Ratio falls into.
Ryder System 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
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 average dividends per share growth rate.
Ryder System (NYSE:R) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Ryder System 3-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Ryder System's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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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