Ryder System's annual revenue for 2023 was $11.783 billion.
Ryder System, a prominent leader in commercial fleet management, supply chain solutions, and transportation logistics, continually reports its financial performance. The company's revenue figures provide key insights into its market position and operational scale.
Ryder System's Latest Annual Revenue
For the fiscal year 2023, Ryder System reported an annual revenue of $11.783 billion. This figure represented a slight decrease of 1.9% when compared to its revenue from the previous year.
Historical Revenue Performance and Trends
To understand Ryder's financial trajectory, examining its revenue over recent years offers valuable context. The company has experienced periods of significant growth, influenced by economic conditions and strategic initiatives.
| Year | Annual Revenue | Year-over-Year Change |
|---|---|---|
| 2023 | $11.783 billion | -1.9% |
| 2022 | $12.011 billion | +24.3% |
| 2021 | $9.663 billion | +14.76% |
Looking back, Ryder's annual revenue in 2022 stood at $12.011 billion, which was a substantial 24.3% increase over 2021. Prior to that, 2021 saw revenues of $9.663 billion, indicating a 14.76% growth from 2020. These figures collectively illustrate a strong growth phase preceding the modest decline observed in 2023.
For more detailed financial data and historical revenue trends for Ryder System, you can refer to comprehensive financial tracking platforms such as Macrotrends.
