• Ryder System average pre-tax profit margin for 2023 was 7.12%, a 24.89% decline from 2022.
• Ryder System average pre-tax profit margin for 2022 was 9.48%, a 123.58% decline from 2021.
• Ryder System average pre-tax profit margin for 2021 was 4.24%, a 238.56% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.