Ryder(US:R)2021-03-16 15:39Company Overview - Ryder's 2020 annual revenue was $8.4 billion[15] - Fleet Management Solutions (FMS) accounted for 62% of Ryder's 2020 operating revenue[16] - Supply Chain Solutions (SCS) contributed 25% to the 2020 operating revenue[16] - Dedicated Transportation Solutions (DTS) made up 13% of the 2020 operating revenue[16] - 89% of Ryder's total revenue was generated in the U S in 2020[16] Market and Growth - Ryder operates in a $1.5 trillion addressable market[19] - The commercial vehicle market represents $225 billion[20] - The dedicated transportation market is valued at $800 billion[20] - The warehouse & truck-based transportation management market is $1.3 trillion[20] Financial Targets and Performance - Ryder aims to achieve a 15% adjusted ROE target[13, 36] - The company expects free cash flow to range between $400 million and $700 million in 2021[28] - Over $1.9 billion in cash was returned to shareholders between 2008 and 2020, including $1.038 billion in dividends and $895 million in share repurchases[34]