Inferra AI / Company / R
Ryder System Inc.
R · Industrials
Last earnings Oct 22, 2026
Key results
Total revenuequarter
$3.2 billion
Total revenue of $3.2 billion, consistent with prior year Operating revenue (non-GAAP) of $2.6 billion, up 1%
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Operating revenuequarter
$2.6 billion
Total revenue of $3.2 billion, consistent with prior year Operating revenue (non-GAAP) of $2.6 billion, up 1%
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Growthquarter
up 1%
Total revenue of $3.2 billion, consistent with prior year Operating revenue (non-GAAP) of $2.6 billion, up 1%
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Revenuequarter
5%
revenue increased 5% and 4%, respectively Total revenue reflects increased operating revenue and subcontracted transportation costs passed through to customers Increase in operating revenue primarily driven by new business in omnichannel retail SCS EBT of $86 million
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
revenue decreased 10% and 6%, respectively Total revenue reflects decreased subcontracted transportation costs and operating revenue
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Operating revenue decreased due to lower fleet count reflecting prolonged freight market downturn DTS EBT of $36 million, in line with prior year Reflects acquisition synergies offset by lower operating revenue
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Free cash flowquarter
$496 million
Free cash flow (non-GAAP) of $496 million compared to $218 million in 2024, primarily reflects reduced cash capital expenditures and higher cash provided by operating activities.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
AI analysis
Q3 2025 · reported Oct 23, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Total revenue | $3.2 billion | — | — |
| Operating revenue | $2.6 billion | — | — |
| Growth | up 1% | — | — |
| Revenue | 5% | — | — |
| Free cash flow | $496 million | — | $218 million |
Guidance · company-stated
Direction: raised
No guidance located in the held release
“8 billion, up 6% from prior year, reflecting contractual revenue growth in Supply Chain Solutions (SCS) and FMS Full Year 2026 Forecast ROE (non-GAAP) raised to 18% - 19% Comparable EPS (non-GAAP) range raised to $14.”
Cash flow & capex
Capital allocation
Consistent with this objective, our board recently authorized a new discretionary two-million-share repurchase program that replaces a program that was largely completed.
Event summary
Earnings were in line with our expectations as operating performance from our resilient contractual businesses and benefits from our strategic initiatives more than offset the impact from freight market conditions
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Consistent with this objective, our board recently authorized a new discretionary two-million-share repurchase program that replaces a program that was largely completed.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Capital Expenditures, Cash Flow, and Leverage Capital expenditures decreased to $1.6 billion in 2025 compared to $2.0 billion in 2024, primarily reflecting reduced investments in ChoiceLease and rental.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Free cash flow (non-GAAP) of $496 million compared to $218 million in 2024, primarily reflects reduced cash capital expenditures and higher cash provided by operating activities.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Debt-to-equity as of September 30, 2025 was 254% compared to 250% at year-end 2024 and is at the bottom end of the company's long-term target of 250% to 300%.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Full Year 2025 Outlook Total Revenue Growth 1% Operating Revenue Growth (non-GAAP) 1% FY25 GAAP EPS $12.10 - $12.30 FY25 Comparable EPS (non-GAAP) $12.85 - $13.05 Adjusted ROE (1) 17% Net Cash from Operating Activities from Continuing Operations $2.8B Free Cash Flow (non-GAAP) $900M - $1B Capital Expenditures $2.3B Debt-to-Equity 250% Fourth Quarter 2025 4Q25 GAAP EPS $3.30 - $3.50 4Q25 Comparable EPS (non-GAAP) $3.50 - $3.70 (1) The non-GAAP elements of this calculation have been reconciled to the corresponding GAAP measures.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
We believe comparable EBITDA provides investors with useful information, as it is a standard measure commonly reported and widely used by investors and other interested parties to measure financial performance and our ability to service debt and meet our payment obligations.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Strategy & priorities
Earnings were in line with our expectations as operating performance from our resilient contractual businesses and benefits from our strategic initiatives more than offset the impact from freight market conditions.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
We are on track to deliver earnings growth in 2025 driven by benefits from our lease pricing and multi-year maintenance cost-saving initiatives, acquisition synergies, and optimization of our omnichannel retail network.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
In FMS, higher ChoiceLease earnings continue to be driven by our initiatives.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Consistent execution of our balanced growth strategy enabled us to generate ROE of 17% in the current environment.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
We remain focused on creating shareholder value by investing in profitable growth and strategic initiatives, while returning capital to our shareholders.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Risks & headwinds
A variety of factors, many of which are outside of our control, could cause residual value estimates to differ from actual used vehicle sales pricing, such as changes in supply and demand of used vehicles volatility in market conditions changes in vehicle technology competitor pricing regulatory requirements, including changes to taxes or tariffs driver shortages customer requirements and preferences and changes in underlying assumption factors.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
All of our forward-looking statements should be evaluated by considering the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those in the forward-looking statements.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Important factors that could cause such differences include changes and uncertainty regarding financial, economic and market conditions in the U.
SEC original ↗Ryder System Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Earnings deck slides
1 deck with slide viewCompetitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q3 2026
- 8-KR
Oct 22, 2026
- Q2 2026
- 10-QR
Jul 23, 2026
- 8-KR
Jul 23, 2026
- Q1 2026
- 8-KR
May 4, 2026
- 10-QR
Apr 23, 2026
- 8-KR
Apr 23, 2026
- Q4 2025
- 10-KR
Feb 11, 2026
- 8-KR
Feb 11, 2026
- 8-KR
Jan 23, 2026
- Q3 2025
- 8-KR
Dec 19, 2025
- 8-KR
Dec 12, 2025
- 10-QR
Oct 23, 2025
- 8-KR
Oct 23, 2025
- Q2 2025
- 10-QR
Jul 24, 2025
- 8-KR
Jul 24, 2025
- Q1 2025
- 8-KR
May 5, 2025
- 10-QR
Apr 23, 2025
- 8-KR
Apr 23, 2025
- Q4 2024
- 10-KR
Feb 12, 2025
- 8-KR
Feb 12, 2025
- Q3 2024
- 8-KR
Dec 16, 2024
- 10-QR
Oct 24, 2024
- 8-KR
Oct 24, 2024
- 8-KR
Oct 11, 2024
- Q2 2024
- 10-QR
Jul 25, 2024
- 8-KR
Jul 25, 2024
- Q1 2024
- 8-KR
Jun 13, 2024
- 8-KR
May 6, 2024
- 10-QR
Apr 23, 2024
- 8-KR
Apr 23, 2024
Earnings releases
11 documentsPresentations
1 document- Q3 2026
- RDeck
Transcripts
0 documentsNo transcripts for Ryder System Inc. are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention Ryder System Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“free cash flow (non-GAAP) unchanged at $700 million - $800 million MIAMI, July 23, 2026 – Ryder System, Inc. (NYSE:… …shareholders. Since 2021, we have repurchased 26% of shares outstanding and increased our quarterly dividend by 74%. The recent incr”
“ree cash flow (non-GAAP) unchanged at $700 million - $800 million MIAMI, April 23, 2026 – Ryder System, Inc. (NYSE:… …us to support profitable growth while returning capital to shareholders through share repurchases and dividends.” Full Year 2026 Out”
See also the earnings calendar for every tracked company’s next earnings date.