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Ryder System Inc
F:RYD

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Ryder System Inc Logo
Ryder System Inc
F:RYD
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Price: 222 EUR Market Closed
Market Cap: €9.6B

Ryder System Inc
Investor Relations

Ryder System is a transportation and logistics company that helps businesses move goods and manage fleets of trucks. It rents and leases trucks and trailers, runs dedicated delivery fleets for customers, and provides warehouse and supply chain services. It also maintains vehicles and sells used trucks when they leave the fleet. Its main customers are companies that need reliable shipping and fleet support, such as manufacturers, retailers, distributors, and e-commerce shippers. Ryder makes money through rental and lease payments, contract logistics fees, fleet management services, maintenance work, and the sale of used vehicles and related equipment. What makes Ryder different is that it sits in the middle of the logistics chain as both a fleet owner and an outsourced operations partner. Many customers do not want to buy, service, and manage their own trucks and warehouses, so they hire Ryder to do that work for them. That gives Ryder a business tied to long-term service contracts and the practical need to keep goods moving.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 23, 2026
AI Summary
Q2 2026

EPS growth: Ryder delivered its seventh straight quarter of comparable EPS growth, with second-quarter comparable EPS up 12% year over year to $3.73.

Guidance raised: Full-year 2026 comparable EPS guidance was raised at the low end to $14.40 from $14.05, while the high end stayed at $14.80.

Used vehicles: Management said used vehicle pricing improved and full-year gains are now expected to be about $40 million, up from the prior forecast of $32 million.

Supply Chain: Supply Chain sales stayed strong, but some new business onboarding slipped into 2027, which held back near-term margin improvement.

Rental and Dedicated: Rental utilization returned to the 75% target, and Dedicated pipelines were described as record levels as tighter truck capacity continues to support demand.

Capital returns: Ryder increased its quarterly dividend by 11% and authorized a new 2 million share repurchase program while keeping leverage in its target range.

Key Financials
Operating revenue
$2.7 billion
Comparable earnings per share
$3.73
Return on equity
17%
Free cash flow
$684 million
Fleet Management EBT
$150 million
Fleet Management EBT margin
11.5%
Rental utilization
75%
Rental pricing
1%
Used tractor pricing
3%
Used truck pricing
6%
Used vehicle sales volume
5,100 vehicles
Used vehicle inventory
8,500 vehicles
Supply Chain revenue
up 7%
Supply Chain EBT margin
8.4%
Dedicated revenue
down 3%
Dedicated EBT margin
7.9%
Lease capital spending
$605 million
Rental capital spending
$94 million
Average rental fleet
down 11%
Capital expenditures
approximately $2.4 billion
Net capital expenditures
approximately $1.9 billion
Used vehicle proceeds
approximately $500 million
Incremental strategic initiative benefits
$70 million
Upturn benefits
approximately $20 million
Share repurchase program
2 million shares
Dividend increase
11%
Leverage
259%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Robert E. Sanchez
Chairman & CEO
No Bio Available
Mr. Robert D. Fatovic
Executive VP, Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Thomas M. Havens
President of Global Fleet Management Solutions
No Bio Available
Ms. Cristina A. Gallo-Aquino
Senior VP, Controller & Principal Accounting Officer
No Bio Available
Mr. Rajeev Ravindran
Executive VP & Chief Information Officer
No Bio Available
Ms. Calene F. Candela
Vice President of Investor Relations
No Bio Available
Ms. Karen M. Jones
Executive VP, Chief Marketing Officer & Head of New Product Development
No Bio Available
Mr. Sanford J. Hodes
Senior VP, Chief Procurement Officer & Corporate Development Officer
No Bio Available
Mr. Francisco Lopez Jr.
Executive VP & Chief Human Resources Officer
No Bio Available
Mr. Todd Skiles
Senior Vice President of Sales & Marketing for Supply Chain Solutions
No Bio Available

Contacts

Address
FLORIDA
Medley
11690 NW 105th St
Contacts
+13055003726.0
ryder.com
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