R Stock - Ryder System, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $12.64B | $11.78B | $12.01B | $9.66B | $8.42B |
| Gross Profit | $2.42B | $2.26B | $2.39B | $1.80B | $1.28B |
| Gross Margin | 19.2% | 19.2% | 19.9% | 18.6% | 15.1% |
| Operating Income | $995.00M | $878.00M | $975.00M | $614.95M | $258.50M |
| Net Income | $489.00M | $406.00M | $867.00M | $519.00M | $-122,767,000 |
| Net Margin | 3.9% | 3.4% | 7.2% | 5.4% | -1.5% |
| EPS | $11.29 | $9.20 | $17.40 | $9.94 | $-2.34 |
Ryder System, Inc. operates as a logistics and transportation company worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; and contract or transactional maintenance services of trucks, tractors, and trailers, as well as fleet support services. This segment also provides access to diesel fuel; offers fuel planning and tax reporting, cards, and monitoring services, and centralized billing; and sells used vehicles through its 63 retail sales centers and www.ryder.com/used-trucks website. The DTS segment offers equipment, maintenance, drivers, administrative, and additional services, as well as routing and scheduling, fleet sizing, safety, regulatory compliance, risk management, and technology and communication systems support services. The SCS segment comprises distribution management services, such as designing and managing customer's distribution network and facilities; coordinating warehousing and transportation for inbound and outbound material flows; handling import and export for international shipments; coordinating just-in-time replenishment of component parts to manufacturing and final assembly; and offering shipments to customer distribution centers or end customer delivery points, as well as other value added services, such as light assembly of components. This segment also offers transportation management services, such as shipment optimization, load scheduling, and delivery confirmation services; knowledge-based professional services; and e-commerce and last mile services. Ryder System, Inc. was founded in 1933 and is headquartered in Miami, Florida.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 5th 2025 | Wells Fargo | Initiation | Overweight | $210 |
| September 22nd 2025 | Citigroup | Initiation | Buy | $217 |
| July 15th 2025 | Susquehanna | Initiation | Positive | $215 |
| July 1st 2025 | Robert W. Baird | Resumed | Outperform | $186 |
| July 1st 2025 | Wolfe Research | Upgrade | Outperform | $159 |
| June 9th 2025 | Barclays | Initiation | Overweight | $190 |
| June 24th 2024 | Morgan Stanley | Initiation | Overweight | $165 |
| June 14th 2024 | Vertical Research | Upgrade | Buy | $145← $125 |
| January 10th 2024 | Vertical Research | Downgrade | Hold | - |
| October 4th 2023 | Wolfe Research | Downgrade | Peer Perform | - |
| July 31st 2023 | Robert W. Baird | Upgrade | Outperform | $118 |
| January 10th 2023 | Wolfe Research | Upgrade | Outperform | $100 |
| June 6th 2022 | Wolfe Research | Upgrade | Peer Perform | - |
Earnings History & Surprises
REPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $3.65 | — | — | — |
Q4 2025 | Oct 23, 2025 | $3.56 | $3.57 | +0.3% | ✓ BEAT |
Q3 2025 | Jul 24, 2025 | $3.11 | $3.32 | +6.8% | ✓ BEAT |
Q2 2025 | Apr 23, 2025 | $2.40 | $2.46 | +2.5% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $3.39 | $3.45 | +1.8% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $3.42 | $3.44 | +0.6% | ✓ BEAT |
Q3 2024 | Jul 25, 2024 | $2.87 | $3.00 | +4.5% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $1.71 | $2.14 | +25.1% | ✓ BEAT |
Q1 2024 | Feb 14, 2024 | $2.73 | $2.95 | +8.1% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $3.22 | $3.58 | +11.2% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $2.97 | $3.61 | +21.5% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $2.96 | $2.81 | -5.1% | ✗ MISS |
Q1 2023 | Feb 15, 2023 | $3.50 | $3.89 | +11.1% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $3.65 | $4.45 | +21.9% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $4.01 | $4.43 | +10.5% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $2.36 | $3.59 | +52.1% | ✓ BEAT |
Q1 2022 | Feb 16, 2022 | $2.47 | $3.52 | +42.5% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $2.09 | $2.55 | +22.0% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $1.38 | $2.40 | +73.9% | ✓ BEAT |
Latest News
Citigroup Maintains Buy on Ryder System, Raises Price Target to $218
📈 PositiveRyder Names John J. Diez CEO Effective March 31, 2026 As Robert E.
➖ NeutralMorgan Stanley Maintains Overweight on Ryder System, Raises Price Target to $250
📈 PositiveWells Fargo Initiates Coverage On Ryder System with Overweight Rating, Announces Price Target of $210
📈 PositiveRyder Opens New Truck Rental and Repair Center in Growing South Atlanta Logistics Hub
📈 PositiveSleep Number Appoints Amy O'Keefe CFO, Effective Dec. 8, Succeeding Interim CFO Bob Ryder
➖ NeutralRyder Partners With Truckers Against Trafficking to Raise Awareness of Modern-Day Slavery
➖ NeutralJP Morgan Maintains Neutral on Ryder System, Raises Price Target to $197
📈 PositiveRyder System Affirms FY2025 Sales Guidance of $10.369B vs $12.762B Est
📉 NegativeRyder System Narrows FY2025 Adj EPS Guidance from $12.85-$13.30 to $12.85-$13.05 vs $13.00 Est
📉 NegativeRyder System Lowers FY2025 GAAP EPS Guidance from $12.15-$12.60 to $12.10-$12.30 vs $12.28 Est
📉 NegativeRyder System Sees Q4 Adj EPS $3.50-$3.70 vs $3.69 Est; GAAP EPS $3.30-$3.50 vs $3.52 Est
📉 NegativeRyder System Q3 Adj. EPS $3.57 Beats $3.55 Estimate, Sales $3.171B Miss $3.197B Estimate
➖ NeutralBarclays Maintains Overweight on Ryder System, Raises Price Target to $220
📈 PositiveRyder Expands in Tennessee With New Truck Rental and Maintenance Hub Near Nashville, Opens 7,000-Square-Foot Facility in Lebanon to Serve Growing Southeast Logistics Corridor
📈 PositiveCitigroup Initiates Coverage On Ryder System with Buy Rating, Announces Price Target of $217
📈 PositiveFrequently Asked Questions about R
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