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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: 234 EUR -1.68%
Market Cap: €10.1B

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
Q1 2026
Call Date
Apr 23, 2026
AI Summary
Q1 2026

Beat and raise: Ryder said first-quarter results came in ahead of its expectations, helped by better-than-expected used vehicle sales in Fleet Management, and it raised full-year 2026 EPS guidance to $14.05 to $14.80.

Contractual strength: Supply Chain posted record sales again, while Fleet Management and Dedicated also saw stronger sales activity and more customer commitment to longer-term contracts.

Cycle still soft: Management said freight conditions remain below normal, but there were early signs of improvement in rental, used vehicle pricing, and customer demand for dedicated capacity.

Initiatives driving growth: Ryder said its multiyear strategic initiatives are on track to deliver $70 million of incremental benefits in 2026, part of a $170 million program launched in 2024.

Capital and cash: The company kept its free cash flow outlook unchanged at $700 million to $800 million, with leverage at 269% and capital returns continuing through buybacks and dividends.

Key Financials
Operating revenue
$2.6 billion
Comparable EPS
$2.54
Return on equity
17%
Free cash flow
$273 million
Fleet Management earnings before taxes
$99 million
Fleet Management EBT margin
7.9%
Rental power fleet utilization
68%
Used tractor pricing
up 6%
Used truck pricing
down 5%
Used tractors sequential pricing
down 3%
Used trucks sequential pricing
down 4%
Used vehicles sold
4,600
Used vehicle inventory
9,500 vehicles
Supply Chain operating revenue growth
3%
Supply Chain earnings before taxes
down 17%
Supply Chain EBT margin
7%
Dedicated operating revenue
down 5%
Lease capital spending
$314 million
Rental capital spending
$37 million
Total capital expenditures
approximately $2.4 billion
Net capital expenditures
approximately $1.9 billion
Used vehicle sale proceeds
approximately $500 million
Strategic initiative benefits
$70 million
Prior benefits realized
$100 million
Leverage
269%
Q2 EPS guidance
$3.50 to $3.75
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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