Ryder System (NYSE:R) Announces Quarterly Earnings Results

Ryder System (NYSE:R) posted its earnings results on Thursday. The transportation company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.15 by $0.18, FiscalAI reports. The company had revenue of $2.76 billion for the quarter, compared to analyst estimates of $3.38 billion. Ryder System had a net margin of 3.98% and a return on equity of 19.14%. Ryder System’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.57 EPS.

Here are the key takeaways from Ryder System’s conference call:

• Ryder raised its 2026 comparable EPS outlook to $14.85–$15.05 from $14.40–$14.80, citing stronger-than-expected third-quarter results and improving used-vehicle sales and rental conditions.
• Third-quarter comparable EPS rose 21% to $4.33, while return on equity reached 18% and free cash flow increased to $992 million. Management also reported its eighth consecutive quarter of comparable EPS growth.
• Freight-market recovery indicators are strengthening, including higher used-vehicle pricing, commercial rental utilization of 77%, increased lease miles, and improved sales pipelines across leasing and dedicated transportation. Ryder expects contractual fleet growth to become more visible in 2027.
• Ryder plans to increase 2026 rental capital spending to $500 million and grow the rental fleet, positioning it for expected 2027 demand but requiring greater near-term investment. The company retains approximately $4.5 billion of flexible deployment capacity for growth capital expenditures, acquisitions, and share repurchases.
• Supply Chain Solutions faced lost automotive business, while Dedicated Transportation Solutions revenue and earnings declined because of a smaller fleet and the absence of a prior-year workers’ compensation benefit. Management also noted potential regional driver-wage inflation and uncertainty surrounding 2027 emissions-related equipment costs.

Ryder System Price Performance

NYSE R traded down $1.18 during trading hours on Tuesday, reaching $280.94. 84,943 shares of the company’s stock were exchanged, compared to its average volume of 361,448. The firm has a fifty day moving average of $243.11 and a 200-day moving average of $235.39. Ryder System has a one year low of $161.41 and a one year high of $287.00. The stock has a market cap of $10.74 billion, a PE ratio of 21.39 and a beta of 1.05. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.86.

Ryder System Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, November 23rd will be issued a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, November 23rd. Ryder System’s dividend payout ratio (DPR) is currently 30.79%.

Analyst Ratings Changes

R has been the topic of several research analyst reports. Citizens Jmp initiated coverage on shares of Ryder System in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Ryder System from $298.00 to $315.00 and gave the company an “overweight” rating in a report on Friday. Stephens boosted their price target on shares of Ryder System from $280.00 to $305.00 and gave the stock an “overweight” rating in a research note on Friday. Janney Montgomery Scott set a $285.00 price target on shares of Ryder System in a research note on Thursday, October 8th. Finally, Wells Fargo & Company boosted their price target on shares of Ryder System from $300.00 to $305.00 and gave the stock an “overweight” rating in a research note on Friday. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ryder System has an average rating of “Moderate Buy” and a consensus target price of $296.67.

Ryder System Company Profile

Ryder System, Inc is a transportation and logistics company that provides fleet management, supply chain and dedicated transportation services. Founded in 1933 by James Ryder and headquartered in Miami, Florida, the company serves businesses that rely on commercial vehicles, transportation networks and logistics infrastructure.

Through its Fleet Management Solutions business, Ryder offers full-service leasing, commercial vehicle rental, maintenance, fleet support and related services for trucks, tractors, trailers and other vehicles.