Ryder System (NYSE:R) Announces Earnings Results

Ryder System (NYSE:R) announced its quarterly earnings results on Wednesday. The transportation company reported $3.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.66 by ($0.07), FiscalAI reports. Ryder System had a return on equity of 17.70% and a net margin of 3.95%.The business had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $3.21 billion. During the same period last year, the firm earned $3.45 earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis. Ryder System updated its FY 2026 guidance to 13.450-14.450 EPS and its Q1 2026 guidance to 2.100-2.350 EPS.

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

• CEO succession: Robert Sanchez will retire March 31 and John Diez, a 20+ year Ryder executive, will become CEO while Sanchez remains Executive Chair, signaling a planned internal transition with continuity.
• Transformed model delivered resilience in 2025 — comparable EPS was $12.92 (up 8% YoY), return on equity was 17%, and operating cash flow increased to roughly $2.6 billion with year-to-date free cash flow of $946 million.
• Multi-year strategic initiatives have generated $100 million of benefits to date and were upsized to an expected $170 million in annual pre-tax benefits (with $70 million incremental in 2026) and a potential ~$250 million benefit by the next cycle peak.
• 2026 outlook: management expects ~3% revenue growth and a comparable EPS range of $13.45–$14.45 (high end ~+12%), with ROE rising to 17–18%, but free cash flow is forecast lower at $700–$800 million due to higher lease replacement capex.
• Transactional headwinds persist — rental demand remains weak, rental utilization and used truck pricing are down, used inventory sits slightly above target, and FMS pre-tax earnings are below long-term targets with only modest used-vehicle recovery expected into H2.

Ryder System Stock Performance

Shares of R stock opened at $208.85 on Friday. The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.02 and a current ratio of 1.26. The firm has a market capitalization of $8.43 billion, a price-to-earnings ratio of 17.45 and a beta of 0.96. Ryder System has a one year low of $125.54 and a one year high of $230.38. The company has a 50 day moving average price of $195.40 and a 200 day moving average price of $184.75.

Ryder System Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, February 17th. Ryder System’s dividend payout ratio is presently 30.74%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Citigroup boosted their price target on Ryder System from $196.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Susquehanna boosted their price target on Ryder System from $235.00 to $250.00 and gave the stock a “positive” rating in a research note on Friday. Morgan Stanley lifted their target price on shares of Ryder System from $190.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Ryder System in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. increased their price objective on Ryder System from $194.00 to $197.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ryder System presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.44.

Institutional Investors Weigh In On Ryder System

Institutional investors have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new position in shares of Ryder System in the 4th quarter valued at about $31,000. Geneos Wealth Management Inc. increased its position in shares of Ryder System by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 287 shares of the transportation company’s stock worth $41,000 after acquiring an additional 109 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Ryder System by 316.1% in the second quarter. EverSource Wealth Advisors LLC now owns 387 shares of the transportation company’s stock worth $62,000 after acquiring an additional 294 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Ryder System in the 4th quarter valued at $65,000. Finally, Advisors Asset Management Inc. boosted its position in Ryder System by 105.1% during the 4th quarter. Advisors Asset Management Inc. now owns 605 shares of the transportation company’s stock worth $116,000 after purchasing an additional 310 shares during the period. Hedge funds and other institutional investors own 87.47% of the company’s stock.

About Ryder System

Ryder System, Inc is a leading provider of transportation and supply chain management solutions, serving commercial customers across a range of industries. The company’s Fleet Management Solutions segment offers full-service leasing and rental of medium- and heavy-duty trucks, tractors and trailers, along with maintenance and repair services at its network of service locations. Its Supply Chain Solutions segment provides integrated, technology-driven offerings that span managed transportation, dedicated contract carriage, warehousing and distribution, and e-commerce fulfillment.

Founded in 1933 and headquartered in Miami, Florida, Ryder has grown from a regional truck leasing operation into a diversified, global logistics provider.