Ryder System vs XPO
Ryder System is the larger business, with $12.66bn of revenue in fiscal 2025 against $8.16bn for XPO (1.6 times as much). XPO grew faster (1.1% against 0.2%). Ryder System kept more of each dollar of sales as profit: a net margin of 3.9% against 3.9%.
| Latest fiscal year | Ryder SystemR, 2025 | XPOXPO, 2025 |
|---|---|---|
| Revenue | $12.66bn | $8.16bn |
| Revenue growth | 0.2% | 1.1% |
| Net income | $499m | $316m |
| Operating margin | — | 8.0% |
| Net margin | 3.9% | 3.9% |
| Return on equity | 16.2% | 18.3% |
| Free cash flow | $459m | $329m |
| Cash | $198m | $310m |
| Total debt | $7.69bn | $3.41bn |
| Debt to equity | — | 183.1% |
| Dividend per share | $3.44 | — |
| Dividend yield | 1.4% | — |
| Share buybacks | $519m | $125m |
| Employees | 51,600 | 22,500 |
| Market value | $10.87bn | $22.39bn |
| Price vs our value range | — | — |
| Moat score | 31 (Weak) | 26 (Weak) |
| Insider trades, 12 months | 0 buys, 44 sales | 0 buys, 14 sales |