Ryder System Inc income statement
In fiscal 2025, Ryder System Inc reported revenue of $12.66bn, up 0.2% on the year before and net income of $499m, or $11.94 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.9 | 5.1 | 6.1 | 6.3 | 6.4 | 6.6 | 6.6 | 6.8 | 7.3 | 8.4 | 8.9 | 8.4 | 9.7 | 12.0 | 11.8 | 12.6 | 12.7 | 13.1 |
| Cost of revenue | — | — | — | — | — | — | — | 2.6 | 3.0 | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | 4.2 | 4.3 | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 0.6 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 0.9 | 1.0 | 1.2 | 1.4 | 1.4 | 1.5 | 1.5 | 1.5 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.4 | 0.4 |
| Net interest income | — | — | — | — | — | — | — | — | — | −0.2 | −0.2 | −0.3 | −0.2 | −0.2 | −0.3 | −0.4 | — | — |
| Provision for credit losses | — | — | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 0.1 | 0.2 | 0.3 | 0.3 | 0.4 | 0.3 | 0.5 | 0.4 | 0.3 | 0.4 | −0.0 | −0.1 | 0.7 | 1.2 | 0.6 | 0.7 | 0.7 | 0.7 |
| Income tax | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | −0.4 | 0.1 | −0.0 | −0.0 | 0.2 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 |
| Net income | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.7 | 0.3 | −0.0 | −0.1 | 0.5 | 0.9 | 0.4 | 0.5 | 0.5 | 0.5 |
| Diluted EPS | $1.11 | $2.25 | $3.28 | $3.90 | $4.53 | $4.11 | $5.71 | $4.91 | $13.53 | $5.38 | −$0.47 | −$2.34 | $9.66 | $17.04 | $8.73 | $11.06 | $11.94 | $13.15 |
| Diluted shares (average) | 55m | 52m | 51m | 51m | 52m | 53m | 53m | 53m | 53m | 53m | 52m | 52m | 54m | 51m | 46m | 44m | 42m | 40m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,189 | 3,131 | 3,189 | 3,171 | 3,175 | 3,126 | 3,347 | 3,433 |
| Selling, general and administrative | 365 | 368 | 378 | 380 | 347 | 380 | 390 | 375 |
| Interest expense | 100 | 100 | 102 | 102 | 100 | 97 | 97 | 96 |
| Net interest income | — | −100 | — | — | — | — | — | — |
| Income before tax | 181 | 134 | 184 | 190 | 177 | 118 | 185 | 226 |
| Income tax | 46 | 36 | 52 | 51 | 44 | 25 | 52 | 64 |
| Net income | 135 | 98 | 131 | 138 | 132 | 93 | 133 | 162 |
| Diluted EPS | $3.11 | $2.27 | $3.13 | $3.32 | $3.24 | $2.33 | $3.39 | $4.15 |
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