Ryder Reports Q4 Earnings and 2026 Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy R?
Source: seekingalpha
- Earnings Highlights: Ryder reported a Q4 non-GAAP EPS of $3.59, beating estimates by $0.02, indicating stable profitability; however, revenue remained flat at $3.2 billion year-over-year, missing expectations by $10 million, reflecting increased market competition pressures.
- Future Outlook: The company projects a non-GAAP return on equity of 17% to 18% for 2026, with comparable EPS expected between $13.45 and $14.45, demonstrating management's confidence in future profitability despite macroeconomic challenges.
- Operating Cash Flow: Ryder generated $2.7 billion in net cash from continuing operations, with non-GAAP free cash flow projected between $700 million and $800 million, providing strong cash flow support for future investments and shareholder returns, enhancing financial flexibility.
- Business Improvement Challenges: Despite financial performance improvements, analysts note that Ryder's business enhancements are closely tied to liability mismatches and depreciation lags, which may impact its long-term profitability and market competitiveness.
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Analyst Views on R
Wall Street analysts forecast R stock price to rise
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 208.010
Low
197.00
Averages
219.00
High
250.00
Current: 208.010
Low
197.00
Averages
219.00
High
250.00
About R
Ryder System, Inc. is a provider of outsourced logistics and transportation services. The Company provides supply chain, dedicated transportation, and commercial fleet management solutions. It operates through three segments: Fleet Management Solutions (FMS), which provides full service leasing that includes its contractual maintenance offering, commercial rental and maintenance services of trucks, tractors and trailers to customers principally in the United States (U.S.) and Canada; Supply Chain Solutions (SCS), which provides fully integrated port-to-door logistics solutions, including distribution management, dedicated transportation, transportation management, freight brokerage, e-commerce fulfillment, last-mile delivery, contract packaging, and contract manufacturing in North America, and Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ryder System (R.US) Officer Plans to Sell $3.04 Million in Common Stock via Form 144
- Share Sale Announcement: Ryder System Officer Ravindra Rajeev intends to sell 14,367 shares of its common stock.
- Market Value: The total market value of the shares being sold is approximately $3.04 million.
See More
Ryder System (R.US) Director Plans to Sell $6.69 Million in Common Stock via Form 144
- Stock Sale Announcement: Ryder System's Director Smith intends to sell 32,230 shares of its common stock on February 13.
- Market Value: The total market value of the shares being sold is approximately $6.69 million.
See More
Ryder System Reports Q4 Results Exceeding Expectations
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- Revenue Miss: The company’s Q4 revenue was $3.175 billion, falling short of analysts' expectations of $3.209 billion, yet consistent with the previous year, suggesting ongoing weak market demand.
- Segment Performance: The Fleet Management Solutions (FMS) segment saw a 1% year-over-year revenue decline to $1.47 billion due to weaker rental demand, while the Supply Chain Solutions (SCS) segment grew 3% to $1.38 billion, driven by new business opportunities.
- Cautious Outlook: Ryder expects Q1 adjusted EPS in the range of $2.10 to $2.35, below the analyst estimate of $2.69, reflecting management's cautious outlook on freight market improvements.
See More
Ryder System Q4 2025 Earnings Call Insights
- Management Transition: Ryder's Chairman and CEO Robert Sanchez announced his retirement effective March 31, with current President and COO John Diez set to take over, as Diez has been instrumental in executing the company's balanced growth strategy, expected to continue driving value creation.
- Stable Financial Performance: Operating revenue for Q4 2025 was $2.6 billion, consistent with the prior year, while comparable earnings per share from continuing operations reached $3.59, up 4%, demonstrating the company's resilience in maintaining stable revenue streams.
- Significant Cash Flow Growth: Free cash flow surged to $946 million from $133 million year-over-year, primarily due to reduced capital expenditures and lower tax payments, reflecting effective financial management within the company.
- Optimistic Future Outlook: The company projects 2026 comparable EPS to range between $13.45 and $14.45, with a 12% increase expected, and plans to generate $70 million in incremental benefits from strategic initiatives, indicating confidence in future market recovery.
See More
Ryder (R) Q4 2025 Earnings Call Transcript
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Ryder System Reports Strong 2025 Earnings, Optimistic Outlook for 2026
- Earnings Highlights: Ryder System reported a GAAP EPS of $3.25 for Q4 2025, a 5% increase year-over-year, reflecting enhanced profitability in ongoing operations and expected to drive shareholder returns further.
- Stable Revenue: Total revenue for 2025 was $12.7 billion, consistent with the prior year, while operating revenue increased by 1% to $10.4 billion, demonstrating the company's stable performance in supply chain solutions and fleet management, thereby strengthening its market competitiveness.
- Cash Flow Performance: Free cash flow reached $946 million in 2025, significantly up from $133 million in 2024, indicating the company's ability to maintain strong cash generation despite reduced capital expenditures, providing a solid foundation for future investments and shareholder returns.
- Strategic Outlook: Ryder anticipates EPS for 2026 to be between $12.80 and $13.80, with a 3% increase in operating revenue, indicating that the company is poised for continued profitability growth driven by strategic initiatives, further solidifying its market position.
See More
Ryder System (R.US) Officer Plans to Sell $3.04 Million in Common Stock via Form 144
- Share Sale Announcement: Ryder System Officer Ravindra Rajeev intends to sell 14,367 shares of its common stock.
- Market Value: The total market value of the shares being sold is approximately $3.04 million.
See More
Ryder System (R.US) Director Plans to Sell $6.69 Million in Common Stock via Form 144
- Stock Sale Announcement: Ryder System's Director Smith intends to sell 32,230 shares of its common stock on February 13.
- Market Value: The total market value of the shares being sold is approximately $6.69 million.
See More
Ryder System Reports Q4 Results Exceeding Expectations
- Earnings Beat: Ryder System reported an adjusted EPS of $3.59 for Q4, surpassing the consensus estimate of $3.57 and marking a 4% year-over-year increase, indicating stable profitability.
- Revenue Miss: The company’s Q4 revenue was $3.175 billion, falling short of analysts' expectations of $3.209 billion, yet consistent with the previous year, suggesting ongoing weak market demand.
- Segment Performance: The Fleet Management Solutions (FMS) segment saw a 1% year-over-year revenue decline to $1.47 billion due to weaker rental demand, while the Supply Chain Solutions (SCS) segment grew 3% to $1.38 billion, driven by new business opportunities.
- Cautious Outlook: Ryder expects Q1 adjusted EPS in the range of $2.10 to $2.35, below the analyst estimate of $2.69, reflecting management's cautious outlook on freight market improvements.
See More
Ryder System Q4 2025 Earnings Call Insights
- Management Transition: Ryder's Chairman and CEO Robert Sanchez announced his retirement effective March 31, with current President and COO John Diez set to take over, as Diez has been instrumental in executing the company's balanced growth strategy, expected to continue driving value creation.
- Stable Financial Performance: Operating revenue for Q4 2025 was $2.6 billion, consistent with the prior year, while comparable earnings per share from continuing operations reached $3.59, up 4%, demonstrating the company's resilience in maintaining stable revenue streams.
- Significant Cash Flow Growth: Free cash flow surged to $946 million from $133 million year-over-year, primarily due to reduced capital expenditures and lower tax payments, reflecting effective financial management within the company.
- Optimistic Future Outlook: The company projects 2026 comparable EPS to range between $13.45 and $14.45, with a 12% increase expected, and plans to generate $70 million in incremental benefits from strategic initiatives, indicating confidence in future market recovery.
See More
Ryder (R) Q4 2025 Earnings Call Transcript
See More
Ryder System Reports Strong 2025 Earnings, Optimistic Outlook for 2026
- Earnings Highlights: Ryder System reported a GAAP EPS of $3.25 for Q4 2025, a 5% increase year-over-year, reflecting enhanced profitability in ongoing operations and expected to drive shareholder returns further.
- Stable Revenue: Total revenue for 2025 was $12.7 billion, consistent with the prior year, while operating revenue increased by 1% to $10.4 billion, demonstrating the company's stable performance in supply chain solutions and fleet management, thereby strengthening its market competitiveness.
- Cash Flow Performance: Free cash flow reached $946 million in 2025, significantly up from $133 million in 2024, indicating the company's ability to maintain strong cash generation despite reduced capital expenditures, providing a solid foundation for future investments and shareholder returns.
- Strategic Outlook: Ryder anticipates EPS for 2026 to be between $12.80 and $13.80, with a 3% increase in operating revenue, indicating that the company is poised for continued profitability growth driven by strategic initiatives, further solidifying its market position.
See More
