Ryder Reports Third Quarter 2026 Results
Ryder delivered Q3 2026 revenue of $3.43 billion, up 8% year-over-year, with GAAP EPS of $4.16 (up 25%) and comparable EPS of $4.33 (up 21%), marking its eighth consecutive quarter of EPS growth. All three segments grew, led by Fleet Management Solutions (EBT +21% to $177M), helped by a freight-market recovery, used vehicle pricing gains, and rental utilization improving to 77% from 70%. Management raised full-year comparable EPS guidance to $14.85-$15.05 and ROE to 18%-19%, and increased the rental fleet investment by $300 million to $500 million to capture expected 2027 rental demand.
Key figures
- Eps
- 4.16
- Revenue
- 3433000000
- Guidance
- FY26 comparable EPS raised to $14.85-$15.05; ROE raised to 18%-19%; operating revenue growth 3%; operating cash flow $2.6B; FCF $700M-$800M; capex $2.4B; 4Q26 comparable EPS $4.25-$4.45
- Revenue Yoy
- 8%
- Dts ebt
- 34000000
- Fms ebt
- 177000000
- Scs ebt
- 91000000
- Gaap eps yoy
- 25%
- Comparable eps
- 4.33
- Debt to equity
- 242%
- Fcf nine months
- 992000000
- Operating revenue
- 2759000000
- Comparable eps yoy
- 21%
- Rental utilization
- 77%
- Pension settlement charge
- $4.30 per share (non-cash)
- Operating cash flow nine months
- 1985000000
AI analysis
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