Ryder System, Inc. (R) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.13B | 3.17B | 3.17B | 3.19B | 3.13B | 3.19B | 3.17B | 3.18B | 3.1B | 3.02B | 2.92B | 2.88B | 2.95B | 3.09B | 3.04B | 3.03B | 2.85B | 2.6B | 2.46B | 2.38B |
| Revenue Growth % | -0.16% | -0.44% | 0.09% | 0.22% | 1.07% | 5.49% | 8.34% | 10.33% | 4.95% | -2.1% | -3.67% | -4.93% | 3.43% | 18.77% | 23.44% | 27.35% | 28.46% | 17.49% | 14.34% | 25.69% |
| Cost of Goods Sold | 1.76B | 2.56B | 2.51B | 2.54B | 2.54B | 2.57B | 2.54B | 2.56B | 2.54B | 2.44B | 2.33B | 2.3B | 2.44B | 2.49B | 2.42B | 2.41B | 2.31B | 2.1B | 2.01B | 1.91B |
| COGS % of Revenue | 56.43% | 80.72% | 79.03% | 79.62% | 81.03% | 80.53% | 80.15% | 80.58% | 82.12% | 80.81% | 79.86% | 79.82% | 82.62% | 80.63% | 79.61% | 79.46% | 81.08% | 80.83% | 81.55% | 80.17% |
| Gross Profit | 1.36B | 612M | 665M | 650M | 594M | 621M | 629M | 618M | 554M | 580M | 589M | 582M | 513M | 598M | 618.95M | 623.12M | 540M | 498.5M | 453.66M | 472.32M |
| Gross Margin % | 43.57% | 19.28% | 20.97% | 20.38% | 18.97% | 19.47% | 19.85% | 19.42% | 17.88% | 19.19% | 20.14% | 20.18% | 17.38% | 19.37% | 20.39% | 20.54% | 18.92% | 19.17% | 18.45% | 19.83% |
| Gross Profit Growth % | 129.29% | -1.45% | 5.72% | 5.18% | 7.22% | 7.07% | 6.79% | 6.19% | 7.99% | -3.01% | -4.84% | -6.6% | -5% | 19.96% | 36.43% | 31.93% | 43.24% | 27.2% | 23.69% | 89.99% |
| Operating Expenses | 380M | 333M | 380M | 366M | 355M | 345M | 357M | 357M | 367M | 358M | 339M | 335M | 354M | 362M | 349.61M | 360.69M | 332M | 320.2M | 287.97M | 302.75M |
| OpEx % of Revenue | 12.16% | 10.49% | 11.98% | 11.48% | 11.34% | 10.82% | 11.27% | 11.22% | 11.85% | 11.84% | 11.59% | 11.62% | 11.99% | 11.72% | 11.52% | 11.89% | 11.63% | 12.32% | 11.71% | 12.71% |
| Selling, General & Admin | 380M | 346M | 380M | 366M | 355M | 345M | 357M | 357M | 367M | 358M | 339M | 335M | 354M | 362M | 349.61M | 360.69M | 332M | 287.9M | 255.59M | 302.75M |
| SG&A % of Revenue | 12.16% | 10.9% | 11.98% | 11.48% | 11.34% | 10.82% | 11.27% | 11.22% | 11.85% | 11.84% | 11.59% | 11.62% | 11.99% | 11.72% | 11.52% | 11.89% | 11.63% | 11.07% | 10.39% | 12.71% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 |
| Operating Income | 93M | 278M | 285M | 284M | 239M | 276M | 272M | 261M | 187M | 222M | 250M | 247M | 159M | 236M | 269.34M | 262.44M | 208M | 178.3M | 165.69M | 169.58M |
| Operating Margin % | 2.97% | 8.76% | 8.99% | 8.91% | 7.63% | 8.65% | 8.59% | 8.2% | 6.04% | 7.34% | 8.55% | 8.56% | 5.39% | 7.64% | 8.87% | 8.65% | 7.29% | 6.86% | 6.74% | 7.12% |
| Operating Income Growth % | -61.09% | 0.72% | 4.78% | 8.81% | 27.81% | 24.32% | 8.8% | 5.67% | 17.61% | -5.93% | -7.18% | -5.88% | -23.56% | 32.36% | 62.56% | 54.76% | 105.25% | 58.91% | 31.93% | 1564.79% |
| EBITDA | 93M | 1.02B | 728M | 808M | 773M | 715M | 706M | 700M | 622M | 941M | 551M | 732M | 672M | 684M | 749.13M | 744.13M | 693M | 618.3M | 635.06M | 638.86M |
| EBITDA Margin % | 2.97% | 32.03% | 22.96% | 25.34% | 24.69% | 22.42% | 22.29% | 22% | 20.08% | 31.13% | 18.84% | 25.38% | 22.76% | 22.15% | 24.68% | 24.53% | 24.28% | 23.78% | 25.83% | 26.82% |
| EBITDA Growth % | -87.97% | 42.24% | 3.12% | 15.43% | 24.28% | -24.02% | 28.13% | -4.37% | -7.44% | 37.57% | -26.45% | -1.63% | -3.03% | 10.63% | 17.96% | 16.48% | 17.95% | 0.79% | -1.49% | 12.93% |
| D&A (Non-Cash Add-back) | 0 | 739M | 443M | 524M | 534M | 439M | 434M | 439M | 435M | 719M | 301M | 485M | 513M | 448M | 479.79M | 481.69M | 485M | 440M | 469.37M | 469.28M |
| EBIT | 0 | 277M | 292M | 286M | 234M | 281M | 286M | 274M | 206M | 244M | 288M | 116M | 266M | 355M | 392.01M | 393.69M | 304M | 286.9M | 236.96M | 257.73M |
| Net Interest Income | 0 | -100M | -102M | -102M | -100M | -100M | -98M | -96M | -92M | -84M | -75M | -72M | -65M | -63M | -57.8M | -55.32M | -52M | -51.3M | -53.75M | -54.16M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 97M | 100M | 102M | 102M | 100M | 100M | 98M | 96M | 92M | 84M | 75M | 72M | 65M | 63M | 57.8M | 55.32M | 52M | 51.3M | 53.75M | 54.16M |
| Other Income/Expense | 25M | -101M | -95M | -100M | -105M | -95M | -84M | -83M | -73M | -62M | -37M | -203M | 42M | 56M | 64.86M | 75.94M | 44M | 57.3M | 17.51M | 34M |
| Pretax Income | 118M | 177M | 190M | 184M | 134M | 181M | 188M | 178M | 114M | 160M | 213M | 44M | 201M | 292M | 334.2M | 338.37M | 252M | 235.6M | 183.21M | 203.57M |
| Pretax Margin % | 3.77% | 5.57% | 5.99% | 5.77% | 4.28% | 5.68% | 5.93% | 5.59% | 3.68% | 5.29% | 7.28% | 1.53% | 6.81% | 9.46% | 11.01% | 11.15% | 8.83% | 9.06% | 7.45% | 8.55% |
| Income Tax | 25M | 44M | 51M | 52M | 36M | 46M | 45M | 52M | 29M | 36M | 53M | 62M | 61M | 92M | 87.78M | 98.03M | 76M | 53.8M | 44.55M | 54.01M |
| Effective Tax Rate % | 21.19% | 24.86% | 26.84% | 28.26% | 26.87% | 25.41% | 23.94% | 29.21% | 25.44% | 22.5% | 24.88% | 140.91% | 30.35% | 31.51% | 26.27% | 28.97% | 30.16% | 22.84% | 24.32% | 26.53% |
| Net Income | 93M | 133M | 138M | 131M | 98M | 135M | 142M | 127M | 85M | 124M | 161M | -18M | 139M | 206.02M | 246M | 239.4M | 175.6M | 180.23M | 138.1M | 149.1M |
| Net Margin % | 2.97% | 4.19% | 4.35% | 4.11% | 3.13% | 4.23% | 4.48% | 3.99% | 2.74% | 4.1% | 5.51% | -0.62% | 4.71% | 6.67% | 8.1% | 7.89% | 6.15% | 6.93% | 5.62% | 6.26% |
| Net Income Growth % | -5.1% | -1.48% | -2.82% | 3.15% | 15.29% | 8.87% | -11.8% | 805.56% | -38.85% | -39.81% | -34.55% | -107.52% | -20.84% | 14.31% | 78.13% | 60.56% | 245.5% | 604.03% | 285.75% | 301.21% |
| Net Income (Continuing) | 93M | 133M | 139M | 132M | 98M | 135M | 143M | 126M | 85M | 124M | 160M | -18M | 140M | 200M | 246.42M | 240.34M | 176M | 181.8M | 138.66M | 149.57M |
| Discontinued Operations | 0 | 0 | -1000K | -1000K | 0 | 0 | -1000K | 1000K | 0 | 0 | 1000K | 0 | -1000K | 1000K | -425K | -942K | 0 | -700K | -605K | -463K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.34 | 3.25 | 3.33 | 3.11 | 2.27 | 3.12 | 3.24 | 2.82 | 1.89 | 2.73 | 3.47 | -0.39 | 2.93 | 4.15 | 4.82 | 4.68 | 3.34 | 3.35 | 2.57 | 2.77 |
| EPS Growth % | 3.08% | 4.17% | 2.78% | 10.28% | 20.11% | 14.29% | -6.63% | 823.08% | -35.49% | -34.22% | -28.01% | -108.33% | -12.28% | 23.88% | 87.55% | 68.95% | 251.58% | 597.92% | 277.94% | 295.07% |
| EPS (Basic) | 2.34 | 3.25 | 3.33 | 3.21 | 2.32 | 3.21 | 3.32 | 2.89 | 1.93 | 2.82 | 3.53 | -0.39 | 2.98 | 4.31 | 4.91 | 4.80 | 3.44 | 3.37 | 2.63 | 2.83 |
| Diluted Shares Outstanding | 39.6M | 40.8M | 41.6M | 42.4M | 42.93M | 43.4M | 43.88M | 44.63M | 45M | 45.4M | 46.27M | 45.98M | 47.47M | 49.3M | 51.07M | 51.19M | 52.5M | 54M | 53.51M | 53.59M |
| Basic Shares Outstanding | 39.6M | 40.8M | 41.6M | 42.4M | 41.84M | 42.08M | 42.73M | 43.61M | 43.86M | 43.9M | 45.09M | 45.98M | 46.38M | 47.41M | 49.81M | 49.85M | 51.1M | 53.79M | 52.32M | 52.38M |
| Dividend Payout Ratio | - | 27.82% | 26.81% | 25.19% | 38.78% | 25.19% | 24.65% | 24.41% | 41.18% | 25.81% | 20.5% | - | 25.18% | 14.13% | 12.6% | 12.11% | 19.36% | 16.93% | 22.06% | 19.83% |