Ryder Earnings Reports

Ryder reported strong fourth-quarter earnings, with GAAP EPS increasing to $3.11 and non-GAAP EPS rising to $3.45. Revenue grew 5% year-over-year to $3.19 billion, driven by acquisitions and segment growth. Operating income improved, particularly in the Supply Chain and Dedicated Transportation segments.

Ryder System reported a solid third quarter, driven by earnings growth in contractual lease, dedicated, and supply chain businesses. The company's ROE of 16% demonstrates the resilience of its transformed business model. While market conditions in used vehicle sales and rental remained weak, Ryder delivered comparable EPS in line with its forecast.

Ryder delivered solid second-quarter results with Comparable EPS above forecast, primarily reflecting better-than-expected ChoiceLease results. The company's contractual lease, dedicated, and supply chain businesses generated higher year-over-year earnings.

Ryder reported solid first-quarter results with a GAAP EPS of $1.89 and a comparable EPS (non-GAAP) of $2.14. Total revenue increased to $3.1 billion. The company raised its full-year 2024 forecast, reflecting the outperformance in the quarter.

Ryder's Q4 2023 results showed a GAAP EPS of $2.74 compared to $4.06 in the prior year, and a comparable EPS (non-GAAP) of $2.95 compared to $3.89 in the prior year. Total revenue was $3.0 billion, slightly down from $3.1 billion in the prior year. The company's performance reflects weaker market conditions in used vehicle sales and rental, offset by improved Supply Chain Solutions results.

Ryder reported a decrease in total revenue to $2.9 billion but an increase in operating revenue to $2.4 billion. GAAP EPS was $3.44, while comparable EPS was $3.58. The company raised its full-year comparable EPS forecast to $12.60 - $12.85 and adjusted ROE forecast to 18% - 19%.

Ryder reported a GAAP EPS from continuing operations of $(0.39) and a comparable EPS (non-GAAP) of $3.61. Total revenue was $2.9 billion. The company increased its full-year comparable EPS (non-GAAP) forecast to $12.20 - $12.70.

Ryder System, Inc. reported a strong first quarter in a challenging freight environment, with total revenue of $3.0 billion, up 3%, and operating revenue of $2.3 billion, up 6%. GAAP EPS was $2.95, while comparable EPS (non-GAAP) was $2.81. The company is raising the low end of its full-year comparable EPS forecast due to modestly higher-than-expected used vehicle sales trends.

Ryder System, Inc. reported strong fourth-quarter results, with GAAP EPS of $4.06, up from $3.36 in the prior year, and comparable EPS (non-GAAP) of $3.89, up from $3.52 in the prior year. Total revenue reached $3.1 billion, a 19% increase, and operating revenue (non-GAAP) was $2.4 billion, a 14% increase. The company's performance reflects organic revenue growth in all business segments and strategic acquisitions.

Ryder reported record third-quarter earnings, with total revenue of $3.0 billion, up 23% year-over-year, and GAAP EPS from continuing operations of $4.82, compared to $2.58 in the prior year. The company's strong performance was driven by growth in all three business segments and benefits from initiatives to increase long-term returns.

Ryder System, Inc. reported record performance in the second quarter of 2022, driven by strong earnings growth in all three business segments. The company's earnings were higher than its most recent forecast due to better-than-expected results in rental and Supply Chain Solutions (SCS). Ryder generated a record ROE of 28%, reflecting ongoing truck capacity constraints in the market and benefits from initiatives to increase returns and drive higher core earnings.

Ryder System, Inc. reported record first-quarter results, driven by improved performance in FMS and DTS, exceeding forecasts due to strong used vehicle sales and rental demand, resulting in a record ROE of 25%.

Ryder System, Inc. reported record fourth-quarter and full-year comparable earnings, driven by strong FMS results. The company generated a record ROE of 20.9% for the full year, reflecting strong demand and pricing in used vehicle sales and rental. Ryder intends to enter into a $300 million accelerated share repurchase program.

Ryder System, Inc. reported a strong third quarter in 2021, with GAAP EPS of $2.58 compared to $0.85 in the prior year and a comparable EPS (non-GAAP) of $2.55 versus $1.21 in the prior year. Total revenue reached $2.5 billion and operating revenue (non-GAAP) was $2.0 billion, representing increases of 14% and 11% respectively, driven by growth across all business segments. The company has increased its full-year EPS forecast and expects to achieve an adjusted ROE of 18% - 19%.

Ryder reported strong second-quarter results, exceeding expectations with significant improvement in FMS results driven by higher gains on used vehicles sold, strong lease and rental performance, and strong sales activity across all segments.

Ryder System, Inc. reported strong first quarter results, with total revenue of $2.2 billion and GAAP EPS of $0.97, compared to a loss of $(2.09) in the prior year. The company's performance was driven by improved results in fleet management solutions and supply chain solutions. Ryder increased its full-year 2021 EPS forecast and expects to achieve an adjusted ROE of 12-13%.

Ryder System, Inc. reported Q4 2020 results with total revenue of $2.2 billion, a decrease of 3%. GAAP EPS from continuing operations was $0.48, compared to a loss of $(1.02) in the prior year. Comparable EPS from continuing operations was $0.83, including a $0.38 one-time expense for frontline employee bonuses.

Ryder reported Q3 total revenue of $2.2 billion, a decrease of 3%. GAAP EPS from continuing operations was $0.85, compared to a loss of $(1.75) in the prior year. Comparable EPS (non-GAAP) from continuing operations was $1.21, versus a loss of $(1.49) in the prior year.

Ryder reported a decrease in revenue and a net loss for Q2 2020, primarily due to the impact of COVID-19 on commercial rental and automotive activity in supply chain. The company took actions to reduce costs and manage its fleet size, and expects to generate significant free cash flow for the year.

Ryder reported a decrease in total revenue by 1% to $2.2 billion, while operating revenue increased by 1% to $1.8 billion. The company experienced a GAAP EPS loss of $(2.09) compared to a profit of $0.87 in the prior year, and a non-GAAP EPS loss of $(1.38) versus a profit of $1.11 in the prior year, reflecting impacts from changes in residual value estimates and COVID-19. Ryder's solid liquidity position was enhanced and free cash flow is expected to increase due to reduced capital expenditures.

Ryder System, Inc. reported record total revenue of $2.3 billion for the fourth quarter of 2019, a 0.7% increase year-over-year. However, the company experienced a GAAP EPS loss of $(1.02), primarily due to the impact of previously announced changes in residual value estimates and a one-time pension settlement charge. Comparable EPS (non-GAAP) from continuing operations was a loss of $(0.01).