# Ryder System, Inc. (R)

> Source: Nexqual · https://nexqual.com/R · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Ryder System, Inc. (R), nexqual.com/R" · informational, not investment advice.

**Price:** USD 240.16 (+0.98% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 237.82 · day 236.76–241.05 · 52w 157.67–284.25 · market cap $9.21B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $12.8B, net income $496M (3.9% margin), free cash flow $687M (SEC filings).
- Valuation: P/E 18.6x (avg 14.5x at the last 3 fiscal year-ends), net debt $7.24B.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (11 analysts), mean target USD 288.33 (range 245–320).
- Total return with dividends: 1Y +33.8% vs S&P 500 +18.1%; 5Y +223.3% vs S&P 500 +85.1%.
- Next earnings: 2026-10-22, EPS estimate USD 4.15, revenue estimate $3.38B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.66B | $12.0B | $11.8B | $12.6B | $12.7B | $12.8B |
| Net income | $519M | $867M | $406M | $489M | $499M | $496M |
| EPS (diluted) | $9.66 | $17.04 | $8.73 | $11.06 | $11.94 | — |
| Free cash flow | $234M | -$321M | -$881M | -$418M | $459M | $687M |
| Net margin | 5.4% | 7.2% | 3.4% | 3.9% | 3.9% | 3.9% |
| Revenue growth | +14.8% | +24.3% | -1.9% | +7.2% | +0.2% | — |
| Cash + short-term investments | $234M | $267M | $204M | $154M | $198M | — |
| Total debt | $7.89B | $7.68B | $8.71B | $8.88B | $7.64B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 18.6x · P/S 0.7x · EV/Sales 1.3x · P/FCF 13.4x · P/B 3.2x · FCF yield 7.46% · Earnings yield 5.39% · Dividend yield (paid, TTM) 1.61% · Buyback yield (TTM) 6.41% · Net debt $7.24B · EV $16.4B
P/E at fiscal year-ends: Dec 2025 16.0x, Dec 2024 14.2x, Dec 2023 13.2x.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 11 analysts; mean target USD 288.33 (low 245, high 320).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | Citigroup | Upgrade | Neutral → Buy | $283 → $285 |
| 2026-10-05 | JP Morgan | Upgrade | Neutral → Overweight | $296 → $298 |
| 2026-10-02 | Susquehanna | Target lowered | Positive | $310 → $280 |
| 2026-09-29 | Baird | Downgrade | Outperform → Neutral | $290 → $245 |
| 2026-07-29 | Barclays | Target raised | Overweight | $290 → $300 |
| 2026-07-24 | Citigroup | Target raised | Neutral | $280 → $283 |
| 2026-07-24 | JP Morgan | Target raised | Neutral | $259 → $296 |
| 2026-07-24 | Wells Fargo | Target raised | Overweight | $290 → $300 |
| 2026-07-24 | Susquehanna | Target raised | Positive | $290 → $310 |
| 2026-07-10 | Citigroup | Downgrade | Buy → Neutral | $276 → $280 |
| 2026-07-06 | Morgan Stanley | Target raised | Overweight | $263 → $280 |
| 2026-06-26 | Barclays | Target raised | Overweight | $250 → $290 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +33.8% | +223.3% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +34.0% | +26.4% |
| Volatility (annualized) | 33.2% | 32.5% |
| Max drawdown | -18.4% (Jun 2026→Sep 2026) | -28.0% (Oct 2021→Apr 2022) |

## Peers (Rental & Leasing Services)
UHAL (U-Haul Holding Company) USD 57.45 +3.09% · GATX (GATX Corporation) USD 165.09 -0.98% · HRI (Herc Holdings Inc.) USD 124 -3.65% · CAR (Avis Budget Group, Inc.) USD 109.77 +2.02% · AER (AerCap Holdings N.V.) USD 145.92 +0.16% · EQPT (EquipmentShare.com Inc) USD 14.41 -6.25%

## More
Full page: https://nexqual.com/R · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt