Ryder's latest earnings reveal an 8% revenue jump

• Ryder reported third-quarter 2026 revenue of $3.4 billion, up 8% year over year, while GAAP earnings per share increased 25% to $4.16.
• Comparable earnings per share rose 21% to $4.33, supported by higher Fleet Management Solutions earnings and share repurchases.
• Ryder raised its 2026 comparable EPS guidance to $14.85–$15.05 and expects full-year return on equity of 18%–19%.

Ryder System (NYSE:R) reported third-quarter 2026 revenue of $3.4 billion, up 8% year over year, with growth across all business segments.

GAAP earnings per share from continuing operations increased 25% to $4.16, while comparable EPS rose 21% to $4.33, supported by fleet earnings and share repurchases.

Operating revenue, which excludes fuel and subcontracted transportation costs, increased 6% to $2.8 billion, reflecting contractual growth in Supply Chain Solutions and Fleet Management Solutions.

Ryder raised its 2026 comparable EPS forecast to $14.85–$15.05 and expects return on equity of 18%–19%.

The company maintained its full-year operating revenue growth outlook of 3%, with Supply Chain Solutions expected to provide the main contribution.

Ryder also reaffirmed its 2026 operating cash flow forecast of $2.6 billion and free cash flow guidance of $700 million–$800 million.

Ryder previously reported second-quarter revenue of $3.347 billion and comparable EPS of $3.73, reflecting growth in fleet management and supply chain operations.