
Ryder second quarter revenue climbs 5% to $3.3 billion
- Ryder reported second-quarter revenue of $3.35 billion, up 5%, while comparable EPS increased 12% to $3.73.
- Fleet Management Solutions earnings rose 20%, supported by contractual operations and improved used-vehicle sales.
- Ryder raised its full-year comparable EPS forecast to $14.40–$14.80 while maintaining its cash-flow outlook.
Ryder System (NYSE:R) reported second-quarter revenue of $3.35 billion, up 5%, while comparable EPS increased 12% to $3.73.
Revenue exceeded the $3.30 billion analyst estimate, while comparable EPS was slightly above the expected $3.71.
Fleet Management Solutions pre-tax earnings rose 20% to $150 million, while Supply Chain Solutions and Dedicated Transportation Solutions earnings declined.
Following the announcement, Ryder's share price had no verified post-release move and was last quoted at $276.37.
Ryder said contractual sales remained strong, used-vehicle conditions improved and rental-fleet utilization increased to 75% from 70%.
Ryder raised its 2026 comparable EPS forecast to $14.40–$14.80 while maintaining free-cash-flow guidance of $700 million–$800 million.