Ryder System R FMS — Direct operating costs

Other segment segments

Similar metrics at other companies

JBHTFMS — Operating Costs And Expenses

$180.8M-7.8%

JBHTFMS — Operating Supplies And Expenses

$9.2M-8.9%

JBHTFMS — Total Costs & Expenses

$199.5M-3.3%

JBHTFMS — Other Cost And Expense Operating

$2M-20.0%

FCNCARail — Maintenance and other operating lease expenses

$65M+12.1%

FCNCASVB Commercial — Maintenance and other operating lease expenses

$0—

Questions, answered.

What is Ryder System's FMS — direct operating costs?

Ryder System (R) reported FMS — direct operating costs of $1.16B in Q1 2026.

How has Ryder System's FMS — direct operating costs changed year-over-year?

Ryder System's FMS — direct operating costs increased by 0.3% year-over-year, from $1.15B to $1.16B.

What is the long-term trend for Ryder System's FMS — direct operating costs?

Over 3 years (2022 to 2025), Ryder System's FMS — direct operating costs has grown at a -2.1% compound annual growth rate (CAGR), from $4.85B to $4.55B.

What does FMS — direct operating costs mean?

The direct costs associated with operating and maintaining the leased vehicle fleet.

How do you interpret FMS — direct operating costs?

An increase relative to revenue suggests margin compression, while a decrease relative to revenue indicates improved operational efficiency.

How does FMS — direct operating costs compare across companies?

Similar to cost of goods sold or direct operating expenses in capital-intensive service industries.