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Ryder System R FMS — Purchases of property and revenue earning equipment

Other segment segments

SCS
$20M-33.3%
DTS
$0

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Other financials

Income statement

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Revenue$3.3B+5.0%
Net income$133.0M+1.5%
EPS (diluted)$3.39+8.3%

Balance sheet

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Cash & equivalents$219.0M+21.7%
Total debt$10.4B+10.2%
Total equity$2.9B-6.3%
Total assets$16.1B-2.3%

Cash flow

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Operating cash flow$677.0M-10.0%
CapEx$405.0M-41.2%
Free cash flow$272.0M+332%

Valuation

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Market cap$10.18B+39.8%
Enterprise value$20.38B+23.1%
P/E20.5×+6.1×
P/S0.8×+0.2×

Profitability

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Gross margin59.1%
Net margin3.9%-0.1pp
FCF margin-0%0.0pp

Returns & leverage

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Return on equity16.7%+0.2pp
Debt / equity3.6×+0.5×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Ryder System in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Ryder System’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:48 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049417
(In millions) / Three months ended June 30,Depreciation expense and other non-cash charges, net (1) / 2026Depreciation expense and other non-cash charges, net (1) / 2025Interest expense / 2026Interest expense / 2025Purchases of property and revenue earning equipment / 2026Purchases of property and revenue earning equipment / 2025
FMS$419$439$91$95$379$655
SCS10997552030
DTS3512
CSS251464
Total$556$555$97$102$405$689

Item 1. Financial Statements (unaudited)

FAQ

What is Ryder System's FMS — purchases of property and revenue earning equipment?
Ryder System (R) reported FMS — purchases of property and revenue earning equipment of $379M in Q2 2026.
What does FMS — purchases of property and revenue earning equipment mean?
This metric represents the total cash outflows dedicated to acquiring new revenue-generating assets, such as trucks, tractors, and trailers, within the Fleet Management Solutions segment. It serves as a primary indicator of the company's investment in fleet renewal, expansion, and modernization to support leasing and maintenance operations. Monitoring this figure helps investors assess the capital intensity of the business and the company's commitment to maintaining a competitive, efficient fleet.

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