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Ryder System R FMS — Revenue

Other segment segments

SCS
$1.47B+7.8%
DTS
$600M-1.0%

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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:Revenues.

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
Three months ended June 30, 2026FMSSCSDTSElimination (1)Total
Revenue$1,560$1,472$600$(285)$3,347
Direct operating costs1,2231,316550
Used vehicle sales, net(7)
Other segment items (2)1946414
Segment EBT$150$92$36(34)244
Unallocated Central Support Services(19)
Intangible amortization expense (3)(23)
Non-operating pension costs, net (4)(17)

Item 1. Financial Statements (unaudited)

FAQ

What is Ryder System's FMS — revenue?
Ryder System (R) reported FMS — revenue of $1.56B in Q2 2026.
How has Ryder System's FMS — revenue changed year-over-year?
Ryder System's FMS — revenue increased by 6.3% year-over-year, from $1.47B to $1.56B.
What is the long-term trend for Ryder System's FMS — revenue?
Over 4 years (2021 to 2025), Ryder System's FMS — revenue has grown at a 0.7% compound annual growth rate (CAGR), from $5.68B to $5.85B.
What does FMS — revenue mean?
Total gross income generated from the Fleet Management Solutions segment, primarily through full-service leasing, commercial vehicle rentals, and maintenance services. This metric represents the top-line performance of the company's core asset-heavy transportation business.

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