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Ryder System R SCS — Direct operating costs

Other segment segments

FMS
$1.22B+8.2%
DTS
$550M-2.1%

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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:DirectOperatingCosts.

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 SCS — direct operating costs?
Ryder System (R) reported SCS — direct operating costs of $1.32B in Q2 2026.
How has Ryder System's SCS — direct operating costs changed year-over-year?
Ryder System's SCS — direct operating costs increased by 9.5% year-over-year, from $1.2B to $1.32B.
What is the long-term trend for Ryder System's SCS — direct operating costs?
Over 3 years (2022 to 2025), Ryder System's SCS — direct operating costs has grown at a 4.5% compound annual growth rate (CAGR), from $4.25B to $4.85B.
What does SCS — direct operating costs mean?
Includes all variable and fixed costs directly attributable to providing logistics and transportation services within the Supply Chain Solutions segment. This encompasses labor, fuel, maintenance, and facility costs required to deliver services to customers.

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