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Ryder System R SCS — Non-cash impairment charge

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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:ImpairmentOfIntangibleAssetsFinitelived.

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

Intangible amortization expense for the three and six months ended June 30, 2026, includes a $10 million non-cash impairment charge of a finite-lived intangible asset due to the reduction in projected cash flows from an acquired customer relationship.

Item 1. Financial Statements (unaudited)

FAQ

What is Ryder System's SCS — non-cash impairment charge?
Ryder System (R) reported SCS — non-cash impairment charge of $10M in Q2 2026.
What does SCS — non-cash impairment charge mean?
This metric represents the periodic non-cash charges recognized by the Supply Chain Solutions segment to reduce the carrying value of long-lived assets, such as equipment or intangible assets, when their book value exceeds their recoverable amount. It serves as an indicator of asset quality and potential shifts in the long-term economic utility of the segment's operational infrastructure. Monitoring this figure helps investors assess the impact of asset write-downs on segment profitability and management's historical accuracy in capital asset valuation.

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