Ryder System Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,665	12,636	11,783	12,011	9,663
Revenue Growth (YoY)	0.23%	7.24%	-1.90%	24.30%	14.76%
Cost of Revenue	10,109	10,163	9,484	9,621	7,861
Gross Profit	2,556	2,473	2,299	2,390	1,802
Selling, General & Admin	1,506	1,519	1,461	1,426	1,186
Other Operating Expenses	-	-	-	-	22
Operating Expenses	1,506	1,519	1,461	1,426	1,208
Operating Income	1,050	954	838	964	594
Interest Expense	-404	-386	-296	-228	-214
Currency Exchange Gain (Loss)	-	-	-188	-	-
Other Non Operating Income (Expenses)	26	34	47	32	29
EBT Excluding Unusual Items	672	602	401	768	409
Merger & Restructuring Charges	-9	-13	21	47	27
Gain (Loss) on Sale of Assets	69	103	216	410	271
Asset Writedown	-47	-31	-20	-9	-14
Pretax Income	685	661	618	1,216	693
Income Tax Expense	184	172	212	353	171
Earnings From Continuing Operations	501	489	406	863	522
Earnings From Discontinued Operations	-2	-	-	4	-3
Net Income	499	489	406	867	519
Preferred Dividends & Other Adjustments	3	3	2	5	2
Net Income to Common	496	486	404	862	517
Net Income Growth	2.04%	20.44%	-53.17%	67.05%	-
Shares Outstanding (Basic)	41	43	45	50	52
Shares Outstanding (Diluted)	42	44	46	51	54
Shares Change (YoY)	-5.50%	-4.85%	-8.64%	-4.90%	2.19%
EPS (Basic)	12.16	11.28	8.90	17.40	9.88
EPS (Diluted)	11.94	11.05	8.73	17.04	9.64
EPS Growth	7.98%	26.58%	-48.74%	76.67%	-
Free Cash Flow	926	113	-117	861	983
Free Cash Flow Per Share	22.15	2.56	-2.52	16.92	18.37
Dividend Per Share	3.440	3.040	2.660	2.400	2.280
Dividend Growth	13.16%	14.29%	10.83%	5.26%	1.79%
Gross Margin	20.18%	19.57%	19.51%	19.90%	18.65%
Operating Margin	8.29%	7.55%	7.11%	8.03%	6.15%
Profit Margin	3.92%	3.85%	3.43%	7.18%	5.35%
Free Cash Flow Margin	7.31%	0.89%	-0.99%	7.17%	10.17%
EBITDA	2,805	2,701	2,515	2,689	2,388
EBITDA Margin	22.15%	21.38%	21.34%	22.39%	24.71%
D&A For EBITDA	1,755	1,747	1,677	1,725	1,794
EBIT	1,050	954	838	964	594
EBIT Margin	8.29%	7.55%	7.11%	8.03%	6.15%
Effective Tax Rate	26.86%	26.02%	34.30%	29.03%	24.68%
Revenue as Reported	12,665	12,636	11,783	12,011	9,663

Source: S&P Global Market Intelligence. Standard template. Financial Sources.