R financial statements

The full income statement, balance sheet, and cash-flow statement for Ryder System Inc. (R), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 43.3M2024-09 42.3M2024-12 42.1M2025-03 41.3M2025-06 40.8M2025-09 40.4M2025-12 39.4M2026-03 38.7M2026-06 38.3M-11.4% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	12.7B YoY+0.2%	12.6B YoY+7.2%	11.8B YoY-1.9%	12.0B YoY+24.3%	9.66B YoY+14.8%
Lease income	3.88B YoY+1.2%	3.83B YoY-2.6%	3.94B YoY-5.7%	4.17B YoY+4.5%	4.00B YoY+7.9%
Selling, general & administrative	1.47B YoY-0.5%	1.48B YoY+4.0%	1.42B YoY+0.4%	1.42B YoY+19.2%	1.19B YoY+13.7%
Amortization of intangibles	52.0M YoY-1.9%	53.0M YoY+51.4%	35.0M YoY-5.4%	37.0M YoY+362.5%	8.00M YoY+0.0%
Provision for credit losses	27.0M YoY+3.8%	26.0M YoY+18.2%	22.0M YoY-33.3%	33.0M YoY+3400.0%	-1.00M YoY-102.9%
Interest expense	404M YoY+4.7%	386M YoY+30.4%	296M YoY+29.8%	228M YoY+6.5%	214M YoY-18.0%
Net interest income	—	-386M YoY-30.4%	-296M YoY-29.8%	-228M YoY-6.5%	-214M YoY+18.0%
Other non-operating income	26.0M YoY-23.5%	34.0M YoY-27.7%	47.0M YoY+46.9%	32.0M YoY-51.5%	66.0M YoY+200.0%
Pre-tax income	685M YoY+3.6%	661M YoY+7.0%	618M YoY-49.2%	1.22B YoY+75.5%	693M YoY+633.1%
Income tax	184M YoY+7.0%	172M YoY-18.9%	212M YoY-39.9%	353M YoY+106.4%	171M YoY+1050.0%
	499M YoY+2.0%	489M YoY+20.4%	406M YoY-53.2%	867M YoY+67.1%	519M YoY+525.4%
Income from continuing operations	501M YoY+2.5%	489M YoY+20.4%	406M YoY-53.0%	863M YoY+65.3%	522M YoY+566.1%
	$11.94 YoY+8.0%	$11.06 YoY+26.7%	$8.73 YoY-48.8%	$17.04 YoY+76.4%	$9.66 YoY+512.8%
EPS (basic)	$12.15 YoY+7.6%	$11.29 YoY+27.0%	$8.89 YoY-48.9%	$17.41 YoY+76.4%	$9.87 YoY+521.8%
	40.8M YoY-5.3%	43.1M YoY-5.1%	45.4M YoY-8.4%	49.5M YoY-5.3%	52.3M YoY-0.0%
	41.8M YoY-5.5%	44.2M YoY-4.8%	46.5M YoY-8.6%	50.9M YoY-4.9%	53.5M YoY+2.2%
Dividends per share	$3.44 YoY+13.2%	$3.04 YoY+14.3%	$2.66 YoY+10.8%	$2.40 YoY+5.3%	$2.28 YoY+1.8%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.47B YoY+0.4%	2.46B YoY+8.7%	2.27B YoY+3.0%	2.20B YoY-10.6%	2.46B YoY+54.2%
Cash & equivalents	198M YoY+28.6%	154M YoY-24.5%	204M YoY-23.6%	267M YoY+14.1%	234M YoY+54.7%
Accounts receivable	1.90B YoY+1.9%	1.86B YoY+8.6%	1.71B YoY+6.5%	1.61B YoY+9.9%	1.47B YoY+23.9%
Inventory	—	—	—	78.0M YoY+13.0%	69.0M YoY+12.8%
Prepaid expenses	378M YoY-15.6%	448M YoY+29.1%	347M YoY+7.4%	323M YoY-53.4%	693M YoY+245.3%
	16.4B YoY-1.7%	16.7B YoY+5.7%	15.8B YoY+9.6%	14.4B YoY+4.0%	13.8B YoY+7.0%
Property, plant & equipment	—	—	—	1.15B YoY+16.6%	985M YoY+6.2%
Operating lease right-of-use	1.00B YoY-5.2%	1.05B YoY+3.8%	1.02B YoY+42.1%	715M YoY+109.7%	341M YoY+33.2%
Goodwill	1.15B YoY-0.5%	1.16B YoY+23.2%	940M YoY+9.2%	861M YoY+50.8%	571M YoY+20.1%
Intangible assets	412M YoY-9.8%	457M YoY+15.4%	396M YoY+34.2%	295M YoY+72.5%	171M YoY+295.7%
	2.78B YoY-15.1%	3.27B YoY-10.4%	3.65B YoY+10.0%	3.32B YoY+3.6%	3.20B YoY+55.9%
Accounts payable	689M YoY-16.8%	828M YoY-0.6%	833M YoY+8.6%	767M YoY+2.5%	748M YoY+36.6%
Deferred revenue	161M YoY+0.6%	160M YoY-9.6%	177M YoY-0.6%	178M YoY-2.7%	183M YoY-0.3%
Short-term & current debt	819M YoY-26.9%	1.12B YoY-29.2%	1.58B YoY+17.3%	1.35B YoY+1.2%	1.33B YoY+158.0%
Current lease liability	303M YoY+0.3%	302M YoY+29.1%	234M YoY+22.5%	191M YoY+91.0%	100M YoY+26.9%
Finance lease liability (current)	35.0M YoY+59.1%	22.0M YoY+37.5%	16.0M YoY+23.1%	13.0M YoY+0.0%	13.0M YoY-2.1%
	13.3B YoY-1.6%	13.6B YoY+6.7%	12.7B YoY+10.9%	11.5B YoY+3.8%	11.0B YoY+3.4%
Long-term debt	6.83B YoY-12.1%	7.76B YoY+8.9%	7.13B YoY+12.7%	6.33B YoY-3.5%	6.56B YoY-0.5%
Deferred revenue (non-current)	523M YoY+18.9%	440M YoY+19.6%	368M YoY+0.5%	366M YoY-10.9%	411M YoY-7.9%
Non-current lease liability	732M YoY-9.0%	804M YoY+0.5%	800M YoY+47.9%	541M YoY+111.3%	256M YoY+37.3%
Operating lease liability (total)	1.03B YoY-6.4%	1.11B YoY+7.0%	1.03B YoY+41.3%	732M YoY+105.6%	356M YoY+34.2%
Finance lease liability (total)	113M YoY+48.7%	76.0M YoY+55.1%	49.0M YoY+16.7%	42.0M YoY-5.8%	44.6M YoY-7.9%
Finance lease liability	78.0M YoY+44.4%	54.0M YoY+63.6%	33.0M YoY+13.8%	29.0M YoY-6.5%	31.0M YoY-11.8%
Deferred tax liabilities	1.81B YoY+8.2%	1.67B YoY+0.8%	1.66B YoY+5.5%	1.57B YoY+23.2%	1.27B YoY+13.3%
Other non-current liabilities	1.92B YoY-1.6%	1.95B YoY+4.4%	1.87B YoY+19.3%	1.57B YoY+19.3%	1.31B YoY-6.4%
	3.05B YoY-2.1%	3.12B YoY+1.6%	3.07B YoY+4.5%	2.94B YoY+5.0%	2.80B YoY+24.0%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	20.0M YoY-4.8%	21.0M YoY-4.5%	22.0M YoY-4.3%	23.0M YoY-14.8%	27.0M YoY+0.5%
Additional paid-in capital	1.08B YoY-5.3%	1.14B YoY-0.3%	1.15B YoY-3.7%	1.19B YoY-0.2%	1.19B YoY+5.4%
Retained earnings	2.57B YoY-2.8%	2.64B YoY+3.5%	2.55B YoY+1.4%	2.52B YoY+11.1%	2.27B YoY+18.5%
Accumulated other comprehensive income	-620M YoY+10.4%	-692M YoY-5.6%	-655M YoY+17.7%	-796M YoY-15.5%	-689M YoY+15.7%
Total liabilities & equity	16.4B YoY-1.7%	16.7B YoY+5.7%	15.8B YoY+9.6%	14.4B YoY+4.0%	13.8B YoY+7.0%
	39.4M YoY-6.3%	42.1M YoY-4.2%	43.9M YoY-5.2%	46.3M YoY-13.9%	53.8M YoY+0.1%
	39.4M YoY-6.3%	42.1M YoY-4.2%	43.9M YoY-5.1%	46.3M YoY-14.0%	53.8M YoY+0.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.59B YoY+14.5%	2.27B YoY-3.7%	2.35B YoY+1.9%	2.31B YoY+6.2%	2.17B YoY-0.3%
Depreciation & amortization	2.24B YoY+28.2%	1.75B YoY-16.2%	2.08B YoY+19.1%	1.75B YoY-2.5%	1.79B YoY-11.8%
Intangible amortization	52.0M YoY-1.9%	53.0M YoY+51.4%	35.0M YoY-5.4%	37.0M YoY+362.5%	8.00M YoY+0.0%
Deferred income taxes	130M YoY+519.0%	21.0M YoY-81.7%	115M YoY-56.8%	266M YoY+111.1%	126M YoY+481.8%
Change in inventory	—	—	—	9.00M YoY+12.5%	8.00M YoY+140.0%
	-1.65B YoY+32.5%	-2.45B YoY+8.1%	-2.66B YoY-43.9%	-1.85B YoY-27.6%	-1.45B YoY-141.3%
Capital expenditure	2.13B YoY-20.4%	2.68B YoY-17.0%	3.23B YoY+22.9%	2.63B YoY+35.5%	1.94B YoY+69.4%
Free cash flow	459M YoY+209.8%	-418M YoY+52.6%	-881M YoY-174.5%	-321M YoY-237.2%	234M YoY-77.4%
Acquisitions	1.00M YoY-99.7%	314M YoY+25.6%	250M YoY-45.4%	458M YoY+40.9%	325M
Other investing activities	0.00	0.00 YoY-100.0%	6.00M YoY+250.0%	-4.00M YoY-166.7%	6.00M YoY-14.3%
	-912M YoY-696.1%	153M YoY-40.2%	256M YoY+129.7%	-861M YoY-322.1%	-204M YoY+86.5%
Long-term debt issued	892M YoY-50.1%	1.79B YoY-22.5%	2.31B YoY+87.7%	1.23B YoY+310.2%	300M YoY-85.6%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Net short-term debt	—	296M YoY+396.0%	-100M YoY-174.6%	134M YoY-48.5%	260M YoY+169.0%
Common stock issued	-12.0M YoY-220.0%	10.0M YoY+400.0%	2.00M	0.00	0.00
Common stock repurchased	519M YoY+61.7%	321M YoY-4.7%	337M YoY-39.5%	557M YoY+877.2%	57.0M YoY+96.6%
Dividends paid	145M YoY+7.4%	135M YoY+5.5%	128M YoY+4.1%	123M YoY+0.8%	122M YoY+2.5%
Other financing activities	-6.00M YoY+14.3%	-7.00M YoY+0.0%	-7.00M YoY-16.7%	-6.00M YoY+14.3%	-7.00M YoY+63.2%
FX effect on cash	13.0M YoY+161.9%	-21.0M YoY-133.3%	-9.00M YoY-125.0%	-4.00M YoY-300.0%	-1.00M YoY-120.0%
Net change in cash	44.0M YoY+188.0%	-50.0M YoY+20.6%	-63.0M YoY+84.4%	-405M YoY-177.7%	521M YoY+576.6%
Interest paid	399M YoY+7.3%	372M YoY+38.3%	269M YoY+25.7%	214M YoY+2.9%	208M YoY-15.4%
Income taxes paid	52.0M YoY-74.9%	207M YoY+115.6%	96.0M YoY-16.5%	115M YoY+155.6%	45.0M YoY+221.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	7.55B YoY+14.3%	6.60B YoY+29.4%	5.10B YoY+21.4%	4.20B YoY-5.3%	4.43B YoY+33.7%
P/E	15.1× YoY+12.0%	13.5× YoY+29.2%	10.5× YoY+109.5%	5.0× YoY-41.6%	8.5×
P/S	0.6× YoY+14.0%	0.5× YoY+21.4%	0.4× YoY+18.1%	0.4× YoY-20.6%	0.5× YoY+16.5%
P/B	2.5× YoY+16.7%	2.1× YoY+28.6%	1.6× YoY+18.1%	1.4× YoY-12.0%	1.6× YoY+7.8%
P/FCF	16.4×	—	—	—	19.0× YoY+491.5%
	6.6% YoY-10.7%	7.4% YoY-22.6%	9.6% YoY-52.3%	20.1% YoY+71.3%	11.7%
	6.1%	—	—	—	5.3% YoY-83.1%
	1.8% YoY-7.3%	1.9% YoY-16.2%	2.3% YoY-19.5%	2.9% YoY+3.8%	2.8% YoY-23.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: R's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all R filings on SEC EDGAR → Not investment advice.