| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 80 | 19.8x | 17.8x | Top tier | |
Growth | 30 | 1.1% | 7.1% | Bottom tier | |
Quality | 60 | 6.6% | 4.5% | Around median | |
Safety | 43 | 3.2x | 2.6x | Around median | |
Capital Return | 74 | 1.50% | 2.12% | Top tier | |
Momentum | 74 | 39.0% | 2.9% | Top tier | |
Sentiment | 62 | 6 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Ryder System, Inc. operates in transportation and logistics solutions in North America through three integrated segments: Fleet Management Solutions for fleet management, leasing, and used vehicle sales; Supply Chain Solutions for warehouse and supply chain operations; and Dedicated Transportation Solutions for dedicated transportation services. More than 90% of its revenue is generated from long-term contracts, and customers representing 60% of revenue use more than one service within its solutions extending from the port to the customer's door. Management expects about 60% of fiscal year 2026 revenue to come from the less capital-intensive Supply Chain and Dedicated businesses, compared with 44% in 2018.
In quarter 2 of fiscal year 2026, Ryder reported EDGAR revenue of $3.3 billion, net income of $133 million, and diluted earnings per share of $3.39, equivalent to a net income margin of approximately 4.0%. The company also reported operating revenue of $2.7 billion, up 3% year over year, and adjusted earnings per share from continuing operations rose 12% to $3.73, marking the seventh consecutive quarter of adjusted earnings growth. Free cash flow increased to $684 million from $461 million as capital expenditures declined.
Performance varied across segments in quarter 2 of fiscal year 2026; Fleet Management Solutions' earnings before taxes rose 20% to $150 million, and its margin reached 11.5% of operating revenue. Supply Chain Solutions' operating revenue grew 7%, but its earnings before taxes declined 7% and its margin reached 8.4%, while Dedicated Transportation Solutions' operating revenue fell 3% and its margin remained at 7.9%. For the annual comparison, Ryder ended fiscal year 2025 with revenue of $12.7 billion, net income of $499 million, and earnings per share of $11.94.
The average analyst price target is $294.17, with a “Buy” consensus and a wide range between $245 and $320; the average is only about 3.5% above the 52-week range high of $284.25, while the range low is $157.67. The wide dispersion in targets reflects differing assessments of the speed of the rental and used vehicle recovery and the ability of new Supply Chain business to reach its targeted productivity, and the data does not include a valid earnings multiple that could be used as an additional valuation anchor.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Ryder is targeting adjusted earnings per share of between $14.40 and $14.80 in fiscal year 2026, after raising the lower end from $14.05. The most important structural driver is $70 million in incremental benefits from pricing, cost reduction, and operating network optimization initiatives. The company also expects approximately $40 million in gains from used vehicle sales and approximately $20 million in cyclical recovery benefits during fiscal year 2026.
More than 90% of Ryder's revenue comes from long-term contracts, reducing business model volatility compared with full reliance on rental and used vehicle sales. Management expects the less capital-intensive Supply Chain and Dedicated businesses to generate approximately 60% of fiscal year 2026 revenue, compared with 44% in 2018. In addition, 60% of revenue comes from customers that use more than one service within Ryder's solutions extending from the port to the customer's door.
Initial indicators appeared in quarter 2 of fiscal year 2026, including rental fleet utilization returning to 75% and sequential retail price improvements of 7% for trucks and 3% for tractors. Fleet Management Solutions also recorded two consecutive quarters of positive net sales, and the Dedicated opportunity pipeline reached record levels. However, rental demand remained below prior-year levels and historical seasonal trends, so the company did not assume a significant acceleration in rental in its fiscal year 2026 outlook.
Automated analysis for informational purposes only — not investment advice.
The segment's operating revenue grew 7% in quarter 2 of fiscal year 2026 due to new business, but its earnings before taxes declined 7%. The pressure came from lost automotive business, plant retooling for EV and ICE vehicles, and lower productivity in some new projects during the startup phase. The earnings before taxes margin was 8.4%, compared with 9.7% in quarter 2 of fiscal year 2025, which management described as a record level for that quarter.
Ryder expects free cash flow of between $700 million and $800 million in fiscal year 2026, despite expected net capital expenditures of $1.9 billion. Over three years, the company expects $10.5 billion in operating cash flow and vehicle sales proceeds, with approximately $4.5 billion flexibly available after fleet replacement and dividends. Through the end of quarter 2 of fiscal year 2026, it returned $406 million to shareholders and approved the repurchase of two million shares and an 11% increase in the quarterly dividend.
The data indicates net insider sales of $1.4 million over three months, through two sales and no recorded purchases, with the latest transaction dated May 29, 2026. This signal is a secondary factor compared with quarter 2 fiscal year 2026 results and the adjusted earnings per share outlook of between $14.40 and $14.80. Insider sales may be prearranged, and the data does not include evidence that these transactions reflect a change in management's business outlook.
