Ryder System, Inc. (R)
The company now
Ryder reported third-quarter 2026 total revenue of $3.4 billion on 22 October, up 8% from a year earlier, with higher revenue in all business segments 2. Diluted earnings per share from continuing operations were $4.16, up 25% 2.
The company raised its 2026 outlook for comparable earnings per share, a measure that leaves out one-off items, to $14.85 to $15.05 2. It also raised its return on equity forecast to 18% to 19% 2.
Chief Executive John Diez said freight market conditions were strengthening and used vehicle sales beat the company's expectations on stronger pricing and volumes 2. Used truck pricing rose 5% and used tractor pricing 19% from a year earlier 2. Rental use of the power fleet rose to 77% from 70% on a 12% smaller average fleet 2.
Diez became chief executive on 31 March 2026, succeeding Robert Sanchez, who moved to executive chair 11. The open item is a pension clean-up: forecast earnings include about $4.30 a share of non-cash charges from moving U.K. and Canadian pension plans to insurers 2.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.