Ryder Q4 operating revenue misses estimates on weak rental sales

Ryder System

11/02/2026 12:02

Overview

Supply chain solutions firm's Q4 total revenue stable, but operating revenue missed estimates

Adjusted EPS for Q4 beat analyst expectations

Company expects 2026 earnings growth driven by strategic initiatives

Outlook

Ryder projects 2026 comparable EPS of $13.45 - $14.45

Company expects 2026 operating revenue to increase by 3%

Ryder anticipates 2026 ROE between 17% and 18%

Result Drivers

FMS STRATEGIC INITIATIVES - Lease pricing and maintenance cost savings initiatives supported earnings despite weaker rental and used vehicle sales conditions

SCS REVENUE GROWTH - New business and omnichannel retail volumes drove revenue growth, offset by automotive sector challenges

DTS ACQUISITION SYNERGIES - Lower bad debt and acquisition synergies supported earnings, despite lower fleet count

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$3.20 bln
Q4 Operating Revenue
Miss
$2.60 bln
$3.21 bln (6 Analysts)
Q4 Adjusted EPS
Beat
$3.59
$3.57 (10 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the ground freight & logistics peer group is "buy"

Wall Street's median 12-month price target for Ryder System Inc is $211.73, about 0.2% below its February 10 closing price of $212.19

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw8ps3X6a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)