Filing Flows › Ryder System (R) › Q1 2025
Ryder System (R) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 23, 2025
Ryder System (R) reported revenue of $3.1B for the first quarter 2025 (Q1 2025), +1% from a year earlier and -2% from the quarter before. Operating margin was 4.3%, net earnings $98.0M (3.1% of revenue).
Ryder System, Q1 2025: revenue $3.1B (+1% year over year), operating margin 4.3%, net earnings $98.0M, operating cash flow $651M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | -2% | +1% |
| Operating profit | $134M | -26% | +18% |
| Net earnings | $98.0M | -27% | +15% |
| Operating cash flow | $651M | +17% | +24% |
| Free cash flow | $137M | — | — |
What changed
Revenue was $3.1B in Q1 2025, up 1% year over year and down 2% from the previous quarter.
Operating profit was $0.13B, a 4.3% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 61% reached operating profit, above the 4% margin then. Total costs grew 0% against revenue growth of 1%. Net earnings were $0.10B, up 15% year over year. The effective tax rate was 26.9%.
Operating cash flow was $0.65B (up 24% year over year), 664% of net earnings. Non-cash charges added back $0.56B of depreciation and amortization. Capital expenditures of $0.51B left free cash flow of $0.14B.
Questions
What was Ryder System's revenue in the first quarter 2025?
Ryder System (R) reported revenue of $3.1B for the first quarter 2025 (Q1 2025), +1% from a year earlier and -2% from the quarter before.
Was Ryder System profitable in the first quarter 2025?
Operating profit was $134M (4.3% of revenue) and net earnings $98.0M.
Source: Ryder System 10-Q on SEC EDGAR.