Filing Flows › Ryder System (R) › Q2 2025
Ryder System (R) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Ryder System (R) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), +0.2% from a year earlier and +2% from the quarter before. Operating margin was 5.7%, net earnings $131M (4.1% of revenue).
Ryder System, Q2 2025: revenue $3.2B (+0.2% year over year), operating margin 5.7%, net earnings $131M, operating cash flow $752M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +2% | +0.2% |
| Operating profit | $183M | +37% | +2% |
| Net earnings | $131M | +34% | +3% |
| Operating cash flow | $752M | +16% | +36% |
| Free cash flow | $63.0M | -54% | — |
What changed
Revenue was $3.2B in Q2 2025, roughly flat year over year and up 2% from the previous quarter.
Operating profit was $0.18B, a 5.7% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 57% reached operating profit, above the 6% margin then. Total costs grew 0% against flat revenue. Net earnings were $0.13B, up 3% year over year. The effective tax rate was 28.4%.
Operating cash flow was $0.75B (up 36% year over year), 574% of net earnings. Non-cash charges added back $0.56B of depreciation and amortization. Working capital and other items added $0.07B. Capital expenditures of $0.69B left free cash flow of $0.06B.
Questions
What was Ryder System's revenue in the second quarter 2025?
Ryder System (R) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), +0.2% from a year earlier and +2% from the quarter before.
Was Ryder System profitable in the second quarter 2025?
Operating profit was $183M (5.7% of revenue) and net earnings $131M.
Source: Ryder System 10-Q on SEC EDGAR.