Filing Flows › Ryder System (R) › Q3 2025
Ryder System (R) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 23, 2025
Ryder System (R) reported revenue of $3.2B for the third quarter 2025 (Q3 2025), +0.1% from a year earlier and -0.6% from the quarter before. Operating margin was 6.0%, net earnings $138M (4.4% of revenue).
Ryder System, Q3 2025: revenue $3.2B (+0.1% year over year), operating margin 6.0%, net earnings $138M, operating cash flow $442M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | -0.6% | +0.1% |
| Operating profit | $189M | +3% | +1% |
| Net earnings | $138M | +5% | -3% |
| Operating cash flow | $442M | -41% | -30% |
What changed
Revenue was $3.2B in Q3 2025, roughly flat year over year and down 1% from the previous quarter.
Operating profit was $0.19B, a 6.0% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 67% reached operating profit, above the 6% margin then. Total costs grew 0% against flat revenue. Net earnings were $0.14B, down 3% year over year. The effective tax rate was 27.0%.
Operating cash flow was $0.44B (down 30% year over year), 320% of net earnings. Non-cash charges added back $0.56B of depreciation and amortization. Working capital and other items used $0.25B. Capital expenditures of $0.53B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was Ryder System's revenue in the third quarter 2025?
Ryder System (R) reported revenue of $3.2B for the third quarter 2025 (Q3 2025), +0.1% from a year earlier and -0.6% from the quarter before.
Was Ryder System profitable in the third quarter 2025?
Operating profit was $189M (6.0% of revenue) and net earnings $138M.
Source: Ryder System 10-Q on SEC EDGAR.