Filing Flows › Ryder System (R) › Q4 2025
Ryder System (R) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 11, 2026
Ryder System (R) reported revenue of $3.2B for the fourth quarter 2025 (Q4 2025), -0.4% from a year earlier and +0.1% from the quarter before. Operating margin was 5.5%, net earnings $132M (4.2% of revenue).
Ryder System, Q4 2025: revenue $3.2B (-0.4% year over year), operating margin 5.5%, net earnings $132M, operating cash flow $749M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +0.1% | -0.4% |
| Operating profit | $176M | -7% | -3% |
| Net earnings | $132M | -4% | -2% |
| Operating cash flow | $749M | +69% | +34% |
| Free cash flow | $344M | — | — |
What changed
Revenue was $3.2B in Q4 2025, roughly flat year over year and roughly flat from the previous quarter.
Operating profit was $0.18B, a 5.5% margin (down 0.1 points year over year). Total costs fell 0% while revenue was flat. Net earnings were $0.13B, down 2% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.75B (up 34% year over year), 567% of net earnings. Non-cash charges added back $0.57B of depreciation and amortization. Working capital and other items added $0.05B. Capital expenditures of $0.41B left free cash flow of $0.34B.
Questions
What was Ryder System's revenue in the fourth quarter 2025?
Ryder System (R) reported revenue of $3.2B for the fourth quarter 2025 (Q4 2025), -0.4% from a year earlier and +0.1% from the quarter before.
Was Ryder System profitable in the fourth quarter 2025?
Operating profit was $176M (5.5% of revenue) and net earnings $132M.
Source: Ryder System 10-K on SEC EDGAR.