RYDER SYSTEM INC
For the period ended Sep 30, 2024. Filed Oct 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 24, 2024
R$281.72+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Earnings
| Three months ended September 30, | Nine months ended September 30, | |||
|---|---|---|---|---|
| (In millions, except per share amounts) | 2024 | 2023 | 2024 | 2023 |
| Services revenue | $2,097 | $1,799 | $6,248 | $5,399 |
| Lease & related maintenance and rental revenue | 960 | 986 | 2,844 | 2,941 |
| Fuel services revenue | 111 | 139 | 355 | 420 |
| Total revenue | 3,168 | 2,924 | 9,447 | 8,760 |
| Cost of services | 1,774 | 1,524 | 5,311 | 4,638 |
| Cost of lease & related maintenance and rental | 646 | 666 | 1,960 | 2,001 |
| Cost of fuel services | 108 | 137 | 344 | 412 |
| Selling, general and administrative expenses | 368 | 347 | 1,113 | 1,053 |
| Non-operating pension costs, net | 10 | 10 | 31 | 30 |
| Used vehicle sales, net | (15) | (47) | (54) | (174) |
| Interest expense | 98 | 75 | 286 | 212 |
| Miscellaneous income, net | (10) | (5) | (29) | (36) |
| Currency translation adjustment loss | — | — | — | 188 |
| Restructuring and other items, net | 1 | 4 | 5 | (22) |
| 2,980 | 2,711 | 8,967 | 8,302 | |
| Earnings from continuing operations before income taxes | 188 | 213 | 480 | 458 |
| Provision for income taxes | 45 | 53 | 126 | 176 |
| Earnings from continuing operations | 143 | 160 | 354 | 282 |
| (Loss) earnings from discontinued operations, net of taxes | (1) | 1 | — | — |
| Net earnings | $142 | $161 | $354 | $282 |
| Earnings (loss) per common share — Basic | ||||
| Continuing operations | $3.32 | $3.51 | $8.11 | $6.11 |
| Discontinued operations | (0.01) | 0.03 | — | 0.01 |
| Net earnings | $3.30 | $3.55 | $8.11 | $6.12 |
| Earnings (loss) per common share — Diluted | ||||
| Continuing operations | $3.25 | $3.44 | $7.96 | $6.01 |
| Discontinued operations | (0.01) | 0.03 | — | 0.01 |
| Net earnings | $3.24 | $3.47 | $7.95 | $6.02 |
Note: Earnings per common share—basic (EPS) and/or earnings per common share—diluted (Diluted EPS) amounts may not be additive due to rounding.
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