RYDER SYSTEM INC

For the period ended Dec 31, 2024. Filed Feb 12, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 12, 2025

R$281.72+1.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Earnings

(In millions, except per share amounts)	2024	2023	2022
Services revenue	$8,345	$7,297	$7,118
Lease & related maintenance and rental revenue	3,835	3,937	4,174
Fuel services revenue	456	549	719
Total revenue	12,636	11,783	12,011
Cost of services	7,099	6,266	6,153
Cost of lease & related maintenance and rental	2,623	2,684	2,774
Cost of fuel services	441	534	694
Selling, general and administrative expenses	1,478	1,421	1,415
Non-operating pension costs, net	41	40	11
Used vehicle sales, net	(72)	(196)	(450)
Interest expense	386	296	228
Miscellaneous income, net	(34)	(47)	(32)
Currency translation adjustment loss	—	188	—
Restructuring and other items, net	13	(21)	2
	11,975	11,165	10,795
Earnings from continuing operations before income taxes	661	618	1,216
Provision for income taxes	172	212	353
Earnings from continuing operations	489	406	863
Earnings from discontinued operations, net of taxes	—	—	4
Net earnings	$489	$406	$867
Earnings per common share — Basic
Continuing operations	$11.29	$8.89	$17.32
Discontinued operations	—	(0.01)	0.09
Net earnings	$11.29	$8.89	$17.41
Earnings per common share — Diluted
Continuing operations	$11.06	$8.73	$16.96
Discontinued operations	—	(0.01)	0.08
Net earnings	$11.06	$8.73	$17.04

Note: EPS amounts may not be additive due to rounding.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.