Ryder System, Inc. (R) quarterly cash flow statement — complete operating, investing & financing history
Ryder System, Inc. (R) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 725M | 677M | 583M | 749M | 442M | 752M | 651M | 557M | 629M | 552M | 526M | 511M | 621M | 743M | 478M | 523.59M | 683M | 637M | 466M | 490.42M |
| Operating CF Margin % | 21.12% | 20.23% | 18.58% | 23.5% | 13.93% | 23.6% | 20.73% | 17.37% | 19.76% | 17.24% | 16.87% | 16.78% | 20.9% | 25.28% | 15.81% | 16.45% | 21.7% | 20.13% | 15.71% | 18.11% |
| Operating CF Growth % | 64.03% | -9.97% | -10.45% | 34.47% | -29.73% | 36.23% | 23.76% | 9% | 1.29% | -25.71% | 10.04% | -2.4% | -9.08% | 16.64% | 2.58% | 6.76% | 23.36% | -4.29% | 0.06% | 1.18% |
| Net Income | 162M | 133M | 93M | 133M | 138M | 132M | 98M | 135M | 142M | 127M | 85M | 124M | 160M | -18M | 140M | 200.42M | 247M | 240M | 176M | 181.79M |
| Depreciation & Amortization | 422M | 1.12B | 531M | 570M | 555M | 554M | 521M | 469M | 536M | 653M | 463M | 473M | 440M | 428M | 473M | 477.64M | 449M | 443M | 461M | 449.33M |
| Stock-Based Compensation | 0 | 26M | 18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 3M | 9M | 4M | 32M | 140M | -29M | -13M | 50M | -9M | -10M | -10M | -14M | 35M | 52M | 42M | 79.7M | 63M | 65M | 58M | 39.95M |
| Other Non-Cash Items | 184M | -523M | 62M | 50M | 60M | 64M | 85M | 146M | 42M | -52M | 130M | 115M | 69M | 252M | 37M | 12.85M | -14M | -38M | -20M | -29.38M |
| Working Capital Changes | -46M | -85M | -125M | -36M | -451M | 31M | -40M | -242M | -82M | -166M | -142M | -187M | -83M | 29M | -214M | -247.02M | -62M | -73M | -209M | -151.27M |
| Change in Receivables | -80M | -70M | -33M | 201M | -248M | -22M | 36M | 2M | -17M | -54M | 8M | -44M | -74M | 99M | -7M | 8.08M | 45M | -123M | -64M | -79.88M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1M | 0 | 4M | 1.15M | 3M | -7M | -6M | -1.84M |
| Change in Payables | 9M | 8M | 57M | -29M | -47M | 2M | 11M | -5M | 8M | -2M | -33M | -20M | 15M | -47M | 45M | -20.63M | -90M | 69M | 13M | 6.66M |
| Cash from Investing | -417M | -267M | -321M | -300M | -407M | -550M | -393M | -644M | -497M | -495M | -810M | -849M | -607M | -830M | -377M | -498.77M | -369M | -199M | -783M | -588.83M |
| Capital Expenditures | -543M | -405M | -427M | -405M | -527M | -689M | -514M | -761M | -598M | -638M | -686M | -777M | -805M | -1.01B | -641M | -714.3M | -722M | -611M | -584M | -513.73M |
| CapEx % of Revenue | 15.82% | 12.1% | 13.61% | 12.71% | 16.6% | 21.62% | 16.37% | 23.73% | 18.79% | 19.93% | 22% | 25.52% | 27.1% | 34.4% | 21.2% | 22.45% | 22.94% | 19.31% | 19.68% | 18.97% |
| Acquisitions | 0 | -1M | -11M | 0 | 0 | 0 | -1M | -1M | -16M | 0 | -297M | -250M | 0 | 0 | 0 | -9.92M | -18M | -5M | -425M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 126M | 1M | 117M | 105M | 120M | 139M | 122M | 118M | 117M | 143M | 173M | 178M | 198M | 181M | 264M | 225.45M | 371M | 417M | 226M | -75.11M |
| Cash from Financing | -327M | -373M | -277M | -443M | -25M | -183M | -261M | 88M | -129M | -122M | 316M | 382M | -69M | 69M | -126M | -260.61M | -270M | -200M | -130M | 564.35M |
| Debt Issued (Net) | -254M | -244M | 20M | -241M | 103M | -60M | -32M | 159M | 43M | -17M | 421M | 471M | 92M | 186M | -23M | 5.64M | -242M | -172M | 220M | 591.88M |
| Equity Issued (Net) | -36M | -94M | -257M | -164M | -90M | -87M | -190M | -35M | -135M | -73M | -68M | -54M | -130M | -83M | -68M | -236.69M | 3M | 3M | -312M | 6.75M |
| Dividends Paid | -39M | -35M | -39M | -37M | -37M | -33M | -38M | -34M | -35M | -31M | -35M | -32M | -33M | -28M | -35M | -29.12M | -31M | -29M | -34M | -30.52M |
| Share Repurchases | -40M | -75M | -257M | -164M | -73M | -87M | -190M | -39M | -141M | -73M | -68M | -55M | -130M | -83M | -68M | -250.69M | 3M | 3M | -312M | 435K |
| Other Financing | 2M | 0 | -1M | -1M | -1M | -3M | -1M | -2M | -2M | -1M | -2M | -3M | 2M | -6M | 0 | -440K | 0 | -2M | -4M | -3.77M |
| Net Change in Cash | -21M | 37M | -16M | 9M | 9M | 29M | -3M | -8M | -2M | -70M | 30M | 45M | -59M | -35M | -14M | -189.29M | 8M | 226M | -451M | 470.59M |
| Free Cash Flow | 182M | 272M | 156M | 344M | -85M | 63M | 137M | -203M | 31M | -86M | -160M | -266M | -184M | -268M | -163M | -190.71M | -39M | 26M | -118M | -23.31M |
| FCF Margin % | 5.3% | 8.13% | 4.97% | 10.79% | -2.68% | 1.98% | 4.36% | -6.33% | 0.97% | -2.69% | -5.13% | -8.74% | -6.19% | -9.12% | -5.39% | -5.99% | -1.24% | 0.82% | -3.98% | -0.86% |
| FCF Growth % | 314.12% | 331.75% | 13.87% | 269.46% | -374.19% | 173.26% | 185.63% | 23.68% | 116.85% | 67.91% | 1.84% | -39.48% | -371.79% | -1130.77% | -38.14% | -718.18% | -228.4% | -81.71% | -239.38% | -110.71% |
| FCF per Share | 4.69 | 6.99 | 3.94 | 8.43 | -2.04 | 1.49 | 3.19 | -4.68 | 0.71 | -1.93 | -3.56 | -5.86 | -3.98 | -5.83 | -3.43 | -3.87 | -0.76 | 0.51 | -2.25 | -0.43 |
| FCF Conversion (FCF/Net Income) | 4.48x | 5.09x | 6.27x | 5.67x | 3.20x | 5.74x | 6.64x | 4.13x | 4.43x | 4.35x | 6.19x | 4.12x | 3.86x | -41.28x | 3.44x | 2.54x | 2.78x | 2.67x | 2.65x | 2.71x |
| Interest Paid | 0 | 107M | 84M | 109M | 96M | 107M | 87M | 104M | 89M | 101M | 78M | 70M | 76M | 60M | 63M | 56.96M | 57M | 52M | 48M | 0 |
| Taxes Paid | 0 | 43M | 16M | 6M | 9M | 28M | 9M | 4M | 61M | 135M | 7M | 18M | 11M | 50M | 17M | 18.94M | 29M | 58M | 9M | 0 |