Ryder System (R) Operating Expenses (2009 - 2026)

Ryder System (R) recorded quarterly Operating Expenses of $3.0 billion in Q1 2026, little changed quarter-over-quarter from $3.0 billion in Q4 2025, and little changed on a YoY basis from $3.0 billion in Q1 2025.

Ryder System (R) Operating Expenses (2009 - 2026) Analysis & Trends

Ryder System's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.0 billion for Q1 2026.

  • In Q1 2026, Operating Expenses changed 0.37% year-over-year to $3.0 billion; the TTM figure through Mar 2026 stood at $12.0 billion (changed 0.03% YoY), while the FY2025 annual figure was $12.0 billion, changed 0.04% from the prior year.
  • Operating Expenses was $3.0 billion for Q1 2026 at Ryder System, roughly flat from $3.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.0 billion in Q4 2024 to a low of $2.6 billion in Q1 2022.
  • Historically, Operating Expenses has averaged $2.9 billion across 5 years, with a median of $3.0 billion in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses rose 23.75% in 2022, then declined 0.33% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $2.8 billion in 2022, then rose by 2.4% to $2.9 billion in 2023, then rose by 5.06% to $3.0 billion in 2024, then slipped by 0.33% to $3.0 billion in 2025, then increased by 0.33% to $3.0 billion in 2026.
  • The last three Operating Expenses figures came in at $3.0 billion (Q1 2026), $3.0 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 848.61 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 3.01 Bn
3 Avis Budget 6.65 Bn 6.24 Bn - 1.42 Bn
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 410.40 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 234.02 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn 393.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 76.20 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 71.59 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 632.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.01 Bn
Dec 31, 2025 3.00 Bn
Sep 30, 2025 2.98 Bn
Jun 30, 2025 3.01 Bn
Mar 31, 2025 3.00 Bn
Dec 31, 2024 3.01 Bn
Sep 30, 2024 2.98 Bn
Jun 30, 2024 3.00 Bn
Mar 31, 2024 2.98 Bn
Dec 31, 2023 2.86 Bn
Sep 30, 2023 2.71 Bn
Jun 30, 2023 2.84 Bn
Mar 31, 2023 2.75 Bn
Dec 31, 2022 2.80 Bn
Sep 30, 2022 2.70 Bn
Jun 30, 2022 2.70 Bn
Mar 31, 2022 2.60 Bn
Dec 31, 2021 2.36 Bn
Sep 30, 2021 2.28 Bn
Jun 30, 2021 2.18 Bn