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| Date | Value |
|---|---|
| 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 |