Ryder System (R) Shares Outstanding (2009 - 2026)
Ryder System (R) reported Shares Outstanding of 38.45 million for Q2 2026, down 6.1% from 40.94 million a year earlier and down 1.9% from the prior quarter.
Ryder System (R) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Ryder System posted Shares Outstanding of 40.8 million, down 5.3% from FY2024.
- Shares Outstanding has declined for four consecutive years, with a five-year compound annual growth rate of -4.9% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 43.08 million in FY2024 (-5.1%), 45.38 million in FY2023 (-8.4%), 49.55 million in FY2022 (-5.3%) and 52.34 million in FY2021 (unchanged).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to Q4 2009.
- Year over year, Shares Outstanding has now declined in each of the last 18 quarters, with an average decline of 5.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding ran from 0.0% in Q4 2021 to 9.5% in Q3 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at 39.21 million (Q1 2026), 40.8 million (Q4 2025) and 40.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 593.40 Mn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 1.86 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 851.00 Mn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 886.40 Mn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 224.60 Mn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 237.00 Mn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 655.00 Mn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 207.66 Mn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 324.60 Mn |
| 10 | Ryder System | 9.22 Bn | 8.43 Bn | 660.00 Mn | 38.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.45 Mn |
| Mar 31, 2026 | 39.21 Mn |
| Dec 31, 2025 | 40.80 Mn |
| Sep 30, 2025 | 40.63 Mn |
| Jun 30, 2025 | 40.94 Mn |
| Mar 31, 2025 | 41.84 Mn |
| Dec 31, 2024 | 43.08 Mn |
| Sep 30, 2024 | 42.73 Mn |
| Jun 30, 2024 | 43.61 Mn |
| Mar 31, 2024 | 43.86 Mn |
| Dec 31, 2023 | 45.38 Mn |
| Sep 30, 2023 | 45.09 Mn |
| Jun 30, 2023 | 45.98 Mn |
| Mar 31, 2023 | 46.38 Mn |
| Dec 31, 2022 | 49.55 Mn |
| Sep 30, 2022 | 49.81 Mn |
| Jun 30, 2022 | 49.85 Mn |
| Mar 31, 2022 | 51.10 Mn |
| Dec 31, 2021 | 52.34 Mn |
| Sep 30, 2021 | 52.32 Mn |
Ryder System Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=R&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "R", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=R&period=max&api_key=YOUR_API_KEY");
const data = await res.json();