Growth Metrics

Ryder System (R) Tax Rate (2009 - 2026)

Ryder System's quarterly Tax Rate came in at 21.19% in Q1 2026, down 568.0% year-on-year from 4.53% in Q1 2025, and down 14.77% quarter-over-quarter from 24.86% in Q4 2025.

Ryder System has reported Tax Rate for 18 years, with the latest figure at 21.19% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 568.0% year-over-year to 21.19%; the trailing twelve-month figure through Mar 2026 stood at 25.71% (down 57.0% YoY), and the FY2025 full-year result was 26.86%, up 84.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 21.19%, down from 24.86% in the prior quarter.
  • The five-year high for Tax Rate was 140.91% in Q2 2023, with the low at 21.19% in Q1 2026.
  • Average Tax Rate over 5 years is 33.37%, with a median of 26.84% recorded in 2025.
  • Year-over-year, Tax Rate soared 11192 bps in 2023 and sank 11170 bps in 2024.
  • Tracing R's Tax Rate over 5 years: stood at 31.51% in 2022, then declined by 29 bps to 22.5% in 2023, then rose by 13 bps to 25.41% in 2024, then slipped by 2 bps to 24.86% in 2025, then dropped by 15 bps to 21.19% in 2026.
  • The last three Tax Rate figures came in at 21.19% (Q1 2026), 24.86% (Q4 2025), and 26.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn 18.58
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn 21.19
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 28.33
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn 26.67
5 Avis Budget 5.57 Bn 5.16 Bn - 31.18
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn -
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn -4.35
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 26.68
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn -7.81
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn -3.39

Historic Data

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DateValue
Mar 31, 2026 21.19
Mar 31, 2026 21.19
Dec 31, 2025 24.86
Dec 31, 2025 24.86
Sep 30, 2025 26.84
Sep 30, 2025 26.84
Jun 30, 2025 28.26
Jun 30, 2025 28.26
Mar 31, 2025 26.87
Mar 31, 2025 26.87
Dec 31, 2024 25.41
Dec 31, 2024 25.41
Sep 30, 2024 23.94
Sep 30, 2024 23.94
Jun 30, 2024 29.21
Jun 30, 2024 29.21
Mar 31, 2024 25.44
Mar 31, 2024 25.44
Dec 31, 2023 22.50
Dec 31, 2023 22.50
Sep 30, 2023 24.88
Sep 30, 2023 24.88
Jun 30, 2023 140.91
Jun 30, 2023 140.91
Mar 31, 2023 30.35
Mar 31, 2023 30.35
Dec 31, 2022 31.51
Dec 31, 2022 31.51
Sep 30, 2022 26.05
Sep 30, 2022 26.05
Jun 30, 2022 28.99
Jun 30, 2022 28.99
Mar 31, 2022 30.16
Mar 31, 2022 30.16
Dec 31, 2021 22.79
Dec 31, 2021 22.79
Sep 30, 2021 24.32
Sep 30, 2021 24.32
Jun 30, 2021 26.53
Jun 30, 2021 26.53
Mar 31, 2021 26.59
Mar 31, 2021 26.59
Dec 31, 2020 -8.89
Dec 31, 2020 -8.89
Sep 30, 2020 17.68
Sep 30, 2020 17.68
Jun 30, 2020 22.23
Jun 30, 2020 22.23
Mar 31, 2020 3.96
Mar 31, 2020 3.96
Dec 31, 2019 56.58
Dec 31, 2019 56.58
Sep 30, 2019 -0.30
Sep 30, 2019 -0.30
Jun 30, 2019 26.79
Jun 30, 2019 26.79
Mar 31, 2019 32.66
Mar 31, 2019 32.66
Dec 31, 2018 3.57
Dec 31, 2018 3.57
Sep 30, 2018 22.72
Sep 30, 2018 22.72
Jun 30, 2018 54.66
Jun 30, 2018 54.66
Mar 31, 2018 29.22
Mar 31, 2018 29.22
Dec 31, 2017 -649.89
Dec 31, 2017 -649.89
Sep 30, 2017 37.57
Sep 30, 2017 37.57
Jun 30, 2017 36.43
Jun 30, 2017 36.43
Mar 31, 2017 36.43
Mar 31, 2017 36.43
Dec 31, 2016 29.20
Dec 31, 2016 29.20
Sep 30, 2016 35.35
Sep 30, 2016 35.35
Jun 30, 2016 36.60
Jun 30, 2016 36.60
Mar 31, 2016 36.66
Mar 31, 2016 36.66
Dec 31, 2015 32.01
Dec 31, 2015 32.01
Sep 30, 2015 35.09
Sep 30, 2015 35.09
Jun 30, 2015 35.62
Jun 30, 2015 35.62
Mar 31, 2015 36.65
Mar 31, 2015 36.65
Dec 31, 2014 15.09
Dec 31, 2014 15.09
Sep 30, 2014 35.27
Sep 30, 2014 35.27
Jun 30, 2014 36.95
Jun 30, 2014 36.95
Mar 31, 2014 34.52
Mar 31, 2014 34.52
Dec 31, 2013 32.46
Dec 31, 2013 32.46
Sep 30, 2013 33.68
Sep 30, 2013 33.68
Jun 30, 2013 35.73
Jun 30, 2013 35.73
Mar 31, 2013 34.73
Mar 31, 2013 34.73
Dec 31, 2012 32.86
Dec 31, 2012 32.86
Sep 30, 2012 35.57
Sep 30, 2012 35.57
Jun 30, 2012 36.60
Jun 30, 2012 36.60
Mar 31, 2012 26.88
Mar 31, 2012 26.88
Dec 31, 2011 34.81
Dec 31, 2011 34.81
Sep 30, 2011 35.05
Sep 30, 2011 35.05
Jun 30, 2011 45.46
Jun 30, 2011 45.46
Mar 31, 2011 40.71
Mar 31, 2011 40.71
Dec 31, 2010 22.17
Dec 31, 2010 22.17
Sep 30, 2010 36.01
Sep 30, 2010 36.01
Jun 30, 2010 41.39
Jun 30, 2010 41.39
Mar 31, 2010 42.77
Mar 31, 2010 42.77
Dec 31, 2009 25.56
Dec 31, 2009 25.56
Sep 30, 2009 35.67
Sep 30, 2009 35.67
Jun 30, 2009 40.29
Jun 30, 2009 40.29