Ryder

Q2 FY2026 EarningsQ2 FY26 total revenue reached $3.3 billion, up 5% YoY, primarily driven by contractual growth in Supply Chain Solutions (SCS) and Fleet Management Solutions (FMS). Comparable EPS (non-GAAP) rose 12% YoY to $3.73, significantly outperforming GAAP EPS growth of 8%, aided by aggressive share repurchases and used vehicle market recovery. FMS EBT increased 20% YoY to $150 million, while SCS earnings were pressured by automotive sector results. Management raised FY26 comparable EPS guidance to a range of $14.40 - $14.80, targeting an 18% ROE.