---
schema_version: "secwatch.filing_event.v1"
accession: "0000085961-23-000029"
form_type: "8-K"
ticker: "R"
cik: "0000085961"
company_name: "RYDER SYSTEM INC"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T12:37:45.325242+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ryder Q4 GAAP EPS $4.06, up 21% YoY; 2023 comparable EPS guided $11.05-$12.05

## Summary
- Q4 GAAP EPS $4.06 vs $3.36; comparable EPS $3.89 vs $3.52.
- Total revenue $3.1B (+19%); operating revenue $2.4B (+14%).
- FMS EBT flat at $255M; gains on used vehicles down. SCS EBT +67% to $35M; DTS EBT +150% to $30M.
- Full-year 2022 GAAP EPS $16.96; comparable EPS $16.37; free cash flow $921M.
- 2023 comp EPS guide $11.05-$12.05; op rev growth ~4%; FCF ~$200M; new 2M share buyback authorized.

## SEC filing metadata
- accession: 0000085961-23-000029
- form_type: 8-K
- ticker: R
- cik: 0000085961
- company_name: RYDER SYSTEM INC
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85961/000008596123000029/0000085961-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85961/000008596123000029/r-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085961-23-000029
- JSON: https://secwatch.observer/filing/0000085961-23-000029.json
- Plain text: https://secwatch.observer/filing/0000085961-23-000029.txt

## Key facts
- Earnings Releases
  RYDER SYSTEM INC reported the three months ended December 31, 2022 results: revenue $3.1 billion, net income $200 million, EPS $3.89. Guidance initiated.
  - Period: the three months ended December 31, 2022
  - Revenue: $3.1 billion
  - Net income: $200 million
  - EPS: $3.89
  - Guidance: initiated
  - Result: reported results
  source text: Transportation Solutions (DTS) and Supply Chain Solutions (SCS) • Comparable EPS (non-GAAP) from continuing operations of $3.89 up from $3.52 in prior year • Total revenue of $3.1 billion and operating revenue (non-GAAP) of $2.4 billion, up 19% and 14%, respectively, reflecting organic revenue growth in all business segments and SCS acquisitions Full-Year 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/85961/000008596123000029/0000085961-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.