---
schema_version: "secwatch.filing_event.v1"
accession: "0000085961-23-000145"
form_type: "8-K"
ticker: "R"
cik: "0000085961"
company_name: "RYDER SYSTEM INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:35:38.018293+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ryder Q2 GAAP EPS loss $(0.39) on UK charge; comparable EPS $3.61; raises FY23 guidance to $12.20-$12.70

## Summary
- GAAP EPS from continuing ops loss $(0.39) includes $183M non-cash UK exit charge; prior year EPS $4.72.
- Comparable EPS $3.61 (down 19% from record $4.43) on weaker used vehicle sales and rental market.
- Total revenue $2.9B (-5%); operating revenue $2.3B (+1%) driven by SCS (+8%) and DTS (+7%) growth.
- Full-year comparable EPS guidance raised to $12.20-$12.70 (prior $11.30-$12.05); ROE target 17%-19% (prior 16%-18%).
- FMS segment EBT fell 37% as used truck/tractor prices dropped 34%/41% YoY and rental utilization fell to 75%.

## SEC filing metadata
- accession: 0000085961-23-000145
- form_type: 8-K
- ticker: R
- cik: 0000085961
- company_name: RYDER SYSTEM INC
- filed_at: 2023-07-26T23:59:59+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/85961/000008596123000145/0000085961-23-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85961/000008596123000145/r-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085961-23-000145
- JSON: https://secwatch.observer/filing/0000085961-23-000145.json
- Plain text: https://secwatch.observer/filing/0000085961-23-000145.txt

## Key facts
- Earnings Releases
  RYDER SYSTEM INC updated its the three months ended June 30, 2023 guidance (raised).
  - Period: the three months ended June 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On July 26, 2023, we issued a press release reporting our financial results for the three months ended June 30, 2023 (the "Press Release").
  evidence_url: https://www.sec.gov/Archives/edgar/data/85961/000008596123000145/0000085961-23-000145-index.htm

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