OakChart

Ryder System Inc

RIndustrials·Rental & Leasing Services·USA·Large·NYSE·Nov 12 • 3:59 PM ET

279.04-3.23 (-1.14%)
2026-11-13 13:42 CET
Market cap
$10.66B
Revenue, TTM
13,081.00 USD m
Net income, TTM
514.00 USD m
Free cash flow, TTM
954.00 USD m
EPS diluted, TTM
13.03
Price / earnings
21.42
Compare

Price

R against its 20, 50 and 200-day averages
Terms2050200BeatMiss
Patternshover a marker to name it
RS 93Sales 3,477Price3,3453,369200.00225.00250.00275.00454K907KVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26Rclose 279.0420-day 269.9050-day 250.90200-day 241.56279.0452w high 291.0352-week range, not 6 months

4.1% under the 52-week high of 291.03 on 2 Nov 2026. 52-week low 161.41 on 20 Nov 2025. Last 15 sessions, 12.8% high to low

Volume 0.00× normal · the session has not printed · the line is the 50-bar volume average

Setup. RS line 93
CANSLIM 5 of 6 — fails: EPS Growth This Year: High (>25%)
VCP 4 of 6 — fails: Average True Range: Under 2; RSI (14): Not Overbought (<60)
Minervini 4 of 4
Zanger 3 of 5 — fails: Performance: Week +10%; Relative Volume: Over 1.5
Leaders 4 of 5 — fails: Average Volume: Over 500K
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 2 of 4 — fails: EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 2 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1); Current Ratio: Over 1
Value 1 of 4 — fails: P/E: Under 15; P/B: Under 2; Debt/Equity: Low (<0.1)
Income 2 of 4 — fails: Dividend Yield: Over 2%; Payout Ratio: Low (<20%)
Small Cap 3 of 4 — fails: Average Volume: Over 500K
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 1 of 3 — fails: Performance: Year +100%; Average Volume: Over 500K

Profile

R
52-week range, 91% of the way up
161.41291.03

Ryder System, Inc. is a logistics and transportation company, which engages in providing supply chain, dedicated transportation, and fleet management solutions. It operates through the following business segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors, and trailers. The SCS segment provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, e-commerce and last mile, and professional services. The DTS segment provides turnkey transportation solutions, including dedicated vehicles, drivers, management, and administrative support. The company was founded by James A. Ryder in 1933 and is headquartered in Coral Gables, FL.

IndexRUI
Employees51600
IPOSep 19, 1960
Beta1.04
ATR, 14d8.44
Rel volume0.00
Short float2.18%
Insider own3.65%
Inst own91.65%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap$10.66B
Enterprise Value18.65B
Income514.00M
Sales13.08B
Book / share77.89
Cash / share5.18
Dividend Est.3.66 (1.31%)
Dividend TTM3.74 (1.34%)
Dividend Ex-DateNov 23, 2026
Dividend Gr. 3/5Y12.75% 8.96%
Payout28.99%
Employees51600
IPOSep 19, 1960

Ratios

Price / earnings21.42
Forward price / earnings15.32
Price / earnings / growth0.85
Price / sales0.82
Price / book3.58
Price / cash53.86
Price / free cash flow11.18
Value / cash profit5.77
Value / sales1.43
Quick Ratio0.67
Current Ratio0.67
Debt / equity2.75
Long-term debt / equity2.09
Options and shortYes / Yes

Earnings

Earnings / share13.03
Earnings next year18.21
Earnings next quarter4.42
Earnings this year16.26%
Earnings next year21.24%
Earnings growth, 5 years18.09%
Past earnings growth-11.19% -
Past sales growth1.78% 8.51%
Earnings vs last year10.17%
Sales vs last year3.16%
Earnings vs last quarter26.13%
Sales vs last quarter8.26%
EarningsOct 22 BMO
Surprise4.26% 1.55%

Ownership

Insiders own3.65%
Insider trades-3.46%
Institutions own91.65%
Institution trades-1.80%
Return on assets3.16%
Return on equity17.03%
Return on capital5.59%
Gross Margin19.11%
Operating margin8.20%
Profit Margin3.93%
20-day average3.39%
50-day average11.22%
200-day average15.51%

Technical

Shares out38.22M
Shares floating36.82M
Short / float2.18%
Short ratio2.70
Short interest0.80M
52-week high291.03 -4.1%
52-week low161.41 +72.9%
Volatility2.65% 3.21%
Average range8.44
Strength index61.03
Market sensitivity1.04
Relative volume0.00
Avg Volume297.30K
Volume0

Performance

Perf Week3.29%
Perf Month17.33%
Perf Quarter5.71%
Perf Half Y20.77%
Perf YTD45.80%
Perf Year61.43%
Perf 3Y169.63%
Perf 5Y217.09%
Perf 10Y258.80%
Recommendation1.64
Target Price303.67
Prev Close279.04
Price279.04
Change %0.00%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 08, 2026UpgradeCitigroupNeutral → Buy$285+2.1%
Oct 05, 2026UpgradeJP MorganNeutral → Overweight$298+6.8%
Sep 29, 2026DowngradeRobert W. BairdOutperform → Neutral$245-12.2%
Jul 15, 2026InitiatedCitizensMkt Perform
Jul 10, 2026DowngradeCitigroupBuy → Neutral$280+0.3%
Jan 08, 2026DowngradeWolfe ResearchOutperform → Peer Perform
Dec 05, 2025InitiatedWells FargoOverweight$210-24.7%
Sep 22, 2025InitiatedCitigroupBuy$217-22.2%
Jul 15, 2025InitiatedSusquehannaPositive$215-23.0%
Jul 01, 2025UpgradeWolfe ResearchPeer Perform → Outperform$159-43.0%

Peers

Mkt cap
TickerCompanyMkt cap
UHALU-Haul Holding Company9.68B
GXOGXO Logistics Inc6.14B
JBHTJ.B. Hunt Transport Services Inc21.21B
SNDRSchneider National Inc5.08B
GATXGATX Corp6.61B
KNXKnight-Swift Transportation Holdings Inc10.03B
CARAvis Budget Group Inc4.44B
WERNWerner Enterprises Inc1.66B
ULHUniversal Logistics Holdings Inc783.39M
PAGPenske Automotive Group Inc13.92B

Insider trading

latest 14 of 52
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Regan Thomas MichaelEVP of DTSNov 02 '26Sale288.053,032873,3682,751Nov 03 06:31 PM
HAVENS THOMAS M.President, FMSOct 30 '26Sale283.135,5001,557,21527,574Nov 03 04:16 PM
GALLO-AQUINO CRISTINAEVP and CFOOct 29 '26Option Exercise74.721,23892,50330,264Nov 02 05:51 PM
GALLO-AQUINO CRISTINAEVP and CFOOct 29 '26Sale276.851,238342,74029,026Nov 02 05:51 PM
Regan Thomas MichaelOfficerNov 02 '26Proposed Sale288.053,032873,368Nov 02 04:51 PM
HAVENS THOMAS M.OfficerOct 30 '26Proposed Sale283.135,5001,557,216Oct 30 03:15 PM
GALLO-AQUINO CRISTINAOfficerOct 29 '26Proposed Sale276.851,238342,740Oct 29 09:45 AM
SANCHEZ ROBERT EExecutive ChairOct 26 '26Option Exercise74.7277,4075,783,851118,235Oct 28 05:22 PM
SANCHEZ ROBERT EExecutive ChairOct 27 '26Sale281.2926,3507,411,93342,481Oct 28 05:22 PM
SANCHEZ ROBERT EExecutive ChairOct 26 '26Sale283.576,6111,874,68168,831Oct 28 05:22 PM
SANCHEZ ROBERT EExecutive ChairOct 28 '26Sale280.011,653462,85740,828Oct 28 05:22 PM
SANCHEZ ROBERT EDirectorOct 28 '26Proposed Sale280.011,653462,861Oct 28 03:04 PM
SANCHEZ ROBERT EDirectorOct 27 '26Proposed Sale281.2926,3507,412,082Oct 27 04:18 PM
SANCHEZ ROBERT EDirectorOct 26 '26Proposed Sale283.576,6111,874,691Oct 26 04:42 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 125.56B
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
AVUVAvantis U.S. Small Cap Value ETFAUM: 33.08B
AIRRFirst Trust RBA American Industrial Renaissance ETFAUM: 8.28B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.88B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.54B
VXFVanguard Extended Market Index ETFAUM: 30.79B
SDYState Street SPDR S&P Dividend ETFAUM: 22.74B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.08B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 4.330 beat 4.153, from 3.570 a year earlier. Sales 3,433 beat 3,381, from 3,171 a year earlier
EPS
4.33002024Q4 EPS 3.450 against 3.37624Q42025Q1 EPS 2.460 against 2.40725Q12025Q2 EPS 3.320 against 3.13025Q22025Q3 EPS 3.570 against 3.54425Q32025Q4 EPS 3.590 against 3.57425Q42026Q1 EPS 2.540 against 2.27426Q12026Q2 EPS 3.730 against 3.69226Q22026Q3 EPS 4.330 against 4.15326Q3
Sales, USD millions
3,43302024Q4 sales 3,189 against 3,31124Q42025Q1 sales 3,131 against 3,14825Q12025Q2 sales 3,189 against 3,17525Q22025Q3 sales 3,171 against 3,18325Q32025Q4 sales 3,175 against 3,19925Q42026Q1 sales 3,126 against 3,14126Q12026Q2 sales 3,347 against 3,29126Q22026Q3 sales 3,433 against 3,38126Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-22 08:304.3304.1534.1503,4333,381EPS +4.3% · sales +1.6%vs 2025Q3, year-ago quarter · EPS +21.3% · sales +8.3%11 EPS · 7 salesOpen +4.37% vs SPY -0.87%. Close +10.49% vs SPY -1.18%
2026Q2ended 2026-06-302026-07-23 08:303.7303.6923.3933,3473,291EPS +1.0% · sales +1.7%vs 2025Q2, year-ago quarter · EPS +12.3% · sales +5.0%11 EPS · 7 salesOpen -1.50% vs SPY -1.08%. Close -3.06% vs SPY -1.23%
2026Q1ended 2026-03-312026-04-23 08:302.5402.2742.3233,1263,141EPS +11.7% · sales -0.5%vs 2025Q1, year-ago quarter · EPS +3.3% · sales -0.2%10 EPS · 6 salesOpen +2.92% vs SPY -0.24%. Close +6.60% vs SPY -0.39%
2025Q4ended 2025-12-312026-02-11 08:303.5903.5743.1623,1753,199EPS +0.4% · sales -0.8%vs 2024Q4, year-ago quarter · EPS +4.1% · sales -0.4%10 EPS · 7 salesOpen -3.62% vs SPY +0.62%. Close +2.41% vs SPY -0.02%
2025Q3ended 2025-09-302025-10-23 08:303.5703.5443.2913,1713,183EPS +0.7% · sales -0.4%vs 2024Q3, year-ago quarter · EPS +3.8% · sales +0.1%9 EPS · 6 salesOpen -3.69% vs SPY +0.05%. Close -12.37% vs SPY +0.59%
2025Q2ended 2025-06-302025-07-24 08:303.3203.1303.1073,1893,175EPS +6.1% · sales +0.4%vs 2024Q2, year-ago quarter · EPS +10.7% · sales +0.2%9 EPS · 6 salesOpen +2.05% vs SPY +0.06%. Close +2.49% vs SPY +0.03%
2025Q1ended 2025-03-312025-04-23 08:302.4602.4072.2833,1313,148EPS +2.2% · sales -0.5%vs 2024Q1, year-ago quarter · EPS +15.0% · sales +1.1%5 EPS · 4 salesOpen +3.62% vs SPY +2.50%. Close -1.94% vs SPY +1.55%
2024Q4ended 2024-12-312025-02-12 08:303.4503.3763.1113,1893,311EPS +2.2% · sales -3.7%vs 2023Q4, year-ago quarter · EPS +16.9% · sales +5.5%7 EPS · 4 salesOpen -1.95% vs SPY -1.01%. Close +3.02% vs SPY -0.32%
2024Q3ended 2024-09-302024-10-24 08:303.4403.4153.2133,1683,295EPS +0.7% · sales -3.8%vs 2023Q3, year-ago quarter · EPS -3.9% · sales +8.3%7 EPS · 4 salesOpen -3.30% vs SPY +0.34%. Close -4.25% vs SPY +0.22%
2024Q2ended 2024-06-302024-07-25 08:303.0002.8712.8233,1823,242EPS +4.5% · sales -1.8%vs 2023Q2, year-ago quarter · EPS -16.9% · sales +10.3%6 EPS · 4 salesOpen -1.60% vs SPY +0.02%. Close +1.63% vs SPY -0.52%
2024Q1ended 2024-03-312024-04-23 08:302.1401.7851.8893,0983,098EPS +19.9% · sales 0.0%vs 2023Q1, year-ago quarter · EPS -23.8% · sales +4.9%6 EPS · 4 salesOpen +2.06% vs SPY +0.41%. Close +11.94% vs SPY +1.19%
2023Q4ended 2023-12-312024-02-14 08:302.9502.7432.7313,0232,977EPS +7.6% · sales +1.6%vs 2022Q4, year-ago quarter · EPS -24.2% · sales -2.1%7 EPS · 5 salesOpen +0.23% vs SPY +0.55%. Close -6.54% vs SPY +0.91%
2023Q3ended 2023-09-302023-10-25 08:303.5803.2203.5012,9243,008EPS +11.2% · sales -2.8%vs 2022Q3, year-ago quarter · EPS -19.6% · sales -3.7%7 EPS · 5 sales-
2023Q2ended 2023-06-302023-07-26 08:303.6102.893-0.3922,8843,052EPS +24.8% · sales -5.5%vs 2022Q2, year-ago quarter · EPS -18.5% · sales -4.9%7 EPS · 5 sales-
2023Q1ended 2023-03-312023-04-26 08:302.8102.9632.9282,9522,985EPS -5.2% · sales -1.1%vs 2022Q1, year-ago quarter · EPS -21.7% · sales +3.4%8 EPS · 6 sales-
2022Q4ended 2022-12-312023-02-15 08:303.8903.4974.1473,0883,012EPS +11.3% · sales +2.5%vs 2021Q4, year-ago quarter · EPS +10.5% · sales +18.8%9 EPS · 7 sales-

Annual earnings

2025FY EPS 12.920 beat 12.883, from 12.000 a year earlier. Sales 12,665 beat 12,413, from 12,636 a year earlier
EPS
16.3700-0.2702018FY EPS 5.790 against 5.77720182019FY EPS 1.010 against 1.05720192020FY EPS -0.270 against -0.15720202021FY EPS 9.580 against 8.47020212022FY EPS 16.370 against 15.96220222023FY EPS 12.950 against 12.78020232024FY EPS 12.000 against 11.94620242025FY EPS 12.920 against 12.8832025
Sales, USD millions
12,74002018FY sales 8,409 against 8,35320182019FY sales 8,926 against 8,90520192020FY sales 8,420 against 8,42420202021FY sales 9,663 against 9,54920212022FY sales 12,011 against 11,93620222023FY sales 11,783 against 11,73720232024FY sales 12,636 against 12,74020242025FY sales 12,665 against 12,4132025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2028FYestimate-21.275--15,09013.12
2027FYestimate-18.212--14,12715.32
2026FYestimate-15.021--13,39618.58
2025FY12.92012.88311.94012,66512,41314.81
2024FY12.00011.94611.05512,63612,74013.07
2023FY12.95012.7808.73411,78311,7378.89
2022FY16.37015.96216.94012,01111,9365.11
2021FY9.5808.4709.6549,6639,5498.60
2020FY-0.270-0.157-2.3458,4208,424-
2019FY1.0101.057-0.4758,9268,90553.77
2018FY5.7905.7775.3818,4098,3538.32
2017FY4.5304.51614.8907,3307,22818.58
2016FY5.4205.7794.9006,7876,76713.73
2015FY6.1306.2215.7106,5726,58345.52
2014FY5.5805.5954.1106,6396,65950.01
2013FY4.8804.8194.5306,4196,44757.18
2012FY4.0403.9674.0906,2576,26069.07
2011FY3.4903.4823.2806,0516,05079.95
2010FY2.2202.2142.2505,1365,138125.69

Quarterly results

2026Q3 revenue 3,433, from 3,171 a year earlier. Operating margin 9.0%, from 9.0% a year earlier
Revenue, USD millions
3,43302024Q4 revenue 3,18924Q42025Q1 revenue 3,13125Q12025Q2 revenue 3,18925Q22025Q3 revenue 3,17125Q32025Q4 revenue 3,17525Q42026Q1 revenue 3,12626Q12026Q2 revenue 3,34726Q22026Q3 revenue 3,43326Q3
Operating margin
9.002024Q4 operating margin 8.7%24Q42025Q1 operating margin 7.6%25Q12025Q2 operating margin 8.9%25Q22025Q3 operating margin 9.0%25Q32025Q4 operating margin 8.8%25Q42026Q1 operating margin 6.8%26Q12026Q2 operating margin 8.1%26Q22026Q3 operating margin 9.0%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 15.02 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYSUSD millions2026-11-0513,396+0.0%
2026FYEper share2026-10-2315.02+0.1%
2026Q4Eper share2026-10-234.420.0%
2026FYRper share2026-10-2214.09+1.7%
2026Q4Rper share2026-10-223.44-16.2%
2026Q4SUSD millions2026-10-223,477+2.2%
2026Q3SUSD millions2026-10-143,381+0.2%
2026Q3Eper share2026-10-114.150.0%
2026Q3Rper share2026-10-063.920.0%
2026Q2Eper share2026-07-153.69+0.1%
2026Q2SUSD millions2026-07-153,291+0.0%
2026Q2Rper share2026-07-143.48-1.1%
2026Q1Eper share2026-04-152.27-0.2%
2026Q1SUSD millions2026-04-153,141+0.1%
2026Q1Rper share2026-04-142.17+0.5%
2025FYEper share2026-02-1112.87-0.1%
2025Q4Eper share2026-02-113.57-0.2%
2025FYRper share2026-02-1112.51+0.7%
2025Q4Rper share2026-02-113.60+0.1%
2025FYSUSD millions2026-02-1112,367-0.4%
2025Q4SUSD millions2026-02-113,193-0.5%
2025Q3Eper share2025-10-093.54+0.2%
2025Q3Rper share2025-10-093.38+0.8%
2025Q3SUSD millions2025-10-093,1830.0%
2025Q2Eper share2025-07-143.11-0.4%
2025Q2SUSD millions2025-07-143,168-0.1%
2025Q2Rper share2025-07-112.94-0.1%
2025Q1Eper share2025-04-162.41+0.3%
2025Q1Rper share2025-04-112.27-1.2%
2025Q1SUSD millions2025-04-113,148-0.4%
2024FYEper share2025-01-0811.95-0.1%
2024Q4Eper share2025-01-083.38-0.2%
2024FYRper share2025-01-0811.140.0%
2024Q4Rper share2025-01-083.200.0%
2024FYSUSD millions2025-01-0812,7400.0%
2024Q4SUSD millions2025-01-083,311-0.1%
2024Q3Eper share2024-10-083.410.0%
2024Q3Rper share2024-10-083.250.0%
2024Q3SUSD millions2024-10-083,2950.0%
2024Q2Eper share2024-07-082.870.0%
2024Q2Rper share2024-07-082.750.0%
2024Q2SUSD millions2024-07-083,2420.0%
2024Q1Eper share2024-04-221.78+4.5%
2024Q1Rper share2024-04-221.73+9.2%
2024Q1SUSD millions2024-04-223,098+1.2%
2023FYEper share2024-01-1812.780.0%
2023FYSUSD millions2024-01-1111,7370.0%
2023FYRper share2024-01-088.710.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share14.895.381-0.475-2.3459.65416.948.73411.05511.86513.0275-
Sales USD millions7,2978,4148,9268,4209,66312,01111,78312,63612,66513,081-
Shares million shares535353545446444239-38
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share3.2133.1112.2833.1073.2913.1622.3233.3934.15
Sales USD millions3,1683,1893,1313,1893,1713,1753,1263,3473,433
Shares million shares424241414039393838

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue13,081.0012,665.00+0.2%12,636.00+7.2%11,783.00-1.9%12,011.00+24.3%9,662.95+14.8%8,420.09-5.7%8,925.80+6.1%8,413.95
Cost of Goods Sold Incl. D&A10,581.0010,161.00-0.5%10,216.00+7.3%9,519.00-1.1%9,621.00+22.4%7,861.40+10.0%7,144.60-5.4%7,555.22+10.7%6,824.32
Gross Profit2,500.002,504.00+3.5%2,420.00+6.9%2,264.00-5.3%2,390.00+32.7%1,801.56+41.2%1,275.49-6.9%1,370.58-13.8%1,589.63
Selling, General and Administrative Excl. Other1,427.001,418.00-0.5%1,425.00+2.8%1,386.00-2.0%1,415.00+34.2%1,054.54+18.0%893.57-1.5%907.45+6.8%849.41
Other Operating Expense0.000.000.000.000.00-100.0%132.07+7.0%123.42+1.2%121.98-1.6%123.96
Operating Income1,073.001,086.00+9.1%995.00+13.3%878.00-9.9%975.00+58.5%614.95+137.9%258.50-24.2%341.15-44.6%616.25
Interest Expense391.00404.00+4.7%386.00+30.4%296.00+29.8%228.00+6.6%213.89-18.2%261.34+8.3%241.38+33.7%180.49
Unusual Expense35.0056.00+27.3%44.00-1.00-109.1%11.00-76.1%45.95-73.8%175.69+26.7%138.67+86.3%74.42
Net Income Before Taxes706.00685.00+3.6%661.00+7.0%618.00-49.2%1,216.00+75.6%692.64-130.36-42.27-110.9%389.47
Income Taxes185.00184.00+7.0%172.00-18.9%212.00-39.9%353.00+106.4%171.04-18.36-19.00-118.5%102.55
Consolidated Net Income517.00498.00+2.5%486.00+20.3%404.00-52.9%858.00+65.3%519.13-112.51-23.73-108.3%285.88
Net Income From Continuing Operations517.00498.00+2.5%486.00+20.3%404.00-52.9%858.00+65.3%519.13-112.51-23.73-108.3%285.88
Net Income514.00496.00+2.1%486.00+20.3%404.00-53.1%862.00+66.9%516.57-122.77-24.86-108.8%283.57
EPS (Recurring) per share13.8812.80+8.9%11.75+35.4%8.68-49.2%17.09+66.6%10.260.00-100.0%1.38-78.3%6.37
EPS (Basic, Before Extraordinaries) per share13.2612.16+7.8%11.28+26.0%8.95-48.6%17.40+76.3%9.87-2.34-0.47-108.7%5.41
EPS (Diluted) per share13.0311.87+7.4%11.05+26.6%8.73-48.5%16.94+75.5%9.65-2.34-0.47-108.7%5.38
EBITDA3,230.003,222.00+17.5%2,742.00-5.3%2,896.00-1.0%2,924.00+21.4%2,409.32+1.0%2,385.86+3.1%2,313.91+10.5%2,093.89
Non-Operating Income (Expense)59.0059.00-38.5%96.00+174.3%35.00-92.7%480.00+42.2%337.52+600.7%48.17-3.37-112.0%28.13
Other After Tax Adjustments-4.00-3.00-3.00-2.00-5.00-2.47-0.52-0.45-1.04
Stock Option Compensation Expense28.4427.65-25.3%37.00+23.3%30.02-25.0%40.00-0.9%40.36+59.7%25.27+19.4%21.16+4.0%20.34
Price To Earnings Ratio ratio statement ratio, not the snapshot21.4221.4214.7211.305.188.57--9.35
Price To Sales Ratio ratio0.680.630.550.450.350.460.380.320.30
Gross Margin %19.1119.7719.1519.2119.9018.6415.1515.3618.89
Operating Margin %8.208.577.877.458.126.363.073.827.32
Net Margin %3.933.923.853.437.185.35-1.46-0.283.37
Shares Outstanding million shares38.2239.42-6.3%42.08-4.1%43.90-5.2%46.29-13.9%53.79+0.1%53.73+0.8%53.28+0.3%53.12
Market Capitalization10,664.5510,664.55+60.8%6,633.64+30.1%5,099.71+21.4%4,199.48-5.1%4,425.94+33.0%3,328.19+15.0%2,894.29+13.2%2,556.19

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue3,433.00+8.3%3,347.00+5.0%3,126.00-0.2%3,175.00-0.4%3,171.00+0.1%3,189.00+0.2%3,131.00+1.1%3,189.00+5.5%
Cost of Goods Sold Incl. D&A2,762.00+9.6%2,710.00+6.7%2,546.00+0.4%2,563.00-0.2%2,520.00-0.7%2,539.00-1.0%2,537.00-0.3%2,568.00+5.1%
Gross Profit671.00+3.1%637.00-2.0%580.00-2.4%612.00-1.4%651.00+3.5%650.00+5.2%594.00+7.2%621.00+7.1%
Selling, General and Administrative Excl. Other361.00-1.4%367.00+0.3%366.00+3.1%333.00-3.5%366.00+2.5%366.00+2.5%355.00-3.3%345.00-3.6%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income310.00+8.8%270.00-4.9%214.00-10.5%279.00+1.1%285.00+4.8%284.00+8.8%239.00+27.8%276.00+24.3%
Interest Expense96.00-5.9%97.00-4.9%97.00-3.0%101.00+1.0%102.00+4.1%102.00+6.3%100.00+8.7%100.00+19.0%
Unusual Expense7.00-36.4%13.00-23.5%6.00-50.0%9.00-35.7%11.00+22.2%17.00+142.9%12.00-20.0%14.00+16.7%
Net Income Before Taxes226.00+18.9%185.00+0.5%118.00-11.9%177.00-2.2%190.00+1.1%184.00+3.4%134.00+17.5%181.00+13.1%
Income Taxes64.00+25.5%52.000.0%25.00-30.6%44.00-4.3%51.00+13.3%52.000.0%36.00+24.1%46.00+27.8%
Consolidated Net Income161.00+16.7%132.00+0.8%92.00-5.2%132.00-1.5%138.00-2.8%131.00+4.8%97.00+14.1%134.00+8.1%
Net Income From Continuing Operations161.00+16.7%132.00+0.8%92.00-5.2%132.00-1.5%138.00-2.8%131.00+4.8%97.00+14.1%134.00+8.1%
Net Income161.00+17.5%132.00+1.5%92.00-5.2%129.00-3.7%137.00-2.8%130.00+3.2%97.00+14.1%134.00+8.1%
EPS (Recurring) per share4.28+23.0%3.63+7.1%2.43-2.0%3.32-0.6%3.48+3.6%3.39+15.7%2.48+17.0%3.34+14.4%
EPS (Basic, Before Extraordinaries) per share4.21+24.9%3.43+7.9%2.35+1.3%3.27+3.2%3.37+2.1%3.18+10.0%2.32+19.6%3.17+12.4%
EPS (Diluted) per share4.15+26.1%3.39+9.0%2.32+1.8%3.16+1.6%3.29+2.5%3.11+10.3%2.28+20.6%3.11+13.9%
EBITDA840.00+2.3%813.00+0.6%756.00-2.2%821.00+14.8%821.00+16.3%808.00+15.4%773.00+24.3%715.00-24.0%
Non-Operating Income (Expense)19.00+5.6%25.00+31.6%7.000.0%8.00-57.9%18.00-21.7%19.00-5.0%7.00-79.4%19.00-44.1%
Other After Tax Adjustments-1.00-1.00-1.00-1.00-1.00-1.00-1.00-1.00
Stock Option Compensation Expense8.69+10.0%7.90-23.1%7.11+50.0%4.74-40.0%7.90-9.1%10.27+18.2%4.74-40.0%7.90+100.0%
Price To Earnings Ratio ratio statement ratio, not the snapshot21.4222.2017.2916.2316.1013.9113.0314.72
Price To Sales Ratio ratio0.680.800.640.620.620.520.490.54
Gross Margin %19.5519.0318.5519.2820.5320.3818.9719.47
Operating Margin %9.038.076.858.798.998.917.638.65
Net Margin %4.693.942.944.064.324.083.104.20
Shares Outstanding million shares38.22-5.3%38.35-6.0%38.69-6.4%39.42-6.3%40.38-4.5%40.79-5.8%41.34-5.7%42.08-4.1%
Market Capitalization10,664.55+38.6%10,205.53+55.3%8,071.14+34.5%7,727.66+16.5%7,694.74+21.9%6,573.19+21.1%6,002.87+13.7%6,633.64+30.1%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments198.00+28.6%154.00-24.5%204.00-23.6%267.00-60.3%673.33+345.1%151.29+105.6%73.58+8.0%68.11-18.0%83.02
Short Term Receivables1,897.00+1.9%1,861.00+8.6%1,714.00+6.5%1,610.00+9.9%1,464.74+23.9%1,182.35-3.8%1,228.49-1.1%1,242.06+22.9%1,010.91
Inventories0.000.000.00-100.0%78.00+13.6%68.68+12.2%61.19-24.3%80.82+2.0%79.23+7.7%73.54
Other Current Assets378.00-15.6%448.00+29.1%347.00+41.6%245.00-3.5%253.88+26.5%200.69+12.0%179.16+0.5%178.31+21.0%147.42
Total Current Assets2,473.00+0.4%2,463.00+8.7%2,265.00+3.0%2,200.00-10.6%2,460.61+54.2%1,595.53+2.1%1,562.05-0.4%1,567.71+19.2%1,314.89
Net Property, Plant & Equipment2,268.00+1.3%2,239.00-79.9%11,125.00+10.7%10,053.00+4.2%9,649.14-3.1%9,960.04-13.8%11,560.27+10.3%10,481.85+14.8%9,131.97
Total Investments and Advances8,898.00-3.3%9,206.000.000.000.000.000.000.00-100.0%61.42
Long-Term Note Receivable-------28.61+84.1%15.54
Intangible Assets1,564.00-3.2%1,615.00+20.9%1,336.00+15.6%1,156.00+56.0%741.11+42.9%518.46-1.4%525.93-1.6%534.28+21.9%438.43
Deferred Tax Assets16.00+14.3%14.00+7.7%13.00-7.1%14.00+180.0%5.000.0%5.00-70.6%17.00-5.6%18.00+167.1%6.74
Other Assets1,168.00+2.9%1,135.00+9.2%1,039.00+6.9%972.00-0.7%978.46+14.7%852.93+5.3%810.08+8.6%745.97+50.7%495.00
Total Assets16,387.00-1.7%16,672.00+5.7%15,778.00+9.6%14,395.00+4.1%13,834.32+7.0%12,931.95-10.7%14,475.33+8.4%13,347.81+16.4%11,464.00
Short Term Debt Incl. Current Port. of LT Debt1,122.00-21.1%1,422.00-21.7%1,817.00+18.0%1,540.00+7.4%1,433.60+140.8%595.37-51.5%1,226.85+21.4%1,010.55+22.3%826.07
Accounts Payable689.00-16.8%828.00-0.6%833.00+8.6%767.00+2.6%747.90+36.6%547.39-8.0%594.71-18.7%731.88+22.1%599.30
Income Tax Payable-7.00--9.47+106.3%4.59+59.9%2.87-17.8%3.49-59.2%8.55
Other Current Liabilities967.00-4.6%1,014.00+1.5%999.00-1.0%1,009.00-0.1%1,009.90+11.5%905.80+13.1%800.92+3.9%770.83+32.7%581.05
Total Current Liabilities2,778.00-15.1%3,271.00-10.4%3,649.00+10.0%3,316.00+3.6%3,200.86+55.9%2,053.15-21.8%2,625.35+4.3%2,516.75+24.9%2,014.97
Long Term Debt7,558.00+1.3%7,463.00+17.9%6,331.00+14.2%5,544.00+0.8%5,501.88-12.4%6,280.08-9.3%6,921.59+18.3%5,849.53+27.6%4,583.58
Provision for Risks Charges101.00-35.3%156.00-32.5%231.00+29.1%179.00-5.0%188.34-42.4%327.11-24.6%434.02-8.6%475.08+9.1%435.46
Deferred Tax Liabilities1,808.00+8.2%1,671.00+0.8%1,658.00+5.5%1,571.00+23.2%1,274.80+13.2%1,125.73-3.1%1,161.44-1.5%1,179.72-2.6%1,211.13
Other Liabilities1,090.00+9.7%994.00+18.3%840.00-0.9%848.00-2.6%870.49-2.2%890.32+3.9%856.63+8.4%790.16+109.5%377.19
Total Liabilities13,335.00-1.6%13,555.00+6.7%12,709.00+10.9%11,458.00+3.8%11,036.38+3.4%10,676.40-11.0%11,999.02+11.0%10,811.24+25.4%8,622.33
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,052.00-2.1%3,117.00+1.6%3,069.00+4.5%2,937.00+5.0%2,797.95+24.0%2,255.56-8.9%2,476.31-2.4%2,536.57-10.7%2,841.67
Total Shareholders Equity3,052.00-2.1%3,117.00+1.6%3,069.00+4.5%2,937.00+5.0%2,797.95+24.0%2,255.56-8.9%2,476.31-2.4%2,536.57-10.7%2,841.67
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity3,052.00-2.1%3,117.00+1.6%3,069.00+4.5%2,937.00+5.0%2,797.95+24.0%2,255.56-8.9%2,476.31-2.4%2,536.57-10.7%2,841.67
Total Liabilities & Stockholders Equity16,387.00-1.7%16,672.00+5.7%15,778.00+9.6%14,395.00+4.1%13,834.32+7.0%12,931.95-10.7%14,475.33+8.4%13,347.81+16.4%11,464.00
Book Value Per Share per share77.43+4.5%74.07+6.0%69.91+10.2%63.45+22.0%52.02+23.9%41.98-9.7%46.48-2.7%47.75-11.0%53.66
Tangible Book Value Per Share per share37.75+5.8%35.69-9.6%39.47+2.6%38.48+0.6%38.24+18.3%32.33-11.7%36.61-2.9%37.70-16.9%45.38
Full-Time Employees people51,600+1.8%50,700+6.7%47,500-1.7%48,300+12.9%42,800+9.7%39,000-2.3%39,900+0.8%39,600+9.7%36,100
Price to Book Ratio ratio3.582.171.651.391.581.471.170.882.05
Return on Assets %3.013.002.686.083.88-0.82-0.172.307.06
Return on Equity %16.1515.7113.4529.9220.55-4.76-0.8810.6332.26
Return on Invested Capital %4.674.594.3010.166.22-1.44-0.263.3810.63
Quick Ratio ratio0.890.750.620.640.750.750.560.590.62
Current Ratio ratio0.890.750.620.660.770.780.590.620.65

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income520.00499.00+2.0%489.00+20.4%406.00-53.2%867.00+67.0%519.04-122.25-24.41-108.6%284.61
Depreciation2,244.002,240.00+20.8%1,854.00-11.1%2,085.00+2.7%2,030.00+6.3%1,909.72-14.6%2,235.16+8.2%2,066.05+34.4%1,537.58
Other Funds (Non Cash)214.00221.00-58.5%533.00+163.9%202.00-262.00-69.72-142.1%165.46-38.1%267.28+72.0%155.44
Funds from Operations3,026.003,090.00+6.7%2,897.00+3.2%2,808.00-3.2%2,901.00+16.7%2,485.19+10.7%2,245.51-1.4%2,276.59+9.1%2,086.53
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-292.00-496.00-632.00-455.00-591.00-309.88-64.20-136.05-368.53
Cash from Operating Activities2,734.002,594.00+14.5%2,265.00-3.7%2,353.00+1.9%2,310.00+6.2%2,175.31-0.3%2,181.30+1.9%2,140.54+24.6%1,717.99
Capital Expenditures-1,780.00-2,135.00-2,683.00-3,234.00-2,631.00-1,941.41-1,146.52-3,735.17-3,050.41
Net Assets From Acquisitions-12.00-1.00-314.00-250.00-458.00-325.120.000.00-167.37
Sale of Fixed Assets and Businesses488.00486.00-11.8%551.00-33.4%827.00-33.0%1,235.00+50.3%821.76+48.8%552.23+6.6%517.98+30.7%396.32
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-1.00-1.00-1.00-6.000.00-4.98-7.250.00-1.65
Other Sources-1.000.000.000.00-100.0%4.00+406.3%0.790.00-100.0%2.260.00
Cash from Investing Activities-1,306.00-1,651.00-2,447.00-2,663.00-1,850.00-1,448.95-601.55-3,214.93-2,823.11
Cash Dividends Paid-150.00-145.00-135.00-128.00-123.00-121.81-119.04-116.47-111.86
Change in Capital Stock-551.00-531.00-311.00-335.00-543.00-26.25-29.22-19.47-13.79
Repurchase of Common Pref Stock-541.00-519.00-321.00-337.00-557.00-56.22-29.22-27.69-30.81
Sale of Common Pref Stock-10.00-12.00-220.0%10.00+400.0%2.00-85.7%14.00-53.3%29.970.00-100.0%8.22-51.7%17.02
Proceedsfrom Stock Options-10.00-12.00-220.0%10.00+400.0%2.00-85.7%14.00-53.3%29.970.00-100.0%8.22-51.7%17.02
Issuance or Reduction of Debt, Net-719.00-230.00-138.0%606.00-16.5%726.00-189.00-48.51-1,348.31-210.5%1,220.08+0.7%1,211.17
Change in Long Term Debt216.00-227.00-173.2%310.00-62.5%826.00-323.00-308.02-971.04-178.4%1,238.11+6.8%1,159.28
Issuance of Long Term Debt794.00892.00-50.1%1,789.00-22.5%2,307.00+87.7%1,229.00+310.2%299.62-85.6%2,084.34-20.8%2,631.00+33.9%1,965.02
Reduction of Long Term Debt-578.00-1,119.00-1,479.00-1,481.00-1,552.00-607.64-3,055.38-1,392.89-805.74
Net Financing Active Other Cash Flow0.00-6.00-7.00-7.00-6.00-7.13-10.610.000.00
Other Financing Activities Uses-1.00-6.00-7.00-7.00-6.00-7.13-10.610.000.00
Cash from Financing Activities-1,420.00-912.00-696.1%153.00-40.2%256.00-861.00-203.71-1,507.18-239.0%1,084.14-0.1%1,085.52
Exchange Rate Effect0.0013.00-21.00-9.00-4.00-0.62-112.1%5.13-4.27-191.0%4.69
Net Change in Cash8.0044.00-50.00-63.00-405.00-177.6%522.03+571.8%77.71+1320.7%5.47-14.91
Free Cash Flow954.00459.00-418.00-881.00-321.00-237.2%233.90-77.4%1,034.78-1,594.63-1,332.42
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio10.9925.48---39.353.53--
Deferred Taxes & Investment Tax Credit-130.00+519.0%21.00-81.7%115.00-56.8%266.00+110.9%126.15-32.87-32.33-129.7%108.89

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments198.00+4.8%219.00+21.7%182.00+20.5%198.00+28.6%189.00+16.7%180.00+9.8%151.00-35.5%154.00-24.5%
Short Term Receivables2,097.00-1.3%1,997.00+7.8%1,932.00+5.9%1,897.00+1.9%2,125.00+13.7%1,853.00-0.4%1,825.00+0.6%1,861.00+8.6%
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets305.00+3.7%329.00+7.2%372.00+5.7%378.00-15.6%294.00-16.0%307.00-11.3%352.00-1.7%448.00+29.1%
Total Current Assets2,600.00-0.3%2,545.00+8.8%2,486.00+6.8%2,473.00+0.4%2,608.00+9.5%2,340.00-1.3%2,328.00-3.2%2,463.00+8.7%
Net Property, Plant & Equipment2,248.00+2.9%2,255.00+4.9%2,282.00+3.8%2,268.00+1.3%2,185.00-4.8%2,150.00-81.0%2,199.00-80.7%2,239.00-79.9%
Total Investments and Advances8,565.00-4.9%8,517.00-7.6%8,708.00-4.7%8,898.00-3.3%9,003.00-1.0%9,219.009,140.009,206.00
Intangible Assets1,526.00-3.2%1,539.00-3.3%1,561.00-2.7%1,564.00-3.2%1,577.00-1.8%1,591.00-0.9%1,604.00+1.1%1,615.00+20.9%
Deferred Tax Assets---16.00+14.3%---14.00+7.7%
Other Assets1,231.00+4.8%1,233.00+5.4%1,191.00+3.6%1,168.00+2.9%1,175.00+4.4%1,170.00+5.2%1,150.00+5.5%1,135.00+9.2%
Total Assets16,170.00-2.3%16,089.00-2.3%16,228.00-1.2%16,387.00-1.7%16,548.00+0.3%16,470.00+0.4%16,421.00-0.4%16,672.00+5.7%
Short Term Debt Incl. Current Port. of LT Debt1,963.00+125.1%2,261.00+120.4%2,018.00+42.9%1,122.00-21.1%872.00-31.8%1,026.00-26.1%1,412.00+35.2%1,422.00-21.7%
Accounts Payable835.00+23.5%734.00-12.4%725.00-16.1%689.00-16.8%676.00-24.1%838.00+5.1%864.00+1.2%828.00-0.6%
Income Tax Payable42.00----55.00+816.7%3.00-93.0%7.00
Other Current Liabilities1,042.00+3.0%947.00-0.3%925.00+0.8%967.00-4.6%1,012.00-1.9%950.00-4.2%918.00-6.0%1,014.00+1.5%
Total Current Liabilities3,882.00+51.6%3,942.00+37.4%3,668.00+14.7%2,778.00-15.1%2,560.00-20.3%2,869.00-9.9%3,197.00+9.6%3,271.00-10.4%
Long Term Debt6,216.00-22.0%6,192.00-19.5%6,699.00-9.6%7,558.00+1.3%7,969.00+6.6%7,695.00+4.8%7,413.00-4.1%7,463.00+17.9%
Provision for Risks Charges92.00-6.1%99.00-37.3%100.00-35.9%101.00-35.3%98.00-46.4%158.00-32.2%156.00-33.0%156.00-32.5%
Deferred Tax Liabilities1,829.00+3.2%1,824.00+11.8%1,812.00+9.4%1,808.00+8.2%1,772.00+8.8%1,632.00-0.5%1,657.00+1.5%1,671.00+0.8%
Other Liabilities1,174.00+11.3%1,153.00+10.7%1,091.00+9.6%1,090.00+9.7%1,055.00+12.1%1,042.00+12.6%995.00+10.4%994.00+18.3%
Total Liabilities13,193.00-1.9%13,210.00-1.4%13,370.00-0.4%13,335.00-1.6%13,454.00+0.1%13,396.00+0.5%13,418.00+0.0%13,555.00+6.7%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity2,977.00-3.8%2,879.00-6.3%2,858.00-4.8%3,052.00-2.1%3,094.00+1.2%3,074.00-0.2%3,003.00-2.0%3,117.00+1.6%
Total Shareholders Equity2,977.00-3.8%2,879.00-6.3%2,858.00-4.8%3,052.00-2.1%3,094.00+1.2%3,074.00-0.2%3,003.00-2.0%3,117.00+1.6%
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity2,977.00-3.8%2,879.00-6.3%2,858.00-4.8%3,052.00-2.1%3,094.00+1.2%3,074.00-0.2%3,003.00-2.0%3,117.00+1.6%
Total Liabilities & Stockholders Equity16,170.00-2.3%16,089.00-2.3%16,228.00-1.2%16,387.00-1.7%16,548.00+0.3%16,470.00+0.4%16,421.00-0.4%16,672.00+5.7%
Book Value Per Share per share77.89+1.6%75.08-0.4%73.87+1.7%77.43+4.5%76.63+6.0%75.36+5.9%72.64+3.9%74.07+6.0%
Tangible Book Value Per Share per share37.97+1.1%34.94-3.9%33.52-0.9%37.75+5.8%37.57+9.6%36.36+6.6%33.84+0.3%35.69-9.6%
Full-Time Employees people---51,600+1.8%---50,700+6.7%
Price to Book Ratio ratio3.583.572.642.502.502.191.942.17
Return on Assets %3.163.033.023.013.033.073.033.00
Return on Equity %17.0316.6016.8216.1516.2616.3816.4115.71
Return on Invested Capital %1.751.460.961.221.241.210.931.27
Quick Ratio ratio0.670.650.680.891.020.820.730.75
Current Ratio ratio0.670.650.680.891.020.820.730.75

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income163.00+18.1%133.00+0.8%93.00-5.1%131.00-3.0%138.00-2.8%132.00+3.9%98.00+15.3%135.00+8.9%
Depreciation557.00+0.4%556.00+0.4%561.000.0%570.00+21.5%555.00+20.7%554.00+19.9%561.00+21.2%469.00-37.0%
Other Funds (Non Cash)48.00-20.0%64.000.0%50.00+11.1%52.00-64.4%60.00-49.2%64.00-54.0%45.00-65.4%146.00
Funds from Operations771.00-13.7%762.00+5.7%708.00+2.5%785.00-1.9%893.00+25.6%721.00+0.4%691.00+3.4%800.00+14.6%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-46.00-85.00-374.2%-125.00-36.00-451.0031.00-40.00-242.00
Cash from Operating Activities725.00+64.0%677.00-10.0%583.00-10.4%749.00+34.2%442.00-29.7%752.00+36.2%651.00+23.8%558.00+9.2%
Capital Expenditures-543.00-405.00-427.00-405.00-527.00-689.00-514.00-761.00
Net Assets From Acquisitions0.00-1.00-11.000.000.000.00-1.00-1.00
Sale of Fixed Assets and Businesses127.00+5.8%138.000.0%117.00-4.1%106.00-10.2%120.00+3.4%138.00-4.2%122.00-29.5%118.00-34.4%
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.00
Other Uses0.000.000.00-1.000.00-100.0%0.000.00-1.00
Other Sources-1.001.000.0%0.00-1.000.001.000.000.00
Cash from Investing Activities-417.00-267.00-321.00-301.00-407.00-550.00-393.00-645.00
Cash Dividends Paid-39.00-35.00-39.00-37.00-37.00-33.00-38.00-34.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-36.00-94.00-257.00-164.00-90.00-87.00-190.00-35.00
Repurchase of Common Pref Stock-40.00-75.00-257.00-169.00-73.00-87.00-190.00-39.00
Sale of Common Pref Stock4.00-19.000.005.00+25.0%-17.00-383.3%0.000.004.00+100.0%
Proceedsfrom Stock Options4.00-19.000.005.00+25.0%-17.00-383.3%0.000.004.00+100.0%
Issuance or Reduction of Debt, Net-254.00-346.6%-244.0020.00-241.00-251.6%103.00+139.5%-60.00-32.00-107.6%159.00-66.2%
Change in Long Term Debt181.00-70.00-13.00-104.7%118.00-56.0%-468.00-156.00-182.1%279.00+109.8%268.00-59.1%
Issuance of Long Term Debt496.000.00-100.0%0.00-100.0%298.00-0.3%0.00-100.0%297.000.0%297.00-66.9%299.00-69.9%
Reduction of Long Term Debt-315.00-70.00-13.00-180.00-468.00-453.00-18.00-31.00
Net Financing Active Other Cash Flow2.000.00-1.00-1.00-1.00-3.00-1.00-2.00
Other Financing Activities Uses1.000.00-1.00-1.00-1.00-3.00-1.00-2.00
Cash from Financing Activities-327.00-373.00-277.00-443.00-603.4%-25.00-183.00-261.00-182.6%88.00-77.0%
Exchange Rate Effect-2.000.00-100.0%-1.003.000.0010.000.00-9.00-1000.0%
Net Change in Cash-21.00-310.0%37.00+27.6%-16.008.0010.0029.00-3.00-110.0%-8.00-117.8%
Free Cash Flow182.00272.00+331.7%156.00+13.9%344.00-85.00-374.2%63.00137.00-203.00
Price to Free Cash Flow ratio10.9919.0424.4224.87----

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Total Services-Auto Rental & Leasing (No Drivers) revenue12,636.0012,665.00+0.2%100.0%
Total12,636.0012,665.00+0.2%100.0%
Region
Name20242025vs 20242025 share
Canada538.00548.00+1.9%4.3%
Mexico325.00335.00+3.1%2.6%
United States11,773.0011,782.00+0.1%93.0%
Total12,636.0012,665.00+0.2%100.0%
Segment
Name20242025vs 20242025 share
Consolidation, Policy-998.00-982.00-1.6%-7.8%
Dedicated Transportation Solutions2,446.002,343.00-4.2%18.5%
Fleet Management Solutions5,888.005,845.00-0.7%46.2%
Supply Chain Solutions5,300.005,459.00+3.0%43.1%
Total12,636.0012,665.00+0.2%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.18%0.8M36.8M295.91K
2026-10-152.50%0.9M36.8M293.06K
2026-09-302.39%0.9M37.0M297.07K
2026-09-152.22%0.8M37.0M330.48K
2026-08-312.27%0.8M37.0M356.06K
2026-08-142.23%0.8M37.0M374.60K
2026-07-312.76%1.0M37.0M396.46K
2026-07-152.93%1.1M37.3M421.04K
2026-06-302.81%1.0M37.3M420.18K
2026-06-153.26%1.2M37.3M399.43K
2026-05-292.78%1.0M37.3M388.96K
2026-05-153.42%1.3M37.3M397.49K
2026-04-302.52%0.9M37.3M417.72K
2026-04-152.52%1.0M37.8M370.92K
2026-03-312.60%1.0M38.1M373.32K
2026-03-132.54%1.0M38.1M371.64K
2026-02-272.20%0.8M38.1M388.02K
2026-02-132.19%0.8M38.0M372.20K
2026-01-302.31%0.9M39.0M350.90K
2026-01-151.79%0.7M39.0M395.44K

Option chain

Expiry 2026-11-20 · underlying 279.04, quoted 12 Nov 15:59 ET · ATM 280

Option quotes 12 Nov 15:52 ET. A date on a row is older than the last session (12 Nov). 77 rows.

Implied move 3.80% into expiry (call 5.050 + put 5.550 = 10.600 on 279.04)

Put/call open interest 0.91 (509 puts / 559 calls) · Put/call volume 0.10 (4 puts / 41 calls)

IV change is points against the prior close.

TypeStrikeMoneyBidAskLastChgIVOpen intVolumeLast sizeDeltaThetaVega
call 16 Jul110ITM167170.81610.00390.1% +108.11000.993-0.1450.008
put 1 JanOTM0.001.900.000.00282.4% 0.0000-0.007-0.1430.008
call 1 Jan115ITM162.1165.80.000.00359.2% +89.40000.992-0.1450.008
put 1 JanOTM0.001.650.000.00310.4% 0.0000-0.014-0.2880.015
call 16 Apr120ITM157.1160.8100.80.00343.5% +85.81000.992-0.1450.009
put 1 JanOTM0.001.650.000.00257.8% 0.0000-0.008-0.1420.009
call 1 Jan125ITM152.1155.90.000.00344.8% +98.90000.992-0.1450.009
put 1 JanOTM0.001.650.000.00245.9% 0.0000-0.008-0.1410.009
call 1 Jan130ITM147.1150.80.000.00326.6% +91.70000.991-0.1440.009
put 1 JanOTM0.001.650.000.00234.8% 0.0000-0.008-0.1400.009
call 1 Jan135ITM142.1145.60.000.00305.7% +81.60000.991-0.1440.010
put 1 JanOTM0.001.650.000.00224.1% 0.0000-0.009-0.1390.010
call 1 Jan140ITM137.1140.90.000.00301.5% +87.60000.990-0.1440.010
put 2 NovOTM0.001.650.050.00213.8% 0.0200-0.009-0.1380.010
call 21 Aug145ITM132.1135.9104.720.00277.3% +73.01000.990-0.1440.011
put 28 JulOTM0.001.650.450.00203.9% 0.0200-0.010-0.1370.011
call 1 Jan150ITM126.9130.80.000.00261.6% +66.90000.990-0.1430.011
put 28 JulOTM0.001.650.500.00194.3% 0.0200-0.010-0.1360.011
call 1 Jan155ITM121.9125.90.000.00262.6% +77.60000.989-0.1430.012
put 28 MayOTM0.001.651.790.00184.9% 0.0100-0.011-0.1350.012
call 16 Sep160ITM117.7120.980.800.00240.8% +64.42000.989-0.1420.012
put 28 MayOTM0.001.652.070.00175.9% 0.0100-0.011-0.1340.012
call 1 Jan165ITM112.1115.90.000.00229.3% +61.80000.988-0.1420.013
put 28 MayOTM0.001.652.760.00167.5% 0.0100-0.012-0.1340.013
call 9 Jun170ITM107.2110.9108.70.00218.2% +59.21000.987-0.1410.013
put 28 MayOTM0.001.653.140.00158.6% 0.0100-0.012-0.1320.013
call 2 Oct175ITM102.2105.963.400.00207.3% +56.61000.987-0.1410.014
put 16 AprOTM0.001.657.500.00150.3% 0.01600-0.013-0.1310.014
call 2 Nov180ITM97.20100.9108.50.00196.8% +54.20000.986-0.1400.014
put 9 NovOTM0.001.650.190.00142.6% 0.0200-0.014-0.1300.014
call 22 Sep185ITM92.7095.9056.050.00186.5% +51.80000.985-0.1390.015
put 29 SepOTM0.001.651.500.00134.7% 0.0000-0.014-0.1290.015
call 27 Oct190ITM87.1090.9090.150.00183.9% +57.33000.984-0.1380.016
put 19 AugOTM0.000.301.200.00155.5% 0.0100-0.031-0.2820.029
call 1 Jan195ITM82.7085.800.000.00164.3% +21.60000.966-0.2930.031
put 23 OctOTM0.001.700.050.00142.7% 0.0200-0.034-0.2810.031
call 14 Aug200ITM77.2081.0067.020.00165.7% +31.93000.963-0.2890.033
put 28 OctOTM0.001.700.110.00134.1% 0.02600-0.036-0.2770.032
call 22 Oct210ITM67.2071.0044.900.00140.0% +22.412000.959-0.2820.036
put 29 SepOTM0.001.754.900.00117.6% 0.0400-0.041-0.2680.036
call 9 Nov220ITM57.7061.0056.090.00121.6% +20.120000.953-0.2730.040
put 22 OctOTM0.001.800.890.00101.1% 0.01700-0.047-0.2580.040
call 22 Oct230ITM47.8051.0028.300.00108.6% +23.213000.945-0.2610.045
put 26 OctOTM0.001.950.910.0085.9% 0.06900-0.054-0.2460.045
call 5 Nov240ITM37.8041.2045.700.0088.8% +18.225000.935-0.2480.052
put 11 NovOTM0.002.050.280.0070.6% 0.06900-0.065-0.2320.052
call 9 Nov250ITM28.0031.2027.100.0071.2% +16.357000.919-0.2300.061
put 10 NovOTM0.002.050.500.0055.3% 0.025300-0.080-0.2130.061
call 29 Oct260ITM18.4020.9022.450.0049.8% +8.44000.885-0.2260.079
put 11 NovOTM0.050.850.500.0039.9% -1.51500-0.114-0.2070.079
call270ITM9.8011.8014.60-0.2340.3% +3.513210.734-0.3280.134
putOTM1.452.251.76-0.1934.9% -1.81741-0.266-0.3080.134
call280ATM4.106.005.00-1.4039.1% +1.565650.490-0.4020.163
put 10 NovATM4.806.305.300.0036.1% -1.6700-0.509-0.3800.163
call290OTM1.203.302.90+0.5845.1% +1.11721100.289-0.3980.140
put 4 NovITM11.0013.6012.060.0041.6% -2.4000-0.711-0.3760.140
call300OTM0.100.900.72-0.2840.0% -1.513712100.125-0.2250.084
put 2 NovITM20.1022.8014.000.0051.8% +10.3100-0.875-0.2020.084
call 5 Nov310OTM0.001.450.260.0052.5% 0.014000.093-0.2290.068
put 1 JanITM29.7032.800.000.0062.7% +9.7000-0.907-0.2060.068
call 26 Oct320OTM0.001.750.800.0063.9% 0.015000.079-0.2470.060
put 1 JanITM39.4043.000.000.0081.2% +16.9000-0.921-0.2220.060
call 2 Nov330OTM0.001.650.300.0074.5% 0.017000.070-0.2620.055
put 26 OctITM49.5053.0046.100.0093.4% +18.5000-0.930-0.2350.054
call 28 Sep340OTM0.001.650.100.0084.5% 0.011000.063-0.2740.051
put 22 OctITM59.2063.0079.500.00104.9% +19.9000-0.937-0.2460.050
call 1 Jan350OTM0.001.650.000.0093.9% 0.00000.058-0.2840.047
put 1 JanITM69.3073.000.000.00115.7% +21.3000-0.942-0.2560.047
call 3 Sep360OTM0.001.650.350.00102.9% 0.00000.054-0.2930.045
put 1 JanITM79.3083.000.000.00125.9% +22.6000-0.946-0.2640.044
call 1 Jan370OTM0.001.650.000.00111.9% 0.00000.050-0.3020.042
put 1 JanITM89.4093.000.000.00135.7% +23.8000-0.950-0.2710.042
call 31 Aug380OTM0.001.650.050.00120.1% 0.01000.047-0.3090.040
put 1 JanITM99.401030.000.00145.0% +25.0000-0.952-0.2770.040
call 1 Jan390OTM0.001.650.000.00126.3% 0.00000.045-0.3130.039
put 1 JanITM109.31130.000.00154.6% +27.1000-0.955-0.2830.039
call 1 Jan400OTM0.001.900.000.00135.1% 0.00000.043-0.3220.037
put 1 JanITM119.21230.000.00162.6% +27.1000-0.957-0.2880.037
call 1 Jan410OTM0.001.650.000.00139.5% 0.00000.041-0.3230.037
put 1 JanITM129.11330.000.00170.9% +28.1000-0.959-0.2920.036
call 26 Oct420OTM0.001.650.050.00147.0% 0.0125000.040-0.3290.035
put 22 OctITM139.4142.51600.00170.7% +21.3000-0.960-0.2970.035

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-034Statement of changes in beneficial ownership of securities2026-11-01SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-11-024Statement of changes in beneficial ownership of securities2026-10-29SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-29144Filing for proposed sale of securities under Rule 144.SEC
2026-10-28144Filing for proposed sale of securities under Rule 144.SEC
2026-10-284Statement of changes in beneficial ownership of securities2026-10-26SEC
2026-10-27144Filing for proposed sale of securities under Rule 144.SEC
2026-10-26144Filing for proposed sale of securities under Rule 144.SEC
2026-10-26424B3SEC
2026-10-26424B3SEC
2026-10-2210-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-228-KCurrent report2026-10-22SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-014Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-17SEC
2026-07-31SCHEDULE 13GSEC
2026-07-27424B3SEC
2026-07-27424B3SEC
2026-07-2310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-238-KCurrent report2026-07-23SEC
2026-07-024Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-06-2511-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-15S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-06-014Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-29144Filing for proposed sale of securities under Rule 144.SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-28144Filing for proposed sale of securities under Rule 144.SEC
2026-05-15SCHEDULE 13G/ASEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100873.37K1
2026-100011.65M5
2026-090000
2026-080000
2026-070000
2026-060000
2026-05001.57M3
2026-040000
2026-030000
2026-020039.63M12
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.10.39%
EARNEST PARTNERS LLC7.91%
VANGUARD PORTFOLIO MANAGEMENT LLC6.82%
STATE STREET CORP4.60%
VANGUARD CAPITAL MANAGEMENT LLC4.35%
DIMENSIONAL FUND ADVISORS LP4.13%
AMERICAN CENTURY COMPANIES INC2.36%
FIRST TRUST ADVISORS LP2.31%
WELLINGTON MANAGEMENT GROUP LLP2.24%
GOLDMAN SACHS GROUP INC2.24%

Funds

Fund% owned
Core Fixed Income Fund133%
PGIM Total Return Bond Fund77.15%
Thornburg Capital Management Fund72.37%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND65.68%
The Osterweis Strategic Income Fund51.69%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND44.11%
Baird Core Plus Bond Fund42.77%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND41.49%
Baird Aggregate Bond Fund38.77%
THRIVENT CORE SHORT-TERM RESERVE FUND38.77%

OakChart. R. Cached 15 minutes. Terms