← RYDER SYSTEM INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $863.0m $406.0m $489.0m $501.0m $497.0m
Net Income (Loss) Attributable to Parent $262.5m
$790.6m +201.19%
$273.3m -65.43%
($24.4m) -108.93%
($122.2m) -400.82%
$519.0m +524.57%
$867.0m +67.04%
$406.0m -53.17%
$489.0m +20.44%
$499.0m +2.04%
—
Depreciation, Depletion and Amortization $1.2b $1.3b $1.4b $1.9b $2.0b $1.8b $1.7b $1.7b $1.7b $2.2b $2.2b
Amortization of Intangible Assets $6.0m $6.0m $8.0m $8.0m $8.0m $8.0m $37.0m $35.0m $53.0m $52.0m —
Amortization Cash Flow — — — — — — $118.0m $102.0m $160.0m $156.0m —
Amortization Of Intangibles — — — — — — $118.0m $102.0m $160.0m $156.0m $143.0m
Depreciation Amortization Depletion — — — — — — $1.8b $2.1b $2.2b $2.2b $2.2b
Deferred Income Tax Expense (Benefit) $124.9m ($499.8m) $104.6m ($32.3m) ($32.9m) $126.2m $266.0m $115.0m $21.0m $130.0m $185.0m
Deferred Tax — — — — — — $266.0m $115.0m $21.0m $130.0m $185.0m
Share-based Payment Arrangement, Noncash Expense $18.7m $19.0m $25.0m — — — — — — — —
Share-based Payment Arrangement, Expense $18.7m — — $25.8m $30.0m $47.0m $46.0m $44.0m $42.0m $39.0m —
Goodwill, Impairment Loss — $0 $15.5m $0 $0 — — — — — —
Other Nonoperating Income (Expense) $13.1m $44.2m $5.4m $33.6m $21.9m $66.0m $32.0m $47.0m $34.0m $26.0m —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($591.0m) ($455.0m) ($632.0m) ($496.0m) ($697.0m)
Change In Receivables — — — — — — ($134.0m) ($26.0m) ($61.0m) ($33.0m) ($150.0m)
Increase (Decrease) in Inventories $5.9m $3.3m $5.8m $1.3m ($20.1m) $7.5m $9.0m — — — —
Change In Inventory — — — — — ($7.5m) ($9.0m) — — — —
Change In Payables And Accrued Expense — — — — — — ($327.0m) ($344.0m) ($463.0m) ($516.0m) ($11.0m)
Change In Accrued Expense — — — — — — ($298.0m) ($337.0m) ($431.0m) ($453.0m) ($479.0m)
Net Cash Provided by (Used in) Operating Activities $1.6b
$1.5b -3.31%
$1.6b +5.63%
$2.1b +30.91%
$2.2b +1.90%
$2.2b -0.27%
$2.3b +6.19%
$2.4b +1.86%
$2.3b -3.74%
$2.6b +14.53%
$2.5b -5.51%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $7.1m $26.1m $2.5m $17.6m $13.3m $73.7m $53.0m $63.0m $19.0m $18.0m $49.0m
Capital Expenditure — — — — — — ($2.6b) ($3.2b) ($2.7b) ($2.1b) ($1.8b)
Payments to Acquire Businesses, Net of Cash Acquired $0 $7.2m $167.4m $0 $0 $325.1m $458.0m $250.0m $314.0m $1.0m ($12.0m)
Payments for (Proceeds from) Other Investing Activities — — — — ($6.7m) $5.0m ($4.0m) $6.0m $0 $0 —
Net Other Investing Changes — — — — — ($6.0m) $4.0m ($6.0m) — — ($5.0m)
Net Cash Provided by (Used in) Investing Activities ($1.4b) ($1.4b) ($2.7b) ($3.2b) ($601.0m) ($1.4b) ($1.9b) ($2.7b) ($2.4b) ($1.6b) ($1.3b)
Cash flows from financing activities:
Debt and Equity Securities, Realized Gain (Loss) — — — — — — — $17.0m $20.0m $21.0m —
Debt and Equity Securities, Unrealized Gain (Loss) — — — — — — — $17.0m $20.0m $21.0m —
Issuance Of Debt — — — — — — $1.2b $2.3b $1.8b $892.0m $298.0m
Long Term Debt Issuance — — — — — — $1.2b $2.3b $1.8b $892.0m $298.0m
Long Term Debt Payments — — — — — — ($1.6b) ($1.5b) ($1.5b) ($1.1b) ($731.0m)
Net Issuance Payments Of Debt — — — — — — ($189.0m) $726.0m $606.0m ($230.0m) ($362.0m)
Net Long Term Debt Issuance — — — — — — ($323.0m) $826.0m $310.0m ($227.0m) ($433.0m)
Net Short Term Debt Issuance — — — — — — $134.0m ($100.0m) $296.0m ($3.0m) $71.0m
Repayment Of Debt — — — — — — ($1.6b) ($1.5b) ($1.5b) ($1.1b) ($731.0m)
Payments for Repurchase of Common Stock $37.3m $78.3m $30.8m $27.7m $29.2m $56.2m $557.0m $337.0m $321.0m $519.0m —
Payments of Ordinary Dividends, Common Stock $91.0m $95.8m $111.9m $116.5m $119.0m $121.8m $123.0m $128.0m $135.0m $145.0m ($148.0m)
Proceeds from Issuance of Common Stock — — — — — — — — — ($12.0m) $10.0m
Common Stock Dividend Paid — — — — — — ($123.0m) ($128.0m) ($135.0m) ($145.0m) ($148.0m)
Common Stock Issuance — — — — — $30.0m $14.0m $2.0m $10.0m — $10.0m
Common Stock Payments — — — — — — ($557.0m) ($337.0m) ($321.0m) ($531.0m) ($605.0m)
Issuance Of Capital Stock — — — — — $30.0m $14.0m $2.0m $10.0m — $10.0m
Net Common Stock Issuance — — — — — — ($543.0m) ($335.0m) ($311.0m) ($531.0m) ($605.0m)
Repurchase Of Capital Stock — — — — — — ($557.0m) ($337.0m) ($321.0m) ($531.0m) ($605.0m)
Cash Dividends Paid — — — — — — ($123.0m) ($128.0m) ($135.0m) ($145.0m) ($148.0m)
Proceeds from (Payments for) Other Financing Activities — — — — ($10.6m) ($7.1m) ($6.0m) ($7.0m) ($7.0m) ($6.0m) —
Net Other Financing Charges — — — — — — ($6.0m) ($7.0m) ($7.0m) ($6.0m) ($3.0m)
Net Cash Provided by (Used in) Financing Activities ($185.9m)
($155.1m) +16.57%
$1.1b +804.93%
$1.1b -0.85%
($1.5b) -239.02%
($203.7m) +86.48%
($861.0m) -322.66%
$256.0m +129.73%
$153.0m -40.23%
($912.0m) -696.08%
($1.1b) -22.59%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($9.5m) ($5.5m) $4.7m ($4.3m) $77.7m $522.0m ($405.0m) ($63.0m) ($50.0m) $44.0m $217.0m
Beginning Cash Position — — — — — — $672.0m $267.0m $204.0m $154.0m $180.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $68.1m $73.6m $151.3m $673.3m $267.0m $204.0m $154.0m $198.0m $217.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($9.5m) ($5.5m) $4.7m ($4.3m) $5.1m ($617k) ($4.0m) ($9.0m) ($21.0m) $13.0m $2.0m
Effect Of Exchange Rate Changes — — — — — — ($4.0m) ($9.0m) ($21.0m) $13.0m $2.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $161.8m $225.8m $245.8m $208.1m $214.0m $269.0m $372.0m $399.0m —
Income Taxes Paid, Net $14.1m $13.7m $23.0m $6.3m $14.3m $45.2m $115.0m $96.0m $207.0m $52.0m —
Additional Financial Items
Foreign Currency Transaction Gain (Loss), before Tax — — — — — — — ($188.0m) $0 $0 —
Gain (Loss) on Sale of Properties — $24.1m $0 $18.6m $5.4m $42.0m $36.0m — — — —
Gain (Loss) Related to Litigation Settlement — $1.6m $817k $0 — — — — — — —
Goodwill $386.8m $395.5m $475.2m $475.0m $475.2m $570.9m $861.0m $940.0m $1.2b $1.2b —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $264.6m $791.0m $275.6m ($23.3m) ($112.0m) $521.6m $863.0m $406.0m $489.0m $501.0m —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($2.2m) ($457k) ($2.3m) ($1.1m) ($10.3m) ($2.6m) $4.0m $0 $0 ($2.0m) —
Income Tax Expense (Benefit) $141.7m ($477.2m) $98.3m ($19.0m) ($18.4m) $171.0m $353.0m $212.0m $172.0m $184.0m —
Operating Lease, Lease Income — — — — $3.7b $4.0b $4.2b $3.9b $3.8b $3.9b —
Sales-type Lease, Selling Profit (Loss) — — — ($121.2m) ($114.5m) ($138.7m) — — — — —
Cash Flow From Continuing Financing Activities — — — — — — ($861.0m) $256.0m $153.0m ($912.0m) ($1.1b)
Cash Flow From Continuing Investing Activities — — — — — — ($1.9b) ($2.7b) ($2.4b) ($1.6b) ($1.3b)
Cash Flow From Discontinued Operation — — — — — — $0 $0 ($1.0m) ($1.0m) ($1.0m)
Change In Account Payable — — — — — — ($29.0m) ($7.0m) ($32.0m) ($63.0m) ($11.0m)
Change In Cash Supplemental As Reported — — — — — — ($405.0m) ($63.0m) ($50.0m) $44.0m —
Change In Payable — — — — — — ($29.0m) ($7.0m) ($32.0m) ($63.0m) ($11.0m)
Change In Prepaid Assets — — — — — — ($130.0m) ($85.0m) ($108.0m) $53.0m ($57.0m)
Changes In Cash — — — — — — ($401.0m) ($54.0m) ($29.0m) $31.0m $37.0m
End Cash Position — — — — — — $267.0m $204.0m $154.0m $198.0m $217.0m
Financing Cash Flow — — — — — — ($861.0m)
$256.0m +129.73%
$153.0m -40.23%
($912.0m) -696.08%
($1.1b) -22.59%
Free Cash Flow — — — — — — ($321.0m) ($881.0m) ($418.0m) $459.0m $687.0m
Gain Loss On Sale Of PPE — — — — — — ($450.0m) ($196.0m) ($72.0m) ($22.0m) ($34.0m)
Investing Cash Flow — — — — — — ($1.9b) ($2.7b) ($2.4b) ($1.6b) ($1.3b)
Net Business Purchase And Sale — — — — — — ($458.0m) ($250.0m) ($314.0m) ($1.0m) ($12.0m)
Net Foreign Currency Exchange Gain Loss — — — — — — $0 $188.0m $0 $0 $0
Net PPE Purchase And Sale — — — — — — ($1.4b) ($2.4b) ($2.1b) ($1.6b) ($1.3b)
Operating Gains Losses — — — — — — ($393.0m) $76.0m $11.0m $53.0m $49.0m
Other Non Cash Items — — — — — — $334.0m $126.0m $148.0m $166.0m —
Pension And Employee Benefit Expense — — — — — — $57.0m $84.0m $83.0m $75.0m $83.0m
Purchase Of Business — — — — — — ($458.0m) ($250.0m) ($314.0m) ($1.0m) ($12.0m)
Purchase Of PPE $1.9b $1.9b $3.1b $3.7b $1.1b $1.9b ($2.6b) ($3.2b) ($2.7b) ($2.1b) ($1.8b)
Sale Of PPE — — — — — — $1.2b $827.0m $551.0m $486.0m $481.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.