Ryder System annual debt-to-equity ratio
2009
2010
2011
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2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ryder System Debt-to-Equity Ratio Growth & History (R)
Ryder System's debt-to-equity ratio was 2.86 for fiscal 2025.
View full Ryder System company overviewRyder System annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.86 | −0.01 | −0.37% |
| 2024 | 2024-12-31 | 2.87 | 0.19 | +7.27% |
| 2023 | 2023-12-31 | 2.68 | 0.26 | +10.66% |
| 2022 | 2022-12-31 | 2.42 | −0.07 | −2.73% |
| 2021 | 2021-12-31 | 2.49 | −0.57 | −18.74% |
| 2020 | 2020-12-31 | 3.06 | −0.23 | −7.04% |
| 2019 | 2019-12-31 | 3.29 | 0.59 | +21.69% |
| 2018 | 2018-12-31 | 2.70 | 0.50 | +22.66% |
| 2017 | 2017-12-31 | 2.20 | −0.42 | −15.85% |
| 2016 | 2016-12-31 | 2.62 | −0.15 | −5.38% |
| 2015 | 2015-12-31 | 2.77 | 0.17 | +6.48% |
| 2014 | 2014-12-31 | 2.60 | 0.39 | +17.73% |
| 2013 | 2013-12-31 | 2.21 | −0.40 | −15.17% |
| 2012 | 2012-12-31 | 2.60 | 0.04 | +1.49% |
| 2011 | 2011-12-31 | 2.57 | 0.61 | +31.17% |
| 2010 | 2010-12-31 | 1.96 | 0.37 | +23.24% |
| 2009 | 2009-12-31 | 1.59 | — | — |
Ryder System quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.94 | 0.10 | +3.49% |
| Q1 2026 | 2026-03-31 | 3.05 | 0.11 | +3.79% |
| Q4 2025 | 2025-12-31 | 2.86 | −0.01 | −0.37% |
| Q3 2025 | 2025-09-30 | 2.86 | −0.01 | −0.28% |
| Q2 2025 | 2025-06-30 | 2.84 | 0.00 | +0.08% |
| Q1 2025 | 2025-03-31 | 2.94 | 0.08 | +2.65% |
| Q4 2024 | 2024-12-31 | 2.87 | 0.19 | +7.27% |
| Q3 2024 | 2024-09-30 | 2.87 | 0.41 | +16.48% |
| Q2 2024 | 2024-06-30 | 2.83 | 0.47 | +20.11% |
| Q1 2024 | 2024-03-31 | 2.86 | 0.52 | +22.33% |
| Q4 2023 | 2023-12-31 | 2.68 | 0.26 | +10.66% |
| Q3 2023 | 2023-09-30 | 2.46 | 0.14 | +6.09% |
| Q2 2023 | 2023-06-30 | 2.36 | −0.17 | −6.65% |
| Q1 2023 | 2023-03-31 | 2.34 | −0.42 | −15.28% |
| Q4 2022 | 2022-12-31 | 2.42 | −0.07 | −2.73% |
| Q3 2022 | 2022-09-30 | 2.32 | −0.17 | −6.90% |
| Q2 2022 | 2022-06-30 | 2.53 | −0.15 | −5.77% |
| Q1 2022 | 2022-03-31 | 2.76 | −0.15 | −5.05% |
| Q4 2021 | 2021-12-31 | 2.49 | −0.57 | −18.74% |
| Q3 2021 | 2021-09-30 | 2.49 | −1.08 | −30.31% |
| Q2 2021 | 2021-06-30 | 2.68 | −1.20 | −30.89% |
| Q1 2021 | 2021-03-31 | 2.91 | −0.84 | −22.34% |
| Q4 2020 | 2020-12-31 | 3.06 | −0.23 | −7.04% |
| Q3 2020 | 2020-09-30 | 3.57 | 0.36 | +11.16% |
| Q2 2020 | 2020-06-30 | 3.88 | 0.86 | +28.45% |
| Q1 2020 | 2020-03-31 | 3.75 | 0.88 | +30.84% |
| Q4 2019 | 2019-12-31 | 3.29 | 0.59 | +21.69% |
| Q3 2019 | 2019-09-30 | 3.22 | 0.74 | +29.97% |
| Q2 2019 | 2019-06-30 | 3.02 | 0.59 | +24.42% |
| Q1 2019 | 2019-03-31 | 2.86 | 0.57 | +24.77% |
| Q4 2018 | 2018-12-31 | 2.70 | 0.50 | +22.66% |
| Q3 2018 | 2018-09-30 | 2.47 | 0.01 | +0.59% |
| Q2 2018 | 2018-06-30 | 2.43 | −0.13 | −4.99% |
| Q1 2018 | 2018-03-31 | 2.29 | −0.27 | −10.39% |
| Q4 2017 | 2017-12-31 | 2.20 | −0.42 | −15.85% |
| Q3 2017 | 2017-09-30 | 2.46 | −0.17 | −6.56% |
| Q2 2017 | 2017-06-30 | 2.56 | −0.20 | −7.10% |
| Q1 2017 | 2017-03-31 | 2.56 | −0.18 | −6.46% |
| Q4 2016 | 2016-12-31 | 2.62 | −0.15 | −5.38% |
| Q3 2016 | 2016-09-30 | 2.63 | −0.16 | −5.74% |
| Q2 2016 | 2016-06-30 | 2.75 | 0.03 | +0.94% |
| Q1 2016 | 2016-03-31 | 2.74 | 0.14 | +5.40% |
| Q4 2015 | 2015-12-31 | 2.77 | 0.17 | +6.48% |
| Q3 2015 | 2015-09-30 | 2.79 | 0.52 | +22.81% |
| Q2 2015 | 2015-06-30 | 2.73 | 0.33 | +13.57% |
| Q1 2015 | 2015-03-31 | 2.60 | 0.26 | +10.90% |
| Q4 2014 | 2014-12-31 | 2.60 | 0.39 | +17.73% |
| Q3 2014 | 2014-09-30 | 2.27 | −0.16 | −6.76% |
| Q2 2014 | 2014-06-30 | 2.40 | −0.13 | −5.10% |
| Q1 2014 | 2014-03-31 | 2.34 | −0.24 | −9.18% |
| Q4 2013 | 2013-12-31 | 2.21 | −0.40 | −15.17% |
| Q3 2013 | 2013-09-30 | 2.44 | −0.19 | −7.31% |
| Q2 2013 | 2013-06-30 | 2.53 | −0.18 | −6.50% |
| Q1 2013 | 2013-03-31 | 2.58 | −0.04 | −1.57% |
| Q4 2012 | 2012-12-31 | 2.60 | 0.04 | +1.49% |
| Q3 2012 | 2012-09-30 | 2.63 | 0.43 | +19.38% |
| Q2 2012 | 2012-06-30 | 2.71 | 0.48 | +21.79% |
| Q1 2012 | 2012-03-31 | 2.62 | 0.99 | +61.19% |
| Q4 2011 | 2011-12-31 | 2.57 | 0.61 | +31.17% |
| Q3 2011 | 2011-09-30 | 2.20 | 0.74 | +50.20% |
| Q2 2011 | 2011-06-30 | 2.22 | 0.70 | +46.04% |
| Q1 2011 | 2011-03-31 | 1.63 | — | — |
| Q4 2010 | 2010-12-31 | 1.96 | 0.37 | +23.24% |
| Q3 2010 | 2010-09-30 | 1.47 | — | — |
| Q2 2010 | 2010-06-30 | 1.52 | — | — |
| Q4 2009 | 2009-12-31 | 1.59 | — | — |
Ryder System debt-to-equity ratio trends
Over the last five fiscal years, Ryder System's debt-to-equity ratio decreased from 3.06 to 2.86, a change of −0.20. The latest reported quarter, Q2 2026, shows 2.94.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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