For the year ending 2025-12-31, R had $44M increase in cash & cash equivalents over the period. $459M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Earnings from continuing operations | 501 |
| Depreciation expense | 1,703 |
| Gains on vehicle sales, net | 69 |
| Losses from valuation adjustments | -47 |
| Used vehicle sales, net | 22 |
| Currency translation adjustment loss | 0 |
| Amortization expense and other non-cash charges, net | 156 |
| Operating lease right-of-use asset amortization expense | 381 |
| Non-operating pension costs, net and share-based compensation expense | 75 |
| Deferred income taxes | 130 |
| Collections on sales-type leases | 166 |
| Receivables | 33 |
| Prepaid expenses and other assets | -53 |
| Accounts payable | -63 |
| Accrued expenses and other liabilities | -453 |
| Net cash provided by operating activities from continuing operations | 2,594 |
| Purchases of property and revenue earning equipment | 2,135 |
| Sales of revenue earning equipment | 468 |
| Sales of operating property and equipment | 18 |
| Acquisitions, net of cash acquired | 1 |
| Other investing activities, net | 0 |
| Net cash used in investing activities from continuing operations | -1,650 |
| Net (repayments) borrowings of commercial paper and other | -3 |
| Debt proceeds | 892 |
| Debt repayments | 1,119 |
| Dividends on common stock | 145 |
| Common stock issued, net of tax withholdings on vested stock awards | -12 |
| Common stock repurchased | 519 |
| Other financing activities | -6 |
| Net cash (used in) provided by financing activities from continuing operations | -912 |
| Effect of exchange rate changes on cash and cash equivalents | 13 |
| Increase (decrease) in cash and cash equivalents from continuing operations | 45 |
| Net cash used by operating activities from discontinued operations | -1 |
| Increase (decrease) in cash and cash equivalents | 44 |
| Cash and cash equivalents at beginning of period | 154 |
| Cash and cash equivalents at end of period | 198 |
RYDER SYSTEM INC (R)
RYDER SYSTEM INC (R)