Ryder System Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Ryder System Inc (R) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Ryder System Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 12,818M vs 194,802M combined for tracked competitors (6.2% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+4.4% annualized vs trailing 12 months), vs accelerating (+3.9%) for its tracked peer group.
- Growth: Ryder System Inc generated 5.0% revenue growth year over year in Q2 2026, vs 9.5% for its tracked competitors combined.
- Profitability: Its 4.0% net margin compares with 5.2% for the peer group.
- Scale: Ryder System Inc ranks #6 of 26 companies by market capitalization in the Rental & Leasing industry, holding 5.3% of industry market cap.
- Peer revenue share: Ryder System Inc accounted for 6.2% of combined revenue among its tracked peer group, down from 6.5% a year earlier.
- Peer differentiation: Revenue per employee of $0.25M compares with $0.21M for the peer group (1.2x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
R Sales vs. its Competitors, Q2 2026
Ryder System Inc reported revenue growth of 4.95 % year on year in Q2 2026, below its competitors' combined revenue growth of 9.52 %.
With a net margin of 3.97 %, Ryder System Inc reported lower profitability than its competitors (5.21 %).
Ryder System Inc generated 6.21 % of the combined sales of its peer group, down from 6.46 % a year earlier.
Ryder System Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Ryder System Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Ryder System Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Ryder System Inc's competitor groups requires a Commercial License.
For context: the Rental & Leasing industry grew revenue 10.3% year over year, combined, vs 5.0% for Ryder System Inc. Ryder System Inc's share of combined industry revenue moved from 9.89% to 9.40%, a loss of 0.48 percentage points.
Ryder System Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Ryder System Inc | Yes | Yes | No | No |
| Competitors combined (8) | ||||
| High-Confidence Competitors (2) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
R Stock Performance relative to its Competitors
R Stock Performance relative to High-Confidence Competitors
R Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Marinemax Inc | 282.9% | Outperformed |
| 2 | Fedex Corporation | 282.9% | Outperformed |
| 3 | Ituran Location And Control Ltd | 282.9% | Outperformed |
| 4 | Pitney Bowes Inc | 282.9% | Outperformed |
| 5 | United Parcel Service Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Ryder System Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Ryder System Inc's Comment on Competition and Industry Peers
As an alternative to using our fleet management services, most companies choose
to provide these services for themselves, although some may choose to obtain
similar or alternative services from other third-party vendors.
Our FMS business segment competes with companies providing similar services
on a national, regional and local level. Many regional and local competitors
provide services on a national level through their participation in various
cooperative programs. Competitive factors include price, equipment, maintenance,
service and geographic coverage. We compete with finance lessors and also with
truck and trailer manufacturers and independent dealers who provide full service
lease products, finance leases, extended warranty maintenance, rental and other
transportation services. With the growth of our on-demand maintenance product,
we will also face competition from managed maintenance providers who are hired
to coordinate and manage the maintenance of large fleets of vehicles through
a network of third-party maintenance providers. Value-added differentiation
of the full service leasing, maintenance and commercial rental service, as well
as continued commitment to offer innovative products and solutions, such as
natural gas vehicles, has been and will continue to be our emphasis.
As an alternative to using our services, most companies choose to internally
manage their own supply chains and logistics operations, although some may choose
to obtain similar or alternative services from other third-party vendors.
In the SCS business segment, we compete with a large number of companies providing
similar services, each of which has a different set of core competencies. We
compete with a handful of large, multi-service companies across all of our service
offerings and industries. We also compete against other companies on specific
service offerings (for example, in transportation management, distribution management
or dedicated services) or in a specific industry. We face different competitors
in each country or region where they may have a greater operational presence.
Competitive factors include price, service, market knowledge, expertise in logistics-related
technology and overall performance (e.g. timeliness, accuracy, and flexibility).
Publicly Traded Peers of Ryder System Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Ryder System Inc | 8,912.82 | 12,818.00 |
| United Parcel Service Inc | 80,393.97 | 89,930.00 |
| Fedex Corporation | 69,130.75 | 94,720.00 |
| U haul Holding Company | 11,875.58 | 6,089.38 |
| Avis Budget Group Inc | 3,711.09 | 11,752.00 |
| Pitney Bowes Inc | 2,286.56 | 1,866.21 |
| SUBTOTAL | 179,072.28 | 228,426.07 |
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Sources: Ryder System Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Ryder System Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Ryder System Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Gxo Logistics Inc | Named by the company | 85% |
| Workhorse Group Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Ryder System Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Ryder System Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Ryder System Inc | Fleet Management Solutions 46.61 % |
| United Parcel Service Inc | U.S. Domestic Package 66.62 % |
| Fedex Corporation | Federal Express 86.86 % |
| U haul Holding Company | Moving and Storage Consolidations 94.18 % |
| Avis Budget Group Inc | Americas 76.74 % |
| Pitney Bowes Inc | SendTech Solutions 65.76 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Ryder System Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Ryder System Inc | 8,913 | 248,411 | 9,612 |
| United Parcel Service Inc | 80,394 | 195,500 | 9,935 |
| Fedex Corporation | 69,131 | 209,558 | 9,801 |
| U haul Holding Company | 11,876 | 178,052 | 11,389 |
| Avis Budget Group Inc | 3,711 | 470,080 | -29,000 |
| Pitney Bowes Inc | 2,287 | 282,759 | 28,386 |
| PEERS TOTAL | 170,159 | 213,452 | 8,729 |
Ryder System Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Ryder System Inc | United States 92.53 % |
| Fedex Corporation | United States 71.73 % |
| U haul Holding Company | US 94.72 % |
| Avis Budget Group Inc | Americas 76.74 % |
| Ituran Location And Control Ltd | IL 54.62 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Ryder System Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 23 companies in Ryder System Inc's industry classification, broader than the peer set above. Market cap in millions of $.Ryder System Inc ranks #6 of 23 companies by market capitalization in its industry, holding 5.26 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,965, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | United Rentals Inc | 65,132 | 38.46 % |
| 2 | Aercap Holdings n v | 25,752 | 15.21 % |
| 3 | Ftai Aviation Ltd | 18,141 | 10.71 % |
| 4 | U haul Holding Company | 11,876 | 7.01 % |
| 5 | Caris Life Sciences Inc | 1,234 | 5.2% |
| 6 | Ryder System Inc | 8,913 | 5.26 % |
| 7 | Herc Holdings Inc | 1,234 | 5.2% |
| 8 | Firefly Aerospace Inc | 1,234 | 5.2% |
| 9 | Equipmentshare com Inc | 1,234 | 5.2% |
| 10 | Avis Budget Group Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Ryder System Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-29.
Ryder System Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | United Rentals Inc | 65,132 | 9.09 % |
| 2 | Aercap Holdings n v | 25,752 | 18.75 % |
| 3 | Ftai Aviation Ltd | 18,141 | 5.76 % |
| 4 | U haul Holding Company | 11,876 | 7.77 % |
| 5 | Caris Life Sciences Inc | 1,234 | 12.3% |
| 6 | Ryder System Inc | 8,913 | 22.02 % |
| 7 | Herc Holdings Inc | 1,234 | 12.3% |
| 8 | Firefly Aerospace Inc | 1,234 | 12.3% |
| 9 | Equipmentshare com Inc | 1,234 | 12.3% |
| 10 | Avis Budget Group Inc | 1,234 | 12.3% |
| 11 | Willscot Holdings Corporation | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Ryder System Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-29. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Ryder System Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Rental & Leasing industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (46 companies). See the full Rental & Leasing industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 37.46 % | 54.95 % (avg) | -17.5 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 22.97 % | 16.18 % (avg) | +6.8 pp |
| Capital Intensity (Capex / Revenue) | 13.76 % | 6.30 % (avg) | +7.5 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Ryder System Inc's Valuation vs Competitive Position
Valuation multiples vs the Rental & Leasing industry average (46 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Rental & Leasing industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 21.1x | 29.9x | -8.7x |
| EV / EBITDA | 6.6x | 12.4x | -5.8x |
| P/B | 3.4x | 3.1x | +0.3x |
| Return on Equity | 16.70 % | industry aggregate | 9.59 % |
| Return on Invested Capital | - | 10.85 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Ryder System Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 14.73 % | 6.14 % | -5.67 % | 14.76 % | 24.30 % | -1.90 % | 7.24 % | 0.23 % |
| Operating Margin | -6.19 % | 43.66 % | 44.08 % | 43.85 % | 40.65 % | 36.09 % | 32.37 % | 31.99 % |
| Return on Invested Capital | -3.93 % | 27.35 % | 27.27 % | 33.48 % | 35.27 % | 29.28 % | 24.87 % | 24.32 % |
| P/E | 9.9x | - | - | 8.4x | 5.1x | 12.6x | 14.7x | 15.5x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Ryder System Inc's BCG Growth-Share Matrix
Relative market share (vs Ryder System Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Ryder System Inc falls in the Dog quadrant: relative market share of 0.14x vs its largest competitor, in an industry growing revenue 3.5% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: United Rentals Inc alone holds 38% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Ryder System Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 1,965 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 13.76 % vs industry average 6.30 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Ryder System Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Ryder System Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Ryder System Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Ryder System Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Ryder System Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 9.6 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+4.4% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.14x).
Opportunities
No rule matched.
Threats
- Industry dominated by United Rentals Inc , holding 38.46 % of industry market cap.
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Ryder System Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Ryder System Inc | 0.06 | 0.78 | 3.85 |
| United Parcel Service Inc | 0.39 | 1.23 | 1.94 |
| Fedex Corporation | 0.49 | 1.36 | 1.00 |
| U haul Holding Company | 0.67 | 2.82 | 1.44 |
| Avis Budget Group Inc | 0.18 | 0.73 | - |
| Pitney Bowes Inc | 0.19 | 0.71 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Ryder System Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Ryder System Inc | Q2 2026 | +5.0 % | +1.5 % |
| United Parcel Service Inc | Q2 2026 | +7.6 % | -52.9 % |
| Fedex Corporation | Q2 2026 | +12.5 % | -3.3 % |
| U haul Holding Company | Q2 2026 | +3.2 % | -6.6 % |
| Avis Budget Group Inc | Q1 2026 | +4.1 % | - |
| Pitney Bowes Inc | Q2 2026 | -2.3 % | +66.5 % |
| PEERS TOTAL | +9.0 % | +0.7 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Ryder System Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Ryder System Inc | Q2 2026 | +49.9 % | -41.2 % |
| United Parcel Service Inc | Q2 2026 | +113.0 % | -38.3 % |
| Fedex Corporation | Q2 2026 | +264.6 % | +0.1 % |
| U haul Holding Company | Q2 2026 | -1.1 % | -10.3 % |
| Avis Budget Group Inc | Q1 2026 | -37.1 % | - |
| Pitney Bowes Inc | Q2 2026 | +2,435.7 % | +38.5 % |
Ryder System Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Ryder System Inc | 3.04% | 3.11% | 16.70% |
| United Parcel Service Inc | 6.36% | 7.71% | 29.02% |
| Fedex Corporation | 4.79% | 6.76% | 15.11% |
| U haul Holding Company | 1.83% | 1.83% | 5.10% |
| Avis Budget Group Inc | - | - | - |
| Pitney Bowes Inc | 5.95% | 11.74% | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Ryder System Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Ryder System Inc | 18.78 | 0.70 |
| United Parcel Service Inc | 17.57 | 0.89 |
| Fedex Corporation | 17.78 | 0.73 |
| U haul Holding Company | 34.84 | 1.95 |
| Avis Budget Group Inc | - | 0.32 |
| Pitney Bowes Inc | 13.59 | 1.23 |
| PEERS AVERAGE | 19.23 | 0.78 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.