莱德系统 2026年季度报告

(Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” Large accelerated filer☑Accelerated filer☐Non-acceleratedfiler☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ PARTI. FINANCIAL INFORMATION ITEM1.Financial Statements (unaudited) Condensed Consolidated Statements of Cash Flows4 PART I. FINANCIAL INFORMATIONITEM 1. FINANCIAL STATEMENTSRYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EARNINGS RYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY Table of Contents RYDER SYSTEM, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1. ORGANIZATION AND BASIS OF PRESENTATION Interim Financial Statements Ryder System, Inc. (Ryder) is a leading provider of outsourced logistics and transportation services throughout North America. We offerport‑to‑door solutions that include every step of the supply chain, including international inbound flows and cross‑border logistics, fleet andtransportation management, warehousing, manufacturing support and multi-channel final delivery. The accompanying unaudited condensedconsolidated financial statements include the accounts of Ryder, all entities in which Ryder has a controlling voting interest (subsidiaries), and The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the accounting policiesdescribed in our 2025 Annual Report on Form 10-K and should be read in conjunction with the consolidated financial statements and notesthereto. In the opinion of management, all adjustments, including normal recurring accruals, considered necessary for a fair statement havebeen included and the disclosures herein are adequate. The operating results for interim periods are not necessarily indicative of the results that We report our financial performance based on three business segments: (1)Fleet Management Solutions (FMS), which provides full serviceleasing, commercial rental and vehicle maintenance services; (2)Supply Chain Solutions (SCS), which provides fully integrated logisticssolutions; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions, including dedicated vehicles, 2. RECENT ACCOUNTING PRONOUNCEMENTS In November 2024, the FASB issued Accounting Standards Update (ASU) No. 2024-03, Income Statement - Reporting ComprehensiveIncome - Expense Disaggregation Disclosures (Subtopic 220-40). The amendments provide for more detailed disaggregation of expenses. Thestandard is effective for fiscal years beginning in 2027, with early adoption permitted. We are currently evaluating the disclosure impact of the 3. SEGMENT REPORTING Our primary measurement of segment financial performance, defined as segment "Earnings from continuing operations before incometaxes" (EBT), includes an allocation of costs from Central Support Services (CSS) and excludes Non-operating pension costs, net, Intangibleamortization expense, and certain other items. The objective of the EBT measurement is to provide clarity on the profitability of each businesssegment and, ultimately, to hold leadership of each business segment accountable for their allocated share of CSS costs. Certain costs are not RYDER SYSTEM, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued) The following table sets forth financial information for each of our segments and provides a reconciliation between segment EBT andEarnings from continuing operations before income taxes (in millions): (3)Included within "Selling, general and administrative expenses" in our Condensed Consolidated Statements of Earnings.(4)Refer to Note 14, "Employee Benefit Plans," for further discussion. The following tables sets forth depreciation expense and other non-cash charges, net, interest expense and purchase of property andrevenue earning equipment for the three months ended March31, 2026 a