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Ryder SystemSTU:RYD -0.89%82 Beneish M-Score is -2.96 as of Aug. 01, 2026. GuruFocus rates STU:RYD with a GF Score™ of 82/100 and a GF Value™ of €149.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,020 Business Services companies, Ryder System ranks better than 78.53% on this metric.
The zones of discrimination for M-Score is as such:
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Good Sign:
Beneish M-Score -2.96 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Ryder System's Beneish M-Score or its related term are showing as below:
STU:RYD'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.35 Med: -2.9 Max: -2.56
Current: -2.96
During the past 13 years, the highest Beneish M-Score of Ryder System was -2.56. The lowest was -3.35. And the median was -2.90.
The historical data trend for Ryder System's Beneish M-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:RYD vs UHAL, GATX, CAR: Beneish M-Score Comparison
For the Rental & Leasing Services subindustry, Ryder System's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ryder System Beneish M-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Ryder System's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Ryder System's Beneish M-Score falls into.
The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.
The M-Score Variables:
The M-score of Ryder System for today is based on a combination of the following eight different indices:
M
=
-4.84
+
0.92 * DSRI
+
0.528 * GMI
+
0.404 * AQI
+
0.892 * SGI
+
0.115 * DEPI
=
-4.84
+
0.92 * 1.1323
+
0.528 * 1.0153
+
0.404 * 1.0195
+
0.892 * 0.9529
+
0.115 * 1.0012
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 1.002
+
4.679 * -0.119518
-
0.327 * 0.982
=
-2.94
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.
DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.
DEPI
=
(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))
/
(Depreciation_t / (Depreciaton_t + PPE_t))
=
(2032.259 / (2032.259 + 9703.464))
/
(1927.513 / (1927.513 + 9216.424))
=
0.173169
/
0.172965
=
1.0012
Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.
6. SGAI = Sales, General and Administrative expenses Index
Total accruals calculated as the change in working capital accounts other than cash less depreciation.
TATA
=
(IncomefromContinuingOperations_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(NetIncome_t - NonOperatingIncome_t
-
CashFlowsfromOperations_t)
/
TotalAssets_t
=
(426.193 - -12.869
-
2108.161)
/
13965.252
=
-0.119518
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Ryder System has a M-score of -2.94 suggests that the company is unlikely to be a manipulator.
Ryder System (STU:RYD) has a Beneish M-Score of -2.96 as of Aug. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ryder System and its competitors. According to the industry distribution chart, Ryder System ranks #219 out of 1020 companies in the Business Services industry, placing it in the top 21.5%.
Is Ryder System's Beneish M-Score too high?
Ryder System's current Beneish M-Score is -2.96. Based on the distribution chart, Ryder System ranks #219 out of 1020 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ryder System has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ryder System's Beneish M-Score compare to UHAL and GATX?
According to the Business Services industry distribution chart, Ryder System ranks #219 out of 1020 companies for Beneish M-Score. This places Ryder System in the top 22% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Business Services company?
A good Beneish M-Score depends on the Business Services industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ryder System and its competitors. Ryder System's current Beneish M-Score is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryder System stock overvalued right now?
Based on GuruFocus' analysis, Ryder System (STU:RYD) is currently considered Significantly Overvalued. The stock's GF Value™ is €149.74, compared to a current price of €222.00 — trading 48.3% above its estimated fair value. The current Beneish M-Score is -2.96. Ryder System's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Ryder System (STU:RYD), the current Beneish M-Score is -2.96 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ryder System (STU:RYD) Overvalued in 2026?
Based on GuruFocus' analysis, Ryder System stock appears to be overvalued.
The current stock price of €222.00 is trading 48.3% above its estimated GF Value™ of €149.74.
GuruFocus considers Ryder System to be Significantly Overvalued.
Key valuation signals for STU:RYD:
Beneish M-Score: -2.96
GF Value™: €149.74 vs. price of €222.00 (48.3% above fair value)
No single metric tells the full story. See the STU:RYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.
82GF Score
Get the complete analysis for STU:RYD
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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