Attached files

file filename
EX-32 - EXHIBIT 32 - RYDER SYSTEM INCryderex32-q12017.htm
EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INCryderex312-q12017.htm
EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INCryderex311-q12017.htm
EX-10.4 (GG) - EXHIBIT 10.4 (GG) - RYDER SYSTEM INCryderex104gg-q12017.htm
EX-10.4 (FF) - EXHIBIT 10.4 (FF) - RYDER SYSTEM INCryderex104ff-q12017.htm
EX-10.4 (EE) - EXHIBIT 10.4 (EE) - RYDER SYSTEM INCryderex104ee-q12017.htm
EX-10.4 (DD) - EXHIBIT 10.4 (DD) - RYDER SYSTEM INCryderex104dd-q12017.htm
EX-10.4 (CC) - EXHIBIT 10.4 (CC) - RYDER SYSTEM INCryderex104cc-q12017.htm
10-Q - 10-Q - RYDER SYSTEM INCryder1stquarter201710-q.htm


EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries
Ratio of Earnings to Fixed Charges
Continuing Operations
(Dollars in thousands)
 
 
For the three months ended March 31, 2017
 
 
 
 
EARNINGS:
 
 
Earnings before income taxes
 
$
59,956

Fixed charges
 
45,715

Add: Amortization of capitalized interest
 
148

Less: Interest capitalized
 

Earnings available for fixed charges (A)
 
$
105,819

 
 
 
FIXED CHARGES:
 
 
Interest and other financial charges
 
$
34,886

Portion of rents representing interest expense
 
10,829

Total fixed charges (B)
 
$
45,715

 
 
 
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B)
 
2.31x