RYDER SYSTEM INC - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - July 26, 2017

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EX-32 - EXHIBIT 32 - RYDER SYSTEM INCryderex32-q22017.htm
EX-31.2 - EXHIBIT 31.2 - RYDER SYSTEM INCryderex312-q22017.htm
EX-31.1 - EXHIBIT 31.1 - RYDER SYSTEM INCryderex311-q22017.htm
10-Q - 10-Q - RYDER SYSTEM INCryder2ndquarter201710-q.htm


EXHIBIT 12.1
Ryder System, Inc. and Subsidiaries
Ratio of Earnings to Fixed Charges
Continuing Operations
(Dollars in thousands)
 
 
For the six months ended June 30, 2017
 
 
 
 
EARNINGS:
 
 
Earnings before income taxes
 
140,648

Fixed charges
 
90,779

Add: Amortization of capitalized interest
 
290

Less: Interest capitalized
 
—

Earnings available for fixed charges (A)
 
231,717

 
 
 
FIXED CHARGES:
 
 
Interest and other financial charges
 
69,738

Portion of rents representing interest expense
 
21,041

Total fixed charges (B)
 
90,779

 
 
 
RATIO OF EARNINGS TO FIXED CHARGES (A) / (B)
 
2.55x

 
 
 




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