Rush Enterprises, Inc. (RUSHB) Income Statement Analysis

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Complete financial analysis of Rush Enterprises, Inc. (RUSHB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rush Enterprises, Inc., a leading company in the Auto – Dealerships industry within the Consumer Cyclical sector.

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Rush Enterprises, Inc. (RUSHB)

Industry: Auto - Dealerships

Sector: Consumer Cyclical

Website: https://www.rushenterprises.com

About Rush Enterprises, Inc.

Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, or Blue Bird. The company also provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers. In addition, it provides equipment installation and repair, parts installation, and paint and body repair services; new vehicle pre-delivery inspection, truck modification, and natural gas fuel system installation services; body, chassis upfitting, and component installation services, as well as sells tires for use on commercial vehicles, new and used trailers, and vehicle telematics products; and manufactures compressed natural gas fuel systems and related component parts for commercial vehicles. The company serves regional and national fleets, corporations, local and state governments, and owner operators. It operates a network of centers located in the states of Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, and Virginia. Rush Enterprises, Inc. was incorporated in 1965 and is headquartered in New Braunfels, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue	7.93B	7.10B	5.13B	4.74B	5.81B	5.51B	4.71B	4.21B	4.98B	4.73B	3.38B	3.09B	2.58B	1.50B	1.24B	1.65B	2.03B	2.35B	1.86B	1.09B	815.33M	757.15M	784.28M	897.43M	808.36M	612.80M	399.40M	343.70M	268.50M	201.30M
Cost of Revenue	6.33B	5.61B	4.03B	3.86B	4.78B	4.53B	3.88B	3.50B	4.19B	3.97B	2.81B	2.59B	2.16B	1.21B	1.01B	1.36B	1.68B	2.00B	1.58B	909.84M	662.08M	615.94M	634.98M	738.39M	671.35M	508.20M	334.60M	289.10M	225.30M	168.30M
Gross Profit	1.59B	1.49B	1.09B	875.47M	1.03B	978.27M	829.94M	718.01M	784.95M	756.05M	572.01M	500.77M	423.28M	284.89M	225.09M	296.71M	352.07M	352.67M	282.69M	185.14M	153.25M	141.21M	149.30M	159.04M	137.01M	104.60M	64.80M	54.60M	43.20M	33.00M
Gross Profit Ratio	20.10%	20.94%	21.31%	18.49%	17.65%	17.77%	17.61%	17.04%	15.76%	15.99%	16.90%	16.20%	16.40%	19.02%	18.16%	17.93%	17.34%	15.00%	15.16%	16.91%	18.80%	18.65%	19.04%	17.72%	16.95%	17.07%	16.22%	15.89%	16.09%	16.39%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	1.02B	919.14M	723.84M	657.36M	742.25M	705.23M	621.55M	580.98M	610.47M	564.97M	443.54M	357.33M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	25.80M
Selling & Marketing	4.02M	8.70M	7.50M	7.90M	11.50M	10.40M	9.50M	6.80M	8.80M	8.70M	6.80M	4.40M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	1.02B	927.84M	731.34M	665.26M	753.75M	705.23M	631.05M	587.78M	619.27M	573.67M	450.34M	361.73M	306.27M	227.47M	199.50M	228.06M	240.66M	230.06M	188.67M	141.95M	124.21M	111.72M	121.63M	123.85M	93.50M	75.80M	50.60M	40.60M	31.90M	25.80M
Other Expenses	58.99M	55.67M	53.35M	57.46M	55.37M	70.49M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.60M
Operating Expenses	1.02B	983.50M	784.69M	722.71M	809.12M	775.72M	681.12M	639.04M	663.13M	614.46M	480.27M	386.74M	325.52M	243.22M	216.10M	243.94M	255.60M	242.95M	199.15M	151.07M	133.14M	120.32M	133.28M	137.43M	101.88M	80.60M	53.60M	43.00M	33.80M	27.40M
Cost & Expenses	7.41B	6.60B	4.82B	4.58B	5.59B	5.30B	4.57B	4.14B	4.86B	4.59B	3.29B	2.98B	2.48B	1.46B	1.23B	1.60B	1.93B	2.24B	1.78B	1.06B	795.22M	736.26M	768.26M	875.82M	773.23M	588.80M	388.20M	332.10M	259.10M	195.70M
Interest Income	777.00K	639.00K	657.00K	713.00K	1.68M	1.38M	891.00K	621.00K	490.00K	239.00K	41.00K	21.00K	20.00K	127.00K	54.00K	2.64M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	53.69M	19.12M	1.77M	9.01M	28.81M	19.68M	12.31M	14.28M	13.47M	11.20M	10.69M	13.02M	7.16M	5.36M	6.10M	7.83M	14.91M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.20M
Depreciation & Amortization	221.14M	199.15M	169.50M	177.35M	175.48M	185.12M	157.95M	157.63M	43.86M	40.79M	29.93M	25.02M	20.08M	15.72M	16.44M	38.51M	35.80M	27.07M	21.01M	15.92M	15.54M	15.85M	16.16M	13.58M	8.38M	4.80M	3.00M	2.40M	1.90M	1.60M
EBITDA	736.90M	702.81M	477.10M	330.10M	391.99M	389.35M	306.77M	244.85M	263.45M	264.84M	182.24M	187.51M	154.29M	87.71M	50.07M	94.06M	132.27M	136.80M	104.55M	50.00M	35.66M	36.74M	32.17M	35.19M	43.51M	28.80M	14.20M	14.00M	11.30M	3.10M
EBITDA Ratio	9.30%	8.19%	7.17%	4.57%	4.71%	4.96%	4.22%	3.09%	3.33%	3.86%	3.59%	4.50%	4.57%	3.83%	2.08%	5.51%	6.50%	5.82%	5.58%	4.51%	4.13%	4.83%	4.08%	3.92%	5.38%	4.54%	3.25%	3.75%	4.21%	1.54%
Operating Income	512.38M	506.11M	309.04M	154.61M	216.41M	202.85M	148.71M	80.73M	121.28M	141.74M	91.75M	114.20M	97.34M	41.67M	9.32M	52.78M	96.47M	109.72M	83.54M	34.08M	20.11M	20.89M	16.02M	21.61M	35.13M	24.00M	11.20M	11.60M	9.40M	1.50M
Operating Income Ratio	6.47%	7.13%	6.03%	3.26%	3.72%	3.68%	3.15%	1.92%	2.44%	3.00%	2.71%	3.70%	3.77%	2.78%	0.75%	3.19%	4.75%	4.67%	4.48%	3.11%	2.47%	2.76%	2.04%	2.41%	4.35%	3.92%	2.80%	3.38%	3.50%	0.75%
Total Other Income/Expenses	-50.32M	3.21M	4.65M	-2.88M	-26.88M	-19.68M	-12.31M	-14.28M	-13.47M	-11.20M	-10.69M	-13.02M	-7.16M	-5.36M	-6.10M	-7.69M	-14.67M	-15.66M	-12.40M	-5.33M	-4.36M	-6.34M	-10.58M	-15.55M	-8.19M	-6.00M	-2.50M	-3.10M	0.00	1.90M
Income Before Tax	462.06M	509.33M	313.68M	151.72M	189.52M	183.17M	136.40M	66.45M	107.80M	130.54M	81.06M	101.18M	90.18M	36.30M	3.22M	45.09M	81.80M	94.06M	71.14M	28.75M	15.75M	14.55M	5.44M	5.54M	26.94M	18.00M	8.70M	8.50M	0.00	3.40M
Income Before Tax Ratio	5.83%	7.17%	6.12%	3.20%	3.26%	3.33%	2.89%	1.58%	2.16%	2.76%	2.39%	3.27%	3.49%	2.42%	0.26%	2.72%	4.03%	4.00%	3.81%	2.63%	1.93%	1.92%	0.69%	0.62%	3.33%	2.94%	2.18%	2.47%	0.00%	1.69%
Income Tax Expense	114.00M	117.24M	72.27M	36.84M	47.94M	44.11M	-35.73M	25.87M	41.75M	50.59M	31.84M	38.73M	34.96M	11.74M	-2.67M	16.22M	30.31M	35.27M	26.51M	11.57M	6.30M	5.82M	2.17M	2.22M	10.78M	7.20M	3.30M	2.30M	1.40M	-2.20M
Net Income	347.06M	391.38M	241.42M	114.89M	141.58M	139.06M	172.13M	40.58M	66.05M	79.96M	49.22M	62.46M	55.21M	31.28M	5.88M	28.87M	51.49M	58.79M	44.63M	16.92M	8.83M	-1.74M	3.26M	3.33M	16.17M	10.80M	5.40M	6.20M	8.00M	5.60M
Net Income Ratio	4.38%	5.51%	4.71%	2.43%	2.44%	2.53%	3.65%	0.96%	1.33%	1.69%	1.45%	2.02%	2.14%	2.09%	0.47%	1.74%	2.54%	2.50%	2.39%	1.54%	1.08%	-0.23%	0.42%	0.37%	2.00%	1.76%	1.35%	1.80%	2.98%	2.78%
EPS	4.28	4.71	2.88	1.40	1.72	2.30	1.93	0.45	0.73	0.89	0.56	0.72	0.65	0.37	0.07	0.34	0.60	0.70	0.55	0.32	0.19	-0.02	0.07	0.07	0.71	0.48	0.24	0.33	0.55	0.43
EPS Diluted	4.15	4.57	2.78	1.36	1.67	2.30	1.87	0.44	0.72	0.87	0.54	0.70	0.63	0.36	0.07	0.33	0.59	0.69	0.53	0.30	0.17	-0.02	0.07	0.07	0.69	0.48	0.24	0.33	0.55	0.43
Weighted Avg Shares Out	81.09M	83.10M	83.84M	82.30M	82.48M	60.44M	89.16M	89.86M	90.61M	89.51M	88.66M	86.95M	85.19M	83.94M	83.40M	85.70M	85.63M	84.28M	81.64M	79.36M	71.05M	70.86M	47.87M	46.76M	23.62M	22.41M	22.41M	18.84M	14.51M	12.90M
Weighted Avg Shares Out (Dil)	83.72M	85.73M	86.82M	84.36M	84.53M	60.44M	92.21M	91.36M	92.46M	92.01M	91.14M	89.30M	87.78M	85.99M	84.59M	86.82M	87.18M	85.21M	84.19M	84.03M	76.02M	73.17M	47.87M	46.76M	23.62M	22.41M	22.41M	18.84M	14.51M	12.90M

Rush Enterprises (RUSHA) Moves to Strong Buy: Rationale Behind the Upgrade

February 21, 2022zacks.com

Rush Enterprises (RUSHA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year-End 2021 Earnings Results

February 2, 2022globenewswire.com

SAN ANTONIO, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the fourth quarter and...

Is Rush Enterprises (RUSHA) a Solid Value Investor Stock?

January 19, 2022zacks.com

Let's see if Rush Enterprises (RUSHA) stock is a good choice for value-oriented investors right now from multiple angles.

Cummins Completes 50 Percent Acquisition of Momentum Fuel Technologies From Rush Enterprises

January 18, 2022businesswire.com

DALLAS & FORT WORTH, Texas & COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins' acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises....

Rush Enterprises pays $205M to add 16 more truck dealerships

December 17, 2021freightwaves.com

Rush Enterprises Inc., already far and away the nation's largest network of new and used commercial truck dealerships, is spending $205 million to acquire 16 more dealerships from Summit Truck Group. It is the biggest acquisition in Rush's 26-year history,...

Rush Enterprises Acquires Certain Assets Of Summit Truck Group

December 15, 2021benzinga.com

Rush Enterprises Inc (NASDAQ: RUSHA) has acquired certain assets of Summit Truck Group, an International brand commercial vehicle dealership group in the U.S, for about $205 million, excluding the real property associated with the transaction. The company expects the acquisition to expand...

Fast-paced Momentum Stock Rush Enterprises (RUSHA) Is Still Trading at a Bargain

December 7, 2021zacks.com

Rush Enterprises (RUSHA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced...

Rush Enterprises Plans $100M Stock Buyback

December 1, 2021benzinga.com

Rush Enterprises Inc (NASDAQ: RUSHA) announced that its Board of Directors approved a new stock repurchase program up to an aggregate of $100 million of its shares. The new stock repurchase program replaces the prior $100 million stock repurchase program.