Rush Enterprises, Inc. Class A Common Stock (RUSHA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.85	$0.91	+7.1%	—	$1.9B	—
Q1 26	$0.69	$0.81	+17.4%	—	—	—
Q4 25	$0.82	$0.83	+1.2%	—	—	—
Q3 25	$0.8	$0.9	+12.5%	—	—	—
Q2 25	$0.72	$0.73	+1.4%	—	—	—
Q1 25	$0.84	$0.91	+8.3%	—	—	—
Q4 24	$0.83	$1	+20.5%	—	—	—
Q3 24	$0.77	$0.97	+26.0%	—	—	—
Q2 24	$0.77	$0.88	+14.3%	—	—	—
Q1 24	$0.85	$0.95	+11.8%	—	—	—
Q4 23	$0.91	$0.96	+5.5%	—	—	—
Q3 23	$1.48	$1.75	+18.2%	—	—	—
Q2 23	$1.38	$1.6	+15.9%	—	—	—
Q1 23	$1.49	$1.74	+16.8%	—	—	—
Q4 22	$1.47	$1.59	+8.2%	—	—	—
Q3 22	$1.35	$1.75	+29.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.25	—	—	$7.4B	—
FY24	—	$3.85	—	—	$7.8B	—
FY23	—	$4.28	—	—	$7.9B	—
FY22	—	$4.71	—	—	$7.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$4.2B	$4.7B	$5.5B	$5.8B	$4.7B	$5.1B	$7.1B	$7.9B	$7.8B	$7.4B
YoY change	-15.4%	+11.8%	+16.8%	+5.51%	-18.5%	+8.24%	+38.5%	+11.6%	-1.52%	-4.75%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	4.2B	4.7B	5.5B	5.8B	4.7B	5.1B	7.1B	7.9B	7.8B	7.4B
Cost of revenue	3.5B	3.9B	4.5B	4.8B	3.9B	4B	5.6B	6.3B	6.3B	6B
Gross profit	718M	829.9M	978.3M	1B	875.5M	1.1B	1.5B	1.6B	1.5B	1.5B
Gross margin	17%	17.6%	17.8%	17.7%	18.5%	21.3%	20.9%	20.1%	19.6%	19.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	587.8M	631.1M	705.2M	753.7M	665.3M	731.3M	927.8M	1B	995.6M	996.2M
Operating expenses	587.8M	631.1M	705.2M	753.7M	665.3M	731.3M	927.8M	1B	995.6M	996.2M
Operating income	79M	148.8M	202.6M	216.5M	152.8M	307.6M	503.7M	511.5M	467.3M	393.3M
Operating margin	1.87%	3.16%	3.68%	3.73%	3.23%	6%	7.09%	6.45%	5.99%	5.29%
Non-operating income, net	1.8M	-105K	297K	1.8M	8M	7.8M	24.8M	3.4M	1.4M	-1.2M
Pretax income	66.4M	136.4M	183.2M	189.5M	151.7M	313.7M	509.3M	462.1M	397.8M	345.9M
Income tax	25.9M	-35.7M	44.1M	47.9M	36.8M	72.3M	117.2M	114M	92.8M	79.8M
Net income	40.6M	172.1M	139.1M	141.6M	114.9M	241.4M	392.1M	348.1M	305M	266M
Net margin	0.96%	3.65%	2.53%	2.44%	2.43%	4.71%	5.52%	4.39%	3.91%	3.58%
EBITDA	237.2M	307.7M	389.1M	395.6M	336.9M	484.2M	725.8M	736.1M	705.1M	646.4M
EPS	0.45	1.93	1.58	1.72	1.39	2.88	4.71	4.28	3.85	2.25
Diluted EPS	0.44	1.87	1.53	1.68	1.36	2.78	4.57	4.15	3.72	2.18

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2B	2B	1.9B	2B	1.9B	2B	1.9B	1.9B	1.9B	1.8B	1.7B	1.9B
Cost of revenue	1.6B	1.6B	1.5B	1.6B	1.5B	1.6B	1.5B	1.6B	1.5B	1.4B	1.3B	1.5B
Gross profit	394.4M	386.1M	389.9M	392.4M	379M	370.1M	357.8M	379.7M	374.8M	348.5M	343.8M	361.7M
Gross margin	19.9%	19%	20.8%	19.4%	20%	18.4%	19.3%	19.7%	19.9%	19.7%	20.4%	19%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	257.1M	251.1M	263.7M	251.4M	239.7M	240.8M	248.8M	252M	256.4M	239M	242.6M	245.5M
Operating expenses	257.1M	251.1M	263.7M	251.4M	239.7M	240.8M	248.8M	252M	256.4M	239M	242.6M	245.5M
Operating income	121.4M	119.9M	110.5M	124.5M	120.2M	112.1M	91.7M	110.1M	100.2M	91.4M	82.5M	97.1M
Operating margin	6.13%	5.91%	5.9%	6.14%	6.34%	5.58%	4.95%	5.7%	5.33%	5.16%	4.9%	5.11%
Non-operating income, net	353K	460K	327K	-4K	737K	332K	-272K	-245K	-602K	-124K	-709K	-467K
Pretax income	107.6M	104.8M	92.8M	105.1M	103.2M	96.7M	78.6M	97.1M	87.9M	82.3M	75.4M	92.3M
Income tax	26.9M	26.7M	21.3M	26.3M	23.8M	21.4M	17.9M	24.1M	20.1M	17.6M	13.7M	19.3M
Net income	80.6M	78.1M	71.5M	78.8M	79.4M	75.3M	60.6M	73M	67.7M	64.7M	61.7M	73M
Net margin	4.07%	3.85%	3.82%	3.89%	4.19%	3.75%	3.28%	3.78%	3.6%	3.65%	3.66%	3.84%
EBITDA	178.1M	176.9M	167.5M	182.1M	181.5M	174.1M	152.8M	172.7M	163.6M	157.3M	146.6M	161.8M
EPS	0.99	0.98	0.91	1.01	1	0.94	0.76	0.93	0.57	0.55	0.53	0.62
Diluted EPS	0.96	0.95	0.88	0.97	0.97	0.91	0.73	0.9	0.55	0.54	0.51	0.61

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	—	—	—	—	—	—	5.5B
Enterprise value	—	—	—	—	—	—	—	—	—	—	6.8B
Shares outstanding	89.9M	89.2M	88.3M	82.5M	82.3M	83.8M	83.1M	81.1M	79.1M	117.6M	117.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	—	—	—	—	—	21.7
P/S	—	—	—	—	—	—	—	—	—	—	0.77
P/B	—	—	—	—	—	—	—	—	—	—	2.4
EV/EBITDA	—	—	—	—	—	—	—	—	—	—	10.9
EV/Sales	—	—	—	—	—	—	—	—	—	—	0.95
Earnings yield	—	—	—	—	—	—	—	—	—	—	4.61%
FCF yield	—	—	—	—	—	—	—	—	—	—	5.65%
PEG	—	—	—	—	—	—	—	—	—	—	-0.65

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	17%	17.6%	17.8%	17.7%	18.5%	21.3%	20.9%	20.1%	19.6%	19.6%	19%
Operating margin	1.87%	3.16%	3.68%	3.73%	3.23%	6%	7.09%	6.45%	5.99%	5.29%	5.11%
Net margin	0.96%	3.65%	2.53%	2.44%	2.43%	4.71%	5.52%	4.39%	3.91%	3.58%	3.67%
ROE	4.7%	16.5%	13%	12.2%	9.06%	16.5%	22.2%	18.4%	14.1%	12%	11.8%
ROA	1.56%	5.96%	4.34%	4.16%	3.85%	7.74%	10.3%	7.98%	6.6%	6%	4.95%
ROIC	2.28%	6.23%	5.85%	5.88%	5.32%	9.58%	12.9%	11%	9.77%	8.76%	8.21%
Return on tangible assets	2.13%	7.85%	5.47%	5.26%	5.09%	10.5%	13.1%	9.88%	8.11%	7.5%	7.18%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.12	1.17	1.13	1.14	1.32	1.32	1.31	1.35	1.45	1.4	1.45
Quick ratio	0.27	0.29	0.23	0.26	0.49	0.3	0.31	0.27	0.36	0.37	0.38
Debt / equity	1.55	1.42	1.59	1.53	0.96	0.79	0.81	0.96	0.8	0.65	0.63
Debt / assets	0.51	0.51	0.53	0.52	0.41	0.37	0.38	0.41	0.38	0.33	0.32
Net debt / EBITDA	5.28	4.38	4.01	4.03	2.69	2.07	1.7	2.21	2.14	1.9	1.94
Interest coverage	5.46	11.3	9.7	7.22	16.6	130.2	26.8	9.61	6.52	8.18	11.1
Effective tax rate	38.9%	0%	24.1%	25.3%	24.3%	23%	23%	24.7%	23.3%	23.1%	20.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	46.9	52.9	62.4	70.4	57.5	61.1	85.5	97.7	98.7	63.2	62.1
EPS (basic)	0.45	1.93	1.58	1.72	1.39	2.88	4.71	4.28	3.85	2.25	2.25
EPS (diluted)	0.44	1.87	1.53	1.68	1.36	2.78	4.57	4.15	3.72	2.18	2.21
Book value per share	9.6	11.7	12.1	14.1	15.4	17.5	21.2	23.3	27.3	18.9	20
FCF per share	3.61	-0.64	-0.26	1.55	7.62	3.04	0.62	-0.9	2.36	3.93	2.9
Cash per share	0.91	1.4	1.49	2.2	3.79	1.77	2.42	2.27	2.89	1.81	2.21
Capex per share	2.05	2.31	2.63	3.53	1.58	1.95	2.84	4.52	5.36	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	4.38%	4.37%	4.21%	5.01%	2.75%	3.19%	3.32%	4.63%	5.43%	—	—
Capex / operating cash flow	37.6%	143.2%	122.4%	65.6%	18.4%	36%	83.6%	127.1%	66.6%	—	—
Payout ratio	—	—	6.71%	12.9%	19.6%	17%	11.4%	14.5%	18.2%	21.9%	22.9%
Dividend yield	—	—	—	—	—	—	—	—	—	—	1.18%

Yield

1.18%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.14

ex-dividend Sep 9, 2026

Payout ratio

23%

of earnings

Dividend growth

7 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 9, 2026	$0.14
May 12, 2026	$0.19
Mar 3, 2026	$0.19
Nov 12, 2025	$0.19
Aug 12, 2025	$0.19
May 12, 2025	$0.18
Mar 3, 2025	$0.18
Nov 12, 2024	$0.18

Split history

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2B	$2B	$1.9B	$2B	$1.9B	$2B	$1.9B	$1.9B	$1.9B	$1.8B	$1.7B	$1.9B
YoY change	+6.25%	+7.78%	-2.08%	+1.2%	-4.27%	-0.98%	-1.13%	-4.75%	-0.81%	-11.8%	-9%	-1.61%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	82M	124.5M	131.7M	181.6M	312M	148.1M	201M	183.7M	228.1M	212.6M
Receivables	126.4M	162.5M	160.7M	151.4M	141M	106.5M	180.1M	218.1M	311.3M	238M
Inventory	840.3M	1B	1.3B	1.3B	858.3M	1B	1.4B	1.8B	1.8B	1.5B
Total current assets	1.1B	1.4B	1.7B	1.7B	1.4B	1.3B	1.9B	2.3B	2.4B	2.1B
Property, plant & equipment	758.7M	754.9M	750M	863M	768.5M	794.3M	900.7M	1B	1.1B	1.2B
Goodwill & intangibles	699.1M	698.1M	658.7M	715.3M	726.7M	818.6M	832.7M	841.4M	855M	883.2M
Total assets	2.6B	2.9B	3.2B	3.4B	3B	3.1B	3.8B	4.4B	4.6B	4.4B
Accounts payable	97.8M	107.9M	127.5M	133.7M	110.7M	122.3M	171.7M	162.1M	244M	230.8M
Short-term debt	792.1M	940.8M	1.2B	1.2B	690M	669.5M	977.4M	1.2B	1.1B	971.9M
Total current liabilities	993.1M	1.2B	1.5B	1.5B	1B	1B	1.4B	1.7B	1.7B	1.5B
Long-term debt	542.5M	532.4M	488.7M	555.4M	529.9M	482.7M	457.9M	616.1M	598.5M	470.6M
Total liabilities	1.7B	1.8B	2.1B	2.2B	1.7B	1.7B	2.1B	2.5B	2.5B	2.2B
Shareholders' equity	862.8M	1B	1.1B	1.2B	1.3B	1.5B	1.8B	1.9B	2.2B	2.2B
Total debt	1.3B	1.5B	1.7B	1.8B	1.2B	1.2B	1.4B	1.8B	1.7B	1.4B
Net debt	1.3B	1.3B	1.6B	1.6B	907.9M	1B	1.2B	1.6B	1.5B	1.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	192M	183.7M	155.9M	167.3M	185.1M	228.1M	228.7M	211.1M	242M	212.6M	239.7M	264.9M
Receivables	263.5M	218.1M	303.4M	286.8M	282.6M	311.3M	295M	310.5M	268.2M	238M	271.4M	304.7M
Inventory	1.7B	1.8B	2B	1.9B	2B	1.8B	1.9B	1.8B	1.7B	1.5B	1.6B	1.7B
Total current assets	2.1B	2.3B	2.5B	2.4B	2.5B	2.4B	2.4B	2.4B	2.2B	2.1B	2.2B	2.3B
Property, plant & equipment	1.6B	1B	1.6B	1.6B	1.7B	1.1B	1.8B	1.8B	1.8B	1.2B	1.8B	1.8B
Goodwill & intangibles	832.8M	841.4M	839.5M	838.6M	860M	855M	855M	883.9M	881.5M	883.2M	881.6M	937.9M
Total assets	4.2B	4.4B	4.6B	4.5B	4.6B	4.6B	4.7B	4.7B	4.6B	4.4B	4.5B	4.7B
Accounts payable	177.1M	162.1M	181.1M	166.6M	173.8M	244M	319.4M	297.4M	280.6M	230.8M	320.1M	299.1M
Short-term debt	1.3B	1.2B	1.3B	1.3B	1.3B	1.1B	1.1B	1.1B	1.1B	971.9M	971.2M	1B
Total current liabilities	1.7B	1.7B	1.8B	1.7B	1.8B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.6B
Long-term debt	399.5M	616.1M	728.4M	595.2M	593.2M	598.5M	594.4M	610.1M	460.7M	470.6M	464.5M	472.1M
Total liabilities	2.3B	2.5B	2.7B	2.5B	2.5B	2.5B	2.5B	2.5B	2.3B	2.2B	2.2B	2.3B
Shareholders' equity	1.9B	1.9B	2B	2B	2.1B	2.2B	2.2B	2.2B	2.2B	2.2B	2.3B	2.4B
Total debt	1.7B	1.8B	2B	1.9B	1.9B	1.7B	1.7B	1.8B	1.5B	1.4B	1.4B	1.5B
Net debt	1.5B	1.6B	1.9B	1.7B	1.7B	1.5B	1.5B	1.5B	1.3B	1.2B	1.2B	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	40.6M	172.1M	139.1M	141.6M	114.9M	241.4M	392.1M	348.1M	305M	266M
Depreciation & amortization	157.6M	158M	185.1M	175.5M	177.3M	169.5M	199.1M	221.1M	236.1M	252.8M
Stock-based compensation	12.9M	15.6M	18.1M	19M	19.4M	22.2M	25.3M	30.4M	30.4M	31.7M
Change in working capital	271M	-139.6M	-158.8M	83.7M	441.1M	13.8M	-333.6M	-317.8M	45M	303.6M
Operating cash flow	490.4M	143.9M	189.4M	444.2M	710M	455.4M	282.2M	288.5M	635.8M	861.8M
Capital expenditure	-184.5M	-205.9M	-231.9M	-291.2M	-130.4M	-163.7M	-235.9M	-366.7M	-423.6M	—
Investing cash flow	-189.4M	-206.6M	-227.2M	-320.5M	-127.5M	-432.9M	-240.9M	-387M	-445.6M	-25.2M
Dividends paid	—	—	-9.3M	-18.3M	-22.5M	-41.1M	-44.6M	-50.6M	-55.5M	-58.3M
Share repurchases	-43.5M	-33.8M	-120.6M	-58.2M	-24.9M	-33.6M	-93.7M	-211.8M	-15.7M	-194.9M
Financing cash flow	-534.6M	185.3M	15.1M	-194.2M	-528.6M	-171.7M	-13.9M	55.9M	-154.7M	-476.7M
Net change in cash	-233.6M	122.6M	-22.7M	-70.5M	54M	-149.2M	27.3M	-42.6M	35.5M	360M
Free cash flow	324.2M	-57.2M	-22.9M	127.8M	626.8M	255.2M	51.3M	-73.2M	186.5M	462M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	80.6M	78.1M	71.5M	78.8M	79.4M	75.3M	60.6M	73M	67.7M	64.7M	61.7M	73M
Depreciation & amortization	56.6M	56M	56.8M	57.5M	61.1M	60.6M	61.5M	63M	63.9M	64.5M	64.6M	65.2M
Stock-based compensation	6.3M	5.1M	14.1M	5.5M	5.3M	5.5M	13.7M	8.3M	4.8M	4.9M	14.5M	6.8M
Change in working capital	-52.9M	-72.6M	-265.7M	123M	-42.5M	230.2M	36.1M	65M	216.2M	-13.8M	-51.6M	-55.6M
Operating cash flow	91M	70.7M	-123.4M	266.1M	112.8M	380.3M	173.7M	207.2M	367.8M	112.9M	60.4M	133.3M
Capital expenditure	-102.3M	-79.5M	-76.1M	-93.3M	-125.8M	-128.5M	-104.1M	-111M	—	—	—	—
Investing cash flow	-102M	-96.1M	-69.2M	-91.9M	-144.7M	-139.7M	-96.5M	-111.6M	-1.6M	-6.4M	4.9M	95K
Dividends paid	-13.6M	-13.5M	-13.9M	-13.4M	-14M	-14.3M	-14.4M	-14.5M	-14.8M	-14.6M	-15.3M	-15.2M
Share repurchases	-43.2M	-104.7M	-5.6M	-3.9M	-267K	-5.9M	-29.6M	-87.4M	-7.4M	-70.5M	0	-5.4M
Financing cash flow	191.1M	-226K	187.1M	-169.4M	130.4M	-160.1M	-62.6M	-123.6M	-245.9M	12.4M	11.4M	20.6M
Net change in cash	180.1M	-25.6M	-5.5M	4.7M	98.5M	80.5M	14.6M	-28M	120.3M	118.8M	76.7M	154M
Free cash flow	-6M	4.9M	-234.2M	177.2M	-20M	263.5M	45.1M	113.8M	271.2M	31.9M	-5.6M	51M

Date	Ratio
Sep 1, 2026	3:2
Aug 11, 2026	3:2
Aug 29, 2023	3:2
Oct 13, 2020	3:2
Oct 11, 2007	3:2

Rush Enterprises, Inc. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement