Rush Enterprises Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Rush Enterprises Inc has an operating margin of 6.0%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 30/100, indicating healthy but not exceptional operating efficiency. This is down from 6.5% the prior year.
Rush Enterprises Inc's revenue declined 1.5% year-over-year, from $7.9B to $7.8B. This contraction results in a growth score of 24/100.
Rush Enterprises Inc carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Rush Enterprises Inc's current ratio of 1.45 indicates adequate short-term liquidity, earning a score of 38/100. The company can meet its near-term obligations, though with limited headroom.
Rush Enterprises Inc's free cash flow margin of 2.4% results in a low score of 12/100. Capital expenditures of $433.0M absorb a large share of operating cash flow.
Rush Enterprises Inc's ROE of 14.2% shows moderate profitability relative to equity, earning a score of 57/100. This is down from 18.6% the prior year.
Rush Enterprises Inc scores 3.93, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Rush Enterprises Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Rush Enterprises Inc generates $2.04 in operating cash flow ($619.5M OCF vs $304.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Rush Enterprises Inc earns $6.5 in operating income for every $1 of interest expense ($468.1M vs $72.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Rush Enterprises Inc (RUSHB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Rush Enterprises Inc generated $7.8B in revenue in fiscal year 2024. This represents a decrease of 1.5% from the prior year.
Rush Enterprises Inc's EBITDA was $704.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.0% from the prior year.
Rush Enterprises Inc generated $186.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 354.9% from the prior year.
Rush Enterprises Inc reported $304.2M in net income in fiscal year 2024. This represents a decrease of 12.4% from the prior year.
Rush Enterprises Inc earned $3.72 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 10.4% from the prior year.
Rush Enterprises Inc held $228.1M in cash against $408.4M in long-term debt as of fiscal year 2024.
Rush Enterprises Inc paid $0.70 per share in dividends in fiscal year 2024. This represents an increase of 12.9% from the prior year.
Rush Enterprises Inc's gross margin was 19.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Rush Enterprises Inc's operating margin was 6.0% in fiscal year 2024, reflecting core business profitability. This is down 0.5 percentage points from the prior year.
Rush Enterprises Inc's net profit margin was 3.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.5 percentage points from the prior year.
Rush Enterprises Inc's ROE was 14.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.4 percentage points from the prior year.
Rush Enterprises Inc spent $15.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 92.6% from the prior year.
Rush Enterprises Inc invested $433.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 17.4% from the prior year.
RUSHB Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B-2.6% | $1.9B+4.3% | $1.9B-7.9% | $2.0B-0.9% | $2.0B+8.3% | $1.9B-7.8% | $2.0B+2.5% | $2.0B |
| Cost of Revenue | $1.5B-2.9% | $1.6B+3.9% | $1.5B-8.9% | $1.6B+0.3% | $1.6B+10.3% | $1.5B-9.8% | $1.6B+3.6% | $1.6B |
| Gross Profit | $374.8M-1.3% | $379.7M+6.1% | $357.8M-3.3% | $370.1M-5.7% | $392.4M+0.6% | $389.9M+1.0% | $386.1M-2.1% | $394.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $256.4M+1.8% | $252.0M+1.3% | $248.8M+3.3% | $240.8M-4.2% | $251.4M-4.7% | $263.7M+5.0% | $251.1M-2.3% | $257.1M |
| Operating Income | $100.0M-9.2% | $110.2M+20.0% | $91.9M-18.2% | $112.2M-9.8% | $124.5M+12.5% | $110.6M-7.9% | $120.1M-1.2% | $121.6M |
| Interest Expense | $12.3M-6.0% | $13.1M+1.8% | $12.9M-20.1% | $16.1M-18.7% | $19.8M+10.2% | $18.0M+10.4% | $16.3M+14.7% | $14.2M |
| Income Tax | $20.1M-16.5% | $24.1M+34.4% | $17.9M-16.2% | $21.4M-18.5% | $26.3M+23.2% | $21.3M-20.2% | $26.7M-0.8% | $26.9M |
| Net Income | $66.7M-7.9% | $72.4M+20.1% | $60.3M-19.3% | $74.8M-5.0% | $78.7M+9.8% | $71.6M-8.3% | $78.0M-2.8% | $80.3M |
| EPS (Diluted) | $0.83-7.8% | $0.90+23.3% | $0.73+100.8% | $-95.13-198.1% | $97.00+10922.7% | $0.88-7.4% | $0.95-1.0% | $0.96 |
RUSHB Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.6B-3.5% | $4.7B+0.6% | $4.7B+1.5% | $4.6B+2.5% | $4.5B-2.6% | $4.6B+6.1% | $4.4B+3.5% | $4.2B |
| Current Assets | $2.2B-7.4% | $2.4B-1.6% | $2.4B+1.9% | $2.4B+0.5% | $2.4B-5.5% | $2.5B+11.4% | $2.3B+5.3% | $2.1B |
| Cash & Equivalents | $242.0M+14.6% | $211.1M-7.7% | $228.7M+0.3% | $228.1M+36.4% | $167.3M+7.3% | $155.9M-15.1% | $183.7M-4.3% | $192.0M |
| Inventory | $1.7B-9.8% | $1.8B-2.3% | $1.9B+5.5% | $1.8B-5.6% | $1.9B-6.8% | $2.0B+12.8% | $1.8B+7.8% | $1.7B |
| Accounts Receivable | $268.2M-13.6% | $310.5M+5.2% | $295.0M-14.6% | $345.3M+20.4% | $286.8M-5.5% | $303.4M+17.0% | $259.4M-1.6% | $263.5M |
| Goodwill | N/A | N/A | N/A | $427.5M | N/A | N/A | $420.7M | N/A |
| Total Liabilities | $2.3B-8.7% | $2.6B+1.6% | $2.5B+1.8% | $2.5B-1.1% | $2.5B-7.1% | $2.7B+8.0% | $2.5B+7.5% | $2.3B |
| Current Liabilities | $1.6B-5.6% | $1.7B+1.4% | $1.7B+2.7% | $1.7B-2.8% | $1.7B-3.4% | $1.8B+5.0% | $1.7B-2.7% | $1.7B |
| Long-Term Debt | $263.0M-36.3% | $412.8M+2.3% | $403.7M-1.2% | $408.4M+3.0% | $396.6M-24.4% | $524.5M+26.7% | $414.0M+104.1% | $202.8M |
| Total Equity | $2.2B+2.8% | $2.2B-0.6% | $2.2B+1.2% | $2.1B+6.9% | $2.0B+3.5% | $1.9B+3.5% | $1.9B-1.5% | $1.9B |
| Retained Earnings | $1.9B+2.9% | $1.8B+3.3% | $1.7B+2.7% | $1.7B+8.0% | $1.6B+4.3% | $1.5B+4.0% | $1.5B+4.6% | $1.4B |
RUSHB Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $367.8M+61.6% | $227.6M+48.3% | $153.5M-60.9% | $392.3M+45.0% | $270.6M+274.5% | -$155.1M-283.2% | $84.7M-12.8% | $97.0M |
| Capital Expenditures | $96.6M-15.2% | $113.9M+5.0% | $108.4M-15.8% | $128.8M+37.9% | $93.4M+18.0% | $79.1M-0.8% | $79.8M-22.6% | $103.1M |
| Free Cash Flow | $271.2M+138.4% | $113.8M+152.2% | $45.1M-82.9% | $263.5M+48.7% | $177.2M+175.7% | -$234.2M-4926.6% | $4.9M+180.4% | -$6.0M |
| Investing Cash Flow | -$98.0M+27.8% | -$135.7M-40.6% | -$96.5M+30.9% | -$139.7M-52.0% | -$91.9M-32.9% | -$69.2M+28.0% | -$96.1M+5.8% | -$102.0M |
| Financing Cash Flow | -$238.7M-117.3% | -$109.8M-94.7% | -$56.4M+73.0% | -$209.2M-25.1% | -$167.3M-185.1% | $196.5M+6202.6% | $3.1M-39.4% | $5.1M |
| Dividends Paid | $14.8M+1.9% | $14.5M+0.8% | $14.4M+0.9% | $14.3M+6.8% | $13.4M-3.6% | $13.9M+2.8% | $13.5M-1.2% | $13.6M |
| Share Buybacks | $7.4M-91.6% | $87.4M+195.0% | $29.6M+399.3% | $5.9M+51.6% | $3.9M-30.4% | $5.6M-94.6% | $104.7M+142.6% | $43.2M |
RUSHB Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.9%+0.3pp | 19.7%+0.3pp | 19.3%+0.9pp | 18.4%-0.9pp | 19.4%-1.5pp | 20.8%+1.8pp | 19.0%-0.9pp | 19.9% |
| Operating Margin | 5.3%-0.4pp | 5.7%+0.8pp | 5.0%-0.6pp | 5.6%-0.6pp | 6.1%+0.2pp | 5.9%-0.0pp | 5.9%-0.2pp | 6.1% |
| Net Margin | 3.5%-0.2pp | 3.8%+0.5pp | 3.3%-0.5pp | 3.7%-0.2pp | 3.9%+0.1pp | 3.8%-0.0pp | 3.9%-0.2pp | 4.0% |
| Return on Equity | 3.0%-0.3pp | 3.4%+0.6pp | 2.8%-0.7pp | 3.5%-0.4pp | 3.9%+0.2pp | 3.7%-0.5pp | 4.2%-0.1pp | 4.2% |
| Return on Assets | 1.5%-0.1pp | 1.5%+0.3pp | 1.3%-0.3pp | 1.6%-0.1pp | 1.8%+0.2pp | 1.6%-0.2pp | 1.8%-0.1pp | 1.9% |
| Current Ratio | 1.37-0.0 | 1.39-0.0 | 1.44-0.0 | 1.45+0.0 | 1.40-0.0 | 1.43+0.1 | 1.35+0.1 | 1.25 |
| Debt-to-Equity | 0.12-0.1 | 0.190.0 | 0.190.0 | 0.190.0 | 0.20-0.1 | 0.27+0.0 | 0.22+0.1 | 0.11 |
| FCF Margin | 14.4%+8.5pp | 5.9%+3.5pp | 2.4%-10.7pp | 13.1%+4.4pp | 8.7%+21.3pp | -12.5%-12.8pp | 0.2%+0.5pp | -0.3% |
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Frequently Asked Questions
What is Rush Enterprises Inc's annual revenue?
Rush Enterprises Inc (RUSHB) reported $7.8B in total revenue for fiscal year 2024. This represents a -1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Rush Enterprises Inc's revenue growing?
Rush Enterprises Inc (RUSHB) revenue declined by 1.5% year-over-year, from $7.9B to $7.8B in fiscal year 2024.
Is Rush Enterprises Inc profitable?
Yes, Rush Enterprises Inc (RUSHB) reported a net income of $304.2M in fiscal year 2024, with a net profit margin of 3.9%.
What is Rush Enterprises Inc's earnings per share (EPS)?
Rush Enterprises Inc (RUSHB) reported diluted earnings per share of $3.72 for fiscal year 2024. This represents a -10.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Rush Enterprises Inc's EBITDA?
Rush Enterprises Inc (RUSHB) had EBITDA of $704.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Rush Enterprises Inc have?
As of fiscal year 2024, Rush Enterprises Inc (RUSHB) had $228.1M in cash and equivalents against $408.4M in long-term debt.
What is Rush Enterprises Inc's gross margin?
Rush Enterprises Inc (RUSHB) had a gross margin of 19.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Rush Enterprises Inc's operating margin?
Rush Enterprises Inc (RUSHB) had an operating margin of 6.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Rush Enterprises Inc's net profit margin?
Rush Enterprises Inc (RUSHB) had a net profit margin of 3.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Rush Enterprises Inc pay dividends?
Yes, Rush Enterprises Inc (RUSHB) paid $0.70 per share in dividends during fiscal year 2024.
What is Rush Enterprises Inc's return on equity (ROE)?
Rush Enterprises Inc (RUSHB) has a return on equity of 14.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Rush Enterprises Inc's free cash flow?
Rush Enterprises Inc (RUSHB) generated $186.5M in free cash flow during fiscal year 2024. This represents a 354.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Rush Enterprises Inc's operating cash flow?
Rush Enterprises Inc (RUSHB) generated $619.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Rush Enterprises Inc's total assets?
Rush Enterprises Inc (RUSHB) had $4.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Rush Enterprises Inc's capital expenditures?
Rush Enterprises Inc (RUSHB) invested $433.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Rush Enterprises Inc buy back shares?
Yes, Rush Enterprises Inc (RUSHB) spent $15.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Rush Enterprises Inc's current ratio?
Rush Enterprises Inc (RUSHB) had a current ratio of 1.45 as of fiscal year 2024, which is considered adequate.
What is Rush Enterprises Inc's debt-to-equity ratio?
Rush Enterprises Inc (RUSHB) had a debt-to-equity ratio of 0.19 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Rush Enterprises Inc's return on assets (ROA)?
Rush Enterprises Inc (RUSHB) had a return on assets of 6.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Rush Enterprises Inc's Altman Z-Score?
Rush Enterprises Inc (RUSHB) has an Altman Z-Score of 3.93, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Rush Enterprises Inc's Piotroski F-Score?
Rush Enterprises Inc (RUSHB) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Rush Enterprises Inc's earnings high quality?
Rush Enterprises Inc (RUSHB) has an earnings quality ratio of 2.04x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Rush Enterprises Inc cover its interest payments?
Rush Enterprises Inc (RUSHB) has an interest coverage ratio of 6.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Rush Enterprises Inc?
Rush Enterprises Inc (RUSHB) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.