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Rush Enterprises, Inc.

Rush Enterprises, Inc.

NASDAQ•RUSHA
CEO: Mr. W. Marvin Rush III
Sector: Consumer Cyclical
Industry: Auto - Dealerships
Listing Date: 2003-10-07
Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada. 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, Blue Bird, and Dennis Eagle. The company also offers 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 products. 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; and vehicle telematics products, as well as sells new and used trailers, and tires for use on 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, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Ontario. Rush Enterprises, Inc. was incorporated in 1965 and is headquartered in New Braunfels, Texas.
Contact Information
555 IH 35 South, Suite 500, New Braunfels, TX, 78130, United States
830-302-5200
www.rushenterprises.com
Market Cap
$3.85B
P/E (TTM)
14.2
vs Industry 24.2
Dividend Yield (TTM)
1.5%
52W High
$65.43
52W Low
$47.06
52W Range
13%
5.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.88B-0.81%
4-Quarter Trend

EPS

$0.85-15.00%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2025 Q2 Earnings Highlights

Release Date: Aug 8, 2025

Key Highlights

Aftermarket Products Revenue Growth Aftermarket Products and Services revenue increased 1.4% to 636.3M USD in Q2 2025, showing slight demand improvement.
Dealership Absorption Ratio Rises Dealership absorption ratio improved to 135.5% in Q2 2025, up 1.5 percentage points, indicating better overhead coverage efficiency.
Net Interest Expense Decreased Net interest expense decreased 34.6% (6.7M USD) to 12.7M USD, due to lower vehicle inventory levels and variable debt rates.
Strong Operating Cash Flow Six-month net cash provided by operating activities was 381.2M USD, significantly up from 115.5M USD in 2024 period.

Risk Factors

Total Revenue Decline Total revenue decreased 4.8% to 1.93B USD in Q2 2025, primarily resulting from decreased new Class 8 truck sales revenue.
New Vehicle Sales Drop New and used commercial vehicle sales revenue dropped 8.4% (108.8M USD) due to continued weak over-the-road customer demand.
Operating Income Pressure Operating income fell 11.5% to 110.2M USD in Q2 2025, reflecting lower gross profit and vehicle sales volume decline.
Regulatory Uncertainty Impacts Demand Uncertainty regarding U.S. trade policy and engine emission regulations continues to weigh on new commercial vehicle demand.

Outlook

Class 8 Sales Forecast Down New U.S. Class 8 retail truck sales forecast at 221.4K units in 2025, a projected 10.5% decrease compared to 2024.
Lease and Rental Revenue Growth Lease and rental revenue expected to increase approximately 5.0% during 2025, driven by new fleet additions and consistent customer demand.
Aftermarket Margin Expectations Expect blended gross margins for Aftermarket Products and Services to range from 36.0% to 37.5% throughout 2025.
Significant Capital Expenditure Plans Expect 275.0M USD to 325.0M USD for leasing vehicle purchases and 35.0M USD to 40.0M USD for recurring capital expenditures in 2025.

Peer Comparison

Revenue (TTM)

Group 1 Automotive, Inc.GPI
$22.54B
+19.7%
Group 1 Automotive, Inc.GPI
$22.54B
+19.4%
Asbury Automotive Group, Inc.ABG
$17.83B
+8.4%

Gross Margin (Latest Quarter)

Travel + Leisure Co.TNL
97.5%
+41.2 pp
Travel + Leisure Co.TNL
97.5%
+41.2 pp
CarGurus, Inc.CARG
87.3%
+4.9 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
GPI$5.14B13.912.3%54.7%
GPI$5.14B13.912.3%54.7%
ABG$4.61B8.215.2%50.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4-Quarter Revenue CAGR
-2.2%
Flat Growth
4-Quarter Net Income CAGR
-3.7%
Stable Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $1.93B-4.8%
    |
    EPS: $0.92-8.0%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $1.85B-1.1%
    |
    EPS: $0.76-16.5%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 24, 2025|
    Revenue: $7.80B-1.5%
    |
    EPS: $3.85-10.0%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $1.90B-4.3%
    |
    EPS: $1.00+1.0%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 9, 2024|
    Revenue: $2.03B+1.2%
    |
    EPS: $1.00-16.7%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 10, 2024|
    Revenue: $1.87B-2.1%
    |
    EPS: $0.91-17.3%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 23, 2024|
    Revenue: $7.93B+11.6%
    |
    EPS: $4.28-9.1%
    Beat
  • Form 10-Q - Q3 2023

    Period End: Sep 30, 2023|Filed: Nov 9, 2023|
    Revenue: $1.98B+6.2%
    |
    EPS: $0.99-9.2%
    Beat