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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
$4.16B
P/E (TTM)
15.5
21.1
Dividend Yield
1.4%
52W High
$65.43
52W Low
$45.67
52W Range
42%
Rank30Top 13.9%
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: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$1.88B-0.81%
4-Quarter Trend

EPS

$0.85-15.00%
4-Quarter Trend

FCF

$271.23M-1458.46%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Down Total revenue decreased $132.9 M, or 2.3%, for nine months ended September 30, 2025, driven by lower commercial vehicle sales volume.
Net Income Attributable Decreased Net income attributable to the company fell $29.9 M, or 13.1%, for the nine months ended September 30, 2025, compared to prior year.
Strong Cash Position Cash, cash equivalents, and restricted cash ended period at $242.0 M, showing a $56.9 M increase over December 31, 2024 balance.
Q3 Aftermarket Revenue Growth Aftermarket revenue grew 1.5% in Q3 2025 to $642.7 M, driven by strategic initiatives and increased parts pricing compared to Q3 2024.

Risk Factors

Commercial Sales Demand Weak New Class 8 truck sales volume decreased 10.8% in Q3 2025 due to ongoing freight recession and challenging market conditions.
Gross Profit Margin Declines Nine month gross profit margin fell to 19.6% in 2025 from 20.0% in 2024, primarily due to lower commercial vehicle margins.
Emission Rules Uncertainty Pending legal challenges regarding EPA and CARB emission rules create uncertainty impacting future compliance costs and demand.
SG&A Expense Rises SG&A expenses increased 12.6% in Q3 2025 to 13.6% of revenue, partly due to increased litigation accruals and insurance retentions.

Outlook

New Truck Sales Forecast Industry forecasts predict U.S. Class 8 retail truck sales will decrease 12.5% in 2025 to 216,300 units, reflecting continued weak demand.
Capital Expenditure Plans Expect purchasing or leasing commercial vehicles for leasing operations between $275.0 M and $325.0 M during 2025.
Stock Repurchase Activity Repurchased $130.6 M of common stock under the current program, which is authorized up to $200.0 M aggregate.
Interest Expense Forecast Expect net interest expense in 2025 to decrease compared to 2024, dependent on inventory levels and interest rate fluctuations.

Peer Comparison

Revenue (TTM)

Group 1 Automotive, Inc.GPI
$22.54B
+19.4%
Asbury Automotive Group, Inc.ABG
$17.83B
+8.1%
Sonic Automotive, Inc.SAH
$15.18B
+9.1%

Gross Margin (Latest Quarter)

Travel + Leisure Co.TNL
97.5%
+47.4pp
CarGurus, Inc.CARG
89.5%
+10.6pp
PVH Corp.PVH
56.3%
-2.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
GPI$5.08B13.412.4%54.7%
BC$4.83B-20.6-13.1%43.3%
CVCO$4.72B23.718.4%2.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.2%
Flat Growth
4Q Net Income CAGR
-3.7%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 17, 2026
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EPS:-
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Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $1.88B-0.8%
    |
    EPS: $0.85-15.0%
    Beat
  • 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