| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | 3 | 1 | 1 | — | — | 3 | 1 | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.52 |
—
—
—
|
| 2025 | 0.74 |
—
—
—
—
|
| 2024 | 0.47 |
—
—
—
—
|
| 2023 | 0.51 |
—
—
—
—
|
| 2022 | 0.53 |
—
—
—
—
|
| 2021 | 0.49 |
—
—
—
—
|
| 2020 | 0.36 |
—
—
—
—
|
| 2019 | 0.33 |
—
—
—
—
|
| 2018 | 0.16 |
—
—
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 183.73 | 228.13 | 212.65 | 264.94 |
| Receivables | 259.35 | 345.35 | 277.78 | 304.67 |
| Inventory | 1,801.45 | 1,787.74 | 1,534.47 | 1,687.61 |
| Other | — | — | — | — |
| 2,260.30 | 2,389.72 | 2,091.14 | 2,293.24 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 162.13 | 244.02 | 230.76 | 299.12 |
| ST’ Debt | — | — | 0.13 | 1.74 |
| Other | 145.33 | 109.75 | 112.15 | 108.07 |
| 1,673.31 | 1,650.12 | 1,492.09 | 1,579.50 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,684.19 | 1,899.68 | — | — |
—
|
| ’25 | 1,850.83 | 1,930.71 | 1,880.77 | 1,771.89 |
7,434.20
|
| ’24 | 1,872.00 | 2,027.03 | 1,896.13 | 2,009.59 |
7,804.75
|
| ’23 | 1,911.77 | 2,003.05 | 1,980.74 | 2,029.47 |
7,925.02
|
| ’22 | 1,563.20 | 1,791.24 | 1,864.29 | 1,882.94 |
7,101.67
|
| ’21 | 1,231.81 | 1,316.02 | 1,266.52 | 1,311.80 |
5,126.14
|
| ’20 | 1,286.66 | 1,002.51 | 1,178.57 | 1,268.20 |
4,735.94
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 60.40 | 133.25 | — | — |
—
|
| ’25 | 153.53 | 227.64 | 367.78 | 112.89 |
861.84
|
| ’24 | (155.05) | 270.58 | 111.74 | 392.28 |
619.55
|
| ’23 | 92.47 | 21.55 | 97.04 | 84.65 |
295.71
|
| ’22 | 34.59 | 23.59 | 125.14 | 111.08 |
294.40
|
| ’21 | 40.14 | 197.56 | 200.94 | (16.30) |
422.35
|
| ’20 | 138.82 | 279.40 | 172.26 | 172.51 |
762.98
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (5.17) | 51.16 | — | — |
—
|
| ’25 | 49.44 | 116.67 | 271.39 | 32.43 |
469.92
|
| ’24 | (231.15) | 177.30 | (14.01) | 263.81 |
195.94
|
| ’23 | 2.14 | (72.98) | (5.29) | 5.17 |
(70.96)
|
| ’22 | (8.47) | (37.81) | 61.37 | 43.37 |
58.46
|
| ’21 | 7.34 | 146.33 | 165.23 | (60.29) |
258.62
|
| ’20 | 89.50 | 251.82 | 146.98 | 144.27 |
632.57
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.51 | 0.61 | — | — |
—
|
| ’25 | 0.49 | 0.60 | 0.55 | 0.54 |
2.18
|
| ’24 | 0.59 | 0.65 | 0.65 | 0.61 |
2.48
|
| ’23 | 0.71 | 0.78 | 0.64 | 0.63 |
2.77
|
| ’22 | 0.71 | 0.85 | 0.71 | 0.77 |
3.04
|
| ’21 | 0.35 | 0.44 | 0.53 | 0.52 |
1.85
|
| ’20 | 0.18 | 0.14 | 0.27 | 0.32 |
0.91
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 19.64 | 23.62 | 25.23 | 31.81 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 26.67 | 35.41 | 39.07 | 41.03 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,418 | 7,860 | 7,388 | 7,355 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.96 | 1.01 | 1.06 | 1.01 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,101.67 | 7,925.02 | 7,804.75 | 7,434.20 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.94% | 20.10% | 19.62% | 19.65% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 509.33 | 462.06 | 397.82 | 345.87 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.17% | 5.83% | 5.10% | 4.65% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 392.09 | 348.06 | 304.97 | 266.04 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 199.15 | 221.14 | 236.10 | 252.84 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 56.97 | 65.15 | 65.81 | 63.23 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 3.14 | 2.85 | 2.57 | 2.25 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.36 | 2.43 | 5.22 | 7.33 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.89) | (3.01) | (3.57) | (3.33) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.47 | (0.58) | 1.65 | 4.00 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.14 | 15.54 | 18.23 | 18.93 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 124.65 | 121.63 | 118.59 | 117.57 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.81 | 12.19 | 14.10 | 16.70 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.43 | 0.53 | 0.55 | 0.59 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.73 | 2.23 | 1.99 | 1.98 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.59 | 0.59 | 0.60 | 0.61 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 71.82 | (65.60) | 23.89 | 9.70 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 294.40 | 295.71 | 619.55 | 861.84 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (235.94) | (366.67) | (423.61) | (391.92) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 58.46 | (70.96) | 195.94 | 469.92 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 439.07 | 586.99 | 739.60 | 599.05 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,345.92 | 511.62 | 500.68 | 363.07 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,144.87 | 327.89 | 272.54 | 150.43 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,763.02 | 1,890.42 | 2,161.90 | 2,225.84 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.28% | 8.48% | 6.77% | 5.83% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 10.88% | 14.44% | 12.02% | 10.36% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.24% | 19.00% | 15.01% | 12.02% | — | — | — |
ROE
|
Rush Enterprises (RUSHB), a leading commercial vehicle dealership network focused on heavy-duty trucks like Peterbilt and International, has thrived through a volatile decade of pandemics, booms, and freight slowdowns. Revenue surged from a COVID low of $4.74 billion in 2020 to a peak of $7.93 billion in 2023, driven by pent-up demand and infrastructure spending, before a slight 2024 dip to $7.80 billion. Operational efficiency shines with revenue per employee exceeding $1 million, bolstered by high-margin aftermarket services, while gross margins compressed from 21.3% in 2021 to 19.6% amid normalizing inventories and softening freight markets.
Profitability remains resilient despite normalization: net income hit $392 million in 2022 (ROE 24.2%) before easing to $305 million in 2024 (ROE 15.0%), with EPS at $3.85. The balance sheet is fortress-like, with debt slashed 63% to $501 million and FCF rebounding to $196 million, supporting buybacks that shrank shares 12% since 2016. Stock multiples are attractive—P/E at 14.1x, PS 0.25-0.59x—tracking fundamentals from pandemic lows to 3x gains.
Analysts forecast a 2025 revenue stutter to $7.39 billion before rebounding to $8.00 billion by 2027, with EPS recovering to $4.43 and modest 9% mean upside to targets. Insider sells signal caution, but deleveraging, service moats, and tailwinds like rate cuts, infrastructure laws, and EPA rules position RUSHB for cyclical recovery—offering value for patient investors eyeing freight inflection.
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