Rush Enterprises, Inc. (RUSHB)

Rush Enterprises Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	7,779	7,874	7,046	5,081	4,700	5,768
Other Revenue	45.43	51.13	55.6	45.59	35.96	42.2
Revenue	7,825	7,925	7,102	5,126	4,736	5,810
Revenue Growth (YoY)	0.59%	11.59%	38.54%	8.24%	-18.48%	5.51%
Cost of Revenue	6,271	6,326	5,608	4,034	3,860	4,784
Gross Profit	1,553	1,599	1,493	1,092	875.47	1,026
Selling, General & Admin	1,012	1,028	933.92	731.34	665.26	753.75
Operating Expenses	1,078	1,088	989.58	784.69	722.71	809.12
Operating Income	475.03	511.54	503.66	307.6	152.75	216.51
Interest Expense	-71.38	-53.69	-19.76	-2.43	-9.73	-30.49
Interest & Investment Income	0.78	0.78	0.64	0.66	0.71	1.68
Other Non Operating Income (Expenses)	0.58	2.6	2.88	6.42	6.13	1.93
EBT Excluding Unusual Items	405.01	461.22	487.41	312.25	149.87	189.63
Gain (Loss) on Sale of Investments	-	-	19.46	-	-	-
Gain (Loss) on Sale of Assets	0.94	0.84	2.46	1.43	1.85	-0.1
Pretax Income	405.95	462.06	509.33	313.68	151.72	189.52
Income Tax Expense	98.15	114	117.24	72.27	36.84	47.94
Earnings From Continuing Operations	307.81	348.06	392.09	241.42	114.89	141.58
Minority Interest in Earnings	-0.36	-1.01	-0.7	-	-	-
Net Income	307.45	347.06	391.38	241.42	114.89	141.58
Net Income to Common	307.45	347.06	391.38	241.42	114.89	141.58
Net Income Growth	-16.30%	-11.33%	62.12%	110.13%	-18.86%	1.81%
Shares Outstanding (Basic)	79	81	83	84	82	82
Shares Outstanding (Diluted)	82	84	86	87	84	85
Shares Change (YoY)	-3.13%	-2.34%	-1.26%	2.91%	-0.20%	-6.76%
EPS (Basic)	3.89	4.28	4.71	2.88	1.40	1.72
EPS (Diluted)	3.77	4.15	4.57	2.78	1.36	1.67
EPS Growth	-13.39%	-9.19%	64.39%	104.41%	-18.72%	9.13%
Free Cash Flow	-72.11	-73.17	51.34	255.17	626.78	127.78
Free Cash Flow Per Share	-0.88	-0.87	0.60	2.94	7.43	1.51
Dividend Per Share	0.690	0.620	0.530	0.490	0.273	0.227
Dividend Growth	16.95%	16.98%	8.16%	79.29%	20.56%	112.46%
Gross Margin	19.85%	20.18%	21.03%	21.31%	18.49%	17.65%
Operating Margin	6.07%	6.45%	7.09%	6.00%	3.23%	3.73%
Profit Margin	3.93%	4.38%	5.51%	4.71%	2.43%	2.44%
Free Cash Flow Margin	-0.92%	-0.92%	0.72%	4.98%	13.23%	2.20%
EBITDA	706.49	732.68	702.81	477.1	330.1	391.99
EBITDA Margin	9.03%	9.25%	9.90%	9.31%	6.97%	6.75%
D&A For EBITDA	231.46	221.14	199.15	169.5	177.35	175.48
EBIT	475.03	511.54	503.66	307.6	152.75	216.51
EBIT Margin	6.07%	6.45%	7.09%	6.00%	3.23%	3.73%
Effective Tax Rate	24.18%	24.67%	23.02%	23.04%	24.28%	25.30%
Revenue as Reported	7,825	7,925	7,102	5,126	4,736	5,810

Source: S&P Capital IQ. Standard template. Financial Sources.