RUSH ENTERPRISES, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $263.8M | $304.2M | $347.1M | $391.4M | $241.4M | $114.9M | $141.6M | $139.1M |
| Depreciation & Amortization | $252.8M | $236.1M | $221.1M | $199.1M | $169.5M | $177.3M | $175.5M | $185.1M |
| Depreciation | $224.9M | $207.3M | $194.1M | $177.1M | $148.3M | $157.8M | $158.7M | $149.1M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $31.7M | $30.4M | $30.4M | $25.3M | $22.2M | $19.4M | $19.0M | $18.1M |
| Net Cash from Operating Activities | $861.8M | $619.6M | $295.7M | $294.4M | $422.3M | $763.0M | $421.3M | $215.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $399.8M | $433.0M | $368.9M | $243.1M | $167.2M | $136.2M | $293.5M | $238.3M |
| Business Acquisitions | $24.3M | $16.4M | $16.1M | $20.8M | $269.3M | $0 | $10.2M | $0 |
| Net Cash from Investing Activities | $-417.1M | $-445.6M | $-387.0M | $-240.9M | $-432.9M | $-127.5M | $-320.5M | $-227.2M |
| Financing Activities | ||||||||
| Dividends Paid | $58.3M | $55.5M | $50.6M | $44.6M | $41.1M | $22.5M | $18.3M | $9.3M |
| Stock Repurchases | $194.9M | $15.7M | $211.8M | $93.7M | $33.6M | $24.9M | $58.2M | $120.6M |
| Net Cash from Financing Activities | $-460.4M | $-129.3M | $74.0M | $-690.0K | $-153.3M | $-505.1M | $-50.9M | $19.1M |
| Net Change in Cash | — | — | — | — | $-163.9M | $130.4M | $49.9M | $7.2M |
| Free Cash Flow | $462.0M | $186.5M | $-73.2M | $51.3M | $255.2M | $626.8M | $127.8M | $-22.9M |