RUSH ENTERPRISES, INC.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.03B | $1.87B | $2.03B | $1.98B | $2.00B | $1.91B | $1.88B | $1.86B |
| Cost of Revenue | $1.63B | $1.48B | $1.64B | $1.59B | $1.59B | $1.51B | $1.50B | $1.48B |
| Gross Profit | $392.4M | $389.9M | $386.1M | $394.4M | $413.8M | $398.8M | $386.1M | $381.4M |
| Gross Margin | 19.4% | 20.8% | 19.0% | 19.9% | 20.7% | 20.9% | 20.5% | 20.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $251.4M | $263.7M | $251.1M | $257.1M | $256.7M | $256.8M | $235.5M | $242.6M |
| Operating Income | $124.5M | $110.6M | $120.1M | $121.6M | $142.9M | $127.8M | $136.6M | $127.0M |
| Operating Margin | 6.1% | 5.9% | 5.9% | 6.1% | 7.1% | 6.7% | 7.3% | 6.8% |
| Interest Expense | $19.8M | $18.0M | $16.3M | $14.2M | $12.2M | $11.0M | $9.1M | $6.3M |
| Pretax Income | $105.1M | $92.8M | $104.8M | $107.6M | $130.5M | $119.1M | $128.2M | $120.5M |
| Income Tax Expense | $26.3M | $21.3M | $26.7M | $26.9M | $32.0M | $28.4M | $30.0M | $29.9M |
| Net Income | $78.7M | $71.6M | $78.0M | $80.3M | $98.3M | $90.5M | — | $90.4M |
| Net Margin | 3.9% | 3.8% | 3.8% | 4.1% | 4.9% | 4.7% | — | 4.8% |
| EPS (Basic) | $1.01 | $0.91 | $0.99 | $0.99 | $1.20 | $1.10 | $-0.01 | $1.09 |
| EPS (Diluted) | $97.00 | $0.88 | $0.95 | $0.96 | $1.17 | $1.07 | $-0.01 | $1.06 |
| Shares Outstanding (Basic) | 78.3M | 78.5M | 81.1M | 81.2M | 81.7M | 82.2M | 83.1M | 82.8M |
| Shares Outstanding (Diluted) | 80.8M | 81.5M | 83.7M | 84.0M | 84.2M | 84.8M | 85.7M | 85.3M |
| Dividends Per Share | $0.17 | $0.17 | $0.17 | $0.17 | $0.14 | $0.14 | $0.01 | $0.14 |