RUSH ENTERPRISES, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.43B | $7.80B | $7.93B | $7.10B | $5.13B | $4.74B | $5.81B | $5.51B |
| Cost of Revenue | $5.97B | $6.27B | $6.33B | $5.61B | $4.03B | $3.86B | $4.78B | $4.53B |
| Gross Profit | $1.46B | $1.53B | $1.59B | $1.49B | $1.09B | $875.5M | $1.03B | $978.3M |
| Gross Margin | 19.6% | 19.6% | 20.1% | 20.9% | 21.3% | 18.5% | 17.7% | 17.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $996.2M | $995.6M | $1.02B | $927.8M | $731.3M | $665.3M | $753.7M | $705.2M |
| Operating Income | $393.8M | $468.1M | $512.4M | $506.1M | $309.0M | $154.6M | $216.4M | $202.9M |
| Operating Margin | 5.3% | 6.0% | 6.5% | 7.1% | 6.0% | 3.3% | 3.7% | 3.7% |
| Interest Expense | $48.2M | $72.0M | $53.7M | $19.8M | $2.4M | $9.7M | $30.5M | $21.1M |
| Pretax Income | $345.9M | $397.8M | $462.1M | $509.3M | $313.7M | $151.7M | $189.5M | $183.2M |
| Income Tax Expense | $79.8M | $92.8M | $114.0M | $117.2M | $72.3M | $36.8M | $47.9M | $44.1M |
| Net Income | $263.8M | $304.2M | $347.1M | $391.4M | $241.4M | $114.9M | $141.6M | $139.1M |
| Net Margin | 3.5% | 3.9% | 4.4% | 5.5% | 4.7% | 2.4% | 2.4% | 2.5% |
| EPS (Basic) | $3.37 | $3.85 | $4.28 | $4.71 | $2.88 | $2.09 | $2.57 | $2.36 |
| EPS (Diluted) | $3.27 | $3.72 | $4.15 | $4.57 | $2.78 | $2.04 | $2.51 | $2.30 |
| Shares Outstanding (Basic) | 78.4M | 79.1M | 81.1M | 83.1M | 83.8M | 54.9M | 55.0M | 58.8M |
| Shares Outstanding (Diluted) | 80.7M | 81.8M | 83.7M | 85.7M | 86.8M | 56.2M | 56.4M | 60.4M |
| Dividends Per Share | $0.74 | $0.70 | $0.62 | $0.53 | $0.27 | $0.41 | $0.34 | $0.16 |