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General information

Country: UNITED STATES

Sector: Auto and Truck Dealerships

Rush Enterprises, Inc. operates a regional network of commercial vehicle dealerships. The Company sells new and used heavy-duty and medium-duty trucks, and buses. Rush also provides parts and maintenance, leasing, and financing services.
Website: rushenterprises.com



Growth: Good revenue growth rate 47.1%, there is acceleration compared to average historical growth rates 5.3%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is positive, +9.1%. On average the margin is decreasing unsteadily. Gross margin is normal, +20.5%. In the last quarter the company beat the estimated EPS, +16.8%. The company was ahead of estimated EPS in 100% of quarters (showing a gain of +$0.28 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 1.5%. Free cash flow yield -20.3% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 69.2% higher than minimum and 12.6% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 2.8x by EV / Sales multiple , the company can be >100% undervalued

Insiders: For the last 3 months insiders sold company shares on $0.5 mln (-0.021% of cap.)

Key Financials (Download financials)

Ticker: RUSHA
Share price, USD:  (0.0%)46.76
year average price 42.56  


year start price 35.59 2023-05-01

min close price 33.47 2023-05-04

max close price 53.52 2024-03-28

current price 46.76 2024-04-29
Common stocks: 54 460 000

Dividend Yield:  1.5%
FCF Yield LTM: -20.3%
EV / LTM EBITDA: 6.3x
EV / EBITDA annualized: 6.8x
Last revenue growth (y/y):  47.1%
Last growth of EBITDA (y/y):  6.1%
Historical revenue growth:  5.3%
Historical growth of EBITDA:  20.3%
EV / Sales: 0.6x
Margin (EBITDA LTM / Revenue): 9.1%
Fundamental value created in LTM:
Market Cap ($m): 2 547
Net Debt ($m): 1 239
EV (Enterprise Value): 3 786
Price to Book: 1.3x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-04-24Seeking Alpha

Rush Enterprises, Inc. (RUSHA) Q1 2024 Earnings Call Transcript

2024-04-04Zacks Investment Research

Should Value Investors Buy Rush Enterprises (RUSHA) Stock?

2024-04-03Zacks Investment Research

Rush Enterprises (RUSHA) Upgraded to Buy: Here's What You Should Know

2024-04-03Zacks Investment Research

Here's Why Momentum in Rush Enterprises (RUSHA) Should Keep going

2024-03-15Seeking Alpha

Rush Enterprises: Looks Undervalued Based On Normalized Free Cash Flow

2023-12-23Seeking Alpha

Rush Enterprises Deserves More Upside Despite Recent Mixed Results

2023-10-25Seeking Alpha

Rush Enterprises, Inc. (RUSHA) Q3 2023 Earnings Call Transcript

2023-10-11GlobeNewsWire

Rush Enterprises, Inc. Conference Call Advisory For Third Quarter 2023 Earnings Results

2023-10-03Seeking Alpha

Rush Enterprises: An Undervalued Small-Cap To Consider

2023-09-12Zacks Investment Research

Rush Enterprises (RUSHA) Loses -6.57% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol RUSHA RUSHA RUSHA RUSHA RUSHA RUSHA RUSHA
reportedCurrency USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M
fillingDate 2024-04-24 2024-02-23 2023-11-09 2023-08-09 2023-05-10 2023-02-23 2022-11-09
acceptedDate 2024-04-23 18:19:02 2024-02-23 15:47:31 2023-11-09 14:10:30 2023-08-09 15:31:39 2023-05-10 13:44:13 2023-02-23 16:15:22 2022-11-09 15:25:58
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4 Q3
revenue 1 872M 2 029M 1 981M 2 003M 1 912M 1 883M 1 864M
costOfRevenue 1 498M 1 658M 1 586M 1 589M 1 513M 1 497M 1 483M
grossProfit 374M 371M 394M 414M 399M 386M 381M
grossProfitRatio 0.200 0.183 0.199 0.207 0.209 0.205 0.205
researchAndDevelopmentExpenses 0 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 241M 0 0 0 0 0
sellingAndMarketingExpenses 0 10M 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 264M 251M 257M 257M 257M 235M 243M
otherExpenses 0 213 000 133 000 15M 14M 14M 14M
operatingExpenses 264M 251M 273M 271M 271M 250M 257M
costAndExpenses 1 762M 1 910M 1 859M 1 860M 1 784M 1 746M 1 739M
interestIncome 0 -37M 14M 0 0 0 0
interestExpense 18M 16M 14M 12M 11M 8M 6M
depreciationAndAmortization 16M 15M 16M 14M 14M 14M 49M
ebitda 126M 135M 137M 157M 142M 151M 176M
ebitdaratio 0.067 0.067 0.069 0.078 0.074 0.080 0.094
operatingIncome 110M 120M 122M 143M 128M 137M 127M
operatingIncomeRatio 0.059 0.059 0.061 0.071 0.067 0.073 0.068
totalOtherIncomeExpensesNet -18M -15M 353 000 -12M -9M -8M -6M
incomeBeforeTax 93M 105M 108M 131M 119M 128M 121M
incomeBeforeTaxRatio 0.050 0.052 0.054 0.065 0.062 0.068 0.065
incomeTaxExpense 21M 27M 27M 32M 28M 30M 30M
netIncome 71M 78M 80M 98M 90M 98M 90M
netIncomeRatio 0.038 0.038 0.041 0.049 0.047 0.052 0.048
eps 0.910 0.980 0.990 1.800 1.650 1.790 1.640
epsdiluted 0.880 0.950 0.960 1.750 1.600 1.740 1.590
weightedAverageShsOut 78M 79M 81M 54M 55M 55M 55M
weightedAverageShsOutDil 81M 82M 84M 56M 57M 57M 57M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Balance Sheet Statement

Property 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol RUSHA RUSHA RUSHA RUSHA RUSHA RUSHA RUSHA
reportedCurrency USD USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M 1M
fillingDate 2024-04-24 2024-02-23 2023-11-09 2023-08-09 2023-05-10 2023-02-23 2022-11-09
acceptedDate 2024-04-23 18:19:02 2024-02-23 15:47:31 2023-11-09 14:10:30 2023-08-09 15:31:39 2023-05-10 13:44:13 2023-02-23 16:15:22 2022-11-09 15:25:58
calendarYear 2024.000 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q1 Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 156M 184M 192M 192M 226M 201M 220M
shortTermInvestments 0 0 0 0 0 0 0
cashAndShortTermInvestments 156M 184M 192M 192M 226M 201M 220M
netReceivables 309M 259M 263M 237M 230M 221M 221M
inventory 2 032M 1 801M 1 672M 1 637M 1 499M 1 429M 1 352M
otherCurrentAssets 20M 16M 19M 22M 19M 17M 17M
totalCurrentAssets 2 517M 2 260M 2 146M 2 088M 1 974M 1 868M 1 809M
propertyPlantEquipmentNet 1 620M 1 608M 1 582M 1 546M 1 504M 1 471M 1 456M
goodwill 420M 421M 416M 417M 416M 416M 416M
intangibleAssets 0 12M 0 0 0 0 0
goodwillAndIntangibleAssets 420M 421M 416M 417M 416M 416M 416M
longTermInvestments -160M 8M -155M -155M 0 0 0
taxAssets 160M 12M 155M 155M 155M 0 0
otherNonCurrentAssets 72M 54M 74M 75M -80M 66M 62M
totalNonCurrentAssets 2 112M 2 104M 2 072M 2 039M 1 996M 1 953M 1 933M
otherAssets 0 0 0 0 0 0 0
totalAssets 4 629M 4 364M 4 218M 4 126M 3 970M 3 821M 3 743M
accountPayables 181M 162M 177M 187M 200M 172M 186M
shortTermDebt 1 304M 1 193M 1 278M 1 175M 1 063M 977M 979M
taxPayables 0 7M 0 0 0 0 0
deferredRevenue 127M 145M 103M 102M 100M 116M 91M
otherCurrentLiabilities 145M 173M 162M 158M 149M 163M 163M
totalCurrentLiabilities 1 757M 1 673M 1 720M 1 621M 1 513M 1 429M 1 419M
longTermDebt 524M 414M 400M 439M 449M 458M 479M
deferredRevenueNonCurrent 204M 202M 0 0 0 152M 0
deferredTaxLiabilitiesNonCurrent 160M 160M 155M 155M 155M 152M 148M
otherNonCurrentLiabilities 29M 25M 24M 24M 23M -133M -609M
totalNonCurrentLiabilities 917M 801M 579M 618M 627M 629M 647M
otherLiabilities 1.000 1.000 0 0 0 0 0
capitalLeaseObligations 204M 202M 249M 243M 233M 227M 216M
totalLiabilities 2 674M 2 474M 2 299M 2 239M 2 140M 2 058M 2 067M
preferredStock 0 0 0 0 0 0 0
commonStock 815 000 806 000 804 000 578 000 577 000 572 000 571 000
retainedEarnings 1 508M 1 450M 1 386M 1 544M 1 457M 1 378M 1 292M
accumulatedOtherComprehensiveIncomeLoss -4M -2M -4M -2M -4M -4M -6M
othertotalStockholdersEquity 431M 422M 517M 326M 357M 370M 371M
totalStockholdersEquity 1 936M 1 871M 1 900M 1 868M 1 811M 1 744M 1 657M
totalEquity 1 955M 1 890M 1 919M 1 887M 1 811M 1 744M 1 657M
totalLiabilitiesAndStockholdersEquity 4 629M 4 364M 4 218M 4 126M 3 970M 3 821M 3 743M
minorityInterest 19M 20M 19M 19M 19M 19M 0
totalLiabilitiesAndTotalEquity 4 629M 4 364M 4 218M 4 126M 3 970M 3 821M 3 743M
totalInvestments -160M 8M -155M -155M 0 0 0
totalDebt 2 032M 1 809M 1 678M 1 614M 1 512M 1 435M 1 459M
netDebt 1 876M 1 626M 1 486M 1 422M 1 285M 1 234M 1 239M
link Link Link Link Link Link Link Link
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Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol RUSHA RUSHA RUSHA RUSHA RUSHA RUSHA
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-02-23 2023-11-09 2023-08-09 2023-05-10 2023-02-23 2022-11-09
acceptedDate 2024-02-23 15:47:31 2023-11-09 14:10:30 2023-08-09 15:31:39 2023-05-10 13:44:13 2023-02-23 16:15:22 2022-11-09 15:25:58
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome 78M 81M 99M 91M 98M 91M
depreciationAndAmortization 56M 57M 55M 54M 53M 51M
deferredIncomeTax 4M 654 000 -311 000 3M -4M 4M
stockBasedCompensation 5M 6M 6M 13M 4M 4M
changeInWorkingCapital -58M -47M -137M -68M -40M -23M
accountsReceivables 5M -27M -7M -9M 459 000 10M
inventory -104M -19M -122M -53M -60M -72M
accountsPayables -15M -8M -14M 27M -13M 11M
otherWorkingCapital 56M 8M 6M -33M 32M 28M
otherNonCashItems -181 000 -416 000 -232 000 -779 000 -260 000 -2M
netCashProvidedByOperatingActivities 85M 97M 22M 92M 111M 125M
investmentsInPropertyPlantAndEquipment -80M -103M -96M -90M -68M -68M
acquisitionsNet -16M 748 000 0 0 -5M -703 000
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites -546 000 323 000 2M -5M 69 000 -5M
netCashUsedForInvestingActivites -96M -102M -93M -96M -73M -74M
debtRepayment -118M -282M -419M -275M -299M -218M
commonStockIssued 3M 5M 508M 0 13M 0
commonStockRepurchased -105M -43M -40M -24M -8M -32M
dividendsPaid -13M -14M -11M -12M -11M -12M
otherFinancingActivites 236M 339M -53 000 340M 249M 214M
netCashUsedProvidedByFinancingActivities 3M 5M 37M 28M -57M -48M
effectOfForexChangesOnCash 42 000 -85 000 -125 000 204 000 490 000 -372 000
netChangeInCash -8M 91 000 -34M 25M -18M 3M
cashAtEndOfPeriod 184M 192M 192M 226M 201M 220M
cashAtBeginningOfPeriod 192M 192M 226M 201M 220M 217M
operatingCashFlow 85M 97M 22M 92M 111M 125M
capitalExpenditure -80M -103M -96M -90M -68M -68M
freeCashFlow 5M -6M -74M 2M 43M 57M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2024 q1
2024-04-24 ET (fiscal 2024 q1)
2023 q4
2024-02-14 ET (fiscal 2023 q4)
2023 q3
2023-10-25 ET (fiscal 2023 q3)
2023 q2
2023-07-26 ET (fiscal 2023 q2)
2023 q1
2023-04-26 ET (fiscal 2023 q1)
2022 q4
2023-02-16 ET (fiscal 2022 q4)
2022 q3
2022-10-26 ET (fiscal 2022 q3)
2022 q2
2022-07-27 ET (fiscal 2022 q2)
2022 q1
2022-04-27 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-04-23 22:01 ET
Rush Enterprises, Inc. Reports First Quarter 2024 Results, Announces $0.17 Per Share Dividend
2024-04-16 15:05 ET
Rush Enterprises, Inc. Conference Call Advisory For First Quarter 2024 Earnings Results
2024-03-26 15:33 ET
Rush Truck Centers launches special sweepstakes for the chance to win the final Peterbilt Model 389 ever produced; proceeds to benefit Wounded Warrior Project
2024-03-08 22:22 ET
Rush Enterprises announces retirements of Michael McRoberts, Chief Operating Officer and Scott Anderson, Senior Vice President of Finance, Insurance and Leasing
2024-02-13 21:40 ET
Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2023 Results, Announces $0.17 Per Share Dividend
2024-01-31 21:00 ET
Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year-End 2023 Earnings Results
2023-12-06 14:00 ET
Rush Enterprises, Inc. Adopts Stock Repurchase Program and Announces Repurchase of Common Stock
2023-10-24 20:46 ET
Rush Enterprises, Inc. Reports Third Quarter 2023 Results, Announces $0.17 Per Share Dividend
2023-10-11 20:00 ET
Rush Enterprises, Inc. Conference Call Advisory For Third Quarter 2023 Earnings Results
2023-10-10 20:05 ET
Rush Enterprises, Inc. Announces Additions to Board of Directors
2023-09-05 15:42 ET
Rush Enterprises announces limited-edition pink mudflaps and monetary donation in support of the Breast Cancer Research Foundation
2023-07-25 20:10 ET
Rush Enterprises, Inc. Reports Second Quarter 2023 Results, Announces Three-For-Two Stock Split and $0.17 Per Share Dividend (Post-Stock Split)
2023-07-12 20:00 ET
Rush Enterprises, Inc. Conference Call Advisory for Second Quarter 2023 Earnings Results
2023-04-25 20:12 ET
Rush Enterprises, Inc. Reports First Quarter 2023 Results, Announces $0.21 per Share Dividend
2023-04-12 13:13 ET
Rush Enterprises, Inc. Conference Call Advisory for First Quarter 2023 Earnings Results
2023-02-15 21:05 ET
Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2022 Results, Announces $0.21 Per Share Dividend
2023-02-01 21:51 ET
Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year-End 2022 Earnings Results
2022-12-02 21:30 ET
Rush Enterprises, Inc. Adopts $150 Million Stock Repurchase Program
2022-10-25 20:30 ET
Rush Enterprises, Inc. Reports Third Quarter 2022 Results, Announces $0.21 Per Share Dividend
2022-10-11 13:03 ET
Rush Enterprises, Inc. Conference Call Advisory For Third Quarter 2022 Earnings Results
2022-10-05 17:47 ET
Rush Enterprises supports the Breast Cancer Research Foundation; Company launches limited-edition pink mudflaps in honor of Breast Cancer Awareness Month
2022-07-26 20:49 ET
Rush Enterprises, Inc. Reports Second Quarter 2022 Results, Announces $0.21 Per Share Dividend
2022-07-13 16:00 ET
Rush Enterprises, Inc. Conference Call Advisory for Second Quarter 2022 Earnings Results
2022-04-26 20:15 ET
Rush Enterprises, Inc. Reports First Quarter 2022 Results, Announces $0.19 Per Share Dividend
2022-04-12 13:19 ET
Rush Enterprises, Inc. Conference Call Advisory for First Quarter 2022 Earnings Results
2022-02-16 22:11 ET
Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2021 Results, Announces $0.19 Per Share Dividend
2022-02-02 14:28 ET
Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year-End 2021 Earnings Results
2022-01-18 13:57 ET
Cummins Completes 50 Percent Acquisition of Momentum Fuel Technologies from Rush Enterprises
2022-01-18 12:30 ET
Cummins Completes 50 Percent Acquisition of Momentum Fuel Technologies From Rush Enterprises
2021-12-14 22:00 ET
Rush Enterprises Acquires Certain Assets of Summit Truck Group
2021-11-30 22:25 ET
Rush Enterprises, Inc. Adopts $100 Million Stock Repurchase Program
2021-10-20 20:10 ET
Rush Enterprises, Inc. Reports Third Quarter 2021 Results, Announces $0.19 Per Share Dividend
2021-10-14 20:30 ET
Rush Enterprises announces changes to Board of Directors
2021-10-07 20:02 ET
Rush Enterprises, Inc. Conference Call Advisory for Third Quarter 2021 Earnings Results
2021-07-20 20:05 ET
Rush Enterprises, Inc. Reports Second Quarter 2021 Results, Announces $0.19 Per Share Dividend
2021-07-07 16:23 ET
Rush Enterprises, Inc. Conference Call Advisory for Second Quarter 2021 Earnings Results
2021-06-29 13:15 ET
Cummins to Acquire 50 Percent of Momentum Fuel Technologies From Rush Enterprises
2021-06-29 12:28 ET
Cummins to Acquire 50 Percent of Momentum Fuel Technologies From Rush Enterprises
2021-04-21 20:15 ET
Rush Enterprises, Inc. Reports First Quarter 2021 Results, Announces $0.18 Per Share Dividend
2021-04-07 15:24 ET
Rush Enterprises, Inc. Conference Call Advisory for First Quarter 2021 Earnings Results
2021-02-26 18:21 ET
Rush Enterprises announces retirement of Jim Thor, Senior Vice President of Sales and Marketing
2021-02-10 21:05 ET
Rush Enterprises, Inc. Reports Fourth Quarter and Year-end 2020 Results, Announces $0.18 Per Share Dividend
2021-01-21 16:44 ET
Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year End 2020 Earnings Results
2020-12-08 21:05 ET
Rush Enterprises, Inc. Adopts $100 Million Stock Repurchase Program and Announces Holiday Employee Gift
2020-12-04 15:33 ET
Rush Enterprises announces retirement of Steve Taylor, Vice President of Medium-Duty Truck and Bus Sales
2020-10-21 20:10 ET
Rush Enterprises, Inc. Reports Third Quarter 2020 Results, Announces $0.14 Per Share Dividend
2020-10-09 13:00 ET
Rush Enterprises, Inc. Conference Call Advisory for Third Quarter 2020 Earnings Results
2020-09-15 20:30 ET
Rush Enterprises Announces Three – For – Two Stock Split
2020-07-22 20:05 ET
Rush Enterprises, Inc. Reports Second Quarter 2020 Results, Announces $0.14 per Share Dividend
2020-07-06 20:05 ET
Rush Enterprises, Inc. Conference Call Advisory for Second Quarter 2020 Earnings Results
2020-05-15 16:06 ET
Rush Truck Centers salutes truckers as NASCAR returns to the track
2020-04-22 21:43 ET
Rush Enterprises, Inc. Reports First Quarter 2020 Results, Announces $0.13 Per Share Dividend
2020-04-08 20:10 ET
RUSH ENTERPRISES, INC. CONFERENCE CALL ADVISORY FOR FIRST QUARTER 2020 EARNINGS RESULTS
2020-03-25 21:40 ET
CORRECTION - Rush Enterprises Remains Open to Support Essential Functions During COVID-19 Pandemic and Provides Business Update
2020-03-25 20:30 ET
Rush Enterprises Remains Open to Support Essential Functions During COVID-19 Uncertainty
2020-02-12 22:36 ET
Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2019 Results, Announces $0.13 Per Share Dividend
2020-01-29 21:02 ET
Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year End 2019 Earnings Results
2019-12-03 21:45 ET
Rush Enterprises, Inc. Adopts $100 Million Stock Repurchase Program
2019-10-23 20:10 ET
Rush Enterprises, Inc. Reports Third Quarter 2019 Results, Announces $0.13 Per Share Dividend
2019-10-11 20:05 ET
Rush Enterprises, Inc. Conference Call Advisory for Third Quarter 2019 Earnings Results
2019-10-02 20:30 ET
Rush Enterprises, Inc. Appoints Elaine Mendoza to Its Board of Directors

SEC forms

Show financial reports only

SEC form 8
2024-04-23 18:19 ET
Rush Enterprises reported for 2024 q1
SEC form 8
2024-04-23 18:19 ET
Rush Enterprises published news for 2024 q1
SEC form 10
2024-02-23 15:47 ET
Rush Enterprises reported for 2023 q4
SEC form 8
2023-10-24 17:22 ET
Rush Enterprises reported for 2023 q3
SEC form 6
2023-07-25 17:05 ET
Rush Enterprises reported for 2023 q2
SEC form 6
2023-06-29 16:41 ET
Rush Enterprises published news for 2023 q1
SEC form 6
2023-06-06 17:07 ET
Rush Enterprises published news for 2023 q1