OverviewSuggest Edit

Rush Enterprises is a company providing commercial vehicles and related services. It operates a network of dealerships under the Rush Truck Centers name. The company provides new and used commercial vehicles and aftermarket parts, as well as service and repair, financing, leasing and rental services. In addition, it offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers. Rush Enterprises also offers equipment installation and repair, new vehicle pre-delivery inspection, truck modification, and natural gas fuel system installation services, as well as sells tires for use on commercial vehicles.

TypePublic
Founded1965
HQNew Braunfels, TX, US
Websiterushenterprises.com
Employee Ratings3.5
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)7,244
Job Openings446
Revenue (FY, 2020)$4.7 B(-18%)
Share Price (Sept 2021)$40.5(-2%)
Cybersecurity ratingBMore

Key People/Management at Rush Enterprises

W.M. Rusty Rush

W.M. Rusty Rush

Chairman of the Board, President, and Chief Executive Officer
Michael McRoberts

Michael McRoberts

Chief Operating Officer
Steven Keller

Steven Keller

Chief Financial Officer and Treasurer
Scott Anderson

Scott Anderson

Senior Vice President, Finance, Insurance and Leasing
Jody Pollard

Jody Pollard

Senior Vice President, Operations
Derrek Weaver

Derrek Weaver

Executive Vice President
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Rush Enterprises Office Locations

Rush Enterprises has an office in New Braunfels
New Braunfels, TX, US (HQ)
555 I-35 #500
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Rush Enterprises Financials and Metrics

Rush Enterprises Revenue

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Rush Enterprises's revenue was reported to be $4.74 b in FY, 2020
USD

Revenue (Q1, 2021)

1.2b

Gross profit (Q1, 2021)

244.8m

Gross profit margin (Q1, 2021), %

19.9%

Net income (Q1, 2021)

45.3m

EBIT (Q1, 2021)

56.2m

Market capitalization (8-Sept-2021)

2.5b

Closing stock price (8-Sept-2021)

40.5

Cash (31-Mar-2021)

316.1m

EV

2.7b
Rush Enterprises's current market capitalization is $2.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.7b5.5b5.8b4.7b

Revenue growth, %

12%17%6%

Cost of goods sold

3.9b4.5b4.8b3.9b

Gross profit

829.9m978.3m1.0b875.5m
Quarterly
USDQ2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.2b1.2b1.3b1.4b1.3b1.5b1.6b1.3b1.0b1.2b1.2b

Cost of goods sold

994.5m1.0b1.1b1.1b1.1b1.3b1.3b1.1b810.2m966.1m987.0m

Gross profit

209.1m227.0m243.4m249.1m256.9m269.5m264.8m234.5m192.3m212.5m244.8m

Gross profit Margin, %

17%18%18%18%19%17%17%18%19%18%20%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

124.5m131.7m181.6m312.0m

Accounts Receivable

183.9m190.7m183.7m172.5m

Prepaid Expenses

12.0m10.5m20.7m14.9m

Inventories

1.0b1.3b1.3b858.3m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

172.1m139.1m141.6m114.9m

Depreciation and Amortization

158.0m185.1m175.5m177.3m

Inventories

(147.5m)(255.0m)81.7m536.7m

Accounts Payable

9.0m18.5m2.2m(23.3m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

21.0m50.4m92.1m37.1m78.7m117.8m23.1m39.9m73.9m45.3m

Depreciation and Amortization

51.1m101.0m142.6m41.8m85.0m129.6m45.2m89.9m134.0m42.6m

Inventories

5.7m(65.6m)(200.7m)(106.3m)(136.6m)5.7m153.6m358.9m439.2m(1.8m)

Accounts Payable

12.9m41.2m26.2m19.8m15.7m9.8m(11.7m)(36.1m)(24.9m)23.9m
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Rush Enterprises Operating Metrics

Rush Enterprises's Vehicles Sold was reported to be 7.9 k in Q3, 2020.
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Rush Enterprises Acquisitions / Subsidiaries

Company NameDateDeal Size
Transwest Truck Center Las VegasMay 27, 2016
Peterbilt of Las VegasSeptember 28, 2015
Dallas Truck CenterJuly 27, 2015
Yancey Truck CentersMay 04, 2015
Effingham Truck SalesFebruary 09, 2015
North Florida Truck PartsDecember 08, 2014$4.2 m
House of TrucksNovember 03, 2014
The House of TrucksNovember 03, 2014
Truck Parts DepotJuly 01, 2014
Prairie International TrucksOctober 28, 2013
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Rush Enterprises Revenue Breakdown

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Rush Enterprises revenue breakdown by business segment: 99.7% from Truck Segment and 0.3% from Other

Rush Enterprises Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Rush Enterprises Online and Social Media Presence

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Rush Enterprises Company Culture

  • Overall Culture

    F

    28/100

  • CEO Rating

    A-

    75/100

  • Compensation

    D-

    48/100

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Rush Enterprises News and Updates

Rush Enterprises, Inc. Reports Second Quarter 2021 Results, Announces $0.19 Per Share Dividend

SAN ANTONIO, July 20, 2021 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended June 30, 2021, the Company achieved revenues of $1.316 billion and ne…

Cummins to Acquire 50 Percent of Momentum Fuel Technologies From Rush Enterprises

DALLAS and FORT WORTH, Texas and COLUMBUS, Indiana , June 29, 2021 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have signed a Letter of Intent for Cummins to acquire a 50% equity interest in Momentum Fuel Technologies…

Rush Enterprises, Inc. Reports Fourth Quarter and Year-end 2020 Results, Announces $0.18 Per Share Dividend

SAN ANTONIO, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2020, the Company achieved revenues of $4.7 billion and net…

Rush Enterprises, Inc. Adopts $100 Million Stock Repurchase Program and Announces Holiday Employee Gift

SAN ANTONIO, Texas, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (Nasdaq:RUSHA) (Nasdaq:RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its Board of Directors approved a new stock repurchase program authorizing the Com…

Rush Enterprises, Inc. Conference Call Advisory for Third Quarter 2020 Earnings Results

SAN ANTONIO, Oct. 09, 2020 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the third quarter of 2020 on Thursday, October 22, 2020 at 1…

Rush Enterprises Announces Three – For – Two Stock Split

SAN ANTONIO, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, announced today that its Board of Directors declared a three-for-two stock split with respect to both the Compa…
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Rush Enterprises Frequently Asked Questions

  • When was Rush Enterprises founded?

    Rush Enterprises was founded in 1965.

  • Who are Rush Enterprises key executives?

    Rush Enterprises's key executives are W.M. Rusty Rush, Michael McRoberts and Steven Keller.

  • How many employees does Rush Enterprises have?

    Rush Enterprises has 7,244 employees.

  • What is Rush Enterprises revenue?

    Latest Rush Enterprises annual revenue is $4.7 b.

  • What is Rush Enterprises revenue per employee?

    Latest Rush Enterprises revenue per employee is $653.8 k.

  • Who are Rush Enterprises competitors?

    Competitors of Rush Enterprises include Penske Truck Leasing, Covenant Transport and Penske Automotive Group.

  • Where is Rush Enterprises headquarters?

    Rush Enterprises headquarters is located at 555 I-35 #500, New Braunfels.

  • Where are Rush Enterprises offices?

    Rush Enterprises has an office in New Braunfels.

  • How many offices does Rush Enterprises have?

    Rush Enterprises has 1 office.