Rush Enterprises A Inc (RUSHA)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 20.10% | 20.94% | 21.31% | 18.49% | 17.65% |
| Operating profit margin | 6.47% | 7.13% | 6.03% | 3.26% | 3.72% |
| Pretax margin | 5.82% | 7.16% | 6.12% | 3.20% | 3.26% |
| Net profit margin | 4.38% | 5.51% | 4.71% | 2.43% | 2.44% |
Rush Enterprises A Inc has demonstrated a consistent trend of improving gross profit margins over the past five years, with a slight dip in 2020 followed by a recovery in subsequent years. This indicates the company's effective management of its cost of goods sold relative to its revenue.
In terms of operating profit margins, there is variability in performance, with a peak in 2022 followed by a lower margin in 2023. This suggests that while the company has been successful in generating operating income, there may be fluctuations in operational efficiency or cost control measures.
The pretax margins have shown fluctuations over the years, with a significant increase in 2022 followed by a slight decrease in the most recent year. This indicates the impact of factors such as interest expenses, non-operating income, or tax management strategies on the company's profitability.
Net profit margins have also exhibited variability, with an increasing trend from 2019 to 2022, followed by a decrease in 2023. This metric reflects the company's ability to generate profits after accounting for all expenses, including taxes.
Overall, Rush Enterprises A Inc has shown a generally positive trend in profitability ratios over the past five years, with fluctuations in performance in certain years. It is crucial for the company to continue monitoring and optimizing its operations to sustain and improve its profitability levels in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.74% | 13.25% | 9.91% | 5.18% | 6.35% |
| Return on assets (ROA) | 7.95% | 10.24% | 7.74% | 3.85% | 4.16% |
| Return on total capital | 22.53% | 26.16% | 17.55% | 9.75% | 13.77% |
| Return on equity (ROE) | 18.55% | 22.44% | 16.46% | 9.06% | 12.21% |
Rush Enterprises A Inc has demonstrated a consistent improvement in its operating return on assets (Operating ROA) over the past five years, with an average of 9.68%. This indicates the company's ability to generate operating income relative to its total assets, showing efficiency in its asset utilization over time.
The return on assets (ROA) has also shown a positive trend, averaging 6.79% during the same period. This ratio reflects the company's overall profitability in generating earnings from its total assets, and Rush Enterprises A Inc has shown a gradual increase in this aspect.
The return on total capital has been volatile, but generally increasing over the years, with an average of 17.95%. This ratio indicates how efficiently the company is generating profits from its total invested capital, including both debt and equity. The increasing trend suggests the company's ability to effectively utilize its capital to generate returns for its investors.
Rush Enterprises A Inc's return on equity (ROE) has shown steady growth over the past five years, averaging 15.54%. This ratio measures the company's profitability in relation to its shareholders' equity, indicating how well the company is utilizing shareholder investments to generate profits. The increasing ROE reflects the company's ability to provide higher returns to its equity investors over time.
Overall, Rush Enterprises A Inc's profitability ratios demonstrate a positive trend, showing consistent improvements in operating efficiency, overall profitability, capital utilization, and returns to shareholders over the past five years.