Rush Enterprises A Inc (RUSHA)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,531,416 | 1,547,373 | 1,562,737 | 1,584,196 | 1,593,090 | 1,593,127 | 1,580,120 | 1,540,488 | 1,487,159 | 1,395,461 | 1,296,358 | 1,192,924 | 1,092,298 | 1,034,074 | 964,231 | 885,780 | 875,467 | 873,722 | 926,038 | 1,003,213 |
| Revenue (ttm) | US$ in thousands | 7,804,750 | 7,824,620 | 7,909,230 | 7,885,250 | 7,925,020 | 7,778,500 | 7,662,050 | 7,450,240 | 7,101,670 | 6,530,530 | 5,932,760 | 5,457,540 | 5,126,150 | 5,082,550 | 4,994,600 | 4,681,090 | 4,735,940 | 4,785,440 | 5,206,130 | 5,748,180 |
| Gross profit margin | 19.62% | 19.78% | 19.76% | 20.09% | 20.10% | 20.48% | 20.62% | 20.68% | 20.94% | 21.37% | 21.85% | 21.86% | 21.31% | 20.35% | 19.31% | 18.92% | 18.49% | 18.26% | 17.79% | 17.45% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,531,416K ÷ $7,804,750K
= 19.62%
Based on the data provided, Rush Enterprises A Inc's gross profit margin has shown fluctuation over the past few years. The gross profit margin started at 17.45% on March 31, 2020, and gradually increased to a peak of 21.86% on March 31, 2022. Subsequently, the margin slightly decreased to 19.62% by December 31, 2024.
Overall, Rush Enterprises A Inc has maintained a range of gross profit margins between 17%-22% over the analyzed period. The general upward trend from 2020 to 2022 indicates improved efficiency in generating profits from sales. However, the slight decrease in the margin towards the end of the period may suggest challenges in maintaining profitability levels or changes in cost structures.
It is essential for the company to continue monitoring its gross profit margin to ensure sustainable profitability and efficiency in managing costs and pricing strategies. Further analysis of the underlying factors affecting the fluctuation in the gross profit margin could provide valuable insights for strategic decision-making and performance improvement.
Peer comparison
Dec 31, 2024