Rush Enterprises A Inc (RUSHA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 304,153 | 347,055 | 391,382 | 241,415 | 114,887 |
| Revenue | US$ in thousands | 7,804,750 | 7,925,020 | 7,101,670 | 5,126,140 | 4,735,940 |
| Net profit margin | 3.90% | 4.38% | 5.51% | 4.71% | 2.43% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $304,153K ÷ $7,804,750K
= 3.90%
Based on the provided data, Rush Enterprises A Inc's net profit margin has shown some fluctuations over the past five years. The net profit margin increased from 2.43% as of December 31, 2020, to 5.51% as of December 31, 2022, which indicates an improvement in the company's profitability efficiency during that period.
However, in the following years, there was a slight decline in the net profit margin. By December 31, 2024, the net profit margin stood at 3.90%, down from the peak in 2022. This downward trend suggests potential challenges or changes in the company's operations that may have impacted its profitability.
Overall, despite the fluctuations, Rush Enterprises A Inc has managed to maintain a positive net profit margin throughout the period, indicating that the company is generating profits after all expenses have been deducted. Monitoring the net profit margin over time can help identify trends in the company's profitability and assess its financial health.
Peer comparison
Dec 31, 2024