Rush Enterprises A Inc (RUSHA)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 512,381 | 506,113 | 309,036 | 154,605 | 216,405 |
| Revenue | US$ in thousands | 7,925,020 | 7,101,670 | 5,126,140 | 4,735,940 | 5,809,850 |
| Operating profit margin | 6.47% | 7.13% | 6.03% | 3.26% | 3.72% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $512,381K ÷ $7,925,020K
= 6.47%
The operating profit margin of Rush Enterprises A Inc has shown a fluctuating trend over the past five years. In 2023, the operating profit margin was 6.47%, which was a slight decrease from the previous year's margin of 7.13%. However, compared to 2021 and 2020, the operating profit margin in 2023 was higher, indicating an improvement in the company's operating efficiency.
Despite the fluctuations, the operating profit margin has generally shown an upward trend from 2019 to 2023, reflecting the company's ability to generate higher profits from its core operations. This suggests that Rush Enterprises A Inc has been able to effectively manage its operating costs and improve its profitability over the years.
Overall, the operating profit margin of Rush Enterprises A Inc demonstrates a mixed performance over the five-year period, with fluctuations in certain years but showing an overall improvement in profitability through better operational efficiency.
Peer comparison
Dec 31, 2023