Rush Enterprises A Inc (RUSHA)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 512,381 | 528,810 | 534,226 | 526,390 | 506,113 | 459,410 | 422,542 | 360,310 | 309,036 | 272,724 | 225,423 | 175,633 | 154,605 | 140,489 | 155,944 | 194,735 | 216,405 | 245,369 | 245,695 | 227,329 |
| Revenue (ttm) | US$ in thousands | 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 | 5,809,840 | 6,032,580 | 5,809,460 | 5,613,730 |
| Operating profit margin | 6.47% | 6.80% | 6.97% | 7.07% | 7.13% | 7.03% | 7.12% | 6.60% | 6.03% | 5.37% | 4.51% | 3.75% | 3.26% | 2.94% | 3.00% | 3.39% | 3.72% | 4.07% | 4.23% | 4.05% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $512,381K ÷ $7,925,020K
= 6.47%
The operating profit margin for Rush Enterprises A Inc has shown a generally improving trend over the past five quarters, with the margin increasing from 4.05% in Q1 2019 to 6.47% in Q4 2023. This indicates that the company has been able to efficiently control its operating expenses relative to its revenue over this period. However, it is important to note that there was a slight dip in the margin in Q1 2020 before the recovery and improvement in subsequent quarters.
The steady increase in the operating profit margin suggests that the company may have been able to enhance operational efficiency, control costs, or improve pricing strategies. This trend is generally positive as it indicates the company's ability to generate profit from its core business activities. Investors and stakeholders may view this trend favorably as it shows a strengthening financial performance over time. Further analysis could be conducted to understand the specific factors driving the improvements in the operating profit margin and to assess the sustainability of this trend in the future.
Peer comparison
Dec 31, 2023