Rush Enterprises A Inc (RUSHA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 468,090 | 512,381 | 506,113 | 309,036 | 154,605 |
| Total assets | US$ in thousands | 4,617,550 | 4,364,240 | 3,821,070 | 3,119,980 | 2,985,390 |
| Operating ROA | 10.14% | 11.74% | 13.25% | 9.91% | 5.18% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $468,090K ÷ $4,617,550K
= 10.14%
Rush Enterprises A Inc has shown an improvement in its operating return on assets (ROA) over the years. The operating ROA increased from 5.18% in December 31, 2020, to 9.91% in December 31, 2021, indicating a positive trend in the company's operating efficiency and profitability. The ROA continued to rise to 13.25% in December 31, 2022, reflecting the company's ability to generate higher operating income relative to its assets.
However, there was a slight decline in the operating ROA to 11.74% in December 31, 2023, which may indicate some challenges or fluctuations in the company's operational performance during that period. Nonetheless, Rush Enterprises A Inc managed to maintain a respectable operating ROA of 10.14% by December 31, 2024, demonstrating its ability to effectively utilize its assets to generate operating profits.
Overall, the fluctuation in the operating ROA of Rush Enterprises A Inc highlights the importance of closely monitoring and analyzing the company's operational efficiency and asset utilization to ensure sustained profitability and value creation for its stakeholders.
Peer comparison
Dec 31, 2024