Rush Enterprises A Inc (RUSHA)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 461,055 | 508,624 | 313,683 | 151,723 | 189,523 |
| Revenue | US$ in thousands | 7,925,020 | 7,101,670 | 5,126,140 | 4,735,940 | 5,809,850 |
| Pretax margin | 5.82% | 7.16% | 6.12% | 3.20% | 3.26% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $461,055K ÷ $7,925,020K
= 5.82%
The pretax margin of Rush Enterprises A Inc has fluctuated over the past five years. In 2023, the pretax margin was 5.82%, showing a decrease from the previous year's 7.16%. Comparing to the margins in 2021 and 2020, the 2023 margin is still higher. However, there has been an overall improvement in the pretax margin since 2019, where it stood at 3.26%. This indicates that the company has been more effective in controlling its operating expenses and generating profits before taxes in recent years. Additional analysis of the company's cost structure and revenue generation may be necessary to further understand the factors driving these fluctuations in the pretax margin over time.
Peer comparison
Dec 31, 2023