Rush Enterprises A Inc (RUSHA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.10% | 20.48% | 20.62% | 20.68% | 20.94% | 21.37% | 21.85% | 21.86% | 21.31% | 20.35% | 19.31% | 18.92% | 18.49% | 18.26% | 17.79% | 17.45% | 17.65% | 17.41% | 17.80% | 17.96% |
| 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% |
| Pretax margin | 5.82% | 6.23% | 6.49% | 6.81% | 7.16% | 7.21% | 7.46% | 6.92% | 6.12% | 5.45% | 4.58% | 3.77% | 3.20% | 2.75% | 2.68% | 2.99% | 3.26% | 3.62% | 3.79% | 3.65% |
| Net profit margin | 4.38% | 4.72% | 4.93% | 5.23% | 5.51% | 5.54% | 5.74% | 5.29% | 4.71% | 4.21% | 3.57% | 2.93% | 2.43% | 2.04% | 1.97% | 2.22% | 2.44% | 2.73% | 2.88% | 2.76% |
Rush Enterprises A Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has ranged from 17.45% to 21.85%, with a recent decrease to 20.10% as of December 31, 2023. The operating profit margin has also varied, ranging from 2.94% to 7.13%, with a recent increase to 6.47% as of December 31, 2023. The pretax margin has shown a similar pattern, fluctuating between 2.68% and 7.46%, with a recent decline to 5.82% as of December 31, 2023. The net profit margin has also fluctuated, ranging from 1.97% to 5.74%, with a recent decrease to 4.38% as of December 31, 2023.
Overall, while Rush Enterprises A Inc's profitability ratios demonstrate some variability, there is a general trend of stability in the gross profit margin, while the operating profit margin and net profit margin have experienced more fluctuations. It would be beneficial for the company to closely monitor and manage its operational expenses to improve profitability in the upcoming periods.
Return on investment
| 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 return on assets (Operating ROA) | 11.74% | 12.54% | 12.95% | 13.26% | 13.25% | 12.28% | 11.52% | 10.85% | 9.91% | 9.82% | 7.74% | 5.84% | 5.18% | 4.67% | 5.09% | 6.01% | 6.35% | 7.21% | 6.96% | 6.64% |
| Return on assets (ROA) | 7.95% | 8.71% | 9.15% | 9.81% | 10.24% | 9.66% | 9.29% | 8.69% | 7.74% | 7.70% | 6.12% | 4.56% | 3.85% | 3.24% | 3.35% | 3.93% | 4.16% | 4.84% | 4.74% | 4.53% |
| Return on total capital | 22.53% | 25.26% | 25.37% | 25.88% | 26.16% | 24.60% | 22.30% | 20.20% | 17.55% | 16.21% | 13.71% | 10.85% | 9.75% | 9.11% | 10.14% | 12.53% | 13.77% | 15.57% | 15.77% | 15.03% |
| Return on equity (ROE) | 18.55% | 19.34% | 20.20% | 21.50% | 22.44% | 21.82% | 21.15% | 18.67% | 16.46% | 15.13% | 13.11% | 10.47% | 9.06% | 7.96% | 8.66% | 10.95% | 12.21% | 14.49% | 15.03% | 14.32% |
Over the past five years, Rush Enterprises A Inc has displayed varying levels of profitability as evidenced by its profitability ratios.
1. Operating Return on Assets (Operating ROA):
The trend in Operating ROA shows an improvement from 5.18% in the first quarter of 2021 to 13.26% in the first quarter of 2023, before slightly declining to 11.74% by the end of 2023. This indicates that the company's operating performance relative to its total assets has been generally positive, although there was a slight dip in the most recent quarter.
2. Return on Assets (ROA):
ROA has followed a similar trajectory to Operating ROA, reflecting an increase from 3.24% in the first quarter of 2021 to 9.81% by the end of 2023. This suggests that Rush Enterprises A Inc has been effectively utilizing its assets to generate profits over the period under review.
3. Return on Total Capital:
The trend in Return on Total Capital indicates steady growth in profitability, rising from 9.11% in the first quarter of 2021 to 25.88% by the end of 2023. This suggests that the company has been successful in generating returns on both equity and debt capital employed in its operations.
4. Return on Equity (ROE):
ROE has also demonstrated improvement over the years, increasing from 7.96% in the first quarter of 2020 to 21.50% by the end of 2023. This indicates that Rush Enterprises A Inc has been rewarding its equity shareholders with higher returns on their investment.
Overall, the profitability ratios of Rush Enterprises A Inc show a positive trend with improvements in operating efficiency, asset utilization, and returns to both capital providers and equity investors. However, the company should continue monitoring these ratios to ensure sustained profitability and value creation for its stakeholders.