Rush Enterprises A Inc (RUSHA)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 304,153 | 347,055 | 391,382 | 241,415 | 114,887 |
| Total stockholders’ equity | US$ in thousands | 2,141,550 | 1,870,880 | 1,744,490 | 1,466,750 | 1,268,040 |
| ROE | 14.20% | 18.55% | 22.44% | 16.46% | 9.06% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $304,153K ÷ $2,141,550K
= 14.20%
Rush Enterprises A Inc's return on equity (ROE) has shown a positive trend over the years, increasing from 9.06% in December 2020 to 16.46% in December 2021, further rising to 22.44% in December 2022. However, there was a slight decline in ROE to 18.55% in December 2023 and a further decrease to 14.20% in December 2024. This indicates that the company's ability to generate profit from the shareholders' equity has improved significantly from 2020 to 2022 but faced some challenges in the subsequent years. It would be important for stakeholders to further investigate the reasons behind the fluctuations in ROE to ensure sustainable performance in the future.
Peer comparison
Dec 31, 2024