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Rush Enterprises

Nasdaq:RUSH.B
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RUSH.B
Nasdaq
$1B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The last earnings update was 38 days ago. More info.


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RUSH.B Share Price and Events
7 Day Returns
0.5%
NasdaqGS:RUSH.B
-1.2%
US Trade Distributors
0.3%
US Market
1 Year Returns
-15%
NasdaqGS:RUSH.B
-12.3%
US Trade Distributors
0.7%
US Market
RUSH.B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rush Enterprises (RUSH.B) 0.5% -3% -9.9% -15% 72.4% 21.2%
US Trade Distributors -1.2% -1.6% -1.2% -12.3% 27.4% 2.9%
US Market 0.3% 0.4% 0.6% 0.7% 37.2% 37.4%
1 Year Return vs Industry and Market
  • RUSH.B underperformed the Trade Distributors industry which returned -12.3% over the past year.
  • RUSH.B underperformed the Market in United States of America which returned 0.7% over the past year.
Price Volatility
RUSH.B
Industry
5yr Volatility vs Market

RUSH.B Value

 Is Rush Enterprises undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rush Enterprises to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rush Enterprises.

NasdaqGS:RUSH.B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:RUSH.B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.916 (1 + (1- 21%) (144.85%))
1.645
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.65
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.645 * 5.96%)
12.54%

Discounted Cash Flow Calculation for NasdaqGS:RUSH.B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rush Enterprises is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:RUSH.B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.54%)
2019 101.97 Analyst x3 90.61
2020 120.78 Analyst x4 95.37
2021 123.00 Analyst x1 86.30
2022 125.58 Est @ 2.1% 78.30
2023 128.45 Est @ 2.29% 71.17
2024 131.56 Est @ 2.42% 64.77
2025 134.87 Est @ 2.51% 59.00
2026 138.34 Est @ 2.58% 53.78
2027 141.97 Est @ 2.62% 49.04
2028 145.74 Est @ 2.66% 44.74
Present value of next 10 years cash flows $693.08
NasdaqGS:RUSH.B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $145.74 × (1 + 2.73%) ÷ (12.54% – 2.73%)
$1,526.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,526.85 ÷ (1 + 12.54%)10
$468.68
NasdaqGS:RUSH.B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $693.08 + $468.68
$1,161.76
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,161.76 / 36.66
$31.69
NasdaqGS:RUSH.B Discount to Share Price
Calculation Result
Value per share (USD) From above. $31.69
Current discount Discount to share price of $37.09
= -1 x ($37.09 - $31.69) / $31.69
-17%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Rush Enterprises is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rush Enterprises's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rush Enterprises's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:RUSH.B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $4.03
NasdaqGS:RUSH.B Share Price ** NasdaqGS (2019-06-17) in USD $37.09
United States of America Trade Distributors Industry PE Ratio Median Figure of 42 Publicly-Listed Trade Distributors Companies 15.67x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rush Enterprises.

NasdaqGS:RUSH.B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:RUSH.B Share Price ÷ EPS (both in USD)

= 37.09 ÷ 4.03

9.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rush Enterprises is good value based on earnings compared to the US Trade Distributors industry average.
  • Rush Enterprises is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Rush Enterprises's expected growth come at a high price?
Raw Data
NasdaqGS:RUSH.B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
-9.3%per year
United States of America Trade Distributors Industry PEG Ratio Median Figure of 33 Publicly-Listed Trade Distributors Companies 1.22x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NasdaqGS:RUSH.B PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.21x ÷ -9.3%

-0.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rush Enterprises earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rush Enterprises's assets?
Raw Data
NasdaqGS:RUSH.B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $29.56
NasdaqGS:RUSH.B Share Price * NasdaqGS (2019-06-17) in USD $37.09
United States of America Trade Distributors Industry PB Ratio Median Figure of 53 Publicly-Listed Trade Distributors Companies 1.48x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
NasdaqGS:RUSH.B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:RUSH.B Share Price ÷ Book Value per Share (both in USD)

= 37.09 ÷ 29.56

1.25x

* Primary Listing of Rush Enterprises.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rush Enterprises is good value based on assets compared to the US Trade Distributors industry average.
X
Value checks
We assess Rush Enterprises's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Rush Enterprises has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RUSH.B Future Performance

 How is Rush Enterprises expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-9.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rush Enterprises expected to grow at an attractive rate?
  • Rush Enterprises's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Rush Enterprises's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Rush Enterprises's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:RUSH.B Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:RUSH.B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts -9.3%
NasdaqGS:RUSH.B Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts -5.6%
United States of America Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 15.5%
United States of America Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:RUSH.B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:RUSH.B Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,206 322 129 2
2020-12-31 5,092 352 135 8
2019-12-31 5,646 353 154 8
NasdaqGS:RUSH.B Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 5,614 58 155
2018-12-31 5,506 215 139
2018-09-30 5,174 185 198
2018-06-30 5,055 212 186
2018-03-31 4,910 233 179
2017-12-31 4,714 153 172
2017-09-30 4,527 305 79
2017-06-30 4,366 429 64
2017-03-31 4,189 457 53
2016-12-31 4,215 521 41
2016-09-30 4,355 515 38
2016-06-30 4,553 388 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Rush Enterprises's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Rush Enterprises's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:RUSH.B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Rush Enterprises Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:RUSH.B Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
NasdaqGS:RUSH.B Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 4.03
2018-12-31 3.55
2018-09-30 5.00
2018-06-30 4.69
2018-03-31 4.50
2017-12-31 4.34
2017-09-30 1.99
2017-06-30 1.62
2017-03-31 1.33
2016-12-31 1.02
2016-09-30 0.94
2016-06-30 1.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Rush Enterprises is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Rush Enterprises's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rush Enterprises has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RUSH.B Past Performance

  How has Rush Enterprises performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rush Enterprises's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rush Enterprises has delivered over 20% year on year earnings growth in the past 5 years.
  • Rush Enterprises's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Rush Enterprises's 1-year earnings growth is negative, it can't be compared to the US Trade Distributors industry average.
Earnings and Revenue History
Rush Enterprises's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rush Enterprises Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:RUSH.B Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 5,613.73 155.13 720.74
2018-12-31 5,506.19 139.06 705.23
2018-09-30 5,173.85 197.96 689.75
2018-06-30 5,055.17 186.08 671.62
2018-03-31 4,909.87 178.69 652.32
2017-12-31 4,713.88 172.13 631.05
2017-09-30 4,527.05 78.75 605.46
2017-06-30 4,365.63 63.85 588.46
2017-03-31 4,188.57 52.67 575.58
2016-12-31 4,214.61 40.58 579.53
2016-09-30 4,355.16 37.91 587.67
2016-06-30 4,553.20 42.91 606.16
2016-03-31 4,857.04 51.67 620.99
2015-12-31 4,979.73 66.05 619.27
2015-09-30 5,163.12 80.87 616.44
2015-06-30 5,110.07 84.46 603.90
2015-03-31 4,962.22 84.72 591.85
2014-12-31 4,727.36 79.96 573.67
2014-09-30 4,307.33 70.19 546.69
2014-06-30 3,979.37 61.89 524.11
2014-03-31 3,586.58 47.68 482.68
2013-12-31 3,384.71 49.22 450.34
2013-09-30 3,191.79 48.58 421.36
2013-06-30 3,023.86 48.31 386.96
2013-03-31 3,070.03 60.10 370.82
2012-12-31 3,090.57 62.46 361.73
2012-09-30 3,134.39 67.62 357.53
2012-06-30 3,085.70 68.76 345.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Rush Enterprises has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Rush Enterprises used its assets less efficiently than the US Trade Distributors industry average last year based on Return on Assets.
  • Rush Enterprises has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Rush Enterprises's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rush Enterprises has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RUSH.B Health

 How is Rush Enterprises's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rush Enterprises's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rush Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Rush Enterprises's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rush Enterprises's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rush Enterprises Company Filings, last reported 2 months ago.

NasdaqGS:RUSH.B Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,083.42 1,905.41 126.57
2018-12-31 1,066.93 1,693.31 131.73
2018-09-30 1,089.16 1,661.65 205.57
2018-06-30 1,060.08 1,533.16 148.32
2018-03-31 1,031.67 1,481.02 131.71
2017-12-31 1,040.37 1,473.23 124.54
2017-09-30 934.12 1,380.08 127.92
2017-06-30 894.88 1,354.67 123.81
2017-03-31 881.35 1,358.66 89.07
2016-12-31 862.83 1,334.66 82.03
2016-09-30 853.17 1,425.52 91.70
2016-06-30 846.01 1,545.51 92.66
2016-03-31 852.20 1,548.70 72.66
2015-12-31 844.90 1,586.28 64.85
2015-09-30 832.18 1,581.88 64.92
2015-06-30 808.20 1,518.82 72.95
2015-03-31 784.60 1,544.73 47.28
2014-12-31 764.34 1,481.72 191.46
2014-09-30 738.78 1,318.53 144.73
2014-06-30 711.60 1,272.18 130.96
2014-03-31 681.95 1,225.81 94.37
2013-12-31 665.38 1,122.92 217.31
2013-09-30 655.60 1,082.39 166.26
2013-06-30 640.17 1,041.08 203.53
2013-03-31 632.89 956.56 205.05
2012-12-31 607.95 986.07 198.77
2012-09-30 591.48 1,001.16 230.30
2012-06-30 574.69 1,038.70 169.01
  • Rush Enterprises's level of debt (171%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (179.7% vs 171% today).
  • Debt is not well covered by operating cash flow (3.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.5x coverage).
X
Financial health checks
We assess Rush Enterprises's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rush Enterprises has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RUSH.B Dividends

 What is Rush Enterprises's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.29%
Current annual income from Rush Enterprises dividends.
If you bought $2,000 of Rush Enterprises shares you are expected to receive $26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Rush Enterprises's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Rush Enterprises's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:RUSH.B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:RUSH.B Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
NasdaqGS:RUSH.B Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-10 0.480 1.277
2019-04-24 0.480 1.130
2019-02-25 0.480 1.155
2019-02-13 0.480 1.148
2018-11-09 0.480 1.287
2018-10-23 0.480 1.316
2018-08-09 0.480 1.180
2018-07-24 0.480 1.092

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Rush Enterprises has stable dividend payments.
  • Rush Enterprises only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Rush Enterprises's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (11.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rush Enterprises's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rush Enterprises afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rush Enterprises has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RUSH.B Management

 What is the CEO of Rush Enterprises's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rusty Rush
COMPENSATION $7,289,017
AGE 59
TENURE AS CEO 13.3 years
CEO Bio

Mr. W. Marvin Rush, also known as Rusty, has been the Chief Executive Officer of Rush Enterprises, Inc. since February 24, 2006 and President since November 1995. Mr. Rush serves as the President of Rush Truck Leasing, Inc. He served as the Chief Operating Officer of Rush Enterprises, Inc. from December 2001 to February 2006 and also served as Vice President and Executive Vice President from 1990 to November 1995. For several years he has overseen Rush Enterprises Inc.'s heavy-duty truck segment. He is responsible for all operations of Rush Enterprises Inc. He has been Chairman of the Board at Rush Enterprises, Inc. since May 2013 and has been its Director since 1996. He serves as the Chairman of Rush Truck Centers Of California Inc. and Rush Truck Centers Of Colorado, Inc. He serves as a Director of TexStar National Bank N.A.

CEO Compensation
  • Rusty's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Rusty's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Rush Enterprises management team in years:

9.1
Average Tenure
54.5
Average Age
  • The average tenure for the Rush Enterprises management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rusty Rush

TITLE
Chairman of the Board
COMPENSATION
$7M
AGE
59
TENURE
13.3 yrs

Steve Keller

TITLE
CFO & Treasurer
COMPENSATION
$2M
AGE
48
TENURE
12.3 yrs

Michael McRoberts

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
59
TENURE
2.9 yrs

James Thor

TITLE
Senior Vice President of Truck Sales & Marketing
COMPENSATION
$2M
AGE
60
TENURE
15 yrs

Derrek Weaver

TITLE
Executive Vice President
COMPENSATION
$2M
AGE
45
TENURE
9.2 yrs

Michael Goldstone

TITLE
VP, General Counsel & Corporate Secretary
TENURE
2.3 yrs

Karen Konecny

TITLE
Vice President of Marketing & Communications
TENURE
8.8 yrs

Scott Anderson

TITLE
Senior Vice President of Finance
AGE
60
TENURE
13.3 yrs

Rich Ryan

TITLE
Senior Vice President of Navistar Dealerships
AGE
50
TENURE
9.1 yrs

Corey Lowe

TITLE
Senior Vice President of Peterbilt Dealerships
AGE
42
TENURE
8.1 yrs
Board of Directors Tenure

Average tenure and age of the Rush Enterprises board of directors in years:

5.8
Average Tenure
59.5
Average Age
  • The tenure for the Rush Enterprises board of directors is about average.
Board of Directors

Rusty Rush

TITLE
Chairman of the Board
COMPENSATION
$7M
AGE
59
TENURE
6.1 yrs

Thomas Akin

TITLE
Independent Director
COMPENSATION
$230K
AGE
63
TENURE
14.8 yrs

Ray Chess

TITLE
Director
COMPENSATION
$215K
AGE
60
TENURE
5.4 yrs

Bill Cary

TITLE
Independent Director
COMPENSATION
$210K
AGE
59
TENURE
4.4 yrs

James Underwood

TITLE
Director
COMPENSATION
$215K
AGE
74
TENURE
11.3 yrs

Kennon Guglielmo

TITLE
Director
COMPENSATION
$210K
AGE
51
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
31. Jul 18 Sell GAMCO Investors, Inc. Company 05. Jun 18 25. Jul 18 -1,900 $42.60 $-63,556
X
Management checks
We assess Rush Enterprises's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rush Enterprises has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RUSH.B News

Simply Wall St News

Should We Be Delighted With Rush Enterprises, Inc.'s (NASDAQ:RUSH.B) ROE Of 14%?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Rush Enterprises: 14% = US$155m ÷ US$1.1b (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does Rush Enterprises Have A Good Return On Equity? … Combining Rush Enterprises's Debt And Its 14% Return On Equity Rush Enterprises does use a significant amount of debt to increase returns.

Simply Wall St -

Does Rush Enterprises, Inc.'s (NASDAQ:RUSH.B) CEO Pay Reflect Performance?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … Check out our latest analysis for Rush Enterprises How Does Rusty Rush's Compensation Compare With Similar Sized Companies? … Thus we can conclude that Rusty Rush receives more in total compensation than the median of a group of companies in the same market, and of similar size to Rush Enterprises, Inc..

Simply Wall St -

Shareholders Are Thrilled That The Rush Enterprises (NASDAQ:RUSH.B) Share Price Increased 119%

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Rush Enterprises was able to grow its EPS at 47% per year over three years, sending the share price higher.

Simply Wall St -

Does Rush Enterprises, Inc. (NASDAQ:RUSH.B) Have A High Beta?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Is Rush Enterprises, Inc.'s (NASDAQ:RUSH.B) P/E Ratio Really That Good?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … We'll apply a basic P/E ratio analysis to Rush Enterprises, Inc.'s (NASDAQ:RUSH.B), to help you decide if the stock is worth further research. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Read This Before Buying Rush Enterprises, Inc. (NASDAQ:RUSH.B) For Its Dividend

Let's take a look at Rush Enterprises in more detail. … Check out our latest analysis for Rush Enterprises … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:

Simply Wall St -

Is Rush Enterprises, Inc.'s (NASDAQ:RUSH.B) ROE Of 13% Impressive?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Rush Enterprises has a return on equity of 13% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Should We Expect From Rush Enterprises, Inc.'s (NASDAQ:RUSH.B) Earnings In The Next Couple Of Years?

Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … Rush Enterprises, Inc.'s (NASDAQ:RUSH.B) most recent earnings update in December 2018

Simply Wall St -

Should You Like Rush Enterprises, Inc.’s (NASDAQ:RUSH.B) High Return On Capital Employed?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

How Rush Enterprises, Inc. (NASDAQ:RUSH.B) Could Add Value To Your Portfolio

By this I mean, I look at stocks holistically, from their financial health to their future outlook. … is a company with great financial health as well as a. … If you're interested in understanding beyond my broad commentary,

Simply Wall St -

RUSH.B Company Info

Description

Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus, or Blue Bird; provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers. The company also offers equipment installation and repair, parts installation, and paint and body repair services; new vehicle pre-delivery inspection, truck modification, and natural gas fuel system installation services; and body, chassis upfit, and component installation services, as well as sells tires for use on commercial vehicles. It serves regional and national truck fleets, corporations, local governments, and owner operators. The company operates a network of centers located in the states of Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Tennessee, Texas, Utah, and Virginia. Rush Enterprises, Inc. was founded in 1965 and is headquartered in New Braunfels, Texas.

Details
Name: Rush Enterprises, Inc.
RUSH.B
Exchange: NasdaqGS
Founded: 1965
$1,315,462,064
36,660,970
Website: http://www.rushenterprises.com
Address: Rush Enterprises, Inc.
555 IH 35 South,
Suite 500,
New Braunfels,
Texas, 78130,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS RUSH.B Class B Shares Nasdaq Global Select US USD 07. Jun 1996
NasdaqGS RUSH.A Class A Shares Nasdaq Global Select US USD 10. Jul 2002
DB RUNA Class A Shares Deutsche Boerse AG DE EUR 10. Jul 2002
Number of employees
Current staff
Staff numbers
7,214
Rush Enterprises employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 23:42
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/05/17
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.