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Rush Enterprises RUSHB Interest Expense

Discontinued — last reported Q4 '24

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Segments

By segment

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Truck$7.15M-45.0%
All Other Segments$94K+3.3%

Other financials

Income statement

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Revenue$1.9B-1.6%
Gross profit$382.9M-3.9%
Operating income$117.0M-8.6%
Net income$73.0M0.0%
EPS (diluted)$0.93-10.4%

Balance sheet

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Cash & equivalents$264.9M+25.5%
Total debt$524.1M-21.2%
Total equity$2.3B+8.2%
Total assets$4.7B-1.2%

Cash flow

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Operating cash flow$133.3M-41.5%
CapEx$82.3M-27.7%
Free cash flow$51.0M-55.2%

Valuation

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Market cap$6.2B+41.8%
Enterprise value$6.46B+33.6%
P/E23.2×+7.9×
P/S0.9×+0.3×

Profitability

See full
Gross margin19.6%-0.5pp
Operating margin6%-0.5pp
Net margin3.7%0.0pp
FCF margin4.8%-0.4pp

Returns & leverage

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Return on equity11.9%-1.8pp
Debt / equity0.2×-0.1×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Rush Enterprises in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The source filing: Rush Enterprises’s 10-K, filed February 24, 2025.

Filed
Feb 24, 2025
Fiscal year
FY2024
Accession
0001437749-25-004794
Line itemYear Ended December 31, 2024Year Ended December 31, 2023Year Ended December 31, 2022
Other income5832,59722,338
Interest income (expense):
Interest income1,166777639
Interest expense(72,024)(53,694)(19,763)
Total interest expense, net(70,858)(52,917)(19,124)
Income before taxes397,815462,061509,327
Income tax provision92,845114,000117,242
Net income304,970348,061392,085

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FAQ

What is Rush Enterprises's interest expense?
Rush Enterprises (RUSHB) reported interest expense of $18.01M in Q4 2024.
How has Rush Enterprises's interest expense changed year-over-year?
Rush Enterprises's interest expense increased by 34.1% year-over-year, from $13.42M to $18.01M.
What is the long-term trend for Rush Enterprises's interest expense?
Over 3 years (2021 to 2024), Rush Enterprises's interest expense has grown at a 209.6% compound annual growth rate (CAGR), from $2.43M to $72.02M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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