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Rush Enterprises RUSHB Floor Plan Notes Payable

Floor Plan Notes Payable at other companies

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Other financials

Income statement

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Revenue$1.7B-9.0%
Gross profit$382.9M-3.9%
Operating income$117.0M-8.6%
Net income$61.7M+1.8%
EPS (diluted)$0.93-10.4%

Balance sheet

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Cash & equivalents$239.7M+4.8%
Total debt$516.6M-20.5%
Total equity$2.3B+4.7%
Total assets$4.5B-3.7%

Cash flow

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Operating cash flow$60.4M-60.7%
CapEx$66.0M-39.1%
Free cash flow-$5.6M-112%

Valuation

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Market cap$5.61B+10.5%

Profitability

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Gross margin19.6%-0.5pp
Operating margin6%-0.5pp
Net margin3.7%0.0pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity12%-2.0pp
Debt / equity0.2×-0.1×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Rush Enterprises in its filing.

Tagged under the XBRL concept rusha:FloorPlanNotesPayable.

The official record: Rush Enterprises’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rush Enterprises's floor plan notes payable?
Rush Enterprises (RUSHB) reported floor plan notes payable of $919.16M in Q1 2026.
How has Rush Enterprises's floor plan notes payable changed year-over-year?
Rush Enterprises's floor plan notes payable decreased by 14.9% year-over-year, from $1.08B to $919.16M.
What is the long-term trend for Rush Enterprises's floor plan notes payable?
Over 5 years (2020 to 2025), Rush Enterprises's floor plan notes payable has grown at a 12.4% compound annual growth rate (CAGR), from $511.79M to $917.96M.
What does floor plan notes payable mean?
This metric represents the short-term debt obligations incurred by the company to finance the purchase of commercial vehicle inventory from manufacturers. It is a critical component of working capital management for vehicle retailers, as it directly correlates with the size and turnover of the dealership's inventory. High levels of floor plan financing indicate significant inventory investment, while the interest expense associated with these notes directly impacts the company's operating margins.