Rush Enterprises reports record FY2022 revenue $7.1B, EPS $6.85; Q4 EPS $1.74

RUSH ENTERPRISES INC \TX\

2022-FY EPS reported $6.85 revenue$7,101,668,000

FY2022 revenue $7.1B (+39% YoY), net income $391.4M, diluted EPS $6.85 vs $4.17 in 2021.
Q4 revenue $1.9B (+46% YoY), net income $98.3M, diluted EPS $1.74 vs $1.18.
Aftermarket parts/services revenue $2.4B (+32.3% YoY); absorption ratio 136.6%.
Declared Q1 cash dividend $0.21/share, payable March 16 to holders of record Feb 27.
Repurchased $94M of stock in 2022; $150M buyback authorization extends through Dec 31, 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RUSH ENTERPRISES INC \TX\ reported the fiscal fourth quarter ended December 31, 2022 results: revenue $1.9 billion, net income $98.3 million.

Period: the fiscal fourth quarter ended December 31, 2022
Revenue: $1.9 billion
Net income: $98.3 million
Result: reported results

Exact text from the filing

4th quarter revenues of $1.9 billion; net income of $98.3 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RUSH ENTERPRISES INC \TX\ reported the fiscal year ended December 31, 2022 results: revenue $7.1 billion, net income $391.4 million, EPS $6.85 per diluted share.

Period: the fiscal year ended December 31, 2022
Revenue: $7.1 billion
Net income: $391.4 million
EPS: $6.85 per diluted share
Result: reported results

Exact text from the filing

Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2022, the Company achieved revenues of $7.1 billion and net income of $391.4 million, or $6.85 per diluted share, compared with revenues of $5.1 billion and net income of $241.4 million, or $4.17 per diluted share, for the year ended December 31, 2021.

View on SEC.gov

Browse all earnings releases →

RUSH ENTERPRISES INC \TX\ filing history →

Source: SEC EDGAR

accession 0001437749-23-003520

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.