Michael J. McRoberts
Mr. McRoberts is stepping down from his role as COO effective October 31, 2024
Highest-materiality recent filing
Q1 revenue $1.68B (-9.2%), EPS $0.77 (+5.5%); $0.19 dividend; Peterbilt dealership acquisition
Revenue $1.68B (-9.2% YoY); net income $61.5M ($0.77 diluted EPS) vs $60.3M ($0.73) in Q1 2025.
Rush Enterprises FY2025 revenue $7.4B, EPS $3.27, both down YoY; Q4 net income $64.3M
Annual revenue $7.4B vs $7.8B in 2024; net income $263.8M ($3.27/diluted share) down from $304.2M ($3.72).
Q3 revenue $1.88B, EPS $0.83; aftermarket rev +1.5%; new Class 8 sales -11%; dividend $0.19
Net income $66.7M ($0.83 diluted) vs $79.1M ($0.97) a year ago; revenue down 0.8% to $1.881B.
Rush Enterprises Q2 net income $72.4M ($0.90 EPS), revenue $1.93B, dividend raised to $0.19
Revenue $1.931B (down 4.8% YoY); net income $72.4M ($0.90 diluted EPS) vs $78.7M ($0.97) in Q2 2024.
Rush Enterprises boosts share repurchase program by $50M to $200M total
Board approved $50M increase to existing repurchase program, raising aggregate authorization to $200M.
Rush Enterprises Q1 net income $60.3M ($0.73 EPS), revenue $1.85B; new Class 8 sales down 7.4%
Revenue $1.85B (-1.1% YoY), net income $60.3M (-15.8% YoY), diluted EPS $0.73 vs $0.88.
Q4 2024 net income $74.8M ($0.91 diluted EPS) vs $78.0M ($0.95) in Q4 2023.
Rush Enterprises reduces bank floor plan to $675M, enters $800M PACCAR financing
Reduced bank floor plan commitment from $1.0B to $675M; excludes Peterbilt inventory; maturity extended to Dec 2029.
Rush Enterprises adopts new $150M stock repurchase program, replaces prior plan
Board approved new $150M repurchase program for Class A & B common stock, effective Dec 3, 2024, expiring Dec 31, 2025.
Rush Enterprises Q3 EPS $0.97, revenue $1.896B; declares $0.18 dividend; COO transition
Q3 revenue $1.896B (-4.3% YoY); diluted EPS $0.97 vs $0.96; net income $79.1M vs $80.3M.
Revenue $2.027B (+1.2% YoY); net income $78.7M ($0.97 EPS) vs $98.3M ($1.17 EPS) in Q2 2023.
Rush Enterprises Q1 EPS $0.88 vs $1.07; revenue down 2.1%; declares $0.17 dividend
Net income $71.6M, diluted EPS $0.88 vs $1.07 in Q1 2023; revenue $1.872B (-2.1% YoY).
Mr. McRoberts is stepping down from his role as COO effective October 31, 2024
the Board of Directors of the Company appointed Jason Wilder to serve as COO, effective November 1, 2024
Max materiality 0.80 · Median 0.50 · Most common event earnings