Michael J. McRoberts
Mr. McRoberts is stepping down from his role as COO effective October 31, 2024
Highest-materiality recent filing
Net income $72.8M ($0.91/diluted share) vs $72.4M ($0.90) in Q2 2025; revenue $1.900B down 1.6%.
Rush Enterprises forms JV with MCT Companies for $47.5M, expands into refrigerated transport
Rush Enterprises to acquire 50% equity in new JV MCT Holdings for ~$47.5M.
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).
Rush Enterprises reports record annual revenue of $7.9B; net income falls to $347M
Annual revenue $7.9B (up from $7.1B in 2022); net income $347.1M ($4.15 diluted EPS) vs $391.4M ($4.57) in 2022.
Rush Enterprises adopts $150M repurchase program, repurchases $65.3M of Class B stock from CEO
Board authorized new $150M stock repurchase program, replacing prior program; $84.7M remains after transaction.
Rush Enterprises Q3 rev $1.98B (+6.2%); EPS $0.96 vs $1.06; declares $0.17 dividend
Revenue $1.981B (+6.2% YoY); net income $80.3M ($0.96 diluted EPS) down from $90.4M ($1.06).
Net income $98.3M ($1.75 diluted EPS); adjusted prior-year EPS also $1.75 after excluding a $9.8M Canada acquisition gain.
Rush Enterprises Q1 revenue $1.912B (+22.3% YoY), EPS $1.60; declares $0.21 dividend
Revenue $1.912B, net income $90.5M, diluted EPS $1.60 (vs adjusted $1.43 in Q1 2022).
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
Michael J. McRoberts will step down from his role as Chief Operating Officer ("COO") in the second half of the year.
the Board of Directors of the Company appointed Jason Wilder to serve as COO, effective upon the date that Mr. McRoberts steps down.
Scott Anderson, Senior Vice President – Finance, Insurance and Leasing, will retire effective March 30, 2024.
On October 10, 2023, the Board of Directors (the “Board”) of Rush Enterprises, Inc. (the “Company”) appointed Amy Boerger and Michael McRoberts to the Board, effective immediately.
On October 10, 2023, the Board of Directors (the “Board”) of Rush Enterprises, Inc. (the “Company”) appointed Amy Boerger and Michael McRoberts to the Board, effective immediately.
Effective March 31, 2022, Derrek Weaver stepped down as Executive Vice President of Rush Enterprises, Inc.
On March 2, 2022, James Underwood notified Rush Enterprises, Inc. (the “Company”) of his retirement from the Company’s Board of Directors (the “Board”), effective immediately.
appointed Troy Clarke as a new member of the Board, effective immediately.
James Underwood notified the Board that he will retire from the Board in early 2022
Max materiality 0.80 · Median 0.50 · Most common event earnings