Rush Enterprises, Inc. (RUSHA) financial statements (2022 and earlier)

Company profile

Business Address 555 IH 35 SOUTH
NEW BRAUNFELS, TX 78130
State of Incorp. TX
Fiscal Year End December 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1483121821321258265
Cash and cash equivalents1483121821321258265
Receivables140172201204196166196
Inventory, net of allowances, customer advances and progress billings1,0208581,3261,3401,0338401,061
Inventory1,0208581,3261,3401,0338401,061
Disposal group, including discontinued operation  021014 
Other undisclosed current assets16154101294
Total current assets:1,3241,3581,7131,6881,3751,1111,327
Noncurrent Assets
Operating lease, right-of-use asset696157
Property, plant and equipment1,2781,2041,2801,1841,1601,1361,173
Long-term investments and receivables    667
Long-term investments    667
Intangible assets, net (including goodwill)370292292291291290285
Goodwill370292292291291290285
Other noncurrent assets78716638585961
Total noncurrent assets:1,7961,6281,6951,5131,5151,4921,525
TOTAL ASSETS:3,1202,9853,4073,2012,8902,6032,852
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities253263246253204182204
Accounts payable12211113412710898120
Accrued liabilities131152112125968484
Deferred revenue817443
Debt27168222182162145166
Disposal group, including discontinued operation     1 
Customer advances and deposits271822
Contract with customer, liability36
Other undisclosed current liabilities6435229961,023779647855
Total current liabilities:1,0041,0271,5071,4931,1729931,247
Noncurrent Liabilities
Long-term debt and lease obligation483530555489532543566
Long-term debt, excluding current maturities335388438439466473497
Finance lease, liability909169
Capital lease obligations49667069
Operating lease, liability585148
Liabilities, other than long-term debt167161185152145205194
Deferred tax liabilities, net141135197189
Deferred income tax liabilities140126164
Other liabilities273421111075
Total noncurrent liabilities:650691740641678747760
Total liabilities:1,6531,7172,2482,1341,8501,7402,007
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4671,2681,1591,0671,040863845
Common stock1100000
Treasury stock, value(37)(3)(304)(246)(121)(87) 
Additional paid in capital471438397370348309288
Accumulated other comprehensive income (loss)110  (0)(0)
Retained earnings1,0328321,066942813640600
Other undisclosed stockholders' equity attributable to parent      (43)
Total stockholders' equity:1,4671,2681,1591,0671,040863845
TOTAL LIABILITIES AND EQUITY:3,1202,9853,4073,2012,8902,6032,852

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues5,1264,7365,8105,5064,7144,2154,980
Revenue, net2,9932,6403,361
Cost of revenue(4,034)(3,860)(4,784)(4,528)(3,884)(3,497)(4,195)
Cost of goods and services sold    (2,766)(2,463)(3,139)
Gross profit:1,0928751,026978830718785
Operating expenses(783)(721)(809)(775)(681)(637)(664)
Operating income:30915521620314981121
Nonoperating income6621110
Investment income, nonoperating1121110
Interest and debt expense(2)(10)(30)(21)(13)(15)(14)
Income from continuing operations before equity method investments, income taxes:31315118818313666108
Other undisclosed income from continuing operations before income taxes112    
Income from continuing operations before income taxes:31415219018313666108
Income tax expense (benefit)(72)(37)(48)(44)36(26)(42)
Net income available to common stockholders, diluted:2411151421391724166

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:2411151421391724166
Other comprehensive income (loss)(0)10 000
Comprehensive income, net of tax, attributable to parent:2411151421391724166

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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