Rush Enterprises Inc. Common Stock Cl A (RUSHA)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach a dealership network like Rush with Graham's question: what is behind the numbers? Rush sells and services commercial vehicles through Rush Truck Centers, employing 7,858 people. The dealer network and service relationships may form a modest moat, but it is tied to cyclical truck demand and its manufacturer partners. The filed record shows fiscal 2023 revenue of $7.6B, net income of $347.1M, and diluted EPS of $4.15; fiscal 2024 revenue of $7.4B, net income of $304.2M, and diluted EPS of $3.72; and fiscal 2025 revenue of $7.1B, net income of $263.8M, and diluted EPS of $3.27. That is a clear declining profit trend. The latest quarter paused it: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.8B, net income $72.8M, and diluted EPS $0.91, versus fiscal Q2 2025 revenue of $1.8B, net income $72.4M, and diluted EPS $0.90. Financial health is mixed. At the 2026-10-13 close, FairStock shows P/E 20.13, P/B 2.22, ROE 11.79%, ROCE 4.95%, and D/E 0.63. FCF yield is 9.8%, EV/EBITDA is 7.61, but the Graham Number is $31.54, leaving price 41.03% above it, and the FairStock Score is 40/100. Altman Z is 2.19 and Piotroski 5/9. The Lynch category is stalwart, yet PEG 44.73 signals that growth does not justify the earnings multiple. I see a decent cash-generating business, not a bargain at this price.

In plain English: Rush Enterprises runs a network of commercial truck dealerships and service centers, selling and repairing large trucks, buses, and related parts. The business has been a steady long-term earner, but revenue and profit have softened from fiscal 2023 through fiscal 2025, and the latest quarter was only slightly ahead of the year-ago quarter. At the recent share price, the stock looks expensive compared with current earnings and accounting value, though the company produces meaningful cash after running and investing in the business.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer