RUSHA on Nasdaq

Rush Enterprises

Logo: Rush Enterprises, PD, via Wikipedia5

American automotive company

Rush Enterprises is an American commercial vehicle dealership headquartered in New Braunfels, Texas. It primarily sells new and used trucks, through its Rush Truck Centers. In 2019, the company operated over 200 Rush Truck Centers in 20 U.S. states as well as 14 locations in Canada.3 Its shares trade on Nasdaq under the symbol RUSHA.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 20, 2026.

Overview

$7.1BRevenue, fiscal 20256
$263.8MNet income, fiscal 20256
1965Founded1

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  • TickerRUSHA on Nasdaq1
  • Industryautomotive industry1
  • HeadquartersNew Braunfels1
  • Websitewww.rushenterprises.com
  • Legal formpublic company1
  • Incorporated inTX7
  • Business address555 Ih 35 South, New Braunfels, Tx 781307
  • Filer categoryLarge accelerated filer7
  • LEI529900V3XHTN7A6DFT174
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o CORPORATION SERVICE COMPANY, D/B/A CSC-LAWYERS INCO, 211 E. 7TH STREET SUITE 620, 78701 Austin, United States4
  • Registered withCorporations Section (Texas Secretary of State), 00211256004

Rush Enterprises is an American commercial vehicle dealership headquartered in New Braunfels, Texas. It primarily sells new and used trucks, through its Rush Truck Centers. In 2019, the company operated over 200 Rush Truck Centers in 20 U.S. states as well as 14 locations in Canada. As of 2020, it was a Fortune 500 corporation.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

20.7%Gross margin6
5.6%Operating margin6
3.7%Net margin6
-5.2%Revenue growth, 20256
12.0%Return on equity6
0.12×Debt to equity6
$462.0MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Commercial Vehicle brought in 39% of the revenue Rush Enterprises broke down this way in fiscal 2025.

  1. Commercial Vehicle$4.5B639%down 8% from 2024
  2. New and Used Commercial Vehicle$4.5B639%down 8% from 2024
  3. Parts$1.5B613%up 3% from 2024
  4. Commercial Vehicle Repair Service$1.0B69%down 3% from 2024
  5. Product and Service, Other$16.8M60%down 27% from 2024
  6. Insurance$12.4M60%down 5% from 2024
  7. Financial Service$8.8M60%down 2% from 2024
Products and services by year
Products and services202320242025
Commercial Vehicle$5.0B$4.9B$4.5B
New and Used Commercial Vehicle$5.0B$4.9B$4.5B
Parts$1.5B$1.4B$1.5B
Commercial Vehicle Repair Service$1.1B$1.1B$1.0B
Product and Service, Other$26.9M$23.0M$16.8M
Insurance$12.6M$13.0M$12.4M
Financial Service$11.7M$8.9M$8.8M

Business segments

Truck brought in 100% of the revenue Rush Enterprises broke down this way in fiscal 2025.

  1. Truck$7.4B6100%down 5% from 2024
  2. Other Operating$15.1M60%down 5% from 2024
Business segments by year
Business segments202320242025
Truck$7.9B$7.8B$7.4B
Other Operating$15.8M$15.9M$15.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue81¢$6.0B
  • Selling, general and admin14¢$996.2M
  • Interest1¢$48.2M
  • Income tax1¢$79.8M
  • Profit4¢$263.8M

Out of $7.1B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending46¢$399.8M
  • Dividends paid7¢$58.3M
  • Share buybacks23¢$194.9M
  • Kept or used elsewhere24¢$208.8M

Out of $861.8M of cash from operations.6

Financial statements

Revenue10111213146$7.1B in 2025+34% since 2018
0$2.0B$4.0B$6.0B$8.0B2018: $5.3B$5.3B20182019: $5.6B$5.6B2019+6%2020: $4.5B$4.5B2020−19%2021: $4.9B$4.9B2021+8%2022: $6.8B$6.8B2022+39%2023: $7.6B$7.6B2023+12%2024: $7.4B$7.4B2024−2%2025: $7.1B$7.1B2025−5%
Gross profit10111213146$1.5B in 2025+49% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $978.3M$978.3M20182019: $1.0B$1.0B2019+5%2020: $875.5M$875.5M2020−15%2021: $1.1B$1.1B2021+25%2022: $1.5B$1.5B2022+36%2023: $1.6B$1.6B2023+7%2024: $1.5B$1.5B2024−4%2025: $1.5B$1.5B2025−5%
Operating income10111213146$393.8M in 2025+94% since 2018
0$200.0M$400.0M$600.0M2018: $202.9M$202.9M20182019: $216.4M$216.4M2019+7%2020: $154.6M$154.6M2020−29%2021: $309.0M$309.0M2021+100%2022: $506.1M$506.1M2022+64%2023: $512.4M$512.4M2023+1%2024: $468.1M$468.1M2024−9%2025: $393.8M$393.8M2025−16%
Net income10111213146$263.8M in 2025+90% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $139.1M$139.1M20182019: $141.6M$141.6M2019+2%2020: $114.9M$114.9M2020−19%2021: $241.4M$241.4M2021+110%2022: $391.4M$391.4M2022+62%2023: $347.1M$347.1M2023−11%2024: $304.2M$304.2M2024−12%2025: $263.8M$263.8M2025−13%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenue$7.1B$7.4B$7.6B
Lease and rental sales$369.6M$354.9M$353.8M
Total revenue$7.4B$7.8B$7.9B
Lease and rental sales$266.7M$255.5M$247.9M
Total cost of products sold$6.0B$6.3B$6.3B
Gross profit$1.5B$1.5B$1.6B
Selling, general and administrative expense$996.2M$995.6M$1.0B
Depreciation and amortization$71.1M$68.5M$59.8M
Gain on sale of assets$412.0K$809.0K$843.0K
Operating income$393.8M$468.1M$512.4M
Other income (loss)-$1.7M$583.0K$2.6M
Interest income$1.9M$1.2M$777.0K
Interest expense-$48.2M-$72.0M-$53.7M
Total interest expense, net-$46.2M-$70.9M-$52.9M
Income before taxes$345.9M$397.8M$462.1M
Income tax provision$79.8M$92.8M$114.0M
Net income$266.0M$305.0M$348.1M
Less: Net income attributable to noncontrolling interest$2.3M$817.0K$1.0M
Net income attributable to Rush Enterprises, Inc.$263.8M$304.2M$347.1M
Basic (in dollars per share)$3.37$3.85$4.28
Diluted (in dollars per share)$3.27$3.72$4.15
Dividends declared per common share (in dollars per share)$0.74$0.70$0.62

Compare Rush Enterprises with another company

Corporate structure

Rush Enterprises sits at the top of its group. 55 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Rush Enterprises

  • FMR LLC Filed SCHEDULE 13G/A on Rush Enterprises, latest Aug 6, 2026 (9 filings since Feb 9, 2022)
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Rush Enterprises, latest Jul 14, 2026 (8 filings since Feb 8, 2022)
  • Wellington Management Company Filed SCHEDULE 13G/A on Rush Enterprises, latest May 15, 2026 (8 filings since Feb 4, 2022)
  • VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Rush Enterprises, latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Rush Enterprises, latest Mar 27, 2026 (8 filings since Feb 10, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Rush Enterprises, latest Oct 17, 2025 (3 filings since Oct 18, 2024)
  • GAMCO Investors Filed SCHEDULE 13D/A on Rush Enterprises, latest Apr 10, 2025 (3 filings since Apr 10, 2023)
  • MILLENNIUM MANAGEMENT LLC Filed SC 13G on Rush Enterprises, latest Jan 2, 2024
  • William M. Rusty Rush Filed SC 13D/A on Rush Enterprises, latest Dec 13, 2023 (2 filings since Oct 21, 2022)
  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on Rush Enterprises, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • Rush Enterprises New Braunfels, Texas, United States
    • 1187394B.C. Ltd. Subsidiary · Canada
    • Advance Premium Finance, Inc. Subsidiary · California, United States
    • AiRush, Inc. Subsidiary · Delaware, United States
    • Associated Acceptance of Florida, Inc. Subsidiary · Delaware, United States
    • Associated Acceptance of Georgia, Inc. Subsidiary · Delaware, United States
    • Associated Acceptance of Illinois, Inc. Subsidiary · Delaware, United States
    • Associated Acceptance of Oklahoma, Inc. Subsidiary · Delaware, United States
    • Associated Acceptance, Inc. Subsidiary · Texas, United States
    • Brauntex Indemnity Company Subsidiary · Texas, United States
    • Commercial Fleet Technologies, Inc. Subsidiary · Delaware, United States
    • Idealease of Chicago LLC Subsidiary · Illinois, United States
    • International General Agency, Inc. Subsidiary · Texas, United States
    • Los Cuernos, Inc. Subsidiary · Delaware, United States
    • Rig Tough, Inc. Subsidiary · Delaware, United States
    • RTC Nevada, LLC Subsidiary · Delaware, United States
    • Rush Accessories Corporation Subsidiary · Delaware, United States
    • Rush Administrative Services, Inc. Subsidiary · Delaware, United States
    • Rush Canada Real Estate Holdings Limited Subsidiary · Ontario, Canada
    • Rush Logistics, Inc. Subsidiary · Delaware, United States
    • Rush Medium Duty Truck Centers of California, Inc. Subsidiary · Delaware, United States
    • Rush Medium Duty Truck Centers of Colorado, Inc. Subsidiary · Delaware, United States
    • Rush Momentum Holdings, Inc. Subsidiary · Delaware, United States
    • Rush Real Estate Holdings, Inc. Subsidiary · Delaware, United States
    • Rush Retail Centers, Inc. Subsidiary · Delaware, United States
    • Rush Truck Centers of Alabama, Inc. Subsidiary · Delaware, United States
    • and 29 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Rush Enterprises reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$969.3M6 Dec 31, 2025$902.0M6 Dec 31, 2024+7.5%
Property and equipment, net$1.7B6 Dec 31, 2025$1.6B6 Dec 31, 2024+4.9%
Operating-lease assets (leased space)$124.1M6 Dec 31, 2025$111.4M6 Dec 31, 2024+11.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$212.6M6 Dec 31, 2025$228.1M6 Dec 31, 2024−6.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$441.6M6 Dec 31, 2025$427.5M6 Dec 31, 2024+3.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.5B6 Dec 31, 2025$1.8B6 Dec 31, 2024−14.2%

Properties, in its own words

Our corporate headquarters are owned by us and located in New Braunfels, Texas. As of December 2025, we also own or lease numerous facilities used in our operations in the following locations: Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nebraska, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Tennessee, Texas, Utah, Virginia, Ontario and Quebec, Canada. For information regarding the number of locations that we have in each state or province, the number of locations that we own or lease and the number of franchises that we represent in each state or province, please see “Business” in “Item 1. Business.”

We lease a hangar in New Braunfels, Texas for our corporate aircraft. We also own and operate a guest ranch of approximately 10,950 acres near Cotulla, Texas, which is used for client development purposes.

Item 2 of the 10-K filed Feb 25, 2026.20

The story

The company was founded in 1965 by W. Marvin Rush, who remained chairman of the board until 2013, when he was succeeded by his son W.M. "Rusty" Rush. The company began as a dealership for Peterbilt trucks, but expanded greatly in the intervening years through acquisition of dealerships.

Major acquisitions include:

Heavy truck business from Asbury Automotive Group in 2010.

From Wikipedia’s article on Rush Enterprises, shared under CC BY-SA 4.0.8

Leadership

Who has led Rush Enterprises, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (29)

Products and brands

  • truck

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 1187394B.C. Ltd. Canada9
  • Advance Premium Finance, Inc. California9
  • AiRush, Inc. Delaware9
  • Associated Acceptance of Florida, Inc. Delaware9
  • Associated Acceptance of Georgia, Inc. Delaware9
  • Associated Acceptance of Illinois, Inc. Delaware9
  • Associated Acceptance of Oklahoma, Inc. Delaware9
  • Associated Acceptance, Inc. Texas9
  • Brauntex Indemnity Company Texas9
  • Commercial Fleet Technologies, Inc. Delaware9
  • Idealease of Chicago LLC Illinois9
  • International General Agency, Inc. Texas9
  • Los Cuernos, Inc. Delaware9
  • RTC Nevada, LLC Delaware9
  • Rig Tough, Inc. Delaware9
  • Rush Accessories Corporation Delaware9
  • Rush Administrative Services, Inc. Delaware9
  • Rush Canada Real Estate Holdings Limited Ontario9
  • Rush Logistics, Inc. Delaware9
  • Rush Medium Duty Truck Centers of California, Inc. Delaware9
  • Rush Medium Duty Truck Centers of Colorado, Inc. Delaware9
  • Rush Momentum Holdings, Inc. Delaware9
  • Rush Real Estate Holdings, Inc. Delaware9
  • Rush Retail Centers, Inc. Delaware9
All 54 listed subsidiaries
  • Rush Truck Centers of Alabama, Inc. Delaware9
  • Rush Truck Centers of Arizona, Inc. Delaware9
  • Rush Truck Centers of Arkansas, Inc. Delaware9
  • Rush Truck Centers of California, Inc. Delaware9
  • Rush Truck Centers of Colorado, Inc. Delaware9
  • Rush Truck Centers of Florida, Inc. Delaware9
  • Rush Truck Centers of Georgia, Inc. Delaware9
  • Rush Truck Centers of Idaho, Inc. Delaware9
  • Rush Truck Centers of Illinois, Inc. Delaware9
  • Rush Truck Centers of Indiana, Inc. Delaware9
  • Rush Truck Centers of Kansas, Inc. Delaware9
  • Rush Truck Centers of Kentucky, Inc. Delaware9
  • Rush Truck Centers of Missouri, Inc. Delaware9
  • Rush Truck Centers of Nebraska, Inc. Delaware9
  • Rush Truck Centers of Nevada, Inc. Delaware9
  • Rush Truck Centers of New Mexico, Inc. Delaware9
  • Rush Truck Centers of North Carolina, Inc. Delaware9
  • Rush Truck Centers of Ohio, Inc. Delaware9
  • Rush Truck Centers of Oklahoma, Inc. Delaware9
  • Rush Truck Centers of Pennsylvania, Inc. Delaware9
  • Rush Truck Centers of Tennessee, Inc. Delaware9
  • Rush Truck Centers of Texas, L.P. Texas9
  • Rush Truck Centers of Utah, Inc. Delaware9
  • Rush Truck Centers of Virginia, Inc. Delaware9
  • Rush Truck Centres of Canada Limited Ontario, Canada9
  • Rush Truck Leasing, Inc. Delaware9
  • RushCare, Inc. Delaware9
  • Rushco, Inc. Delaware9
  • Rushtex, Inc. Delaware9
  • Truck & Trailer Finance, Inc. Delaware9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 6, 20268-K Entered a material agreement55
  2. Jul 28, 20268-K Results of operations; Regulation FD disclosure56
  3. Jul 23, 20268-K Other events57
  4. Jun 30, 20268-K Executive or director change; Regulation FD disclosure; Other events58
  5. Jun 22, 20268-K Entered a material agreement59
  6. May 19, 20268-K Shareholder vote60
  7. May 13, 20268-K Regulation FD disclosure61
  8. Apr 28, 20268-K Results of operations; Regulation FD disclosure62
  9. Mar 24, 20268-K Executive or director change; Regulation FD disclosure63
  10. Mar 19, 20268-K Executive or director change; Regulation FD disclosure64
  11. Mar 5, 20268-K Executive or director change65
  12. Feb 17, 20268-K Results of operations; Regulation FD disclosure66
  13. Mar 15, 2006New chief executive William M. Rusty Rush becomes CEO21
  14. 1965Founded Founded1

Calendar

Coming up

  1. Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.55 a share, on Oct 29, 2025.67

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results56
  2. Apr 28, 2026Reported quarterly or annual results62
  3. Feb 17, 2026Reported quarterly or annual results66
  4. Oct 29, 2025Reported quarterly or annual results68
  5. Jul 30, 2025Reported quarterly or annual results69
  6. Apr 30, 2025Reported quarterly or annual results70
  7. Feb 18, 2025Reported quarterly or annual results71
  8. Oct 30, 2024Reported quarterly or annual results72

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

342 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 71 major events, 136 insider forms, 49 large holders, 66 other. The latest 20:

  1. Aug 14, 20264 EDGAR
  2. Aug 7, 202610-Q EDGAR
  3. Aug 6, 20268-K EDGAR
  4. Aug 6, 2026SCHEDULE 13G/A EDGAR
  5. Aug 5, 20264 EDGAR
  6. Aug 3, 2026144 EDGAR
  7. Aug 3, 2026144 EDGAR
  8. Aug 3, 2026144 EDGAR
  9. Aug 3, 20264 EDGAR
  10. Aug 3, 20264 EDGAR
  11. Aug 3, 20264 EDGAR
  12. Jul 31, 2026144 EDGAR
  13. Jul 31, 2026144 EDGAR
  14. Jul 30, 2026144 EDGAR
  15. Jul 30, 2026144 EDGAR
  16. Jul 28, 20268-K EDGAR
  17. Jul 23, 20268-K EDGAR
  18. Jul 14, 2026SCHEDULE 13G/A EDGAR
  19. Jul 1, 2026CERT EDGAR
  20. Jun 30, 20268-K EDGAR

The 342 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

50 open-market trades by officers, directors and large owners since October 2021: 0 buys and 50 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 3, 2026McRoberts MichaelDirectorSale6,500$81.44$529.4KForm 4
Aug 3, 2026RUSH WILLIAM M RUSTYCEO, President and COBSale71,574$81.05$5.8MForm 4
Aug 3, 2026Goldstone Michael LSVP, GC and Corp. Sec.Sale2,100$81.30$170.7KForm 4
Jul 31, 2026RUSH WILLIAM M RUSTYCEO, President and COBSale7,176$80.76$579.5KForm 4
Jul 31, 2026Keller Steven LCFO & TreasurerSale20,678$80.73$1.7MForm 4
Jul 30, 2026Keller Steven LCFO & TreasurerSale1,822$81.12$147.8KForm 4
Jul 30, 2026Goldstone Michael LSVP, GC and Corp. Sec.Sale2,400$81.05$194.5KForm 4
Apr 30, 2026McRoberts MichaelDirectorSale8,000$72.23$577.8KForm 4
Mar 10, 2026Chess Raymond JosephDirectorSale10,000$65.05$650.5KForm 4
Feb 19, 2026Goldstone Michael LSVP, GC and Corp. Sec.Sale4,500$71.86$323.4KForm 4
Feb 19, 2026McRoberts MichaelDirectorSale8,000$70.81$566.5KForm 4
Feb 19, 2026Pollard JodySenior Vice PresidentSale11,250$71.92$809.1KForm 4
Aug 22, 2025Goldstone Michael LSVP, GC and Corp. Sec.Sale4,500$57.25$257.6KForm 4
Aug 12, 2025Wilder JasonChief Operating OfficerSale4,980$55.55$276.6KForm 4
Aug 4, 2025McRoberts MichaelDirectorSale6,000$54.64$327.8KForm 4
May 19, 2025Wilder JasonChief Operating OfficerSale748$56.08$41.9KForm 4
May 16, 2025Goldstone Michael LSVP, GC and Corp. Sec.Sale4,500$52.10$234.4KForm 4
May 16, 2025Wilder JasonChief Operating OfficerSale483$56.39$27.2KForm 4
Feb 25, 2025Pollard JodySenior Vice PresidentSale11,250$56.43$634.8KForm 4
Feb 20, 2025McRoberts MichaelDirectorSale4,000$58.52$234.1KForm 4

All 50 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025W.M. “Rusty” Rush,67$1.8M$10.2M83
2025Steven L. Keller,56$534.3K$2.7M83
2025Jason Wilder,$503.9K$2.4M83
2025Jody Pollard,49$492.3K$2.2M83
2025Corey Lowe,50$500.8K$2.2M83
2024President and Chief$1.7M$10.0M83
2024Chief Financial Officer and$529.9K$2.7M83
2024Former Senior Vice President–$488.5K$2.2M83
2024Former Chief Operating Officer$470.1K$2.2M83
2023Executive Officer$1.7M$10.7M83
2023Treasurer$518.8K$2.7M83
2023Former Chief Operating Officer$428.6K$2.2M83

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.10,283,041$750.5M0.0%+671,221
Fmr LLC7,667,295$559.6M0.0%−1,323,407
Vanguard Portfolio Management LLC3,587,355$261.8M0.0%+48,469
Dimensional Fund Advisors LP3,278,453$239.3M0.0%−246,270
American Century Companies Inc3,010,503$219.7M0.1%+804,030
Vanguard Capital Management LLC2,512,680$183.4M0.0%−5,609
State Street Corp2,430,986$177.4M0.0%+96,418
Wellington Management Group Llp2,012,245$146.9M0.0%−413,038
Geode Capital Management, LLC1,734,898$126.7M0.0%+39,487
Jennison Associates LLC1,699,609$124.0M0.1%+578,159
Jpmorgan Chase & Co1,180,198$85.6M0.0%+56,679
Beck Mack & Oliver LLC930,268$67.9M1.3%−27,354
Hotchkis & Wiley Capital Management LLC898,331$65.6M0.2%+24,420
Victory Capital Management Inc883,808$64.5M0.0%+776,934
Westwood Holdings Group Inc831,726$60.7M0.5%New
Northern Trust Corp808,922$59.0M0.0%+35,618
Charles Schwab Investment Management Inc789,062$57.6M0.0%+23,732
Jupiter Topco LLC720,395$52.6M0.0%New
Global Alpha Capital Management Ltd.682,458$49.8M3.0%−51,739
Deutsche Bank Ag\598,327$43.7M0.0%−30
Morgan Stanley555,613$40.6M0.0%+21,325
Bank Of America Corp /de/544,197$39.7M0.0%−22,090
Bank of New York Mellon Corp540,603$39.5M0.0%−5,506
Vaughan Nelson Investment Management, L.P.485,729$35.5M0.3%−69,017
Vanguard Fiduciary Trust Co408,125$29.8M0.0%+30,982

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Rush Enterprises is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRUSH ENTERPRISES INC \TX\2
  • CIK0001012019
  • Employer ID (EIN)74-173301620
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company20
  • Incorporated inTexas20
  • Fiscal year endsDecember 312
  • Industry code (SIC)5500 Retail-Auto Dealers & Gasoline Stations2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address555 Ih 35 South, New Braunfels, TX 781302
  • Phone83062652002
  • Shares outstanding60,503,266 Common Class A shares; 16,437,909 Common Class B shares as of Feb 17, 202620
  • Public float$3.6B as of Jun 30, 202520
  • AuditorErnst & Young LLP, San Antonio, Texas PCAOB ID 42; it also attests to the company’s internal control over financial reporting20
  • On EDGAR sinceMay 13, 19962
  • Filings1,723 in all: 4 (806), 8-K (297), SC 13G/A (191), 10-Q (91), SC 13G (56), 144 (37), DEF 14A (30), 10-K (27)2
    All 37 form types

    3 (27), 4/A (25), UPLOAD (17), SCHEDULE 13G/A (15), S-8 (13), SC 13D/A (13), SD (13), CORRESP (12), DEFA14A (10), ARS (4), PRE 14A (4), 10-K/A (3), 10-K405 (3), 5 (3), 8-K/A (3), DEFR14A (3), PX14A6G (3), 10-Q/A (2), 424B4 (2), 8-A12G (2), S-3/A (2), SC 13D (2), 8-A12B (1), CERT (1), NO ACT (1), S-1/A (1), S-3 (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Feb 25, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Apr 7, 2026
    Latest 8-K (8-K) Aug 6, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, $0.01 par valueRUSHANASDAQ
Class B Common Stock, $0.01 par valueRUSHBNASDAQ

From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).20

Risk factors and legal proceedings

The risks Rush Enterprises names in Item 1A of its 10-K filed Feb 25, 2026: 25 risks under these headings, as written.20

  • Risks Related to Our Business Operations
  • We are dependent upon PACCAR for the supply of Peterbilt trucks and parts, as well as the financing of Peterbilt trucks, the sale of which generates the majority of our revenues.
  • We are dependent upon International Motors for the supply of International trucks and parts and IC buses and parts, the sale of which generate a significant portion of our revenues.
  • Our dealership agreements may be terminable upon a change of control, and we cannot control whether our controlling shareholder and management maintain their current ownership positions.
  • Our dealership agreements are non-exclusive and have relatively short terms, which could result in nonrenewal or imposition of less favorable terms upon renewal.
  • Our growth strategies may be unsuccessful if we are unable to successfully execute our strategic initiatives or identify and complete future acquisitions.
  • In the long-term, technological advances in the commercial vehicle industry, including drivetrain electrification or other alternative fuel technologies, could have a material adverse effect on our business.
  • We use AI in our business and challenges with properly incorporating AI into our business and managing its use could result in reputational harm, competitive harm and legal liability.
  • Climate change concerns may impact our business in the future; natural disasters and adverse weather events can disrupt our business.
  • Risks Related to Financial and Economic Matters
  • We may be required to obtain additional financing to maintain adequate inventory levels.
  • Changes in interest rates could have a negative adverse effect on our profitability.
The other 15 risks
  • The dollar amount of our backlog, as stated at any given time, is not necessarily indicative of our future earnings.
  • Impairment in the carrying value of goodwill and other indefinite-lived intangible assets could negatively affect our operating results.
  • We depend on relationships with the manufacturers we represent and component suppliers for sales incentives, discounts and similar programs which are material to our operations.
  • We are dependent on the ongoing success of the manufacturers we represent and adverse conditions affecting the manufacturers we represent may negatively impact our revenues and profitability.
  • Risks Related to Legal and Regulatory Matters
  • If state dealer laws are repealed or weakened, our dealerships will be more susceptible to termination, nonrenewal or renegotiation of their dealership agreements.
  • We are subject to risks associated with commercial vehicles and parts manufactured outside of the United States, and the Commercial Vehicle Tariffs may impact demand for certain of the commercial vehicles and parts that we sell.
  • The commercial vehicles that we sell are subject to federal and state regulations focused on reducing engine emissions, and we are dependent on the manufacturers that we represent to produce or supply engines that comply with such regulations.
  • Disruptions to our information technology systems and breaches in data or system security could adversely affect our business.
  • We are exposed to a variety of claims relating to our business and the liability associated with such claims may exceed the level of our insurance coverage.
  • Our dealerships are subject to federal, state and local environmental regulations that may result in claims and liabilities, which could be material.
  • We have operations in Canada. As a result, we may incur losses from the impact of foreign currency fluctuations and have higher costs than we otherwise would have due to the need to comply with foreign laws.
  • Risks Related to Our Common Stock
  • We are controlled by one shareholder and his affiliate.
  • Our dealership agreements could discourage another company from acquiring us.
  • Our Class A common stock has limited voting power.
  • Our Class B common stock has a low average daily trading volume. As a result, sales of our Class B common stock could cause the market price of our Class B common stock to drop, and it may be difficult for a stockholder to liquidate its position in our Class B common stock quickly without adversely affecting the market price of such shares.

Legal proceedings

From time to time, we are involved in litigation arising out of our operations in the ordinary course of business. We maintain liability insurance through self-insurance, a captive insurer and third-party excess insurance, including product liability coverage, in amounts deemed adequate by management. However, an uninsured or partially insured claim, or claim for which indemnification is not available, could have a material adverse effect on our financial condition or results of operations. As of December 31, 2025, we believe that there are no pending claims or litigation, individually or in the aggregate, that are reasonably possible to have a material adverse effect on our financial position or results of operations. However, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on our financial condition or results of operations for the fiscal period in which such resolution occurred.

The opening of Item 3, Legal Proceedings.20

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