GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rush Enterprises Inc (NAS:RUSHB) » Definitions » Retained Earnings
中文

Rush Enterprises (Rush Enterprises) Retained Earnings : $1,450 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Rush Enterprises Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rush Enterprises's retained earnings for the quarter that ended in Dec. 2023 was $1,450 Mil.

Rush Enterprises's quarterly retained earnings declined from Jun. 2023 ($1,544 Mil) to Sep. 2023 ($1,386 Mil) but then increased from Sep. 2023 ($1,386 Mil) to Dec. 2023 ($1,450 Mil).

Rush Enterprises's annual retained earnings increased from Dec. 2021 ($1,032 Mil) to Dec. 2022 ($1,378 Mil) and increased from Dec. 2022 ($1,378 Mil) to Dec. 2023 ($1,450 Mil).


Rush Enterprises Retained Earnings Historical Data

The historical data trend for Rush Enterprises's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rush Enterprises Retained Earnings Chart

Rush Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,065.55 831.85 1,031.58 1,378.34 1,450.03

Rush Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,378.34 1,457.20 1,543.94 1,385.65 1,450.03

Rush Enterprises Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Rush Enterprises  (NAS:RUSHB) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Rush Enterprises (Rush Enterprises) Business Description

Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.