Solid Aftermarket Operations
Aftermarket operations accounted for approximately 63% of total gross profit in Q2, with parts, service, and collision center revenues reaching $636.3 million, an increase of 1.4% compared to Q2 2024.
Technician Turnover and Workforce Expansion
Technician turnover reached a 12-month low, and the company expanded its aftermarket sales force, strengthening its ability to support customers.
Record Revenues in Leasing
Rush Truck Leasing achieved record revenues of $93.1 million in Q2, up 6.3% year-over-year, with full-service leasing revenue increasing due to new units entering service.
Dividend Increase
The Board of Directors approved a $0.19 per share cash dividend, a 5.6% increase, marking the ninth increase since July 2018.
Share Repurchase
The company repurchased $83.9 million of common stock as part of its expanded $200 million repurchase authorization.