Strong Aftermarket Performance
Aftermarket operations accounted for approximately 63% of total gross profit in Q3, with revenues reaching $642.7 million, a 1.5% increase compared to Q3 2024. The absorption ratio was 129.3%.
Rush Truck Leasing Record Revenue
Rush Truck Leasing achieved record revenues of $93.3 million in Q3, up 4.7% year-over-year.
Diversified Customer Base and Operational Discipline
Despite industry challenges, Rush Enterprises maintained strong performance due to its diversified customer base and operational discipline.
Stock Repurchase and Dividend Payout
Repurchased $9.2 million of common stock and paid a cash dividend of $14.8 million in Q3 as part of value return to shareholders.