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Side-by-side financial comparison of Baxter International (BAX) and RUSH ENTERPRISES INC \TX\ (RUSHA). Click either name above to swap in a different company.

Baxter International is the larger business by last-quarter revenue ($2.7B vs $1.7B, roughly 1.6× RUSH ENTERPRISES INC \TX\). RUSH ENTERPRISES INC \TX\ runs the higher net margin — 3.7% vs -0.6%, a 4.2% gap on every dollar of revenue. On growth, Baxter International posted the faster year-over-year revenue change (3.0% vs -9.0%). RUSH ENTERPRISES INC \TX\ produced more free cash flow last quarter ($411.6M vs $76.0M). Over the past eight quarters, RUSH ENTERPRISES INC \TX\'s revenue compounded faster (-6.8% CAGR vs -15.8%).

Baxter International Inc. is an American multinational healthcare company with headquarters in Deerfield, Illinois.

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.

BAX vs RUSHA — Head-to-Head

Bigger by revenue
BAX
BAX
1.6× larger
BAX
$2.7B
$1.7B
RUSHA
Growing faster (revenue YoY)
BAX
BAX
+12.0% gap
BAX
3.0%
-9.0%
RUSHA
Higher net margin
RUSHA
RUSHA
4.2% more per $
RUSHA
3.7%
-0.6%
BAX
More free cash flow
RUSHA
RUSHA
$335.6M more FCF
RUSHA
$411.6M
$76.0M
BAX
Faster 2-yr revenue CAGR
RUSHA
RUSHA
Annualised
RUSHA
-6.8%
-15.8%
BAX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BAX
BAX
RUSHA
RUSHA
Revenue
$2.7B
$1.7B
Net Profit
$-15.0M
$61.7M
Gross Margin
33.0%
20.4%
Operating Margin
2.4%
4.9%
Net Margin
-0.6%
3.7%
Revenue YoY
3.0%
-9.0%
Net Profit YoY
1.8%
EPS (diluted)
$0.36
$0.77

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAX
BAX
RUSHA
RUSHA
Q1 26
$2.7B
$1.7B
Q4 25
$3.0B
$1.7B
Q3 25
$2.8B
$1.8B
Q2 25
$2.8B
$1.8B
Q1 25
$2.6B
$1.8B
Q4 24
$533.0M
$1.9B
Q3 24
$2.7B
$1.8B
Q2 24
$3.8B
$1.9B
Net Profit
BAX
BAX
RUSHA
RUSHA
Q1 26
$-15.0M
$61.7M
Q4 25
$-1.1B
$64.3M
Q3 25
$-46.0M
$66.7M
Q2 25
$91.0M
$72.4M
Q1 25
$126.0M
$60.3M
Q4 24
$-512.0M
$74.8M
Q3 24
$140.0M
$79.1M
Q2 24
$-314.0M
$78.7M
Gross Margin
BAX
BAX
RUSHA
RUSHA
Q1 26
33.0%
20.4%
Q4 25
19.4%
20.8%
Q3 25
33.5%
21.0%
Q2 25
35.3%
20.7%
Q1 25
32.8%
20.3%
Q4 24
25.0%
19.3%
Q3 24
38.3%
21.0%
Q2 24
37.5%
20.2%
Operating Margin
BAX
BAX
RUSHA
RUSHA
Q1 26
2.4%
4.9%
Q4 25
-24.5%
5.5%
Q3 25
6.1%
5.6%
Q2 25
6.8%
6.0%
Q1 25
2.2%
5.2%
Q4 24
-25.5%
5.8%
Q3 24
5.7%
6.7%
Q2 24
-5.0%
6.4%
Net Margin
BAX
BAX
RUSHA
RUSHA
Q1 26
-0.6%
3.7%
Q4 25
-37.9%
3.8%
Q3 25
-1.6%
3.7%
Q2 25
3.2%
3.9%
Q1 25
4.8%
3.4%
Q4 24
-96.1%
3.9%
Q3 24
5.2%
4.4%
Q2 24
-8.2%
4.1%
EPS (diluted)
BAX
BAX
RUSHA
RUSHA
Q1 26
$0.36
$0.77
Q4 25
$-2.21
$0.81
Q3 25
$-0.09
$0.83
Q2 25
$0.18
$0.90
Q1 25
$0.25
$0.73
Q4 24
$-0.99
$-95.13
Q3 24
$0.27
$0.97
Q2 24
$-0.62
$97.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAX
BAX
RUSHA
RUSHA
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$277.8M
Stockholders' EquityBook value
$2.3B
Total Assets
$4.5B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAX
BAX
RUSHA
RUSHA
Q1 26
Q4 25
$2.0B
$212.6M
Q3 25
$1.7B
$242.0M
Q2 25
$1.7B
$211.1M
Q1 25
$2.3B
$228.7M
Q4 24
$1.8B
$228.1M
Q3 24
$1.4B
$185.1M
Q2 24
$2.1B
$167.3M
Total Debt
BAX
BAX
RUSHA
RUSHA
Q1 26
$277.8M
Q4 25
$9.5B
$274.8M
Q3 25
Q2 25
Q1 25
Q4 24
$10.4B
$408.4M
Q3 24
$10.4B
Q2 24
$10.4B
Stockholders' Equity
BAX
BAX
RUSHA
RUSHA
Q1 26
$2.3B
Q4 25
$6.1B
$2.2B
Q3 25
$7.2B
$2.2B
Q2 25
$7.3B
$2.2B
Q1 25
$7.1B
$2.2B
Q4 24
$7.0B
$2.1B
Q3 24
$7.9B
$2.1B
Q2 24
$7.6B
$2.0B
Total Assets
BAX
BAX
RUSHA
RUSHA
Q1 26
$4.5B
Q4 25
$20.1B
$4.4B
Q3 25
$21.1B
$4.6B
Q2 25
$21.0B
$4.7B
Q1 25
$21.3B
$4.7B
Q4 24
$25.8B
$4.6B
Q3 24
$26.7B
$4.6B
Q2 24
$26.3B
$4.5B
Debt / Equity
BAX
BAX
RUSHA
RUSHA
Q1 26
0.12×
Q4 25
1.55×
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
1.49×
0.19×
Q3 24
1.33×
Q2 24
1.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAX
BAX
RUSHA
RUSHA
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$76.0M
$411.6M
FCF MarginFCF / Revenue
2.8%
24.4%
Capex IntensityCapex / Revenue
5.1%
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$828.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAX
BAX
RUSHA
RUSHA
Q1 26
Q4 25
$584.0M
$112.9M
Q3 25
$237.0M
$367.8M
Q2 25
$217.0M
$227.6M
Q1 25
$-193.0M
$153.5M
Q4 24
$488.0M
$392.3M
Q3 24
$253.0M
$111.7M
Q2 24
$115.0M
$270.6M
Free Cash Flow
BAX
BAX
RUSHA
RUSHA
Q1 26
$76.0M
$411.6M
Q4 25
$31.9M
Q3 25
$271.2M
Q2 25
$113.8M
Q1 25
$45.1M
Q4 24
$263.5M
Q3 24
$-20.0M
Q2 24
$177.2M
FCF Margin
BAX
BAX
RUSHA
RUSHA
Q1 26
2.8%
24.4%
Q4 25
1.9%
Q3 25
15.2%
Q2 25
6.2%
Q1 25
2.6%
Q4 24
13.7%
Q3 24
-1.1%
Q2 24
9.1%
Capex Intensity
BAX
BAX
RUSHA
RUSHA
Q1 26
5.1%
2.0%
Q4 25
4.8%
Q3 25
5.4%
Q2 25
6.2%
Q1 25
6.2%
Q4 24
6.7%
Q3 24
7.3%
Q2 24
4.8%
Cash Conversion
BAX
BAX
RUSHA
RUSHA
Q1 26
Q4 25
1.75×
Q3 25
5.51×
Q2 25
2.38×
3.14×
Q1 25
-1.53×
2.55×
Q4 24
5.25×
Q3 24
1.81×
1.41×
Q2 24
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAX
BAX

Segment breakdown not available.

RUSHA
RUSHA

New and used commercial vehicle sales$955.1M57%
Aftermarket products and services sales$627.2M37%
Lease and rental sales$92.3M5%
Finance and insurance$5.6M0%

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