PCAR

MKT CAP:$67B

PACCAR Inc

Market Cap

$67B

Industrials·Agricultural - Machinery·🇺🇸 United States·NASDAQ

Industrials·Agricultural·🇺🇸·NASDAQ

Stock Price

$127.00+$15.44 (+13.84%)

Apr 24, 2026

Company Details

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Fin...

CEO

R. Preston Feight

IPO Date

Mar 17, 1980

Website

www.paccar.com

Key Metrics TTM

Revenue

$28.4B

-15.5% YoY

Net Income

$2.4B

EPS (Diluted)

$4.51

Free Cash Flow

$3.0B

Revenue / Share

$54.00

Gross Margin

16.2%

Operating Margin

10.4%

Net Margin

8.4%

FCF Margin

10.6%

P/S

2.3x

P/E

28.1x

Earnings Reports

Q1 2026

Apr 28, 2026

PENDING

FY 2025

Feb 18, 2026

$28.4B-15.5%EPS $4.51

Q4 2025

Feb 18, 2026

$6.8B-13.7%EPS $1.06

Q3 2025

Oct 30, 2025

$6.7B-19.0%EPS $1.12

Q2 2025

Jul 31, 2025

$7.5B-14.4%EPS $1.37

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$6.5B	$1.1B	$742M
Q2 22	$7.2B	$1.3B	$894M
Q3 22	$7.1B	$1.3B	$923M
Q4 22	$8.1B	$1.5B	$1.1B
Q1 23	$8.5B	$1.9B	$1.4B
Q2 23	$8.9B	$1.9B	$1.5B
Q3 23	$8.7B	$1.7B	$1.5B
Q4 23	$9.1B	$2.0B	$1.5B
Q1 24	$8.7B	$1.9B	$1.4B
Q2 24	$8.8B	$1.8B	$1.3B
Q3 24	$8.2B	$1.6B	$1.1B
Q4 24	$7.9B	$1.5B	$1.0B
Q1 25	$7.4B	$1.3B	$885M
Q2 25	$7.5B	$1.3B	$839M
Q3 25	$6.7B	$1.1B	$636M
Q4 25	$6.8B	$944M	$602M

Valuation

Quarter	P/S	P/E
Q1 22	1.3x	15.6x
Q2 22	1.1x	13.2x
Q3 22	1.1x	11.6x
Q4 22	1.2x	11.6x
Q1 23	1.2x	12.2x
Q2 23	1.3x	12.0x
Q3 23	1.3x	10.8x
Q4 23	1.4x	10.9x
Q1 24	1.8x	12.8x
Q2 24	1.5x	10.8x
Q3 24	1.5x	11.0x
Q4 24	1.6x	13.1x
Q1 25	1.6x	14.7x
Q2 25	1.6x	16.3x
Q3 25	1.8x	19.5x
Q4 25	2.1x	24.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$459M	$91M
Q2 22	$638M	$268M
Q3 22	$681M	$338M
Q4 22	$1.2B	$940M
Q1 23	$685M	$393M
Q2 23	$976M	$704M
Q3 23	$1.3B	$1.0B
Q4 23	$1.2B	$823M
Q1 24	$1.5B	$1.1B
Q2 24	$440M	-$73M
Q3 24	$1.3B	$908M
Q4 24	$1.4B	$943M
Q1 25	$910M	$585M
Q2 25	$833M	$445M
Q3 25	$1.5B	$1.2B
Q4 25	$1.1B	$778M

Capital Expenditures

Quarter	CapEx
Q1 22	$369M
Q2 22	$371M
Q3 22	$343M
Q4 22	$309M
Q1 23	$292M
Q2 23	$272M
Q3 23	$336M
Q4 23	$363M
Q1 24	$352M
Q2 24	$513M
Q3 24	$378M
Q4 24	$503M
Q1 25	$326M
Q2 25	$389M
Q3 25	$306M
Q4 25	$366M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+10.7%	+9.0%
Q2 22	+22.5%	+19.9%
Q3 22	+37.2%	+31.3%
Q4 22	+21.6%	+15.5%
Q1 23	+30.9%	+22.6%
Q2 23	+24.1%	+18.0%
Q3 23	+23.4%	+18.2%
Q4 23	+11.7%	+7.8%
Q1 24	+3.2%	+4.2%
Q2 24	-1.2%	+0.5%
Q3 24	-5.4%	-1.9%
Q4 24	-12.9%	-8.7%
Q1 25	-14.9%	-10.5%
Q2 25	-14.4%	-10.2%
Q3 25	-19.0%	-15.2%
Q4 25	-13.7%	-9.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 22	$78M	$184M
Q2 22	$80M	$177M
Q3 22	$83M	$171M
Q4 22	$100M	$195M
Q1 23	$97M	$195M
Q2 23	$101M	$182M
Q3 23	$104M	$189M
Q4 23	$109M	$194M
Q1 24	$106M	$187M
Q2 24	$117M	$184M
Q3 24	$115M	$187M
Q4 24	$115M	$187M
Q1 25	$115M	$182M
Q2 25	$113M	$179M
Q3 25	$111M	$180M
Q4 25	$106M	$195M

Revenue Segments

Quarter	Truck Parts And Other	Financial Services
Q4 22	$7.7B	—
Q1 23	$8.1B	—
Q2 23	$8.4B	—
Q2 24	$8.3B	$510M
Q3 24	$7.7B	$536M
Q1 25	$7.1B	$185M
Q2 25	$7.1B	$548M
Q3 25	$6.2B	$565M
Q4 25	$5.9B	$912M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$3.3B	$1.5B	$4.8B
Q2 22	$3.2B	$1.6B	$4.8B
Q3 22	$3.3B	$1.5B	$4.9B
Q4 22	$4.7B	$1.6B	$6.3B
Q1 23	$4.4B	$1.6B	$6.0B
Q2 23	$5.1B	$1.7B	$6.8B
Q3 23	$5.9B	$1.7B	$7.6B
Q4 23	$7.2B	$1.8B	$9.0B
Q1 24	$6.2B	$1.8B	$8.0B
Q2 24	$5.9B	$2.1B	$8.0B
Q3 24	$6.8B	$2.5B	$9.4B
Q4 24	$7.1B	$2.8B	$9.8B
Q1 25	$5.5B	$2.8B	$8.3B
Q2 25	$5.5B	$2.9B	$8.5B
Q3 25	$6.3B	$2.9B	$9.3B
Q4 25	$9.3B	$0	$9.3B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	523M	+0.1%	+0.1%
Q2 22	523M	0.0%	+0.1%
Q3 22	523M	+0.0%	+0.2%
Q4 22	524M	+0.1%	+0.2%
Q1 23	524M	+0.1%	+0.2%
Q2 23	525M	+0.1%	+0.3%
Q3 23	525M	+0.1%	+0.4%
Q4 23	526M	+0.1%	+0.3%
Q1 24	526M	+0.1%	+0.4%
Q2 24	527M	+0.1%	+0.3%
Q3 24	527M	-0.0%	+0.2%
Q4 24	527M	+0.0%	+0.2%
Q1 25	527M	+0.0%	+0.1%
Q2 25	527M	-0.0%	+0.0%
Q3 25	527M	+0.0%	+0.1%
Q4 25	527M	+0.0%	+0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$227.1K	29K
Q2 22	$251.2K	29K
Q3 22	$247.7K	29K
Q4 22	$261.4K	31K
Q1 23	$272.5K	31K
Q2 23	$285.6K	31K
Q3 23	$280.1K	31K
Q4 23	$280.1K	32K
Q1 24	$269.9K	32K
Q2 24	$270.7K	32K
Q3 24	$254.3K	32K
Q4 24	$262.7K	30K
Q1 25	$247.2K	30K
Q2 25	$249.5K	30K
Q3 25	$221.7K	30K
Q4 25	$263.4K	26K

Revenue / Employee