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PACCAR (PCAR) Financials

PACCAR logo
$100.51 -0.99 (-0.98%)
Closing price 08/25/2025 04:00 PM Eastern
Extended Trading
$100.04 -0.47 (-0.46%)
As of 08/25/2025 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for PACCAR

Annual Income Statements for PACCAR

This table shows PACCAR's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 1,359 1,604 32,569 1,675 2,195 2,388 1,244 1,866 53,283 64,398 61,345
Consolidated Net Income / (Loss)		 1,359 1,604 32,569 1,675 2,179 2,388 1,301 1,866 53,283 64,398 61,345
Net Income / (Loss) Continuing Operations		 1,359 1,592 32,569 1,675 2,179 2,388 1,244 1,866 53,283 64,398 61,345
Total Pre-Tax Income 		2,018 4,652 1,130 2,173 2,794 3,099 1,662 2,396 54,120 65,516 62,584
Total Operating Income		 2,150 2,433 32,844 2,241 2,859 3,190 1,706 2,460 54,383 66,745 63,497
Total Gross Profit		 3,515 3,798 35,935 3,805 4,538 5,013 3,598 4,430 57,639 70,255 67,328
Total Revenue		 18,997 19,115 49,487 19,456 23,496 25,600 18,729 23,522 57,639 70,255 67,328
Operating Revenue		 18,997 19,115 49,487 19,456 23,496 25,600 18,729 23,522 57,639 70,255 67,328
Total Cost of Revenue		 15,482 15,317 13,552 15,651 18,958 20,586 15,130 19,092 0.00 0.00 0.00
Total Operating Expenses		 1,366 1,365 3,091 1,564 1,679 1,823 1,892 1,970 3,257 3,510 3,831
Selling, General & Admin Expense		 561 542 543 572 645 699 581 677 1,453 1,507 1,488
Research & Development Expense		 216 240 247 265 306 327 274 324 682 822 906
Depreciation Expense		 589 584 - 728 728 0.00 0.00 0.00 561 591 719
Other Operating Expenses / (Income)		 0.00 - 2,301 - - 798 1,037 969 561 591 719
Total Other Income / (Expense), net		 -132 -109 334 -68 -65 -106 -102 -63 -263 -1,229 -913
Interest Expense		 134 118 -299 150 187 231 192 151 433 1,001 1,422
Interest & Investment Income		 22 22 28 35 61 82 36 16 61 292 395
Other Income / (Expense), net		 -21 -12 6.90 46 61 42 54 73 109 -520 114
Income Tax Expense		 659 733 609 498 615 711 360 531 837 1,117 1,239
Basic Earnings per Share		 $3.83 $4.52 $1.49 $4.76 $6.25 $6.88 $2.50 $3.58 $5.76 $8.78 $7.92
Weighted Average Basic Shares Outstanding		 355M 354.60M 351.10 351.90M 351M 346.90M 520.20M 521.70M 522.60M 523.90M 525.30M
Diluted Earnings per Share		 $3.82 $4.51 $1.48 $4.75 $6.24 $6.87 $2.50 $3.57 $5.75 $8.76 $7.90
Weighted Average Diluted Shares Outstanding		 356.10M 355.60M 351.80 352.90M 351.80M 347.50M 521.20M 522.70M 523.40M 525M 526.60M
Weighted Average Basic & Diluted Shares Outstanding		 354.52M 354.90M 350.10M 351.90M 351.20M 346.35M 346.94M 347.57M 522.51M 523.88M 524.80M
Cash Dividends to Common per Share		 - - - - - - - - $2.80 $4.24 $4.17

Quarterly Income Statements for PACCAR

This table shows PACCAR's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Income / (Loss) Attributable to Common Shareholders		 51,193 734 1,221 1,229 61,215 15,997 16,056 972 58,071 13,209 13,621
Consolidated Net Income / (Loss)		 51,193 734 1,221 1,229 61,215 15,997 16,056 972 58,055 13,209 13,621
Net Income / (Loss) Continuing Operations		 51,193 734 1,221 1,229 61,215 15,997 16,056 972 58,071 13,209 13,621
Total Pre-Tax Income 		51,447 919 1,569 1,589 61,439 16,336 16,394 1,256 58,332 13,347 13,829
Total Operating Income		 51,682 1,540 1,604 1,631 61,971 16,544 16,596 1,312 59,105 13,970 14,127
Total Gross Profit		 53,739 1,974 2,025 2,064 64,193 17,489 17,544 1,790 61,511 14,883 15,021
Total Revenue		 36,949 8,473 8,881 8,696 44,204 17,489 17,544 8,240 41,571 14,883 15,021
Operating Revenue		 36,949 8,473 8,881 8,696 44,204 17,489 17,544 8,240 41,571 14,883 15,021
Total Cost of Revenue		 -16,790 6,499 6,857 6,633 -19,989 0.00 0.00 6,450 -19,940 0.00 0.00
Total Operating Expenses		 2,058 435 421 433 2,222 945 948 478 2,406 913 894
Selling, General & Admin Expense		 921 195 182 182 947 373 367 187 931 363 359
Research & Development Expense		 441 97 101 104 520 211 234 115 568 231 226
Depreciation Expense		 561 0.00 0.00 0.00 591 180 174 0.00 719 160 155
Other Operating Expenses / (Income)		 135 142 138 147 164 180 174 177 188 160 155
Total Other Income / (Expense), net		 -234 -624 -35 -41 -529 -208 -202 -55 -757 -623 -298
Interest Expense		 291 94 116 139 653 320 345 188 901 381 401
Interest & Investment Income		 37 49 63 81 100 86 96 109 105 84 84
Other Income / (Expense), net		 20 -579 18 16 24 27 47 24 39 -326 19
Income Tax Expense		 254 185 347 361 224 339 338 284 277 138 208
Basic Earnings per Share		 $97.96 $1.40 $2.33 $2.35 $116.84 $2.28 $2.14 $1.85 $110.55 $0.96 $1.38
Weighted Average Basic Shares Outstanding		 522.60M 523.50M 523.80M 524.10M 523.90M 524.90M 525.30M 525.40M 525.30M 525.90M 525.90M
Diluted Earnings per Share		 $97.96 $1.40 $2.33 $2.34 $116.84 $2.27 $2.13 $1.85 $110.55 $0.96 $1.37
Weighted Average Diluted Shares Outstanding		 523.40M 524.40M 524.80M 525.30M 525M 526.30M 526.60M 526.50M 526.60M 526.90M 526.70M
Weighted Average Basic & Diluted Shares Outstanding		 522.51M 522.58M 522.81M 523.08M 523.88M 524.15M 524.22M 524.30M 524.80M 524.96M 525.10M
Cash Dividends to Common per Share		 $0.25 - - $0.27 $0.27 $0.27 $0.30 $0.30 $0.30 $0.33 $0.33

Annual Cash Flow Statements for PACCAR

This table details how cash moves in and out of PACCAR's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -13 279 -101 449 1,133 739 -636 -111 1,263 2,491 -121
Net Cash From Operating Activities		 2,124 2,556 2,301 2,716 2,992 2,860 2,987 2,187 3,027 4,190 4,641
Net Cash From Continuing Operating Activities		 2,124 2,556 2,301 2,716 2,992 2,860 2,987 2,187 3,027 4,227 4,641
Net Income / (Loss) Continuing Operations		 1,359 1,604 522 1,675 2,195 2,388 1,301 1,866 3,012 4,601 4,162
Consolidated Net Income / (Loss)		 1,359 1,604 522 1,675 2,195 2,388 1,301 1,866 3,012 4,601 4,162
Depreciation Expense		 918 907 993 1,108 1,054 1,077 1,049 903 790 924 917
Non-Cash Adjustments To Reconcile Net Income		 -25 -3.90 -137 -4.70 -37 6.30 -136 -4.30 -20 -253 61
Changes in Operating Assets and Liabilities, net		 -128 49 923 -62 -220 -611 773 -578 -755 -1,045 -499
Net Cash From Investing Activities		 -1,532 -1,975 -1,564 -1,965 -1,931 -2,207 -1,876 -1,363 -2,033 -2,871 -4,487
Net Cash From Continuing Investing Activities		 -1,532 -1,975 -1,564 -1,965 -1,931 -2,207 -1,876 -1,363 -2,033 -2,871 -4,487
Purchase of Property, Plant & Equipment		 -1,536 -1,725 -1,965 -1,847 -1,953 -1,971 -1,638 -1,621 -1,406 -1,263 -2,258
Acquisitions		 - - - - - - - - 0.00 0.00 -208
Purchase of Investments		 -4,237 -4,394 -3,858 -4,087 -4,475 -4,932 -4,760 -5,474 -5,947 -7,345 -8,735
Sale of Property, Plant & Equipment		 396 424 443 476 654 590 655 904 688 585 696
Sale and/or Maturity of Investments		 3,846 3,717 3,815 3,493 3,846 4,104 3,850 4,840 4,606 5,134 5,943
Other Investing Activities, net		 0.00 3.10 0.50 0.00 -1.90 1.10 17 -13 27 18 74
Net Cash From Financing Activities		 -521 -197 -824 -394 71 83 -1,809 -883 305 1,102 -123
Net Cash From Continuing Financing Activities		 -521 -197 -824 -394 71 83 -1,809 -883 305 1,102 -123
Repayment of Debt		 -1,534 -1,329 -1,948 -1,897 -1,755 -1,790 -1,899 -2,337 -2,266 -512 -2,473
Repurchase of Common Equity		 -43 -202 -71 0.00 -354 -110 -42 -1.50 -2.10 -3.50 -4.50
Payment of Dividends		 -624 -681 -829 -558 -804 -1,139 -1,240 -708 -1,005 -1,519 -2,289
Issuance of Debt		 1,651 1,993 1,995 2,022 2,966 3,061 1,318 2,126 3,542 3,085 4,591
Issuance of Common Equity		 - 22 29 39 19 61 54 38 36 52 52
Effect of Exchange Rate Changes		 -84 - -14 92 - 2.90 62 -52 -36 70 -151

Quarterly Cash Flow Statements for PACCAR

This table details how cash moves in and out of PACCAR's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Change in Cash & Equivalents		 1,367 -281 736 760 1,275 -987 -323 978 212 -1,543 32
Net Cash From Operating Activities		 1,249 685 976 1,343 1,187 1,469 440 1,286 1,446 910 833
Net Cash From Continuing Operating Activities		 1,249 685 976 1,343 1,224 1,469 440 1,286 1,446 910 833
Net Income / (Loss) Continuing Operations		 921 734 1,221 1,229 1,417 1,195 1,123 972 872 505 724
Consolidated Net Income / (Loss)		 921 734 1,221 1,229 1,417 1,195 1,123 972 872 505 724
Depreciation Expense		 205 221 223 234 246 235 232 227 223 205 207
Non-Cash Adjustments To Reconcile Net Income		 198 -61 -53 -4.30 -135 8.00 5.90 -17 64 48 -21
Changes in Operating Assets and Liabilities, net		 -75 -209 -416 -115 -304 31 -920 104 286 152 -77
Net Cash From Investing Activities		 -715 -293 -752 -886 -940 -526 -1,044 -1,186 -1,732 -393 -618
Net Cash From Continuing Investing Activities		 -715 -293 -752 -886 -940 -526 -1,044 -1,186 -1,732 -393 -618
Purchase of Property, Plant & Equipment		 -309 -292 -272 -351 -348 -428 -502 -330 -998 -302 -392
Purchase of Investments		 -1,664 -1,417 -2,054 -1,884 -1,991 -1,758 -2,191 -2,303 -2,483 -1,737 -2,064
Sale of Property, Plant & Equipment		 176 162 139 149 136 169 184 169 175 200 153
Sale and/or Maturity of Investments		 1,082 1,237 1,435 1,199 1,263 1,491 1,517 1,353 1,582 1,495 1,686
Net Cash From Financing Activities		 724 -691 492 358 943 -1,880 301 813 643 -2,135 -291
Net Cash From Continuing Financing Activities		 724 -691 492 358 943 -1,880 301 813 643 -2,135 -291
Repayment of Debt		 -173 -639 69 -1,648 1,706 -1,110 -181 -806 -376 -1,103 -1,250
Repurchase of Common Equity		 -0.10 -3.00 - -0.10 -0.40 -4.00 - -0.50 - -4.30 -31
Payment of Dividends		 -129 -1,105 -131 -141 -141 -1,817 -157 -157 -157 -1,747 -173
Issuance of Debt		 1,012 1,036 546 2,134 -630 1,015 632 1,774 1,170 698 1,161
Issuance of Common Equity		 14 21 8.30 14 8.40 35 6.90 3.00 6.60 23 2.30
Effect of Exchange Rate Changes		 109 18 20 -54 86 -50 -20 64 -145 74 107

Annual Balance Sheets for PACCAR

This table presents PACCAR's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 20,619 21,110 20,639 23,440 25,482 27,963 27,946 29,509 33,276 40,823 43,419
Total Current Assets		 2,610 5,299 2,229 6,193 7,320 7,022 7,904 9,272 10,960 14,115 14,702
Cash & Equivalents		 - 2,016 - 2,365 3,436 4,175 3,540 3,428 4,691 7,182 7,061
Short-Term Investments		 1,272 1,448 1,141 1,367 1,020 - 1,429 1,559 1,614 1,823 2,779
Accounts Receivable		 1,047 879 862 1,128 1,314 1,306 1,198 1,575 1,920 2,198 1,934
Inventories, net		 - 797 - 928 1,185 1,153 1,222 1,976 2,199 2,577 2,367
Other Current Assets		 291 246 226 404 365 388 516 733 682 681 751
Plant, Property, & Equipment, net		 0.00 5,549 5,898 6,606 6,123 5,768 6,541 3,398 3,468 3,780 3,986
Total Noncurrent Assets		 750 10,175 1,032 10,641 12,040 13,645 13,501 16,840 18,701 22,584 24,542
Noncurrent Note & Lease Receivables		 - 9,304 - 9,697 10,841 12,086 11,821 11,921 13,792 17,572 19,314
Other Noncurrent Operating Assets		 750 871 1,032 944 1,199 1,559 1,681 4,919 4,910 5,012 5,227
Total Liabilities & Shareholders' Equity		 20,619 21,110 20,639 23,440 25,482 28,361 28,260 29,509 33,276 40,823 43,419
Total Liabilities		 7,368 14,169 6,899 15,390 16,890 18,655 17,870 17,915 20,108 24,945 25,912
Total Current Liabilities		 6,649 2,564 6,160 6,392 7,787 8,730 7,562 8,709 5,486 6,751 6,379
Short-Term Debt		 2,642 2,797 2,448 2,934 3,541 4,110 3,344 3,303 3,605 5,610 6,004
Accounts Payable		 2,682 2,429 2,429 3,036 3,551 3,823 3,975 4,555 5,339 6,069 5,912
Dividends Payable		 354 493 210 422 695 797 243 521 975 1,675 1,574
Total Noncurrent Liabilities		 719 7,404 739 8,998 9,103 9,925 10,308 9,207 10,190 11,591 12,423
Long-Term Debt		 - 5,795 - 5,946 6,410 - 7,509 7,129 7,867 8,625 9,891
Noncurrent Deferred Revenue		 - - - 1,339 842 587 457 - 209 143 0.00
Noncurrent Deferred & Payable Income Tax Liabilities		 - 889 - 774 705 790 855 590 624 702 577
Other Noncurrent Operating Liabilities		 719 720 739 940 1,146 8,548 1,487 1,488 1,490 2,122 1,954
Total Equity & Noncontrolling Interests		 6,753 6,940 6,778 8,051 8,593 9,706 10,390 11,594 13,167 15,879 17,507
Total Preferred & Common Equity		 6,753 6,940 6,778 8,051 8,593 9,706 10,390 11,594 13,167 15,879 17,507
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 6,753 6,940 6,778 8,051 8,593 9,706 10,390 11,594 13,167 15,879 17,507
Common Stock		 512 421 421 475 416 408 435 489 718 792 869
Retained Earnings		 6,864 7,537 7,485 8,369 9,275 10,399 11,005 12,026 13,402 15,780 17,751
Treasury Stock		 -43 - - - - - - - - 0.00 0.00
Accumulated Other Comprehensive Income / (Loss)		 -580 -1,017 -1,128 -794 -1,099 -1,100 -1,050 -921 -953 -694 -1,113

Quarterly Balance Sheets for PACCAR

This table presents PACCAR's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Total Assets		 33,276 34,826 36,868 38,040 40,823 40,374 41,177 43,282 43,419 42,725 44,095
Total Current Assets		 10,960 11,776 12,610 13,286 14,115 13,802 14,000 14,663 14,702 13,448 13,852
Cash & Equivalents		 4,691 4,410 5,146 5,906 7,182 6,195 5,872 6,849 7,061 5,518 5,550
Short-Term Investments		 1,614 1,639 1,691 1,743 1,823 1,831 2,146 2,511 2,779 2,827 2,914
Accounts Receivable		 1,920 2,347 2,351 2,304 2,198 2,411 2,731 2,199 1,934 2,212 2,210
Inventories, net		 2,199 2,609 2,713 2,622 2,577 2,743 2,783 2,645 2,367 2,376 2,457
Other Current Assets		 682 771 709 711 681 622 682 666 751 760 906
Plant, Property, & Equipment, net		 3,468 3,512 3,602 3,614 3,780 3,797 3,896 4,041 3,986 4,127 4,397
Total Noncurrent Assets		 18,701 19,538 20,656 21,140 22,584 22,775 23,068 24,371 24,542 24,906 25,662
Noncurrent Note & Lease Receivables		 13,792 14,542 15,664 16,260 17,572 17,873 18,113 19,294 19,314 19,611 20,193
Other Noncurrent Operating Assets		 4,910 2,294 2,478 2,543 5,012 2,746 4,955 5,077 5,227 5,294 5,469
Total Liabilities & Shareholders' Equity		 33,276 34,826 36,868 38,040 40,823 40,374 41,177 43,282 43,419 42,725 44,095
Total Liabilities		 20,108 20,944 21,788 22,016 24,945 23,502 23,474 24,618 25,912 24,703 25,152
Total Current Liabilities		 5,486 10,360 11,178 11,494 6,751 11,747 5,271 5,236 6,379 5,103 5,174
Short-Term Debt		 3,605 3,859 4,637 5,019 5,610 4,915 5,252 5,497 6,004 5,687 5,101
Accounts Payable		 5,339 6,307 6,362 6,312 6,069 6,705 6,380 6,397 5,912 6,229 6,249
Dividends Payable		 975 0.00 0.00 0.00 1,675 0.00 0.00 0.00 1,574 0.00 0.00
Total Noncurrent Liabilities		 10,190 10,585 10,610 10,523 11,591 11,755 11,842 12,724 12,423 12,786 13,803
Long-Term Debt		 7,867 8,057 7,953 7,906 8,625 9,115 9,153 10,023 9,891 9,968 10,838
Noncurrent Deferred Revenue		 209 - - - 143 - 116 96 80 0.00 0.00
Noncurrent Deferred & Payable Income Tax Liabilities		 624 646 686 645 702 647 611 627 577 583 654
Other Noncurrent Operating Liabilities		 1,490 1,882 1,971 1,971 2,122 1,993 1,962 1,978 1,874 2,235 2,311
Total Equity & Noncontrolling Interests		 13,167 13,882 15,079 16,023 15,879 16,872 17,703 18,664 17,507 18,022 18,943
Total Preferred & Common Equity		 13,167 13,882 15,079 16,023 15,879 16,872 17,703 18,664 17,507 18,022 18,943
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 13,167 13,882 15,079 16,023 15,879 16,872 17,703 18,664 17,507 18,022 18,943
Common Stock		 718 753 765 781 792 842 854 860 869 907 915
Retained Earnings		 13,402 14,005 15,096 16,182 15,780 16,834 17,799 18,613 17,751 18,083 18,633
Treasury Stock		 - -3.00 -3.00 -3.10 0.00 -4.00 -4.00 -4.50 0.00 -4.30 -35
Accumulated Other Comprehensive Income / (Loss)		 -953 -873 -778 -938 -694 -800 -945 -805 -1,113 -963 -570

Annual Metrics And Ratios for PACCAR

This table displays calculated financial ratios and metrics derived from PACCAR's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 6.51% 0.62% 158.89% -60.68% 20.76% 8.95% -26.84% 25.60% 145.04% 21.89% -4.17%
EBITDA Growth		 -8.57% 9.23% 916.94% -89.97% 17.05% 8.44% -34.81% 22.29% 1,509.14% 21.47% -3.90%
EBIT Growth		 -15.57% 13.71% 1,256.96% -93.04% 27.63% 10.70% -45.54% 43.86% 2,051.96% 21.53% -3.95%
NOPAT Growth		 -32.12% 41.57% 639.49% -88.60% 29.05% 10.25% -45.64% 43.32% 2,696.23% 22.53% -5.13%
Net Income Growth		 16.01% 18.05% 1,930.46% -94.86% 30.05% 9.61% -45.51% 43.37% 2,756.24% 20.86% -4.74%
EPS Growth		 15.76% 18.06% -67.18% 220.95% 31.37% 10.10% -45.51% 43.37% 2,756.24% 52.35% -9.82%
Operating Cash Flow Growth		 -10.61% 20.36% -9.98% 18.04% 10.18% -4.41% 4.44% -26.80% 38.43% 38.42% 10.76%
Free Cash Flow Firm Growth		 3,401.82% -87.78% 367.03% -188.40% 113.15% 717.72% -172.81% 108.79% 9,172.22% 19.96% -3.61%
Invested Capital Growth		 -118.48% 3.67% 271.62% 260.68% 8.53% -42.42% 90.37% 8.37% 9.96% 18.00% 10.32%
Revenue Q/Q Growth		 0.49% -3.22% 185.62% -64.85% 33.04% -0.63% 1.13% 1.55% 110.54% 105.54% 93.29%
EBITDA Q/Q Growth		 23.23% 0.63% 1,313.46% -91.40% 449.96% -0.73% 24.06% -15.61% 1,191.55% 960.65% 804.46%
EBIT Q/Q Growth		 -13.30% 1.39% 2,211.80% -94.05% 231.33% -1.74% 46.70% -18.56% 1,464.20% 1,115.60% 926.77%
NOPAT Q/Q Growth		 -28.73% 24.00% 1,305.05% -94.07% 224.26% -1.24% 87.61% -24.84% 1,934.13% 1,305.47% 1,178.17%
Net Income Q/Q Growth		 4.63% -2.85% 5,514.31% -94.99% -1.25% -1.25% 97.27% -25.96% 1,942.28% 1,468.85% 1,203.18%
EPS Q/Q Growth		 4.66% -2.80% -9.76% 21.79% -0.32% -1.72% 97.27% -25.96% 1,942.28% 11.88% -11.53%
Operating Cash Flow Q/Q Growth		 -28.62% 14.94% 21.16% -7.95% 6.09% -4.07% -4.75% 12.43% 7.54% -1.46% 5.91%
Free Cash Flow Firm Q/Q Growth		 1,732.78% -46.96% -25.76% -128.39% 106.27% 576.16% -988.48% -52.57% 3,064.33% 3,405.55% 4,352.10%
Invested Capital Q/Q Growth		 -118.40% -121.24% 506.36% 3,548.15% -0.41% -46.94% 1.03% 0.87% 4.91% 6.97% 1.26%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 18.51% 19.87% 72.62% 19.56% 19.31% 19.58% 19.21% 18.83% 100.00% 100.00% 100.00%
EBITDA Margin		 16.04% 17.41% 68.39% 17.45% 16.91% 16.83% 15.00% 14.61% 95.91% 95.58% 95.84%
Operating Margin		 11.32% 12.73% 66.37% 11.52% 12.17% 12.46% 9.11% 10.46% 94.35% 95.00% 94.31%
EBIT Margin		 11.21% 12.66% 66.38% 11.76% 12.43% 12.63% 9.40% 10.77% 94.54% 94.26% 94.48%
Profit (Net Income) Margin		 7.15% 8.39% 65.81% 8.61% 9.27% 9.33% 6.95% 7.93% 92.44% 91.66% 91.11%
Tax Burden Percent		 67.35% 34.48% 2,881.16% 77.08% 77.98% 77.05% 78.31% 77.85% 98.45% 98.29% 98.02%
Interest Burden Percent		 94.77% 192.18% 3.44% 95.00% 95.68% 95.89% 94.40% 94.63% 99.32% 98.93% 98.39%
Effective Tax Rate		 32.65% 15.76% 53.85% 22.92% 22.02% 22.95% 21.69% 22.15% 1.55% 1.71% 1.98%
Return on Invested Capital (ROIC)		 28.74% 0.00% 1,923.73% 19.86% 15.70% 21.10% 10.81% 11.34% 290.46% 311.73% 259.77%
ROIC Less NNEP Spread (ROIC-NNEP)		 34.12% 0.00% 1,636.95% 15.79% 14.83% 18.30% 9.30% 10.51% 286.19% 293.20% 247.45%
Return on Net Nonoperating Assets (RNNOA)		 -8.44% 0.00% -1,448.90% 2.73% 10.48% 5.00% 2.14% 5.63% 139.92% 131.70% 107.73%
Return on Equity (ROE)		 20.30% 23.43% 474.83% 22.59% 26.18% 26.10% 12.95% 16.97% 430.38% 443.42% 367.49%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 243.13% -93.31% 7.52% 74.95% -51.43% 3.31% 280.97% 295.21% 249.95%
Operating Return on Assets (OROA)		 10.30% 11.60% 157.37% 10.38% 11.94% 12.09% 6.30% 8.81% 173.58% 178.75% 151.02%
Return on Assets (ROA)		 6.57% 7.69% 156.02% 7.60% 8.91% 8.94% 4.65% 6.49% 169.73% 173.82% 145.64%
Return on Common Equity (ROCE)		 20.30% 23.43% 474.83% 22.59% 26.18% 26.10% 12.95% 16.97% 430.38% 443.42% 367.49%
Return on Equity Simple (ROE_SIMPLE)		 20.12% 23.11% 480.53% 20.81% 25.35% 24.60% 12.52% 16.09% 404.67% 405.56% 350.40%
Net Operating Profit after Tax (NOPAT)		 1,448 2,050 15,158 1,728 2,229 2,458 1,336 1,915 53,542 65,607 62,240
NOPAT Margin		 7.62% 10.72% 30.63% 8.88% 9.49% 9.60% 7.13% 8.14% 92.89% 93.38% 92.44%
Net Nonoperating Expense Percent (NNEP)		 -5.38% -4.90% 286.78% 4.08% 0.86% 2.80% 1.51% 0.84% 4.27% 18.53% 12.32%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - 217.31% 217.87% 186.34%
Cost of Revenue to Revenue		 81.50% 80.13% 27.39% 80.44% 80.69% 80.42% 80.79% 81.17% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 2.96% 2.83% 1.10% 2.94% 2.74% 2.73% 3.10% 2.88% 2.52% 2.14% 2.21%
R&D to Revenue		 1.13% 1.25% 0.50% 1.36% 1.30% 1.28% 1.46% 1.38% 1.18% 1.17% 1.35%
Operating Expenses to Revenue		 7.19% 7.14% 6.25% 8.04% 7.15% 7.12% 10.10% 8.38% 5.65% 5.00% 5.69%
Earnings before Interest and Taxes (EBIT)		 2,129 2,421 32,851 2,288 2,920 3,232 1,760 2,532 54,492 66,225 63,611
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3,047 3,328 33,844 3,395 3,974 4,309 2,809 3,436 55,282 67,149 64,528
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.48 1.76 2.48 2.41 1.90 2.42 2.53 2.40 2.39 3.08 3.11
Price to Tangible Book Value (P/TBV)		 2.48 1.76 2.48 2.41 1.90 2.42 2.53 2.40 2.39 3.08 3.11
Price to Revenue (P/Rev)		 0.88 0.64 0.34 1.00 0.70 0.92 1.40 1.18 0.55 0.70 0.81
Price to Earnings (P/E)		 12.34 7.61 0.52 11.59 7.45 9.83 21.12 14.90 0.59 0.76 0.89
Dividend Yield		 3.93% 6.72% 2.50% 2.25% 6.61% 5.28% 2.61% 3.55% 4.63% 4.53% 4.02%
Earnings Yield		 8.10% 13.15% 193.81% 8.63% 13.43% 10.18% 4.74% 6.71% 169.20% 131.56% 112.83%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 4.80 1.80 1.48 2.75 1.98 1.89 1.90 2.38 2.40
Enterprise Value to Revenue (EV/Rev)		 0.95 0.71 0.37 1.26 0.93 0.91 1.72 1.41 0.64 0.77 0.90
Enterprise Value to EBITDA (EV/EBITDA)		 5.95 4.07 0.54 7.24 5.50 5.43 11.44 9.68 0.66 0.81 0.94
Enterprise Value to EBIT (EV/EBIT)		 8.52 5.60 0.55 10.74 7.48 7.24 18.26 13.13 0.67 0.82 0.95
Enterprise Value to NOPAT (EV/NOPAT)		 12.53 6.61 1.19 14.22 9.80 9.52 24.06 17.36 0.68 0.83 0.97
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.54 5.30 7.87 9.05 7.30 8.18 10.76 15.20 12.11 12.93 13.02
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.13 6.89 1.97 0.00 20.46 2.68 0.00 59.52 0.71 0.87 1.01
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.39 0.40 0.36 1.10 1.16 0.42 1.04 0.90 0.87 0.90 0.91
Long-Term Debt to Equity		 0.00 0.00 0.00 0.74 0.75 0.00 0.72 0.61 0.60 0.54 0.57
Financial Leverage		 -0.25 -1.33 -0.89 0.17 0.71 0.27 0.23 0.54 0.49 0.45 0.44
Leverage Ratio		 3.09 3.05 3.04 2.97 2.94 2.92 2.78 2.61 2.54 2.55 2.52
Compound Leverage Factor		 2.93 5.86 0.10 2.82 2.81 2.80 2.63 2.47 2.52 2.52 2.48
Debt to Total Capital		 28.12% 28.72% 26.53% 52.45% 53.66% 29.75% 51.09% 47.36% 46.56% 47.27% 47.59%
Short-Term Debt to Total Capital		 28.12% 28.72% 26.53% 17.33% 19.09% 29.75% 15.74% 15.00% 14.63% 18.63% 17.97%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 35.12% 34.57% 0.00% 35.35% 32.37% 31.93% 28.64% 29.61%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 71.88% 71.28% 73.47% 47.55% 46.34% 70.25% 48.91% 52.64% 53.44% 52.73% 52.41%
Debt to EBITDA		 0.87 0.84 0.07 2.62 2.50 0.95 3.86 3.04 0.21 0.21 0.25
Net Debt to EBITDA		 0.45 0.41 0.04 1.52 1.38 -0.02 2.09 1.58 0.09 0.08 0.09
Long-Term Debt to EBITDA		 0.00 0.00 0.00 1.75 1.61 0.00 2.67 2.08 0.14 0.13 0.15
Debt to NOPAT		 1.82 1.36 0.16 5.14 4.46 1.67 8.12 5.45 0.21 0.22 0.26
Net Debt to NOPAT		 0.95 0.66 0.09 2.98 2.46 -0.03 4.40 2.84 0.10 0.08 0.10
Long-Term Debt to NOPAT		 0.00 0.00 0.00 3.44 2.88 0.00 5.62 3.72 0.15 0.13 0.16
Altman Z-Score		 2.86 2.52 9.39 2.40 2.37 2.50 2.33 2.60 8.84 9.01 8.45
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.39 0.38 0.36 0.97 0.94 0.80 1.05 1.06 2.00 2.09 2.30
Quick Ratio		 0.35 0.34 0.33 0.76 0.74 0.63 0.82 0.75 1.50 1.66 1.85
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 16,092 1,966 9,181 -8,116 1,067 8,729 -6,356 559 51,793 62,131 59,888
Operating Cash Flow to CapEx		 186.17% 196.45% 151.21% 198.13% 230.27% 207.21% 303.82% 305.19% 421.18% 618.82% 297.19%
Free Cash Flow to Firm to Interest Expense		 120.36 16.66 0.00 -54.25 5.71 37.87 -33.09 3.70 119.72 62.06 42.13
Operating Cash Flow to Interest Expense		 15.88 21.66 0.00 18.15 16.01 12.41 15.55 14.49 7.00 4.19 3.26
Operating Cash Flow Less CapEx to Interest Expense		 7.35 10.63 0.00 8.99 9.06 6.42 10.43 9.74 5.34 3.51 2.17
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.92 0.92 2.37 0.88 0.96 0.96 0.67 0.82 1.84 1.90 1.60
Accounts Receivable Turnover		 18.38 19.85 56.84 19.55 19.24 19.54 14.96 16.97 32.98 34.12 32.59
Inventory Turnover		 0.00 0.00 0.00 0.00 17.94 17.61 12.74 11.94 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 3.11 3.69 4.31 3.04 4.73 16.79 19.38 17.34
Accounts Payable Turnover		 5.92 5.99 5.58 5.73 5.76 5.58 3.88 4.48 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 19.85 18.39 6.42 18.67 18.97 18.68 24.40 21.51 11.07 10.70 11.20
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 20.34 20.73 28.65 30.57 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 61.63 60.89 65.42 63.72 63.41 65.37 94.06 81.54 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 -41.78 -42.50 -59.00 -45.06 -24.09 -25.96 -41.02 -29.46 11.07 10.70 11.20
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -2,284 -2,200 3,776 13,620 14,782 8,511 16,203 17,559 19,308 22,784 25,136
Invested Capital Turnover		 3.77 -8.52 62.80 2.24 1.65 2.20 1.52 1.39 3.13 3.34 2.81
Increase / (Decrease) in Invested Capital		 -14,644 84 5,977 9,844 1,162 -6,271 7,692 1,356 1,749 3,476 2,352
Enterprise Value (EV)		 18,138 13,549 18,111 24,569 21,839 23,401 32,148 33,244 36,658 54,179 60,423
Market Capitalization		 16,768 12,201 16,804 19,421 16,344 23,465 26,263 27,800 31,491 48,949 54,368
Book Value per Share		 $19.07 $19.64 $19.33 $22.90 $24.59 $28.06 $29.99 $33.40 $37.86 $30.36 $33.39
Tangible Book Value per Share		 $19.07 $19.64 $19.33 $22.90 $24.59 $28.06 $29.99 $33.40 $37.86 $30.36 $33.39
Total Capital		 9,395 9,737 9,225 16,930 18,543 13,816 21,243 22,026 24,639 30,113 33,402
Total Debt		 2,642 2,797 2,448 8,879 9,951 4,110 10,853 10,432 11,472 14,235 15,895
Total Long-Term Debt		 0.00 0.00 0.00 5,946 6,410 0.00 7,509 7,129 7,867 8,625 9,891
Net Debt		 1,370 1,348 1,307 5,148 5,494 -65 5,885 5,444 5,167 5,230 6,055
Capital Expenditures (CapEx)		 1,141 1,301 1,522 1,371 1,300 1,380 983 717 719 677 1,562
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -2,669 -2,844 -2,624 -997 -1,382 -1,772 -1,283 -1,122 2,773 3,969 4,487
Debt-free Net Working Capital (DFNWC)		 -1,397 -1,396 -1,483 2,735 3,074 2,403 3,686 3,866 9,078 12,973 14,327
Net Working Capital (NWC)		 -4,039 -4,192 -3,931 -199 -467 -1,708 342 563 5,473 7,363 8,323
Net Nonoperating Expense (NNE)		 89 446 -17,411 52 51 70 35 49 258 1,208 895
Net Nonoperating Obligations (NNO)		 -9,038 -9,141 -3,001 5,570 6,189 -1,195 5,813 5,965 6,141 6,905 7,629
Total Depreciation and Amortization (D&A)		 918 907 993 1,108 1,054 1,077 1,049 903 790 924 917
Debt-free, Cash-free Net Working Capital to Revenue		 -14.05% -14.88% -5.30% -5.12% -5.88% -6.92% -6.85% -4.77% 4.81% 5.65% 6.66%
Debt-free Net Working Capital to Revenue		 -7.36% -7.30% -3.00% 14.06% 13.08% 9.39% 19.68% 16.44% 15.75% 18.47% 21.28%
Net Working Capital to Revenue		 -21.26% -21.93% -7.94% -1.02% -1.99% -6.67% 1.82% 2.39% 9.50% 10.48% 12.36%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.55 $3.01 $0.00 $3.17 $4.17 $4.59 $2.49 $3.55 $5.76 $8.78 $7.92
Adjusted Weighted Average Basic Shares Outstanding		 532.50M 531.90M 0.00 527.85M 526.00 520.35M 520.20M 521.70M 522.60M 523.90M 525.30M
Adjusted Diluted Earnings per Share		 $2.55 $3.01 $0.00 $3.17 $4.16 $4.58 $2.49 $3.55 $5.75 $8.76 $7.90
Adjusted Weighted Average Diluted Shares Outstanding		 534.15M 533.40M 0.00 529.35M 528.00 521.25M 521.10M 522.60M 523.40M 525M 526.60M
Adjusted Basic & Diluted Earnings per Share		 $2.55 $0.00 $0.00 $0.00 $0.00 $4.59 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 531.77M 527.04M 0.00 527.98M 520.08M 519.53M 520.41M 521.36M 522.51M 523.88M 524.80M
Normalized Net Operating Profit after Tax (NOPAT)		 1,448 2,050 22,991 1,728 2,229 2,458 1,336 1,915 53,542 65,607 62,240
Normalized NOPAT Margin		 7.62% 10.72% 46.46% 8.88% 9.49% 9.60% 7.13% 8.14% 92.89% 93.38% 92.44%
Pre Tax Income Margin		 10.62% 24.34% 2.28% 11.17% 11.89% 12.11% 8.87% 10.19% 93.89% 93.25% 92.95%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 15.92 20.52 0.00 15.29 15.62 14.02 9.16 16.78 125.96 66.15 44.75
NOPAT to Interest Expense		 10.83 17.37 0.00 11.55 11.93 10.66 6.96 12.69 123.77 65.53 43.78
EBIT Less CapEx to Interest Expense		 7.39 9.49 0.00 6.13 8.67 8.03 4.04 12.03 124.30 65.47 43.65
NOPAT Less CapEx to Interest Expense		 2.30 6.34 0.00 2.39 4.98 4.67 1.84 7.94 122.11 64.85 42.68
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 45.91% 42.43% 2.55% 33.33% 36.92% 47.68% 95.28% 37.95% 1.89% 2.36% 3.73%
Augmented Payout Ratio		 49.05% 54.99% 2.76% 33.33% 53.19% 52.30% 98.52% 38.03% 1.89% 2.36% 3.74%

Quarterly Metrics And Ratios for PACCAR

This table displays calculated financial ratios and metrics derived from PACCAR's official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 452.63% 30.91% 24.06% 23.20% 19.63% 3.20% -1.23% -5.25% -5.96% -14.90% -14.38%
EBITDA Growth		 5,641.79% 18.27% 59.03% 54.55% 19.91% 54.67% -4.08% -16.92% -4.62% -17.59% -14.94%
EBIT Growth		 7,360.49% 18.09% 68.34% 62.42% 19.91% 65.81% -5.17% -18.89% -4.60% -17.66% -15.00%
NOPAT Growth		 9,791.96% 102.09% 69.87% 63.93% 20.07% -0.79% -6.81% -19.48% -4.73% -14.66% -14.39%
Net Income Growth		 9,769.46% 22.21% 69.50% 59.67% 19.58% 62.87% -8.07% -20.87% -5.16% -17.43% -15.16%
EPS Growth		 9,769.46% 21.74% 70.07% 59.18% 19.27% 62.14% -8.58% -20.94% -5.38% -57.71% -35.68%
Operating Cash Flow Growth		 20.48% 49.10% 52.85% 97.30% -4.97% 114.52% -54.89% -4.23% 21.83% -38.03% 89.41%
Free Cash Flow Firm Growth		 6,039.95% 97.11% -318.55% -621.99% 17.30% -450.91% -62.02% -53.47% -3.08% -13.04% -10.83%
Invested Capital Growth		 9.96% 8.67% 13.89% 15.73% 18.00% 15.83% 15.64% 16.55% 10.32% 10.74% 9.66%
Revenue Q/Q Growth		 423.44% 4.23% 4.81% -2.08% 408.30% -3.66% 0.32% -6.07% 404.51% -64.20% 0.92%
EBITDA Q/Q Growth		 4,164.71% -16.97% 56.09% 1.97% 3,208.93% -7.42% -3.20% -11.68% 3,698.78% -76.67% 3.64%
EBIT Q/Q Growth		 4,998.23% -21.18% 68.76% 1.59% 3,663.92% -7.86% -3.48% -13.11% 4,326.96% -76.93% 3.68%
NOPAT Q/Q Growth		 6,588.02% 30.82% 1.55% 0.97% 4,798.47% -17.12% -4.62% -12.76% 5,695.69% -76.50% 0.64%
Net Income Q/Q Growth		 6,553.61% -20.34% 66.39% 0.61% 4,882.88% -15.66% -6.08% -13.41% 5,872.10% -77.25% 3.12%
EPS Q/Q Growth		 6,553.61% -20.45% 66.43% 0.43% 4,893.16% -16.24% -6.17% -13.15% 5,875.68% -99.13% 42.71%
Operating Cash Flow Q/Q Growth		 83.46% -45.16% 42.45% 37.67% -11.64% 23.79% -70.05% 192.32% 12.40% -37.03% -8.45%
Free Cash Flow Firm Q/Q Growth		 22,035.30% 57.22% -273.44% -26.48% 3,663.66% 4.83% -9.82% -19.81% 2,350.49% -79.87% 1.93%
Invested Capital Q/Q Growth		 4.91% 2.28% 5.49% 2.24% 6.97% 0.40% 5.31% 3.04% 1.26% 0.78% 4.28%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 145.44% 23.30% 22.80% 23.73% 145.22% 23.31% 22.66% 21.72% 147.97% 100.00% 100.00%
EBITDA Margin		 140.48% 13.95% 20.77% 21.63% 140.80% 20.90% 20.17% 18.97% 142.81% 93.05% 95.55%
Operating Margin		 139.87% 18.17% 18.06% 18.75% 140.19% 17.91% 17.26% 15.92% 142.18% 93.86% 94.05%
EBIT Margin		 139.93% 11.34% 18.26% 18.94% 140.25% 18.22% 17.53% 16.21% 142.27% 91.67% 94.17%
Profit (Net Income) Margin		 138.55% 8.66% 13.75% 14.13% 138.48% 13.67% 12.80% 11.80% 139.65% 88.75% 90.68%
Tax Burden Percent		 99.51% 79.86% 77.85% 77.29% 99.64% 77.90% 76.85% 77.38% 99.52% 98.97% 98.50%
Interest Burden Percent		 99.51% 95.66% 96.74% 96.50% 99.10% 96.33% 95.01% 94.03% 98.63% 97.82% 97.76%
Effective Tax Rate		 0.49% 20.14% 22.15% 22.71% 0.36% 22.10% 23.15% 22.62% 0.48% 1.03% 1.50%
Return on Invested Capital (ROIC)		 435.20% 23.58% 23.38% 24.96% 466.28% 23.17% 20.84% 18.61% 397.62% 249.43% 228.14%
ROIC Less NNEP Spread (ROIC-NNEP)		 431.34% 15.25% 22.91% 24.36% 458.15% 22.76% 20.16% 17.86% 387.03% 240.16% 223.91%
Return on Net Nonoperating Assets (RNNOA)		 210.89% 6.97% 9.57% 9.09% 205.78% 8.78% 7.47% 5.89% 168.49% 91.64% 84.71%
Return on Equity (ROE)		 646.09% 30.56% 32.95% 34.04% 672.06% 31.95% 28.30% 24.49% 566.11% 341.06% 312.85%
Cash Return on Invested Capital (CROIC)		 280.97% 11.03% 8.37% 8.93% 295.21% 9.72% 8.27% 5.83% 249.95% 238.15% 218.57%
Operating Return on Assets (OROA)		 256.92% 10.68% 17.61% 18.86% 265.95% 17.15% 15.85% 13.89% 227.41% 142.80% 137.39%
Return on Assets (ROA)		 254.39% 8.16% 13.27% 14.06% 262.60% 12.87% 11.57% 10.11% 223.22% 138.25% 132.29%
Return on Common Equity (ROCE)		 646.09% 30.56% 32.95% 34.04% 672.06% 31.95% 28.30% 24.49% 566.11% 341.06% 312.85%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 22.66% 24.18% 25.62% 0.00% 30.00% 28.04% 25.22% 0.00% 324.92% 0.00%
Net Operating Profit after Tax (NOPAT)		 51,426 1,229 1,248 1,260 61,745 1,220 1,163 1,015 58,824 13,826 13,914
NOPAT Margin		 139.18% 14.51% 14.06% 14.49% 139.68% 13.95% 13.26% 12.32% 141.50% 92.89% 92.63%
Net Nonoperating Expense Percent (NNEP)		 3.85% 8.33% 0.47% 0.59% 8.13% 0.41% 0.67% 0.75% 10.59% 9.26% 4.23%
Return On Investment Capital (ROIC_SIMPLE)		 208.72% - - - 205.04% - - - 176.11% 41.05% 39.89%
Cost of Revenue to Revenue		 -45.44% 76.70% 77.20% 76.27% -45.22% 76.69% 77.34% 78.28% -47.97% 0.00% 0.00%
SG&A Expenses to Revenue		 2.49% 2.30% 2.05% 2.10% 2.14% 2.13% 2.09% 2.26% 2.24% 2.44% 2.39%
R&D to Revenue		 1.19% 1.15% 1.14% 1.19% 1.18% 1.21% 1.33% 1.40% 1.37% 1.55% 1.50%
Operating Expenses to Revenue		 5.57% 5.13% 4.74% 4.98% 5.03% 5.40% 5.41% 5.80% 5.79% 6.14% 5.95%
Earnings before Interest and Taxes (EBIT)		 51,701 961 1,621 1,647 61,996 1,593 1,538 1,336 59,144 13,644 14,146
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 51,906 1,182 1,845 1,881 62,241 1,828 1,769 1,563 59,367 13,849 14,353
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.39 2.62 2.76 2.65 3.08 3.82 3.04 2.77 3.11 2.84 2.63
Price to Tangible Book Value (P/TBV)		 2.39 3.25 3.32 3.11 3.08 4.38 3.04 2.77 3.11 2.84 2.63
Price to Revenue (P/Rev)		 0.55 1.18 1.28 1.24 0.70 1.82 1.52 1.49 0.81 0.79 0.80
Price to Earnings (P/E)		 0.59 11.55 11.43 10.35 0.76 12.77 10.87 11.03 0.89 0.87 0.89
Dividend Yield		 4.63% 4.05% 3.56% 3.55% 4.53% 3.46% 4.20% 4.40% 4.02% 4.34% 4.48%
Earnings Yield		 169.20% 8.66% 8.75% 9.66% 131.56% 7.83% 9.20% 9.07% 112.83% 114.59% 112.46%
Enterprise Value to Invested Capital (EV/IC)		 1.90 2.14 2.28 2.24 2.38 3.08 2.50 2.33 2.40 2.31 2.17
Enterprise Value to Revenue (EV/Rev)		 0.64 1.37 1.46 1.40 0.77 1.99 1.71 1.66 0.90 0.90 0.92
Enterprise Value to EBITDA (EV/EBITDA)		 0.66 8.47 8.37 7.55 0.81 9.35 8.07 8.11 0.94 0.95 0.97
Enterprise Value to EBIT (EV/EBIT)		 0.67 10.15 9.85 8.77 0.82 10.69 9.25 9.34 0.95 0.96 0.99
Enterprise Value to NOPAT (EV/NOPAT)		 0.68 11.51 11.35 10.23 0.83 13.55 11.77 11.89 0.97 0.98 1.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 12.11 12.97 13.21 11.24 12.93 14.16 13.56 13.21 13.02 14.31 12.82
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.71 20.19 28.96 26.96 0.87 33.99 32.41 43.04 1.01 1.02 1.04
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.87 0.86 0.83 0.81 0.90 0.83 0.81 0.83 0.91 0.87 0.84
Long-Term Debt to Equity		 0.60 0.58 0.53 0.49 0.54 0.54 0.52 0.54 0.57 0.55 0.57
Financial Leverage		 0.49 0.46 0.42 0.37 0.45 0.39 0.37 0.33 0.44 0.38 0.38
Leverage Ratio		 2.54 2.51 2.44 2.37 2.55 2.45 2.38 2.34 2.52 2.38 2.33
Compound Leverage Factor		 2.52 2.40 2.36 2.29 2.53 2.36 2.26 2.20 2.49 2.33 2.27
Debt to Total Capital		 46.56% 46.19% 45.50% 44.65% 47.27% 45.40% 44.86% 45.40% 47.59% 46.49% 45.69%
Short-Term Debt to Total Capital		 14.63% 14.96% 16.76% 17.34% 18.63% 15.90% 16.36% 16.08% 17.97% 16.89% 14.62%
Long-Term Debt to Total Capital		 31.93% 31.23% 28.74% 27.31% 28.64% 29.50% 28.51% 29.32% 29.61% 29.60% 31.07%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 53.44% 53.81% 54.50% 55.35% 52.73% 54.60% 55.14% 54.60% 52.41% 53.51% 54.31%
Debt to EBITDA		 0.21 2.39 2.22 2.04 0.21 1.86 1.93 2.18 0.25 0.25 0.27
Net Debt to EBITDA		 0.09 1.18 1.02 0.83 0.08 0.80 0.86 0.86 0.09 0.12 0.13
Long-Term Debt to EBITDA		 0.14 1.62 1.40 1.25 0.13 1.21 1.23 1.40 0.15 0.16 0.18
Debt to NOPAT		 0.21 3.25 3.01 2.77 0.22 2.70 2.82 3.19 0.26 0.26 0.28
Net Debt to NOPAT		 0.10 1.60 1.38 1.13 0.08 1.15 1.25 1.27 0.10 0.12 0.13
Long-Term Debt to NOPAT		 0.15 2.20 1.90 1.69 0.13 1.75 1.79 2.06 0.16 0.17 0.19
Altman Z-Score		 8.56 2.63 2.80 2.85 8.67 3.30 3.21 3.03 8.11 4.64 4.49
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.00 1.14 1.13 1.16 2.09 1.17 2.66 2.80 2.30 2.64 2.68
Quick Ratio		 1.50 0.81 0.82 0.87 1.66 0.89 2.04 2.21 1.85 2.07 2.06
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 49,677 -346 -1,293 -1,635 58,269 -1,907 -2,094 -2,509 56,472 11,368 11,588
Operating Cash Flow to CapEx		 938.95% 525.56% 735.12% 663.87% 560.29% 568.50% 138.41% 795.42% 175.53% 893.33% 348.70%
Free Cash Flow to Firm to Interest Expense		 170.95 -3.69 -11.19 -11.81 89.18 -11.92 -12.14 -13.32 62.70 29.82 28.93
Operating Cash Flow to Interest Expense		 4.30 7.30 8.45 9.70 1.82 9.18 2.55 6.83 1.61 2.39 2.08
Operating Cash Flow Less CapEx to Interest Expense		 3.84 5.91 7.30 8.24 1.49 7.57 0.71 5.97 0.69 2.12 1.48
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.84 0.94 0.96 1.00 1.90 0.94 0.90 0.86 1.60 1.56 1.46
Accounts Receivable Turnover		 32.98 14.42 15.10 15.82 34.12 14.88 13.89 15.47 32.59 28.00 25.17
Inventory Turnover		 0.00 10.14 10.33 10.59 0.00 10.13 9.84 10.19 0.00 0.00 0.00
Fixed Asset Turnover		 16.79 8.89 9.34 7.07 19.38 9.69 9.41 9.10 17.34 16.34 15.00
Accounts Payable Turnover		 0.00 4.24 4.41 4.95 0.00 4.17 4.24 4.22 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 11.07 25.31 24.17 23.08 10.70 24.53 26.28 23.59 11.20 13.04 14.50
Days Inventory Outstanding (DIO)		 0.00 35.98 35.33 34.48 0.00 36.04 37.11 35.81 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 86.05 82.84 73.67 0.00 87.63 86.03 86.40 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 11.07 -24.75 -23.34 -16.12 10.70 -27.06 -22.64 -27.00 11.20 13.04 14.50
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 19,308 19,749 20,833 21,299 22,784 22,876 24,091 24,824 25,136 25,333 26,418
Invested Capital Turnover		 3.13 1.63 1.66 1.72 3.34 1.66 1.57 1.51 2.81 2.69 2.46
Increase / (Decrease) in Invested Capital		 1,749 1,576 2,541 2,896 3,476 3,127 3,258 3,524 2,352 2,457 2,327
Enterprise Value (EV)		 36,658 42,196 47,418 47,776 54,179 70,419 60,171 57,890 60,423 58,411 57,378
Market Capitalization		 31,491 36,330 41,664 42,500 48,949 64,415 53,783 51,730 54,368 51,100 49,903
Book Value per Share		 $37.86 $26.57 $28.86 $30.65 $30.36 $32.14 $33.77 $35.60 $33.39 $34.34 $36.08
Tangible Book Value per Share		 $37.86 $21.39 $24.04 $26.18 $30.36 $28.04 $33.77 $35.60 $33.39 $34.34 $36.08
Total Capital		 24,639 25,798 27,669 28,949 30,113 30,902 32,108 34,184 33,402 33,677 34,881
Total Debt		 11,472 11,916 12,590 12,926 14,235 14,030 14,405 15,520 15,895 15,655 15,939
Total Long-Term Debt		 7,867 8,057 7,953 7,906 8,625 9,115 9,153 10,023 9,891 9,968 10,838
Net Debt		 5,167 5,867 5,754 5,276 5,230 6,004 6,388 6,160 6,055 7,311 7,475
Capital Expenditures (CapEx)		 133 130 133 202 212 258 318 162 824 102 239
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 2,773 -774 -768 -838 3,969 -1,056 5,964 5,564 4,487 5,688 5,315
Debt-free Net Working Capital (DFNWC)		 9,078 5,276 6,068 6,812 12,973 6,970 13,981 14,923 14,327 14,032 13,779
Net Working Capital (NWC)		 5,473 1,417 1,431 1,792 7,363 2,055 8,729 9,427 8,323 8,345 8,678
Net Nonoperating Expense (NNE)		 233 496 27 32 530 24 41 43 770 617 293
Net Nonoperating Obligations (NNO)		 6,141 5,867 5,754 5,276 6,905 6,004 6,388 6,160 7,629 7,311 7,475
Total Depreciation and Amortization (D&A)		 205 221 223 234 246 235 232 227 223 205 207
Debt-free, Cash-free Net Working Capital to Revenue		 4.81% -2.51% -2.36% -2.45% 5.65% -2.98% 16.90% 15.97% 6.66% 8.79% 8.55%
Debt-free Net Working Capital to Revenue		 15.75% 17.12% 18.65% 19.93% 18.47% 19.69% 39.62% 42.84% 21.28% 21.68% 22.15%
Net Working Capital to Revenue		 9.50% 4.60% 4.40% 5.24% 10.48% 5.81% 24.74% 27.06% 12.36% 12.89% 13.95%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $65.31 $1.40 $2.33 $2.35 $116.84 $2.28 $2.14 $1.85 $110.55 $0.96 $1.38
Adjusted Weighted Average Basic Shares Outstanding		 783.90M 523.50M 523.80M 524.10M 523.90M 524.90M 525.30M 525.40M 525.30M 525.90M 525.90M
Adjusted Diluted Earnings per Share		 $65.31 $1.40 $2.33 $2.34 $116.84 $2.27 $2.13 $1.85 $110.55 $0.96 $1.37
Adjusted Weighted Average Diluted Shares Outstanding		 785.10M 524.40M 524.80M 525.30M 525M 526.30M 526.60M 526.50M 526.60M 526.90M 526.70M
Adjusted Basic & Diluted Earnings per Share		 $65.31 $0.00 $0.00 $0.00 $116.84 $0.00 $0.00 $0.00 $110.55 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 783.77M 522.58M 522.81M 523.08M 523.88M 524.15M 524.22M 524.30M 524.80M 524.96M 525.10M
Normalized Net Operating Profit after Tax (NOPAT)		 51,426 1,229 1,248 1,260 61,745 1,220 1,163 1,015 58,824 13,826 13,914
Normalized NOPAT Margin		 139.18% 14.51% 14.06% 14.49% 139.68% 13.95% 13.26% 12.32% 141.50% 92.89% 92.63%
Pre Tax Income Margin		 139.24% 10.85% 17.66% 18.28% 138.99% 17.55% 16.65% 15.25% 140.32% 89.68% 92.07%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 177.91 10.24 14.04 11.89 94.88 9.96 8.91 7.09 65.66 35.79 35.31
NOPAT to Interest Expense		 176.97 13.11 10.81 9.10 94.50 7.62 6.74 5.39 65.31 36.27 34.73
EBIT Less CapEx to Interest Expense		 177.45 8.85 12.89 10.43 94.56 8.34 7.07 6.23 64.75 35.53 34.71
NOPAT Less CapEx to Interest Expense		 176.51 11.72 9.66 7.64 94.17 6.01 4.90 4.53 64.40 36.00 34.14
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 1.89% 46.76% 40.68% 36.69% 2.36% 44.05% 45.46% 48.27% 3.73% 3.79% 3.98%
Augmented Payout Ratio		 1.89% 46.86% 40.77% 36.77% 2.36% 44.14% 45.55% 48.38% 3.74% 3.80% 4.05%

Key Financial Trends

PACCAR Inc has demonstrated consistent financial growth and strength over the past several years, as observed from the financial statements from Q3 2022 through Q2 2025. Here are the key highlights and trends analyzing the last four years’ quarterly data:

  • Increasing Net Income: Consolidated net income has shown a strong upward trend with significant growth from approximately $733.9 million in Q1 2023 to $13.62 billion in Q2 2025, indicating improved profitability.
  • Robust Operating Revenues: Operating revenues increased from $8.47 billion in Q1 2023 to $15.02 billion in Q2 2025, showcasing solid sales growth and market demand.
  • Strong Cash Flow from Operations: Net cash from operating activities remains consistently positive and growing, reaching $833.4 million in Q2 2025, reflecting strong business cash generation capability.
  • Substantial Asset Base Growth: Total assets increased from $34.8 billion in Q1 2023 to $44.1 billion in Q2 2025, highlighting asset expansion and investment capacity.
  • Equity Strengthening: Total common equity rose from $13.9 billion in Q1 2023 to $18.9 billion in Q2 2025, reflecting retained earnings growth and shareholder value creation.
  • Stable Dividend Payments: Cash dividends per share have steadily increased from about $0.27 per share in early 2023 to $0.33 in Q2 2025, showing management commitment to returning capital to shareholders.
  • Debt Activity: The company has regularly repaid and issued debt, with net repayments of approximately $1.25 billion in Q2 2025. Long-term debt stood around $10.84 billion in Q2 2025. This dynamic approach may optimize capital structure but also indicates ongoing leverage management.
  • Capital Expenditures and Investments: PACCAR invested heavily in property, plant, and equipment as well as investments, with purchases often exceeding $300 million quarterly and sizable investment purchases. This suggests strategic expansion but also significant capital outflows.
  • Rising Operating Expenses: Although revenues increased, selling, general & administrative (SG&A) and research & development (R&D) expenses also grew, with SG&A reaching $358.6 million and R&D $225.8 million in Q2 2025, which could pressure margins if revenue growth slows.
  • Fluctuating Other Income/Expense: Other income and expenses have shown volatility, including significant charges or gains, adding uncertainty to net income stability. Notably, Q1 2023 had a substantial negative other income impact of -$578.8 million.

Overall, PACCAR’s financials reflect a healthy and expanding business with strong revenue and profit growth supported by solid cash flow and a growing asset base. The company’s active debt and capital investment management highlight a focus on long-term expansion but warrant monitoring for leverage and expense growth. Dividend increases add attraction for income-oriented investors.

08/25/25 09:43 PMAI Generated. May Contain Errors.

Frequently Asked Questions About PACCAR's Financials

When does PACCAR's fiscal year end?

According to the most recent income statement we have on file, PACCAR's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has PACCAR's net income changed over the last 10 years?

PACCAR's net income appears to be on an upward trend, with a most recent value of $61.34 billion in 2024, rising from $1.36 billion in 2014. The previous period was $64.40 billion in 2023. Find out what analysts predict for PACCAR in the coming months.

What is PACCAR's operating income?
PACCAR's total operating income in 2024 was $63.50 billion, based on the following breakdown:
  • Total Gross Profit: $67.33 billion
  • Total Operating Expenses: $3.83 billion
How has PACCAR's revenue changed over the last 10 years?

Over the last 10 years, PACCAR's total revenue changed from $19.00 billion in 2014 to $67.33 billion in 2024, a change of 254.4%.

How much debt does PACCAR have?

PACCAR's total liabilities were at $25.91 billion at the end of 2024, a 3.9% increase from 2023, and a 251.7% increase since 2014.

How much cash does PACCAR have?

In the past 10 years, PACCAR's cash and equivalents has ranged from $0.00 in 2014 to $7.18 billion in 2023, and is currently $7.06 billion as of their latest financial filing in 2024.

How has PACCAR's book value per share changed over the last 10 years?

Over the last 10 years, PACCAR's book value per share changed from 19.07 in 2014 to 33.39 in 2024, a change of 75.1%.


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This page (NASDAQ:PCAR) was last updated on 8/26/2025 by MarketBeat.com Staff
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