PACCAR Inc.
Description
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
About
CEO
Mr. R. Preston Feight
Employees
32,400
Instrument type
Common Stock
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
MIC code
XNGS
Address
777 - 106th Avenue N.E., Bellevue, WA 98004, United States
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Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 26, 2026 | — | — | — | — |
| Oct 20, 2025 | — | — | — | — |
| Jul 21, 2025 | — | — | — | — |
| Apr 28, 2025 | — | — | — | — |
| Jan 28, 2025 | 1.69 | 1.66 | -0.03 | -1.78% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 9 | 9 | 11 | 12 |
| Average estimate | 1.64 | 1.82 | 7.45 | 9.17 |
| Low estimate | 1.58 | 1.73 | 7.07 | 8.30 |
| High estimate | 1.72 | 1.90 | 7.80 | 10.10 |
| Last year EPS | 2.27 | 2.13 | 7.90 | 7.45 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-28.180%
Next qtr. (Jun 2025)
-15.220%
Current year (Dec 2025)
-5.060%
Next year (Dec 2026)
22.810%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 35.13B | 28.82B | 23.52B | 18.73B | 25.60B |
| Cost of revenue | 27.50B | 23.59B | 19.24B | 15.26B | 20.79B |
| Gross profit | 7.63B | 5.23B | 4.28B | 3.46B | 4.81B |
| Operating expense | |||||
| Research & development | 410.90M | 341.20M | 324.10M | 273.90M | 326.60M |
| Selling general and admin | 753.30M | 726.30M | 676.80M | 581.40M | 698.50M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 5.95B | 3.68B | 2.31B | 1.57B | 2.97B |
| Non operating interest income | |||||
| Income | — | — | 72.60M | 54.10M | 42.00M |
| Expense | — | — | — | — | — |
| Other income expense | 292.20M | 61.00M | 15.50M | 35.90M | 82.30M |
| Pretax income | 5.72B | 3.85B | 2.40B | 1.66B | 3.10B |
| Tax provision | 1.12B | 837.10M | 530.80M | 360.40M | 711.30M |
| Net income | 4.60B | 3.01B | 1.87B | 1.30B | 2.39B |
| Basic EPS | 8.78 | 5.76 | 3.55 | 2.49 | 4.59 |
| Diluted EPS | 8.76 | 5.75 | 3.55 | 2.49 | 4.58 |
| Basic average shares | 523.90M | 522.60M | 521.70M | 520.20M | 520.35M |
| Diluted average shares | 523.90M | 522.60M | 521.70M | 520.20M | 520.35M |
| EBITDA | 6.58B | 4.41B | 3.26B | 2.58B | 3.97B |
| Net income from continuing op. | 4.60B | 3.01B | 1.87B | 1.30B | 2.39B |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 40.82B | 33.28B | 29.51B | 28.26B | 28.36B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 7.18B | 4.69B | 3.43B | 3.54B | 4.18B |
| Other short term investments | 1.82B | 1.61B | 1.56B | 1.43B | 1.16B |
| Accounts receivable | 19.77B | 15.71B | 13.50B | 13.02B | 13.39B |
| Other receivables | — | — | — | — | — |
| Inventory | 2.58B | 2.20B | 1.98B | 1.22B | 1.15B |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 680.60M | 682.00M | 732.90M | 515.60M | 388.00M |
| Non current assets | |||||
| Properties | 3.54B | 4.23B | 4.69B | 5.07B | 5.06B |
| Land and improvements | 325.70M | 269.90M | 277.60M | 286.40M | 271.80M |
| Machinery furniture equipment | 5.34B | 5.09B | 5.08B | 4.23B | 4.00B |
| Construction in progress | 676.30M | 424.10M | 313.90M | 1.08B | 741.70M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -5.50B | -5.34B | -5.36B | -5.29B | -4.92B |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 2.71B | 2.11B | 1.73B | 1.68B | 1.56B |
| Total liabilities | 24.94B | 20.11B | 17.92B | 17.87B | 18.66B |
| Current liabilities | |||||
| Accounts payable | 2.66B | 2.49B | 2.02B | 1.74B | 1.74B |
| Accrued expenses | 1.56B | 1.38B | 1.16B | 996.10M | 1.01B |
| Short term debt | 5.07B | 3.27B | 3.03B | 3.11B | 3.80B |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 1.85B | 1.47B | 1.37B | 1.24B | 1.07B |
| Non current liabilities | |||||
| Long term debt | 9.17B | 8.21B | 7.41B | 7.74B | 7.43B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | 624.40M | 590.40M | 854.60M | 790.20M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 2.82B | 2.11B | 2.08B | 2.34B | 2.23B |
| Shareholders equity | |||||
| Common stock | 523.30M | 522.00M | 347.30M | 346.60M | 346.30M |
| Retained earnings | 15.78B | 13.40B | 12.03B | 11.01B | 10.40B |
| Other shareholders equity | -693.90M | -953.40M | -921.10M | -1.05B | -1.10B |
| Total shareholders equity | 15.88B | 13.17B | 11.59B | 10.39B | 9.71B |
| Additional paid in capital | 269.10M | 196.10M | 142.00M | 88.50M | 61.40M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 4.60B | 3.01B | 1.87B | 1.30B | 2.39B | 2.20B | 1.68B | 521.70M | 1.60B | 1.36B | 1.17B | 1.11B | 1.04B | 457.60M | 111.90M | 1.02B | 1.23B | 1.50B | 1.13B | 906.80M | 526.50M | 372.00M | 173.60M | 441.80M | 583.60M | 416.80M | 344.60M | 201.00M | 252.80M | 204.50M | 142.20M | 65.20M | 39.70M | 63.70M | 241.90M |
| Depreciation | 923.90M | 790.20M | 903.30M | 1.05B | 1.08B | 1.05B | 1.11B | 993.10M | 907.10M | 917.70M | 810.70M | 700.90M | 673.80M | 623.20M | 651.70M | 649.40M | 526.40M | 434.60M | 370.10M | 315.00M | 267.50M | 218.20M | 179.90M | 155.50M | 146.90M | 123.90M | 112.00M | 81.10M | 72.40M | 63.20M | 56.70M | 47.20M | 49.20M | 51.80M | 52.70M |
| Deferred Taxes | -303.70M | -208.00M | -208.60M | 400,000 | 70.80M | 17.50M | -173.90M | 30.90M | -55.20M | -98.00M | 97.30M | 151.70M | 224.10M | 46.30M | 159.70M | 131.00M | — | — | — | — | — | — | — | — | — | — | — | 1.00M | -4.60M | -24.30M | -14.00M | -8.40M | -4.90M | -1.70M | -7.20M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 19.20M | -25.20M | -4.80M | -164.50M | -9.10M | -53.80M | -27.00M | -155.40M | -16.30M | -40.70M | 10.40M | -156.80M | -56.80M | -52.30M | 38.10M | -1.10M | 41.00M | 33.80M | — | — | — | — | — | — | — | — | — | — | -1.80M | 14.90M | -6.40M | 700,000 | 1.00M | -3.80M | -91.50M |
| Accounts Receivable | -1.70B | -1.38B | -322.10M | 993.00M | -592.50M | -811.40M | -465.70M | 455.90M | -174.70M | -437.20M | -299.40M | -117.90M | -1.10B | 23.70M | 805.00M | -249.00M | 265.20M | -377.50M | -673.30M | -515.40M | -32.80M | 39.30M | 78.60M | -20.40M | -19.10M | -39.00M | -108.50M | -39.50M | 500,000 | -50.90M | -21.40M | -27.90M | 7.70M | 24.00M | 8.60M |
| Accounts Payable | — | — | — | -53.60M | -27.60M | 528.90M | 333.60M | -8.60M | -162.60M | 252.30M | 240.80M | -303.60M | 585.00M | 221.30M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 239.80M | -10.30M | -740.50M | -167.10M | -61.90M | 45.40M | 243.80M | 444.80M | 441.30M | 155.30M | 331.70M | 113.10M | 183.60M | 170.60M | 30.50M | -106.90M | 274.10M | -218.70M | -10.90M | -262.60M | -50.30M | -19.20M | 111.80M | -5.70M | 53.70M | -94.60M | -35.10M | 19.60M | 7.10M | -67.00M | -24.80M | 1.20M | 41.00M | -10.70M | 17.60M |
| Operating Cash Flow | 3.78B | 2.18B | 1.49B | 2.96B | 2.84B | 2.98B | 2.69B | 2.28B | 2.54B | 2.11B | 2.36B | 1.50B | 1.55B | 1.49B | 1.80B | 1.44B | 2.33B | 1.37B | 819.10M | 443.80M | 710.90M | 610.30M | 543.90M | 571.20M | 765.10M | 407.10M | 313.00M | 263.20M | 326.40M | 140.40M | 132.30M | 78.00M | 133.70M | 123.30M | 222.10M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -1.26B | -1.39B | -1.63B | -1.64B | -1.97B | -1.95B | -1.85B | -1.96B | -1.73B | -1.54B | -1.87B | -1.80B | -1.65B | -491.70M | -971.00M | -1.55B | -1.03B | -792.10M | -752.40M | -530.30M | -338.40M | -311.70M | -290.50M | -184.00M | -163.20M | -253.70M | 13.70M | -544.70M | -57.30M | -52.70M | -50.90M | -65.10M | -12.50M | -29.40M | 113.40M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -967.20M | -888.40M | -903.10M | -842.40M | -850.60M | -615.90M | -970.30M | -1.03B | -1.33B | -1.12B | -990.10M | -1.05B | -1.61B | -757.50M | -288.30M | -667.30M | -1.28B | -1.46B | -1.17B | -876.30M | -945.60M | -659.30M | -636.80M | -268.60M | -907.40M | -1.29B | -2.31B | -2.04B | -2.36B | -1.52B | -21.40M | -12.90M | -52.90M | -50.20M | -26.60M |
| Sale of Investments | 803.60M | 718.10M | 727.00M | 597.80M | 715.50M | 931.50M | 779.50M | 1.30B | 1.04B | 997.90M | 888.90M | 768.30M | 1.14B | 523.80M | 245.50M | 1.24B | 1.35B | 1.23B | 1.14B | 710.50M | 1.10B | 537.10M | 628.60M | 408.50M | 773.30M | 1.27B | 2.26B | 2.18B | 2.17B | 1.52B | — | — | — | — | — |
| Investing Cash Flow | -2.87B | -2.03B | -1.36B | -1.88B | -2.21B | -1.93B | -1.96B | -1.56B | -1.97B | -1.53B | -2.15B | -2.59B | -2.42B | -467.10M | 310.60M | -251.90M | -1.30B | -1.83B | -1.50B | -1.21B | -239.30M | -593.00M | 75.10M | -577.60M | -1.23B | -960.00M | -259.30M | -488.50M | -720.10M | -416.30M | -526.50M | -169.50M | 11.20M | -93.20M | -72.70M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 3.09B | 3.17B | 2.10B | 2.15B | 2.50B | 2.34B | 1.67B | 1.99B | 1.99B | 1.65B | 2.13B | 2.20B | 1.17B | 707.00M | 1.37B | 1.19B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -2.23B | -2.27B | -2.34B | -1.90B | -1.79B | -1.76B | -1.90B | -1.63B | -1.58B | -1.88B | -568.90M | -668.10M | -1.32B | -889.60M | -2.18B | -728.70M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | — | — | — | — | — | — | — | — | — | — | 10.90M | 22.00M | 17.60M | 11.50M | — | — | — | — | — | — | — | — | — | 6.60M | — | — | — | — | — | — | -100,000 | 100,000 | — |
| Financing Cash Flow | 1.05B | 269.20M | -920.40M | -1.86B | 22.60M | 51.80M | -433.10M | -852.90M | -218.30M | -549.60M | 242.80M | 195.60M | 946.10M | -960.40M | -1.82B | -856.60M | -1.07B | -804.70M | -852.20M | -362.90M | -148.10M | -100.60M | -156.40M | -310.30M | -183.40M | -157.00M | -103.10M | -155.50M | — | -74.50M | -45.20M | -37.20M | -33.90M | -118.70M | -135.40M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 7.18B | 4.69B | 3.43B | 3.54B | 4.18B | 3.44B | 2.36B | 1.92B | 2.02B | 1.74B | 1.75B | 1.27B | 2.11B | 2.04B | 1.91B | 1.96B | 1.86B | 1.85B | 1.70B | 1.61B | 1.35B | 773.00M | 655.20M | 536.70M | 528.40M | 432.40M | 337.90M | — | — | — | — | — | — | — | — |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2.93B | 1.64B | 553.90M | 1.35B | 889.50M | 1.04B | 869.20M | 335.90M | 830.80M | 586.30M | 502.90M | -284.40M | -54.70M | 667.60M | 402.30M | -245.10M | 788.00M | 898.40M | 138.30M | 257.50M | 449.40M | 455.20M | 316.40M | 299.50M | 533.80M | 355.80M | 305.40M | -230.10M | 204.60M | 253.90M | 119.50M | 39.50M | 98.20M | 49.30M | 235.70M |
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