PACCAR Inc (the Company or PACCAR), incorporated under the laws of Delaware in 1971, is the successor to Pacific Car and Foundry Company which was incorporated in Washington in 1924. The Company traces its predecessors to Seattle Car Manufacturing Company formed in 1905. Description of Business PACCAR is a multinational company operating in three principal industry segments: (1)The Truck segment includes the design, manufacture and distribution of high-quality, light-, medium- and heavy-duty commercial trucks. Heavy-duty trucks have a gross vehicle weight (GVW) of over 33,000 lbs (Class 8) in North America and over 16 metric tonnes in Europe and South America. Medium-duty trucks have a GVW ranging from 19,500 to 33,000 lbs (Class 6 to 7) in North America, and in Europe, light- and medium-duty trucks range between 6 and 16 metric tonnes. Trucks are configured with the engine in front of cab (conventional) or cab-over-engine (COE).
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Operating Segments | $17.38B | $27.90B | $33.80B | $32.08B | $26.69B | 34% |
Truck, Parts and Other | $21.83B | $27.31B | $33.32B | $31.56B | $26.24B | 33% |
Truck Sales | $15.99B | $20.64B | $25.95B | $23.86B | $18.27B | 23% |
Parts | $4.81B | $5.60B | $6.22B | $6.46B | $6.68B | 8% |
Revenues from extended warranties, operating leases and other | $810M | $841M | $900M | $975M | $1.09B | 1% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 28.4B | 28.4B | 33.7B | 35.1B | 28.8B | 23.5B |
| Net Income | 2.4B | 2.4B | 4.2B | 4.6B | 3.0B | 1.9B |
| EPS | $4.51 | $4.51 | $7.90 | $8.76 | $3.83 | $2.38 |
| Free Cash Flow | 3.0B | 3.0B | 2.9B | 2.9B | 1.6B | 554M |
| ROIC | 10.0% | 12.4% | 23.5% | 29.0% | 20.2% | 13.4% |
| Gross Margin | 20.1% | 20.1% | 22.6% | 23.4% | 19.2% | 18.8% |
| Debt/Equity | 0.55 | 0.55 | 0.56 | 0.54 | 0.60 | 0.61 |
| Dividends/Share | $4.30 | $2.72 | $4.17 | $2.89 | $1.28 | $0.90 |
| Operating Income | 3.0B | 3.0B | 5.4B | 5.7B | 3.8B | 2.4B |
| Operating Margin | 10.6% | 10.6% | 16.0% | 16.3% | 13.4% | 10.2% |
| ROE | 12.3% | 12.9% | 23.8% | 29.0% | 22.9% | 16.1% |
| Shares Outstanding | 527M | 527M | 527M | 525M | 786M | 784M |
PACCAR INC passes 5 of 9 quality checks, suggesting mixed fundamentals.
PACCAR INC trades at 28.2x trailing earnings, compared to its 15-year median P/E of 11.9x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 18.2x vs a median of 20.3x. The company's 5-year average ROIC is 19.7% with a gross margin of 20.8%. Total shareholder yield (dividends) is 3.4%. At current prices, the estimated annualized return to fair value is +27.7%.
PACCAR INC (PCAR) has a current P/E ratio of 28.2, compared to its historical median P/E of 11.9. The stock is currently considered Expensive based on its historical valuation range.
PACCAR INC (PCAR) has a 5-year average return on invested capital (ROIC) of 19.7%. This indicates strong capital allocation and a potential competitive advantage.
PACCAR INC (PCAR) has a market capitalization of $67.1B. It is classified as a large-cap stock.
Yes, PACCAR INC (PCAR) pays a dividend with a trailing twelve-month yield of 3.38%. The company also returns capital through share buybacks, with a buyback yield of 0.05%.
Based on historical P/E analysis, PACCAR INC (PCAR) appears expensive. The current P/E of 28.2 is 137% above its historical median of 11.9. The estimated fair value CAGR (P/E method) is 13.6%.
PACCAR INC (PCAR) operates in the Motor Vehicles & Passenger Car Bodies industry, within the Consumer Cyclical sector.
PACCAR INC (PCAR) reported annual revenue of $28.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
PACCAR INC (PCAR) has a net profit margin of 8.4%. This is a modest margin.
PACCAR INC (PCAR) generated $3.0 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
PACCAR INC (PCAR) has a debt-to-equity ratio of 0.55. This indicates moderate leverage.
PACCAR INC (PCAR) reported earnings per share (EPS) of $4.51 in its most recent fiscal year.
PACCAR INC (PCAR) has a return on equity (ROE) of 12.9%. This indicates moderate shareholder returns.
PACCAR INC (PCAR) has a 5-year average gross margin of 20.8%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for PACCAR INC (PCAR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
PACCAR INC (PCAR) has a book value per share of $36.57, based on its most recent annual SEC filing.