PACCAR Inc (PCAR) Stock Analysis
Industrials · Farm & Heavy Construction Machinery · NasdaqGS
PACCAR Inc (PCAR) posted $26.24B in revenue for fiscal 2025 (down 16.9% year over year), at a 9.1% net margin, and has compounded revenue about 7.0%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on PACCAR Inc
PACCAR Inc has grown revenue from $17.03B to $26.24B over the last 10 fiscal years, compounding about 7% a year. The most recent year was down 16.9%, so growth has cooled from its longer-run pace.
Net margin sits at 9.1%, down 4.1 points year over year on a 13.3% gross margin.
At today's valuation the market is pricing in roughly 7% annual free-cash-flow growth — versus the 8.6% it actually delivered over the last five years, broadly in line with what it has delivered.
Synthesised from PACCAR Inc's SEC filings — descriptive, not advice. Ask the analyst your own question →
PACCAR Inc revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.03B | $19.46B | $23.50B | $25.60B | $18.73B | $23.52B | $27.31B | $33.32B | $31.56B | $26.24B |
| Gross profit | — | — | — | — | — | — | $4.02B | $6.42B | $5.49B | $3.50B |
| Net income | $521.70M | $1.68B | $2.20B | $2.39B | $1.30B | $1.87B | $3.01B | $4.60B | $4.16B | $2.38B |
| Net margin | 3.1% | 8.6% | 9.3% | 9.3% | 6.9% | 7.9% | 11.0% | 13.8% | 13.2% | 9.1% |
Source: PACCAR Inc SEC filings (10-K). 19 years of history available in the interactive view.
PACCAR Inc: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into PCAR stock?
At today's market cap of $69.84B, PACCAR Inc is priced for free-cash-flow growth of about 7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.67B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 8.6%/yr over the last five fiscal years and revenue 7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of PACCAR Inc financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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PACCAR Inc financial history by metric
Compare PACCAR Inc with peers
About PACCAR Inc
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Australia, Mexico, Europe, Central and South America, 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; and diesel engine products. 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 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; and operates its own full-service lease outlets. The company manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
PACCAR Inc — frequently asked questions
What is PACCAR Inc's revenue?
PACCAR Inc (PCAR) reported revenue of $26.24B for fiscal year 2025, down 16.9% from the prior year, according to its SEC filings.
Is PACCAR Inc profitable?
Yes. PCAR earned net income of $2.38B in fiscal 2025, a net margin of 9.1%.
What is PCAR's P/E ratio?
PACCAR Inc trades at a price-to-earnings ratio of about 27.9 based on the latest data in our nightly-refreshed cache.
How fast is PACCAR Inc growing?
PCAR's revenue grew at roughly 7.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does PACCAR Inc have?
As of fiscal year 2025, PCAR carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is PACCAR Inc's gross margin?
PCAR's gross margin was 13.3% in fiscal 2025 — gross profit of $3.50B on revenue of $26.24B.
What is PACCAR Inc's market cap?
PACCAR Inc (PCAR) has a market capitalization of about $69.84B, based on the latest data in our nightly-refreshed cache.
When does PACCAR Inc's fiscal year end?
PCAR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into PCAR stock?
At today's market cap of $69.84B, PACCAR Inc is priced for free-cash-flow growth of about 7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.67B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 8.6%/yr over the last five fiscal years and revenue 7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from PACCAR Inc's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.