PCARNasdaqMotor Vehicles & Passenger Car BodiesFiscal year ends December 31
PACCAR INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$108.42−2.40 (-2.17%)
Close on Oct 19, 2026
- Market cap
- $57.20B
- P/E (TTM)
- 22.8
- Dividend yield
- 2.51%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
20.1%
Net margin
8.4%+1.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -15.5% | -0.4% | +8.7% | +4.1% | |
| Gross profit | -24.8% | +1.1% | – | – | |
| Net income | -42.9% | -7.6% | +12.8% | +4.0% | |
| EPS, diluted | -42.9% | -7.8% | +12.5% | +4.1% | |
| Free cash flow | -3.4% | +13.7% | +8.6% | +4.9% | |
| Dividend per share | -34.8% | -1.0% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.6% | 12.9% | 12.9% | |
| Return on assets | 2.5% | 4.6% | 5.4% | |
| Capex to revenue | 2.2% | 2.9% | 2.6% | |
| Diluted shares | 0M | 521M | 527M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Paccar generated $18.46B from operations and spent $11.20B on capital expenditure, dividends and share buybacks. 30% of that went back into the business.
Generated
$18.46B
Used
$11.20B
Capital expenditure$3.36B30%Dividends$7.79B70%Share buybacks$47.70M0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.4%
×Asset turnover0.65×
×Equity multiplier2.39×
=Return on equity, FY202512.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 8.4% | 0.65× | 2.39× | 12.9% |
| FY2024 | 12.4% | 0.80× | 2.52× | 24.9% |
| FY2023 | 13.1% | 0.95× | 2.55× | 31.7% |
| FY2022 | 10.4% | 0.92× | 2.54× | 24.3% |
| FY2021 | 7.9% | 0.81× | 2.62× | 16.9% |
| FY2020 | 6.9% | 0.66× | 2.81× | 12.9% |
| FY2019 | 9.3% | 0.95× | 2.94× | 26.1% |
| FY2018 | 9.3% | 0.96× | 2.94× | 26.4% |
| FY2017 | 8.6% | 0.88× | 2.97× | 22.6% |
| FY2016 | 3.1% | 0.82× | 3.04× | 7.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$2.38B
- Cash generatingOperating cash flow above zero$4.42B
- Return on assets improvedROA up on the prior year10.2% → 5.5%
- Earnings backed by cashOperating cash flow above net income$4.42B vs $2.38B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise527M → 527M
- Gross margin improvedGross margin up on the prior year22.56% → 20.07%
- More efficientAsset turnover rose0.82 → 0.66