Zacks Investment Research·Jun 23, 2026
Paccar (PCAR) Dips More Than Broader Market: What You Should KnowPaccar (PCAR) closed the most recent trading day at $116.78, moving 2.78% from the previous trading session.
PACCAR Inc(PCAR)Earnings, Financials & Key Ratios
PCAR•NASDAQ
$125.91
27.9× P/E·Price updated Jul 6, 2026
SectorIndustrialsIndustryAgricultural MachinerySub-IndustrySpecialty Vehicles and Other/Misclassified
AboutPACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, 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.Show more
- Revenue$28.44B-15.5%
- EBITDA$3.79B-34.8%
- Net Income$2.38B-42.9%
- EPS (Diluted)4.51-42.9%
- Gross Margin16.23%-18.6%
- EBITDA Margin13.32%-22.8%
- Operating Margin10.41%-28.4%
- Net Margin8.35%-32.4%
- ROE12.92%-48.2%
PCAR Price & Volume
PACCAR Inc (PCAR) stock price & volume — 10-year historical chart
Loading chart...
Cyclical Revenue Contraction Challenges PACCAR Margin Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical demand and pricing
Key Thesis Takeaways
- PACCAR faces a challenging cyclical normalization period as evidenced by a 16.2% year-over-year revenue decline in 2026Q1, signaling that the post-pandemic demand peak has fully subsided.
- While the company maintains a robust liquidity buffer with a 1.79 current ratio, the significant contraction in gross margins from 21.6% in 2023Q4 to 13.1% in 2026Q1 suggests that pricing power is under sustained pressure.
- Investors should monitor whether the firm's long-term R&D commitment of approximately $110 million per quarter can effectively offset the volatility inherent in the heavy-duty truck manufacturing cycle.
Verdict Logic
while the 3.6% dividend yield provides income support, the current 26.76 P/E ratio appears elevated given the 16.2% revenue contraction and the ongoing margin compression observed in the most recent quarter.
PCAR Growth Metrics
PACCAR Inc (PCAR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.05%
5 Years8.72%
3 Years-0.44%
TTM-15.83%
Profit CAGR
10 Years4.01%
5 Years12.8%
3 Years-7.6%
TTM-28.68%
EPS CAGR
10 Years4.13%
5 Years12.61%
3 Years-7.78%
TTM-28.79%
Return on Capital
10 Years14.64%
5 Years15.16%
3 Years16.2%
Last Year8.85%
PCAR Recent Earnings
PACCAR Inc (PCAR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$1.15+0.0%
$1.15
Rev
$6.2B-3.2%
$6.4B
Q1 2026
Jan 27, 2026Metric
Actual
Est
EPS
$1.06+0.0%
$1.06
Rev
$6.3B+3.3%
$6.1B
Q4 2025
Oct 21, 2025Metric
Actual
Est
EPS
$1.12-2.6%
$1.15
Rev
$6.7B+11.1%
$6.0B
Q3 2025
Jul 22, 2025Metric
Actual
Est
EPS
$1.37+6.2%
$1.29
Rev
$7.5B+7.4%
$7.0B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $1.15vs $1.15+0.0% | $6.2Bvs $6.4B-3.2% |
| Q1 2026 | Jan 27, 2026 | $1.06vs $1.06+0.0% | $6.3Bvs $6.1B+3.3% |
| Q4 2025 | Oct 21, 2025 | $1.12vs $1.15-2.6% | $6.7Bvs $6.0B+11.1% |
| Q3 2025 | Jul 22, 2025 | $1.37vs $1.29+6.2% | $7.5Bvs $7.0B+7.4% |
Based on last 12 quarters of dataView full earnings history →
Latest PCAR News
Recent stock market news and headlines for PACCAR Inc (PCAR)
Business Wire·Jun 16, 2026
PACCAR Recognizes 10 PPM Quality Award WinnersBELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR annually recognizes suppliers who exceed PACCAR's 10 ppm quality standard, or the equivalent of 10 defective parts for every million components shipped to PACCAR. To qualify, suppliers must also meet demanding criteria for customer support and continuous improvement. For 2025, PACCAR recognizes 359 suppliers in 28 countries on five continents for achieving this high level of quality performance. “PACCAR's 10 ppm suppliers achieved and sustained exception.
Zacks Investment Research·Jun 15, 2026
Why Paccar (PCAR) Outpaced the Stock Market TodayPaccar (PCAR) closed at $120.69 in the latest trading session, marking a +1.83% move from the prior day.
Peers Comparison
Key metrics vs top competitors for PACCAR Inc (PCAR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $125.91 | $66.26B | 27.92 | -15.5% | 8.35% | 12.92% | 3.42% | |
| $678.24 | $93.71B | 33.08 | -1.27% | 7.89% | 20.27% | — | |
| $144.22 | $68.77B | 14.39 | -2.87% | 5.54% | 12.85% | — | |
| $969.92 | $451.29B | 51.51 | 4.29% | 13.31% | 47.51% | — | |
| $635.24 | $171.48B | 34.34 | -11.59% | 10.21% | 18.21% | — | |
| $118.32 | $8.57B | 12.14 | -13.55% | 7.43% | 16.73% | — |
Compare PCAR vs Peers
PACCAR Inc (PCAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PCAR SEC Filings & Documents
PACCAR Inc (PCAR) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 28, 2026·SEC
Material company update
Jan 27, 2026·SEC
Material company update
Jan 16, 2026·SEC
10-K Annual Reports
1FY 2026
Feb 18, 2026·SEC
10-Q Quarterly Reports
4Get notified when PCAR posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
PCAR Frequently Asked Questions
PACCAR Inc (PCAR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is PACCAR Inc's revenue?
PACCAR Inc (PCAR) reported $27.24B in revenue for fiscal year 2025. This represents a 492% increase from $4.60B in 1996.
How fast is PACCAR Inc growing?
PACCAR Inc (PCAR) saw revenue decline by 15.5% over the past year.
Is PCAR profitable?
Yes, PACCAR Inc (PCAR) is profitable, generating $2.48B in net income for fiscal year 2025 (8.4% net margin).
Dividend & Returns
Does PCAR pay dividends?
Yes, PACCAR Inc (PCAR) pays a dividend with a yield of 3.42%. This makes it attractive for income-focused investors.
What is PCAR's return on equity?
PACCAR Inc (PCAR) has a return on equity (ROE) of 12.9%. This is reasonable for most industries.
What is PACCAR Inc's free cash flow?
PACCAR Inc (PCAR) generated $3.42B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.