— Know what they know.
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Not Investment Advice

PCAR

NASDAQ · USD
PACCAR Inc
Industrials · Industrial - Machinery
CEO Preston R. Feight Employees 25,900 R&D / revenue 1.6%
Last price
$110.82+0.01%last session
Market cap
$58.3B
P/E (TTM)
23.3x
From 52w high
−20.4%
From 52w low
+18.9%
1-year return
+19.3%
RSI 14 · vs SMA200
41.9 · −7.8%
IS score
48.7/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

PCAR   SPY   XLI (sector ETF) · weekly closes
100110120130140Jan 26Apr 26Jul 26Oct 26PCAR 119SPY 116XLI 111

Score DNA

Each bar is a 0-100 score within the scored universe
36
Profitability
16
Growth
59
Value
52
Momentum
90
Risk (safety)
66
Quality
85
Balance sheet
67
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
▲ Share count rising
Observations
Moat model: None, Efficient ScalePiotroski 5 / 9Altman Z 3.7Beta 0.973 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
4 open-market sales, $7.6M
Form 144 notices (12m): 14, $28.9M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
3
Last disclosed purchase 2026-09-25
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+16
118 new holders, 90 closed
1,101 filers hold 74.5% · 387 added, 413 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+244
1,243 funds adding shares
999 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
48.3%
20-day avg 35.4%, 50-day avg 42.8%
Latest 12.9 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$28.4B
Revenue growth YoY−15.5%
Gross margin16.2%
Operating income$3.0B
Operating margin10.4%
Net income$2.4B
Net margin8.4%
EPS (diluted)$4.51
Cash flow
Operating cash flow$4.4B
Capital expenditure$1.4B
Free cash flow$3.0B
FCF conversion (FCF / OCF)68.6%
Stock-based compensation$0
FCF less SBC$3.0B
Buybacks$36.1M
Dividends$2.3B
Balance sheet & returns
Cash & short-term investments$9.3B
Total debt$0
Net cash$9.3B
Shareholders' equity$19.3B
Goodwill & intangibles$0
Debt / equity0.72
ROE (TTM)12.7%
ROIC (TTM)5.9%
Operating margin by fiscal year
9.8%FY202112.8%FY202212.7%FY202314.5%FY202410.4%FY2025
Revenue $23.5B (FY2021) to $28.4B (FY2025), a 4.9% CAGR.

Valuation

P/E (TTM)23.3x
EV / EBITDA17.9x
Price / sales2.14x
Price / FCF18.6x
FCF yield5.37%
Buyback yield0.06%
SBC / revenue0.0%
Price / book2.87x
Forward P/E FY202618.7x
Forward P/E FY202715.4x
Forward P/E FY202813.7x
Forward multiples divide today's price by Street EPS estimates. Street mean target $131.50 across 6 analysts last quarter is theirs, not ours.

PCAR vs industry median

328 companies in Industrial - Machinery
Gross margin 14.9% 31.0% Operating margin 9.8% 8.4% Net margin 9.2% 6.0% ROIC 5.9% 8.7%
PCAR (TTM)Industry median Asset turnover 0.62 vs industry 0.76 · financial leverage 2.16

Earnings delivery

Next report 2026-10-27 · consensus EPS $1.61
50%
beat rate, 6 of 12 quarters
+0.8%
median EPS surprise
3
longest beat streak
+10+22+3-0+2-2-8+6-3+0+0+5
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-24 to 2026-07-28. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
PCAR PACCAR Inc $58.3B23.3x12.7%9.2%−15.5% +19.3%
ROK Rockwell Automation, Inc. $47.4B39.9x34.5%17.6%+11.3% +22.9%
CMI Cummins Inc. $73.1B27.0x22.0%9.9%+2.9% +26.2%
CARR Carrier Global Corporation $45.3B37.8x8.8%7.9%−1.6% −2.7%
ITW Illinois Tool Works Inc. $77.5B24.6x104.7%18.9%+4.3% +10.3%
EMR Emerson Electric Co. $90.1B35.2x12.8%14.7%+4.8% —
TT Trane Technologies plc $101.0B34.5x35.8%14.6%+7.0% —
IR Ingersoll Rand Inc. $30.2B31.7x9.5%12.5%+7.8% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-07-28Earnings Release; Exhibits
2026-05-01Officer/Director Change; Shareholder Vote
2026-04-28Earnings Release; Exhibits
2026-01-27Results of Operations and Financial Condition; Financial Statements and Exhibits
2026-01-16Departure/Election of Directors; Appointment of Officers; Other Events
2025-12-12Departure/Election of Directors; Appointment of Officers; Other Events

Context

Shares outstanding526,364,953
Free float98.0%
Institutional ownership74.5%
Beta0.97
Dividend yield2.49%
Last dividend$0.35 on 2026-11-10
50 / 200-day average$120.14 / $120.61
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (None).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where PCAR sits among 62 scored companies in Industrial - Machinery (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasurePCARIndustry medianIndustry percentileSector median
P/E (TTM) 23.3x 29.1x
26th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 2.1x 2.4x
44th		 2.0x
Price / book 2.9x 3.7x
37th		 2.9x
Price / tangible book 3.1x 11.7x
21st		 5.6x
Price / free cash flow 18.6x 22.0x
27th		 20.8x
Price / operating cash flow 13.4x 17.8x
21st		 14.5x
Enterprise value $64.2B $7.5B
90th		 $4.8B
EV / sales 2.4x 2.5x
39th		 2.4x
EV / EBITDA 17.5x 16.3x
57th		 13.6x
EV / EBIT 22.6x 21.3x
59th		 19.9x
EV / free cash flow 20.5x 26.6x
27th		 24.3x
Earnings yield 4.3% 3.2%
77th		 3.3%
FCF yield 5.4% 4.2%
75th		 3.8%
Operating cash flow yield 7.4% 5.4%
80th		 6.2%
Graham number (per share) $64.14 $37.80
65th		 $38.21

Profitability (TTM)

MeasurePCARIndustry medianIndustry percentileSector median
Gross margin 14.9% 35.6%
0th		 30.5%
EBITDA margin 13.4% 18.4%
28th		 14.3%
Operating margin 9.8% 13.7%
34th		 9.8%
EBIT margin 10.4% 12.6%
38th		 9.9%
Net margin 9.2% 8.6%
54th		 6.0%
NOPAT margin 8.2% 10.7%
36th		 7.8%
FCF margin 11.5% 11.2%
54th		 7.0%
Operating cash flow margin 15.9% 14.1%
61st		 11.2%
R&D / revenue 1.6% 0.0%
69th		 0.0%
SG&A / revenue 2.6% 18.6%
2nd		 14.1%
Stock comp / revenue 0.0% 0.6%
0th		 0.6%
Effective tax rate 16.8% 21.2%
13th		 21.0%

Returns on capital

MeasurePCARIndustry medianIndustry percentileSector median
ROE (on average equity) 12.8% 12.8%
49th		 11.9%
ROA 5.7% 6.1%
44th		 4.8%
ROIC 8.5% 10.9%
36th		 8.7%
ROCE 8.6% 10.9%
41st		 9.4%
Return on tangible assets 6.4% 9.0%
33rd		 7.9%
Cash ROIC (OCF / invested capital) 16.6% 12.9%
67th		 12.8%
Gross profitability (GP / assets) 9.2% 24.7%
0th		 19.2%
ROIC, 3-yr average 13.2% 8.6%
70th		 7.8%
ROIC, 5-yr average 16.6% 11.3%
79th		 8.6%
ROE, 5-yr average 19.7% 14.1%
78th		 12.5%
Incremental ROIC -241.7% 21.5%
5th		 20.5%

Growth

MeasurePCARIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) -12.3% 7.3%
0th		 8.6%
Revenue growth (QoQ) 21.1% 9.4%
84th		 9.9%
Revenue CAGR, 3 yr -5.7% 3.7%
2nd		 5.0%
Revenue CAGR, 5 yr 4.2% 6.2%
32nd		 8.3%
Gross profit CAGR, 3 yr -15.0% 6.5%
0th		 6.5%
Operating income CAGR, 3 yr -18.7% 6.8%
6th		 6.4%
Net income growth (TTM YoY) -18.5% -2.3%
25th		 11.3%
Net income CAGR, 3 yr -11.8% 3.5%
16th		 6.6%
EPS growth (TTM YoY) -18.6% -1.2%
27th		 13.3%
EPS CAGR, 3 yr -11.9% 3.8%
16th		 5.6%
EPS CAGR, 5 yr 7.1% 7.1%
50th		 8.3%
FCF growth (TTM YoY) 8.8% 9.0%
48th		 14.7%
FCF CAGR, 3 yr 9.7% 14.6%
36th		 12.2%
Operating cash flow CAGR, 3 yr 6.6% 13.1%
28th		 8.8%
Book value CAGR, 3 yr 10.3% 8.7%
57th		 7.3%
Dividend CAGR, 3 yr -13.8% 2.3%
2nd		 2.7%
Sustainable growth rate 5.4% 9.5%
24th		 11.0%

Margin history & stability

MeasurePCARIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 18.1% 35.7%
3rd		 30.6%
Operating margin, 3-yr average 11.4% 13.7%
42nd		 10.0%
Net margin, 3-yr average 11.0% 10.2%
58th		 6.2%
FCF margin, 3-yr average 9.6% 10.7%
38th		 7.1%
Revenue stability (0-1) 0.17 0.78
8th		 0.81
Earnings stability (0-1) 0.12 0.40
28th		 0.47
Margin stability (0-1) 0.86 0.94
15th		 0.90

Liquidity (latest quarter)

MeasurePCARIndustry medianIndustry percentileSector median
Cash & short-term investments $8.8B $240.9M
98th		 $249.6M
Net cash (− = net debt) −$5.9B −$710.5M
8th		 −$666.5M
Working capital $23.0B $596.2M
100th		 $376.4M
Current ratio 3.12 2.06
92nd		 1.79
Quick ratio 2.90 1.20
97th		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.81 0.30
82nd		 0.32
Defensive interval (days) 8,092 days 495 days
100th		 614 days

Leverage & solvency (latest quarter)

MeasurePCARIndustry medianIndustry percentileSector median
Total debt $14.7B $1.2B
100th		 $919.8M
Debt / equity 0.72 0.55
68th		 0.65
Net debt / equity 0.29 0.43
35th		 0.46
Debt / assets 33.4% 26.8%
74th		 29.3%
Debt / capital 42.0% 35.6%
68th		 39.5%
Debt / EBITDA 4.01 2.00
82nd		 2.44
Net debt / EBITDA 1.60 1.61
48th		 1.86
Interest coverage (EBIT / interest) 133.2x 7.0x
98th		 5.0x
Cash interest coverage 204.0x 7.9x
98th		 6.1x
Debt payback (years of OCF) 3.4 yrs 2.6 yrs
59th		 3.2 yrs
Liabilities / assets 53.8% 50.7%
57th		 56.7%
IS credit model rating AA- — —
Implied credit spread (bps) 100 125
21st		 200

Efficiency

MeasurePCARIndustry medianIndustry percentileSector median
Asset turnover 0.62 0.78
36th		 0.75
Fixed asset turnover 4.25 5.95
8th		 5.14
Inventory turnover 9.6 3.7
95th		 5.0
Receivables turnover 1.2 5.9
0th		 6.7
Days sales outstanding 295 days 61 days
100th		 54 days
Days inventory outstanding 38 days 99 days
5th		 72 days
Days payables outstanding 97 days 53 days
100th		 41 days
Cash conversion cycle (days) 236 days 107 days
100th		 63 days
Capex / revenue 4.4% 2.1%
95th		 3.0%
Capex / depreciation 1.46 0.65
92nd		 0.76
Operating expense ratio 4.4% 21.2%
0th		 17.7%

Cash flow & earnings quality

MeasurePCARIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.73 1.42
73rd		 1.50
FCF / net income 1.25 1.22
55th		 1.15
FCF / operating cash flow 72.1% 83.2%
21st		 74.0%
Capex / operating cash flow 27.9% 16.8%
79th		 26.1%
Accruals ratio -4.2% -3.4%
39th		 -4.0%
Sloan accruals ratio -1.6% -1.5%
46th		 -2.4%
Earnings quality score (0-1) 1.00 1.00
25th		 1.00

Dividends & buybacks

MeasurePCARIndustry medianIndustry percentileSector median
Dividend yield 2.5% 0.9%
95th		 0.6%
Dividend per share (TTM) $2.76 $0.97
87th		 $0.44
Payout ratio (dividends / net income) 57.5% 29.1%
91st		 22.5%
Dividends / FCF 46.0% 24.6%
91st		 19.6%
Dividend growth (YoY) -35.7% 5.8%
2nd		 5.6%
Buyback yield 0.0% 0.7%
21st		 0.5%
Shareholder yield (dividends + buybacks) 2.5% 2.2%
62nd		 2.0%
Share count change (YoY) 0.2% -0.1%
63rd		 0.0%
Buybacks, last 5 years $149.3M $147.1M
52nd		 $76.0M

Scores & forensic checks

MeasurePCARIndustry medianIndustry percentileSector median
IS score 49 58
28th		 53
IS profitability 36 45
38th		 37
IS growth 16 48
2nd		 54
IS value 59 48
89th		 47
IS momentum 52 73
15th		 76
IS risk (safety) 90 100
36th		 80
IS quality 66 71
36th		 67
IS balance sheet 85 63
95th		 56
IS earnings quality 67 72
18th		 70
IS cash flow 60 60
46th		 54
Piotroski F-score (0-9) 5 6
20th		 6
Altman Z-score 3.7 4.4
43rd		 3.3
Beneish M-score −2.66 −2.55
18th		 −2.52
Ohlson O-score −9.19 −8.00
8th		 −7.49
IS credit score 81 76
59th		 65

Per share

MeasurePCARIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $4.75 $2.85
74th		 $2.21
Book value per share $38.52 $26.75
66th		 $18.38
Tangible book per share $38.56 $2.15
97th		 $4.39
Revenue per share $51.69 $46.23
56th		 $36.64
FCF per share $5.94 $4.10
70th		 $2.70
Operating cash flow per share $8.23 $4.77
72nd		 $4.28
Cash per share $16.74 $3.39
97th		 $3.02

Size (TTM)

MeasurePCARIndustry medianIndustry percentileSector median
Market cap $58.3B $6.0B
90th		 $3.9B
Revenue $27.3B $2.7B
97th		 $2.7B
EBITDA $3.7B $370.8M
90th		 $394.8M
Net income $2.5B $165.9M
90th		 $136.3M
Free cash flow $3.1B $324.5M
92nd		 $162.9M
Total assets $44.0B $3.6B
98th		 $3.5B
Shareholders' equity $20.3B $1.6B
98th		 $1.4B
Employees 25,900 6,800
84th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Breber Pierre R
Director
 Other 455——4,503
2026-10-01Pretti Luiz Antonio Dos Santos
Director
 Other 193——1,925
2026-10-01Ramaswamy Sreeganesh
Director
 Other 318——11,218
2026-10-01Pigott John
Director
 Other 318——4,001
2026-09-02Rich John N
V.P. & CHIEF TECH. OFFICER
 Other 4$122.13$4611,327
2026-09-02Pigott Mark C
Director, Executive Chairman
 Other 501$122.13$61,221176,255
2026-09-02Baney Kevin D
Executive Vice President
 Other 17$122.13$2,1096,073
2026-09-02Gryniewicz Craig R
Vice President
 Other 22$122.13$2,6377,592
2026-09-02Bolgar Paulo Henrique
Vice President
 Other 3$122.13$318915
2026-09-02Bloch Laura J
Senior Vice President
 Other 7$122.13$8682,499
2026-09-02Poplawski Brice J
Sr. Vice President & CFO
 Other 53$122.13$6,42118,485
2026-09-02Feight R Preston
Director, CHIEF EXECUTIVE OFFICER
 Other 50$122.13$6,16517,749

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired11,098—
Open-market saleDisposed456,842$7.6M
Option exerciseAcquired480,470$5.3M
Option exerciseDisposed480,470$5.3M
OtherAcquired585,652$183,192
Tax withholdingDisposed1105$12,003
—Disposed10—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 14 notices · 226,742 shares · $28.9M
FiledFilerShares proposedEst. proceeds
2026-07-31Walters William Lance1,000$133,500
2026-07-31Poplawski Brice J1,970$261,025
2026-07-31Feight R Preston50,975$6.8M
2026-07-31Bolgar Paulo Henrique2,897$387,908
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 5 trades (3 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-09-11Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-07-07Ro KhannaHousePurchase$1,001 - $15,0002026-08-12
2026-06-02Ro KhannaHousePurchase$1,001 - $15,0002026-07-08
2015-07-20Sheldon WhitehouseSenateSale (Full)$1,001 - $15,0002016-08-11
2015-07-20Sheldon WhitehouseSenateSale (Full)$1,001 - $15,0002016-08-10
2015-05-07Sheldon WhitehouseSenateSale (Full)$1,001 - $15,0002015-08-12
2015-05-07Sheldon WhitehouseSenateSale (Full)$1,001 - $15,0002015-08-11
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.41,023,312$4.9B7.79%
VANGUARD CAPITAL MANAGEMENT LLC34,370,178$4.1B6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC24,607,716$3.0B4.68%
STATE STREET CORP23,280,712$2.8B4.42%
Invesco Ltd.17,498,893$2.1B3.32%
WELLINGTON MANAGEMENT GROUP LLP17,050,532$2.0B3.24%
FMR LLC14,642,326$1.8B2.78%
GEODE CAPITAL MANAGEMENT, LLC13,009,614$1.6B2.47%
BANK OF AMERICA CORP /DE/9,411,391$1.1B1.79%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/8,486,853$1.0B1.61%
NORGES BANK6,275,849$753.9M1.19%
NORTHERN TRUST CORP5,826,018$699.8M1.11%
GOLDMAN SACHS GROUP INC5,680,246$682.3M1.08%
DIMENSIONAL FUND ADVISORS LP5,149,395$618.5M0.98%
Fisher Asset Management, LLC5,116,729$614.6M0.97%

Institutional ownership by quarter

2023-092026-0674.5%
% of shares held by 13F filers
2023-092026-061,101
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,10174.5%11838741390
2026-03-311,08571.0%14839636399
2025-12-311,05573.1%16839734276
2025-09-3097768.2%10139530780
2025-06-3097369.1%97342392114
2025-03-311,00570.6%108404340100
2024-12-311,01568.9%16036434486
2024-09-3096168.1%71366385122
2024-06-301,02367.4%11742033597
2024-03-311,01665.5%14738335464
2023-12-3194564.7%15632932658
2023-09-3086164.7%7832731147

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%39,503,508
2026-03-27SCHEDULE 13G/AThe Vanguard Group0.0%0
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.08%$1.8B
VTSAX0.08%$1.8B
VTI0.08%$1.8B
VSMPX0.08%$1.8B
VFIAX0.09%$1.5B
VFFSX0.09%$1.5B

Share structure

Shares outstanding526,364,953
Float515,985,036
Free float98.0%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$23.5B$28.8B$35.1B$33.7B$28.4B
Cost of revenue$19.2B$23.6B$27.5B$27.0B$23.8B
Gross profit$4.3B$5.2B$7.6B$6.7B$4.6B
R&D$324.1M$341.2M$410.9M$452.9M$445.5M
SG&A$676.8M$726.3M$753.3M$744.0M$735.8M
Operating income$2.3B$3.7B$5.9B$4.9B$3.0B
EBITDA$3.3B$4.5B$6.9B$5.8B$4.2B
Pretax income$2.4B$3.8B$5.7B$5.4B$3.0B
Income tax$530.8M$837.1M$1.1B$1.2B$647.7M
Net income$1.9B$3.0B$4.6B$4.2B$2.4B
EPS, diluted$3.57$5.75$8.76$7.90$4.51
Diluted shares522.6M523.3M525.0M526.6M526.8M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$5.0B$6.3B$9.0B$9.8B$9.3B
Receivables$13.5B$15.7B$19.8B$21.2B$2.0B
Inventory$2.0B$2.2B$2.6B$2.4B$2.2B
Total current assets$21.2B$24.9B$32.0B$34.2B$13.4B
PP&E, net$6.6B$6.3B$6.1B$5.9B$4.5B
Goodwill & intangibles$0$0$0$0$0
Total assets$29.5B$33.3B$40.8B$43.4B$44.3B
Accounts payable$2.0B$2.5B$2.7B$2.7B$7.9B
Total current liabilities$8.1B$9.6B$12.8B$13.0B$7.9B
Long-term debt$7.4B$8.2B$9.2B$10.4B$0
Total liabilities$17.9B$20.1B$24.9B$25.9B$25.1B
Shareholders' equity$11.6B$13.2B$15.9B$17.5B$19.3B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$1.9B$3.0B$4.6B$4.2B$2.4B
Depreciation & amortization$903.3M$790.2M$923.9M$916.9M$827.4M
Stock-based compensation$0$0$0$0$0
Change in working capital−$369.2M−$547.1M−$1.1B−$419.8M$718.8M
Operating cash flow$2.2B$3.0B$4.2B$4.6B$4.4B
Capital expenditure−$1.6B−$1.4B−$1.3B−$1.7B−$1.4B
Free cash flow$553.9M$1.6B$2.9B$2.9B$3.0B
Investing cash flow−$1.4B−$2.0B−$2.9B−$4.5B−$2.3B
Net debt issued / repaid−$210.9M$1.3B$2.6B$2.1B−$822.6M
Buybacks−$1.5M−$2.1M−$3.5M−$4.5M−$36.1M
Dividends paid−$708.0M−$1.0B−$1.5B−$2.3B−$2.3B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin16.6%18.1%21.7%19.9%16.2%
Operating margin9.8%12.8%12.7%14.5%10.4%
Net margin7.9%10.4%13.1%12.4%8.4%
FCF margin2.4%5.7%8.3%8.6%10.6%
ROE16.9%24.3%31.7%24.9%12.9%
ROIC10.3%15.5%16.9%16.0%23.2%
ROA6.4%9.6%12.4%9.9%5.4%
Debt / equity0.930.890.910.910.00
Interest coverage109.5x220.3x109.7x35.4x9.3x
Current ratio2.622.602.502.641.70
Revenue growth+25.6%+22.5%+21.9%−4.2%−15.5%
EPS growth+42.9%+61.7%+52.2%−9.7%−42.9%
P/E at year end14.2x10.3x10.5x12.8x24.3x
EV / EBITDA at year end10.1x8.1x7.8x10.2x12.4x
FCF yield at year end2.10%5.28%6.07%5.42%5.25%
Dividend payout38.1%33.4%33.0%55.0%95.4%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Truck Parts And Other$21.8B$27.3B$33.3B$32.1B$26.2B
Financial Services———$2.1B$2.2B

Revenue by region · FY2025

UNITED STATES$15.4B · 54%
Europe$6.9B · 24%
Other Countries$6.1B · 21%

Street estimates by fiscal year

Next report 2026-10-27 · consensus EPS $1.61 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$28.7B$27.8B – $29.4B$5.93$5.67 – $6.141218.7x
2027$31.6B$30.1B – $33.2B$7.22$6.67 – $7.831215.4x
2028$33.3B$28.7B – $37.0B$8.10$6.56 – $10.211213.7x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-28$1.36$1.43+5.1%$7.0B$7.0B−0.7%
2026-04-28$1.15$1.150.0%$6.4B$6.2B−3.2%
2026-01-27$1.06$1.060.0%$6.1B$6.3B+3.3%
2025-10-21$1.15$1.12−2.6%$6.0B$6.7B+11.1%
2025-07-22$1.29$1.37+6.2%$7.0B$7.5B+7.4%
2025-04-29$1.58$1.46−7.6%$7.2B$7.4B+3.4%
2025-01-28$1.70$1.66−2.4%$7.6B$7.9B+4.2%
2024-10-22$1.82$1.85+1.6%$7.7B$8.2B+7.6%
2024-07-23$2.14$2.13−0.5%$8.3B$8.8B+6.1%
2024-04-30$2.20$2.27+3.2%$8.3B$8.7B+6.0%
2024-01-23$2.22$2.70+21.6%$8.3B$9.1B+8.8%
2023-10-24$2.12$2.34+10.4%$8.0B$8.7B+8.9%
2023-07-25$2.18$2.33+6.9%$8.2B$8.9B+7.9%
2023-04-25$1.82$2.25+23.6%$7.7B$8.5B+9.9%
2023-01-24$1.47$1.76+19.7%$7.1B$8.1B+13.8%
2022-10-25$1.32$1.47+11.4%$6.7B$7.1B+5.3%
2022-07-26$1.21$1.38+14.0%$6.6B$7.2B+9.1%
2022-04-26$1.03$1.15+11.7%$6.0B$6.5B+8.8%
2022-01-25$0.88$0.98+11.4%$5.8B$6.7B+14.6%
2021-10-26$0.80$0.72−10.0%$5.6B$5.1B−7.5%
2021-07-27$0.93$0.94+1.1%$5.6B$5.8B+4.4%
2021-04-27$0.85$0.90+5.9%$5.6B$5.8B+4.7%
2021-01-26$0.81$0.78−3.7%$5.8B$5.6B−3.9%
2020-10-20$0.65$0.74+13.8%$2.7B$4.9B+79.8%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.406-150.406-220.306-290.607-060.407-130.707-200.807-270.708-030.408-100.508-170.308-240.508-31
Week ofNotionalSharesTrades
2026-08-31$457.5M3,707,87076,802
2026-08-24$285.2M2,227,34665,944
2026-08-17$459.3M3,546,94376,010
2026-08-10$403.4M3,076,15273,740
2026-08-03$689.1M5,161,71697,104
2026-07-27$770.7M5,735,023122,720

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1548.3%
DateShort shareShort volumeTotal volume
2026-10-1548.3%569,4921,180,161
2026-10-1454.9%455,632830,684
2026-10-1343.7%317,480725,748
2026-10-1236.2%311,368859,351
2026-10-0936.6%448,5451,224,404
2026-10-0836.9%480,2421,299,731
2026-10-0745.3%503,5591,112,667
2026-10-0622.0%282,6051,287,011
2026-10-0526.9%262,626975,604
2026-10-0247.5%766,8641,615,550
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+1.6Jan+0.8Feb+1.7Mar+2.4Apr-1.4May+0.5Jun+1.8Jul-0.7Aug-0.1Sep+3.3Oct+2.9Nov+2.4Dec
MonthAvg returnUp yearsYears
Jan+1.6%65%20
Feb+0.8%50%20
Mar+1.7%62%21
Apr+2.4%45%20
May−1.4%45%20
Jun+0.5%45%20
Jul+1.8%60%20
Aug−0.7%60%20
Sep−0.1%45%20
Oct+3.3%65%20
Nov+2.9%55%20
Dec+2.4%65%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1441.9
MFI53.8
ADX52.4
Stochastic %K / %D64.5 / 50.8
Williams %R-26.0
CCI41
TSI / signal-38.4 / -45.3
Chaikin money flow-0.16
ATR$2.49
Bollinger width7.0%
Volume vs 20-day avg0.80x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$110.26 (+0.5%)
SMA 50$119.69 (−7.4%)
SMA 200$120.15 (−7.8%)
EMA 21$111.68 (−0.8%)
EMA 50$116.56 (−4.9%)
EMA 200$116.99 (−5.3%)
Bollinger upper$114.12 (−2.9%)
Bollinger lower$106.39 (+4.2%)
Parabolic SAR$106.41 (+4.1%)
Open the live chart, 110+ indicators

About PACCAR Inc

PACCAR Inc is a global leader specializing in the design, production, and distribution of commercial trucks, covering light, medium, and heavy-duty classes. Its market reach extends across the United States, Europe, Mexico, South America, Australia, and other international territories. The company's operations are divided into three principal segments: Truck, Parts, and Financial Services. The Truck division focuses on engineering, manufacturing, and supplying vehicles tailored for both long-distance highway travel and challenging off-highway applications, primarily for hauling commercial and consumer goods. These vehicles are sold worldwide through an expansive network of independent dealerships, prominently featuring the Kenworth, Peterbilt, and DAF brands. The Parts segment is dedicated to supplying aftermarket components for its trucks and associated commercial vehicles. Through its Financial Services arm, which encompasses full-service leasing under the PacLease trademark, PACCAR offers a wide array of financing and leasing products to both its customers and its dealer network. This segment also delivers equipment financing and administrative assistance to its franchisees. It provides retail loans and leasing options to a diverse clientele, including small, medium, and large commercial trucking firms, independent owner-operators, and various other businesses. Additionally, it facilitates truck inventory financing for independent dealers and directly extends loans and leases to customers for purchasing trucks and related equipment. Beyond its core truck business, PACCAR also fabricates and markets industrial winches under the Braden, Carco, and Gearmatic labels. Established in 1905, PACCAR Inc's corporate headquarters are situated in Bellevue, Washington.

https://www.paccar.com

Key executives

NameTitlePayBorn
R. Preston FeightChief Executive Officer & Director$3.0M1968
Laura J. BlochSenior Vice President$1.1M1978
Kevin D. BaneyPresident$1.0M1971
Brice J. PoplawskiSenior Vice President & Chief Financial Officer$735,5681965
Mark C. PigottExecutive Chairman$532,4801954
John N. RichExecutive VP & CTO—1970
Ken HastingsSenior Director of Investor Relations——
Michael K. WaltonVice President & General Counsel—1966

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
R. P. Feight Chief Executive Officer2025$1.7M$4.9M$1.3M$12.6M
H. C. Schippers (retired 6/2/25) President & Chief Financial Officer2025$523,558$1.5M$0$3.7M
C. M. Dozier (retired 4/1/26) Executive Vice President2025$739,770$865,150$418,694$3.6M
D. C. Siver (retired 1/1/26) Executive Vice President2025$739,770$865,150$370,388$3.6M
K. D. Baney Executive Vice President2025$657,461$798,600$351,732$3.2M
B. J. Poplawski Senior Vice President & Chief Financial Officer2025$482,308$297,000$235,760$1.9M

Employees

28k201827k201926k202028k202131k202232k202330k202426k2025

Dividends

Ex-dateAmountPaid
2026-11-10$0.352026-12-02
2026-08-12$0.352026-09-02
2026-05-13$0.352026-06-03
2026-02-11$0.332026-03-04
2025-12-19$1.42026-01-07
2025-11-12$0.332025-12-03
2025-08-14$0.332025-09-04
2025-05-14$0.332025-06-04

Moat model

None · Efficient Scale · 2026-06-30
Cost advantage46
Intangibles22
Switching costs17
Network effect27
Efficient scale58
Our component scores (0-100) and overall 31.7; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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