Paccar Inc (PCAR) Financial Statements

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Paccar financial statements at a glance

Paccar reported revenue of $28.44 billion for fiscal year 2025 (ended December 31, 2025), down 15.5% from fiscal year 2024. Net income was $2.38 billion, a net margin of 8.4%, and diluted earnings per share were $4.51.

At the end of fiscal year 2025 it had total assets of $44.34 billion, total liabilities of $25.07 billion and shareholders' equity of $19.26 billion, with cash and short-term investments of $9.52 billion and total debt of $15.64 billion.

Its operations brought in $4.42 billion of cash, leaving free cash flow of $3.03 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

PCAR logo

Paccar Inc

PCARUnited States
Manufacturing and Production
USD (Local)

Income Statement

Annual • USD

Total Revenue
28.44B
Prev Year: 33.66B
YoY: -15.5%
Operating Revenue
28.44B
Prev Year: 33.66B
YoY: -15.5%
Tax Rate for Calcs
0.214
Prev Year: 0
Tax Effect of Unusual Items
74.07M
Prev Year: 90.39M
YoY: -18.1%
Other Income Expense
346.10M
Prev Year: 394.70M
YoY: -12.3%
Gain on Sale of Securities
346.10M
Prev Year: 394.70M
YoY: -12.3%
Provision for Doubtful Accounts
124.50M
Prev Year: 75.60M
YoY: +64.7%
Depreciation Amortization Depletion
470.00M
Prev Year: 544.70M
YoY: -13.7%
Depreciation and amortization
470.00M
Prev Year: 544.70M
YoY: -13.7%
Depreciation
470.00M
Prev Year: 544.70M
YoY: -13.7%
Cost of Revenue
23.71B
Prev Year: 26.95B
YoY: -12.0%
Gross Profit
4.74B
Prev Year: 6.71B
YoY: -29.4%
Operating Expense
1.78B
Prev Year: 1.82B
YoY: -2.3%
Selling General and Administrative
735.80M
Prev Year: 744.00M
YoY: -1.1%
Research and Development
445.50M
Prev Year: 452.90M
YoY: -1.6%
Operating Income
2.96B
Prev Year: 4.89B
YoY: -39.5%
Net Non Operating Interest Income Expense
-284.30M
Prev Year: 113.80M
YoY: -349.8%
Total Other Finance Cost
284.30M
Prev Year: -113.80M
YoY: +349.8%
Non-operating Interest Income
-
Pre-tax Income
3.02B
Prev Year: 5.40B
YoY: -44.0%
Provision for Income Taxes
647.70M
Prev Year: 1.24B
YoY: -47.7%
Net Income Common Stockholders
2.38B
Prev Year: 4.16B
YoY: -42.9%
Net Income
2.38B
Prev Year: 4.16B
YoY: -42.9%
Net Income Including Non-Controlling Interests
2.38B
Prev Year: 4.16B
YoY: -42.9%
Net Income from Continuing Operations
2.38B
Prev Year: 4.16B
YoY: -42.9%
Diluted NI Available to Com Stockholders
2.38B
Prev Year: 4.16B
YoY: -42.9%
Basic EPS
4.52
Prev Year: 7.92
YoY: -42.9%
Diluted EPS
4.51
Prev Year: 7.9
YoY: -42.9%
Weighted Average Shares (basic)
525.90M
Prev Year: 525.30M
YoY: +0.1%
Weighted Average Shares (diluted)
526.80M
Prev Year: 526.60M
YoY: +0.0%
Total Expenses
25.48B
Prev Year: 28.77B
YoY: -11.4%
Net Income from Continuing and Discontinued Operation
2.38B
Prev Year: 4.16B
YoY: -42.9%
Normalized Income
2.10B
Prev Year: 3.86B
YoY: -45.5%
Net Interest Income
-284.30M
Prev Year: 113.80M
YoY: -349.8%
EBIT
2.96B
Prev Year: 4.89B
YoY: -39.5%
Interest Income
-
EBITDA
3.79B
Prev Year: 5.81B
YoY: -34.8%
Reconciled Cost of Revenue
23.35B
Prev Year: 26.58B
YoY: -12.2%
Reconciled Depreciation
827.40M
Prev Year: 916.90M
YoY: -9.8%
Net Income from Continuing Operation Net Minority Interest
2.38B
Prev Year: 4.16B
YoY: -42.9%
Total Unusual Items Excluding Goodwill
346.10M
Prev Year: 394.70M
YoY: -12.3%
Total Unusual Items
346.10M
Prev Year: 394.70M
YoY: -12.3%
Normalized EBITDA
3.44B
Prev Year: 5.41B
YoY: -36.4%
Values in USD

Paccar key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$28.4B$33.7B$35.1B$28.8B$23.5B
Gross profit$4.7B$6.7B$7.6B$5.2B$4.3B
Operating income$3.0B$4.9B$5.9B$3.7B$2.3B
Net income$2.4B$4.2B$4.6B$3.0B$1.9B
Diluted EPS$4.51$7.90$8.76$5.75$3.55
Total assets$44.3B$43.4B$40.8B$33.3B$29.5B
Total liabilities$25.1B$25.9B$24.9B$20.1B$17.9B
Shareholders' equity$19.3B$17.5B$15.9B$13.2B$11.6B
Cash and short-term investments$9.5B$9.8B$9.0B$6.3B$5.0B
Total debt$15.6B$15.9B$14.2B$11.5B$10.4B
Operating cash flow$4.4B$4.6B$4.2B$3.0B$2.2B
Capital spending–$1.7B$1.3B$1.4B$1.6B
Free cash flow$3.0B$2.9B$2.9B$1.6B$553.9M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Paccar's revenue in fiscal year 2025?

$28.44 billion, down 15.5% from $33.66 billion in fiscal year 2024.

How much profit does Paccar make?

Paccar reported net income of $2.38 billion for fiscal year 2025 (8.4% of revenue); operating income was $2.96 billion.

How much cash and debt does Paccar have?

At the end of fiscal year 2025: cash and short-term investments of $9.52 billion and total debt of $15.64 billion.

What is Paccar's free cash flow?

$3.03 billion in fiscal year 2025 (operating cash flow of $4.42 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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