PACCAR Inc
IndustrialsNASDAQ:PCAR · NASDAQ Global Select
+$0.94 today
Vol 2.55M · Avg 2.78M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$27.2B of revenue converted into $2.5B of net income for the selected period. Gross margin is 15.0% and net margin is 9.1%, showing how much revenue survives after costs and taxes. EPS is $4.70, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.4B -15.5% | $33.7B -4.2% | $35.1B +21.9% | $28.8B +22.5% | $23.5B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $23.8B -11.6% | $27.0B -2.0% | $27.5B +16.5% | $23.6B +22.6% | $19.2B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $4.6B -31.2% | $6.7B -12.1% | $7.6B +46.0% | $5.2B +22.1% | $4.3B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 16.2% -3.7pp | 19.9% -1.8pp | 21.7% +3.6pp | 18.1% -0.1pp | 18.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $445.5M -1.6% | $452.9M +10.2% | $410.9M +20.4% | $341.2M +5.3% | $324.1M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $735.8M -1.1% | $744.0M -1.2% | $753.3M +3.7% | $726.3M +7.3% | $676.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.7B -8.9% | $1.8B +7.9% | $1.7B +8.8% | $1.5B -21.5% | $2.0B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $827.4M -9.8% | $916.9M -0.8% | $923.9M +16.9% | $790.2M -18.5% | $969.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | $4.2B -33.9% | $6.3B -4.5% | $6.6B +43.3% | $4.6B +37.7% | $3.4B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 14.8% -4.1pp | 18.9% -0.1pp | 18.9% +2.8pp | 16.1% +1.8pp | 14.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $3.0B -39.5% | $4.9B -17.7% | $5.9B +61.6% | $3.7B +59.4% | $2.3B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 10.4% -4.1pp | 14.5% -2.4pp | 16.9% +4.2pp | 12.8% +3.0pp | 9.8% | 16.6% | 24.1% | 22.0% |
| Interest Income | $257.9M -34.2% | $391.7M +35.7% | $288.6M +385.9% | $59.4M +343.3% | $13.4M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $346.5M +1014.1% | $31.1M +509.8% | $5.1M | $0 -100.0% | $4.1M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $61.8M -87.8% | $508.5M +322.8% | -$228.2M -234.2% | $170.1M +93.1% | $88.1M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $3.0B -44.0% | $5.4B -5.5% | $5.7B +48.6% | $3.8B +60.6% | $2.4B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 10.6% -5.4pp | 16.0% -0.2pp | 16.3% +2.9pp | 13.4% +3.2pp | 10.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $647.7M -47.7% | $1.2B +10.9% | $1.1B +33.5% | $837.1M +57.7% | $530.8M | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.4B -42.9% | $4.2B -9.5% | $4.6B +52.8% | $3.0B +61.4% | $1.9B | $4.9B | $4.8B | $4.7B |
| Net Margin | 8.4% -4.0pp | 12.4% -0.7pp | 13.1% +2.6pp | 10.4% +2.5pp | 7.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $5 -42.9% | $8 -9.8% | $9 +52.4% | $6 +60.9% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $5 -42.9% | $8 -9.8% | $9 +52.3% | $6 +61.1% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $526.0M +0.1% | $525.3M +0.3% | $523.9M +0.2% | $522.6M +0.2% | $521.7M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $526.8M +0.0% | $526.6M +0.3% | $525.0M +0.3% | $523.3M +0.1% | $522.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Cummins Inc.
NYSE:CMI
$91.01B
Canadian National Railway Company
NYSE:CNI
$72.17B
United Rentals, Inc.
NYSE:URI
$67.30B
W.W. Grainger, Inc.
NYSE:GWW
$62.13B
Carrier Global Corporation
NYSE:CARR
$58.07B
L3Harris Technologies, Inc.
NYSE:LHX
$57.34B
AMETEK, Inc.
NYSE:AME
$52.06B
Ferguson plc
NYSE:FERG
$44.62B
Roper Technologies, Inc.
NASDAQ:ROP
$33.80B
Symbotic Inc.
NASDAQ:SYM
$4.81B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does PCAR generate?
PACCAR Inc (PCAR) reported $28.44B of revenue in fiscal 2025.
Is PCAR profitable?
PACCAR Inc (PCAR) reported $2.38B of net income, with a net margin of 8.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.