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Paccar (PCAR) stock

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NASDAQ: PCAR Nasdaq Construction Machinery & Heavy Transportation Equipment Next results ~January 26, 2027

C+ Fundamentals grade

Paccar is a US-listed company in the construction machinery & heavy transportation equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$95

Valuation models combined (3)

Base case. Range ~$83–$110. Weighted average of 3 models (forward price-to-earnings vs peers, residual income, justified price-to-book), the forward price-to-earnings vs peers counting double.

Price vs value

No Buy/Hold/Sell rating is issued: consolidated figures include PACCAR Financial, a finance arm whose borrowing funds customer loans, so a single cash-flow value of the group is not meaningful; not rated until we value the parts separately.

Paccar valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 8 selling0 purchases and 16 sales by directors and officers, last 12 monthsInsider trades
  • Funds481 adding, 501 cuttingOf 66 active managers that changed their stake, 32 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Paccar files

10-Q filed October 28: Paccar

Revenue for the twelve months to September 2026 was $29.1bn, down 1.5% on a year earlier, a smaller fall than the 10.6% decline a quarter earlier. Free-cash-flow margin fell to 10.5% from 13.3% a year earlier. Its fundamentals grade moves from C+ to B. Our model value is little changed at $115 a share, against a share price of $102.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 29: Paccar

Paccar's revenue for the twelve months to June 2026 came in at $29.1bn, down 1.5% on the same period a year earlier. That decline has narrowed considerably from the 10.6% drop recorded a quarter earlier. Margins told a different story, however: free-cash-flow margin slipped to 10.5%, down from 13.3% a year ago. Despite the softer cash conversion, the fundamentals grade improved, moving from C to C+. Our model value nonetheless fell, dropping from $128 to $115 a share. At the current share price of $104, the stock trades below that revised estimate, leaving a gap between where the market has it and where the model puts it.

10-Q on SEC EDGAR

Where Paccar stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $27.8bn, down 10.6% on a year earlier, faster than -14.2% a quarter earlier. That puts it 921 of 931 for growth among all the companies we cover. Free-cash-flow margin rose to 13.3% from 11.8% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. Our cash-flow model value is $120 a share, against a share price of $109. At that price, our model says the market is pricing in about 2.4% a year of cash-flow growth for five years, close to the 3.4% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 26, 2027 (estimated)

Paccar's trailing-twelve-month revenue fell 1.5% year on year, with a free-cash-flow margin of 10.5%. Where it stands out: stock pay as % of revenue of 0.1% ranks 1 of 20 construction machinery & heavy transportation equipment companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 22.5% while net income grew 2.6%: a 25pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $3.2bn.

Things to watch

  • Revenue shrinking. Revenue fell 1.5% over the last 12 months.
  • Insiders selling. 8 insiders sold $29M of stock over the past 365 days and none bought (0% under pre-set trading plans).

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$1.61 against an average estimate of $1.60: beat by 0.7%
Revenue
$7.94bn, up 19.0% on a year earlier
Share reaction
-1.9% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Guidance given
capital expenditures $700m to $750m (2026); research and development expenses $450m to $480m (2026)
Next report
October 27, 2026; average EPS estimate $1.67

Paccar's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.8%
  • 1 week-1.6%
  • 1 month-6.3%
  • This year-5.4%
  • 1 year+7.0%
  • 5 years+104.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$29.1B
Net margin
9.5%
EPS (TTM, diluted)
$5.24

Growth

Revenue growth
−1.5%
Change in growth rate
+9.0 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$3B
FCF margin
10.5%
Stock pay % of revenue
0.1%

Earnings

Last results
October 27, 2026
Next results (est.)
January 26, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Our research
  4. Product
  5. Dividend
  6. Insider trade
  7. Announcement
  8. Results
  9. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Paccar valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: consolidated figures include PACCAR Financial, a finance arm whose borrowing funds customer loans, so a single cash-flow value of the group is not meaningful; not rated until we value the parts separately.

Valuation models

We value Paccar as an operating company, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.98 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$83 ~$71–$120 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$100 ~$79–$140 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$110 ~$97–$130 Included
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%. — Does not apply: The finance arm and operating business require separate valuations; consolidated financing debt is not industrial debt.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: The finance arm and operating business require separate valuations; consolidated financing debt is not industrial debt.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: The finance arm and operating business require separate valuations; consolidated financing debt is not industrial debt.
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$95 ~$83–$110 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Paccar with Construction Machinery & Heavy Transportation Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$21.72$30.05$34.50$29.22$42.38$47.36$50.02$58.52$90.72$100.52$108.60$102.74
Market value$11.6bn$15.9bn$18.3bn$15.4bn$22.1bn$24.7bn$26.1bn$30.6bn$47.6bn$52.9bn$57.2bn$54.2bn
+ Net debt (− = net cash)−$2.0bn−$1.9bn−$2.4bn−$3.4bn$0$0$0$0$0$0$0$0
Enterprise value$9.6bn$13.9bn$15.9bn$12.0bn$22.1bn$24.7bn$26.1bn$30.6bn$47.6bn$52.9bn$57.2bn$54.2bn
Multiples
Price / sales 0.6x0.9x0.9x0.7x0.9x1.3x1.1x1.1x1.4x1.6x2.0x1.9x
Price / earnings 7.2x30.4x10.9x7.0x9.3x19.0x14.0x10.2x10.4x12.7x24.1x19.6x
Price / free cash flow 5.1x8.2x8.0x6.1x9.7x10.1x16.1x12.2x13.6x13.9x15.6x17.8x
EV / EBITDA ————————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

68 /100

Moderate moat

How hard Paccar's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 11 / 20

    Net income has been a median 7.4% of total assets over 10 years.

  • Durability 12 / 20

    Net margin has been a median 9.5%; its worst year was 7.4%.

  • Cash conversion 15 / 20

    Free cash flow was positive in 10 of 10 years, at a median 10.4% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 0.3% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $5.91 +31% $28.7bn +10%
Next $7.05 +19% $31.1bn +8%

Next year's EPS estimate has moved +0.3% in 90 days, across 14 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.3% on 90 days ago. In the last 30 days, 2 analysts raised Paccar's forecast and 2 cut it.

Consensus EPS forecast Paccar, last 90 days
$5.50 $6.00 $6.50 $7.00 $7.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $5.92 Current fiscal year, 60 days ago: $5.96 Current fiscal year, 30 days ago: $5.98 Current fiscal year, 7 days ago: $5.95 Current fiscal year, Now: $5.91 $5.91 Next fiscal year, 90 days ago: $7.03 Next fiscal year, 60 days ago: $7.19 Next fiscal year, 30 days ago: $7.22 Next fiscal year, 7 days ago: $7.13 Next fiscal year, Now: $7.05 $7.05

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $5.92$7.03
60 days ago $5.96$7.19
30 days ago $5.98$7.22
7 days ago $5.95$7.13
Now $5.91$7.05

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.60 $1.61 +0.7%
Jun 2026 $1.36 $1.43 +5.4%
Mar 2026 $1.16 $1.15 −0.9%
Dec 2025 $1.05 $1.06 +0.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 28, 2026
  • Capital expenditures 2026 $700m to $750m
    “Capital expenditures are projected to be in the range of $700-$750 million and research and development expenses are estimated to be in the range $450-$480 million in 2026.” source
  • research and development expenses 2026 $450m to $480m
    “Capital expenditures are projected to be in the range of $700-$750 million and research and development expenses are estimated to be in the range $450-$480 million in 2026.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

19 analysts, Oct 2026
Buy947%
Hold1053%
Sell00%

Monthly trend

  1. Oct 2026361019
  2. Sep 2026351018
  3. Aug 202651319
  4. Jul 202651319

Counts of recommendations published by analysts covering Paccar, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.8%
of tradable shares
Days to cover
3.24
at average volume
Short interest, 1 month
+2%
to October 15, 2026
Held by institutions
76%
of shares
Held by insiders
1.9%
of shares
Employees
25,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +7.0%

$96.03 on October 31, 2025 to $102.74

ThenNowEffect
Revenue (last 12 months) $31.1bn $27.8bn −10.6%
Net margin 9.9% 9.0% −8.9%
P/E multiple 16.5x 21.6x +31.4%
Share count 527m 527m −0.1%

Biggest factor: p/e multiple.

Last 3 years +32.1%

$77.77 on November 3, 2023 to $102.74

ThenNowEffect
Revenue (last 12 months) $32.5bn $27.8bn −14.5%
Net margin 11.2% 9.0% −19.6%
P/E multiple 11.2x 21.6x +93.5%
Share count 524m 527m −0.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PCAR+6%+17%+55%+11%+8%−5%
Industry peers (median)+16%−13%+28%+25%+7%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PCAR50%42%67%58%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PCAR−20%−17%−10%−26%−23%−26%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 38% from December 12, 2019 to March 23, 2020. Getting back needed a 61% gain, reached on July 21, 2020, 120 days after the low.

Price behaviour

52-week range
$92.20 – $137.84
From 52-week high
−25.5%
vs 50-day average
−10.1%
vs 200-day average
−14.1%
Volatility (1 year)
27%
Beta vs S&P 500
0.90

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±4.1%
After a week
5 up, 6 down
typical move ±5.1%
After a month
5 up, 6 down
typical move ±5.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 −1.9% +0.9% — —
July 28, 2026 +0.3% −1.3% +1.9% −2.9%
April 28, 2026 −7.1% −0.5% −10.8% −11.5%
January 27, 2026 +0.8% +0.4% +4.7% +1.9%
October 21, 2025 +2.4% −0.5% +1.7% −0.7%
July 22, 2025 +8.8% +0.9% +7.1% +6.0%
April 29, 2025 −2.0% +0.7% −3.3% +2.8%
January 28, 2025 +0.9% +0.4% −1.3% −3.7%
October 22, 2024 −5.3% −1.0% −2.7% +0.6%
July 23, 2024 −9.3% −2.4% −11.0% −11.7%
April 30, 2024 −6.4% −1.9% −6.2% −6.7%
January 23, 2024 +3.9% +0.4% +5.0% +14.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Paccar in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Paccar
$26B $28B $30B $32B $34B $36B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $35.1B Revenue (TTM), FY24 Q1: $35.4B Revenue (TTM), FY24 Q2: $35.3B Revenue (TTM), FY24 Q3: $34.8B Revenue (TTM), FY24 Q4: $33.7B Revenue (TTM), FY25 Q1: $32.4B Revenue (TTM), FY25 Q2: $31.1B Revenue (TTM), FY25 Q3: $29.5B Revenue (TTM), FY25 Q4: $28.4B Revenue (TTM), FY26 Q1: $27.8B Revenue (TTM), FY26 Q2: $27.8B Revenue (TTM), FY26 Q3: $29.1B $29.1B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $35.1B
FY24 Q1 $35.4B
FY24 Q2 $35.3B
FY24 Q3 $34.8B
FY24 Q4 $33.7B
FY25 Q1 $32.4B
FY25 Q2 $31.1B
FY25 Q3 $29.5B
FY25 Q4 $28.4B
FY26 Q1 $27.8B
FY26 Q2 $27.8B
FY26 Q3 $29.1B
Revenue growth, TTM YoY Paccar
-20% -10% 0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 21.9% Revenue growth, TTM YoY, FY24 Q1: 14.9% Revenue growth, TTM YoY, FY24 Q2: 8.4% Revenue growth, TTM YoY, FY24 Q3: 1.9% Revenue growth, TTM YoY, FY24 Q4: -4.2% Revenue growth, TTM YoY, FY25 Q1: -8.6% Revenue growth, TTM YoY, FY25 Q2: -11.9% Revenue growth, TTM YoY, FY25 Q3: -15.2% Revenue growth, TTM YoY, FY25 Q4: -15.5% Revenue growth, TTM YoY, FY26 Q1: -14.2% Revenue growth, TTM YoY, FY26 Q2: -10.6% Revenue growth, TTM YoY, FY26 Q3: -1.5% -1.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 21.9%
FY24 Q1 14.9%
FY24 Q2 8.4%
FY24 Q3 1.9%
FY24 Q4 -4.2%
FY25 Q1 -8.6%
FY25 Q2 -11.9%
FY25 Q3 -15.2%
FY25 Q4 -15.5%
FY26 Q1 -14.2%
FY26 Q2 -10.6%
FY26 Q3 -1.5%
FCF margin (TTM) Paccar
9% 10% 11% 12% 13% 14% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 9.9% FCF margin (TTM), FY24 Q1: 11.9% FCF margin (TTM), FY24 Q2: 10.3% FCF margin (TTM), FY24 Q3: 10.3% FCF margin (TTM), FY24 Q4: 11.3% FCF margin (TTM), FY25 Q1: 10.1% FCF margin (TTM), FY25 Q2: 11.8% FCF margin (TTM), FY25 Q3: 13.3% FCF margin (TTM), FY25 Q4: 12.9% FCF margin (TTM), FY26 Q1: 13.5% FCF margin (TTM), FY26 Q2: 13.3% FCF margin (TTM), FY26 Q3: 10.5% 10.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 9.9%
FY24 Q1 11.9%
FY24 Q2 10.3%
FY24 Q3 10.3%
FY24 Q4 11.3%
FY25 Q1 10.1%
FY25 Q2 11.8%
FY25 Q3 13.3%
FY25 Q4 12.9%
FY26 Q1 13.5%
FY26 Q2 13.3%
FY26 Q3 10.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 8.1 10.3 16.4 17.1 17.1 19.0 19.1 17.0 19.5 23.5 25.6 18.7 23.5 28.8 35.1 33.7 28.4 29.1
Gross profit — — — — — — — — — — — — — 5.5 8.2 7.6 5.7 5.9
Net income 0.1 0.5 1.0 1.1 1.2 1.4 1.6 0.5 1.7 2.2 2.4 1.3 1.9 3.0 4.6 4.2 2.4 2.8
Diluted EPS $0.21 $0.83 $1.91 $2.08 $2.20 $2.55 $3.01 $0.99 $3.17 $4.16 $4.58 $2.50 $3.57 $5.75 $8.76 $7.90 $4.51 $5.24
Growth (year on year)
Revenue −46.0% +27.3% +58.9% +4.3% +0.4% +10.9% +0.6% −10.9% +14.2% +20.8% +9.0% −26.8% +25.6% +22.5% +21.9% −4.2% −15.5% −1.5%
Net income −89.0% — +127.8% +6.6% +5.4% +16.0% +18.0% −67.5% +221.1% +31.0% +8.8% −45.5% +43.4% +61.4% +52.8% −9.5% −42.9% +2.6%
Diluted EPS −88.8% — +128.8% +9.1% +5.8% +15.8% +18.1% −67.2% +220.9% +31.4% +10.1% −45.4% +42.8% +61.1% +52.3% −9.8% −42.9% +2.5%
Margins
Gross margin — — — — — — — — — — — — — 19.2% 23.4% 22.6% 20.1% 20.1%
Net margin 1.4% 4.4% 6.4% 6.5% 6.8% 7.2% 8.4% 3.1% 8.6% 9.3% 9.3% 6.9% 7.9% 10.4% 13.1% 12.4% 8.4% 9.5%
Free-cash-flow margin 15.4% 13.4% 7.7% 5.9% 10.9% 9.6% 11.9% 11.3% 11.8% 10.8% 8.9% 13.0% 6.9% 8.7% 9.9% 11.3% 12.9% 10.5%
Cash flow
Cash from operations 1.4 1.6 1.6 1.5 2.4 2.1 2.6 2.3 2.7 3.0 2.9 3.0 2.2 3.0 4.2 4.6 4.4 3.7
Capital spending 0.1 0.2 0.3 0.5 0.5 0.3 0.3 0.4 0.4 0.5 0.6 0.6 0.6 0.5 0.7 0.8 0.7 0.6
Free cash flow 1.2 1.4 1.3 1.0 1.9 1.8 2.3 1.9 2.3 2.5 2.3 2.4 1.6 2.5 3.5 3.8 3.7 3.0
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow after stock pay 1.2 1.4 1.2 1.0 1.9 1.8 2.3 1.9 2.3 2.5 2.3 2.4 1.6 2.5 3.5 3.8 3.6 3.0
Balance sheet
Cash 1.9 2.0 2.1 1.3 1.8 1.7 2.0 1.9 2.4 3.4 — — — — — — — —
Total debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net debt (negative = net cash) −1.9 −2.0 −2.1 −1.3 −1.8 −1.7 −2.0 −1.9 −2.4 −3.4 — — — — — — — —
Diluted shares 547m 549m 547m 534m 533m 534m 533m 528m 529m 528m 521m 521m 523m 523m 525m 527m 527m 527m
Returned to shareholders
Dividends 0.2 0.3 0.2 0.8 0.3 0.6 0.7 0.8 0.6 0.8 1.1 1.2 0.7 1.0 1.5 2.3 2.3 1.5
Buybacks 0.0 — 0.3 0.2 — 0.0 0.2 0.1 — 0.4 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total returned 0.2 0.3 0.6 1.0 0.3 0.7 0.9 0.9 0.6 1.2 1.2 1.3 0.7 1.0 1.5 2.3 2.3 1.5

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 0 checks passed · September 30, 2026
  • Short-term assets cover short-term liabilities The company doesn't report a short-term split. Not assessable.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Paccar's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$6.5M
Dividends (TTM)
$1.5B
Returned to shareholders
48%
of free cash flow
Buybacks, last 3 fiscal years
$44.1M
Diluted share count
+0.1%
year over year
Total shareholder yield
2.7%
dividends 2.7% + buybacks 0.0% of market value
Dividend payout ratio
53%
of net income paid out
R&D spending
1.5%
of revenue
Sales & admin spending
2.5%
of revenue

Competitors: side by side with peers

Closest by revenue in construction machinery & heavy transportation equipment
Last 12 months unless stated PCAR CMI WAB CAT OSK TEX Median
Revenue, last 12 months $29.1bn $34.7bn $12.2bn $74.7bn $10.8bn $7.5bn $2.1bn
Revenue growth, last 12 months −1.5% 2.9% 13.2% 18.4% 4.2% 40.1% 10.1%
Revenue growth, 3-year average −5.2% 2.5% 8.9% 4.9% 4.6% 13.3% 4.3%
Revenue growth, latest quarter 19.0% 9.4% 8.1% 24.0% 5.7% 58.4% 17.8%
Gross margin 20.1% 25.3% 35.6% 34.3% 15.4% 17.1% 21.4%
Operating margin — 11.2% 17.2% 17.5% 6.8% 5.7% 5.9%
Operating margin, 3-year average — 9.5% 16.3% 18.7% 8.5% 8.2% 8.6%
Net margin 9.5% 7.8% 11.2% 14.5% 4.6% 2.6% 3.2%
Cash from operations / revenue 12.6% 13.4% 17.1% 18.2% 10.5% 7.3% 8.9%
Free-cash-flow margin 10.5% 9.7% 14.6% 14.3% 9.0% 3.3% 7.0%
Free-cash-flow margin, 3-year average 11.4% 6.0% 13.9% 15.2% 5.3% 3.4% 5.9%
Stock pay / revenue 0.1% 0.1% 0.9% 0.3% 0.4% 0.9% 0.6%
Change in share count 0.1% 0.4% −0.8% −2.7% −3.1% 46.6% −0.1%

Median of all 23 companies we cover in construction machinery & heavy transportation equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 construction machinery & heavy transportation equipment companies
Measure Company Peer median Rank
Revenue growth Growth -1.5% 10.1% 17 of 23
Change in growth rate Growth +9.0pp +4.6pp 7 of 23
Gross margin Profitability 20.1% 21.4% 14 of 23
Net margin Profitability 9.5% 3.2% 8 of 23
Free-cash-flow margin Cash generation 10.5% 7.0% 7 of 23
Stock pay as % of revenue Cash generation 0.1% 0.6% 1 of 20
Change in share count Balance sheet 0.1% -0.1% 13 of 21

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Truck Parts and Other $26.2B 92.2% ▼ 16.9%
Financial Services $2.2B 7.8% ▲ 5.2%
Geography
Region Revenue Share YoY
United States $15.4B 54.2% ▼ 17.3%
Europe $6.9B 24.4% ▼ 0.2%
Other Countries $6.1B 21.3% ▼ 24.5%

From Paccar's 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$46.8B
Institutions reporting
1,091
Shares held vs prior quarter
▲ 2.4%
Positions opened / closed
99 / 89

Top buyers and sellers, Q2 2026: 481 institutions bought and 501 sold ; the biggest buyer was Blackrock, Inc (+4.2M shares) and the biggest seller Clearstead Advisors, LLC (−2.4M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $4.9B 41.0M 10.5% ▲ 11.5%
Vanguard Capital Management LLC $4.1B 34.4M 8.8% ▲ 0.6%
Vanguard Portfolio Management LLC $3B 24.6M 6.3% ▲ 0.9%
State Street Corp $2.8B 23.3M 6.0% ▲ 2.7%
Invesco Ltd. $2.1B 17.5M 4.5% ▼ 0.4%
Wellington Management Group LLP $2B 17.1M 4.4% ▼ 7.8%
FMR LLC $1.8B 14.6M 3.8% ▼ 5.1%
Geode Capital Management, LLC $1.6B 13.0M 3.4% ▲ 1.4%
Bank Of America Corp $1.1B 9.4M 2.4% ▼ 19.1%
Massachusetts Financial Services Co $1B 8.5M 2.2% ▼ 17.7%
Morgan Stanley $859M 7.2M 1.8% ▲ 5.1%
Northern Trust Corp $831M 6.9M 1.8% ▲ 0.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Paccar's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $28.7M 16 trades by 8 insiders · 0% under pre-set plans
Net ▼ $28.7M net selling
Insider Date Trade Shares Price Value
Feight R Preston CHIEF EXECUTIVE OFFICER July 31, 2026 Sell 50,975 $133.07 $6.8M
Walters William Lance Vice President July 31, 2026 Sell 1,000 $133.50 $133,500
Poplawski Brice J Sr. Vice President & CFO July 31, 2026 Sell 1,970 $132.50 $261,025
Bolgar Paulo Henrique Vice President July 31, 2026 Sell 2,897 $133.90 $387,908
Poplawski Brice J Sr. Vice President & CFO February 12, 2026 Sell 2,200 $130.41 $286,902
Gryniewicz Craig R Vice President February 11, 2026 Sell 8,748 $129.00 $1.1M
Feight R Preston CHIEF EXECUTIVE OFFICER February 4, 2026 Sell 9,258 $129.70 $1.2M
Feight R Preston CHIEF EXECUTIVE OFFICER February 3, 2026 Sell 9,258 $127.44 $1.2M
Baney Kevin D Executive Vice President February 3, 2026 Sell 9,672 $126.53 $1.2M
Bloch Laura J Senior Vice President February 3, 2026 Sell 8,832 $125.75 $1.1M
Dozier C Michael EXECUTIVE VICE PRESIDENT February 3, 2026 Sell 79,076 $127.92 $10.1M
Bloch Laura J Senior Vice President February 2, 2026 Sell 6,588 $123.57 $814,088

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 25 trades and filings

No trades in Paccar disclosed in the last 12 months; 25 earlier trades on record.

  • Adam Smith(D-WA 9):Sale (full), $1,001 - $15,000, traded August 8, 2025, filed August 8, 2025
  • Robert P. Bresnahan, Jr.(R-PA 8):Purchase, $1,001 - $15,000, traded April 8, 2025, filed May 8, 2025
  • Robert P. Bresnahan, Jr.(R-PA 8):Sale (full), $1,001 - $15,000, traded January 13, 2025, filed February 13, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 26, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 28, 2026
  • April 28, 2026
  • January 27, 2026
  • October 21, 2025
  • July 22, 2025

Recent SEC filings

Data status

When each part of this page on Paccar was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Paccar in brief

What does Paccar do?
Paccar is a US-listed company in the construction machinery & heavy transportation equipment industry. Its financial year ends in December.
What is Paccar's stock ticker?
Paccar trades under the ticker PCAR on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Paccar's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Paccar reported revenue of $29.1B, 1.5% lower than a year earlier, according to its SEC filings.
What is Paccar's free cash flow?
Paccar's free-cash-flow margin is 10.5% of revenue over the trailing twelve months, ranking 7 of the 23 construction machinery & heavy transportation equipment companies we cover.
Who are Paccar's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Paccar buying back stock, and does it pay a dividend?
Paccar spent $6.5M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.1% over the year.
What is Paccar's market cap?
On November 2, 2026, Paccar's market capitalisation was about $54.2B, with a price-to-earnings ratio of 19.6 and net debt of $0. Market figures come from third-party market data and may be delayed.
Does Paccar pay a dividend?
Yes: Paccar paid $1.5B in dividends over the trailing twelve months, a dividend yield of 2.68% and a payout ratio of 52.6%.
Who are Paccar's competitors?
In our Construction Machinery & Heavy Transportation Equipment peer group, the companies closest to Paccar are Cummins, Wabtec, Caterpillar Inc., Oshkosh Corp and Terex Corp. The side-by-side comparison below sets their revenue, margins and growth against Paccar's.
Are insiders buying or selling Paccar stock?
Over the last 12 months, Paccar's directors and officers reported 0 open-market purchases and 16 sales on Form 4. The insider trading page charts every trade.
When is Paccar's next earnings date?
Around January 26, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Paccar announces its own schedule.