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PCAR logoPACCAR Inc (PCAR) Earnings History

Annual and quarterly earnings data from 1989 to 2025

TTM Net Income
$2.48B
Profitable
TTM EPS
$4.69
Diluted
YoY EPS Growth
-42.9%
Declining
Net Margin
8.4%
Profitability
Operating Margin10.4%
Gross Margin16.2%
ROE12.9%
ROA5.4%
Highest Annual Net Income$4.60B (2023)
Highest Quarterly EPS$2.70 (Q4 2023)
Consecutive Profitable Years37 years
Q1 2026
Net Income$605M
EPS$1.15
QoQ Growth+8.7%Solid

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PCAR EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-42.9%
Declining
3-Year
-7.8%
Slow
5-Year
+12.6%
Strong
10-Year
+4.1%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

PCAR Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202516.2%10.4%8.4%
202419.9%14.5%12.4%
202321.7%16.9%13.1%
202218.1%12.8%10.4%
202118.2%9.8%7.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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PACCAR Inc (PCAR) Earnings Overview

As of May 8, 2026, PACCAR Inc (PCAR) reported trailing twelve-month net income of $2.48B, reflecting -42.9% year-over-year growth. The company earned $4.69 per diluted share over the past four quarters, with a net profit margin of 8.4%.

Looking at the long-term picture, PCAR's 5-year EPS compound annual growth rate (CAGR) stands at +12.6%, showing solid earnings momentum. The company achieved its highest annual net income of $4.60B in fiscal 2023.

PACCAR Inc maintains positive profitability with a gross margin of 16.2%, operating margin of 10.4%, and net margin of 8.4%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including CMI ($2.67B net income, 8.4% margin), OSK ($731M net income, 6.2% margin), CAT ($9.42B net income, 13.1% margin), PCAR has room to improve margins relative to the peer group. Compare PCAR vs CMI →

PCAR Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
PCAR logoPCARCurrent
$2.5B$4.698.4%12.9%-42.9%—
CMI logoCMI
$2.7B$19.268.4%23.0%-27.7%
OSK logoOSK
$731M$1.446.2%14.9%-3.5%
CAT logoCAT
$9.4B$20.2213.1%43.5%-14.6%
DE logoDE
$4.1B$15.0411.3%19.3%+0.0%
AGCO logoAGCO
$771M$10.617.2%16.9%+271.4%
Best in group
Lowest in group

PCAR Historical Earnings Data (1989–2025)

37 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$2.38B-42.9%$2.96B$4.518.4%10.4%
2024$4.16B-9.5%$4.89B$7.9012.4%14.5%
2023$4.60B+52.8%$5.95B$8.7613.1%16.9%
2022$3.01B+61.4%$3.68B$5.7510.4%12.8%
2021$1.87B+43.4%$2.31B$3.577.9%9.8%
2020$1.30B-45.5%$0$2.496.9%0.0%
2019$2.39B+8.8%$2.97B$4.589.3%11.6%
2018$2.20B+31.0%$2.69B$4.169.3%11.4%
2017$1.68B+221.1%$2.09B$3.168.6%10.8%
2016$522M-67.5%$1.93B$0.993.1%11.3%

Full PCAR Stock Analysis

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Is PCAR Undervalued?

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Compare PCAR vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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PCAR — Frequently Asked Questions

Quick answers to the most common questions about buying PCAR stock.

Is PCAR growing earnings?

PCAR EPS fell to $4.69, with earnings declining -42.9%. This contrasts with the 5-year CAGR of +12.6%. TTM net income dropped to $2.5B.

What are PCAR's profit margins?

PACCAR Inc net margin is +8.4%, with operating margin at +10.4%. Margins sit within typical range for the sector.

How consistent are PCAR's earnings?

PCAR earnings data spans 1989-2025. The declining earnings trend is -42.9% YoY. Historical data enables comparison across business cycles.

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PCAR Earnings Over Time (2014–2025)

Net income and EPS trends