PCAR PACCAR Inc. - Common Stock

NASDAQ · Machinery · View on SEC EDGAR ↗
$128.49
Price · Aug 19, 2026
Fundamentals as of Jul 29, 2026

About PACCAR Inc. - Common Stock Company overview from Wikipedia

Paccar Inc. is an American company that manufactures heavy-duty trucks. It operates subsidiaries including Kenworth, Peterbilt, and DAF Trucks. Headquartered in Bellevue, Washington, PACCAR also provides financial services and industrial parts. Its stock is listed on the Nasdaq and is part of the S&P 500 index.

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Paccar Inc. (stylized as PACCAR) is an American company that manufactures heavy-duty trucks. It operates subsidiaries including Kenworth, Peterbilt, and DAF Trucks. Headquartered in Bellevue, Washington, PACCAR also provides financial services and industrial parts. Its stock is listed on the Nasdaq and is part of the S&P 500 index.

History

The company was founded by William Pigott Sr. as Seattle Car Manufacturing Company in 1905, with a capitalization of $10,000. Its original business was the production of railway and logging equipment. The company built a new factory in Renton in 1909 after its Duwamish facility was destroyed in fire as well as to fulfill large number of orders.

In 1917 it merged with a Portland firm, Twohy Brothers, which was its only competitor on the west coast at the time and company was renamed as Pacific Car and Foundry Company. The company manufactured horse or oxen-drawn logging trucks built specifically to address the dense, hilly forests in which the Northwest logging industry operated to transport massive logs. The following years the company specialized in designing air brakes, open cars, refrigerated boxcars for shipment of perishable items and the universal trailer which could be pulled by a truck. The company also manufactured structural steel that was finished by hand that was used to create columns and girders that went into many Seattle-area buildings.

In 1924, the founder, William Pigott sold a controlling interest in the company to American Car and Foundry Company. However, his son, Paul Pigott reacquired a significant interest in the company from American Car and Foundry Company in 1934.

During the Great Depression in 1930 despite the stock market crash, the company's earnings rose; but as the Great Depression deepened, Pacific Car and Foundry became one of the most depressed businesses in the Northwest. During the late 1930s, Pacific Car and Foundry received government contracts for steel fabrication for construction of Lake Washington Floating Bridge (today the Lacey V. Murrow Bridge) as well as orders from other companies.

During World War II

During World War II, Pacific Car and Foundry's sales grew due to an increased demand for steel used in airplanes, airports, bridges, naval ships, highways and other equipment that helped build America's infrastructure to support the war effort. Pacific Car also sub-contracted for Boeing, building aluminum wing spars for B-17 bombers. During 1942 and 1943 the company also built M4A1 Sherman tanks for the U.S. Army. The company was able to cast almost all the parts for the tanks at its own foundry. Other notable vehicles that were built included the M25 tank transporter, known as the "Dragon Wagon," and the T28 super-heavy tank. Everett-Pacific Shipbuilding & Dry Dock Company was established in 1942 that built ships and other marine products for the US Navy in Port Gardner Bay in Everett. It was bought by Pacific Car and Foundry in 1944.

Post-war

Kenworth

After World War II ended, Paccar was a part of the federal government's Mobilization Planning Program, which meant that it promised to devote 100 percent of its facilities to military production in the event of a national emergency. The company was a prime contractor during the Korean War for producing tanks. Pacific Car chose to subcontract many of the necessary parts, boosting smaller businesses in the state. In 1945 Paccar purchased the Kenworth Motor Truck Corporation. Named after founding stockholders Harry Kent and Edgar Worthington, Kenworth had been producing trucks in Seattle since it was incorporated in 1923.

During World War II, Kenworth produced trucks, airplane assemblies and sub-assemblies for the United States military. As the war drew to an end Kenworth shifted attention to production of commercial trucks for the postwar market. In 1956 Kenworth lost independent status and became a division directly under Pacific Car and Foundry.

Dart Truck and Peterbilt Motors

In 1954, Paccar acquired the Dart Truck Company and Peterbilt Motors Company. Dart specialized in heavy off‑highway dump trucks, while Peterbilt produced trucks and buses as a competitor to Kenworth. By 1960, Peterbilt became a division of the company.

Structural steel

Pacific Car's structural steel division made the steel used to build the 50-story Seattle-First National Bank headquarters and to build Seattle's Space Needle in 1961. The firm provided 5,668 steel panels, weighing 58,000 tons, which formed a major part of the load bearing walls for New York City's World Trade Center Twin Towers. The World Trade Center, like the Sea-First building, bore the building's load on the exterior walls rather than on an interior structural skeleton. The steel panels were shipped by rail from Seattle to New York City on more than 1,600 railcars. Pacific Car was the largest contractor of the 13 steel fabricators that provided steel for the World Trade Center towers.

The 1970s to 1990s

In 1970 Pacific Car created an overseas manufacturing facility at Bayswater, Melbourne, Australia, producing Kenworth Trucks to serve the growing developing local and Southeast Asian Markets, which still trade strongly today. The first completed locally built truck rolled off the production line in March 1971, and Australian made vehicle exports commenced in 1975. At the beginning of 1972, Pacific Car and Foundry, intending to exit steel manufacturing, introduced its current name, PACCAR.

Despite a serious slowdown due to recessions during 1974, PACCAR continued to generate increasing sales throughout the 1970s. PACCAR purchased Wagner Mining Company in 1975, which built underground Mining Vehicles, International Car Company in 1975 and Foden Trucks a British truck manufacturer in 1980. Fodens sold trucks in Europe and Africa.

Paccar International was formed in 1972 that promoted exports worldwide. Paccar Technical Center was established in 1980 in Mount Vernon, Washington, as a research and testing facility. The facility included test tracks, engine test cells, materials test laboratories and structural laboratories. The tech center conducts an Open House event every April that coincides with the Skagit Valley Tulip Festival.

In 1983 the International Car Co Division in Kenton, Ohio, which had been acquired on December 1, 1975, was disbanded. In 1983 the Paccar Rail Leasing Inc subsidiary in Renton, Washington, and the RAILEASE Inc subsidiary in Bellevue, Washington, were disbanded. In 1986 the Pacific Car and Foundry subsidiary in Renton was renamed to Paccar Defense Systems Division. In 1984, PACCAR posted record sales in its history of $2.25 billion.

In the mid-1980s, PACCAR share of Class 8 trucks dropped to about 18% owing to aggressive competition from Freightliner Trucks, which is a subsidiary of Daimler AG and the merged operations of Volvo White and General Motors. This competition forced PACCAR to close its Kenworth assembly plant in Kansas City in April, 1986 and its Peterbilt plant in Newark, California, the following October. PACCAR acquired Trico Industries in 1986 which was a manufacturer of oil exploration equipment based in Gardena, California, for $65 million in order to reduce its dependence on the Class 8 Truck market.

During the mid-80's PACCAR was negotiating with the Rover Group, for acquiring its British Leyland truck division. However, Rover management decided to sell the truck division to DAF Trucks, which was a Dutch automotive concern. PACCAR's Dart Truck Company and Wagner Mining Equipment Company were sold in 1984 and 1989 in order to remain profitable. In 1987, PACCAR entered the automotive parts and accessories retail market by acquiring Al's Auto Supply and Grand Auto Incorporated.

The 1990s and beyond

Paccar Parts was created in 1992 in Renton, Washington. The building it was housed in occupied part of the company's historic Pacific Car and Foundry site. In the same year, PACCAR purchased a 21 percent stake in Wood Group ESP which added to its oil field equipment manufacturing. In 1993, PACCAR acquired a line of winches from heavy equipment manufacturer Caterpillar. The same year it brought a new plant in Washington on line to help meet the increased demand for trucks. In 1994 the company began selling in New Zealand for the first time and entered new countries in Asia and Central and South America. The company made its Mexican joint venture VILPAC, S.A., a wholly owned subsidiary in 1995. PACCAR's Winch division was one of the world's largest manufacturer of industrial winches by 1994.

Paccar International sells trucks to more than 40 countries, becoming one of North America’s leading exporters of capital goods by 1995. The Kenworth truck plant opened in Renton, Washington, on June 4, 1993. Mark Pigott became president of PACCAR in 1997 after Charles Pigott retired. In 1996, PACCAR invested US$543 million to purchase DAF Trucks N.V., based in the Netherlands, after pursuing the acquisition since 1985. Funding was sourced through the sale of Trico Industries to EVI in 1997. PACCAR’s financial and leasing subsidiaries were also successful in the late 1990s.

In 1998, PACCAR purchased Leyland Trucks, based in the UK, known for producing light- to medium-duty trucks (6–44 metric tons). PACCAR is one of the largest manufacturers of heavy-duty trucks worldwide through its brand names Kenworth, Peterbilt, and DAF. Competitors include Daimler Trucks, Navistar, and Volvo.

2000s

In December 2011, the organization Public Campaign criticized PACCAR for spending $760,000 on lobbying and not paying any taxes during the severe economic recession of 2008–2010, instead getting $112 million in tax rebates, despite making a profit of $465 million. in 2010 PACCAR introduced the MX-13, an 12.9 liter 6-cylinder turbo diesel that is offered in Kenworth and Peterbilt trucks and the MX-11 originally debuted in Europe for DAF Trucks including the CF and XF models and in 2016, for the first North America customer deliveries the MX-13 was available for the Kenworth T680 and Peterbilt models.

Leadership

William Pigott (1905–1937)

Paul Pigott (1937–1961)

Robert O'Brien (1961–1965)

Charles Pigott (1965–1997)

Mark Pigott (1997–2013)

Ron Armstrong (2013–2019)

Preston Feight (2019–present)

Subsidiaries

Peterbilt

Kenworth

DAF Trucks

Leyland Trucks

PacLease

Paccar Parts

Paccar Financial Corp

Paccar Global Sales

Paccar ITD (Information Technology Division)

Dynacraft

Paccar Technical Center

Former subsidiaries

Pacific Car and Foundry: Railroad freight cars and cabooses, and military vehicles manufactured at 1400 N 4th Street, Renton Washington.

International Car Co Division: Railroad cabooses and freight cars manufactured at 31 Bales Road, Kenton Ohio.

PACCAR Winch

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

PCAR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$128.49
Market Cap
P/E (TTM)
24.3
EPS (TTM)
$4.51
Revenue (TTM)
$28.44B
Div Yield
ROE
12.9%
Debt/Equity
52W Range
$92 – $139

PCAR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $28.44B
10-point trend, +67.0%
2016-12-31 2025-12-31
EPS $4.51
10-point trend, +204.7%
2016-12-31 2025-12-31
Free Cash Flow $3.67B
10-point trend, +90.7%
2016-12-31 2025-12-31
Margins 8.3%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
PCAR
Peer Median
P/E (TTM)
5-point trend, +47.3%
24.3
27.6

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
PCAR
Peer Median
Net Profit Margin
5-point trend, +6.1%
8.3%
11.0%
ROA
5-point trend, -15.6%
5.4%
6.8%
ROE
5-point trend, -20.0%
12.9%
21.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
PCAR
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
PCAR
Peer Median
Revenue YoY
5-point trend, +20.9%
-15.5%
Revenue CAGR 3Y
5-point trend, +20.9%
-0.44%
Revenue CAGR 5Y
5-point trend, +20.9%
8.7%
EPS YoY
5-point trend, +26.3%
-42.9%
Net Income YoY
5-point trend, +27.4%
-42.9%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
PCAR
Peer Median
EPS (Diluted)
5-point trend, +26.3%
$4.51

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
PCAR
Peer Median
Payout Ratio
5-point trend, +149.6%
95.4%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
95.4%
5Y Div CAGR
Ex-dateAmount
Aug. 12, 2026$0.3500
May 13, 2026$0.3500
Feb. 11, 2026$0.3300
Dec. 19, 2025$1.4000
Nov. 12, 2025$0.3300
Aug. 14, 2025$0.3300
May 14, 2025$0.3300
Feb. 12, 2025$0.3300
Dec. 20, 2024$3.0000
Nov. 13, 2024$0.3000
Aug. 15, 2024$0.3000
May 14, 2024$0.3000
Feb. 14, 2024$0.2700
Dec. 14, 2023$3.2000
Nov. 14, 2023$0.2700
Aug. 16, 2023$0.2700
May 16, 2023$0.2500
Feb. 13, 2023$0.2500
Dec. 15, 2022$1.8667
Nov. 14, 2022$0.2467

PCAR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 26 analysts
  • Strong Buy 5 19.2%
  • Buy 6 23.1%
  • Hold 14 53.8%
  • Sell 1 3.8%
  • Strong Sell 0 0.0%

12-Month Price Target

16 analysts · 2026-08-18
Median target $139.50 +8.6%
Mean target $141.03 +9.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.11%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.43 $1.38 0.05%
March 31, 2026 $1.15 $1.17 -0.02%
Dec. 31, 2025 $1.06 $1.08 -0.02%
Sept. 30, 2025 $1.12 $1.19 -0.07%
June 30, 2025 $1.37 $1.32 0.05%
March 31, 2025 $0.96 $1.61 -0.65%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PCAR 24.3 -15.5% 8.3% 12.9%
CAT $266.56B 30.5 4.3% 13.1% 44.4%
CMI 24.9 -1.3% 8.8% 26.2% 25.3%
WAB $36.41B 31.3 7.5% 10.5% 11.0% 34.1%
ALSN 13.4 -6.7% 20.7% 34.4% 48.6%
OSK $7.86B -2.9% 6.2% 14.9% 17.4%
FSS $6.61B 27.1 17.1% 11.3% 18.6% 28.9%
TEX $3.46B 16.0 5.7% 4.1% 10.9% 19.4%
ATMU 20.8 5.7% 11.8% 59.7% 28.2%
TRN 8.7 -29.9% 11.7% 23.7%
BLBD $1.85B 14.9 9.9% 8.6% 61.6% 20.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 13
Annual Income Statement data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +49.7% $28.44B $33.66B $35.13B $28.82B $23.52B $18.73B $25.60B $23.50B $19.46B $17.03B $19.12B $19.00B
Cost of Revenue 4-point trend, -2.4% $22.74B $26.07B $26.89B $23.29B · · · · · · · ·
R&D Expense 4-point trend, +30.6% $446M $453M $411M $341M · · · · · · · ·
SG&A Expense 4-point trend, +1.3% $736M $744M $753M $726M · · · · · · · ·
Other Non-op 3-point trend, +45.4% $-284M $114M $-520M · · · · · · · · ·
Pretax Income 12-point trend, +49.9% $3.02B $5.40B $5.72B $3.85B $2.40B $1.66B $3.10B $2.81B $2.17B $1.13B $2.34B $2.02B
Income Tax 12-point trend, -1.7% $648M $1.24B $1.12B $837M $531M $360M $711M $615M $498M $609M $733M $659M
Net Income 12-point trend, +74.8% $2.38B $4.16B $4.60B $3.01B $1.87B $1.30B $2.39B $2.20B $1.68B $522M $1.60B $1.36B
EPS (Basic) 12-point trend, +18.0% $4.52 $7.92 $8.78 $5.76 $3.58 $2.50 $6.88 $6.25 $4.76 $1.49 $4.52 $3.83
EPS (Diluted) 12-point trend, +18.1% $4.51 $7.90 $8.76 $5.75 $3.57 $2.50 $6.87 $6.24 $4.75 $1.48 $4.51 $3.82
Shares (Basic) 12-point trend, +48.1% 525,900,000 525,300,000 523,900,000 522,600,000 521,700,000 520,200,000 346,900,000 351,000,000 351,900,000 351 354,600,000 355,000,000
Shares (Diluted) 12-point trend, +47.9% 526,800,000 526,600,000 525,000,000 523,400,000 522,700,000 521,200,000 347,500,000 351,800,000 352,900,000 351 355,600,000 356,100,000
EBITDA 11-point trend, +36.3% $398M $398M $415M $332M $270M $250M $322M $338M $321M $302M $292M ·
Balance Sheet 14
Annual Balance Sheet data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 5-point trend, +97.7% · · · · · · · $3.44B $2.36B $1.92B $2.02B $1.74B
Inventory · · · · $1.98B · · · · · · ·
PP&E (Net) 12-point trend, +94.8% $4.51B $3.99B $3.78B $3.47B $3.40B $3.27B $2.88B $2.48B $2.46B $2.26B $2.18B $2.31B
Goodwill 12-point trend, -11.2% $114M $101M $107M $104M $111M $119M $109M $112M $117M $103M $106M $129M
Total Assets 12-point trend, +115.0% $44.34B $43.42B $40.82B $33.28B $29.51B $28.45B $28.36B $25.48B $23.44B $20.64B $21.11B $20.62B
Deferred Tax 6-point trend, -14.3% · · · · · · $590M $532M $515M $672M $647M $689M
Other Non-current Liabilities · · · · $1.49B · · · · · · ·
Common Stock 12-point trend, +47.9% $525M $524M $523M $522M $347M $347M $346M $347M $352M $351M $351M $355M
Paid-in Capital 12-point trend, +142.0% $379M $345M $269M $196M $142M $88M $61M $69M $123M $70M $69M $157M
Retained Earnings 12-point trend, +172.4% $18.70B $17.75B $15.78B $13.40B $12.03B $11.01B $10.40B $9.28B $8.37B $7.48B $7.54B $6.86B
Treasury Stock 3-point trend, -100.0% · · · · · · · · $0 · $0 $43M
AOCI 12-point trend, +41.9% $-337M $-1.11B $-694M $-953M $-921M $-1.05B $-1.10B $-1.10B $-794M $-1.13B $-1.02B $-580M
Stockholders' Equity 12-point trend, +185.3% $19.26B $17.51B $15.88B $13.17B $11.59B $10.53B $9.71B $8.59B $8.05B $6.78B $6.94B $6.75B
Liabilities + Equity 12-point trend, +115.0% $44.34B $43.42B $40.82B $33.28B $29.51B $28.26B $28.36B $25.48B $23.44B $20.64B $21.11B $20.62B
Cash Flow 15
Annual Cash Flow data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +39.6% $398M $398M $415M $332M $270M $250M $322M $338M $321M $302M $292M $285M
Deferred Tax 12-point trend, +439.9% $333M $-79M $-304M $-208M $-209M $400.0K $71M $18M $-174M $31M $-55M $-98M
Other Non-cash 11-point trend, +83.0% $1.31B $160M $-522M $-109M $278M $1.44B $79M $442M $893M $1.45B $715M ·
Operating Cash Flow 12-point trend, +107.9% $4.42B $4.64B $4.19B $3.03B $2.19B $2.99B $2.86B $2.99B $2.72B $2.30B $2.56B $2.12B
CapEx 12-point trend, +149.2% $743M $839M $695M $525M $559M $550M $574M $458M $423M $375M $287M $298M
Investing Cash Flow 10-point trend, -44.9% $-2.27B $-4.49B $-2.87B $-2.03B $-1.36B $-1.88B $-2.21B $-1.93B $-1.96B $-1.56B · ·
Debt Issued 12-point trend, +90.6% $3.15B $3.89B $3.08B $3.17B $2.10B $2.15B $2.50B $2.34B $1.67B $1.99B $1.99B $1.65B
Net Debt Issued 12-point trend, +233.6% $310M $1.42B $852M $906M $-236M $252M $714M $585M $-227M $370M $413M $-232M
Stock Repurchased 11-point trend, -15.5% $36M $4M $4M $2M $2M $42M $110M $354M · $70M $202M $43M
Net Stock Activity 11-point trend, +15.5% $-36M $-4M $-4M $-2M $-2M $-42M $-110M $-354M · $-70M $-202M $-43M
Dividends Paid 12-point trend, +263.4% $2.27B $2.29B $1.52B $1.00B $708M $1.24B $1.14B $804M $558M $829M $680M $624M
Financing Cash Flow 10-point trend, -274.3% $-3.08B $-123M $1.10B $305M $-883M $-1.81B $83M $71M $-394M $-824M · ·
Net Change in Cash 12-point trend, -5923.2% $-753M $-121M $2.49B $1.26B $-111M $-636M $739M $1.07B $449M $-101M $279M $-12M
Taxes Paid 3-point trend, -56.9% $646M $1.32B $1.50B · · · · · · · · ·
Free Cash Flow 12-point trend, +101.2% $3.67B $3.80B $3.50B $2.50B $1.63B $2.44B $2.29B $2.53B $2.29B $1.93B $2.27B $1.83B
Profitability 5
Annual Profitability data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Net Margin 12-point trend, +16.8% 8.3% 12.4% 13.1% 10.4% 7.9% 6.9% 9.3% 9.3% 8.6% 3.1% 8.4% 7.1%
Pretax Margin 12-point trend, +0.1% 10.6% 16.0% 16.3% 13.4% 10.1% 8.8% 12.1% 12.0% 11.2% 6.6% 12.2% 10.6%
EBITDA Margin 11-point trend, -8.5% 1.4% 1.2% 1.2% 1.1% 1.1% 1.3% 1.3% 1.4% 1.7% 1.8% 1.5% ·
ROA 12-point trend, -17.7% 5.4% 9.9% 12.4% 9.6% 6.4% 4.6% 8.9% 9.0% 7.6% 2.5% 7.7% 6.6%
ROE 12-point trend, -36.4% 12.9% 23.0% 28.8% 23.1% 16.2% 12.6% 24.3% 24.7% 22.6% 7.6% 23.4% 20.3%
Efficiency 1
Annual Efficiency data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -29.5% 0.6 0.8 0.9 0.9 0.8 0.7 1.0 1.0 0.9 0.8 0.9 0.9
Per Share 4
Annual Per Share data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share 12-point trend, +1.2% $54.00 $63.93 $66.91 $55.06 $67.52 $53.91 $73.67 $66787094.94 $55.13 $48.42 $53.75 $53.35
Cash Flow / Share 12-point trend, +40.6% $8.38 $8.81 $7.98 $5.78 $6.28 $8.60 $8.23 $8505685.05 $7.70 $6.54 $7.19 $5.96
Dividend / Share 4-point trend, -2.9% $3 $4 $4 $3 · · · · · · · ·
EPS (TTM) 12-point trend, +18.1% $4.51 $7.90 $8.76 $5.75 $3.57 $2.50 $6.87 $6.24 $4.75 $1.48 $4.51 $3.82
Growth Rates 10
Annual Growth Rates data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -160.5% -15.5% -4.2% 21.9% 22.5% 25.6% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -101.9% -0.44% 12.7% 23.3% · · · · · · · · ·
Revenue CAGR 5Y 8.7% · · · · · · · · · · ·
EPS YoY 5-point trend, -200.3% -42.9% -9.8% 52.3% 61.1% 42.8% · · · · · · ·
EPS CAGR 3Y 3-point trend, -115.0% -7.8% 30.3% 51.9% · · · · · · · · ·
EPS CAGR 5Y 12.5% · · · · · · · · · · ·
Net Income YoY 5-point trend, -199.0% -42.9% -9.5% 52.8% 61.4% 43.4% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -114.5% -7.6% 30.7% 52.3% · · · · · · · · ·
Net Income CAGR 5Y 12.8% · · · · · · · · · · ·
Dividend CAGR 5Y 12.8% · · · · · · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for PCAR
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +49.7% $28.44B $33.66B $35.13B $28.82B $23.52B $18.73B $25.60B $23.50B $19.46B $17.03B $19.12B $19.00B
Net Income TTM 12-point trend, +74.8% $2.38B $4.16B $4.60B $3.01B $1.87B $1.30B $2.39B $2.20B $1.68B $522M $1.60B $1.36B
P/E 12-point trend, +104.6% 24.3 13.2 11.1 11.5 16.5 23.0 7.7 6.1 10.0 28.8 7.0 11.9
Earnings Yield 12-point trend, -51.1% 4.1% 7.6% 9.0% 8.7% 6.1% 4.3% 13.0% 16.4% 10.0% 3.5% 14.3% 8.4%
Payout Ratio 12-point trend, +107.8% 95.4% 55.0% 33.0% 33.4% 38.2% 95.5% 47.7% 36.6% 33.3% 159.0% 42.4% 45.9%
Annual Payout 12-point trend, +263.4% $2.27B $2.29B $1.52B $1.00B $708M $1.24B $1.14B $804M $558M $829M $680M $624M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $28.44B$33.66B$35.13B$28.82B$23.52B
Net Income $2.38B$4.16B$4.60B$3.01B$1.87B
Diluted EPS $4.51$7.90$8.76$5.75$3.57
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $3.67B$3.80B$3.50B$2.50B$1.63B

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Institutional owners (13F) 1,186 filers · $30.5B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
118 (-44 vs prior Q) 85 (-12 vs prior Q) 371 (-4 vs prior Q) 397 (+32 vs prior Q) +59.3M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD CAPITAL MANAGEMENT LLC $4,128,545,782 34,370,178 13.55% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,955,878,846 24,607,716 9.70% Shares
STATE STREET CORP $2,796,479,125 23,280,712 9.18% Shares
WELLINGTON MANAGEMENT GROUP LLP $1,824,424,722 15,188,351 5.99% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,365,015,553 11,288,855 4.48% Shares
FMR LLC $1,292,886,018 10,763,286 4.24% Shares
BANK OF AMERICA CORP /DE/ $1,031,314,164 8,585,699 3.39% Shares
NORGES BANK $753,854,982 6,275,849 2.47% Shares
Fisher Asset Management, LLC $614,621,549 5,116,729 2.02% Shares
DIMENSIONAL FUND ADVISORS LP $551,770,277 4,593,493 1.81% Shares
ALLIANCEBERNSTEIN L.P. $479,123,106 4,148,252 1.57% Shares
US BANCORP \DE\ $431,707,677 3,593,970 1.42% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $416,211,356 3,464,963 1.37% Shares
VANGUARD FIDUCIARY TRUST CO $354,816,102 2,953,847 1.16% Shares
GOLDMAN SACHS GROUP INC $328,457,329 2,734,410 1.08% Shares
FIRST TRUST ADVISORS LP $327,348,097 2,725,177 1.07% Shares
Clearstead Advisors, LLC $293,422,058 2,442,741 0.96% Shares
PRINCIPAL FINANCIAL GROUP INC $290,890,521 2,421,666 0.95% Shares
FIL Ltd $270,687,297 2,253,474 0.89% Shares
Madison Investment Advisors, LLC $254,650,943 2,448,096 0.84% Shares
AMERIPRISE FINANCIAL INC $248,725,914 2,070,613 0.82% Shares
Clarius Group, LLC $226,811,613 2,329,379 0.74% Shares
AMERICAN CENTURY COMPANIES INC $222,813,274 1,854,920 0.73% Shares
California Public Employees Retirement System $196,693,617 1,637,476 0.65% Shares
Swiss National Bank $178,297,119 1,484,325 0.59% Shares
Madison Asset Management, LLC $177,611,548 1,478,618 0.58% Shares
National Pension Service $168,242,955 1,400,624 0.55% Shares
Corient Private Wealth LP $167,572,850 1,395,045 0.55% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $159,212,093 1,325,442 0.52% Shares
TD Asset Management Inc $153,164,652 1,275,097 0.50% Shares
BlackRock, Inc. $152,451,379 1,269,159 0.50% Shares
Sumitomo Mitsui Trust Group, Inc. $146,162,617 1,216,805 0.48% Shares
VANGUARD ASSET MANAGEMENT, Ltd $140,665,925 1,171,045 0.46% Shares
Vanguard Global Advisers, LLC $139,682,383 1,162,857 0.46% Shares
MACKENZIE FINANCIAL CORP $136,821,124 1,139,037 0.45% Shares
Legal & General Group Plc $126,418,854 1,052,438 0.41% Shares
BNP PARIBAS FINANCIAL MARKETS $122,633,751 1,020,927 0.40% Shares
GATES FOUNDATION TRUST $120,120,000 1,000,000 0.39% Shares
JONES FINANCIAL COMPANIES LLLP $117,377,381 972,633 0.39% Shares
BARCLAYS PLC $116,153,759 966,981 0.38% Shares
RHUMBLINE ADVISERS $115,229,312 959,286 0.38% Shares
Bridgewater Associates, LP $113,646,373 946,107 0.37% Shares
Epoch Investment Partners, Inc. $112,861,269 939,571 0.37% Shares
Capital World Investors $111,315,204 926,700 0.37% Shares
ROYAL LONDON ASSET MANAGEMENT LTD $107,230,161 892,692 0.35% Shares
Baird Financial Group, Inc. $107,066,079 891,326 0.35% Shares
Focus Partners Wealth $106,777,170 888,924 0.35% Shares
VANGUARD GROUP INC $105,217,975 960,807 0.35% Shares
ENVESTNET ASSET MANAGEMENT INC $103,541,502 861,984 0.34% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $96,135,039 832,338 0.32% Shares
CANADA PENSION PLAN INVESTMENT BOARD $91,023,212 757,769 0.30% Shares
Washington Trust Bank $90,137,207 750,393 0.30% Shares
VIRGINIA RETIREMENT SYSTEMS ET Al $89,113,763 813,750 0.29% Shares
Assenagon Asset Management S.A. $88,017,329 732,745 0.29% Shares
Caisse de depot et placement du Quebec $86,036,430 716,254 0.28% Shares
NEW YORK STATE COMMON RETIREMENT FUND $83,140,938 692,149 0.27% Shares
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH $80,275,223 844,469 0.26% Shares
STOREBRAND ASSET MANAGEMENT AS $73,276,804 610,030 0.24% Shares
CITADEL ADVISORS LLC $70,086,537 583,471 0.23% Shares
ProShare Advisors LLC $68,422,635 569,619 0.22% Shares
WELLS FARGO & COMPANY/MN $65,096,271 541,927 0.21% Shares
Life Cycle Investment Partners Ltd $64,702,998 538,653 0.21% Shares
Aberdeen Group plc $63,428,045 528,039 0.21% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $57,292,315 476,959 0.19% Shares
JANE STREET GROUP, LLC $54,690,636 455,300 0.18% Put option
VICTORY CAPITAL MANAGEMENT INC $54,516,221 453,848 0.18% Shares
AVIVA PLC $54,163,069 450,908 0.18% Shares
Korea Investment CORP $53,741,448 447,398 0.18% Shares
Squarepoint Ops LLC $50,729,679 422,325 0.17% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $50,520,053 423,383 0.17% Shares
Munich Reinsurance Co Stock Corp in Munich $50,441,271 419,924 0.17% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $50,342,052 419,098 0.17% Shares
NEOS Investment Management LLC $47,978,692 399,423 0.16% Shares
MCDANIEL TERRY & CO $46,184,831 384,489 0.15% Shares
APG Asset Management N.V. $45,301,725 431,181 0.15% Shares
RAYMOND JAMES FINANCIAL INC $45,045,553 375,005 0.15% Shares
ROYAL BANK OF CANADA $45,027,000 374,850 0.15% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $44,732,568 372,399 0.15% Shares
PineBridge Investments, L.P. $44,368,571 451,267 0.15% Shares
FIDUCIENT ADVISORS LLC $43,955,391 365,929 0.14% Shares
Optimist Retirement Group LLC $43,099,494 358,804 0.14% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $42,345,659 339,935 0.14% Shares
GABELLI FUNDS LLC $41,561,520 346,000 0.14% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $40,256,296 335,134 0.13% Shares
Brandywine Global Investment Management, LLC $39,966,879 364,961 0.13% Shares
Eurizon Capital SGR S.p.A. $39,525,873 329,060 0.13% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $39,483,444 328,700 0.13% Put option
MANUFACTURERS LIFE INSURANCE COMPANY, THE $39,062,303 325,194 0.13% Shares
Walleye Capital LLC $36,636,600 305,000 0.12% Shares
Capital Research Global Investors $36,402,366 303,050 0.12% Shares
LPL Financial LLC $36,226,070 301,583 0.12% Shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC $35,624,829 296,577 0.12% Shares
UBS Group AG $35,571,496 296,133 0.12% Shares
KLP KAPITALFORVALTNING AS $35,163,448 292,736 0.12% Shares
DNB Asset Management AS $34,909,274 290,620 0.11% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $34,754,297 300,903 0.11% Shares
First Washington CORP $34,671,317 288,639 0.11% Shares
STATE OF WISCONSIN INVESTMENT BOARD $33,677,444 280,365 0.11% Shares
Quantinno Capital Management LP $33,015,579 274,854 0.11% Shares
BANK OF MONTREAL /CAN/ $32,265,313 268,609 0.11% Shares

Company insiders 69 insiders · 28 officers · 23 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Preston R Feight CHIEF EXECUTIVE OFFICER July 31, 2026 M 268,625 0 5 $-11,441,685
Ronald E Armstrong Chief Executive Officer June 28, 2019 M 251,423 0 0 $0
Brice J Poplawski Sr. Vice President & CFO July 31, 2026 M 1,391 0 4 $-1,161,479
Robert J. Christensen President & CFO Jan. 6, 2017 J 23,159 0 0 $0
William Lance Walters Vice President July 31, 2026 M 0 0 1 $-133,500
Paulo Henrique Bolgar Vice President July 31, 2026 S 3,831 0 2 $-1,879,473
Craig R Gryniewicz Vice President June 3, 2026 J 7,570 0 1 $-1,128,492
Laura J Bloch Senior Vice President June 3, 2026 J 2,492 0 2 $-1,924,703
John N Rich V.P. & CHIEF TECH. OFFICER June 3, 2026 J 1,323 0 0 $0
Michael K Walton VICE PRESIDENT/GENERAL COUNSEL June 3, 2026 J 6,850 0 0 $0
Kevin D Baney Executive Vice President June 3, 2026 J 6,056 0 1 $-1,223,798
Mark C Pigott Executive Chairman June 3, 2026 J 175,754 0 0 $0
Alma Lily Ley Vice President July 30, 2020 S 499 0 0 $0
Jason P Skoog VICE PRESIDENT July 24, 2020 M 2,708 0 0 $0
David J Danforth VICE PRESIDENT July 24, 2020 S 2,028 0 0 $0
Douglas S Grandstaff VICE PRESIDENT/GENERAL COUNSEL June 2, 2020 J 636 0 0 $0
Marco A. Davila Vice President June 2, 2020 J 1,352 0 0 $0
Gary Lee Moore Executive Vice President March 3, 2020 J 54,535 0 0 $0
Henricus M. B. Wolters VICE PRESIDENT March 1, 2020 M 686 0 0 $0
Robert A. Bengston Senior Vice President Feb. 1, 2019 F 21,486 0 0 $0
David C Anderson Vice President/General Counsel Dec. 5, 2017 J 203 0 0 $0
James D Clack VICE PRESIDENT/GENERAL COUNSEL March 7, 2017 J 727 0 0 $0
Daniel D Sobic EXECUTIVE VICE PRESIDENT Dec. 4, 2015 J 26,226 0 0 $0
Samuel M. Means III Vice President June 5, 2015 J 1,074 0 0 $0
Aad L. Goudriaan Vice President Feb. 2, 2010 A 19,147 0 0 $0
Janice B Skredsvig VICE PRESIDENT & CIO Sept. 1, 2008 J 0 0 0 $0
Gordon Glen Morie VP & GENERAL COUNSEL Jan. 10, 2005 A 30,024 0 0 $0
Patrick F Flynn VICE PRESIDENT July 28, 2004 M 0 0 0 $0
Luiz Antonio Dos Santos Pretti Director July 1, 2026 J 0 0 $0
Sreeganesh Ramaswamy Director July 1, 2026 J 0 0 $0
Pierre R Breber Director July 1, 2026 J 13,015 0 0 $0
John Pigott Director July 1, 2026 J 1,079,416 0 0 $0
Dietmar A. Scheiter Director June 3, 2026 J 0 0 $0
Barbara B. Hulit Director June 3, 2026 J 0 0 $0
Alison J Carnwath Director June 3, 2026 J 0 0 0 $0
Kirk S Hachigian Director June 3, 2026 J 0 0 $0
Mark A Schulz Director June 3, 2026 J 16,718 0 0 $0
Luiz Kaufmann Director April 2, 2018 J 0 0 $0
John M Fluke JR Director March 5, 2015 J 25,315 0 0 $0
Warren R Staley Director Jan. 2, 2013 A 12,399 0 0 $0
Thomas E Plimpton Director Aug. 1, 2012 J 87,188 0 0 $0
Robert T Parry Director April 24, 2012 M 11,317 0 0 $0
Stephen F Page Director April 24, 2012 M 33,819 0 0 $0
William Reed JR Director Jan. 3, 2011 A 683,963 0 0 $0
Harold A Wagner Director March 31, 2008 A 24,638 0 0 $0
David K Newbigging Director Jan. 3, 2006 A 4,771 0 0 $0
Gerald Grinstein Director April 25, 2005 A 12,491 0 0 $0
STONECIPHER HARRY C Director March 15, 2005 D 11,596 0 0 $0
PACCAR INC 10% owner April 22, 2004 S 705,500 0 0 $0
Cynthia A Niekamp May 8, 2026 M 7,020 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 198 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
MADE · iShares Trust 3.09% 14,994 SH Aug. 8, 2026 Daily
STNC · Hennessy Funds Trust 2.84% 21,937 NS April 30, 2026 N-PORT
EQTY · Valued Advisers Trust 2.37% 262,158 NS April 30, 2026 N-PORT
UPGD · Invesco Exchange-Traded Fund Trust 2.22% 20,318 SH Aug. 8, 2026 Daily
YOKE · EA Series Trust 2.11% 40,024 NS April 30, 2026 N-PORT
RDVI · First Trust Exchange-Traded Fund IV 1.55% 400,972 NS April 30, 2026 N-PORT
FLV · AMERICAN CENTURY ETF TRUST 1.55% 49,390 NS May 31, 2026 N-PORT
RILA · Spinnaker ETF Series 1.41% 4,978 NS April 30, 2026 N-PORT
MFSV · MFS Active Exchange Traded Funds Tr… 1.39% 59,634 NS May 31, 2026 N-PORT
RSPN · Invesco Exchange-Traded Fund Trust 1.31% 105,964 SH Aug. 8, 2026 Daily
QNXT · iShares Trust 1.29% 2,752 SH Aug. 8, 2026 Daily
VOE · VANGUARD INDEX FUNDS 1.09% 3,380,703 SH Aug. 8, 2026 Daily
VLUE · iShares Trust 1.02% 728,834 SH Aug. 8, 2026 Daily
COWZ · Pacer Funds Trust 0.99% 1,517,643 NS April 30, 2026 N-PORT
QQWZ · Pacer Funds Trust 0.99% 3,892 NS April 30, 2026 N-PORT
QQQE · Direxion Shares ETF Trust 0.96% 98,407 NS April 30, 2026 N-PORT
HGRO · ETF Opportunities Trust 0.93% 7,616 NS April 30, 2026 N-PORT
FLRG · FIDELITY COVINGTON TRUST 0.91% 21,704 NS April 30, 2026 N-PORT
IMCV · iShares Trust 0.91% 78,916 SH Aug. 8, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 0.89% 155,771 NS April 30, 2026 N-PORT
VIS · VANGUARD WORLD FUND 0.85% 639,078 SH Aug. 8, 2026 Daily
DUSL · Direxion Shares ETF Trust 0.81% 3,689 NS April 30, 2026 N-PORT
IYJ · iShares Trust 0.79% 117,498 SH Aug. 8, 2026 Daily
FFLC · FIDELITY COVINGTON TRUST 0.77% 73,681 NS April 30, 2026 N-PORT
QIDX · Spinnaker ETF Series 0.77% 2,468 NS April 30, 2026 N-PORT
SPVM · Invesco Exchange-Traded Fund Trust 0.72% 7,047 SH Aug. 8, 2026 Daily
REVS · Columbia ETF Trust I 0.71% 16,941 NS April 30, 2026 N-PORT
UXI · ProShares Trust 0.67% 1,732 NS May 31, 2026 N-PORT
EXI · iShares Trust 0.67% 74,040 SH Aug. 8, 2026 Daily
VO · VANGUARD INDEX FUNDS 0.61% 11,405,464 SH Aug. 8, 2026 Daily
DFLV · Dimensional ETF Trust 0.60% 298,285 NS April 30, 2026 N-PORT
IIGD · Invesco Exchange-Traded Self-Indexe… 0.60% 160,000 Aug. 8, 2026 Daily
LRGC · AB Active ETFs, Inc. 0.59% 66,555 NS May 31, 2026 N-PORT
FDRR · FIDELITY COVINGTON TRUST 0.58% 33,413 NS April 30, 2026 N-PORT
FVAL · FIDELITY COVINGTON TRUST 0.45% 45,560 NS April 30, 2026 N-PORT
IMCB · iShares Trust 0.44% 56,764 SH Aug. 8, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 0.44% 25,800 NS April 30, 2026 N-PORT
CGMM · Capital Group Equity ETF Trust I 0.44% 110,336 NS May 31, 2026 N-PORT
QUVU · Hartford Funds Exchange-Traded Trust 0.43% 6,270 NS April 30, 2026 N-PORT
XOEF · iShares Trust 0.38% 664 SH Aug. 8, 2026 Daily
RECS · Columbia ETF Trust I 0.37% 167,677 NS April 30, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.35% 21,628 NS April 30, 2026 N-PORT
FBCV · FIDELITY COVINGTON TRUST 0.33% 4,439 NS April 30, 2026 N-PORT
VFVA · VANGUARD WELLINGTON FUND 0.32% 22,576 SH Aug. 8, 2026 Daily
QCLR · Global X Funds 0.32% 107 NS April 30, 2026 N-PORT
QYLG · Global X Funds 0.32% 3,797 NS April 30, 2026 N-PORT
QRMI · Global X Funds 0.31% 428 NS April 30, 2026 N-PORT
QYLD · Global X Funds 0.31% 217,650 NS April 30, 2026 N-PORT
QTR · Global X Funds 0.31% 75 NS April 30, 2026 N-PORT
SZNE · Pacer Funds Trust 0.31% 346 NS April 30, 2026 N-PORT