PACCAR Inc.

PCAR Industrials Farm & Heavy Construction Machinery

PACCAR Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.4 billion, down 15.5% from fiscal 2024.

Revenue
+19.0%
EPS
+43.8%
Free cash flow
−47.9%
Total debt
−5.63%

Quarter to September 2026, against a year earlier

104.41 1.75 −1.65%
Market cap
$55.0B
P/E
19.9×
Fwd P/E
17.3×
Dividend yield
2.64%
F-score
4/9
Altman Z
3.52
Beneish M
−2.54
Dividend safety
34/100

PACCAR Inc. (PCAR) Gross margin

Alert me on Gross margin

PACCAR Inc.'s gross margin over the twelve months to 30 September 2026 was 20.2%, up 0.1 percentage points from fiscal 2025 (20.1%). Over the past ten years it has ranged from 18.8% (fiscal 2021) to 23.4% (fiscal 2023); the current reading is higher than 73% of that period. That is below the Farm & Heavy Construction Machinery industry median of 22.9% and below the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 20.1% (2.49)
FY2024 22.6% (0.88)
FY2023 23.4% 4.26
FY2022 19.2% 0.35
FY2021 18.8% (0.69)
FY2020 19.5% (0.18)
FY2019 19.7% 0.25
FY2018 19.5% (0.22)
FY2017 19.7% (0.88)
FY2016 20.6% 0.55

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 20.5% (0.16)
Jun 2026 20.6% 0.57
Mar 2026 20.1% 0.78
Dec 2025 19.3% (0.59)
43 more quarters

Against its own ten years

Low 18.8% High 23.4%
Ten-year median 19.7%
Current reading's percentile 63

Gross margin against peers

Company Gross margin
DE Deere & Company compare 36.6%
CAT Caterpillar Inc. compare 34.8%
CNH CNH Industrial N.V. compare 30.6%
FSS Federal Signal Corporation compare 29.1%
AGCO AGCO Corporation compare 25.0%
BLBD Blue Bird Corporation compare 20.6%
PCAR PACCAR Inc. 20.2%
TEX Terex Corporation compare 17.1%
OSK Oshkosh Corporation compare 15.4%
Farm & Heavy Construction Machinery industry median 22.9%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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