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

104.38 0.12 −0.11%
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) Operating margin

Alert me on Operating margin

PACCAR Inc.'s operating margin over the twelve months to 30 September 2026 was 13.8%, up 0.2 percentage points from fiscal 2025 (13.6%). Over the past ten years it has ranged from 7.29% (fiscal 2016) to 18.4% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Farm & Heavy Construction Machinery industry median of 4.47% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 13.6% (3.27)
FY2024 16.9% (1.57)
FY2023 18.4% 4.91
FY2022 13.5% 3.07
FY2021 10.5% 0.89
FY2020 9.57% (3.01)
FY2019 12.6% 0.27
FY2018 12.3% 0.68
FY2017 11.6% 4.34
FY2016 7.29% (5.57)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 14.9% 0.32
Jun 2026 14.6% 1.26
Mar 2026 13.3% 1.08
Dec 2025 12.2% (0.87)
43 more quarters

Against its own ten years

Low 7.29% High 18.4%
Ten-year median 12.6%
Current reading's percentile 74

Operating margin against peers

Company Operating margin
CAT Caterpillar Inc. compare 20.2%
DE Deere & Company compare 19.5%
FSS Federal Signal Corporation compare 16.2%
PCAR PACCAR Inc. 13.8%
CNH CNH Industrial N.V. compare 13.5%
BLBD Blue Bird Corporation compare 11.8%
OSK Oshkosh Corporation compare 6.82%
TEX Terex Corporation compare 5.68%
AGCO AGCO Corporation compare 5.61%
Farm & Heavy Construction Machinery industry median 4.47%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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