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. In the quarter to June 2026, revenue was flat, EPS grew 3.62%, free cash flow fell 16.2% and total debt fell 7.79%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100.

110.82 0.01 +0.01%
Market cap
$58.3B
P/E
23.3×
Fwd P/E
20.5×
Dividend yield
2.49%
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 June 2026 was 13.3%, down 0.3 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 5.13%.

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)
Jun 2026 14.6% 1.26
Mar 2026 13.3% 1.08
Dec 2025 12.2% (0.87)
Sep 2025 13.1% (1.13)
42 more quarters

Against its own ten years

Low 7.29% High 18.4%
Ten-year median 12.6%
Current reading's percentile 69

Operating margin against peers

Company Operating margin
DE Deere & Company compare 19.5%
CAT Caterpillar Inc. compare 19.4%
FSS Federal Signal Corporation compare 16.2%
CNH CNH Industrial N.V. compare 13.5%
PCAR PACCAR Inc. 13.3%
ALG Alamo Group, Inc. compare 8.91%
OSK Oshkosh Corporation compare 7.52%
AGCO AGCO Corporation compare 5.83%
TEX Terex Corporation compare 5.72%
Farm & Heavy Construction Machinery industry median 4.47%
Industrials sector median 5.13%
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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