financial statements

The full income statement, balance sheet, and cash-flow statement for PACCAR Inc. (PCAR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	28.4B YoY-15.5%	33.7B YoY-4.2%	35.1B YoY+21.9%	28.8B YoY+22.5%	23.5B YoY+25.6%
Cost of revenue	22.7B YoY-12.8%	26.1B YoY-3.1%	26.9B YoY+15.5%	23.3B	—
Research & development	446M YoY-1.6%	453M YoY+10.2%	411M YoY+20.4%	341M	—
Selling, general & administrative	736M YoY-1.1%	744M YoY-1.2%	753M YoY+3.7%	726M	—
Provision for credit losses	125M YoY+64.7%	75.6M YoY+141.5%	31.3M YoY+469.1%	5.50M YoY+1000.0%	500K YoY-98.3%
Other non-operating income	-284M YoY-349.8%	114M YoY+121.9%	-520M	—	—
Pre-tax income	3.02B YoY-44.0%	5.40B YoY-5.5%	5.72B YoY+48.6%	3.85B YoY+60.6%	2.40B YoY+44.2%
Income tax	648M YoY-47.7%	1.24B YoY+10.9%	1.12B YoY+33.5%	837M YoY+57.7%	531M YoY+47.3%
Net income	2.38B YoY-42.9%	4.16B YoY-9.5%	4.60B YoY+52.8%	3.01B YoY+61.4%	1.87B YoY+43.4%
	$4.51 YoY-42.9%	$7.90 YoY-9.8%	$8.76 YoY+52.3%	$5.75 YoY+61.1%	$3.57 YoY+42.8%
EPS (basic)	$4.52 YoY-42.9%	$7.92 YoY-9.8%	$8.78 YoY+52.4%	$5.76 YoY+60.9%	$3.58 YoY+43.2%
Weighted-avg shares (basic)	526M YoY+0.1%	525M YoY+0.3%	524M YoY+0.2%	523M YoY+0.2%	522M YoY+0.3%
Weighted-avg shares (diluted)	527M YoY+0.0%	527M YoY+0.3%	525M YoY+0.3%	523M YoY+0.1%	523M YoY+0.3%
Dividends per share	$2.72 YoY-34.8%	$4.17 YoY-1.7%	$4.24 YoY+51.4%	$2.80	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	3.22B YoY+0.0%	3.22B YoY+0.0%	3.22B YoY+0.0%	3.22B YoY+0.0%	3.22B YoY+0.0%
Cash & short-term investments	2.94B YoY+0.0%	2.94B YoY+0.0%	2.94B YoY+0.0%	2.94B YoY+0.0%	2.94B YoY+0.0%
Inventory	1.98B YoY+0.0%	1.98B YoY+0.0%	1.98B YoY+0.0%	1.98B YoY+0.0%	1.98B YoY+172.5%
	44.3B YoY+2.1%	43.4B YoY+6.4%	40.8B YoY+22.7%	33.3B YoY+12.8%	29.5B YoY+3.7%
Property, plant & equipment	4.51B YoY+13.0%	3.99B YoY+5.4%	3.78B YoY+9.0%	3.47B YoY+2.1%	3.40B YoY+3.9%
Operating lease right-of-use	61.8M YoY-12.2%	70.4M YoY-0.7%	70.9M YoY+65.3%	42.9M YoY+19.8%	35.8M YoY-10.3%
Goodwill	114M YoY+13.4%	101M YoY-6.2%	107M YoY+3.2%	104M YoY-5.9%	111M YoY-6.9%
Deferred tax liabilities	591M YoY+0.0%	591M YoY+0.0%	591M YoY+0.0%	591M YoY+0.0%	591M YoY+0.0%
Other non-current liabilities	1.49B YoY+0.0%	1.49B YoY+0.0%	1.49B YoY+0.0%	1.49B YoY+0.0%	1.49B
	19.3B YoY+10.0%	17.5B YoY+10.3%	15.9B YoY+20.6%	13.2B YoY+13.6%	11.6B YoY+10.1%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	525M YoY+0.2%	524M YoY+0.2%	523M YoY+0.2%	522M YoY+50.3%	347M YoY+0.2%
Additional paid-in capital	379M YoY+10.0%	345M YoY+28.1%	269M YoY+37.2%	196M YoY+38.1%	142M YoY+60.5%
Retained earnings	18.7B YoY+5.3%	17.8B YoY+12.5%	15.8B YoY+17.7%	13.4B YoY+11.4%	12.0B YoY+9.3%
Treasury stock	35.2M YoY+682.2%	4.50M YoY+45.2%	3.10M YoY+55.0%	2.00M YoY+33.3%	1.50M YoY-96.4%
Accumulated other comprehensive income	-337M YoY+69.8%	-1.11B YoY-60.4%	-694M YoY+27.2%	-953M YoY-3.5%	-921M YoY+12.3%
Total liabilities & equity	44.3B YoY+2.1%	43.4B YoY+6.4%	40.8B YoY+22.7%	33.3B YoY+12.8%	29.5B YoY+4.4%
Common shares issued	525M YoY+0.2%	524M YoY+0.2%	523M YoY+0.2%	522M YoY+50.3%	347M YoY+0.2%
Shares outstanding (cover)	525M YoY+0.2%	524M YoY+0.2%	523M YoY+50.4%	348M YoY+0.2%	347M YoY+0.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	4.42B YoY-4.9%	4.64B YoY+10.8%	4.19B YoY+38.4%	3.03B YoY+38.4%	2.19B YoY-26.8%
Depreciation & amortization	398M YoY-0.1%	398M YoY-4.0%	415M YoY+24.9%	332M YoY+23.0%	270M YoY+8.2%
Deferred income taxes	333M YoY+520.1%	-79.3M YoY+73.9%	-304M YoY-46.0%	-208M YoY+0.3%	-209M YoY-52250.0%
Change in inventory	-296M YoY-597.4%	-42.5M YoY-112.1%	351M YoY+28.6%	273M YoY-56.6%	628M YoY+1110.0%
	-2.27B YoY+49.5%	-4.49B YoY-56.3%	-2.87B YoY-41.2%	-2.03B YoY-49.2%	-1.36B YoY+27.4%
Capital expenditure	743M YoY-11.4%	839M YoY+20.7%	695M YoY+32.4%	525M YoY-6.1%	559M YoY+1.6%
Other investing activities	3.40M YoY+104.6%	-74.0M YoY-322.9%	-17.5M YoY+34.5%	-26.7M YoY-308.6%	12.8M YoY+174.0%
	-3.08B YoY-2404.0%	-123M YoY-111.2%	1.10B YoY+261.5%	305M YoY+134.5%	-883M YoY+51.2%
Long-term debt issued	3.15B YoY-19.1%	3.89B YoY+26.1%	3.08B YoY-2.7%	3.17B YoY+51.0%	2.10B YoY-2.3%
Long-term debt repaid	2.84B YoY+14.7%	2.47B YoY+10.7%	2.23B YoY-1.4%	2.27B YoY-3.0%	2.34B YoY+23.1%
Net short-term debt	-1.13B YoY-261.9%	700M YoY-59.3%	1.72B YoY+365.0%	370M YoY+1398.4%	24.7M YoY+103.0%
Common stock repurchased	36.1M YoY+702.2%	4.50M YoY+28.6%	3.50M YoY+66.7%	2.10M YoY+40.0%	1.50M YoY-96.4%
Dividends paid	2.27B YoY-0.9%	2.29B YoY+50.7%	1.52B YoY+51.1%	1.00B YoY+41.9%	708M YoY-42.9%
Net change in cash	-753M YoY-522.7%	-121M YoY-104.9%	2.49B YoY+97.3%	1.26B YoY+1234.4%	-111M YoY+82.5%
Interest paid	693M YoY+21.2%	572M YoY+44.2%	397M YoY+134.5%	169M YoY+61.4%	105M YoY-36.3%
Income taxes paid	646M YoY-51.0%	1.32B YoY-12.0%	1.50B YoY+60.9%	932M YoY+22.5%	761M YoY+103.5%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	57.5B YoY+5.5%	54.5B YoY+6.8%	51.1B YoY+122.6%	22.9B YoY+12.3%	20.4B YoY+2.5%
P/E	24.2× YoY+84.7%	13.1× YoY+5.4%	12.4× YoY+41.4%	8.8× YoY-19.7%	11.0× YoY-28.7%
P/S	2.0× YoY+24.8%	1.6× YoY+8.5%	1.5× YoY+78.2%	0.8× YoY-3.5%	0.9× YoY-18.4%
P/B	3.0× YoY-4.2%	3.1× YoY-2.2%	3.2× YoY+79.1%	1.8× YoY+1.0%	1.8× YoY-6.9%
P/FCF	15.7× YoY+9.2%	14.3× YoY+1.8%	14.1× YoY+37.8%	10.2× YoY-18.5%	12.6× YoY+53.5%
Earnings yield	4.1% YoY-45.9%	7.6% YoY-5.1%	8.0% YoY-29.3%	11.4% YoY+24.5%	9.1% YoY+40.2%
FCF yield	6.4% YoY-8.4%	7.0% YoY-1.8%	7.1% YoY-27.4%	9.8% YoY+22.7%	8.0% YoY-34.8%
Dividend yield	2.5% YoY-38.0%	4.0% YoY-7.7%	4.3% YoY+2.3%	4.2%	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: PCAR's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PCAR filings on SEC EDGAR → Not investment advice.

PCAR▼ financial statements

About this data

financial statements