PCAR
PACCAR Inc112.16
-0.80-0.71%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
58.91BP/E (TTM)
21.99Basic EPS (TTM)
5.10Dividend Yield
0.01%Recent Filings
10-K
8-K
8-K
8-K
PACCAR leadership promotions
PACCAR promotes Kevin D. Baney to President effective January 1, 2026, after 31 years with the firm, adding PACCAR Parts to his oversight of DAF Trucks, Financial Services, and Investor Relations. John N. Rich rises to Executive VP and CTO, leading global tech and Peterbilt. Leadership realigns to sharpen truck ops and innovation. Changes take effect next year.
10-Q
Q3 FY2025 results
PACCAR's Q3 revenue fell 19% y/y to $6.7B, driven by a 29% drop in truck deliveries to 31,900 units amid softer U.S. and Canadian demand, though parts sales rose 4% y/y to $1.7B on stronger North American volumes. Gross margins contracted sharply to 5.8% from 13.0% y/y in trucks, hit by higher tariff costs and lower price realization, while financial services income climbed 18% y/y to $126M on portfolio growth and yields. Net income slid to $590M ($1.12 diluted EPS) from $972M ($1.85), with YTD EPS at $3.45 versus $6.25 y/y; operating cash flow held steady at $3.3B YTD, supporting $6.3B cash and $16.9B total debt. The $350M EC litigation charge in Q1 weighed on YTD results, but steady liquidity cushions tariff risks. Competition in truck pricing remains a key headwind.
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