Paccar Inc.

Paccar Inc.

PCAR

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Market Cap$69.83B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Paccar Inc.Paccar Inc.27.92.07%12%2.80.4

Earnings Call Q2 2026

July 28, 2026 - AI Summary

Strong Q2 financial performance; margins beat expectations (good/surprising): - Revenues: $7.5B; Net income: $752M, +24% vs Q1. - Key driver: “Strong truck division performance,” with truck deliveries up to 38,700 (from 33,000). - Parts: Record $1.75B revenues and $417M quarterly pre-tax income; gross margin improved to 29.8% (and consolidated/parts-other margin cited improved 13.1% → 14.4%). - Gross margin drivers cited: higher volume, local-for-local production tariff benefit, and cost control (price vs. cost better than expected); also operating effectiveness + warranty performance; no sign the beat was from a major “EPA refund” (company said profits were mainly net price-cost and operational factors).
Forward guidance: truck market and deliveries ramp in 2H; margins steady-to-up (good): - U.S./Canada heavy retail market: ~105k first-half, ~145k expected second-half → ~250k full-year. - Europe (16+ ton): ~310k for 2026 (healthy; modest economy growth). - South America (16+ ton): ~100k–110k range expected. - Company deliveries: Q3 estimated ~42,000 (increase vs Q2 but partly offset by the normal European summer shutdown). - Truck parts margins: Q3 forecast ~14.5%, then further improve in Q4.
2026 full-year capital/R&D investment and parts/financial services outlook (opportunity/neutral): - Capex: $700M–$750M. - R&D: $450M–$480M. - Parts sales growth outlook: 3%–5% for the full year; management expects faster growth in 2H as utilization increases and customers buy more parts (notably via PACCAR Parts fleet services, +8% QoQ in Q2). - PACCAR Financial: Q2 pre-tax income $124M; expects strength supported by improving used truck markets.

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$131.33

Target Price by Analysts

1% downsidePaccar Target Price DetailsTarget Price
$78.39

Current Fair Value

40.9% downside

Overvalued by 40.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$69.83 Billion
Enterprise Value$71.79 Billion
Dividend Yield$2.74 (2.07%)
Earnings per Share$4.52
Beta0.98
Outstanding Shares527,000,000

Return

Return on Equity12.32%ROE
Return on Assets5.69%
Return on Invested Capital6.80%

Valuation & Multiples

P/E Ratio27.87P/E Ratio
PEG715.43PEG
Price to Sales2.76Price to Sales
Price to Book Ratio3.49Price to Book Ratio
Enterprise Value to Revenue2.8
Enterprise Value to EBIT28.85
Enterprise Value to Net Income28
Total Debt to Enterprise0.1
Debt to Equity0.36Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 28, 2026
EPS Estimate
$1.36
Average shareholder expectation
Revenue Estimate
$7.05 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 20, 2026
EPS Estimate
$1.52
Average shareholder expectation
Revenue Estimate
$7.40 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 38.96%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %2.99%▼ 68.00%
Total Invested$1.89B▼ 95.62%
Investors Holding449▼ 657.00%

ESG Score

No data

About Paccar Inc.

27,000 employees
CEO: R. Preston Feight

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced po...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and analysis for all tax legislation. Its work directly shapes tax bills that impact corporate tax structures, capital investment credits, and the overall tax burden on PACCAR, thus significantly influencing its financial performance.

Finance

This powerful committee controls taxation and trade policy. Corporate tax rates and incentives directly affect PACCAR's profitability and investment decisions, while trade policies (tariffs, agreements) are critical for its global supply chain and international sales.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine funding for infrastructure projects (driving truck demand) and government agency procurement (potential truck sales), directly impacting PACCAR's market opportunities.

Banking, Housing, and Urban Affairs

This committee regulates the entire financial system, including interest rates and credit availability. As PACCAR provides financial services to its customers and relies on financing for truck sales, this committee's policies directly impact its financial division and customer purchasing power.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce and transportation. It can influence vehicle safety standards, autonomous vehicle regulations, logistics, and other commercial rules directly impacting the trucking industry and PACCAR's products.

Environment and Public Works

This committee regulates the EPA, which sets critical emissions and environmental standards for trucks, directly affecting PACCAR's product design and manufacturing costs. Its influence on federal highway programs also drives demand for heavy-duty trucks for infrastructure projects.