Capital Expenditures for PACCAR (PCAR)
According to PACCAR's latest reported financial statements, the company's current capital expenditures (TTM) is $1.39B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PCAR
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.39B
YoY change
-20.6%
5Y CAGR
-3.3%
Peak year (2019)
$1.97B
Cumulative capital expenditures
$33.99B
CapEx history chart for PACCAR (PCAR) from 1989 to 2025
CapEx history table for PACCAR (PCAR) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.39B | -20.6% | ||
| 2024 | $1.75B | +38.3% | ||
| 2023 | $1.26B | -9.2% | ||
| 2022 | $1.39B | -14.8% | ||
| 2021 | $1.63B | -0.3% | ||
| 2020 | $1.64B | -16.9% | ||
| 2019 | $1.97B | +0.9% | ||
| 2018 | $1.95B | +5.7% | ||
| 2017 | $1.85B | -6.0% | ||
| 2016 | $1.96B | +13.9% | ||
| 2015 | $1.73B | +12.2% | ||
| 2014 | $1.54B | -17.9% | ||
| 2013 | $1.87B | +3.8% | ||
| 2012 | $1.80B | +9.5% | ||
| 2011 | $1.65B | +878.2% | ||
| 2010 | $168.40M | +31.9% | ||
| 2009 | $127.70M | -91.8% | ||
| 2008 | $1.55B | +22.3% | ||
| 2007 | $1.27B | +32.8% | ||
| 2006 | $954.30M | +12.5% | ||
| 2005 | $848.50M | +33.9% | ||
| 2004 | $633.50M | +71.5% | ||
| 2003 | $369.30M | +8.6% | ||
| 2002 | $340.20M | +10.0% | ||
| 2001 | $309.30M | +40.5% | ||
| 2000 | $220.10M | -28.2% | ||
| 1999 | $306.40M | +2.8% | ||
| 1998 | $298.00M | +124.1% | ||
| 1997 | $133.00M | -77.4% | ||
| 1996 | $588.40M | +528.0% | ||
| 1995 | $93.70M | +16.3% | ||
| 1994 | $80.60M | -2.2% | ||
| 1993 | $82.40M | -17.8% | ||
| 1992 | $100.20M | +152.4% | ||
| 1991 | $39.70M | -26.8% | ||
| 1990 | $54.20M | +17.3% | ||
| 1989 | $46.20M | — |
CapEx values are taken from PACCAR's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of PACCAR (PCAR) capital expenditures is $1.39B – declined 20.6% year-over-year.
PACCAR capital expenditures compound annual growth for the 2020–2025 (5 years) window is -3.3%, with a net decline across the window.
Between 2019 and 2025, PACCAR capital expenditures declined 29.6%, falling from $1.97B to $1.39B.
$1.97B stands as the all-time-high annual capital expenditures, posted in 2019, against a low of $39.70M during 1991.
Among 8 Industrials peers, PACCAR (PCAR) ranks 6th; the peer median for capital expenditures is $2.05B.
PACCAR Capital Expenditures by Year
PACCAR Capital Expenditures 2025: $1.39B
PACCAR capital expenditures in 2025 was $1.39B, declined 20.6% below 2024.
PACCAR Capital Expenditures 2024: $1.75B
PACCAR capital expenditures in 2024 was $1.75B, surged 38.3% from 2023.
PACCAR Capital Expenditures 2023: $1.26B
PACCAR capital expenditures in 2023 was $1.26B, declined 9.2% below 2022.
PACCAR Capital Expenditures 2022: $1.39B
PACCAR capital expenditures in 2022 was $1.39B, declined 14.8% below 2021.
PACCAR Capital Expenditures 2021: $1.63B
PACCAR capital expenditures in 2021 was $1.63B.
See more financial history for PACCAR (PCAR).
Sector peers — CapEx
Companies in the same sector as PACCAR, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is PACCAR's capital expenditures?
- Latest reported capital expenditures for PACCAR (PCAR) is $1.39B (period ending December 31, 2025).
How has PACCAR capital expenditures changed year-over-year?
- PACCAR (PCAR) capital expenditures changed -20.6% year-over-year on the latest annual filing.
What is the long-term growth rate of PACCAR capital expenditures?
- PACCAR (PCAR) capital expenditures compound annual growth rate is -3.3% over the most recent 5 years available.
When did PACCAR capital expenditures hit its highest annual value?
- PACCAR capital expenditures reached its highest annual value of $1.97B in 2019.
What was PACCAR capital expenditures in 2024?
- PACCAR (PCAR) capital expenditures in 2024 was $1.75B.
What was PACCAR capital expenditures in 2025?
- PACCAR (PCAR) capital expenditures in 2025 was $1.39B.
Metrics overview
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