What is PACCAR's EBITDA margin?

Latest reported EBITDA margin for PACCAR (PCAR) is 12.39% as of the trailing twelve months (TTM) ending March 31, 2026.

How has PACCAR EBITDA margin changed year-over-year?

PACCAR (PCAR) EBITDA margin changed −2.5 percentage points year-over-year on the latest annual filing.

When did PACCAR EBITDA margin hit its highest annual value?

PACCAR EBITDA margin reached its highest annual value of 19.56% in 2023.

What was PACCAR EBITDA margin in 2024?

PACCAR (PCAR) EBITDA margin in 2024 was 17.26%.

What was PACCAR EBITDA margin in 2025?

PACCAR (PCAR) EBITDA margin in 2025 was 14.76%.

PACCAR (PCAR) EBITDA Margin — Annual & Quarterly %

TTM

12.4%

YoY change

−2.50pp

Trough year (1986)

4.6%

Peak year (2023)

19.6%

EBITDA Margin history chart for PACCAR (PCAR) from 1985 to 2025

Latest: 14.8%

EBITDA Margin change chart for PACCAR (PCAR) from 1985 to 2025

Latest: −2.50pp

EBITDA Margin history table for PACCAR (PCAR) from 1985 to 2025


2025	14.8%	-2.50pp	Dec 31, 2025	Feb 18, 2026
2024	17.3%	-2.30pp	Dec 31, 2024	Feb 19, 2025
2023	19.6%	+4.05pp	Dec 31, 2023	Feb 21, 2024
2022	15.5%	+1.57pp	Dec 31, 2022	Feb 22, 2023
2021	13.9%	-0.06pp	Dec 31, 2021	Feb 23, 2022
2020	14.0%	-1.84pp	Dec 31, 2020	Feb 17, 2021
2019	15.8%	-0.10pp	Dec 31, 2019	Feb 19, 2020
2018	15.9%	-0.51pp	Dec 31, 2018	Feb 21, 2019
2017	16.4%	-0.71pp	Dec 31, 2017	Feb 21, 2018
2016	17.2%	+0.23pp	Dec 31, 2016	Feb 21, 2017
2015	16.9%	+1.56pp	Dec 31, 2015	Feb 16, 2016
2014	15.4%	+0.87pp	Dec 31, 2014	Feb 26, 2015
2013	14.5%	+1.03pp	Dec 31, 2013	Feb 27, 2014
2012	13.5%	+0.30pp	Dec 31, 2012	Feb 27, 2013
2011	13.2%	+0.81pp	Dec 31, 2011	Feb 29, 2012
2010	12.4%	-2.97pp	Dec 31, 2010	Mar 1, 2011
2009	15.3%	-2.23pp	Dec 31, 2009	Feb 26, 2010
2008	17.5%	-1.98pp	Dec 31, 2008	Feb 27, 2009
2007	19.5%	+0.47pp	Dec 31, 2007	Feb 27, 2008
2006	19.1%	+0.76pp	Dec 31, 2006	Feb 26, 2007
2005	18.3%	+1.15pp	Dec 31, 2005	Feb 27, 2006
2004	17.1%	+1.48pp	Dec 31, 2004	Mar 4, 2005
2003	15.7%	+1.64pp	Dec 31, 2003	Mar 12, 2004
2002	14.0%	+2.78pp	Dec 31, 2002	Mar 10, 2003
2001	11.2%	-2.40pp	Dec 31, 2001	Mar 22, 2002
2000	13.6%	+0.09pp	Dec 31, 2000	Mar 21, 2001
1999	13.5%	+1.75pp	Dec 31, 1999	Mar 17, 2000
1998	11.8%	+0.98pp	Dec 31, 1998	Mar 24, 1999
1997	10.8%	-0.44pp	Dec 31, 1997	Mar 25, 1998
1996	11.3%	-0.26pp	Dec 31, 1996	Mar 27, 1997
1995	11.5%	+1.04pp	Dec 31, 1995	Mar 25, 1996
1994	10.5%	+1.29pp	Dec 31, 1994	May 16, 1995
1993	9.2%	+1.91pp	Dec 31, 1993	Mar 24, 1994
1992	7.3%	+1.03pp	Dec 31, 1992	Dec 31, 1992
1991	6.2%	-1.89pp	Dec 31, 1991	Dec 31, 1991
1990	8.1%	-3.70pp	Dec 31, 1990	Dec 31, 1990
1989	11.8%	+3.49pp	Dec 31, 1989	Dec 31, 1989
1988	8.3%	+0.44pp	Dec 31, 1988	Dec 31, 1988
1987	7.9%	+3.27pp	Dec 31, 1987	Dec 31, 1987
1986	4.6%	-0.50pp	Dec 31, 1986	Dec 31, 1986
1985	5.1%	—	Dec 31, 1985	Dec 31, 1985

202514.8%-2.50pp
202417.3%-2.30pp
202319.6%+4.05pp
202215.5%+1.57pp
202113.9%-0.06pp
202014.0%-1.84pp
201915.8%-0.10pp
201815.9%-0.51pp
201716.4%-0.71pp
201617.2%+0.23pp
201516.9%+1.56pp
201415.4%+0.87pp
201314.5%+1.03pp
201213.5%+0.30pp
201113.2%+0.81pp
201012.4%-2.97pp
200915.3%-2.23pp
200817.5%-1.98pp
200719.5%+0.47pp
200619.1%+0.76pp
200518.3%+1.15pp
200417.1%+1.48pp
200315.7%+1.64pp
200214.0%+2.78pp
200111.2%-2.40pp
200013.6%+0.09pp
199913.5%+1.75pp
199811.8%+0.98pp
199710.8%-0.44pp
199611.3%-0.26pp
199511.5%+1.04pp
199410.5%+1.29pp
19939.2%+1.91pp
19927.3%+1.03pp
19916.2%-1.89pp
19908.1%-3.70pp
198911.8%+3.49pp
19888.3%+0.44pp
19877.9%+3.27pp
19864.6%-0.50pp
19855.1%—

EBITDA Margin values are taken from PACCAR's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at PACCAR (PCAR)

According to PACCAR's latest reported financial statements, the company's latest reported EBITDA margin is 12.4%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported April 29, 2026). Chart and table below cover the full reported history back to 1985.

The 2025 reading of PACCAR (PCAR) EBITDA margin is 14.76% – contracted 2.5 percentage points year-over-year.

19.56% stands as the all-time-high annual EBITDA margin, posted in 2023, against a low of 4.63% during 1986.

PACCAR EBITDA Margin by Year

PACCAR EBITDA Margin 2025: 14.8%

In 2025, PACCAR reported EBITDA margin of 14.76%, contracted 2.5 percentage points from 2024.

PACCAR EBITDA Margin 2024: 17.3%

PACCAR EBITDA margin in 2024 was 17.26%, contracted 2.3 percentage points from 2023.

PACCAR EBITDA Margin 2023: 19.6%

2023's EBITDA margin for PACCAR came in at 19.56%, expanded 4.1 percentage points from 2022. This figure represents the highest annual value in the available history.

PACCAR EBITDA Margin 2022: 15.5%

PACCAR posted EBITDA margin of 15.51% in 2022, expanded 1.6 percentage points from 2021.

PACCAR EBITDA Margin 2021: 13.9%

PACCAR EBITDA margin in 2021 was 13.93%.

See more financial history for PACCAR (PCAR).

Sector peers by EBITDA Margin

Industrials peers of PACCAR (PCAR), ranked by their latest EBITDA margin


Union Pacific (UNP)	52.5%
GE Aerospace (GE)	22.8%
Deere & Company (DE)	22.5%
Caterpillar (CAT)	21.6%
Eaton Corporation (ETN)	20.7%
Honeywell International (HON)	17.8%
RTX (RTX)	17.1%
Boeing (BA)	7.9%

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