Question 1

What is PACCAR's EV/EBITDA ratio?

Accepted Answer

PACCAR (PCAR) EV/EBITDA ratio is 20.0× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for PACCAR?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For PACCAR specifically, the relevant sector benchmark is the current sector median of 16.2×.

Question 5

Is PACCAR's EV/EBITDA ratio high or low?

Accepted Answer

PACCAR's EV/EBITDA ratio of 20.0× is above its own 5-year average of 10.7× and above the sector median of 16.2×. That places the current reading at the 100th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is PACCAR's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, PACCAR (PCAR) EV/EBITDA ratio has ranged from a low of 5.7× in 2008 to a high of 20.4× in 2026. The 5-year average is 10.7× and the 5-year median is 10.4×.

Question 7

What was PACCAR's EV/EBITDA ratio in 2025?

Accepted Answer

PACCAR (PCAR) EV/EBITDA ratio at the end of 2025 was 12.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does PACCAR's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$57.60B	$3.91B	12.4×	+1.9×	Dec 31, 2025
2024	$54.64B	$5.81B	10.4×	+2.2×	Dec 31, 2024
2023	$51.20B	$6.84B	8.3×	-0.7×	Dec 31, 2023
2022	$34.55B	$4.47B	8.9×	-2.5×	Dec 31, 2022
2021	$30.71B	$3.20B	11.4×	-2.5×	Dec 31, 2021
2020	$29.96B	$2.62B	13.9×	+5.5×	Dec 31, 2020
2019	$27.42B	$4.05B	8.4×	+1.3×	Dec 31, 2019
2018	$19.95B	$3.74B	7.0×	-2.8×	Dec 31, 2018
2017	$25.04B	$3.21B	9.8×	-0.0×	Dec 31, 2017
2016	$22.44B	$2.94B	9.8×	+2.8×	Dec 31, 2016
2015	$16.74B	$3.23B	7.1×	-3.3×	Dec 31, 2015
2014	$24.12B	$2.92B	10.4×	-0.7×	Dec 31, 2014
2013	$20.98B	$2.48B	11.1×	+0.7×	Dec 31, 2013
2012	$15.99B	$2.15B	10.4×	+3.1×	Dec 31, 2012
2011	$13.61B	$2.37B	7.3×	-8.4×	Dec 31, 2011
2010	$20.93B	$1.51B	15.7×	+0.8×	Dec 31, 2010
2009	$13.20B	$1.15B	14.9×	+9.2×	Dec 31, 2009
2008	$10.42B	$2.78B	5.7×	-3.4×	Dec 31, 2008
2007	$20.22B	$2.81B	9.1×	+0.8×	Dec 31, 2007
2006	$16.23B	$2.53B	8.2×	+1.7×	Dec 31, 2006
2005	$11.89B	$2.44B	6.5×	-2.0×	Dec 31, 2005
2004	$14.05B	$1.95B	8.5×	-1.4×	Dec 31, 2004
2003	$9.92B	$1.21B	9.9×	+0.3×	Dec 31, 2003
2002	$5.33B	$794.20M	9.6×	-5.3×	Dec 31, 2002
2001	$5.02B	$504.00M	14.9×	—	Dec 31, 2001


MDU Resources Group (MDU)	12.9×
Automatic Data Processing (ADP)	12.6×
Canadian National Railway (CNI)	12.6×
Brady (BRC)	12.6×
Snap-on (SNA)	12.5×
Stanley Black & Decker (SWK)	12.5×
A. O. Smith (AOS)	12.1×
Franklin Electric Co. (FELE)	12.0×
Builders FirstSource (BLDR)	11.7×
Textron (TXT)	11.1×
ABM Industries (ABM)	10.7×
FedEx (FDX)	10.4×
Amentum Holdings (AMTM)	10.2×
Gartner (IT)	10.0×
United Rentals (URI)	9.4×
McGrath RentCorp (MGRC)	9.3×
United Parcel Service (UPS)	8.8×
Alamo Group (ALG)	8.4×
Alaska Air Group (ALK)	8.2×
Southwest Airlines (LUV)	8.0×
AGCO (AGCO)	7.4×
Matthews International (MATW)	7.0×
United Airlines Holdings (UAL)	5.6×
Delta Air Lines (DAL)	5.4×
Versant Media Group, Inc. Class A (VSNT)	3.0×

EV/EBITDA for PACCAR (PCAR)

EV/EBITDA daily chart for PACCAR (PCAR)

Historical EV/EBITDA for PACCAR (PCAR) from 2001 to 2025

About EV/EBITDA at PACCAR (PCAR)

PACCAR EV/EBITDA by Year

PACCAR EV/EBITDA 2025: 12.4×

PACCAR EV/EBITDA 2024: 10.4×

PACCAR EV/EBITDA 2023: 8.3×

PACCAR EV/EBITDA 2022: 8.9×

PACCAR EV/EBITDA 2021: 11.4×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

PACCAR (PCAR) Key Financials

EV/EBITDA daily chart for PACCAR (PCAR)

Historical EV/EBITDA for PACCAR (PCAR) from 2001 to 2025

About EV/EBITDA at PACCAR (PCAR)

PACCAR EV/EBITDA by Year

PACCAR EV/EBITDA 2025: 12.4×

PACCAR EV/EBITDA 2024: 10.4×

PACCAR EV/EBITDA 2023: 8.3×

PACCAR EV/EBITDA 2022: 8.9×

PACCAR EV/EBITDA 2021: 11.4×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is PACCAR's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for PACCAR?

+Is PACCAR's EV/EBITDA ratio high or low?

+What is PACCAR's historical EV/EBITDA ratio range?

+What was PACCAR's EV/EBITDA ratio in 2025?

+Why does PACCAR's EV/EBITDA ratio change over time?

PACCAR (PCAR) Key Financials