TTM
15.1%
YoY change
−3.70pp
Trough year (1986)
12.7%
Peak year (2023)
21.7%
Latest annual
16.2%
Gross Margin history chart for PACCAR (PCAR) from 1985 to 2025
Latest: 16.2%
Gross Margin change chart for PACCAR (PCAR) from 1985 to 2025
Latest: −3.70pp
Gross Margin history table for PACCAR (PCAR) from 1985 to 2025
| 2025 | 16.2% | -3.70pp | ||
| 2024 | 19.9% | -1.79pp | ||
| 2023 | 21.7% | +3.59pp | ||
| 2022 | 18.1% | -0.06pp | ||
| 2021 | 18.2% | -0.30pp | ||
| 2020 | 18.5% | -0.31pp | ||
| 2019 | 18.8% | +0.15pp | ||
| 2018 | 18.7% | -0.25pp | ||
| 2017 | 18.9% | -0.90pp | ||
| 2016 | 19.8% | +0.42pp | ||
| 2015 | 19.4% | +1.58pp | ||
| 2014 | 17.8% | -0.11pp | ||
| 2013 | 17.9% | +0.41pp | ||
| 2012 | 17.5% | +0.18pp | ||
| 2011 | 17.3% | -0.96pp | ||
| 2010 | 18.3% | +3.76pp | ||
| 2009 | 14.5% | -3.34pp | ||
| 2008 | 17.9% | -3.85pp | ||
| 2007 | 21.7% | +0.94pp | ||
| 2006 | 20.8% | +0.60pp | ||
| 2005 | 20.2% | +1.50pp | ||
| 2004 | 18.7% | +0.82pp | ||
| 2003 | 17.9% | +0.24pp | ||
| 2002 | 17.6% | +0.87pp | ||
| 2001 | 16.7% | -1.21pp | ||
| 2000 | 18.0% | -2.94pp | ||
| 1999 | 20.9% | +0.79pp | ||
| 1998 | 20.1% | +0.50pp | ||
| 1997 | 19.6% | -0.95pp | ||
| 1996 | 20.6% | +0.85pp | ||
| 1995 | 19.7% | +0.70pp | ||
| 1994 | 19.0% | +0.47pp | ||
| 1993 | 18.5% | +0.79pp | ||
| 1992 | 17.8% | -1.60pp | ||
| 1991 | 19.4% | -0.45pp | ||
| 1990 | 19.8% | -0.42pp | ||
| 1989 | 20.2% | +3.96pp | ||
| 1988 | 16.3% | +0.36pp | ||
| 1987 | 15.9% | +3.24pp | ||
| 1986 | 12.7% | -0.30pp | ||
| 1985 | 13.0% | — |
- 202516.2%-3.70pp
- 202419.9%-1.79pp
- 202321.7%+3.59pp
- 202218.1%-0.06pp
- 202118.2%-0.30pp
- 202018.5%-0.31pp
- 201918.8%+0.15pp
- 201818.7%-0.25pp
- 201718.9%-0.90pp
- 201619.8%+0.42pp
- 201519.4%+1.58pp
- 201417.8%-0.11pp
- 201317.9%+0.41pp
- 201217.5%+0.18pp
- 201117.3%-0.96pp
- 201018.3%+3.76pp
- 200914.5%-3.34pp
- 200817.9%-3.85pp
- 200721.7%+0.94pp
- 200620.8%+0.60pp
- 200520.2%+1.50pp
- 200418.7%+0.82pp
- 200317.9%+0.24pp
- 200217.6%+0.87pp
- 200116.7%-1.21pp
- 200018.0%-2.94pp
- 199920.9%+0.79pp
- 199820.1%+0.50pp
- 199719.6%-0.95pp
- 199620.6%+0.85pp
- 199519.7%+0.70pp
- 199419.0%+0.47pp
- 199318.5%+0.79pp
- 199217.8%-1.60pp
- 199119.4%-0.45pp
- 199019.8%-0.42pp
- 198920.2%+3.96pp
- 198816.3%+0.36pp
- 198715.9%+3.24pp
- 198612.7%-0.30pp
- 198513.0%—
Gross 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 Gross Margin at PACCAR (PCAR)
According to PACCAR's latest reported financial statements, the company's latest reported gross margin is 15.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PACCAR (PCAR) most recent annual gross margin stands at 16.23% (2025) – contracted 3.7 percentage points year-over-year.
The record annual gross margin stands at 21.72%, reached in 2023; the historical low of 12.66% was recorded in 1986.
PACCAR Gross Margin by Year
PACCAR Gross Margin 2025: 16.2%
PACCAR posted gross margin of 16.23% in 2025, contracted 3.7 percentage points from 2024.
PACCAR Gross Margin 2024: 19.9%
In 2024, PACCAR reported gross margin of 19.93%, contracted 1.8 percentage points from 2023.
PACCAR Gross Margin 2023: 21.7%
PACCAR gross margin in 2023 was 21.72%, expanded 3.6 percentage points from 2022. This figure represents the highest annual value in the available history.
PACCAR Gross Margin 2022: 18.1%
2022's gross margin for PACCAR came in at 18.14%, contracted 0.1 percentage points from 2021.
PACCAR Gross Margin 2021: 18.2%
PACCAR gross margin in 2021 was 18.19%.
See more financial history for PACCAR (PCAR).
Sector peers by Gross Margin
Industrials peers of PACCAR (PCAR), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
PACCAR (PCAR) Key Financials
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