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Operating Income for PACCAR (PCAR)

According to PACCAR's latest reported financial statements, the company's current operating income (TTM) is $2.64B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PACCAR Inc logo
PACCAR

PCAR

TTM (last 4 quarters)

$2.64B

YoY change

-39.5%

5Y CAGR

N/A

Peak year (2023)

$5.95B

Cumulative operating income

$57.83B

Operating Income history chart for PACCAR (PCAR) from 1985 to 2025

Operating Income history table for PACCAR (PCAR) from 1985 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$2.96B-39.5%
2024$4.89B-17.7%
2023$5.95B+61.6%
2022$3.68B+59.4%
2021$2.31B
2020$0-100.0%
2019$2.97B+10.7%
2018$2.69B+28.5%
2017$2.09B+8.4%
2016$1.93B-17.1%
2015$2.33B+16.3%
2014$2.00B+19.7%
2013$1.67B+4.8%
2012$1.60B+7.8%
2011$1.48B+128.1%
2010$648.50M-913.7%
2009-$79.70M-107.3%
2008$1.09B-55.5%
2007$2.45B-9.4%
2006$2.70B+22.7%
2005$2.20B+34.3%
2004$1.64B+61.3%
2003$1.02B+28.0%
2002$794.20M+57.0%
2001$505.80M-45.3%
2000$924.50M-14.0%
1999$1.08B+33.2%
1998$807.50M+30.2%
1997$620.00M+41.8%
1996$437.20M-9.7%
1995$484.00M+18.8%
1994$407.40M+51.6%
1993$268.80M+77.0%
1992$151.90M+56.8%
1991$96.90M-44.4%
1990$174.20M-52.2%
1989$364.40M+74.0%
1988$209.40M+27.4%
1987$164.40M+171.7%
1986$60.50M-20.4%
1985$76.00M

Operating Income values are taken from PACCAR's reported income 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

As of the 2025 fiscal year, PACCAR (PCAR) reported operating income of $2.96B – plunged 39.5% year-over-year.

PACCAR operating income compound annual growth for the 2015–2025 (10 years) window is +2.4%, with the latest reading among the more recent periods of the dataset.

PACCAR operating income plunged from $5.95B in 2023 to $2.96B in 2025, a 50.2% drawdown.

$5.95B stands as the all-time-high annual operating income, posted in 2023, against a low of -$79.70M during 2009.

Within Industrials, PACCAR (PCAR) ranks 8th among 8 peers we track. The peer median for operating income is $8.59B.

PACCAR Operating Income by Year

PACCAR Operating Income 2025: $2.96B

PACCAR operating income in 2025 was $2.96B, plunged 39.5% below 2024.

PACCAR Operating Income 2024: $4.89B

PACCAR operating income in 2024 was $4.89B, declined 17.7% below 2023.

PACCAR Operating Income 2023: $5.95B

PACCAR operating income in 2023 was $5.95B, surged 61.6% from 2022. This figure represents the highest annual value in the available history.

PACCAR Operating Income 2022: $3.68B

PACCAR operating income in 2022 was $3.68B, surged 59.4% from 2021.

PACCAR Operating Income 2021: $2.31B

PACCAR operating income in 2021 was $2.31B.

See more financial history for PACCAR (PCAR).

Sector peers — Operating Income

Companies in the same sector as PACCAR, ranked by their latest operating income.

CompanyOperating IncomeSector
Caterpillar Inc. (CAT)$11.21BIndustrials
Union Pacific Corporation (UNP)$9.84BIndustrials
RTX Corporation (RTX)$8.89BIndustrials
GE Aerospace (GE)$8.77BIndustrials
Deere & Company (DE)$8.42BIndustrials
Honeywell International Inc. (HON)$6.57BIndustrials
Eaton Corporation plc (ETN)$5.23BIndustrials
The Boeing Company (BA)-$5.42BIndustrials

Frequently asked questions

What is PACCAR's operating income?

Latest reported operating income for PACCAR (PCAR) is $2.64B (period ending March 31, 2026).

How has PACCAR operating income changed year-over-year?

PACCAR (PCAR) operating income changed -39.5% year-over-year on the latest annual filing.

What is the long-term growth rate of PACCAR operating income?

PACCAR (PCAR) operating income compound annual growth rate is +2.4% over the most recent 10 years available.

When did PACCAR operating income hit its highest annual value?

PACCAR operating income reached its highest annual value of $5.95B in 2023.

What was PACCAR operating income in 2024?

PACCAR (PCAR) operating income in 2024 was $4.89B.

What was PACCAR operating income in 2025?

PACCAR (PCAR) operating income in 2025 was $2.96B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.