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 .

PCAR
Currently viewingOperating IncomeSwitch metric
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 year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 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.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
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.
Explore more
PCAR Overview
Company profile, financial tools, and key metrics
PCAR Revenue Counter
Earns $901.98 every second. See per minute, hour, and day.
PCAR Earnings Counter
Earns $75.34 per second net profit. See per minute, hour, and day.
PCAR Economic Scale
Exceeds Albania's GDP. Compare with world economies.
PCAR What If Invested
What if you had invested $1,000? See historical returns from any date.
PCAR How It Makes Money
Discover visual breakdown of $28.44B in revenue — where it comes from and where it goes.
PCAR Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PCAR Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PCAR Daily Price Character
Balanced · 45.4% historical win rate (green days). Streaks & record days.
PCAR Buybacks
0.06% TTM buyback yield. Shareholder yield & SBC comparison.
PCAR Stock Split History
10 splits on record. Dates, ratios, and cumulative multiple.
PCAR Dividend Profile
Yield: 2.30%. Safety: 5/8. See full history.
PCAR Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PCAR Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.