PACCAR reported strong annual revenues and net income in 2024, driven by the enhanced profitability of its latest generation of DAF, Peterbilt, and Kenworth trucks. 71 billion, four percent higher than the previous year. 6 million.
6 billion in new and enhanced facilities, innovative products, and new technologies over the past decade. In 2025, PACCAR will celebrate its 120th anniversary of the company's founding in 1905 by William Pigott. 08 billion reported in the same period in 2023.
70 per diluted share) earned in the fourth quarter of 2023. 13 billion in 2023. 00 per share year-end cash dividend paid on January 8, 2025.
In December 2024, PACCAR announced a 10% increase to its regular quarterly cash dividend, to 33 cents per share, payable on March 5, 2025. S. 7% in 2024.
Kenworth and Peterbilt trucks deliver premium quality, industry-leading fuel efficiency, and low operating costs to customers. PACCAR is investing in the next generation of diesel and alternative powertrains, and aftermarket transportation solutions that enable customers to achieve their operational and environmental goals.
The strong financial results reported by PACCAR are a testament to the company's commitment to quality and innovation. As the truck industry continues to evolve, it will be important for companies like PACCAR to stay ahead of the curve with new technologies and products that meet the changing needs of customers.
