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PACCAR Achieves Very Good Annual Revenues and Net Income
PACCAR Press Releases·Trucking·Jan 27, 2026
PACCAR Achieves Very Good Annual Revenues and Net Income
Bellevue, Wash.--(BUSINESS WIRE)-- PACCAR reported very good annual revenues and net income in 2025. The company's North American truck factories are optimally located to operate under the Section 232 truck tariff regulations that began in November. PACCAR Parts and PACCAR Financial Services delivered record revenue and strong profits. Kenworth, Peterbilt and DAF’s premium quality trucks contributed to the very good results. Industry truck orders increased in December, and the truck market is responding to the clarification of tariff policy and emissions regulations, which combined with early improvements in freight fundamentals, should lead to a stronger truck market in 2026. PACCAR Parts achieved record annual revenues and strong profits, while PACCAR Financial Services achieved record revenues and strong profits. The company invested $9.2 billion in new and expanded facilities, innovative products and new technologies during the past decade. PACCAR is investing in exciting next generation clean diesel and alternative powertrains, electric battery cells, integrated connected vehicle services, flexible manufacturing capabilities, and autonomous and advanced driver assistance systems, that create value for customers.
PACCAR Announces Extra Cash Dividend
PACCAR Press Releases·Trucking·Dec 9, 2025
PACCAR Announces Extra Cash Dividend
Bellevue, Wash.--(BUSINESS WIRE)-- PACCAR Inc’s Board of Directors today declared an extra cash dividend of one dollar and forty cents ($1.40) per share, payable on January 7, 2026, to stockholders of record at the close of business on December 19, 2025. This announcement marks a significant development in the company's history, as it celebrates its 120-year legacy of innovation and industry leadership. PACCAR has consistently delivered strong financial performance, with annual dividends totaling approximately 50% of net income for many years. The company’s commitment to quality and technology has enabled it to maintain a competitive edge in the market. With its global presence and diverse product portfolio, PACCAR is well-positioned to continue driving growth and profitability in the coming years. The company's focus on investing in premium quality vehicles, advanced powertrains, and connected vehicle services reflects its dedication to meeting the evolving needs of its customers. As a result, PACCAR has earned returns that have exceeded the S&P 500 index for the last 20 years. PACCAR’s shareholders can look forward to receiving this extra cash dividend, which is a testament to the company's financial strength and stability. The declaration of an extra cash dividend demonstrates PACCAR’s confidence in its future prospects and its ability to generate strong returns for its investors. With its rich history and commitment to innovation, PACCAR is poised to continue delivering value to its stakeholders. The company’s recent achievements, including the International Truck of the Year 2026 award for its DAF XF Electric and XD Electric trucks, further underscore its position as a leader in the industry. As PACCAR looks to the future, it is clear that the company remains focused on its core strengths and committed to driving growth and profitability. The extra cash dividend announcement is a significant development in this regard, and it will be interesting to see how the company continues to build on its momentum in the coming years.
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Press Releases·Trucking·Dec 9, 2025
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Inc.'s Board of Directors has declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on March 4, 2026, to stockholders of record at the close of business on February 11, 2026. This move is part of PACCAR's commitment to providing value to its shareholders and building long-term financial stability. The company's decision reflects its confidence in its financial performance and its position as a leading global technology leader in the truck manufacturing sector. With its diverse product lineup under the Kenworth, Peterbilt, and DAF nameplates, PACCAR is well-positioned to meet the evolving needs of customers worldwide. In addition to its core truck business, PACCAR also offers advanced powertrains, financial services, and information technology solutions to complement its products. The company's shares are listed on the NASDAQ Stock Market under the symbol PCAR, and can be found at www.paccar.com. PACCAR's quarterly dividend payment is an important aspect of its corporate strategy, demonstrating its focus on generating value for its investors. By maintaining a strong financial position, PACCAR aims to create long-term value for its shareholders and drive growth in the truck manufacturing industry. As a global technology leader, PACCAR continues to innovate and expand its offerings to meet the changing needs of customers. The company's commitment to innovation and customer satisfaction has enabled it to establish itself as a trusted brand in the truck manufacturing sector. With its regular quarterly cash dividend payment, PACCAR is taking an important step towards achieving its financial goals and building a strong future for its shareholders.
PACCAR Achieves Good Quarterly Revenues and Profits
PACCAR Press Releases·Trucking·Oct 21, 2025
PACCAR Achieves Good Quarterly Revenues and Profits
PACCAR delivered good revenues and net income in the third quarter of 2025. The company's Peterbilt, Kenworth, and DAF trucks contributed to the strong results. PACCAR Parts and PACCAR Financial Services also performed well, with excellent profits and revenue growth. Despite a $350 million charge related to civil litigation in Europe, PACCAR's financial performance was solid. The company expects clarity in the market after new Section 232 truck tariffs take effect in November. PACCAR is proud of its ability to produce over 90% of its U.S. sold trucks in Texas, Ohio, and Washington. The global truck market is expected to grow, with U.S. and Canada Class 8 truck industry retail sales estimated at 230,000-245,000 vehicles this year and 230,000-270,000 vehicles in 2026. European truck registrations are also projected to increase, driven by the popularity of DAF trucks' aerodynamic and fuel-efficient designs. PACCAR is investing heavily in research and development, including next-generation clean diesel and alternative powertrains, connected vehicle services, and advanced driver assistance systems. The company's battery joint venture, Amplify Cell Technologies, is making progress on its 2.6 million sq. ft. battery factory in Mississippi. PACCAR is also leveraging artificial intelligence to reduce operational costs and enhance performance for customers. Despite the challenges posed by the global economy, PACCAR remains a leader in the truck industry, with a strong balance sheet and consistent focus on quality, technology, and productivity.
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Press Releases·Trucking·Sep 9, 2025
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Inc's Board of Directors has declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on December 3, 2025, to stockholders of record at the close of business on November 12, 2025. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. The company also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business. PACCAR shares are traded on the NASDAQ Stock Market, symbol PCAR. With a strong presence in the global market, PACCAR continues to be a leader in the trucking industry. The company's commitment to innovation and customer satisfaction has enabled it to maintain a loyal customer base. By declaring this regular quarterly cash dividend, PACCAR is providing its shareholders with a steady stream of income. This move is expected to boost investor confidence in the company's financial performance. As a result, PACCAR's stock price is likely to experience a positive impact. The dividend payment date of December 3, 2025, and the record date of November 12, 2025, are set to coincide with the end of the year, providing shareholders with a timely boost. With its robust financial position and commitment to innovation, PACCAR is well-positioned for continued success in the years to come. The company's dividend payment is expected to be a key factor in driving investor interest in its shares. As the global trucking industry continues to evolve, PACCAR remains at the forefront of technological advancements and customer support. By providing a regular quarterly cash dividend, PACCAR demonstrates its confidence in its financial performance and its ability to deliver value to shareholders. With this move, the company is signaling its commitment to generating long-term value for its investors. The dividend payment will provide shareholders with a predictable source of income, helping to mitigate market volatility. As the global economy continues to navigate uncertainty, PACCAR's steady stream of dividends offers a welcome respite for investors seeking stable returns on their investments. By providing a regular quarterly cash dividend, PACCAR is taking a proactive approach to managing its finances and demonstrating its commitment to shareholder value. This move is expected to have a positive impact on the company's financial performance and its stock price. As a result, shareholders can expect to see a boost in their investment returns over time. With its robust financial position and commitment to innovation, PACCAR is well-positioned for continued success in the years to come. The company's dividend payment is expected to be a key driver of investor interest in its shares. By providing a regular quarterly cash dividend, PACCAR is signaling its confidence in its financial performance and its ability to deliver value to shareholders. As the global trucking industry continues to evolve, PACCAR remains at the forefront of technological advancements and customer support. The company's commitment to innovation and customer satisfaction has enabled it to maintain a loyal customer base. By providing a regular quarterly cash dividend, PACCAR is taking a proactive approach to managing its finances and demonstrating its commitment to shareholder value. This move is expected to have a positive impact on the company's financial performance and its stock price. As a result, shareholders can expect to see a boost in their investment returns over time. With this move, the company is signaling its confidence in its ability to deliver long-term value to its investors. The dividend payment date of December 3, 2025, and the record date of November 12, 2025, are set to coincide with the end of the year, providing shareholders with a timely boost. As the global economy continues to navigate uncertainty, PACCAR's steady stream of dividends offers a welcome respite for investors seeking stable returns on their investments. By providing a regular quarterly cash dividend, PACCAR is demonstrating its commitment to generating long-term value for its investors. The company's robust financial position and commitment to innovation make it well-positioned for continued success in the years to come. As a result, shareholders can expect to see a boost in their investment returns over time. With this move, the company is taking a proactive approach to managing its finances and signaling its confidence in its ability to deliver long-term value to its investors.
PACCAR Achieves Good Quarterly Revenues and Profits
PACCAR Press Releases·Trucking·Jul 22, 2025
PACCAR Achieves Good Quarterly Revenues and Profits
In the second quarter of 2025, PACCAR Inc. reported strong financial results, driven by solid revenues from its truck divisions and a record quarterly revenue from its parts business. The company's CEO, Preston Feight, expressed pride in his employees and dealers who delivered outstanding trucks and transportation solutions to customers. Despite economic conditions and uncertainties, including tariffs and soft demand for truckloads, PACCAR's investments in new trucks, advanced manufacturing, and technology-enabled aftermarket solutions are expected to support growth. The North American truck market is also experiencing strong demand in the less-than-truckload and vocational segments, including construction. With these factors in mind, PACCAR's financial performance was boosted by its diversified revenue streams and operational efficiency. The company achieved net income of $723.8 million in the second quarter, compared to $1.12 billion in the same period last year, with adjusted net income reaching $1.49 billion. This represents a significant improvement over the previous year's results. PACCAR's financial performance has been driven by its strong truck divisions, including Kenworth and Peterbilt, as well as its parts business, which delivered record quarterly revenue. The company's financial services arm also reported very good results. Overall, PACCAR's second-quarter earnings report suggests a solid foundation for the company's growth prospects in 2025. With its diversified revenue streams and focus on innovation, PACCAR is well-positioned to navigate the challenges facing the truck industry and capitalize on emerging opportunities. As the truck industry continues to evolve, PACCAR's investments in new trucks, advanced manufacturing, and technology-enabled aftermarket solutions will be critical to supporting customers' growth and the company's own success.
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Press Releases·Trucking·Jul 8, 2025
PACCAR Declares Regular Quarterly Cash Dividend
BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on September 4, 2025, to stockholders of record at the close of business on August 14, 2025. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. The company’s diversified product portfolio includes advanced powertrains, financial services, and information technology. PACCAR shares are traded on the NASDAQ Stock Market, symbol PCAR, and can be found on the company’s website at www.paccar.com. This quarterly cash dividend is a regular occurrence for PACCAR, demonstrating the company's commitment to returning value to its shareholders. By paying this dividend, PACCAR aims to maintain its position as a leader in the truck manufacturing industry. The company's focus on innovation and customer satisfaction has enabled it to establish a strong reputation among its customers and stakeholders. As a result, PACCAR’s shares have consistently performed well on the market, reflecting the company's solid financial foundation and growth prospects. With this dividend payment, PACCAR is poised to continue its success story, driven by its commitment to excellence and customer-centric approach.
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Press Releases·Trucking·Apr 29, 2025
PACCAR Declares Regular Quarterly Cash Dividend
PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on June 4, 2025, to stockholders of record at the close of business on May 14, 2025. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. The company also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business. PACCAR shares are traded on the NASDAQ Stock Market, symbol PCAR, and can be found on the company’s website at www.paccar.com. This quarterly dividend payment is a testament to the company’s commitment to distributing value to its shareholders. As a global leader in the trucking industry, PACCAR continues to innovate and expand its product offerings to meet the evolving needs of its customers. The regular quarterly cash dividend will be paid to eligible stockholders who are on the company’s record date, which is May 14, 2025. The payment date is set for June 4, 2025, and the dividend amount is $0.33 per share. This dividend payment will provide a timely boost to investors who hold PACCAR shares. With its strong financial position and commitment to innovation, PACCAR is well-positioned to continue delivering value to its shareholders in the years to come.
PACCAR Achieves Good Financial Performance and Record PACCAR Parts Revenue
PACCAR Press Releases·Trucking·Apr 29, 2025
PACCAR Achieves Good Financial Performance and Record PACCAR Parts Revenue
PACCAR reported good revenues and net income in the first quarter of 2025, with quarterly revenues reaching $7.44 billion compared to $8.74 billion in the same period last year. The company's net income was $505.1 million, including a $264.5 million after-tax charge related to civil litigation in Europe. PACCAR Parts achieved record revenue and strong profits, with first quarter 2025 revenues reaching $1.69 billion compared to $1.68 billion reported in the same period last year. The company's pretax income was $426.5 million, down from $455.8 million earned in the first quarter of 2024. Despite these challenges, PACCAR is making progress on substantially resolving the EU civil litigation and is investing in new truck models, advanced manufacturing, and technology-enabled aftermarket solutions to support customers' growth. The company's global truck markets are being affected by uncertain economic conditions and the impact of new tariffs, but its industry-leading trucks provide premium quality and low total cost of ownership. PACCAR Parts provides aftermarket parts and transportation solutions that cater to the needs of customers in various regions, including North America, Europe, and South America. The company's expansion into new markets and growth across the continent will continue to drive its success. Overall, PACCAR's financial performance is a testament to the company's commitment to innovation and customer satisfaction.
PACCAR Recognizes Top Performing Suppliers in North America
PACCAR Press Releases·Trucking·Mar 13, 2025
PACCAR Recognizes Top Performing Suppliers in North America
PACCAR's comprehensive Supplier Performance Management Program (SPM) evaluates supplier achievements in product development, operations, aftermarket support, and alignment with PACCAR's key business objectives. The program drives collaboration and continuous improvement between PACCAR and its suppliers, leading to performance enhancements and product innovations. Each year, PACCAR recognizes its top performing suppliers in the SPM Program, awarding them Master, Leader, or Achiever status. This recognition is given to suppliers that demonstrate exceptional performance in these areas. The 2024 SPM Leaders are Horton, Inc., Jost International, Hydro, Superior Trim, and the 2024 SPM Achievers include ConMet, LEONI Wiring Systems, Inc., Continental Automotive Systems, Inc, Lincoln Industries, Continental Tire, Link Manufacturing, Ltd, Cummins Emission Solutions, MAHLE Industries, Incorporated, Cummins Inc., MSSL Wiring System Inc., Donaldson Company, Inc, NIC Global, East Penn Manufacturing Co., Paramont Mfg LLC, Flexfab, LLC, PKC Group North America, Grakon LLC, Ryerson, GRA-MAG Truck Interiors, LLC, SAF-Holland, Inc., HORIKIRI, Inc. / Mitsui & Co., Inc., and other suppliers who have made significant contributions to PACCAR's success. PACCAR values its relationship with these suppliers and is proud to honor their achievements.
PACCAR Achieves Strong Annual Revenues and Net Income
PACCAR Press Releases·Trucking·Jan 28, 2025
PACCAR Achieves Strong Annual Revenues and Net Income
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. The company achieved record annual pre-tax income for PACCAR Parts, with pretax income reaching $1.71 billion, four percent higher than the previous year. PACCAR Financial Services also delivered good annual results, with pretax profit reaching $435.6 million. The company's strong balance sheet and consistent focus on quality enabled it to invest $8.6 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. The company's quarterly revenues were $7.91 billion in the fourth quarter of 2024, compared to $9.08 billion reported in the same period in 2023. PACCAR earned $872.0 million ($1.66 per diluted share) in the fourth quarter of 2024, compared to $1.42 billion ($2.70 per diluted share) earned in the fourth quarter of 2023. The company achieved strong revenues of $33.66 billion in 2024, compared to revenues of $35.13 billion in 2023. PACCAR declared cash dividends of $4.17 per share during 2024, including a $3.00 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. The company's global truck markets achieved excellent U.S. and Canada Class 8 retail sales market share of 30.7% 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.
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