PACCAR Inc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.44B | $33.66B | $35.13B | $28.82B | $23.52B | $18.73B | $25.60B | $23.50B |
| Cost of Revenue | $22.74B | $26.07B | $26.89B | $23.29B | — | — | — | — |
| Gross Profit | $5.71B | $7.59B | $8.23B | $5.53B | — | — | — | — |
| Gross Margin | 20.1% | 22.6% | 23.4% | 19.2% | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $445.5M | $452.9M | $410.9M | $341.2M | — | — | — | — |
| SG&A Expense | $735.8M | $744.0M | $753.3M | $726.3M | — | — | — | — |
| Operating Income | $3.02B | $5.40B | $5.72B | $3.85B | $2.40B | $1.66B | $3.10B | $2.81B |
| Operating Margin | 10.6% | 16.0% | 16.3% | 13.4% | 10.2% | 8.9% | 12.1% | 12.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $3.02B | $5.40B | $5.72B | $3.85B | $2.40B | $1.66B | $3.10B | $2.81B |
| Income Tax Expense | $647.7M | $1.24B | $1.12B | $837.1M | $530.8M | $360.4M | $711.3M | $615.1M |
| Net Income | $2.38B | $4.16B | $4.60B | $3.01B | $1.87B | $1.30B | $2.39B | $2.20B |
| Net Margin | 8.4% | 12.4% | 13.1% | 10.4% | 7.9% | 6.9% | 9.3% | 9.3% |
| EPS (Basic) | $4.52 | $7.92 | $8.78 | $5.76 | $3.58 | $2.50 | $6.88 | $6.25 |
| EPS (Diluted) | $4.51 | $7.90 | $8.76 | $5.75 | $3.57 | $2.50 | $6.87 | $6.24 |
| Shares Outstanding (Basic) | 525.9M | 525.3M | 523.9M | 522.6M | 521.7M | 520.2M | 346.9M | 351.0M |
| Shares Outstanding (Diluted) | 526.8M | 526.6M | 525.0M | 523.4M | 522.7M | 521.2M | 347.5M | 351.8M |
| Dividends Per Share | $2.72 | $4.17 | $4.24 | $2.80 | — | — | — | — |