Sector: Industrials | Industry: Heavy Machinery & Vehicles |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 777 106th Avenue NE BELLEVUE WA 98004 |
Tel: | N/A |
Website: | https://www.paccar.com |
IR: | See website |
Key People | ||
Mark C. Pigott Executive Chairman of the Board | Laura J. Bloch Vice President - PACCAR, General Manager - PACCAR Parts | Harrie C.A.M. Schippers President, Chief Financial Officer |
R. Preston Feight Chief Executive Officer, Director | Paulo Bolgar Chief Human Resource Officer, Vice President | C. Michael Dozier Executive Vice President |
Darrin C. Siver Executive Vice President | John N. Rich Chief Technology Officer, Vice President | Alma Lily Ley Chief Information Officer, Vice President | Michael K. Walton Vice President, General Counsel |
Business Overview |
PACCAR Inc is a multinational company, which has three segments. The Truck segment includes the designing, manufacturing and distribution of light-, medium- and heavy-duty commercial trucks. Heavy-duty trucks have a gross vehicle weight (GVW) of over 33,000 lbs in North America and over 16 metric tons in Europe and South America. Medium-duty trucks have a GVW ranging from 19,500 to 33,000 lbs in North America, and in Europe, light- and medium-duty trucks range between 6-16 metric tons. Trucks are configured with the engine in front of cab (conventional) or cab-over-engine. The Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles. The Financial Services segment includes finance and leasing products and services provided to customers and dealers. Its finance and leasing activities are principally related to the Company's products and associated equipment. Its other business includes the manufacturing and marketing of industrial winches. |
Financial Overview |
For the fiscal year ended 31 December 2023, PACCAR Inc revenues increased 22% to $35.13B. Net income increased 53% to $4.6B. Revenues reflect Truck segment increase of 25% to $26.85B, Parts segment increase of 11% to $6.41B, United States segment increase of 23% to $18.84B, Other segment increase of 27% to $7.54B. Net income benefited from Investment income (loss) increase from $61M to $292.2M (income). Dividend per share increased from $2.79 to $4.24. |
Employees: | 32,400 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $72,271M as of Dec 31, 2023 |
Annual revenue (TTM): | $35,127M as of Dec 31, 2023 |
EBITDA (TTM): | $7,371M as of Dec 31, 2023 |
Net annual income (TTM): | $4,601M as of Dec 31, 2023 |
Free cash flow (TTM): | $1,409M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $7,053M as of Dec 31, 2023 |
Shares outstanding: | 524,010,760 as of Mar 5, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |