Paccar (PCAR) Gross Margin (2009 - 2026)
Paccar (PCAR) posted quarterly Gross Margin of 20.64% for Q2 2026, up 47.0% year-over-year from 14.04% in Q2 2025, and up 2.85% quarter-over-quarter from 20.07% in Q1 2026.
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Paccar (PCAR) Gross Margin (2009 - 2026) Analysis & Trends
Paccar (PCAR) has reported Gross Margin for 18 consecutive years, with 20.64% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 47.0% year-over-year to 20.64%; the TTM figure through Jun 2026 stood at 19.99% (down 120.0% YoY), while the FY2025 annual figure was 20.07%, down 249.0% from the prior year.
- Gross Margin advanced to 20.64% in Q2 2026 per PCAR's latest filing, from 20.07% in the prior quarter.
- Across five years, Gross Margin topped out at 306.43% in Q4 2022 and bottomed at 18.34% in Q1 2022.
- Historically, Gross Margin has averaged 37.1% across 5 years, with a median of 21.24% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin surged 28969 bps — and 2023, when it sank 28270 bps.
- Paccar's Gross Margin stood at 306.43% in 2022, then tumbled by 92 bps to 23.73% in 2023, then declined by 9 bps to 21.65% in 2024, then slipped by 11 bps to 19.29% in 2025, then rose by 7 bps to 20.64% in 2026.
- Business Quant data shows PCAR's Gross Margin at 20.64% in Q2 2026, 20.07% in Q1 2026, and 19.29% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 37.78% |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 97.70% |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 20.64% |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | 29.29% |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 16.48% |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 24.75% |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 19.84% |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 19.99% |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 24.59% |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 29.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.64% |
| Mar 31, 2026 | 20.07% |
| Dec 31, 2025 | 19.29% |
| Sep 30, 2025 | 19.88% |
| Jun 30, 2025 | 20.17% |
| Mar 31, 2025 | 20.84% |
| Dec 31, 2024 | 21.65% |
| Sep 30, 2024 | 21.99% |
| Jun 30, 2024 | 22.80% |
| Mar 31, 2024 | 23.68% |
| Dec 31, 2023 | 23.73% |
| Sep 30, 2023 | 23.80% |
| Jun 30, 2023 | 22.85% |
| Mar 31, 2023 | 23.37% |
| Dec 31, 2022 | 306.43% |
| Sep 30, 2022 | 19.40% |
| Jun 30, 2022 | 18.83% |
| Mar 31, 2022 | 18.34% |
| Dec 31, 2021 | 16.74% |
| Sep 30, 2021 | 18.86% |