Paccar (PCAR) Net Margin (2009 - 2026)
Paccar (PCAR) posted quarterly Net Margin of 9.96% for Q2 2026, up 33.0% year-over-year from 7.49% in Q2 2025, and up 11.56% quarter-over-quarter from 8.93% in Q1 2026.
Analysis
Paccar (PCAR) Net Margin (2009 - 2026) Analysis & Trends
Paccar (PCAR) has reported Net Margin for 18 consecutive years, with 9.96% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 33.0% year-over-year to 9.96%; the TTM figure through Jun 2026 stood at 9.0% (down 62.0% YoY), while the FY2025 annual figure was 8.35%, down 378.0% from the prior year.
- Net Margin climbed to 9.96% in Q2 2026 per PCAR's latest filing, from 8.93% in the prior quarter.
- Across five years, Net Margin topped out at 14.13% in Q3 2023 and bottomed at 26.84% in Q4 2022.
- Historically, Net Margin has averaged 8.49% across 5 years, with a median of 9.99% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 3148 bps — and 2023, when it soared 3911 bps.
- Paccar's Net Margin stood at 26.84% in 2022, then soared by 146 bps to 12.27% in 2023, then dropped by 18 bps to 10.02% in 2024, then dropped by 19 bps to 8.16% in 2025, then rose by 22 bps to 9.96% in 2026.
- Business Quant data shows PCAR's Net Margin at 9.96% in Q2 2026, 8.93% in Q1 2026, and 8.16% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 17.49% |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 10.73% |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 9.96% |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | 2.69% |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 6.26% |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 2.60% |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 4.92% |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 36.13% |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 6.86% |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 9.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.96% |
| Mar 31, 2026 | 8.93% |
| Dec 31, 2025 | 8.16% |
| Sep 30, 2025 | 8.84% |
| Jun 30, 2025 | 9.64% |
| Mar 31, 2025 | 6.79% |
| Dec 31, 2024 | 10.02% |
| Sep 30, 2024 | 11.80% |
| Jun 30, 2024 | 12.80% |
| Mar 31, 2024 | 13.67% |
| Dec 31, 2023 | 12.27% |
| Sep 30, 2023 | 14.13% |
| Jun 30, 2023 | 13.75% |
| Mar 31, 2023 | 8.66% |
| Dec 31, 2022 | -26.84% |
| Sep 30, 2022 | 10.90% |
| Jun 30, 2022 | 10.06% |
| Mar 31, 2022 | 9.28% |
| Dec 31, 2021 | 4.64% |
| Sep 30, 2021 | 7.39% |