Paccar (PCAR) Operating Expenses (2009 - 2026)
Paccar (PCAR) recorded Operating Expenses of $6.65 billion in Q2 2026, down 0.2% from $6.66 billion a year earlier but up 9.4% from the prior quarter.
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Analysis
Paccar (PCAR) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Paccar's Operating Expenses came in at $24.95 billion as of Jun 30, 2026, down 9.3% year-over-year; for FY2025, it was $25.77 billion, down 10.1% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $28.66 billion in FY2024 (-3.5%), $29.7 billion in FY2023 (+18.7%), $25.03 billion in FY2022 (+18.4%) and $21.14 billion in FY2021 (+23.6%).
- Quarterly Operating Expenses has ranged from $4.66 billion in Q3 2021 to $7.6 billion in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Expenses has declined for eight consecutive quarters, with an average decline of 7.8% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 33.4% in Q1 2023, against a decline of 45.6% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.08 billion (Q1 2026), $6.2 billion (Q4 2025) and $6.02 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | 963.40 Mn |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 10.73 Bn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 1.46 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | 874.00 Mn |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | 1.34 Bn |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | 490.50 Mn |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 5.52 Bn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | - |
| 10 | Paccar | 56.42 Bn | 19.43 Bn | 1.56 Bn | 6.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.65 Bn |
| Mar 31, 2026 | 6.08 Bn |
| Dec 31, 2025 | 6.20 Bn |
| Sep 30, 2025 | 6.02 Bn |
| Jun 30, 2025 | 6.66 Bn |
| Mar 31, 2025 | 6.88 Bn |
| Dec 31, 2024 | 6.86 Bn |
| Sep 30, 2024 | 7.09 Bn |
| Jun 30, 2024 | 7.41 Bn |
| Mar 31, 2024 | 7.30 Bn |
| Dec 31, 2023 | 7.54 Bn |
| Sep 30, 2023 | 7.19 Bn |
| Jun 30, 2023 | 7.38 Bn |
| Mar 31, 2023 | 7.60 Bn |
| Dec 31, 2022 | 6.99 Bn |
| Sep 30, 2022 | 6.10 Bn |
| Jun 30, 2022 | 6.24 Bn |
| Mar 31, 2022 | 5.70 Bn |
| Dec 31, 2021 | 6.03 Bn |
| Sep 30, 2021 | 4.66 Bn |
API Access
Paccar Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PCAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PCAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PCAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();