Paccar (PCAR) Operating Margin (2009 - 2026)

Paccar (PCAR) reported Operating Margin of 63.36% for Q1 2026, down 7873.0% year-over-year from 0.82% in Q1 2025, and up 2.52% quarter-over-quarter from 65.0% in Q4 2025.

Paccar (PCAR) Operating Margin (2009 - 2026) Analysis & Trends

Paccar (PCAR) has 18 years of Operating Margin data on file, last reported at 63.36% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 63.36%, down 7873.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.22% (down 4342.0% YoY), and the FY2025 annual result was 2.23%, down 114.0% from the prior year.
  • Operating Margin rose to 63.36% in Q1 2026 per PCAR's latest filing, from 65.0% in the prior quarter.
  • Over five years, Operating Margin peaked at 96.8% in Q2 2022 and troughed at 188.37% in Q4 2022.
  • A 5-year average of 13.13% and a median of 15.29% in 2022 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 48683 bps in 2022, then jumped 21238 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 188.37% in 2022, then surged by 113 bps to 24.01% in 2023, then tumbled by 348 bps to 59.58% in 2024, then fell by 9 bps to 65.0% in 2025, then increased by 3 bps to 63.36% in 2026.
  • Business Quant data shows PCAR's Operating Margin at 63.36% in Q1 2026, 65.0% in Q4 2025, and 13.3% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 17.71%
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 16.73%
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn -63.36%
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 3.54%
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn -4.73%
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 11.09%
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 10.11%
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 8.41%
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 2.27%
10 Hyster-Yale 613.93 Mn 618.23 Mn 124.80 Mn -3.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 -63.36%
Dec 31, 2025 -65.00%
Sep 30, 2025 13.30%
Jun 30, 2025 -62.88%
Mar 31, 2025 15.37%
Dec 31, 2024 -59.58%
Sep 30, 2024 16.78%
Jun 30, 2024 18.25%
Mar 31, 2024 -55.23%
Dec 31, 2023 24.01%
Sep 30, 2023 21.04%
Jun 30, 2023 20.23%
Mar 31, 2023 13.48%
Dec 31, 2022 -188.37%
Sep 30, 2022 16.69%
Jun 30, 2022 96.80%
Mar 31, 2022 15.29%
Dec 31, 2021 298.46%
Sep 30, 2021 -66.09%
Jun 30, 2021 -62.87%