Paccar (PCAR)
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
$124.70+0.15%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
QuarterlyIQ Insights · PCAR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks PCAR against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue investing $700-$750 million annually in capital projects to support manufacturing, technology, and facility expansions.
Stated as a priority in 6 of last 6 quarters. Capital expenditures guidance remained consistent at $700-$750 million for 2026, following $725-$775 million guidance in 2025. Actual quarterly capital investments were $171.9 million in 2025-Q1 and $226.8 million in 2025-Q2. The trajectory is delivering consistent capital investment aligned with stated guidance.
“Capital expenditures are projected to be in the range of $700-$750 million in 2026.”
“Capital expenditures are projected to be in the range of $725-$775 million in 2026.”
“PACCAR estimates that it will invest $725-$775 million in capital projects in 2026.”
“Capital expenditures are projected to be in the range of $750-$775 million in 2025.”
“Capital investments of $226.8 million in the second quarter of 2025.”
“Capital investment of $171.9 million in the first quarter of 2025.”
Maintain research and development expenses in the range of $450-$480 million annually to support next generation powertrains and advanced technologies.
Stated as a priority in 6 of last 6 quarters. R&D expense guidance remained steady at $450-$480 million for 2026, following $450-$500 million guidance in 2025. Actual quarterly R&D expenses were $115.4 million in 2025-Q1 and $112.9 million in 2025-Q2. The trajectory shows consistent investment in R&D aligned with management's stated priorities.
Develop and launch next generation battery-electric trucks across Kenworth, Peterbilt, and DAF brands for various applications including regional haul and vocational segments.
Stated as a priority in 4 of last 6 quarters. Management highlighted launches and expansions of battery-electric trucks across Kenworth, Peterbilt, and DAF brands. Specific product introductions include DAF XG Electric trucks and Peterbilt Freedom 250. While no precise sales or revenue figures are provided, the recurring focus and product launches indicate ongoing delivery on this strategic priority.
“Peterbilt proudly unveiled the Freedom 250 Special Edition Model 589 truck.”
Continue to increase PACCAR Parts revenues and maintain strong profitability through investments in distribution centers and transportation solutions.
Stated as a priority in 6 of last 6 quarters. PACCAR Parts revenue increased from $1.69 billion in 2025-Q1 to a record $1.75 billion in 2026-Q2. Pretax income remained strong at $417 million in 2026-Q2. Management consistently emphasized investments in parts distribution centers and transportation solutions. The trajectory shows steady revenue growth and maintained profitability, delivering on the stated priority.
Sustain PACCAR Financial Services' profitability and portfolio quality with competitive financing and expanded used truck sales.
Stated as a priority in 6 of last 6 quarters. PACCAR Financial Services pretax income ranged from $114.9 million in 2025-Q4 to $124.1 million in 2026-Q2, showing stable profitability. Management highlighted steady finance margins and an improving used truck market. The trajectory is delivering consistent financial services performance aligned with management's stated goals.
Over the trailing year it converted 1.22x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=6654).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity, the US dollar (low R² over the window).
7 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated stable grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=2546).
Not investment advice. As of 2026-09-04.
“Research and development expenses are estimated to be in the range $450-$480 million in 2026.”
“Research and development expenses are estimated to be in the range $450-$500 million in 2026.”
“PACCAR estimates $450-$500 million in research and development expenses in 2026.”
“Research and development expenses are estimated to be in the range $450-$465 million in 2025.”
“R&D expenses of $112.9 million in the second quarter of 2025.”
“R&D expense of $115.4 million in the first quarter of 2025.”
“DAF Trucks introduced new DAF XG and XG + Electric trucks.”
“Kenworth and Peterbilt achieved next generation battery electric trucks launch.”
“Kenworth and Peterbilt showcased next generation electric trucks at ACT Expo.”
“PACCAR Parts achieved record revenues of $1.75 billion in the second quarter.”
“PACCAR Parts revenue of $1.71 billion in the first quarter.”
“PACCAR Parts achieved record quarterly revenues of $1.74 billion.”
“PACCAR Parts revenues of $1.72 billion in the third quarter.”
“PACCAR Parts delivered record quarterly revenue of $1.72 billion.”
“PACCAR Parts revenues of $1.69 billion in the first quarter.”
“PACCAR Financial Services earned pretax income of $124.1 million in 2026-Q2.”
“PFS pretax income of $115.5 million in 2026-Q1.”
“PACCAR Financial Services pretax income of $114.9 million in 2025-Q4.”
“PFS pretax income of $126.2 million in 2025-Q3.”
“PACCAR Financial Services pretax income of $123.2 million in 2025-Q2.”
“PFS pretax income of $121.1 million in 2025-Q1.”