PCAR Paccar margins

Relative Growth: Rel. Growth: 35

Relative Strength: Rel. Strength: 46

Relative Valuation: Rel. Valuation: 50

Relative Profitability: Rel. Profitability: 48

Gross margin

20%

Operating margin

12.8%

EBITDA margin

15.7%

Net margin

The Paccar reports a gross margin of 20%, an operating margin of 12.8%, an EBITDA margin of 15.7%, and a net margin of 9%. Operating margin led the decline across the available margins, contracting by 2.1 percentage points.

PCAR margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Paccar's margins averaged 21.81% gross, 15.65% operating, 17.55% EBITDA, and 11.22% net. Each of the four current margins is below its three-year average.

PCAR margin expansion

Year-over-year margin changes in percentage points

Operating margin led the decline, falling by 2.1 percentage points, while the other available margins also decreased.

Gross margin expansion

-1.2pp

Operating margin expansion

-2.1pp

EBITDA margin expansion

-0.8pp

Net margin expansion

-0.9pp

PCAR Gross margin

In the last 3 years, Paccar had an average gross margin of 21.81%. The current gross margin stands at 20%, 1.8 percentage points below its three-year average. Looking back over the last 3 years, Paccar's gross margin reached 23.5% at its highest point in Jun 2024 and 19.9% at its lowest in Mar 2026.

PCAR Operating margin

Throughout the last 3 years, Paccar had an average operating margin of 15.65%. Against its three-year average, Paccar's operating margin is currently 12.8%, 2.9 percentage points below its three-year average. Looking back over the last 3 years, Paccar's operating margin reached 18.4% at its highest point in Dec 2023 and 12.7% at its lowest in Mar 2026.

PCAR EBITDA margin

Paccar's EBITDA margin averaged 17.55% in the last 3 years. Against its three-year average, Paccar's EBITDA margin is currently 15.7%, 1.9 percentage points below its three-year average. Over the last 3 years, Paccar's EBITDA margin peaked at 20.3% in Mar 2024 and reached a low of 14.8% in Dec 2025.

PCAR Net margin

Paccar recorded an average net margin of 11.22% across the last 3 years. Paccar currently reports a net margin of 9%, 2.2 percentage points below its three-year average. Paccar's net margin ranged from a low of 8.4% in Dec 2025 to a high of 14.3% in Mar 2024.

PCAR margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 20%, PCAR is below the Industrials sector and the industry average. Compared to its Industrials sector average of 32.7%, Paccar's gross margin is 39% lower.

PCAR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Paccar's gross margin?

The current gross margin for PCAR is 20% as of Jun 30, 2026.

What is Paccar's operating margin?

As of Jun 30, 2026, PCAR has an operating margin of 12.8%.

What is Paccar's EBITDA margin?

As of Jun 30, 2026, PCAR has an EBITDA margin of 15.7%.

What is Paccar's net margin?

For the period ending Jun 30, 2026, PCAR recorded a net margin of 9%.

What are the average margins of PCAR?

Over the last 3 years, Paccar's margins averaged 21.8% gross, 15.7% operating, 17.6% EBITDA, and 11.2% net.

What are the highest historical margins of PCAR?

Within the 5-year period, PCAR recorded its highest margins at 23.5% gross in Jun 2024, 18.4% operating in Dec 2023, 20.3% EBITDA in Mar 2024, and 14.3% net in Mar 2024.

What are the lowest historical margins of PCAR?

Over this 5-year history, Paccar's margins fell as low as 18.2% gross in Jun 2022, 10.5% operating in Dec 2021, 14.7% EBITDA in Dec 2021, and 7.9% net in Dec 2021.