PCAR Paccar margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 51

Gross margin

20.1%

Operating margin

13.3%

EBITDA margin

16.2%

Net margin

9.5%

The Paccar reports a gross margin of 20.1%, an operating margin of 13.3%, an EBITDA margin of 16.2%, and a net margin of 9.5%. Among the available margins, EBITDA margin improved the most and operating margin declined the most, by 0.5 and 0.7 percentage points respectively.

PCAR margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Paccar's margins averaged 21.67% gross, 15.46% operating, 17.44% EBITDA, and 11.08% net. Each of the four current margins is below its three-year average.

PCAR margin expansion

Year-over-year margin changes in percentage points

The largest gain was in EBITDA margin, up 0.5 percentage points. Net margin also expanded by 0.4 percentage points, while gross margin contracted by 0.6 percentage points and operating margin by 0.7 percentage points.

Gross margin expansion

-0.6pp

Operating margin expansion

-0.7pp

EBITDA margin expansion

0.5pp

Net margin expansion

0.4pp

PCAR Gross margin

In the last 3 years, Paccar had an average gross margin of 21.67%. The current gross margin stands at 20.1%, 1.6 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 15.46%. Against its three-year average, Paccar's operating margin is currently 13.3%, 2.2 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 17.44% in the last 3 years. Against its three-year average, Paccar's EBITDA margin is currently 16.2%, 1.2 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 11.08% across the last 3 years. Paccar currently reports a net margin of 9.5%, 1.6 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 20.1%, PCAR is below the Industrials sector and the industry average. Compared to its Industrials sector average of 32.5%, Paccar's gross margin is 38% 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 20.1% as of Sep 30, 2026.

What is Paccar's operating margin?

As of Sep 30, 2026, PCAR has an operating margin of 13.3%.

What is Paccar's EBITDA margin?

As of Sep 30, 2026, PCAR has an EBITDA margin of 16.2%.

What is Paccar's net margin?

For the period ending Sep 30, 2026, PCAR recorded a net margin of 9.5%.

What are the average margins of PCAR?

Over the last 3 years, Paccar's margins averaged 21.7% gross, 15.5% operating, 17.4% EBITDA, and 11.1% 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.