PACCAR Historical Income Statement

PCAR Stock

USD 114.05 4.06 3.69%

Historical analysis of PACCAR income statement accounts such as Other Operating Expenses of 29.3 B, Operating Income of 5.7 B, EBIT of 5.7 B or Ebitda of 5.7 B can show how well PACCAR Inc performed in making a profits. Evaluating PACCAR income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of PACCAR's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

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Covid

Financial Statement Analysis is much more than just reviewing and examining PACCAR Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether PACCAR Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACCAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About PACCAR Income Statement Analysis

PACCAR Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to PACCAR shareholders. The income statement also shows PACCAR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

PACCAR Income Statement Chart

At this time, PACCAR's Cost Of Revenue is relatively stable compared to the past year. As of 11/21/2024, Income Before Tax is likely to grow to about 5.1 B, while Total Operating Expenses is likely to drop slightly above 703.6 M.

Total Revenue Gross Profit Operating Income Ebitda Income Tax Expense Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts PACCAR Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of PACCAR Inc minus its cost of goods sold. It is profit before PACCAR operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from PACCAR Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of PACCAR Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from PACCAR's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into PACCAR Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACCAR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Interest Expense	1.1B	109.1M	520.4M	293.0M
Depreciation And Amortization	867.8M	807.1M	923.9M	970.1M

Interest Expense Depreciation And Amortization

PACCAR income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		-0.01	0.4	0.37	0.39	0.31	0.04	0.27	0.39	0.24	0.38	-0.07	0.38	0.04	0.28	0.25	0.37	0.22	0.26	0.7	-0.38	-0.45
Interest Expense	-0.01		0.01	-0.02	0.03	0.05	0.11	0.12	0.02	0.17	-0.16	-0.52	-0.15	-0.12	0.07	0.18	-0.17	0.04	-0.37	-0.41	-0.33	-0.06
Total Revenue	0.4	0.01		0.98	0.99	0.95	0.9	0.96	0.99	0.65	0.97	-0.33	0.94	0.28	0.86	0.76	0.95	0.89	0.37	0.29	-0.43	-0.77
Gross Profit	0.37	-0.02	0.98		0.95	0.98	0.93	0.96	0.95	0.54	0.98	-0.42	0.97	0.18	0.78	0.7	0.96	0.87	0.49	0.38	-0.41	-0.78
Other Operating Expenses	0.39	0.03	0.99	0.95		0.91	0.87	0.95	1.0	0.73	0.94	-0.26	0.9	0.36	0.89	0.79	0.92	0.88	0.3	0.22	-0.4	-0.75
Operating Income	0.31	0.05	0.95	0.98	0.91		0.95	0.96	0.91	0.45	0.94	-0.56	0.94	0.13	0.72	0.63	0.93	0.85	0.5	0.34	-0.41	-0.77
Ebit	0.04	0.11	0.9	0.93	0.87	0.95		0.96	0.88	0.51	0.87	-0.54	0.86	0.21	0.71	0.64	0.86	0.82	0.37	0.07	-0.31	-0.63
Ebitda	0.27	0.12	0.96	0.96	0.95	0.96	0.96		0.95	0.64	0.91	-0.48	0.87	0.34	0.79	0.72	0.88	0.82	0.36	0.16	-0.34	-0.69
Cost Of Revenue	0.39	0.02	0.99	0.95	1.0	0.91	0.88	0.95		0.72	0.95	-0.27	0.91	0.36	0.89	0.79	0.92	0.88	0.31	0.23	-0.41	-0.76
Total Operating Expenses	0.24	0.17	0.65	0.54	0.73	0.45	0.51	0.64	0.72		0.52	0.07	0.42	0.66	0.87	0.91	0.46	0.48	0.06	-0.14	-0.14	-0.31
Income Before Tax	0.38	-0.16	0.97	0.98	0.94	0.94	0.87	0.91	0.95	0.52		-0.27	0.99	0.18	0.8	0.67	0.99	0.91	0.49	0.42	-0.39	-0.81
Total Other Income Expense Net	-0.07	-0.52	-0.33	-0.42	-0.26	-0.56	-0.54	-0.48	-0.27	0.07	-0.27		-0.31	0.22	-0.06	-0.09	-0.26	-0.24	-0.29	-0.05	0.32	0.3
Net Income	0.38	-0.15	0.94	0.97	0.9	0.94	0.86	0.87	0.91	0.42	0.99	-0.31		0.03	0.74	0.62	1.0	0.91	0.51	0.46	-0.44	-0.82
Income Tax Expense	0.04	-0.12	0.28	0.18	0.36	0.13	0.21	0.34	0.36	0.66	0.18	0.22	0.03		0.43	0.36	0.09	0.07	-0.06	-0.21	0.26	-0.01
Selling General Administrative	0.28	0.07	0.86	0.78	0.89	0.72	0.71	0.79	0.89	0.87	0.8	-0.06	0.74	0.43		0.94	0.77	0.8	0.34	0.12	-0.36	-0.65
Research Development	0.25	0.18	0.76	0.7	0.79	0.63	0.64	0.72	0.79	0.91	0.67	-0.09	0.62	0.36	0.94		0.65	0.65	0.32	0.05	-0.32	-0.49
Net Income From Continuing Ops	0.37	-0.17	0.95	0.96	0.92	0.93	0.86	0.88	0.92	0.46	0.99	-0.26	1.0	0.09	0.77	0.65		0.92	0.49	0.44	-0.42	-0.82
Non Operating Income Net Other	0.22	0.04	0.89	0.87	0.88	0.85	0.82	0.82	0.88	0.48	0.91	-0.24	0.91	0.07	0.8	0.65	0.92		0.31	0.26	-0.38	-0.86
Tax Provision	0.26	-0.37	0.37	0.49	0.3	0.5	0.37	0.36	0.31	0.06	0.49	-0.29	0.51	-0.06	0.34	0.32	0.49	0.31		0.69	-0.11	-0.34
Interest Income	0.7	-0.41	0.29	0.38	0.22	0.34	0.07	0.16	0.23	-0.14	0.42	-0.05	0.46	-0.21	0.12	0.05	0.44	0.26	0.69		-0.24	-0.48
Net Interest Income	-0.38	-0.33	-0.43	-0.41	-0.4	-0.41	-0.31	-0.34	-0.41	-0.14	-0.39	0.32	-0.44	0.26	-0.36	-0.32	-0.42	-0.38	-0.11	-0.24		0.55
Reconciled Depreciation	-0.45	-0.06	-0.77	-0.78	-0.75	-0.77	-0.63	-0.69	-0.76	-0.31	-0.81	0.3	-0.82	-0.01	-0.65	-0.49	-0.82	-0.86	-0.34	-0.48	0.55

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PACCAR Account Relationship Matchups

PACCAR income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	901.5M	867.8M	807.1M	923.9M	970.1M
Interest Expense	206.6M	1.2B	1.1B	109.1M	520.4M	293.0M
Total Revenue	25.6B	18.7B	23.5B	28.8B	35.1B	36.9B
Gross Profit	4.0B	2.5B	3.3B	4.8B	6.4B	6.7B
Other Operating Expenses	22.6B	17.2B	21.2B	25.1B	27.9B	29.3B
Operating Income	2.9B	1.5B	2.3B	3.6B	5.4B	5.7B
Ebit	4.0B	1.7B	2.4B	3.6B	5.4B	5.7B
Ebitda	4.0B	2.6B	3.3B	4.4B	5.4B	5.7B
Cost Of Revenue	21.6B	16.3B	20.2B	24.1B	26.9B	28.2B
Total Operating Expenses	1.0B	884.1M	1.0B	1.1B	1.0B	703.6M
Income Before Tax	3.1B	1.7B	2.4B	3.8B	4.9B	5.1B
Total Other Income Expense Net	206.6M	54.1M	9.6M	69.5M	(520.4M)	(494.4M)
Net Income	2.4B	1.3B	1.9B	3.0B	4.6B	4.8B
Income Tax Expense	711.3M	359.5M	526.5M	837.1M	284.9M	360.6M
Selling General Administrative	698.5M	581.4M	676.8M	726.3M	754M	614.3M
Research Development	326.6M	273.9M	324.1M	341.2M	410.9M	251.6M
Net Income Applicable To Common Shares	2.4B	1.3B	1.9B	3.0B	3.5B	3.6B
Net Income From Continuing Ops	2.4B	1.3B	1.9B	3.0B	4.1B	4.3B
Non Operating Income Net Other	124.3M	90M	88.1M	170.1M	195.6M	205.4M
Tax Provision	711.3M	359.5M	526.5M	837.1M	1.1B	737.9M
Interest Income	42M	54.1M	72.6M	120.4M	138.5M	145.4M
Net Interest Income	42M	54.1M	(1.0B)	109.1M	(525.1M)	(498.8M)
Reconciled Depreciation	1.1B	1.0B	903.3M	790.2M	883M	784.5M

Pair Trading with PACCAR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PACCAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PACCAR will appreciate offsetting losses from the drop in the long position's value.

Moving against PACCAR Stock

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0.73	TWI	Titan International	Pair Corr
0.65	ARTW	Arts Way Manufacturing	Pair Corr

The ability to find closely correlated positions to PACCAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PACCAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PACCAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PACCAR Inc to buy it.

The correlation of PACCAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PACCAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PACCAR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for PACCAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for PACCAR Stock Analysis

When running PACCAR's price analysis, check to measure PACCAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.

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PACCAR Historical Income Statement

About PACCAR Income Statement Analysis

PACCAR Income Statement Chart

Total Revenue

Gross Profit

Operating Income

PACCAR income statement Correlations

PACCAR Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PACCAR income statement Accounts

Pair Trading with PACCAR

Moving against PACCAR Stock

Additional Tools for PACCAR Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income From Continuing Ops	+ 1.0	Net Income
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax

Reconciled Depreciation	- 0.86	Non Operating Income Net Other
Reconciled Depreciation	- 0.82	Net Income From Continuing Ops
Reconciled Depreciation	- 0.82	Net Income
Reconciled Depreciation	- 0.81	Income Before Tax
Reconciled Depreciation	- 0.78	Gross Profit
Reconciled Depreciation	- 0.77	Operating Income