GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (NAS:PCAR) » Definitions » Net Income

PCAR (PACCAR) Net Income : $4,162 Mil (TTM As of Dec. 2024)


View and export this data going back to 1986. Start your Free Trial

What is PACCAR Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. PACCAR's Net Income for the three months ended in Dec. 2024 was $872 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $4,162 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. PACCAR's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $1.65.


PACCAR Net Income Historical Data

The historical data trend for PACCAR's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PACCAR Net Income Chart

PACCAR Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,301.20 1,865.50 3,011.60 4,600.80 4,162.00

PACCAR Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,417.30 1,195.30 1,122.60 972.10 872.00

PACCAR Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

PACCAR's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5400.9+-1238.9+0+0
=4,162

PACCAR's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1149.3+-277.3+0+0
=872

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,162 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PACCAR  (NAS:PCAR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

PACCAR's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


PACCAR Net Income Related Terms

Thank you for viewing the detailed overview of PACCAR's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


PACCAR Business Description

Address
777-106th Avenue North East, Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
Executives
Michael K Walton officer: VICE PRESIDENT/GENERAL COUNSEL 777 106TH AVENUE NE, BELLEVUE WA 98004
Harrie Schippers officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Todd R Hubbard officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
R Preston Feight officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Darrin C Siver officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Kevin D Baney officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Brice J Poplawski officer: Vice President & Controller 777 106TH AVE. NE, BELLEVUE WA 98004
Mark C Pigott director, officer: CHAIRMAN & CEO
Michael T Barkley officer: VICE PRESIDENT/CONTROLLER 777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
C Michael Dozier officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath director 777 106TH AVENUE NE, BELLEVUE WA 98004