PACCAR (HAM:PAE) Research & Development: €378 Mil (TTM As of Mar. 2026)

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HAM:PAE PACCAR Inc HAM:PAE
81 GF Score
Price €117.14
GF Value €75.89
! 7 Warning Signs
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What is PACCAR Research & Development?

PACCAR HAM:PAE +0.39% 81 Research & Development is €378 Mil as of Mar. 2026. GuruFocus rates HAM:PAE with a GF Score™ of 81/100 and a GF Value™ of €75.89. The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PACCAR's Research & Development for the three months ended in Mar. 2026 was €94 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €378 Mil.

PACCAR  (HAM:PAE) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

PACCAR Research & Development Related Terms

PACCAR Research & Development Historical Data

* Premium members only.

The historical data trend for PACCAR's Research & Development 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.

PACCAR Research & Development Chart

PACCAR Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 286.83 322.09 376.80 432.52 380.46

PACCAR Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 106.75 97.88 94.57 90.70 94.37
HAM:PAE
81GF Score
PACCAR Inc HAM:PAE
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PACCAR Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €378 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €378 Mil mean?
PACCAR (HAM:PAE) has a Research & Development of €378 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on PACCAR and its competitors.
Is PACCAR's Research & Development too high?
PACCAR's current Research & Development is €378 Mil. Overall, PACCAR has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does PACCAR's Research & Development compare to CNH and OSK?
PACCAR's Research & Development of €378 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Farm & Heavy Construction Machinery company?
A good Research & Development depends on the Farm & Heavy Construction Machinery industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on PACCAR and its competitors. PACCAR's current Research & Development is €378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PACCAR stock overvalued right now?
PACCAR (HAM:PAE) has a current Research & Development of €378 Mil. The stock's GF Value™ is €75.89, compared to a current price of €117.14 — trading 54.4% above its estimated fair value. The current Research & Development is €378 Mil. PACCAR's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For PACCAR (HAM:PAE), the current Research & Development is €378 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PACCAR (HAM:PAE) Overvalued in 2026?

Based on GuruFocus' analysis, PACCAR stock appears to be overvalued. The current stock price of €117.14 is trading 54.4% above its estimated GF Value™ of €75.89.

Key valuation signals for HAM:PAE:

  • Research & Development: €378 Mil
  • GF Value™: €75.89 vs. price of €117.14 (54.4% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the HAM:PAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PACCAR Business Description

Address 777 - 106th Avenue NE, Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium nameplates Kenworth and Peterbilt, which are primarily sold in the Americas and Australia, and DAF, which primarily services Europe and South America. The trucks segment (74% sales) goes to market through a network of 2,200 independent dealers. Paccar maintains an internal finance subsidiary that provides retail and wholesale financing for customers and dealers (6% sales). In recent years, Paccar has aggressively expanded its parts business (20% of sales), including engines, axles, and transmissions for its own truck brands as well as independent producers. The company commands 30% of the Class 8 market share in North America and 15% of the heavy-duty market share in Europe.
81GF Score

Get the complete analysis for HAM:PAE

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€117.14
Price
€75.89
GF Value