PACCAR Inc

NasdaqGS-PCAR

Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Income	2,690.9	4,162	4,600.8	3,011.6	1,865.5	1,301.2	2,387.9	2,195.1	1,675.2	521.7	1,604
Net Income
Depreciation & Amortization	264.2	916.9	923.9	790.2	633.8	1,049	1,077.3	1,054.1	808.4	993.1	907.1
Property, Plant and Equipment
Other Assets
Other Assets
Other Adjustments	113.1	-18.2	-253.2	-227.7	-238.5	-135.3	77.1	69.1	-200.9	-106.1	-59.1
Provision for Losses on Financial Services Receivables
Curtailment Gain
Gain on Sale of Property
Deferred Taxes
Other, Net
Pension Contributions
Changes in Trade Receivables	1,242	-321.8	-1,697.1	-1,377.1	-322.1	993	-592.5	-811.4	-465.7	339.8	-168.1
Trade and Other Receivables
Wholesale Receivables on New Trucks
Changes in Inventories	318.5	42.5	-350.7	-272.7	-628	-51.9	24.6	-332.7	-149.9	64.1	64.3
Inventories
Changes in Accounts Payable	-377.5	279.4	375.8	840.3	693.4	-53.6	-27.6	528.9	333.6	-8.6	-162.6
Accounts Payable and Accrued Expenses
Changes in Income Taxes Payable	10	—	—	—	—	—	—	—	—	—	—
Income Taxes, Warranty and Other
Changes in Unearned Revenue	—	-0.8	-36.8	-44.3	-82.4	-127.8	-179.7	275	166.3	155.9	242
Residual Value Guarantees and Deferred Revenues
Changes in Other Operating Activities	—	-419.1	627.3	306.7	-30.1	12.6	93.2	103.1	227.4	340.9	128.4
Sales-Type Finance Leases and Dealer Direct Loans on New Trucks
Other Assets, Net
Other Liabilities, Net
Cash from Operating Activities	4,717.2	4,640.9	4,190	3,027	2,186.7	2,987.2	2,860.3	2,992.3	2,715.8	2,300.8	2,556
Net Cash Provided by Operating Activities

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Capital Expenditure	-1,523.2	-1,745.6	-1,262.5	-1,390.5	-1,632.8	-1,638.4	-1,970.8	-1,952.3	-1,846.6	-1,964.9	-1,725.2
Payments for Property, Plant and Equipment
Acquisitions of Equipment for Operating Leases
Proceeds from Sale of Property, Plant & Equipment	674.8	696.1	614.5	687.7	904.1	601.9	638.1	653.7	470.7	433.8	448.8
Proceeds from Asset Disposals
Purchases of Investments	-1,970	-2,068.7	-967.2	-888.4	-903.1	-842.4	-850.6	-615.9	-970.3	-1,031.9	-1,329.8
Purchases of Marketable Debt Securities
Proceeds from Sale of Investments	1,561.9	1,103.2	803.6	718.1	727	597.8	715.5	931.5	779.5	1,304.8	1,035.5
Proceeds from Sales and Maturities of Marketable Debt Securities
Other Investing Activities	-1,310.9	-2,472.3	-2,059.4	-1,159.9	-457.9	-594.7	-739.6	-947.7	-397.9	-306.1	-404.2
Originations of Retail Loans and Finance Leases
Collections on Retail Loans and Finance Leases
Change in Wholesale Receivables on Equipment
Net Increase in Wholesale Receivables on Equipment
Contributions to Joint Venture
Other, Net
Cash from Investing Activities	-3,245.4	-4,487.3	-2,871	-2,033	-1,362.7	-1,875.8	-2,207.4	-1,930.7	-1,964.6	-1,564.3	-1,974.9
Net Cash Provided by Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Issuance of Long-Term Debt	2,861.9	3,891.2	3,085	3,171.7	2,101.1	2,150.1	2,504.3	2,339.9	1,670.2	1,994.8	1,993.2
Proceeds from Term Debt
Repayments of Long-Term Debt	-2,270.8	-2,473.1	-2,233.2	-2,265.8	-2,336.7	-1,898.5	-1,790	-1,755.3	-1,897.1	-1,625.1	-1,580.1
Payments on Term Debt
Net Issuance / (Repayments) of Long-Term Debt	591.1	1,418.1	851.8	905.9	-235.6	251.6	714.3	584.6	-226.9	369.7	413.1
Issuance of Common Shares	37.7	51.9	51.5	35.7	37.5	53.7	60.8	19.3	39.3	29.4	21.8
Proceeds from Stock Compensation Transactions
Repurchases of Common Shares	-35.5	-4.5	-3.5	-2.1	-1.5	-42.1	-110.2	-354.4	—	-70.5	-201.6
Purchases of Treasury Stock
Net Issuance / (Repurchases) of Common Shares	2.3	47.4	48	33.6	36	11.6	-49.4	-335.1	39.3	-41.1	-179.8
Common Share Dividends Paid	-2,251.1	-2,288.5	-1,518.6	-1,004.7	-708	-1,239.8	-1,138.6	-804.3	-558.3	-829.3	-680.5
Payments of Cash Dividends
Other Financing Activities	-387	699.9	1,721	370.1	24.7	-831.9	557.1	625.9	352.1	-322.8	250.7
Change in Commercial Paper, Short-Term Bank Loans and Other
Cash from Financing Activities	-2,044.5	-123.1	1,102.2	304.9	-882.9	-1,808.5	83.4	71.1	-393.8	-823.5	-196.5
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Free Cash Flow	3,194	2,895.3	2,927.5	1,636.5	553.9	1,348.8	889.5	1,040	869.2	335.9	830.8
NOPAT	4,307	5,388	6,242.2	4,056.5	3,110.9	2,463.5	3,432.5	3,160.1	2,590.3	1,053.5	2,402.1
Levered Free Cash Flow	1,974	4,653.4	5,729.6	4,147.2	583.8	742.7	2,119.2	2,455.8	987.5	471.9	1,471.1
Unlevered Free Cash Flow	2,999	4,461.3	6,519.2	4,286.2	2,064.8	1,653.4	2,449.5	2,836.2	2,129.5	634	1,856.1
Net Change in Cash	-572.7	30.5	2,421.2	1,298.9	-58.9	-697.1	736.3	1,132.7	357.4	-87	384.6