NASDAQ$PCAR
Paccar Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
PACCAR achieved excellent revenues and net income due to robust quarterly sales and profits in truck and Parts operations, and good results in Financial Services.
PACCAR reported net income of $972.1 million, or $1.85 per diluted share, for the third quarter of 2024, compared to $1.23 billion, or $2.34 per diluted share, in the same period last year. Third quarter revenues were $8.24 billion, down from $8.70 billion in the third quarter of 2023.
- Net sales and revenues reached $8.24 billion.
- Net income was $972.1 million.
- Global truck deliveries totaled 44,900 units.
- Cash generated from operations amounted to $1.29 billion.
Headline financials
Revenue & EPS history
Paccar · Revenue · Quarterly
$8.24B
Revenue by segment
Paccar · $8.22B total across 2 segments · Q3 2023
- Truck$6.64B+27.7%80.7%
- Parts$1.58B+7.5%19.3%
Forward guidance
U.S. and Canada Class 8 truck industry retail sales in 2024 are estimated to be in a range of 250,000-270,000 vehicles. Class 8 truck industry retail sales for 2025 are expected to be in a range of 250,000-280,000 vehicles. European truck industry registrations in the above 16-tonne segment are estimated to be in the range of 290,000-310,000 units this year. The market in 2025 is expected to be in a range of 270,000-300,000 trucks. The South American above 16-tonne truck market is projected to be in a range of 110,000-120,000 units this year, and in a similar range in 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-0.4%
Avg return
Earnings day
-0.4%
Avg return
5 days after
-0.1%
Avg return
30 days after
40%
29 / 73 earnings
Positive
+9.5%
Q3 2012
Best reaction
-9.3%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.3% | -8.7% | -12.1% | |
| Q4 2025 | -0.1% | +0.7% | +1.6% | |
| Q3 2025 | +2.5% | +2.7% | +0.1% | |
| Q2 2025 | -1.0% | -1.2% | +1.8% | |
| Q1 2025 | -1.9% | -2.3% | +2.4% | |
| Q4 2024 | -2.4% | +0.9% | -4.0% | |
| Q3 2024 | -5.3% | -3.4% | +4.1% | |
| Q2 2024 | -9.3% | -9.0% | -12.6% | |
| Q1 2024 | -6.4% | -7.8% | -6.9% | |
| Q4 2023 | +3.9% | +4.8% | +13.8% | |
| Q3 2023 | +3.9% | +2.4% | +12.1% | |
| Q2 2023 | -4.6% | -3.8% | -5.0% | |
| Q1 2023 | -0.9% | +1.2% | -3.7% | |
| Q4 2022 | +8.4% | +8.2% | +7.7% | |
| Q3 2022 | +0.8% | +4.7% | +15.1% | |
| Q2 2022 | +3.5% | +6.4% | +7.5% | |
| Q1 2022 | -2.3% | -3.8% | -2.6% | |
| Q4 2021 | +3.0% | +2.8% | +0.9% | |
| Q3 2021 | -1.7% | +2.7% | +1.7% | |
| Q2 2021 | -4.8% | -4.5% | -6.3% | |
| Q1 2021 | -2.9% | -3.7% | -2.1% | |
| Q4 2020 | -1.6% | -6.9% | -5.3% | |
| Q3 2020 | -0.2% | +1.7% | -1.1% | |
| Q2 2020 | +7.0% | +7.6% | +9.4% | |
| Q1 2020 | -1.6% | +0.4% | +1.5% | |
| Q4 2019 | +1.3% | -1.3% | -9.8% | |
| Q3 2019 | +2.9% | +5.3% | +9.3% | |
| Q2 2019 | +4.3% | +3.6% | -6.8% | |
| Q1 2019 | -0.7% | +0.1% | -4.6% | |
| Q4 2018 | +5.6% | +6.0% | +10.6% | |
| Q3 2018 | -9.2% | -8.6% | -0.9% | |
| Q2 2018 | +2.0% | +5.0% | +5.9% | |
| Q1 2018 | -6.5% | -7.2% | -6.0% | |
| Q4 2017 | -5.6% | -8.1% | -12.6% | |
| Q3 2017 | -5.9% | -3.7% | -9.1% | |
| Q2 2017 | -0.8% | -1.4% | -7.7% | |
| Q1 2017 | -3.5% | -1.5% | -7.4% | |
| Q4 2016 | +1.5% | +1.3% | -0.4% | |
| Q3 2016 | -1.9% | -1.7% | +10.0% | |
| Q2 2016 | +5.7% | +5.5% | +7.2% | |
| Q1 2016 | +7.4% | — | — | |
| Q4 2015 | +2.5% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | +1.6% | — | — | |
| Q1 2015 | +5.5% | — | — | |
| Q4 2014 | -4.1% | — | — | |
| Q3 2014 | +3.4% | — | — | |
| Q2 2014 | -1.4% | — | — | |
| Q1 2014 | -2.8% | — | — | |
| Q4 2013 | -6.0% | — | — | |
| Q3 2013 | -4.5% | — | — | |
| Q2 2013 | -2.8% | — | — | |
| Q1 2013 | -0.1% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | +9.5% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2012 | +1.5% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | +1.0% | — | — | |
| Q2 2011 | -4.8% | — | — | |
| Q1 2011 | +3.0% | — | — | |
| Q4 2008 | -2.5% | — | — | |
| Q4 2010 | -2.5% | — | — | |
| Q3 2010 | -3.0% | — | — | |
| Q2 2010 | +0.8% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q1 2009 | -7.0% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q4 2007 | +0.9% | — | — | |
| Q3 2009 | +3.2% | — | — | |
| Q3 2008 | +3.2% | — | — | |
| Q2 2009 | -1.7% | — | — | |
| Q2 2008 | -1.7% | — | — |
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