---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-006258"
form_type: "8-K"
ticker: "PCAR"
cik: "0000075362"
company_name: "PACCAR INC"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:20:23.890326+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PACCAR reports record annual revenue of $35.13B, net income of $4.60B for 2023

## Summary
- Q4 2023 revenue $9.08B (+12% YoY); net income $1.42B ($2.70 EPS) vs $0.92B ($1.76 EPS) in Q4 2022.
- Full-year adjusted net income (non-GAAP) $5.05B ($9.61 diluted EPS), excluding $446.4M European litigation charge.
- Record 204,200 vehicles delivered worldwide in 2023.
- Declared $3.20/share extra cash dividend paid Jan 4, 2024; total dividends $4.24/share for 2023.
- Joint venture with Cummins, Daimler Truck, EVE Energy for U.S. battery cell manufacturing announced.

## SEC filing metadata
- accession: 0000950170-24-006258
- form_type: 8-K
- ticker: PCAR
- cik: 0000075362
- company_name: PACCAR INC
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75362/000095017024006258/0000950170-24-006258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75362/000095017024006258/pcar-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-006258
- JSON: https://secwatch.observer/filing/0000950170-24-006258.json
- Plain text: https://secwatch.observer/filing/0000950170-24-006258.txt

## Key facts
- Earnings Releases
  PACCAR INC reported 2023 results: revenue $35.13 billion, net income $4.60 billion ($8.76 per diluted share), EPS $8.76 per diluted share.
  - Period: 2023
  - Revenue: $35.13 billion
  - Net income: $4.60 billion ($8.76 per diluted share)
  - EPS: $8.76 per diluted share
  - Result: reported results
  source text: PACCAR achieved record revenues of $35.13 billion in 2023, compared to revenues of $28.82 billion in 2022. The company earned $4.60 billion ($8.76 per diluted share) in 2023, including a $446.4 million after-tax, non-recurring charge related to civil litigation in Europe, compared to $3.01 billion ($5.75 per diluted share) earned in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/75362/000095017024006258/0000950170-24-006258-index.htm
- Earnings Releases
  PACCAR INC reported the fourth quarter of 2023 results: revenue $9.08 billion, net income $1.42 billion ($2.70 per diluted share), EPS $2.70 per diluted share.
  - Period: the fourth quarter of 2023
  - Revenue: $9.08 billion
  - Net income: $1.42 billion ($2.70 per diluted share)
  - EPS: $2.70 per diluted share
  - Result: reported results
  source text: PACCAR achieved quarterly revenues of $9.08 billion in the fourth quarter of 2023, compared to the $8.13 billion reported in the same period in 2022. The company earned $1.42 billion ($2.70 per diluted share) in the fourth quarter of 2023, 54% higher than the $921.3 million ($1.76 per diluted share) earned in the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/75362/000095017024006258/0000950170-24-006258-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.