secwatch.observer — SEC 8-K summary
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Issuer:     PACCAR INC (PCAR)
CIK:        0000075362
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000950170-24-006258
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75362/000095017024006258/0000950170-24-006258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75362/000095017024006258/pcar-20240123.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-006258

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