8-K
filed January 24, 2023, 6:59 PM ET
ticker PCAR
CIK 0000075362
earnings
confidence high
sentiment positive
materiality 0.80
PACCAR posts record Q4 revenue $8.13B and EPS $2.64; FY22 net income $3.01B
PACCAR INC
2022-FY EPS reported
$5.75
revenue$28,819,700,000
- Q4 2022 revenue $8.13B (+22% YoY); net income $921.3M ($2.64 diluted EPS) vs $518.7M ($1.49) in Q4 2021.
- Full-year 2022 revenue $28.82B, net income $3.01B ($8.63 EPS), vs $23.52B and $1.87B ($5.35) in 2021.
- Record PACCAR Parts pretax income of $379.5M (Q4) and $1.45B (annual); PFS record pretax $151.3M (Q4) and $588.9M (annual).
- FY 2023 capex guided at $525-$575M; R&D estimated $360-$410M; regular quarterly dividend to rise to $0.25/share post 50% stock dividend.
- U.S./Canada Class 8 retail range 270k-310k units in 2023; European above-16-tonne market also 270k-310k.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
PACCAR INC reported the fourth quarter of 2022 results: revenue $8.13 billion, net income $921.3 million, EPS $2.64 per diluted share.
- Period
- the fourth quarter of 2022
- Revenue
- $8.13 billion
- Net income
- $921.3 million
- EPS
- $2.64 per diluted share
- Result
- reported results
Exact text from the filing
PACCAR achieved quarterly revenues of $8.13 billion in the fourth quarter of 2022, compared to the $6.69 billion reported in the same period in 2021. The company earned $921.3 million ($2.64 per diluted share) in the fourth quarter of 2022, 78% higher than the $518.7 million ($1.49 per diluted share) earned in the fourth quarter of 2021.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
PACCAR INC reported 2022 results: revenue $28.82 billion, net income $3.01 billion, EPS $8.63 per diluted share.
- Period
- 2022
- Revenue
- $28.82 billion
- Net income
- $3.01 billion
- EPS
- $8.63 per diluted share
- Result
- reported results
Exact text from the filing
PACCAR achieved revenues of $28.82 billion in 2022, compared to revenues of $23.52 billion in 2021. The company earned $3.01 billion ($8.63 per diluted share) in 2022, compared to $1.87 billion ($5.35 per diluted share) earned in 2021.
View on SEC.gov
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