PACCAR Inc Net Assets
PACCAR Inc net assets. Based on the latest financial reports, PACCAR Inc (PCAR) has net assets worth $19.76 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($43.55 Billion) and total liabilities ($23.80 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See PACCAR Inc (PCAR) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $19.76 Billion |
| % of Total Assets | 45.36% |
| Annual Growth Rate | 8.58% |
| 5-Year Change | 66.15% |
| 10-Year Change | 184.23% |
| Growth Volatility | 6.75 |
Net Assets of PACCAR Inc (1985–2025)
Net assets of PACCAR Inc from 1985 to 2025. This chart illustrates how PACCAR Inc's net assets have evolved over time, based on quarterly financial data. Also explore PACCAR Inc (PCAR) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for PACCAR Inc (1985–2025)
The table below shows the annual net assets of PACCAR Inc from 1985 to 2025. For live market cap and overall valuation, see PACCAR Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.26 Billion | +10.04% |
| 2024-12-31 | $17.51 Billion | +10.25% |
| 2023-12-31 | $15.88 Billion | +20.59% |
| 2022-12-31 | $13.17 Billion | +13.57% |
| 2021-12-31 | $11.59 Billion | +11.59% |
| 2020-12-31 | $10.39 Billion | +7.05% |
| 2019-12-31 | $9.71 Billion | +12.95% |
| 2018-12-31 | $8.59 Billion | +6.74% |
| 2017-12-31 | $8.05 Billion | +18.78% |
| 2016-12-31 | $6.78 Billion | -2.35% |
| 2015-12-31 | $6.94 Billion | +2.77% |
| 2014-12-31 | $6.75 Billion | +1.79% |
| 2013-12-31 | $6.63 Billion | +13.47% |
| 2012-12-31 | $5.85 Billion | +8.99% |
| 2011-12-31 | $5.36 Billion | +0.12% |
| 2010-12-31 | $5.36 Billion | +4.98% |
| 2009-12-31 | $5.10 Billion | +5.30% |
| 2008-12-31 | $4.85 Billion | -4.88% |
| 2007-12-31 | $5.10 Billion | +14.34% |
| 2006-12-31 | $4.46 Billion | +14.23% |
| 2005-12-31 | $3.90 Billion | +3.69% |
| 2004-12-31 | $3.76 Billion | +15.89% |
| 2003-12-31 | $3.25 Billion | +24.83% |
| 2002-12-31 | $2.60 Billion | +15.45% |
| 2001-12-31 | $2.25 Billion | +0.16% |
| 2000-12-31 | $2.25 Billion | +6.56% |
| 1999-12-31 | $2.11 Billion | +19.63% |
| 1998-12-31 | $1.76 Billion | +17.79% |
| 1997-12-31 | $1.50 Billion | +10.29% |
| 1996-12-31 | $1.36 Billion | +8.54% |
| 1995-12-31 | $1.25 Billion | +3.63% |
| 1994-12-31 | $1.21 Billion | +9.02% |
| 1993-12-31 | $1.11 Billion | +6.65% |
| 1992-12-31 | $1.04 Billion | +0.59% |
| 1991-12-31 | $1.03 Billion | +1.29% |
| 1990-12-31 | $1.02 Billion | +1.18% |
| 1989-12-31 | $1.01 Billion | +11.40% |
| 1988-12-31 | $904.20 Million | +12.84% |
| 1987-12-31 | $801.30 Million | +10.22% |
| 1986-12-31 | $727.00 Million | +1.74% |
| 1985-12-31 | $714.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PACCAR Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3347.6% over the analyzed period, indicating profitable operations and earnings retention.
PACCAR Inc Net Assets Breakdown (December 2025)
PACCAR Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $18.70 Billion | 97.05% |
| Common Stock | $525.40 Million | 2.73% |
| Other Components | $42.50 Million | 0.22% |
| Total Equity | $19.26 Billion | 100.00% |
PACCAR Inc Competitors by Market Cap
The table below lists competitors of PACCAR Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cathay Financial Holding Co Ltd
TW:2882
|
$53.84 Billion |
|
Devon Energy Corporation
NYSE:DVN
|
$53.88 Billion |
|
Garmin Ltd
NYSE:GRMN
|
$53.99 Billion |
|
Credit Agricole SA
PA:ACA
|
$54.10 Billion |
|
Delta Air Lines Inc
NYSE:DAL
|
$53.69 Billion |
|
Alimentation Couchen Tard Inc A
TO:ATD
|
$53.45 Billion |
|
JAPAN POST BK UNSP.ADR/1
F:5JP0
|
$53.42 Billion |
|
Realty Income Corporation
NYSE:O
|
$53.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PACCAR Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,506,900,000 to 19,264,000,000, a change of 1,757,100,000 (10.0%).
- Net income of 2,375,800,000 contributed positively to equity growth.
- Dividend payments of 2,267,100,000 reduced retained earnings.
- Share repurchases of 36,100,000 reduced equity.
- Other comprehensive income increased equity by 1,113,300,000.
- Other factors increased equity by 571,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.38 Billion | +12.33% |
| Dividends Paid | $2.27 Billion | -11.77% |
| Share Repurchases | $36.10 Million | -0.19% |
| Other Comprehensive Income | $1.11 Billion | +5.78% |
| Other Changes | $571.20 Million | +2.97% |
| Total Change | $- | 10.04% |
Book Value vs Market Value Analysis
This analysis compares PACCAR Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 89.87x to 2.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.14 | $102.29 | x |
| 1986-12-31 | $1.17 | $102.29 | x |
| 1987-12-31 | $1.28 | $102.29 | x |
| 1988-12-31 | $1.45 | $102.29 | x |
| 1989-12-31 | $1.65 | $102.29 | x |
| 1990-12-31 | $1.69 | $102.29 | x |
| 1991-12-31 | $1.75 | $102.29 | x |
| 1992-12-31 | $1.77 | $102.29 | x |
| 1993-12-31 | $1.88 | $102.29 | x |
| 1994-12-31 | $1.99 | $102.29 | x |
| 1995-12-31 | $2.12 | $102.29 | x |
| 1996-12-31 | $2.31 | $102.29 | x |
| 1997-12-31 | $2.53 | $102.29 | x |
| 1998-12-31 | $2.95 | $102.29 | x |
| 1999-12-31 | $3.53 | $102.29 | x |
| 2000-12-31 | $3.84 | $102.29 | x |
| 2001-12-31 | $3.86 | $102.29 | x |
| 2002-12-31 | $4.41 | $102.29 | x |
| 2003-12-31 | $5.46 | $102.29 | x |
| 2004-12-31 | $6.34 | $102.29 | x |
| 2005-12-31 | $6.69 | $102.29 | x |
| 2006-12-31 | $7.88 | $102.29 | x |
| 2007-12-31 | $8.95 | $102.29 | x |
| 2008-12-31 | $8.83 | $102.29 | x |
| 2009-12-31 | $9.32 | $102.29 | x |
| 2010-12-31 | $9.75 | $102.29 | x |
| 2011-12-31 | $9.81 | $102.29 | x |
| 2012-12-31 | $10.96 | $102.29 | x |
| 2013-12-31 | $12.45 | $102.29 | x |
| 2014-12-31 | $12.64 | $102.29 | x |
| 2015-12-31 | $13.01 | $102.29 | x |
| 2016-12-31 | $12.84 | $102.29 | x |
| 2017-12-31 | $15.21 | $102.29 | x |
| 2018-12-31 | $16.28 | $102.29 | x |
| 2019-12-31 | $18.62 | $102.29 | x |
| 2020-12-31 | $19.99 | $102.29 | x |
| 2021-12-31 | $22.19 | $102.29 | x |
| 2022-12-31 | $25.16 | $102.29 | x |
| 2023-12-31 | $30.25 | $102.29 | x |
| 2024-12-31 | $33.25 | $102.29 | x |
| 2025-12-31 | $36.57 | $102.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PACCAR Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.35%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.30x
- Recent ROE (12.33%) is below the historical average (17.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.20% | 3.85% | 1.79x | 1.48x | $1.44 Million |
| 1986 | 7.47% | 3.02% | 1.66x | 1.48x | $-18.40 Million |
| 1987 | 14.04% | 4.60% | 1.88x | 1.62x | $32.37 Million |
| 1988 | 19.44% | 5.65% | 1.10x | 3.13x | $85.38 Million |
| 1989 | 24.01% | 6.87% | 1.15x | 3.04x | $141.17 Million |
| 1990 | 6.25% | 2.29% | 0.96x | 2.85x | $-38.22 Million |
| 1991 | 3.85% | 1.70% | 0.85x | 2.65x | $-63.53 Million |
| 1992 | 6.28% | 2.38% | 0.97x | 2.71x | $-38.64 Million |
| 1993 | 12.84% | 4.02% | 1.08x | 2.97x | $31.45 Million |
| 1994 | 17.41% | 4.55% | 1.14x | 3.34x | $87.05 Million |
| 1995 | 20.20% | 5.23% | 1.10x | 3.51x | $127.68 Million |
| 1996 | 14.80% | 4.37% | 0.87x | 3.90x | $65.20 Million |
| 1997 | 23.01% | 5.09% | 1.21x | 3.74x | $194.82 Million |
| 1998 | 23.63% | 5.28% | 1.16x | 3.85x | $240.38 Million |
| 1999 | 27.65% | 6.47% | 1.14x | 3.76x | $372.54 Million |
| 2000 | 19.64% | 5.58% | 0.96x | 3.68x | $216.89 Million |
| 2001 | 7.71% | 2.85% | 0.77x | 3.51x | $-51.66 Million |
| 2002 | 14.30% | 5.15% | 0.83x | 3.35x | $111.93 Million |
| 2003 | 16.22% | 6.42% | 0.82x | 3.06x | $201.86 Million |
| 2004 | 24.10% | 7.96% | 0.93x | 3.25x | $530.56 Million |
| 2005 | 29.05% | 8.06% | 1.02x | 3.52x | $743.09 Million |
| 2006 | 33.57% | 9.09% | 1.02x | 3.61x | $1.05 Billion |
| 2007 | 24.48% | 8.06% | 0.88x | 3.45x | $725.99 Million |
| 2008 | 21.00% | 7.12% | 0.88x | 3.35x | $533.23 Million |
| 2009 | 2.19% | 1.48% | 0.52x | 2.85x | $-398.47 Million |
| 2010 | 8.54% | 4.45% | 0.72x | 2.66x | $-78.18 Million |
| 2011 | 19.43% | 6.37% | 0.95x | 3.20x | $505.86 Million |
| 2012 | 19.01% | 6.52% | 0.92x | 3.19x | $526.91 Million |
| 2013 | 17.66% | 6.84% | 0.83x | 3.12x | $507.87 Million |
| 2014 | 20.12% | 7.15% | 0.92x | 3.05x | $683.48 Million |
| 2015 | 23.11% | 8.39% | 0.91x | 3.04x | $909.96 Million |
| 2016 | 7.70% | 3.06% | 0.83x | 3.05x | $-156.06 Million |
| 2017 | 20.81% | 8.61% | 0.83x | 2.91x | $870.15 Million |
| 2018 | 25.55% | 9.34% | 0.92x | 2.97x | $1.34 Billion |
| 2019 | 24.60% | 9.33% | 0.90x | 2.92x | $1.42 Billion |
| 2020 | 12.49% | 6.95% | 0.66x | 2.71x | $259.69 Million |
| 2021 | 16.09% | 7.93% | 0.80x | 2.55x | $706.10 Million |
| 2022 | 22.87% | 10.45% | 0.87x | 2.53x | $1.69 Billion |
| 2023 | 28.97% | 13.10% | 0.86x | 2.57x | $3.01 Billion |
| 2024 | 23.77% | 12.36% | 0.78x | 2.48x | $2.41 Billion |
| 2025 | 12.33% | 8.35% | 0.64x | 2.30x | $449.40 Million |
Industry Comparison
This section compares PACCAR Inc's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $658,192,710
- Average return on equity (ROE) among peers: 10.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PACCAR Inc (PCAR) | $19.76 Billion | 10.20% | 1.20x | $53.83 Billion |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $337.96 Million | 3.31% | 2.29x | $887.01 Million |
| AGCO Corporation (AGCO) | $2.02 Billion | 19.10% | 1.45x | $7.81 Billion |
| Agrify Corp (AGFY) | $-805.00K | 0.00% | 0.00x | $89.44 Million |
| Alamo Group Inc (ALG) | $449.11 Million | 9.87% | 0.42x | $1.78 Billion |
| Arts-Way Manufacturing Co Inc (ARTW) | $19.25 Million | 4.86% | 0.71x | $15.70 Million |
| Astec Industries Inc (ASTE) | $653.70 Million | 5.12% | 0.62x | $917.64 Million |
| Blue Bird Corp (BLBD) | $40.00 Million | 59.53% | 9.44x | $1.78 Billion |
| CEA Industries Inc. (BNC) | $-2.85 Million | 0.00% | 0.00x | $205.46 Million |
| Caterpillar Inc (CAT) | $3.07 Billion | 6.45% | 0.96x | $302.97 Billion |
| CEA Industries Inc (CEAD) | $-2.44 Million | 0.00% | 0.00x | $6.66 Million |
About PACCAR Inc
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Australia, Mexico, Europe, Central and South America, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercia… Read more