UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Delaware 91-0351110 (State or other jurisdiction of incorporation or organization) 777 - 106th Ave. N.E., Bellevue, WA 98004 (Address of principal executive offices) ...

PACCAR Inc (NASDAQ:PCAR) Q1 2023 Earnings Conference Call April 25, 2023 11:00 AM ET Company Participants Ken Hastings - Director of IR Preston Feight - CEO Harrie Schippers - President and CFO Michael Barkley - SVP and Controller Brice Poplawski - New Vice President and Controller Conference Call Participants Tami Zakaria - JPMorgan Dillon Cumming - Morgan Stanley Chad Dillard - Bernstein Rob Wertheimer - Melius Research Steve Volkmann - Jefferies David Raso - Evercore ISI Jamie Cook - Credit Suisse Steven ...

PACCAR Volvo Daimler Truck Traton Iveco PACCAR's SG&A as a percentage of sales is much lower than its peer group, reflecting strong financial discipline Trucks Net Income per Truck PACCAR's high profitability, strong working capital management and prudent investments resulted in best in class return on invested capital with an average of 22% over the last five years April 2023 Page 18 • Pay Regular Quarterly and Annual Dividend − Regular quarterly dividend 10-year annualized growth of 6% (as of 4Q22) − Disc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2022 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____ to ____. Commission File Number 001-14817 PACCAR Inc (Exact name of Registrant as specified in its charter) Delaware 91-0351110 (State or other jurisdiction of incorpora ...

PACCAR, Inc. (NASDAQ:PCAR) Q4 2022 Earnings Conference Call January 24, 2023 ET Company Participants Ken Hastings - Director, IR Preston Feight - Chief Executive Officer & Director Harrie Schippers - President & Chief Financial Officer Conference Call Participants David Raso - Evercore Steven Fisher - UBS Dillon Cumming - Morgan Stanley Tami Zakaria - JPMorgan Chad Dillard - Bernstein Rob Wertheimer - Melius Research Jamie Cook - Credit Suisse Nicole DeBlase - Deutsche Bank Matt Elkott - Cowen and Company J ...

Financial Performance - Worldwide net sales and revenues increased to $20.69 billion in 2022 from $16.84 billion in 2021, primarily due to higher truck and parts revenues [135]. - Net income for 2022 was $2.09 billion ($5.99 per diluted share), compared to $1.35 billion ($3.87 per diluted share) in 2021, marking a 55% increase [135]. - Truck segment net sales and revenues increased to $5,198.2 million in Q3 2022 from $3,452.6 million in Q3 2021, reflecting a 50.5% increase [150]. - Parts segment net sales and revenues rose to $1,471.5 million in Q3 2022 from $1,260.2 million in Q3 2021, marking a 16.8% increase [156]. - For the first nine months of 2022, Truck segment net sales reached $15,231.7 million, up from $11,837.8 million in the same period of 2021, a 28.9% increase [151]. Truck and Parts Sales - Truck revenues rose to $15.23 billion in 2022, a 29% increase from $11.84 billion in 2021, driven by higher truck deliveries and price realization [135]. - Parts sales increased to $4.30 billion in 2022, reflecting a 18% rise from $3.63 billion in 2021 due to higher demand and price realization [135]. - Average truck sales prices contributed an increase of $515.5 million to sales in Q3 2022, primarily due to higher price realization globally [150]. - Average aftermarket parts sales prices increased sales by $159.9 million in Q3 2022, driven by higher price realization in North America and Europe [158]. Market Outlook - Truck industry heavy-duty retail sales in the U.S. and Canada are projected to be between 260,000 to 300,000 units in 2023, compared to 265,000 to 285,000 units in 2022 [137]. - PACCAR Parts sales are expected to increase by 5-8% in 2023 compared to 2022 levels, following a 14-16% increase in 2022 [139]. Investments and Expenses - Capital investments are projected to be between $525 to $575 million in 2023, up from an expected $475 to $500 million in 2022 [141]. - Research and development expenses are expected to be between $350 to $400 million in 2023, compared to $330 to $340 million in 2022 [141]. - The company anticipates increasing investments in clean diesel and electric powertrain technologies, autonomous systems, and next-generation manufacturing capabilities [201]. - Over the past decade, the company has invested $7.22 billion in capital projects and R&D, enhancing operational capacity and efficiency [200]. Operational Metrics - Truck segment gross margin improved to 10.6% in Q3 2022 compared to 5.8% in Q3 2021, driven by higher sales volume and improved pricing [153]. - Parts gross margin increased to 30.4% in Q3 2022 from 28.4% in Q3 2021, attributed to higher sales volume and pricing [158]. - Truck SG&A expenses decreased to $60.7 million in Q3 2022 from $66.4 million in Q3 2021, reflecting a reduction in sales and marketing costs [152]. - Parts SG&A expenses decreased to $52.9 million in Q3 2022 from $53.4 million in Q3 2021, primarily due to lower sales and marketing costs [160]. Financial Services - New loan and lease volume increased to $1,437.1 million in Q3 2022 from $1,365.5 million in Q3 2021, reflecting a 5% increase [164]. - Average finance receivables increased by $1,204.3 million in Q3 2022, primarily due to higher average loan and dealer wholesale balances [172]. - The finance margin increased to $104.6 million in Q3 2022, up from $96.2 million in Q3 2021 [171]. - Higher portfolio yields increased interest and fees by $24.5 million, with yields at 4.9% in 2022 compared to 4.6% in 2021 [175]. Tax and Income - The effective tax rate for Q3 2022 was 21.5%, down from 21.9% in Q3 2021, reflecting a change in the mix of income generated in lower tax jurisdictions [191]. - Domestic income before taxes for Q3 2022 was $623.7 million, up from $252.7 million in Q3 2021, while total income before taxes increased to $979.7 million from $487.2 million [192]. Cash Flow and Liquidity - Total cash and marketable securities decreased by $120.0 million to $4,867.7 million as of September 30, 2022, compared to $4,987.7 million at December 31, 2021 [193]. - Net cash provided by operating activities rose by $628.0 million to $1,778.2 million in the first nine months of 2022, compared to $1,150.2 million in the same period of 2021 [194]. - Cash used in investing activities increased by $293.1 million to $1,318.5 million in the first nine months of 2022, reflecting higher net originations of loans and financing leases [195]. - Cash used in financing activities decreased by $971.0 million to $418.9 million in the first nine months of 2022, with net borrowing activities providing $437.3 million [196]. Other Notable Events - The new DAF XD truck was named International Truck of the Year 2023, showcasing advancements in vocational performance and driver comfort [134]. - The company has suspended truck and parts sales to Russia and Belarus due to international sanctions, with no significant receivables exposure [136]. - The company has $3.66 billion in line of credit arrangements, with $3.36 billion unused as of September 30, 2022 [197]. - The company has repurchased $110.0 million of its common stock under a $500.0 million repurchase plan as of September 30, 2022 [198].

PACCAR, Inc. (NASDAQ:PCAR) Q3 2022 Earnings Conference Call October 25, 2022 12:00 PM ET Company Participants Ken Hastings - Director, IR Preston Feight - CEO Harrie Schippers - President & CFO Michael Barkley - SVP & Controller Conference Call Participants Chad Dillard - Bernstein Felix Boeschen - Raymond James Tami Zakaria - JPMorgan Steven Fisher - UBS Tim Thein - Citigroup Jamie Cook - Credit Suisse Stephen Volkmann - Jefferies David Raso - Evercore John Joyner - BMO Capital Markets Nicole DeBlase - Deu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File No. 001-14817 PACCAR Inc (Exact name of registrant as specified in its charter) Delaware 91-0351110 777 - 106th Ave. N.E., Bellevue, WA 98004 (Address ...

PACCAR Inc. (NASDAQ:PCAR) Q2 Results Conference Call July 26, 2022 12:00 PM ET Company Participants Ken Hastings - Director of IR Preston Feight - CEO Harrie Schippers - President & CFO Michael Barkley - SVP & Controller Conference Call Participants Robert Wertheimer - Melius Research Jerry Revich - Goldman Sachs Steven Fisher - UBS Matt Elkott - Cowen Steve Volkmann - Jefferies Dylan Guggenheim - Morgan Stanley Jeff Kauffman - Vertical Research Partners Tami Zakaria - JPMorgan Tim Thein - Citi Felix Boesch ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File No. 001-14817 PACCAR Inc (Exact name of registrant as specified in its charter) Delaware 91-0351110 (State or other jurisdiction of incorporation or o ...