PACCAR Analyst Day: Parts, Finance Fuel “Stronger” Cycle Profits as 2026 Outlook Holds

Feight highlighted how profit performance has changed across market conditions, noting adjusted net income doubled from $1.3 billion in the 2020 trough to $2.6 billion in 2025, and more than doubled from $2.4 billion in the 2019 peak to $5 billion in 2023. He also pointed to five-year average net income per truck produced nearly doubling from just over $9,500 to $18,000, attributing the improvement to new products, parts and financial services growth, and manufacturing strategy.This Autonomous Vehicle Stock ...