PACCAR Inc (NASDAQ:PCAR ) Q1 2025 Earnings Conference Call April 29, 2025 11:00 AM ET Company Participants Ken Hastings - Director of Investor Relations Preston Feight - Chief Executive Officer Harrie Schippers - President and Chief Financial Officer Brice Poplawski - Vice President and Controller Conference Call Participants Charles Dillard - Sanford C. Bernstein & Co., LLC Jamie Cook - Truist Securities, Inc. Michael Feniger - Bank of America Merrill Lynch Tami Zakaria - JPMorgan Rob Wertheimer - Melius Research Stephen Volkmann - Jefferies LLC Steven Fisher - UBS David Raso - Evercore ISI Angel Castillo - Morgan Stanley Kyle Menges - Citigroup Inc. Timothy Thein - Raymond James & Associates, Inc. Jerry Revich - Goldman Sachs Group, Inc. Jeffrey Kauffman - Vertical Research Partners Scott Group - Wolfe Research Operator Good morning, and welcome to PACCAR's First Quarter 2025 Earnings Conference Call.
PCAR reports lower-than-expected Q1 results and expects R&D expenses in the range of $450-$480 million compared to the previous estimate of $460-$500 million.
The headline numbers for Paccar (PCAR) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
![]() PCAR In 1 weeks Estimated | Quarterly | $0.33 Per Share |
![]() PCAR 2 months ago Paid | Quarterly | $0.33 Per Share |
![]() PCAR 4 months ago Paid | Other | $3 Per Share |
![]() PCAR 5 months ago Paid | Quarterly | $0.3 Per Share |
![]() PCAR 8 months ago Paid | Quarterly | $0.3 Per Share |
![]() PCAR 11 months ago Paid | Quarterly | $0.3 Per Share |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
21 Jan 2025 Date | | 1.7 Cons. EPS | 1.66 EPS |
22 Oct 2024 Date | | 1.82 Cons. EPS | 1.85 EPS |
23 Jul 2024 Date | | 2.14 Cons. EPS | 2.13 EPS |
30 Apr 2024 Date | | 2.2 Cons. EPS | 2.27 EPS |
![]() PCAR In 1 weeks Estimated | Quarterly | $0.33 Per Share |
![]() PCAR 2 months ago Paid | Quarterly | $0.33 Per Share |
![]() PCAR 4 months ago Paid | Other | $3 Per Share |
![]() PCAR 5 months ago Paid | Quarterly | $0.3 Per Share |
![]() PCAR 8 months ago Paid | Quarterly | $0.3 Per Share |
![]() PCAR 11 months ago Paid | Quarterly | $0.3 Per Share |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
21 Jan 2025 Date | | 1.7 Cons. EPS | 1.66 EPS |
22 Oct 2024 Date | | 1.82 Cons. EPS | 1.85 EPS |
23 Jul 2024 Date | | 2.14 Cons. EPS | 2.13 EPS |
30 Apr 2024 Date | | 2.2 Cons. EPS | 2.27 EPS |
Farm & Heavy Construction Machinery Industry | Industrials Sector | Mr. R. Preston Feight CEO | XWBO Exchange | US6937181088 ISIN |
US Country | 32,400 Employees | - Last Dividend | 8 Feb 2023 Last Split | 9 Jul 1986 IPO Date |
PACCAR Inc is a global leader in the design, manufacture, and distribution of light, medium, and heavy-duty commercial trucks, operating extensively across different continents including the United States, Canada, Europe, Mexico, South America, and Australia. With a rich history dating back to 1905, PACCAR has established itself as a staple in the commercial vehicle industry, headquartered in Bellevue, Washington. The company's operational framework is segmented into three main areas: Truck, Parts, and Financial Services, each targeting specific facets of the commercial vehicle spectrum. Through its reputable brands such as Kenworth, Peterbilt, and DAF, PACCAR not only ensures the delivery of superior quality trucks but also provides comprehensive aftermarket parts and diverse financial services to support its client base.
This segment involves the design, manufacture, and distribution of high-quality trucks for various hauling needs, including over-the-road and off-highway applications. PACCAR's trucks, which are marketed under the Kenworth, Peterbilt, and DAF brand names, are sold through an extensive network of independent dealers, ensuring wide availability and support for customers globally.
PACCAR supplies a comprehensive range of aftermarket parts for trucks and related commercial vehicles. This segment ensures that clients have access to high-quality replacement parts, enhancing the longevity and performance of their vehicles across many years of service.
The financial arm of PACCAR, operating under the PacLease trade name, provides a broad spectrum of finance and leasing options to both customers and dealers. This includes full-service leasing, equipment financing, and administrative support services for franchisees. Additionally, it offers retail loan and leasing services catered to various commercial trucking companies, from small businesses to large corporations, as well as independent owners/operators. This segment also extends truck inventory financing to independent dealers, supporting them in maintaining robust inventory levels to meet customer demand.
Beyond trucks and financial services, PACCAR manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. This diversification into winch manufacturing underscores PACCAR's commitment to addressing a wide range of industrial needs beyond its core truck manufacturing operations.