PACCAR Full-Year Report 2022

Financial Highlights – Full Year 2022
Highlights of PACCAR’s financial results during 2022 include:

• Record consolidated revenues of $28.82 billion.
• Record net income of $3.01 billion.
• After-tax return on revenues of 10.4%.
• Record PACCAR Parts revenue of $5.76 billion.
• Record PACCAR Parts pretax income of $1.45 billion.
• Financial Services assets of $17.18 billion.
• Financial Services new business volume of $6.2 billion.
• Record Financial Services pretax income of $588.9 million.
• Cash provided by operations of $3.03 billion.
• Record dividends declared of $1.46 billion.
• Medium-term note issuances of $3.05 billion.
• PACCAR invested $846.2 million in capital projects and research and development.
• Record stockholders’ equity of $13.17 billion.

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. 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.