PACCAR Half-Year report 2022
Financial Highlights – First Half 2022
Highlights of PACCAR’s financial results for the first six months of 2022 include:
- Net sales and revenues of $13.63 billion.
- Net income of $1.32 billion.
- Capital investments of $234.5 million and R&D expenses of $158.4 million.
- PACCAR Parts pretax income of $693.5 million.
- PACCAR Financial Services pretax income of $291.4 million.
- Cash generated from operations of $1.10 billion.
- Medium-term note issuances of $1.63 billion.
PACCAR reported first half net income of $1.32 billion ($3.79 per diluted share), compared to $966.3 million ($2.77 per diluted share), earned in the first six months of last year. Net sales and financial services revenues for the first six months of 2022 were $13.63 billion, compared to $11.69 billion achieved last year.