For the year ending 2025-12-31, PCAR had -$752,900K decrease in cash & cash equivalents over the period. $3,672,800K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 2,375,800 | 4,162,000 | 4,600,800 | 3,011,600 |
| Depreciation and amortization, property, plant and equipment | 398,200 | 398,400 | 415,000 | 332,200 |
| Depreciation and amortization, equipment on operating leases and other | - | 518,500 | 508,900 | 458,000 |
| Depreciation and amortization, other assets, net | 429,200 | - | - | - |
| Provision for losses on financial services receivables | 124,500 | 75,600 | 31,300 | 5,500 |
| Deferred taxes | 333,100 | -79,300 | -303,700 | -208,000 |
| Other, net | -60,700 | -26,300 | -46,500 | -13,900 |
| Pension contributions | 24,500 | 40,800 | 27,300 | 39,100 |
| Trade and other receivables | -102,000 | -156,900 | 430,700 | 441,700 |
| Wholesale receivables on new trucks | -1,007,100 | 478,700 | 1,266,400 | 935,400 |
| Inventories | -296,400 | -42,500 | 350,700 | 272,700 |
| Other assets, net | 102,000 | 149,300 | 127,200 | 31,900 |
| Accounts payable and accrued expenses | -432,600 | 279,400 | 375,800 | 840,300 |
| Residual value guarantees and deferred revenues | -36,500 | -800 | -36,800 | -44,300 |
| Other liabilities, net | -115,600 | -269,800 | 754,500 | 338,600 |
| Net cash provided by operating activities | 4,415,800 | 4,640,900 | 4,190,000 | 3,027,000 |
| Originations of retail loans and finance leases | 6,114,900 | 6,666,700 | 6,378,200 | 5,058,700 |
| Collections on retail loans and finance leases | 5,100,900 | 4,840,100 | 4,330,400 | 3,888,000 |
| Net increase in wholesale receivables on equipment | 4,900 | 512,100 | 29,100 | 15,900 |
| Purchases of marketable debt securities | 1,785,300 | 2,068,700 | 967,200 | 888,400 |
| Proceeds from sales and maturities of marketable debt securities | 1,448,000 | 1,103,200 | 803,600 | 718,100 |
| Payments for property, plant and equipment | 743,000 | 838,700 | 695,000 | 525,000 |
| Acquisitions of equipment for operating leases | 643,600 | 906,900 | 567,500 | 865,500 |
| Proceeds from asset disposals | 680,800 | 696,100 | 614,500 | 687,700 |
| Contributions to joint venture | 201,800 | 207,600 | - | - |
| Other, net | 3,400 | -74,000 | -17,500 | -26,700 |
| Net cash used in investing activities | -2,267,200 | -4,487,300 | -2,871,000 | -2,033,000 |
| Payments of cash dividends | 2,267,100 | 2,288,500 | 1,518,600 | 1,004,700 |
| Purchases of treasury stock | 36,100 | 4,500 | 3,500 | 2,100 |
| Proceeds from stock compensation transactions | 43,400 | 51,900 | 51,500 | 35,700 |
| Net (decrease) increase in commercial paper, short-term bank loans and other | -1,132,800 | 699,900 | 1,721,000 | 370,100 |
| Proceeds from term debt | 3,146,100 | 3,891,200 | 3,085,000 | 3,171,700 |
| Payments on term debt | 2,835,900 | 2,473,100 | 2,233,200 | 2,265,800 |
| Net cash (used in) provided by financing activities | -3,082,400 | -123,100 | 1,102,200 | 304,900 |
| Effect of exchange rate changes on cash and cash equivalents | 180,900 | -151,400 | 69,600 | -36,300 |
| Net (decrease) increase in cash and cash equivalents | -752,900 | -120,900 | 2,490,800 | 1,262,600 |
| Cash and cash equivalents at beginning of period | 7,060,800 | 7,181,700 | 4,690,900 | 3,428,300 |
| Cash and cash equivalents at end of period | 6,307,900 | 7,060,800 | 7,181,700 | 4,690,900 |
PACCAR INC (PCAR)
PACCAR INC (PCAR)