PACCAR Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,376	4,162	4,601	3,012	1,866
Depreciation & Amortization	827.4	916.9	923.9	790.2	633.8
Other Adjustments	493.8	-18.2	-253.2	-227.7	-238.5
Change in Receivables	1,109	-321.8	-1,697	-1,377	-322.1
Changes in Inventories	296.4	42.5	-350.7	-272.7	-628
Changes in Accounts Payable	-432.6	279.4	375.8	840.3	693.4
Changes in Unearned Revenue	-36.5	-0.8	-36.8	-44.3	-82.4
Changes in Other Operating Activities	-217.6	-419.1	627.3	306.7	-30.1
Operating Cash Flow	4,416	4,641	4,190	3,027	2,187
Operating Cash Flow Growth	-4.85%	10.76%	38.42%	38.43%	-26.80%
Capital Expenditures	-1,387	-1,746	-1,263	-1,391	-1,633
Sale of Property, Plant & Equipment	680.8	696.1	614.5	687.7	904.1
Purchases of Investments	-1,785	-2,069	-967.2	-888.4	-903.1
Proceeds from Sale of Investments	1,448	1,103	803.6	718.1	727
Other Investing Activities	-1,224	-2,472	-2,059	-1,160	-457.9
Investing Cash Flow	-2,267	-4,487	-2,871	-2,033	-1,363
Long-Term Debt Issued	3,146	3,891	3,085	3,172	2,101
Long-Term Debt Repaid	-2,836	-2,473	-2,233	-2,266	-2,337
Net Long-Term Debt Issued (Repaid)	310.2	1,418	851.8	905.9	-235.6
Issuance of Common Stock	43.4	51.9	51.5	35.7	37.5
Repurchase of Common Stock	-36.1	-4.5	-3.5	-2.1	-1.5
Net Common Stock Issued (Repurchased)	7.3	47.4	48	33.6	36
Common Dividends Paid	-2,267	-2,289	-1,519	-1,005	-708
Other Financing Activities	-1,133	699.9	1,721	370.1	24.7
Financing Cash Flow	-3,082	-123.1	1,102	304.9	-882.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	180.9	-151.4	69.6	-36.3	-52.4
Net Cash Flow	-752.9	-120.9	2,491	1,263	-111.3
Free Cash Flow	3,029	2,895	2,928	1,637	553.9
Free Cash Flow Growth	4.63%	-1.10%	78.89%	195.45%	-58.93%
FCF Margin	9.88%	8.10%	7.93%	5.40%	2.20%
Free Cash Flow Per Share	5.75	5.50	5.58	3.13	1.06
Levered Free Cash Flow	1,737	4,653	5,730	4,147	583.8
Unlevered Free Cash Flow	3,114	4,461	6,519	4,286	2,065

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.