PACCAR Q4 2024 net income falls to $872.0 million; revenue down to $7.91 billion
PACCAR reported fourth-quarter 2024 revenue of $7.91 billion and net income of $872.0 million ($1.66 per diluted share), down from $9.08 billion and $1.42 billion ($2.70 per diluted share) a year earlier. For full-year 2024, revenue was $33.66 billion and net income was $4.16 billion ($7.90 per diluted share), versus $35.13 billion and $4.60 billion ($8.76) in 2023, a year that included a $446.4 million after-tax charge tied to European civil litigation. The company also raised its regular quarterly dividend 10% to 33 cents per share, payable March 5, 2025.
Key points
- Q4 2024 net income was $872.0 million ($1.66 per diluted share), versus $1.42 billion ($2.70 per diluted share) in Q4 2023.
- Full-year 2024 net income was $4.16 billion ($7.90 per diluted share), versus $4.60 billion ($8.76) in 2023.
- Regular quarterly dividend raised 10% to 33 cents per share, payable March 5, 2025.
- Conference call with securities analysts on January 28, 2025, at 9:00 a.m. Pacific time.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.