--- title: Paccar (PCAR) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/pcar ticker: PCAR as_of: 2026-10-17 sector: Industrials industry: Industrial - Machinery --- # Paccar (PCAR) Paccar (PCAR) closed at $110.82 on Oct 16, 2026, overvalued by 10% vs its model value of $100.84 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $110.82 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $100.84 | | Price vs model | overvalued by 10% vs model | | Range of that model | $72.50 – $174.74 | | Market value | $58.3B | | P/E (fiscal 2025) | 24.6 | | Net margin (fiscal 2025) | 8.4% | | Free cash flow (fiscal 2025) | $3.7B | | Dividend yield (trailing twelve months) | 2.49% | | Beta | 0.99 | | Cost of capital (WACC) | 9.20% | | Business classification | Cyclical (Revenue declining (~-10% recent), Moderate margins (8% net margin), Strong dividend yield, Highly cyclical earnings, Strong FCF yield (6.3%)) | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 2.49% | | Dividends per share, last 12 months | $2.43 | | Dividends / free cash flow (fiscal 2025) | 61.7% | | Raised | 5 years in a row | | Growth over 5 years | 7.7% a year | | Latest payment | $0.35, ex-date Aug 12, 2026, paid Sep 2, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To Aug 16, 2022 | $1.68 | | To May 16, 2023 | $2.61 | | To Feb 14, 2024 | $4.01 | | To Dec 20, 2024 | $3.90 | | To Nov 12, 2025 | $1.32 | | Trailing twelve months (to Aug 12, 2026) | $2.43 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $100.84 | $72.50 | $174.74 | | DCF · Perpetuity growth · 10y | cross check | $112.17 | $81.93 | $189.63 | | DCF · EBITDA exit · 5y | cross check | $111.69 | $76.25 | $153.49 | | DCF · EBITDA exit · 10y | cross check | $121.24 | $84.79 | $170.05 | | P/E · peers | cross check | $62.43 | $52.66 | $86.85 | | P/E · own history | cross check | $74.67 | $64.86 | $92.20 | | PEG | sanity check | $115.16 | $115.16 | $115.16 | | EV/EBITDA · peers | cross check | $111.14 | $85.42 | $144.04 | | EV/Revenue · peers | cross check | $56.04 | $45.71 | $56.28 | | Earnings power value | cross check | $50.42 | $43.35 | $60.25 | | Dividend discount | cross check | $66.41 | $46.63 | $101.22 | ## Insider activity (SEC Form 4) Past 90 days: 0 open-market buys ($0) and 4 open-market sales ($7.6M); 10b5-1 plan sales included. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Oct 1, 2026 | Breber Pierre R | Director | Other | 454.794 | $50,000 | | Oct 1, 2026 | Pretti Luiz Antonio Dos Santos | Director | Other | 193.287 | $21,250 | | Oct 1, 2026 | RAMASWAMY SREEGANESH | Director | Other | 318.356 | $35,000 | | Oct 1, 2026 | Pigott John | Director | Other | 318.356 | $35,000 | | Sep 2, 2026 | WALTON MICHAEL K | VICE PRESIDENT/GENERAL COUNSEL | Other | 19.538 | $2,386.2 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Jul 29, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/75362/000119312526323642/pcar-20260630.htm | | Jul 28, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/75362/000119312526318918/pcar-20260728.htm | | May 1, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/75362/000119312526201546/pcar-20260427.htm | | Apr 29, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/75362/000119312526191499/pcar-20260331.htm | | Apr 28, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/75362/000119312526183626/pcar-20260428.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | Gates | 2026-06-30 | 1,000,000 | $120.1M | | Bridgewater | 2026-06-30 | 946,107 | $113.6M | 2 tracked managers in all. ## About PACCAR Inc is a global leader specializing in the design, production, and distribution of commercial trucks, covering light, medium, and heavy-duty classes. Its market reach extends across the United States, Europe, Mexico, South America, Australia, and other international territories. The company's operations are divided into three principal segments: Truck, Parts, and Financial Services. The Truck division focuses on engineering, manufacturing, and supplying vehicles tailored for both long-distance highway travel and challenging off-highway applications, primarily for hauling commercial and consumer goods. These vehicles are sold worldwide through an expansive network of independent dealerships, prominently featuring the Kenworth, Peterbilt, and DAF brands. The Parts segment is dedicated to supplying aftermarket components for its trucks and associated commercial vehicles. Through its… --- Source: https://sweetvaluelab.com/stocks/pcar (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.