PACCAR (PCAR) Financials

PACCAR Inc (PCAR) is a leading global manufacturer of medium-duty and heavy-duty trucks, as well as advanced diesel engines. The company's income statement reflects its financial performance over a specific period. It provides a breakdown of revenues, expenses, and net income. In the latest reporting period, PACCAR Inc generated total revenue of $26.93 billion, showcasing its strong market presence. The gross profit amounted to $4.79 billion, highlighting the company's ability to efficiently manage production costs. EBIT (Earnings Before Interest and Taxes) stood at $2.72 billion, demonstrating the company's profitability before accounting for interest and tax expenses. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) amounted to $3.44 billion, further highlighting PACCAR Inc's strong financial performance.

On the balance sheet, PACCAR Inc reports its financial position, including its assets, liabilities, and stockholders' equity. The company's total assets were recorded at $26.59 billion, reflecting its strong asset base. Total debt amounted to $15.38 billion, indicating the company's borrowing activities to finance its operations. Net debt, which takes into account the company's cash equivalents, stood at $13.21 billion, showing its overall debt position. Stockholders' equity, which represents the residual interest in the company's assets after deducting liabilities, amounted to $9.54 billion, indicating the value to shareholders.

PACCAR Inc's cash flow statement provides insights into the company's cash generated from operating, investing, and financing activities. The operating cash flow reflects the cash inflows and outflows related to the company's core operations. The investing cash flow accounts for the cash used in purchasing or selling long-term assets. The financing cash flow records the cash generated from or used in financing activities, such as debt repayments or equity issuances. PACCAR Inc's free cash flow, which represents the cash available for distribution to shareholders or reinvestment, amounted to $2.14 billion, indicating its financial strength. Overall, PACCAR Inc's strong financials showcase its ability to effectively operate in the truck manufacturing industry and create value for its stakeholders.