PCAR among the 83 companies we cover
PCAR and 9 peers, year by year
The 9 Industrials companies closest to PCAR in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.
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| Company | Year | Revenue | Sales growth | Gross margin | Operating margin | Net margin | FCF margin | Return on equity | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|
| PCAR Paccar | FY2025 | $28.4B | −15.5% | - | - | 8.4% | 12.9% | 12.3% | - |
| LUV Southwest Airlines | FY2025 | $28.1B | +2.1% | - | 1.5% | 1.6% | −3.0% | 5.5% | 0.62 |
| UNP Union Pacific Corporation | FY2025 | $24.5B | +1.1% | - | 40.2% | 29.1% | 22.4% | 38.7% | 1.72 |
| ETN Eaton Corporation | FY2025 | $27.4B | +10.3% | - | - | 14.9% | 12.9% | 21.0% | 0.51 |
| WM Waste Management | FY2025 | $25.2B | +14.2% | - | 17.1% | 10.7% | 11.2% | 27.1% | 2.29 |
| FERG Ferguson Enterprises | FY2025 | $30.8B | +3.8% | 30.7% | 8.5% | 6.0% | 5.2% | 31.8% | 0.72 |
| MMM 3M | FY2025 | $24.9B | +1.5% | - | 18.6% | 13.0% | 5.6% | 69.1% | 2.68 |
| JCI Johnson Controls | FY2025 | $23.6B | +2.8% | 36.4% | - | 13.9% | 9.0% | 25.5% | 0.77 |
| TT Trane Technologies | FY2025 | $21.3B | +7.5% | - | 18.6% | 13.7% | 13.2% | 34.0% | 0.62 |
| LHX L3Harris | FY2025 | - | - | - | - | - | - | 8.2% | 0.57 |
Revenue, FY2021 to FY2025
Revenue as reported in the 10-K.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | $23.5B | $28.8B | $35.1B | $33.7B | $28.4B |
| LUV Dec | $15.8B | $23.8B | $26.1B | $27.5B | $28.1B |
| UNP Dec | $21.8B | $24.9B | $24.1B | $24.2B | $24.5B |
| ETN Dec | $19.6B | $20.8B | $23.2B | $24.9B | $27.4B |
| WM Dec | $17.9B | $19.7B | $20.4B | $22.1B | $25.2B |
| FERG Jul | - | $28.6B | $29.7B | $29.6B | $30.8B |
| MMM Dec | $35.4B | $26.2B | $24.6B | $24.6B | $24.9B |
| JCI Sep | $23.7B | $20.6B | $22.3B | $23.0B | $23.6B |
| TT Dec | $14.1B | $16.0B | $17.7B | $19.8B | $21.3B |
| LHX Jan | $17.8B | $17.1B | $19.4B | $21.3B | - |
| Peer median | $18.8B | $20.8B | $23.2B | $24.2B | $25.1B |
Sales growth, FY2021 to FY2025
Revenue against the fiscal year before.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | +25.6% | +22.5% | +21.9% | −4.2% | −15.5% |
| LUV Dec | +74.5% | +50.8% | +9.6% | +5.3% | +2.1% |
| UNP Dec | +11.6% | +14.1% | −3.0% | +0.5% | +1.1% |
| ETN Dec | +9.9% | +5.7% | +11.8% | +7.3% | +10.3% |
| WM Dec | +17.8% | +9.9% | +3.7% | +8.0% | +14.2% |
| FERG Jul | - | - | +4.1% | −0.3% | +3.8% |
| MMM Dec | +9.9% | −3.2% | −5.9% | −0.1% | +1.5% |
| JCI Sep | +6.1% | +6.9% | +8.2% | +2.8% | +2.8% |
| TT Dec | +13.5% | +13.1% | +10.5% | +12.2% | +7.5% |
| LHX Jan | −2.1% | −4.2% | +13.8% | +9.8% | - |
| Peer median | +10.8% | +8.4% | +8.2% | +5.3% | +3.3% |
Gross margin, FY2021 to FY2025
Gross profit / revenue.Operating margin, FY2021 to FY2025
Operating income / revenue.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | - | - | - | - | - |
| LUV Dec | 10.9% | 4.3% | 0.9% | 1.2% | 1.5% |
| UNP Dec | 42.8% | 39.9% | 37.7% | 40.1% | 40.2% |
| ETN Dec | - | - | - | - | - |
| WM Dec | 16.5% | 17.1% | 17.5% | 18.4% | 17.1% |
| FERG Jul | - | 9.9% | 8.9% | 8.9% | 8.5% |
| MMM Dec | 20.8% | 16.7% | −43.4% | 19.6% | 18.6% |
| JCI Sep | - | - | - | - | - |
| TT Dec | 14.3% | 15.1% | 16.4% | 17.6% | 18.6% |
| LHX Jan | 11.8% | 6.6% | 7.3% | 9.0% | - |
| Peer median | 15.4% | 15.1% | 8.9% | 17.6% | 17.8% |
Net margin, FY2021 to FY2025
Net income / revenue.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | 7.9% | 10.4% | 13.1% | 12.4% | 8.4% |
| LUV Dec | 6.2% | 2.3% | 1.8% | 1.7% | 1.6% |
| UNP Dec | 29.9% | 28.1% | 26.4% | 27.8% | 29.1% |
| ETN Dec | 10.9% | 11.9% | 13.9% | 15.3% | 14.9% |
| WM Dec | 10.1% | 11.4% | 11.3% | 12.4% | 10.7% |
| FERG Jul | - | 7.4% | 6.4% | 5.9% | 6.0% |
| MMM Dec | 16.7% | 22.1% | −28.4% | 17.0% | 13.0% |
| JCI Sep | 6.9% | 7.4% | 8.3% | 7.4% | 13.9% |
| TT Dec | 10.1% | 11.0% | 11.4% | 12.9% | 13.7% |
| LHX Jan | 10.4% | 6.2% | 6.3% | 7.0% | - |
| Peer median | 10.2% | 11.0% | 8.3% | 12.4% | 13.4% |
Free cash flow, FY2021 to FY2025
Cash from operations minus capital spending.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | $1.6B | $2.5B | $3.5B | $3.8B | $3.7B |
| LUV Dec | $1.8B | −$134.0M | −$356.0M | −$1.6B | −$831.0M |
| UNP Dec | $6.1B | $5.7B | $4.8B | $5.9B | $5.5B |
| ETN Dec | $1.6B | $1.9B | $2.9B | $3.5B | $3.6B |
| WM Dec | $2.3B | $1.7B | $1.8B | $2.2B | $2.8B |
| FERG Jul | - | $859.0M | $2.3B | $1.5B | $1.6B |
| MMM Dec | $5.9B | $3.8B | $5.1B | $638.0M | $1.4B |
| JCI Sep | $2.0B | $750.0M | $1.4B | $1.1B | $2.1B |
| TT Dec | $1.4B | $1.2B | $2.1B | $2.8B | $2.8B |
| LHX Jan | $2.3B | $1.9B | $1.6B | $2.2B | $2.7B |
| Peer median | $2.1B | $1.7B | $2.1B | $2.2B | $2.7B |
FCF margin, FY2021 to FY2025
Free cash flow / revenue.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | 6.9% | 8.7% | 9.9% | 11.3% | 12.9% |
| LUV Dec | 11.5% | −0.6% | −1.4% | −5.8% | −3.0% |
| UNP Dec | 28.0% | 23.1% | 19.8% | 24.3% | 22.4% |
| ETN Dec | 8.1% | 9.3% | 12.4% | 14.1% | 12.9% |
| WM Dec | 12.8% | 8.8% | 8.9% | 9.8% | 11.2% |
| FERG Jul | - | 3.0% | 7.7% | 5.1% | 5.2% |
| MMM Dec | 16.5% | 14.7% | 20.6% | 2.6% | 5.6% |
| JCI Sep | 8.4% | 3.6% | 6.3% | 4.7% | 9.0% |
| TT Dec | 9.7% | 7.6% | 11.8% | 14.0% | 13.2% |
| LHX Jan | 13.2% | 11.2% | 8.5% | 10.1% | - |
| Peer median | 12.2% | 8.8% | 8.9% | 9.8% | 10.1% |
Return on equity, FY2021 to FY2025
Net income / shareholders' equity at the year end.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | 16.1% | 22.9% | 29.0% | 23.8% | 12.3% |
| LUV Dec | 9.4% | 5.0% | 4.4% | 4.5% | 5.5% |
| UNP Dec | 46.1% | 57.5% | 43.1% | 39.9% | 38.7% |
| ETN Dec | 13.1% | 14.5% | 16.9% | 20.5% | 21.0% |
| WM Dec | 25.5% | 32.7% | 33.4% | 33.3% | 27.1% |
| FERG Jul | - | 45.5% | 37.5% | 30.9% | 31.8% |
| MMM Dec | 39.4% | 39.2% | −145.5% | 108.6% | 69.1% |
| JCI Sep | 9.3% | 9.4% | 11.2% | 10.6% | 25.5% |
| TT Dec | 22.8% | 28.8% | 28.9% | 34.4% | 34.0% |
| LHX Jan | 9.6% | 5.7% | 6.5% | 7.7% | 8.2% |
| Peer median | 17.9% | 28.8% | 16.9% | 30.9% | 27.1% |
Debt / equity, FY2021 to FY2025
Total debt / shareholders' equity at the year end.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | - | - | - | - | - |
| LUV Dec | 1.03 | 0.76 | 0.76 | 0.65 | 0.62 |
| UNP Dec | 2.13 | 2.76 | 2.20 | 1.85 | 1.72 |
| ETN Dec | 0.52 | 0.51 | 0.49 | 0.50 | 0.51 |
| WM Dec | 1.88 | 2.19 | 2.35 | 2.90 | 2.29 |
| FERG Jul | - | - | 0.75 | 0.70 | 0.72 |
| MMM Dec | 1.15 | 1.08 | 3.34 | 3.40 | 2.68 |
| JCI Sep | 0.44 | 0.52 | 0.53 | 0.59 | 0.77 |
| TT Dec | 0.83 | 0.97 | 0.80 | 0.70 | 0.62 |
| LHX Jan | 0.37 | 0.38 | 0.70 | 0.63 | 0.57 |
| Peer median | 0.93 | 0.86 | 0.76 | 0.70 | 0.72 |
EPS (diluted), FY2021 to FY2025
Diluted earnings per share, on today's share count after splits.| Company | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PCAR Dec | $3.57 | $5.75 | $8.76 | $7.90 | $4.51 |
| LUV Dec | $1.61 | $0.87 | $0.76 | $0.76 | $0.79 |
| UNP Dec | $9.95 | $11.21 | $10.45 | $11.09 | $11.98 |
| ETN Dec | $5.34 | $6.14 | $8.02 | $9.50 | $10.45 |
| WM Dec | $4.29 | $5.39 | $5.66 | $6.81 | $6.70 |
| FERG Jul | - | $9.69 | $9.12 | $8.53 | $9.32 |
| MMM Dec | $10.12 | $10.18 | −$12.63 | $7.55 | $6.00 |
| JCI Sep | $2.27 | $2.19 | $2.69 | $2.52 | $5.03 |
| TT Dec | $5.87 | $7.48 | $8.77 | $11.24 | $12.98 |
| LHX Jan | $9.09 | $5.49 | $6.44 | $7.87 | $8.53 |
| Peer median | $5.61 | $6.14 | $6.44 | $7.87 | $8.53 |
Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out PCAR and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →
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