PACCAR (PCAR) Revenue — Quarter Ended Dec 31, 2024
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The decrease reflects a continuation of the downward trend observed over the past several quarters.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The decrease reflects a continuation of the downward trend observed over the past several quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.9B
Revenue reported for this quarter.
Quarter-over-quarter
-4.0%
Change from the immediately preceding quarter.
Year-over-year
-12.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $8.7B | +3.2% |
| Jun 30, 2024 | $8.8B | -1.2% |
| Sep 30, 2024 | $8.2B | -5.2% |
| Dec 31, 2024 | $7.9B | -12.9% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, marking a sequential decline. This follows a pattern of decreasing revenue over the last four quarters.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was also lower, reflecting a year-over-year decline. The sequential and annual comparisons both point to a contraction in revenue.
What to watch
Monitor whether the downward revenue trend continues in the upcoming quarter.