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Paccar reports record net income following 23% increase in revenues for 2022

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By Bradley Osborne - 15th February 2023

USA – Paccar Inc, the owner of several truck brands based in Bellevue, Washington, announced a “record” net income of USD921.3m in 2022, thanks to considerable increases in its sales revenues and its earnings compared to the year before.

The group’s sales revenue for 2022 was USD28.82bn, a near 23% increase over 2021 (USD23.52bn). It earned USD3.01bn in 2022, compared to USD1.87bn in 2021 – an increase exceeding 60%.

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