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Side-by-side financial comparison of Paccar (PCAR) and W. R. Berkley Corporation (WRB). Click either name above to swap in a different company.

Paccar is the larger business by last-quarter revenue ($6.8B vs $3.7B, roughly 1.8× W. R. Berkley Corporation). W. R. Berkley Corporation runs the higher net margin — 14.0% vs 8.2%, a 5.8% gap on every dollar of revenue. On growth, W. R. Berkley Corporation posted the faster year-over-year revenue change (4.0% vs -13.7%). Over the past eight quarters, W. R. Berkley Corporation's revenue compounded faster (5.5% CAGR vs -11.7%).

Paccar Inc. is an American company that manufactures heavy-duty trucks. It operates subsidiaries including Kenworth, Peterbilt, and DAF Trucks. Headquartered in Bellevue, Washington, PACCAR also provides financial services and industrial parts. Its stock is listed on the Nasdaq and is part of the S&P 500 index.

William Robert Berkley is the founder and current chairman of W. R. Berkley Corporation and the chairman of the New York University Board of Trustees.

PCAR vs WRB — Head-to-Head

Bigger by revenue
PCAR
PCAR
1.8× larger
PCAR
$6.8B
$3.7B
WRB
Growing faster (revenue YoY)
WRB
WRB
+17.8% gap
WRB
4.0%
-13.7%
PCAR
Higher net margin
WRB
WRB
5.8% more per $
WRB
14.0%
8.2%
PCAR
Faster 2-yr revenue CAGR
WRB
WRB
Annualised
WRB
5.5%
-11.7%
PCAR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PCAR
PCAR
WRB
WRB
Revenue
$6.8B
$3.7B
Net Profit
$556.9M
$515.2M
Gross Margin
19.3%
Operating Margin
10.3%
Net Margin
8.2%
14.0%
Revenue YoY
-13.7%
4.0%
Net Profit YoY
-36.1%
23.4%
EPS (diluted)
$1.06
$1.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PCAR
PCAR
WRB
WRB
Q1 26
$3.7B
Q4 25
$6.8B
$3.7B
Q3 25
$6.7B
$3.8B
Q2 25
$7.5B
$3.7B
Q1 25
$7.4B
$3.5B
Q4 24
$7.9B
$3.7B
Q3 24
$8.2B
$3.4B
Q2 24
$8.8B
$3.3B
Net Profit
PCAR
PCAR
WRB
WRB
Q1 26
$515.2M
Q4 25
$556.9M
$449.5M
Q3 25
$590.0M
$511.0M
Q2 25
$723.8M
$401.3M
Q1 25
$505.1M
$417.6M
Q4 24
$872.0M
$576.1M
Q3 24
$972.1M
$365.6M
Q2 24
$1.1B
$371.9M
Gross Margin
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
19.3%
Q3 25
19.9%
Q2 25
20.2%
Q1 25
20.8%
Q4 24
21.6%
Q3 24
22.0%
Q2 24
22.8%
Operating Margin
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
10.3%
15.4%
Q3 25
11.1%
17.2%
Q2 25
12.4%
14.2%
Q1 25
8.6%
15.2%
Q4 24
14.5%
19.9%
Q3 24
15.2%
14.0%
Q2 24
16.7%
14.7%
Net Margin
PCAR
PCAR
WRB
WRB
Q1 26
14.0%
Q4 25
8.2%
12.1%
Q3 25
8.8%
13.6%
Q2 25
9.6%
10.9%
Q1 25
6.8%
11.8%
Q4 24
11.0%
15.7%
Q3 24
11.8%
10.8%
Q2 24
12.8%
11.2%
EPS (diluted)
PCAR
PCAR
WRB
WRB
Q1 26
$1.31
Q4 25
$1.06
$1.13
Q3 25
$1.12
$1.28
Q2 25
$1.37
$1.00
Q1 25
$0.96
$1.04
Q4 24
$1.65
$0.89
Q3 24
$1.85
$0.91
Q2 24
$2.13
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PCAR
PCAR
WRB
WRB
Cash + ST InvestmentsLiquidity on hand
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$19.3B
Total Assets
$44.3B
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCAR
PCAR
WRB
WRB
Q1 26
$2.1B
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.0B
Q1 25
$1.7B
Q4 24
$2.0B
Q3 24
$1.6B
Q2 24
$1.6B
Stockholders' Equity
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
$19.3B
$9.7B
Q3 25
$19.4B
$9.8B
Q2 25
$18.9B
$9.3B
Q1 25
$18.0B
$8.9B
Q4 24
$17.5B
$8.4B
Q3 24
$18.7B
$8.4B
Q2 24
$17.7B
$7.8B
Total Assets
PCAR
PCAR
WRB
WRB
Q1 26
$44.3B
Q4 25
$44.3B
$44.1B
Q3 25
$44.2B
$43.7B
Q2 25
$44.1B
$42.7B
Q1 25
$42.7B
$41.3B
Q4 24
$43.4B
$40.6B
Q3 24
$43.3B
$40.4B
Q2 24
$41.2B
$38.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PCAR
PCAR
WRB
WRB
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$954.4M
FCF MarginFCF / Revenue
14.0%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters
$3.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
$1.1B
$995.1M
Q3 25
$1.5B
$1.1B
Q2 25
$833.4M
$703.8M
Q1 25
$910.3M
$743.8M
Q4 24
$1.4B
$810.0M
Q3 24
$1.3B
$1.2B
Q2 24
$440.0M
$881.3M
Free Cash Flow
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
$954.4M
Q3 25
$1.4B
Q2 25
$611.3M
Q1 25
$745.2M
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$219.7M
FCF Margin
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
14.0%
Q3 25
20.4%
Q2 25
8.1%
Q1 25
10.0%
Q4 24
15.3%
Q3 24
13.3%
Q2 24
2.5%
Capex Intensity
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
2.8%
Q3 25
2.5%
Q2 25
3.0%
Q1 25
2.2%
Q4 24
3.0%
Q3 24
2.4%
Q2 24
2.5%
Cash Conversion
PCAR
PCAR
WRB
WRB
Q1 26
Q4 25
2.05×
2.21×
Q3 25
2.59×
2.23×
Q2 25
1.15×
1.75×
Q1 25
1.80×
1.78×
Q4 24
1.66×
1.41×
Q3 24
1.32×
3.39×
Q2 24
0.39×
2.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PCAR
PCAR

Truck Subsegment$4.5B66%
Parts Subsegment$1.7B25%
Other$359.4M5%
Financial Services$208.1M3%

WRB
WRB

Segment breakdown not available.

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