PACCAR Gross Margin 2010-2024 | PCAR
- PACCAR average gross margin for 2023 was 22%, a 18.66% increase from 2022.
- PACCAR average gross margin for 2022 was 18.54%, a 5.02% increase from 2021.
- PACCAR average gross margin for 2021 was 19.52%, a 0.51% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.