Business Segments · Commercial Paper

Financial Services — Commercial Paper

Paccar Financial Services — Commercial Paper decreased by 15.5% to $4.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.5%, from $5.48B to $4.64B.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

High reliance on commercial paper can indicate a need for short-term liquidity, but also reflects strong access to credit markets.

Detailed definition

Represents the short-term, unsecured promissory notes issued by the company to meet immediate working capital needs. Thi...

Peer comparison

Standard short-term debt instrument used by large-cap corporations.

Metric ID: pcar_segment_financial_services_commercial_paper

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$3.03B$3.27B$5.07B$5.48B$4.64B
QoQ Change+7.9%+55.2%+8.2%-15.5%
YoY Change+7.9%+55.2%+8.2%-15.5%
Range$3.03B$5.48B
CAGR+53.2%
Avg YoY Growth+14.0%
Median YoY Growth+8.1%

Frequently Asked Questions

What is Paccar's financial services — commercial paper?
Paccar (PCAR) reported financial services — commercial paper of $4.64B in Q4 2025.
How has Paccar's financial services — commercial paper changed year-over-year?
Paccar's financial services — commercial paper decreased by 15.5% year-over-year, from $5.48B to $4.64B.
What does financial services — commercial paper mean?
Short-term debt issued by the company to fund daily operations.