Business Segments · Equipment On Operating Leases Net

Financial Services — Equipment On Operating Leases Net

Paccar Financial Services — Equipment On Operating Leases Net decreased by 1.9% to $1.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $1.87B to $1.83B. Over 3 years (FY 2022 to FY 2025), Financial Services — Equipment On Operating Leases Net shows a downward trend with a -11.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

An increase indicates a growing operating lease portfolio, which requires significant capital investment and residual value management.

Detailed definition

This metric represents the net book value of physical equipment currently leased to customers under operating lease agre...

Peer comparison

Similar to operating lease asset balances at heavy equipment rental or leasing companies.

Metric ID: pcar_segment_financial_services_equipment_on_operating_leases_net

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.89B$2.81B$2.70B$2.55B$2.61B$2.53B$2.35B$2.19B$2.18B$2.04B$2.01B$1.99B$1.89B$1.87B$1.93B$1.87B$1.87B$1.83B
QoQ Change-2.6%-3.8%-5.9%+2.6%-3.3%-7.0%-6.9%-0.6%-6.1%-1.4%-1.2%-4.9%-1.2%+3.2%-2.9%-0.2%-1.9%
YoY Change-9.5%-10.1%-13.1%-14.0%-16.7%-19.2%-14.4%-9.2%-13.1%-8.5%-4.2%-5.9%-1.2%-1.9%
Range$1.83B$2.89B
CAGR-10.1%
Avg YoY Growth-10.1%
Median YoY Growth-9.8%
Current Streak3 quarters decline

Frequently Asked Questions

What is Paccar's financial services — equipment on operating leases net?
Paccar (PCAR) reported financial services — equipment on operating leases net of $1.83B in Q1 2026.
How has Paccar's financial services — equipment on operating leases net changed year-over-year?
Paccar's financial services — equipment on operating leases net decreased by 1.9% year-over-year, from $1.87B to $1.83B.
What is the long-term trend for Paccar's financial services — equipment on operating leases net?
Over 3 years (2022 to 2025), Paccar's financial services — equipment on operating leases net has grown at a -11.0% compound annual growth rate (CAGR), from $10.67B to $7.54B.
What does financial services — equipment on operating leases net mean?
The net value of equipment owned by the company that is currently out on operating leases.