Paccar PCAR Financial Services — Financing Receivable Allowance For Credit Losses
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Where this comes from
Reported directly by Paccar in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLosses.
The official record: Paccar’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Paccar's financial services — financing receivable allowance for credit losses?
- Paccar (PCAR) reported financial services — financing receivable allowance for credit losses of $196.3M in Q1 2026.
- How has Paccar's financial services — financing receivable allowance for credit losses changed year-over-year?
- Paccar's financial services — financing receivable allowance for credit losses increased by 35.8% year-over-year, from $144.6M to $196.3M.
- What is the long-term trend for Paccar's financial services — financing receivable allowance for credit losses?
- Over 4 years (2021 to 2025), Paccar's financial services — financing receivable allowance for credit losses has grown at a 8.1% compound annual growth rate (CAGR), from $490.7M to $669.6M.
- What does financial services — financing receivable allowance for credit losses mean?
- This metric represents the reserve set aside by the financial services segment to cover potential defaults or non-payment on its loan and lease portfolio. It is a direct reflection of management's assessment of credit risk and the current economic environment. An increase in this allowance typically indicates an expectation of higher future credit losses.