Invesaro

Stocks Comparison

Li Auto vs Paccar: revenue, profit, margins and growth compared

Li Auto brought in $16.1B of revenue in fiscal 2025, Paccar $28.4B in fiscal 2025. Revenue changed by -18.8% at Li Auto and -15.5% at Paccar on the year before, so Paccar grew faster. Li Auto kept 1.0% of its revenue as net profit, Paccar 8.4%. Free cash flow was -$1.8B at Li Auto and $3.7B at Paccar.

Side by side, latest fiscal year

LIPCAR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$16.1B$28.4B
Revenue growth-18.8%-15.5%
Net income$160.8M$2.4B
Net margin1.0%8.4%
Free cash flow-$1.8B$3.7B
Free cash flow margin-11.4%12.9%
Earnings per share (diluted)$0.08$4.51
Cash$8.1Bn/a
Debt$471.8Mn/a
Price to earningsn/a24.8
Market value$12.5B$58.8B
Dividend yieldn/a2.44%
Rank by revenue in sector#40 of 587 · Industrials#24 of 587 · Industrials

Over the years

Revenue
LI FY2020: $1.4BLI FY2021: $4.2BLI FY2022: $6.6BLI FY2023: $17.4BLI FY2024: $19.8BLI FY2025: $16.1BPCAR FY2018: $23.5BPCAR FY2019: $25.6BPCAR FY2020: $18.7BPCAR FY2021: $23.5BPCAR FY2022: $28.8BPCAR FY2023: $35.1BPCAR FY2024: $33.7BPCAR FY2025: $28.4BFY18FY19FY20FY21FY22FY23FY24FY25
LI $16.1BPCAR $28.4B
Net income
LI FY2020: -$23.2MLI FY2021: -$50.4MLI FY2022: -$291.7MLI FY2023: $1.6BLI FY2024: $1.1BLI FY2025: $160.8MPCAR FY2018: $2.2BPCAR FY2019: $2.4BPCAR FY2020: $1.3BPCAR FY2021: $1.9BPCAR FY2022: $3BPCAR FY2023: $4.6BPCAR FY2024: $4.2BPCAR FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
LI $160.8MPCAR $2.4B
Net margin
LI FY2020: -1.6%LI FY2021: -1.2%LI FY2022: -4.4%LI FY2023: 9.5%LI FY2024: 5.6%LI FY2025: 1.0%PCAR FY2018: 9.3%PCAR FY2019: 9.3%PCAR FY2020: 6.9%PCAR FY2021: 7.9%PCAR FY2022: 10.4%PCAR FY2023: 13.1%PCAR FY2024: 12.4%PCAR FY2025: 8.4%FY18FY19FY20FY21FY22FY23FY24FY25
LI 1.0%PCAR 8.4%
Revenue growth
LI FY2021: +192.4%LI FY2022: +54.9%LI FY2023: +165.7%LI FY2024: +13.5%LI FY2025: -18.8%PCAR FY2019: +9.0%PCAR FY2020: -26.8%PCAR FY2021: +25.6%PCAR FY2022: +22.5%PCAR FY2023: +21.9%PCAR FY2024: -4.2%PCAR FY2025: -15.5%FY19FY20FY21FY22FY23FY24FY25
LI -18.8%PCAR -15.5%
Free cash flow
LI FY2020: $377.7MLI FY2021: $768.3MLI FY2022: $326.6MLI FY2023: $6.2BLI FY2024: $1.1BLI FY2025: -$1.8BPCAR FY2018: $2.5BPCAR FY2019: $2.3BPCAR FY2020: $2.4BPCAR FY2021: $1.6BPCAR FY2022: $2.5BPCAR FY2023: $3.5BPCAR FY2024: $3.8BPCAR FY2025: $3.7BFY18FY19FY20FY21FY22FY23FY24FY25
LI -$1.8BPCAR $3.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Li Auto and Paccar

Which is bigger by revenue, Li Auto or Paccar?

Paccar is bigger by revenue: $28.4B in fiscal 2025, against $16.1B for Li Auto in fiscal 2025.

Which keeps more of its revenue as profit, Li Auto or Paccar?

Li Auto had a net margin of 1.0% in fiscal 2025; Paccar had 8.4% in fiscal 2025.

Which grew revenue faster, Li Auto or Paccar?

In their latest fiscal years revenue changed by -18.8% at Li Auto and -15.5% at Paccar.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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