Paccar (PCAR)
Industrials · Commercial vehicle manufacturing and financing
PACCAR designs and manufactures commercial trucks under iconic nameplates (Kenworth, Peterbilt, DAF) alongside financing and aftermarket parts, operating profitably for 87 consecutive years.
What Paccar does
PACCAR is a global technology company that designs and manufactures light-, medium- and heavy-duty commercial trucks sold under the Kenworth, Peterbilt, and DAF nameplates across North America, Europe, and other markets. The company operates three segments: Truck (design and manufacture), Parts (aftermarket distribution), and Financial Services (financing and leasing of PACCAR products across four continents and 26 countries). In 2025, PACCAR generated $28.44 billion in worldwide net sales and revenues, with net income of $2.38 billion, marking its 87th consecutive year of profitability.
Themes: ["Commercial vehicle manufacturing","Truck financing and leasing","Aftermarket parts and service","North American truck market","European truck market","Supply chain and tariff exposure","Engine technology and emissions compliance","Capital-intensive manufacturing","Global transportation infrastructure"]
Fundamentals
- Price$123.28 as of 2026-07-09 close
- Market cap$64.8B as of 2026-07-10
- 1-year return+24.9% as of 2026-07-09 close
- P/E26.16 as of 2026-07-10
- Net margin+8.9% as of 2026-07-10
- Gross margin+19.9% as of 2026-07-10
- ROE+12.8% as of 2026-07-10
- Debt / equity0.76 as of 2026-07-10
- Revenue growth (YoY)-14.2% as of 2026-07-10
- Revenue CAGR (3y)-0.4% SEC XBRL
- Beta1.00 as of 2026-07-10
Dividend: yield +1.1%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Import tariff exposure: U.S. government tariffs imposed since March 2025 have negatively affected truck order intake and profit margins, with ongoing unfavorable impact despite mitigating actions.","Cyclical truck market demand: 2026 industry projections show flat to declining heavy-duty retail sales in U.S./Canada (230K-270K units vs. 233K in 2025) and Europe (280K-320K units vs. 297K in 2025), exposing company to freight demand cycles.","Financial services credit risk: Provision for losses on receivables increased to $44.1 million in Q1 2026 from $18.3 million in Q1 2025; used truck repossessions and credit losses could spike if freight transportation conditions weaken."]
Competitors & peers
- Volvo Trucks
- Daimler Truck (Mercedes-Benz commercial vehicles)
- MAN Truck & Bus
- Scania
- Navistar International (NAVISTAR)
- J.B. Hunt Transport Services
- Schneider National
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.