PACCAR Inc
NasdaqGS-PCAR
Company Overview
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
Name
PACCAR Inc
CEO
R. Preston Feight
Website
www.paccar.com
Sector
Machinery
Year Founded
1905
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Bulls Say
Paccar will continue to gain market share owing to its superior products.
The company can insource more engines, disintermediating key supplier Cummins, and enhancing profitability.
The company leads the industry with innovation in alternative powertrains and automation.
Bears Say
Trade wars and/or supply chain disruptions could reduce freight demand.
Environmental regulations may prove onerous and weigh on returns.
The market could be disrupted by innovation in alternative propulsion similar to Tesla/Rivian in passenger vehicles.
What's happening
Nov 5, 2025 - Dec 5, 2025
Paccar Inc. Surges Amid Regulatory Changes and Strong Demand Signals
- A new heavy-duty NOx rule from the EPA boosts investor sentiment for Paccar Inc.
- Preliminary Class 8 orders indicate robust demand in the heavy-duty truck market, positively impacting stock performance.
- Mixed analyst reviews follow quarterly earnings that fell short of expectations, introducing some bearish sentiment.
Over the past month, Paccar Inc. (PCAR) demonstrated a significant overall price movement of 12.0%, notably outperforming the S&P 500's return of 1.3%. This strong performance can be attributed to several key developments that positively influenced investor sentiment regarding PCAR's future prospects.
A pivotal moment occurred on November 18 when the Environmental Protection Agency (EPA) announced plans for a new heavy-duty NOx rule set to take effect in the following model year. This regulation aims to reduce costs for new heavy-duty vehicles while ensuring health and environmental protections, leading to a positive reaction in PCAR’s stock price as investors anticipated favorable conditions for sales growth in this segment. The announcement resulted in an impressive increase of 3.2% in share value.
On December 3, Act Research reported preliminary Class 8 orders reaching approximately 19,700 units for November, signaling robust demand trends within the heavy-duty truck market directly relevant to Paccar's business strategy. This news contributed another bullish day with shares rising by 1.9%, reinforcing confidence among investors regarding sustained demand amidst challenging economic conditions.
However, not all news was positive during this period; on November 24, analysts provided mixed reviews about PCAR’s performance after quarterly earnings fell slightly short of expectations at $1.12 per share against projected figures alongside revenues declining by over twenty percent year-over-year to $7.24 billion. Such results prompted some bearish sentiment reflected through downgraded recommendations from firms like Zacks Research which labeled PACCAR as a strong sell despite others maintaining hold ratings or increasing price targets.
Throughout this month-long period marked by both bullish announcements and cautious analyst evaluations, PCAR demonstrated resilience within its sector dynamics—ultimately outperforming broader market indices by an impressive margin of over ten percent relative to S&P performance and achieving significant gains compared to peers within the Industrials sector where it outperformed by an impressive margin of 10.4%.