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PACCAR Inc.

PCAR · NASDAQ-GS

Symbol: PCAR
Type: Stock
Sector: Industrials
Industry: Auto Manufacturing
Country: North America
Exchange: NASDAQ-GS

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. Its trucks are sold through over 2,200 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 28% of the Class 8 market share in North America and 16% of the heavy-duty market share in Europe.

Key Issues

Bullish view

Second-quarter results cited robust truck deliveries alongside $7.5 billion of revenue and $752 million of net income, suggesting demand can support a recovery.

Bearish view

FY2025 revenue fell to $28.4 billion from $33.7 billion, while net income declined to $2.4 billion from $4.2 billion, showing that the broader earnings trend remains weaker.