Paccar

Paccar

Designs, manufactures, and finances trucks

About Paccar

Simplify's Rating
Why Paccar is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Automotive & Transportation

Hardware

Industrial & Manufacturing

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Bellevue, Washington

Founded

1905

Overview

PACCAR Inc. designs, manufactures, and supports premium trucks under the Kenworth, Peterbilt, and DAF brands. It makes light, medium, and heavy-duty vehicles and also designs and sells its own diesel engines. The company provides financial services, including truck leasing and financing through PacLease, and offers aftermarket parts and maintenance services. It uses information technology to improve manufacturing and customer support. PACCAR serves customers in North America, Europe, and Australia, including commercial fleets and logistics providers. Its goal is to help customers move goods efficiently by delivering durable trucks, financing options, and a network of parts, service, and support.

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Simplify's Take

What believers are saying

  • Section 232 tariffs boost local US manufacturing advantages.
  • Record $6.87B PACCAR Parts revenue grows 4-8% in 2026.
  • $450-500M R&D funds hybrids, BEVs, and autonomous tech.

What critics are saying

  • Quebec plant closes after 725 layoffs from Section 232 tariffs.
  • Aurora partnership delays driverless trucks to post-Q2 2026.
  • European litigation penalties exceed $264.5M, erasing Parts profits.

What makes Paccar unique

  • Kenworth and Peterbilt hold 30% US/Canada Class 8 market share.
  • PACCAR Parts and Financial Services set revenue records.
  • Premium brands emphasize durability, technology, and innovation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Tuition Reimbursement

EAP services including wellness plans, estate planning, financial counseling and more

Stock Price

Company News

Yahoo Finance
Feb 4th, 2026
PACCAR stock gains 17% despite truck segment setback, analysts rate it 'Moderate Buy

PACCAR, the Bellevue-based truck manufacturer, has gained 17.2% over the past 52 weeks and is up 16.8% year-to-date, outperforming the S&P 500 index. The stock recently reached a 52-week high of $128.42, giving the company a market capitalisation of $64.55 billion. In January, PACCAR reported better-than-expected Q4 results, with revenues of $6.82 billion exceeding analyst estimates of $6.66 billion, despite a 13.7% year-over-year decline. The truck segment faced headwinds from a challenging North American freight market and new tariffs, though parts and financial services provided partial offsets. Analysts expect earnings per share to decline 20.6% year-over-year this quarter to $1.16, but forecast 10.6% growth in fiscal 2026. Among 19 Wall Street analysts, the consensus rating is "Moderate Buy", with seven "Strong Buy" ratings and 12 "Holds".

Yahoo Finance
Feb 3rd, 2026
PACCAR beats revenue estimates despite 14% sales decline amid tariffs and freight headwinds

PACCAR reported fourth-quarter revenue of $6.82 billion, beating analyst estimates of $6.66 billion despite a 13.7% year-on-year decline. Adjusted earnings per share matched expectations at $1.06, whilst adjusted EBITDA of $696.4 million exceeded forecasts by 20.6%. CEO Preston Feight attributed the softer truck sales to challenging North American freight conditions, shifting emissions policies and new Section 232 truck tariffs. However, PACCAR Parts and PACCAR Financial Services delivered record quarterly revenues, helping offset weaker truck demand. Management expects margin improvement in the first quarter as production stabilises following retooling for local manufacturing. The company highlighted AI-driven service enhancements and data-driven offerings as future growth drivers. Operating margin fell to 7.1% from 11.4% in the prior-year quarter.

Yahoo Finance
Jan 27th, 2026
PACCAR posts $28.4B revenue and 87th straight profitable year amid tariff clarity

PACCAR reported fourth-quarter revenue of $6.8 billion and net income of $557 million, with full-year 2025 revenue of $28.4 billion and adjusted net income of $2.64 billion. The company achieved its 87th consecutive profitable year and paid a $2.72 per-share dividend in 2025. CEO Preston Feight said recent policy clarity on Section 232 tariffs and the confirmed EPA 2027 NOx limit should support customer buying decisions. PACCAR expects first-quarter truck parts and other gross margins to rise to 12.5–13% as tariff benefits and reduced production inefficiencies take effect. PACCAR Parts and PACCAR Financial Services set revenue records, generating $6.9 billion and $2.2 billion respectively. The company plans $725–775 million in capital spending and $450–500 million in R&D for 2026 to develop clean-diesel, hybrid, electric powertrains, batteries and autonomous technologies.

Yahoo Finance
Jan 27th, 2026
PACCAR posts $2.64B profit in 2025 as truck maker eyes clearer US market ahead

PACCAR reported fourth-quarter revenues of $6.8 billion and net income of $557 million. For the full year 2025, the company achieved revenues of $28.4 billion and adjusted net income of $2.64 billion, marking its fourth-highest profit year and 87th consecutive year of profitability. PACCAR Parts and PACCAR Financial Services both achieved quarterly and annual revenue records. The company's Kenworth and Peterbilt brands captured 30% market share in the US and Canadian Class 8 truck market, where retail sales totalled 233,000 units. CEO Preston Feight highlighted that clarity on tariffs and emissions regulations positions the company favourably. The 2026 US and Canadian Class 8 truck market is forecast between 230,000 and 270,000 vehicles, supported by economic growth and improving freight conditions.

Business Wire
Jan 27th, 2026
PACCAR reports $2.38B net income on $28.44B revenue, Parts division hits record $6.87B

PACCAR reported annual revenues of $28.44 billion and net income of $2.38 billion in 2025. Excluding a $264.5 million after-tax charge related to European civil litigation, adjusted net income reached $2.64 billion, the fourth-best result in the company's 120-year history. The truck manufacturer delivered 144,200 vehicles worldwide, with Kenworth and Peterbilt achieving 30% market share in the US and Canada Class 8 segment. PACCAR Parts achieved record revenues of $6.87 billion, whilst Financial Services earned $485.4 million in pre-tax profit on record revenues of $2.21 billion. PACCAR declared $2.72 per share in dividends during 2025 and invested $1.17 billion in capital projects and research. The company estimates US and Canada Class 8 industry sales will range between 230,000-270,000 trucks in 2026.

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