Paccar Inc Overview: PACCAR Inc (PACCAR) is occupied with the plan, production, and client assistance of light, medium-and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. The organization additionally offers tweaked monetary types of assistance, data innovation, and truck parts identified with its essential business.
The Company works in three sections: design, manufacture, and conveyance of light, medium-and heavy-duty trucks, the spread of parts for the truck reseller’s exchange and related business vehicles, and finance and renting items and administrations given to clients and sellers.
The Financial Services segment provides finance and leasing products, and services provided to truck customers and dealers. The company was founded by William Pigott Sr. in 1905 and is headquartered in Bellevue, WA.
William Pigott, in 1905
PACCAR Building, Bellevue, Washington, Greater Seattle Area, West Coast, Western US
Automotive, Manufacturing, Product Design, Transportation
Worldwide (Except Cuba, North Korea, Syria, Sudan, and Iran)
Market Cap of Paccar– As of September 2021, Paccar has a market cap of $28.31 Billion. This makes Paccar the world’s 722nd most valuable company by market cap according to companiesmarketcap.com data.
According to Paccar’s latest financial report, the company’s current revenue (TTM) is $19.41B. In 2020 the company made a revenue of $18.72 B a decrease over the year’s 2019 revenue of $25.59 B.
As indicated by Paccar’s most recent monetary reports the company’s present profit (TTM) is $1.72 B. In 2020 the organization made an acquiring of $1.56 B a lessening over its 2019 income that was of $2.97 B. The income shown on this page is the profit before interest and burdens or EBIT.
PACCAR’s Competitors in the Market
Paccar’s competitors are as include Scania, Tesla, Dover, Tata Motors, Cummins, Oshkosh Corporation, Volvo Group, Navistar and Daimler etc,.
Where does PACCAR make most of its money?
PACCAR Global sells the company’s products in more than 100 countries and is expanding its dealer network in Asia and throughout the world. Approximately half of PACCAR’s revenues and profits are generated outside the United States.