PACCAR Inc - Company Profile
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PACCAR Inc (PACCAR) is an automobile company. It carries out the design, manufacture, and distribution of commercial trucks, aftermarket parts, and financial services. The company's major products include light-, medium-, and heavy-duty trucks, marketed under the Kenworth, Peterbilt, and DAF brands. PACCAR's trucks are used worldwide for over-the-road and off-highway hauling of commercial and consumer goods. It serves a diverse customer base, including commercial trucking companies and independent owner/operators, through a network of independent dealers and parts distribution centers. The company operates manufacturing facilities in the US, Australia, Brazil, Canada, and Mexico, targeting markets across North America, Europe, South America, and Australia. PACCAR is headquartered in Bellevue, Washington, the US.
Headquarters
United States of America
Address
777 106th Avenue Ne, Bellevue, Washington, 98004
Website
www.paccar.com
Telephone
1 425 4687525
No of Employees
25,900
Industry
Automotive
Ticker Symbol & Exchange
PCAR (NASD)
Revenue (2024)
$28.4B
-15.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-42.9%
(2024 vs 2023)
Market Cap*
$69.8B
Net Profit Margin (2024)
XYZ
-32.4%
(2024 vs 2023)
* As of and is in US$
PACCAR Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Light trucks | Finance and Leasing | Kenworth |
| Medium trucks | Inventory Financing | Peterbilt |
| Diesel engines | Equipment Leasing | DAF |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Divestiture | In November, the company sold PACCAR Winch to The Black Phoenix Group LLC, an investment firm. |
| 2024 | Others | In July, Amplify Cell Technologies commenced the construction of its new battery cell manufacturing plant in Marshall County, Mississippi, the US. |
| 2024 | New Products/Services | In June, Kenworth launched a CARB-compliant variant of the PACCAR MX-13 engine for their heavy-duty Kenworth models. |
Competitor Comparison
| Key Parameters | PACCAR Inc | Caterpillar Inc | Daimler Truck Holding AG | Traton SE | AB Volvo |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Germany | Germany | Sweden |
| City | Bellevue | Irving | Leinfelden-Echterdingen | Munich | Gothenburg |
| State/Province | Washington | Texas | Baden-Wurttemberg | Bayern | Vastra Gotaland |
| No. of Employees | 25,900 | 118,000 | 108,476 | 108,752 | 101,202 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark C. Pigott | Chairman | Executive Board | 2014 | 72 |
| R. Preston Feight | Chief Executive Officer; Director | Executive Board | 2019 | 58 |
| Brice J. Poplawski | Chief Financial Officer; Senior Vice President | Senior Management | 2025 | 61 |
| A. Lily Ley | Vice President; Chief Information Officer | Senior Management | 2017 | 60 |
| John N. Rich | Chief Technology Officer; Executive Vice President | Senior Management | 2026 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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