Industry revenues:

• Commercial vehicles: approx. 70%
• Financial services: approx. 20%
• Spare parts and others: approx. 10%

TOP 3 markets:

• USA: approx. 50%
• Europe: approx. 30%
• Latin America: approx. 10%

PACCAR Inc generates the majority of its revenues from the sale of commercial vehicles, with the USA being the largest individual market. The European market also significantly contributes to the income, followed by Latin America. Financial services and the sale of spare parts are additional important sources of revenue that complement the core business.

Production sites of PACCAR Inc:

1. USA: Several plants, including in Renton, Washington, and Chillicothe, Ohio.
2. Canada: Production facility in Sainte-Thérèse, Quebec.
3. Mexico: Plant in Mexicali.
4. Netherlands: Production facility in Eindhoven.
5. Belgium: Plant in Westerlo.
6. Brazil: Production facility in Ponta Grossa.
7. Australia: Plant in Bayswater, Victoria.

PACCAR Inc is a leading manufacturer of light, medium, and heavy-duty commercial vehicles. The company produces its products at various international locations to efficiently serve the demand in the respective markets. This geographical diversification enables PACCAR to leverage logistical advantages and flexibly respond to regional market requirements.

Revenue growth: 10% (estimated 2025)
Investments in electromobility: 500 million USD (2024)

PACCAR Inc pursues a growth strategy that is strongly focused on innovation and sustainability. The company invests significantly in the development of electric and hydrogen propulsion technologies to meet the growing demand for environmentally friendly transport solutions.

In addition, PACCAR is expanding into new markets and strengthening its global presence through strategic partnerships and joint ventures. These initiatives are intended not only to promote revenue growth but also to increase market share in various regions.

Another focus is on digitization and improving efficiency in the supply chain to reduce operating costs and increase profitability. PACCAR relies on modern technologies such as telematics and connected vehicles to offer its customers innovative services.

Main raw materials: Steel, aluminum, copper, electronic components

Main importing countries: China, Germany, Japan, Mexico

PACCAR Inc, a leading manufacturer of commercial vehicles, imports a variety of raw materials and components necessary for the production of their trucks and other vehicles. Steel and aluminum are essential materials for vehicle construction and are often imported from countries such as China and Germany, known for their metal production.

Electronic components, essential for modern vehicle technologies, are often sourced from Japan and China, as these countries are leading in electronics manufacturing. Copper, needed for electrical systems, is also imported from several countries, with Mexico being a significant supplier.

Diversifying supply chains and ensuring material availability are crucial for PACCAR to avoid production interruptions and optimize costs.

Market share in North America: 29% (2024)
R&D investments: 1.1 billion USD (2024)
EBITDA margin: 16.5% (2024)

PACCAR Inc has a significant competitive advantage in the commercial vehicle industry, especially in North America, where the company holds a market share of 29%. This is due to the strong brand presence of Kenworth and Peterbilt, both of which operate under the umbrella of PACCAR.

The company continuously invests in research and development, with expenditures of 1.1 billion USD in 2024, to drive innovations in the areas of electromobility and autonomous driving. These investments strengthen PACCAR's technological leadership position and enable the company to adapt to changing market requirements.

The EBITDA margin of 16.5% demonstrates the efficient cost structure and the company's ability to operate profitably. This financial strength allows PACCAR to invest in new technologies while offering competitive prices.

Institutional Investor Share: approx. 70% (estimated for 2025 based on historical trends)

Insider Purchases/Sales: No significant changes in the last year (estimated for 2025)

PACCAR Inc has traditionally had a high institutional investor share, which has remained constant at around 70% in recent years. This stability demonstrates the confidence of large investors in the company.

Regarding insider activities, there have been no significant purchases or sales in the last year, indicating a stable assessment by the company's management of its future development.

Market share of PACCAR Inc: Estimate: 15% (2025)

Main competitors and their market shares:

1. Daimler Truck AG: 20%
2. Volvo Group: 18%
3. PACCAR Inc: 15%
4. Navistar International: 10%
5. Scania (part of Volkswagen AG): 8%
6. MAN (part of Volkswagen AG): 7%
7. Hino Motors (part of Toyota Group): 5%
8. Isuzu Motors: 4%
9. Tata Motors: 3%
10. Ashok Leyland: 2%

Moat of PACCAR Inc:

PACCAR Inc has a significant moat characterized by several factors. Firstly, the company has a strong brand reputation with its well-known brands Kenworth, Peterbilt, and DAF, known for quality and reliability. Secondly, PACCAR benefits from an extensive sales and service network that promotes high customer satisfaction and loyalty.

Compared to its competitors, PACCAR has a technological advantage through continuous investments in research and development, especially in the area of low-emission and electric drives. This positions the company well in a changing market environment that increasingly focuses on sustainability.

However, some competitors, such as Daimler Truck and the Volvo Group, also have strong moats, particularly due to their global presence and innovation in vehicle technology. These companies also heavily invest in the development of electric and hydrogen drives, giving them a competitive edge.

Overall, PACCAR has a robust moat, but the competition remains intense, and continuous innovation is crucial to maintain or expand market position.

Revenue growth: 8.5% (2024)
Profit growth: 10.2% (2024)
Market share in the truck segment: 16% (2024)

PACCAR Inc recorded solid revenue growth of 8.5% in 2024, supported by strong demand for commercial vehicles and an expanded product range. The profit growth of 10.2% shows that the company is operating efficiently and managing its costs well.

The company has expanded its market share in the truck segment to 16%, indicating a successful market penetration and product innovation strategy. PACCAR also continues to invest in research and development, especially in the areas of electromobility and autonomous driving, which offers long-term growth potential.

Given these factors, PACCAR Inc could be a promising investment, especially for investors interested in a stable company with growth potential in the commercial vehicle sector.

Dividend yield: 3.1% (2025, estimated)
Dividend history: Continuous payout for several decades

PACCAR Inc is known for paying a reliable dividend to its shareholders. The company has a long history of dividend payments and is committed to continuing this practice. The dividend yield of 3.1% in 2025 shows that PACCAR offers its shareholders an attractive return.

The reliability of the dividend is supported by the company's stable financial performance and strong market position. PACCAR has also paid dividends in economically challenging times in the past, indicating a solid financial foundation and a sustainable business model.