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Barchart
Barchart
Sohini Mondal

PACCAR Stock: Is PCAR Underperforming the Industrial Sector?

Paccar PCAR Financial Services CAT

With a market cap of $65.4 billion, PACCAR Inc (PCAR) is a global manufacturer and distributor of light, medium, and heavy-duty commercial trucks, serving markets globally. The company operates through three segments: Truck; Parts; and Financial Services, designing and selling trucks under the Kenworth, Peterbilt, and DAF brands, distributing aftermarket parts, and providing financing, leasing, and fleet services through its PacLease network. 

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and PACCAR fits this criterion perfectly. PACCAR also manufactures industrial winches marketed under the Braden, Carco, and Gearmatic nameplates.

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