Based in Bellevue, Washington, PACCAR Inc. (PCAR) is a global manufacturer of premium light, medium, and heavy-duty commercial trucks under the Kenworth, Peterbilt, and DAF brands. The company also designs and manufactures advanced diesel engines, distributes truck parts, and provides financial, leasing, insurance, and information technology services to commercial vehicle customers worldwide. It is currently valued at a market capitalization of approximately $71.6 billion.
Shares of this leading commercial truck manufacturer have significantly outperformed the broader market over the past year. PCAR has gained 38.7% over this period, while the broader S&P 500 Index ($SPX) has rallied 22.2%. The outperformance has continued in 2026, with the stock up 24.4%, compared with the index's 13% gain over the same period.
