Paccar

Paccar

Design, manufacture and support of premium trucks. Learn more

Launch date
Employees
Market cap
CAD68.0b
Enterprise valuation
CAD76.7b (Public information from Sep 2024)
Bellevue Washington (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues18.7b23.5b28.8b35.1b31.7b32.8b36.5b
% growth(27 %)26 %23 %22 %(10 %)3 %11 %
EBITDA2.6b3.2b4.4b6.6b5.0b5.2b5.9b
% EBITDA margin14 %14 %15 %19 %16 %16 %16 %
Profit1.3b1.9b3.0b4.6b4.3b4.4b4.9b
% profit margin7 %8 %10 %13 %13 %13 %13 %
EV / revenue1.3x1.1x1.0x1.4x1.3x1.2x1.0x
EV / EBITDA9.7x8.1x6.4x7.8x8.1x7.6x6.4x
R&D budget274m324m341m411m---
R&D % of revenue1 %1 %1 %1 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

N/A

IPO
Total Funding-

Recent News about Paccar

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PACCAR Inc. is a global leader in the design, manufacture, and customer support of premium light, medium, and heavy-duty trucks. The company operates under well-known nameplates such as Kenworth, Peterbilt, and DAF. PACCAR serves a diverse range of clients, including commercial trucking companies, logistics providers, and other businesses requiring reliable transportation solutions. The company operates in the automotive and transportation industry, focusing on markets in North America, Europe, and Australia.

PACCAR's business model revolves around several key components. Firstly, it generates revenue through the sale of its high-quality trucks. These vehicles are known for their durability, efficiency, and advanced technology, making them a preferred choice for businesses that rely on transportation. Secondly, PACCAR designs and manufactures advanced diesel engines, which are integral to its trucks and also sold separately. Thirdly, the company provides financial services, including truck leasing and financing options through its subsidiary, PacLease. This helps clients manage their cash flow and acquire the necessary vehicles without significant upfront costs.

Additionally, PACCAR offers a range of aftermarket services, including the distribution of truck parts and maintenance services. This ensures that clients can keep their vehicles in optimal condition, thereby extending their lifespan and improving operational efficiency. The company also invests in information technology to enhance its manufacturing processes and customer support services, ensuring it remains at the forefront of innovation in the industry.

PACCAR has received numerous awards, highlighting its commitment to excellence and innovation. These include the Manufacturing Leadership Award, PACE Innovation Partnership Award, and recognition for its environmental and workplace practices.

Keywords: Trucks, Diesel Engines, Kenworth, Peterbilt, DAF, Financial Services, Truck Parts, Manufacturing, Innovation, Customer Support.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Paccar

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DAF Trucks
ACQUISITION by Paccar Dec 1996
Aurora
exited
Leyland Trucks
ACQUISITION by Paccar May 1998