PACCAR Inc

PCAR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$78.00	Pcdhz	Sxlrxnwk

Paccar Still Posting Solid Earnings, Despite Cooling Retailer and Industrial Markets

Dawit Woldemariam

Jul 26, 2023

Business Strategy and Outlook

We think Paccar will continue to be a top-two truck manufacturer, even with the eventual shift to autonomous and electric vehicles. The company has long been known for its premium truck brands, Kenworth, Peterbilt, and DAF. Paccar’s trucks are some of the strongest performing, most durable, and fuel-efficient on the market. These factors have led to the company’s strong brand reputation among fleet owners and truck drivers.

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