PACCAR Inc
PCAR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $sJ | LOCK|yTWyG | LOCK|@QDyB>Q |
Paccar Earnings: Recovery in Class 8 Truck Demand Increasingly Clear
Paccar reported a 10% decline in its industrial segments to $6.2 billion. The trucks business declined 13% to $4.5 billion, though outperforming industry deliveries down 18%. This was also offset by the parts segment growth of 1% to $1.7 billion amid a difficult but inflecting market.
