Daimler Truck reported strong third-quarter results, with adjusted EBIT rising 73% to EUR 1.1 billion, supported by a long-awaited recovery in North American volume. However, shares came under pressure as slowing sequential order intake raised market concerns about the recovery's durability.
Daimler’s Freightliner has been the go-to brand for Class 8 trucks in the US for decades, selling more than twice as many trucks as the next largest brand. This scale is unlikely to be replicated.
Over the medium term to longer term, the Chinese first-mover advantage in scaled ZEV technology could pose a threat to the oligopoly’s historically stable market shares in key regions.
Metric | DTG | PCAR | VOLV B |
|---|---|---|---|
Price/Earnings (Normalized) | 27.93 | 19.46 | 15.31 |
Price/Book Value | 1.31 | 2.57 | 3.32 |
Price/Sales | 0.66 | 1.85 | 1.32 |
Price/Cash Flow | 7.44 | 14.68 | 9.59 |
Metric | DTG | PCAR | VOLV B |
|---|---|---|---|
Quick Ratio | 1.20 | 2.90 | 0.82 |
Current Ratio | 1.63 | 3.22 | 1.11 |
Interest Coverage | 6.08 | — | 28.98 |
Metric | DTG | PCAR | VOLV B |
|---|---|---|---|
Return on Assets (Normalized) | 1.92% | 6.24% | 5.81% |
Return on Equity (Normalized) | 6.35% | 13.86% | 21.50% |
Return on Invested Capital (Normalized) | 2.73% | 7.68% | 8.94% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Caterpillar Inc CAT | LOCK|wm&n!pm$ | LOCK|BM@ | $256B | |||
| Deere & Co DE | LOCK|Hsr!L!n | LOCK|@Ym | $181B | |||
| Volvo AB Class A VOLAF | — | LOCK|<b<H | $65B | |||
| Volvo AB Class B VOLVF | — | LOCK|Cp@DB | $65B | |||
| Volvo AB ADR VLVLY | — | LOCK|xYG! | $65B | |||
| PACCAR Inc PCAR | LOCK|GW^QXP | LOCK|wk!k | $54B | |||
| CNH Industrial NV CNH | LOCK|^$CXh$ | LOCK|P&JQ | $19B | |||
| Oshkosh Corp OSK | LOCK|?Q^gW< | LOCK|^SnX | $8B | |||
| AGCO Corp AGCO | LOCK|r#?npP | LOCK|%N | $8B | |||
| Terex Corp TEX | LOCK|bQPgS># | LOCK|kgd! | $6B |
United States