PACCAR Inc

Industry: Truck Auto Manufacturers

Fortune Rank: 282

PCAR is engaged in the manufacture of light, medium and heavy-duty trucks and related aftermarket distribution of parts, and finance and leasing services to customers and dealers. For the six months ended 6/30/05, revenues rose 30% to $6.88B. Net income rose 23% to $515.5M. Revenues reflect market share gains for the Kenworth, Peterbilt and DAF truck brands and a robust commercial vehicle market. Net income was partially offset by a non-recurring $64M tax charge.

PACCAR Inc. is a multinational company whose two principal businesses segments include the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks and related aftermarket distribution of parts, and finance and leasing services provided to customers and dealers. The Company distributes trucks and parts primarily through its independent dealer network. In North America, trucks are sold under the Kenworth and Peterbilt nameplates and in Europe, under the DAF and Foden nameplates. The Company's finance and leasing activities are principally related to Company products and associated equipment. Other manufactured products include industrial winches. Financing and leasing operations are conducted by PACCAR subsidiaries in the United States, Canada, Mexico, Australia and Europe.

PACCAR Inc

PACCAR Inc is a Fortune 500 company. In 2010 PACCAR Inc was ranked number 282 on the Fortune 500 list, making it the 282nd largest company in the United States when judged by revenue.

PACCAR Inc achieved revenue of $8,086.50 million in 2010 and earned a profit of $111.90 million.

PACCAR Inc's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 170th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $14,973 million (a change of -6 million compared to 2010) and profits of $1,018 million (a change of 111 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then PACCAR Inc would be ranked 351st rather than 282nd due to its profits of $112 in 2010.

PACCAR Inc Revenue* Profit* Fortune Ranking
20108,087112282
200914,9731,018170
200815,2221,227169
200716,4541,496141
200614,0571,133157

* US$ Million

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