PACCAR Financial Statements From 2010 to 2025
| PCAR Stock | USD 110.96 0.48 0.43% |
Check PACCAR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PACCAR's main balance sheet or income statement drivers, such as , as well as many indicators such as . PACCAR financial statements analysis is a perfect complement when working with PACCAR Valuation or Volatility modules.
Check out the analysis of PACCAR Correlation against competitors. PACCAR Inc Company Return On Equity Analysis
PACCAR's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current PACCAR Return On Equity | 0.14 |
Most of PACCAR's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PACCAR Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, PACCAR Inc has a Return On Equity of 0.1415. This is 67.84% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 145.65% lower than that of the firm.
PACCAR Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PACCAR's current stock value. Our valuation model uses many indicators to compare PACCAR value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PACCAR competition to find correlations between indicators driving PACCAR's intrinsic value. More Info.PACCAR Inc is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PACCAR Inc is roughly 2.85 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PACCAR by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About PACCAR Financial Statements
PACCAR shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although PACCAR investors may analyze each financial statement separately, they are all interrelated. The changes in PACCAR's assets and liabilities, for example, are also reflected in the revenues and expenses on on PACCAR's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington. PACCAR operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 28500 people.
Pair Trading with PACCAR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PACCAR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PACCAR will appreciate offsetting losses from the drop in the long position's value.Moving together with PACCAR Stock
Moving against PACCAR Stock
| 0.79 | GP | GreenPower Motor | PairCorr |
| 0.75 | 000868 | Anhui Ankai Automobile | PairCorr |
| 0.75 | RPM | RPM Automotive Group | PairCorr |
| 0.67 | WPRT | Westport Fuel Systems | PairCorr |
| 0.65 | ALH | Alliance Laundry Holdings | PairCorr |
The ability to find closely correlated positions to PACCAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PACCAR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PACCAR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PACCAR Inc to buy it.
The correlation of PACCAR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PACCAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PACCAR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PACCAR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for PACCAR Stock Analysis
When running PACCAR's price analysis, check to measure PACCAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.