Innovation And GrowthThe company's investor day offered a glimpse into its ongoing focus and strategy on product and technology innovation, market outperformance, profitable growth, and best-in-class returns.
Market PositionPCAR is viewed as a high-quality cyclical with a favorable competitive position and experienced management team.
Parts Business ProfitabilityThe Parts business has grown profits at a 15% CAGR and revenue 9% over the last 10 years, benefiting from a growing US engine field population, proprietary parts on newly designed trucks, improving predictive stocking models, and growth in all-makes (TRP) stores.