PACCAR Overview

PACCAR's truck products and transportation solutions facilitate commerce in economies worldwide, efficiently and safely delivering essential commercial and consumer products. The company has developed tremendous brand value in its Kenworth, Peterbilt and DAF nameplates. These brands are synonymous with premium quality, durability, technology and innovation. The result is a loyal, passionate customer base with strong pride of ownership. PACCAR is exceptionally skilled at factory and distribution operations which, combined with its premium pricing, delivers best in class financial performance. PACCAR Parts and PACCAR Financial generate an increasing percentage of overall company profit over time and dampen the effect of business cycles on PACCAR’s cashflows. The company has a differentiated approach to research and development, partnering with suppliers and technology companies in early stages of technology development, and scaling direct investments closer to the time of commercialization. These differentiators are reinforced by a conservative approach to financial management and a long-term business perspective. The company has delivered annual dividends, including regular and extra cash dividends, totaling approximately 50% of net income for many years. PACCAR’s shareholder returns have been excellent over a long period of time.