PACCAR (WBO:PCAR) Market Share % : 0.00% (As of . 20)

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What is PACCAR Market Share %?

Market Share % represents percent of total sales in an industry generated by a particular company over a specified time period. The higher the value, the bigger the company is within the industry.

The historical rank and industry rank for PACCAR's Market Share % or its related term are showing as below:

WBO:PCAR's Market Share % is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median:
* Ranked among companies with meaningful Market Share % only.

PACCAR Market Share % Historical Data

The historical data trend for PACCAR's Market Share % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PACCAR Market Share % Chart

PACCAR (WBO:PCAR) Market Share % Explanation

Market Share % is the percent of total sales in an industry generated by a particular company over a specified time period. It is calculated by taking the company's sales over the period and dividing it by the total sales of the industry over the same period. This metric gives a general idea of the size of a company in relation to its market and its competitors. The higher the market share, the bigger the company is within the industry. The market leader in an industry tends to have the largest market share.

The decrease or increase in market share is an important indicator for investors because it can be a sign of the relative competitiveness of the company's products or services. As the total market for a product or service always tends to grow, if the company can maintain or even grow its market share, then it suggests the company’s revenue is increasing at the same rate or even a higher rate compared to the overall industry.

Increases in market share can allow a company to achieve greater competitive advantages and thus improve profitability. The market share can be increased by making innovations, improving production efficiency, strengthening customer loyalty, acquisitions and so on.

PACCAR (WBO:PCAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (WBO:PCAR) » Definitions » Market Share %

Comparable Companies

Traded in Other Exchanges

PCAR:USA PAE:Germany P1AC34:Brazil

Address

777-106th Avenue N.E., Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.