$PACCAR Inc (PCAR.US)$🎯 2024.4.3 The current price is 122, ...

New data: 23Q3 and 23Q4. Revenue, operating profit, and net profit continued to grow at a high rate.

In 2023, revenue increased by 21.9%, operating profit increased sharply by 61.7% due to higher gross margin and lower share of expenses, and net profit increased 52.8% due to interest expenses.

The balance ratio increased from 60.4% to 61.1%, and both total assets and net assets increased significantly. On the asset side, there was an overall increase in current assets, and interest-bearing loans on the debt side increased by 2.8 billion to 14.2 billion dollars, which should be characteristic of an industry with high working capital.

Net operating cash flow was higher than net investment, and continued to generate shareholder surpluses.

Currently, the price-earnings ratio is 13.9. Considering that growth is still not showing a slowing trend, you can still choose carefully (⭐️)