Gross Profit Comparison: PACCAR Inc and U-Haul Holding Company Trends

PACCAR vs. U-Haul: A Decade of Profit Trends

__timestamp	PACCAR Inc	U-Haul Holding Company
Wednesday, January 1, 2014	2793200000	2707982000
Thursday, January 1, 2015	3121300000	2928459000
Friday, January 1, 2016	2753200000	3130666000
Sunday, January 1, 2017	2985600000	3269282000
Monday, January 1, 2018	3655800000	3440625000
Tuesday, January 1, 2019	4015400000	3606565000
Wednesday, January 1, 2020	2452000000	3814850000
Friday, January 1, 2021	3291900000	4327926000
Saturday, January 1, 2022	4751600000	5480162000
Sunday, January 1, 2023	7141900000	5019797000
Monday, January 1, 2024	5494700000	1649634000

In pursuit of knowledge

Gross Profit Trends: PACCAR Inc vs. U-Haul Holding Company

In the ever-evolving landscape of the American automotive and rental industries, PACCAR Inc and U-Haul Holding Company have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, PACCAR Inc's gross profit surged by approximately 156%, peaking in 2023. This growth reflects the company's robust adaptation to market demands and technological advancements. Meanwhile, U-Haul Holding Company experienced a 85% increase in gross profit by 2022, before a notable decline in 2024, highlighting potential market challenges or strategic shifts.

Key Insights

PACCAR Inc: Demonstrated consistent growth, with a significant leap in 2023, indicating strong market positioning.
U-Haul Holding Company: Despite a steady rise until 2022, the sharp drop in 2024 suggests a need for strategic reassessment.

These trends underscore the dynamic nature of these industries, where adaptability and innovation are key to sustained success.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025