Who Generates Higher Gross Profit? PACCAR Inc or CNH Industrial N.V.

A Decade of Gross Profit: PACCAR Inc vs. CNH Industrial N.V.

In the competitive landscape of the automotive industry, understanding who leads in profitability can offer valuable insights. Over the past decade, CNH Industrial N.V. has consistently outperformed PACCAR Inc in terms of gross profit. From 2014 to 2023, CNH Industrial N.V. maintained an average gross profit of approximately $6.35 billion, while PACCAR Inc trailed with an average of $3.86 billion.

However, the gap narrowed significantly in 2023, with PACCAR Inc achieving a remarkable 50% increase in gross profit compared to its 2022 figures, reaching $7.14 billion. This surge brought PACCAR Inc closer to CNH Industrial N.V., which recorded $7.89 billion in the same year. The data for 2024 is incomplete, but PACCAR Inc's trajectory suggests a potential shift in the competitive dynamics. This evolving narrative highlights the importance of strategic financial management in the automotive sector.