Yield Theory

Industrials stock comparison

PCAR vs SWK: which business are you actually underwriting?

Compare PACCAR Inc with Stanley Black & Decker, Inc. using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
Sector
Industrials
Industry
Different SIC
Shared themes
2
Updated
2026-02-24

PCAR vs SWK: quick comparison

Company factPCARSWK
CompanyPACCAR IncStanley Black & Decker, Inc.
ExchangeNASDAQNYSE
SEC industryMotor Vehicles & Passenger Car BodiesCutlery, Handtools & General Hardware
Fiscal year-endDecember 31January 2
Latest annual filing10-K · 2026-02-1810-K · 2026-02-24

PCAR vs SWK: audited financials

PCAR reported about 1.9× the revenue of SWK in the latest audited fiscal year. On profitability, PCAR converted a larger share of revenue into net income (8.4% versus 2.7%). Scale and margin are starting facts for the thesis, not the verdict.

MetricPCARSWK
Revenue$28.4B$15.1B
Net income$2.4B$402M
Operating cash flow$4.4B$971M
Diluted EPS$4.51$2.65
Net margin8.4%2.7%

PCAR: FY ending 2025-12-31 · SWK: FY ending 2026-01-03. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.

How the businesses differ

Why this pair belongs in the comparison set

PCAR and SWK have different SEC industry classifications, but both map to the maintained Economic trends and Tariffs & trade research themes inside the Industrials sector. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.

PACCAR Inc (PCAR)

PACCAR designs and builds heavy-duty commercial trucks under the Kenworth, Peterbilt, and DAF brands.

Stanley Black & Decker, Inc. (SWK)

Stanley Black & Decker makes power tools, hand tools, and industrial fastening products.

The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. PCAR is classified by the SEC as Motor Vehicles & Passenger Car Bodies, while SWK is classified as Cutlery, Handtools & General Hardware. The different industry codes are a warning against treating sector membership as proof of identical economics.

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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.

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Which thesis does each company fit?

Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.

Study PCAR when…

  • Capital-spending and manufacturing PMIs
  • Reshoring and supply-chain reconfiguration
  • Defense budgets and geopolitical conflict
  • Freight rates and logistics demand

Study SWK when…

  • Capital-spending and manufacturing PMIs
  • Reshoring and supply-chain reconfiguration
  • Defense budgets and geopolitical conflict
  • Freight rates and logistics demand

Shared research themes

Economic trendsTariffs & trade

SEC filing comparison and disclosure evidence

Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.PCAR's fiscal year ends December 31, while SWK's ends January 2. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.

The current verified House and Senate snapshot contains 4matched transaction rows for PCARand 1 for SWK. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.

What this comparison cannot tell you

This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.

A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.

PCAR vs SWK FAQs

Are PCAR and SWK direct competitors?

PACCAR Inc and Stanley Black & Decker, Inc. sit in the same Industrials sector but have different SEC industry classifications. The comparison is most useful for portfolio role and sector exposure, not as a claim that every product competes directly.

Which is better, PCAR or SWK?

There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.

Does this PCAR vs SWK comparison include live prices?

No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers PACCAR Inc and Stanley Black & Decker, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.

Where does the company information come from?

Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.

Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.

A comparison is the setup. The thesis is the call.

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