Paccar honored as top-performing firm
Jun 1, 2004 12:00 PM
Paccar Inc has been recognized as one of America's best-performing companies by The Wall Street Journal in its ninth annual Shareholder Scoreboard of 1,000 major United States companies.
The Bellevue WA-based firm was named to the Journal's 2003 Honor Roll list, which recognizes companies that earned straight-A ratings, ranked on five-year average compound annual total returns through year-end 2003. Companies also had to be in the top 20% of firms evaluated for the past one, three, five, and 10 years to be considered for the Honor Roll.
Paccar was ranked 12th of the 1,000 largest publicly traded companies in the United States, based on the combination of its five-year shareholder annualized return of 30.3% and meeting the other yearly financial return thresholds. Only 17 companies are included on the Honor Roll.
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