PCAR vs. STLD
PCAR (PACCAR Inc) and STLD (Steel Dynamics, Inc.) are both stocks. PCAR operates in Farm & Heavy Construction Machinery (Industrials), while STLD operates in Steel (Basic Materials). Over the past 10 years, PCAR returned 16.80%/yr vs 29.92%/yr for STLD. At a 0.42 correlation, their price movements are largely independent.
Performance
PCAR vs. STLD - Performance Comparison
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Returns By Period
In the year-to-date period, PCAR achieves a 8.85% return, which is significantly lower than STLD's 67.39% return. Over the past 10 years, PCAR has underperformed STLD with an annualized return of 16.80%, while STLD has yielded a comparatively higher 29.92% annualized return.
PCAR
- 1D
- 0.80%
- 1M
- 7.43%
- YTD
- 8.85%
- 6M
- 8.20%
- 1Y
- 32.26%
- 3Y*
- 18.53%
- 5Y*
- 18.29%
- 10Y*
- 16.80%
STLD
- 1D
- 1.15%
- 1M
- 23.29%
- YTD
- 67.39%
- 6M
- 65.42%
- 1Y
- 114.70%
- 3Y*
- 40.23%
- 5Y*
- 36.27%
- 10Y*
- 29.92%
PCAR vs. STLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCAR PACCAR Inc | 8.85% | 8.03% | 10.81% | 55.01% | 17.00% | 5.63% | 11.74% | 45.05% | -15.32% | 14.82% |
STLD Steel Dynamics, Inc. | 67.39% | 50.70% | -1.99% | 22.75% | 60.14% | 71.42% | 12.46% | 16.78% | -29.02% | 23.34% |
Correlation
The correlation between PCAR and STLD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 1996 | 0.42 |
Fundamentals
PCAR:
$62.51B
STLD:
$40.94B
PCAR:
$4.70
STLD:
$9.33
PCAR:
25.22
STLD:
30.30
PCAR:
2.29
STLD:
2.19
PCAR:
$27.24B
STLD:
$19.01B
PCAR:
$4.12B
STLD:
$2.66B
PCAR:
$3.38B
STLD:
$2.23B
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Return for Risk
PCAR vs. STLD — Risk / Return Rank
PCAR
STLD
PCAR vs. STLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PACCAR Inc (PCAR) and Steel Dynamics, Inc. (STLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PCAR | STLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.50 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 5.81 | -3.85 |
| Martin ratioReturn relative to average drawdown | 4.91 | 19.49 | -14.58 |
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Drawdowns
PCAR vs. STLD - Drawdown Comparison
The maximum PCAR drawdown since its inception was -66.16%, smaller than the maximum STLD drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for PCAR and STLD.
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Drawdown Indicators
| PCAR | STLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.16% | -87.05% | +20.89% |
Max Drawdown (1Y)Largest decline over 1 year | -15.29% | -20.33% | +5.04% |
Max Drawdown (3Y)Largest decline over 3 years | -27.75% | -28.66% | +0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -27.75% | -32.20% | +4.45% |
Max Drawdown (10Y)Largest decline over 10 years | -37.84% | -68.46% | +30.62% |
Current DrawdownCurrent decline from peak | -8.18% | 0.00% | -8.18% |
Average DrawdownAverage peak-to-trough decline | -14.42% | -33.27% | +18.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.09% | 6.04% | +0.05% |
Volatility
PCAR vs. STLD - Volatility Comparison
PACCAR Inc (PCAR) and Steel Dynamics, Inc. (STLD) have volatilities of 9.54% and 9.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCAR | STLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.54% | 9.70% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 19.26% | 24.96% | -5.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.97% | 33.38% | -6.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.84% | 38.03% | -12.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.27% | 39.31% | -13.04% |
Dividends
PCAR vs. STLD - Dividend Comparison
PCAR's dividend yield for the trailing twelve months is around 2.31%, more than STLD's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCAR PACCAR Inc | 2.31% | 2.48% | 4.01% | 4.34% | 4.23% | 3.22% | 2.29% | 4.53% | 5.41% | 3.08% | 2.44% | 4.89% |
STLD Steel Dynamics, Inc. | 0.72% | 1.18% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% |
Financials
PCAR vs. STLD - Financials Comparison
This section allows you to compare key financial metrics between PACCAR Inc and Steel Dynamics, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PCAR vs. STLD - Profitability Comparison
PCAR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PACCAR Inc reported a gross profit of 817.80M and revenue of 6.23B. Therefore, the gross margin over that period was 13.1%.
STLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported a gross profit of 763.22M and revenue of 5.20B. Therefore, the gross margin over that period was 14.7%.
PCAR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PACCAR Inc reported an operating income of 559.10M and revenue of 6.23B, resulting in an operating margin of 9.0%.
STLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported an operating income of 538.00M and revenue of 5.20B, resulting in an operating margin of 10.3%.
PCAR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PACCAR Inc reported a net income of 605.30M and revenue of 6.23B, resulting in a net margin of 9.7%.
STLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported a net income of 403.44M and revenue of 5.20B, resulting in a net margin of 7.8%.
Frequently Asked Questions
PCAR and STLD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STLD has higher volatility (9.70%) compared to PCAR (9.54%). In terms of maximum drawdown, PCAR dropped -66.16% vs STLD's -87.05%.
STLD currently has the higher Sharpe Ratio (3.54 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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