Hyster-Yale Materials Handling, Inc. logo

Hyster-Yale Materials Handling, Inc.

HY

NYSEIndustrialsIndustrial - Machinery

Regular session

$34.845

+$0.135 · +0.39%

Aug 24, 9:58 AM ET

HY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

65

Undervalued

Momentum

34

Weakening

Sentiment

51

Mixed

Risk resilience

41

Elevated Risk

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Company profile

Company website

Hyster-Yale Materials Handling, Inc., established in 1991 and headquartered in Cleveland, Ohio, operates as a global entity specializing in comprehensive material handling solutions. The company is responsible for engineering, manufacturing, distributing, and servicing a broad array of lift trucks, specialized attachments, and replacement parts across the world. It undertakes the production of essential components such as frames, masts, and transmissions, which are then assembled into complete lift truck units. These vehicles are primarily marketed to independent dealerships under the prominent Hyster and Yale brand names. In addition to its core lift truck offerings, Hyster-Yale supplies aftermarket parts—including those under the UNISOURCE and PREMIER brands, alongside Hyster and Yale—to its dealer network. These parts facilitate the maintenance of both its own equipment and competitor lift trucks. The company further diversifies its product portfolio with attachments, forks, and lift tables marketed under the Bolzoni, Auramo, and Meyer brands, and by developing machinery for port operations and challenging rough terrain environments. Demonstrating a forward-looking approach, it also designs, produces, and sells hydrogen fuel-cell stacks and engines. Its extensive client base spans numerous industries, including light and heavy manufacturing, transportation, automotive, rental services, building materials, paper, lumber, metal products, warehousing, retail, food distribution, container handling, and various governmental agencies worldwide.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
US
CEO
Rajiv K. Prasad
Listed since
Oct 1, 2012
Employees
7,500

Market position

Day range

Current $34.845

52-week range

Current $34.845

Open
$34.96
Previous close
$34.71
Volume
1.65K
0.02× average
Average volume
95.53K
Average daily volume
Market cap
619.91M USD
Beta
1.65
Market reference 1
50-day average
$34.523
+0.93% above average
200-day average
$34.1821
+1.94% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
787.87M USD
P/E (TTM)
-5.31×
P/B (TTM)
1.6×
P/S (TTM)
0.18×
EV / EBITDA
22.45×
Earnings yield
-11.42%
Free cash flow yield
4.48%
Dividend yield
4.15%

Profitability & efficiency

Gross margin
15.40%
Operating margin
-1.64%
Net margin
-3.32%
Return on equity
-12.73%
Return on assets
-2.97%
Return on invested capital
1.52%

Financial health

Debt / equity
1.28×
Current ratio
1.34×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%13%2%-8%Gross margin, FY2021: 11.82%Gross margin, FY2022: 12.23%Gross margin, FY2023: 19.08%Gross margin, FY2024: 20.79%Gross margin, FY2025: 16.81%Operating margin, FY2021: -4.95%Operating margin, FY2022: -1.10%Operating margin, FY2023: 5.07%Operating margin, FY2024: 5.68%Operating margin, FY2025: 0.46%Net margin, FY2021: -5.62%Net margin, FY2022: -2.09%Net margin, FY2023: 3.06%Net margin, FY2024: 3.30%Net margin, FY2025: -1.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 11.82%. Gross margin FY2022 12.23%. Gross margin FY2023 19.08%. Gross margin FY2024 20.79%. Gross margin FY2025 16.81%. Operating margin FY2021 -4.95%. Operating margin FY2022 -1.10%. Operating margin FY2023 5.07%. Operating margin FY2024 5.68%. Operating margin FY2025 0.46%. Net margin FY2021 -5.62%. Net margin FY2022 -2.09%. Net margin FY2023 3.06%. Net margin FY2024 3.30%. Net margin FY2025 -1.59%.

Income trends

Revenue

3.77B USD-12.51%

Operating income

17.5M USD-92.85%

Net income

−60.1M USD−202.4M USD
Income trends across reported periods4.76B USD2.96B USD1.17B USD−621.12M USDRevenue, FY2021: 3.08B USDRevenue, FY2022: 3.55B USDRevenue, FY2023: 4.12B USDRevenue, FY2024: 4.31B USDRevenue, FY2025: 3.77B USDOperating income, FY2021: −152.3M USDOperating income, FY2022: −39.1M USDOperating income, FY2023: 208.7M USDOperating income, FY2024: 244.8M USDOperating income, FY2025: 17.5M USDNet income, FY2021: −173M USDNet income, FY2022: −74.1M USDNet income, FY2023: 125.9M USDNet income, FY2024: 142.3M USDNet income, FY2025: −60.1M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.08B USD. Revenue FY2022 3.55B USD. Revenue FY2023 4.12B USD. Revenue FY2024 4.31B USD. Revenue FY2025 3.77B USD. Operating income FY2021 −152.3M USD. Operating income FY2022 −39.1M USD. Operating income FY2023 208.7M USD. Operating income FY2024 244.8M USD. Operating income FY2025 17.5M USD. Net income FY2021 −173M USD. Net income FY2022 −74.1M USD. Net income FY2023 125.9M USD. Net income FY2024 142.3M USD. Net income FY2025 −60.1M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.77B USD4.31B USD4.12B USD3.55B USD3.08B USD
Cost of goods sold3.14B USD3.41B USD3.33B USD3.11B USD2.71B USD
Gross profit633.8M USD895.5M USD785.6M USD433.9M USD363.4M USD
Research and development137.2M USD
Selling, general, and administrative479.1M USD628.1M USD576.9M USD473M USD450.1M USD
Operating expenses616.3M USD650.7M USD576.9M USD473M USD515.7M USD
Interest expense32.2M USD33.8M USD37.3M USD28.4M USD15.5M USD
Depreciation and amortization45.8M USD47.6M USD45.1M USD43.4M USD46.2M USD
Operating income17.5M USD244.8M USD208.7M USD−39.1M USD−152.3M USD
Net income−60.1M USD142.3M USD125.9M USD−74.1M USD−173M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-85.46%
11 comparable reports
Latest EPS result
-1.76
Estimate -2.2 · Beat by 20.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.730.05-1.63-3.31Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 0.59, estimate 1.38, surprise -57.25%, Miss. Q2 2025, reported May 6, 2025: actual 0.49, estimate 0.47, surprise +4.26%, Beat. Q3 2025, reported Aug 5, 2025: actual -0.79, estimate 0.26, surprise -403.85%, Miss. Q4 2025, reported Nov 4, 2025: actual -0.09, estimate 0.03, surprise -400.00%, Miss. Q1 2026, reported Mar 3, 2026: actual -2.96, estimate -1.2, surprise -146.67%, Miss. Q2 2026, reported May 5, 2026: actual -1.71, estimate -1.8, surprise +5.00%, Beat. Q3 2026, reported Aug 4, 2026: actual -1.76, estimate -2.2, surprise +20.00%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate -0.59, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.11B990.97M871.73M752.5MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 1.07B USD, estimate 1.02B USD, surprise +4.43%, Beat. Q2 2025, reported May 6, 2025: actual 910.4M USD, estimate 975.96M USD, surprise -6.72%, Miss. Q3 2025, reported Aug 5, 2025: actual 956.6M USD, estimate 936.9M USD, surprise +2.10%, Beat. Q4 2025, reported Nov 4, 2025: actual 979.1M USD, estimate 955.69M USD, surprise +2.45%, Beat. Q1 2026, reported Mar 3, 2026: actual 923.2M USD, estimate 916.43M USD, surprise +0.74%, Beat. Q2 2026, reported May 5, 2026: actual 795.2M USD, estimate 878.1M USD, surprise -9.44%, Miss. Q3 2026, reported Aug 4, 2026: actual 812.9M USD, estimate 804.62M USD, surprise +1.03%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 926.45M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$45.00

29.14% upside
Past 12 months12-month forecastHigh $45.00Average $45.00Low $45.00

HY news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.43

2025 complete year+11.3% since 2021

2026 partial: $0.725

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 1, 2026

$0.365

Quarterly

Record Sep 1, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend Jun 1, 2026

$0.365

Quarterly

Record Jun 1, 2026 · Payment Jun 16, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.36

Quarterly

Record Feb 27, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Dec 1, 2025

$0.36

Quarterly

Record Dec 1, 2025 · Payment Dec 16, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.36

Quarterly

Record Aug 29, 2025 · Payment Sep 16, 2025

Dividend

Ex-dividend May 30, 2025

$0.36

Quarterly

Record May 30, 2025 · Payment Jun 13, 2025

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