HY Stock - Hyster-Yale Materials Handling, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.31B | $4.12B | $3.55B | $3.08B | $2.81B |
| Gross Profit | $895.50M | $785.60M | $433.90M | $363.40M | $465.40M |
| Gross Margin | 20.8% | 19.1% | 12.2% | 11.8% | 16.5% |
| Operating Income | $244.80M | $208.70M | $-39,100,000 | $-152,300,000 | $49.90M |
| Net Income | $142.30M | $125.90M | $-74,100,000 | $-173,000,000 | $37.10M |
| Net Margin | 3.3% | 3.1% | -2.1% | -5.6% | 1.3% |
| EPS | $8.16 | $7.35 | $-4.38 | $-10.29 | $2.21 |
Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. Hyster-Yale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| June 5th 2024 | Northland Capital | Upgrade | Outperform | $90 |
| December 5th 2023 | ROTH MKM | Initiation | Buy | $85 |
| November 15th 2023 | Northland Capital | Initiation | Outperform | $80 |
| October 12th 2022 | Sidoti | Upgrade | Buy | $36 |
Earnings History & Surprises
HYEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 24, 2026 | $-1.20 | — | — | — |
Q4 2025 | Nov 4, 2025 | $0.03 | $-0.09 | -400.0% | ✗ MISS |
Q3 2025 | Aug 5, 2025 | $0.26 | $-0.14 | -153.8% | ✗ MISS |
Q2 2025 | May 6, 2025 | $0.47 | $0.49 | +4.3% | ✓ BEAT |
Q1 2025 | Feb 25, 2025 | $1.38 | $1.47 | +6.5% | ✓ BEAT |
Q4 2024 | Nov 5, 2024 | $1.97 | $0.97 | -50.8% | ✗ MISS |
Q3 2024 | Aug 6, 2024 | $2.11 | $3.58 | +69.7% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $2.14 | $2.93 | +36.9% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $1.73 | $1.43 | -17.3% | ✗ MISS |
Q4 2023 | Oct 31, 2023 | $0.72 | $2.06 | +186.1% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $0.68 | $2.21 | +225.0% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $0.38 | $1.55 | +307.9% | ✓ BEAT |
Q1 2023 | Feb 27, 2023 | $-0.22 | $0.44 | +300.0% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $-2.08 | $-2.20 | -5.8% | ✗ MISS |
Q3 2022 | Aug 2, 2022 | $-1.85 | $-1.15 | +37.8% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $-2.71 | $-1.48 | +45.4% | ✓ BEAT |
Q1 2022 | Feb 28, 2022 | $-1.10 | $-2.84 | -158.2% | ✗ MISS |
Q4 2021 | Nov 2, 2021 | $-0.43 | $-4.59 | -967.4% | ✗ MISS |
Q3 2021 | Aug 3, 2021 | $0.40 | $0.11 | -72.5% | ✗ MISS |
Latest News
Hyster-Yale CFO Scott A. Minder Resigns, Effective Dec. 31
📉 NegativeHyster-Yale To Cut 575 Jobs In Global Restructuring; Expected To Result In A One-Time Pre-Tax Charge Of ~$21M In Q4 2025 And Generate Roughly $40M-$45M In Annualized Cost Savings Beginning In Q1 2026
➖ NeutralHyster Yale Q3 Adj. EPS $(0.09) Beats $(0.14) Estimate, Sales $979.100M Beat $955.685M Estimate
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