Hyster-Yale, Inc. (HY)
Hyster-Yale, Inc., through its subsidiaries, provides lift trucks, attachments, parts, fleet management services, and technology and energy solutions worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster, Yale, and Nuvera brands to independent Hyster and Yale retail dealerships. The company also offers lift truck attachments, forks, masts, and lift tables under the Bolzoni, Auramo, and Meyer brands, as well as parts under the UNISOURCE brand. In addition, it designs and produces specialized products in the port equipment and rough terrain forklift markets. The company was formerly known as Hyster-Yale Materials Handling, Inc. and changed its name to Hyster-Yale, Inc. in June 2024. Hyster-Yale, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.
- Symbol
- HY
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Farm & Heavy Construction Machinery
- Market cap
- $594.68M
- 52 week range
- 26.41 - 41.3
Valuation
- Share price
- $32.89 (close of 2026-09-23)
- P/E (TTM)
- -5.05x
- Price to book
- 1.51x
- Price to free cash flow
- 40.18x
- Enterprise value
- $1.02B
- Book value per share
- $21.99
Price performance
| Period | Change |
|---|
| 1 day | +0.89% |
| 5 days | -1.53% |
| 1 month | -5.24% |
| 3 months | -10.53% |
| 6 months | +8.51% |
| Year to date | +10.70% |
| 1 year | -11.92% |
| 3 years | -25.08% |
| 5 years | -38.22% |
| 10 years | -40.97% |
| All time | -18.83% |
Profitability and growth
- Return on equity
- -12.62%
- Return on invested capital
- -2.22%
- Return on assets
- -2.97%
- Return on capital employed
- -2.17%
- Gross margin
- 16.79%
- Net margin
- -1.59%
- EBITDA margin
- 0.63%
- Revenue growth
- -12.51%
- Net income growth
- -142.23%
- Free cash flow growth
- -80.80%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 2.49%
- Current ratio
- 1.28x
- Net debt to EBITDA
- -16.44x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $3.77B
- Cost of revenue
- $3.14B
- Gross profit
- $632.80M
- EBITDA
- $23.70M
- Net income
- $-60.10M
- Earnings per share
- $-3.40
- Research and development
- $137.20M
- Interest expense
- $31.20M
- Shares outstanding
- 17.67M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $3.77B | $632.80M | $-60.10M | $-3.40 |
| 2024-12-31 | $4.31B | $895.50M | $142.30M | $8.16 |
| 2023-12-31 | $4.12B | $785.60M | $125.90M | $7.35 |
| 2022-12-31 | $3.55B | $433.90M | $-74.10M | $-4.38 |
| 2021-12-31 | $3.08B | $363.40M | $-173.00M | $-10.29 |
| 2020-12-31 | $2.81B | $465.40M | $37.10M | $2.21 |
| 2019-12-31 | $3.29B | $541.80M | $35.80M | $2.15 |
| 2018-12-31 | $3.18B | $497.00M | $34.70M | $2.10 |
| 2017-12-31 | $2.89B | $502.60M | $48.60M | $2.95 |
| 2016-12-31 | $2.57B | $427.50M | $42.80M | $2.61 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 16.79% | -1.59% | -12.62% | -2.22% |
| 2024-12-31 | 20.79% | 3.30% | 29.70% | 18.39% |
| 2023-12-31 | 19.08% | 3.06% | 32.12% | 17.60% |
| 2022-12-31 | 12.23% | -2.09% | -35.14% | -5.55% |
| 2021-12-31 | 11.82% | -5.62% | -45.18% | -16.26% |
| 2020-12-31 | 16.55% | 1.32% | 5.70% | 5.17% |
| 2019-12-31 | 16.46% | 1.09% | 6.20% | 4.77% |
| 2018-12-31 | 15.63% | 1.09% | 6.20% | 4.78% |
| 2017-12-31 | 17.42% | 1.68% | 8.49% | 5.82% |
| 2016-12-31 | 16.64% | 1.67% | 9.10% | 5.88% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $123.20M | $473.40M |
| 2024-12-31 | $96.60M | $241.90M |
| 2023-12-31 | $78.80M | $241.30M |
| 2022-12-31 | $59.00M | $267.00M |
| 2021-12-31 | $65.50M | $261.70M |
| 2020-12-31 | $151.40M | $206.10M |
| 2019-12-31 | $64.60M | $204.70M |
| 2018-12-31 | $83.70M | $210.10M |
| 2017-12-31 | $220.10M | $216.20M |
| 2016-12-31 | $43.20M | $82.20M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $23.60M | $7.50M |
| 2024-12-31 | $122.90M | $23.60M |
| 2023-12-31 | $115.30M | $29.30M |
| 2022-12-31 | $11.80M | $6.40M |
| 2021-12-31 | $-297.80M | $4.00M |
| 2020-12-31 | $115.20M | $1.30M |
| 2019-12-31 | $27.00M | $8.20M |
| 2018-12-31 | $28.80M | $5.70M |
| 2017-12-31 | $123.70M | $8.80M |
| 2016-12-31 | $-91.60M | $4.90M |
Dividend history
- Most recent payment
- 2026-09-01
- Paid in the last twelve months
- $1.45
| Payment date | Dividend per share |
|---|
| 2026-09-01 | $0.36 |
| 2026-06-01 | $0.36 |
| 2026-02-27 | $0.36 |
| 2025-12-01 | $0.36 |
| 2025-08-29 | $0.36 |
| 2025-05-30 | $0.36 |
| 2025-02-28 | $0.35 |
| 2024-11-29 | $0.35 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-03
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-04 | Jun/2026 | - |
| 2026-05-05 | - | - |
| 2026-03-03 | - | - |
| 2025-11-04 | - | - |
| 2025-08-05 | - | - |
| 2025-05-06 | - | - |
| 2025-02-25 | - | - |
| 2024-11-05 | - | - |
Filings and sources
- Company website
- hyster-yale.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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