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Hyster-Yale Materials Handling, Inc. HY Eliminations — Cost of Sales

Other segment segments

Americas
$484.7M-12.9%
JAPIC
$170.9M+2.3%
EMEA
$117.4M+11.5%
Bolzoni
$62.4M+1.0%
JAPIC HY
$33.3M-24.1%

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HXLCorporate Reconciling Items And Eliminations — Cost of Goods Sold
-$30M-55.4%
POS
POSTEliminations — Net Sales
-$800K
Mosaic logo
MOSCorporate, Eliminations and Other — Cost of goods sold
-$38.8M-439%
Alto Ingredients, Inc. logo
ALTOIntersegment Eliminations — Cost of Goods Sold
-$1.14M+34.4%
Astec Industries logo
ASTEElimination of intersegment revenues — Net Sales
$10.23M-26.0%

Other financials

Income statement

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Revenue$795.2M-12.7%
Gross profit$124.8M-29.8%
Operating income-$28.0M-231%
Net income-$30.5M-455%
EPS (diluted)-$1.71-456%

Balance sheet

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Cash & equivalents$81.8M+6.0%
Total debt$630.6M+63.6%
Total equity$430.1M-15.7%
Total assets$2.0B-4.7%

Cash flow

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Operating cash flow-$32.9M+9.6%
CapEx$9.8M-7.5%
Free cash flow-$42.7M+9.1%

Valuation

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Market cap$652.32M-4.3%
Enterprise value$1.2B+21.4%
P/S0.2×0.0×

Profitability

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Gross margin15.9%-4.3pp
Operating margin-2%-6.3pp
Net margin-2.7%-5.1pp
FCF margin3%

Returns & leverage

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Return on equity-21.1%-42.7pp
Debt / equity1.5×+0.7×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Hyster-Yale Materials Handling, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Hyster-Yale Materials Handling, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hyster-Yale Materials Handling, Inc.'s eliminations — cost of sales?
Hyster-Yale Materials Handling, Inc. (HY) reported eliminations — cost of sales of -$27.4M in Q1 2026.
How has Hyster-Yale Materials Handling, Inc.'s eliminations — cost of sales changed year-over-year?
Hyster-Yale Materials Handling, Inc.'s eliminations — cost of sales increased by 21.0% year-over-year, from -$34.7M to -$27.4M.
What does eliminations — cost of sales mean?
This metric represents the intercompany cost of sales adjustments required to reconcile consolidated financial statements. It removes the cost of goods sold associated with internal transactions between business segments to prevent double-counting. Monitoring this helps analysts understand the scale of internal supply chain activity and the impact of inter-segment transfer pricing on consolidated margins.