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Hyster-Yale Materials Handling, Inc. HY Eliminations — Interest Expense

Other segment segments

Americas
$6.8M-5.6%
JAPIC
$1.2M0.0%
Bolzoni
$600K+20.0%
EMEA
$200K+100%
JAPIC HY
$200K-33.3%

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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:InterestExpense.

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 — interest expense?
Hyster-Yale Materials Handling, Inc. (HY) reported eliminations — interest expense of -$400K in Q1 2026.
How has Hyster-Yale Materials Handling, Inc.'s eliminations — interest expense changed year-over-year?
Hyster-Yale Materials Handling, Inc.'s eliminations — interest expense decreased by 100.0% year-over-year, from -$200K to -$400K.
What does eliminations — interest expense mean?
This metric represents the elimination of interest income and expense arising from intercompany loans or financing arrangements between business units. By removing these internal financial flows, the company presents a consolidated interest expense that reflects only external debt obligations. This adjustment is critical for accurately assessing the company's true leverage and interest coverage ratios.