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Hyster-Yale Materials Handling, Inc. HY Lift truck business — Gross Profit

Other segment segments

Americas
$93.7M-34.2%
Bolzoni
$20.5M+10.8%
JAPIC
$12.6M-24.1%
EMEA
$8.6M-33.3%
JAPIC HY
$2M-41.2%
Eliminations
$0-100%

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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$665.04M+2.9%
Enterprise value$1.21B+4.3%
P/S0.2×0.0×

Profitability

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

Returns & leverage

See full
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:GrossProfit.

The source filing: Hyster-Yale Materials Handling, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:46 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001173514-26-000114
Line itemTHREE MONTHS ENDED / MARCH 31 / 2026THREE MONTHS ENDED / MARCH 31 / 2025
Americas$93.7$142.5
EMEA8.612.9
JAPIC2.03.4
Lift truck business104.3158.8
Bolzoni20.518.5
Eliminations0.4
Total$124.8$177.7
Selling, general and administrative expenses

Item 1. Financial Statements

FAQ

What is Hyster-Yale Materials Handling, Inc.'s lift truck business — gross profit?
Hyster-Yale Materials Handling, Inc. (HY) reported lift truck business — gross profit of $104.3M in Q1 2026.
How has Hyster-Yale Materials Handling, Inc.'s lift truck business — gross profit changed year-over-year?
Hyster-Yale Materials Handling, Inc.'s lift truck business — gross profit decreased by 34.3% year-over-year, from $158.8M to $104.3M.
What is the long-term trend for Hyster-Yale Materials Handling, Inc.'s lift truck business — gross profit?
Over 3 years (2021 to 2025), Hyster-Yale Materials Handling, Inc.'s lift truck business — gross profit has grown at a 18.7% compound annual growth rate (CAGR), from $329.9M to $551.7M.
What does lift truck business — gross profit mean?
Calculated as segment revenue minus the direct cost of goods and services sold, representing the fundamental profitability of the manufacturing and aftermarket operations. It indicates the company's ability to manage production costs and maintain pricing power in the competitive materials handling market.

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