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Hyster-Yale Materials Handling, Inc. HY Lift truck business — Interest Expense

Other segment segments

Americas
$6.8M-5.6%
JAPIC
$1.2M0.0%
Bolzoni
$600K+20.0%
Eliminations
-$400K-100%
EMEA
$200K+100%
JAPIC HY
$200K-33.3%

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HMNLife & Retirement — Interest Expense
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UHALLife Insurance — Interest Expense
$3.58M-2.9%

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$629.36M-2.6%
Enterprise value$1.18B+1.2%
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 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$6.8$7.2
EMEA0.20.1
JAPIC0.20.3
Eliminations(0.4)(0.2)
Lift truck business6.87.4
Bolzoni0.60.5
Eliminations(0.2)(0.2)
Total$7.2$7.7

Item 1. Financial Statements

FAQ

What is Hyster-Yale Materials Handling, Inc.'s lift truck business — interest expense?
Hyster-Yale Materials Handling, Inc. (HY) reported lift truck business — interest expense of $6.8M in Q1 2026.
How has Hyster-Yale Materials Handling, Inc.'s lift truck business — interest expense changed year-over-year?
Hyster-Yale Materials Handling, Inc.'s lift truck business — interest expense decreased by 8.1% year-over-year, from $7.4M to $6.8M.
What is the long-term trend for Hyster-Yale Materials Handling, Inc.'s lift truck business — interest expense?
Over 4 years (2021 to 2025), Hyster-Yale Materials Handling, Inc.'s lift truck business — interest expense has grown at a 19.0% compound annual growth rate (CAGR), from $15M to $30.1M.
What does lift truck business — interest expense mean?
Represents the cost of financing the debt specifically allocated to or associated with the operations of the lift truck business. This metric is critical for evaluating the segment's capital structure and the impact of debt servicing on overall segment-level profitability.

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