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Hyster-Yale Materials Handling, Inc. HY Lift truck business — Operating Income (Loss)

Other segment segments

JAPIC
-$26.2M+12.7%
EMEA HY
-$19.1M-28.2%
JAPIC HY
-$7.1M+2.7%
Americas HY
-$1.7M-104%
Bolzoni
-$100K-117%

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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

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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:OperatingIncomeLoss.

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$(1.7)$42.5
EMEA(19.1)(14.9)
JAPIC(7.1)(7.3)
Lift truck business(27.9)20.3
Bolzoni(0.1)0.6
Eliminations0.4
Total$(28.0)$21.3
Interest expense

Item 1. Financial Statements

FAQ

What is Hyster-Yale Materials Handling, Inc.'s lift truck business — operating income (loss)?
Hyster-Yale Materials Handling, Inc. (HY) reported lift truck business — operating income (loss) of -$27.9M in Q1 2026.
How has Hyster-Yale Materials Handling, Inc.'s lift truck business — operating income (loss) changed year-over-year?
Hyster-Yale Materials Handling, Inc.'s lift truck business — operating income (loss) decreased by 237.4% year-over-year, from $20.3M to -$27.9M.
What is the long-term trend for Hyster-Yale Materials Handling, Inc.'s lift truck business — operating income (loss)?
Over 3 years (2021 to 2025), Hyster-Yale Materials Handling, Inc.'s lift truck business — operating income (loss) has grown at a -34.8% compound annual growth rate (CAGR), from -$86.9M to -$24.1M.
What does lift truck business — operating income (loss) mean?
Measures the profitability of the lift truck business after accounting for both direct production costs and operating expenses, excluding interest and taxes. It serves as the primary gauge of the segment's core operational performance and management's ability to generate profit from its primary business activities.

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