Hyster-Yale Materials Handling (HY) Financials

$38.36 +0.36 (+0.95%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$38.30 -0.06 (-0.16%)

As of 04/17/2025 04:20 PM Eastern

Annual Income Statements for Hyster-Yale Materials Handling

This table shows Hyster-Yale Materials Handling's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-74	126	142
Consolidated Net Income / (Loss)	-72	128	144
Net Income / (Loss) Continuing Operations	-72	128	160
Total Pre-Tax Income	-62	181	219
Total Operating Income	-39	209	245
Total Gross Profit	434	786	896
Total Revenue	3,548	4,118	4,308
Operating Revenue	3,548	4,118	4,308
Total Cost of Revenue	3,114	3,333	3,413
Operating Cost of Revenue	3,114	3,333	3,413
Total Operating Expenses	473	577	635
Selling, General & Admin Expense	473	577	628
Impairment Charge	0.00	0.00	6.80
Total Other Income / (Expense), net	-23	-28	-26
Interest Expense	28	37	34
Interest & Investment Income	11	9.80	5.50
Other Income / (Expense), net	-5.90	-0.20	2.50
Income Tax Expense	9.20	53	75
Net Income / (Loss) Attributable to Noncontrolling Interest	2.50	2.20	1.90
Basic Earnings per Share	($4.38)	$7.35	$8.16
Weighted Average Basic Shares Outstanding	17.16M	17.49M	17.70M
Diluted Earnings per Share	($4.38)	$7.24	$8.04
Weighted Average Diluted Shares Outstanding	17.16M	17.49M	17.70M
Weighted Average Basic & Diluted Shares Outstanding	17.16M	17.49M	17.70M
Cash Dividends to Common per Share	$1.29	$1.30	$1.38

This table shows Hyster-Yale Materials Handling's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-37	2.00	27	38	36	25	52	63	17	10
Consolidated Net Income / (Loss)	-37	2.40	27	39	36	26	52	64	18	11
Net Income / (Loss) Continuing Operations	-37	2.40	27	39	36	26	52	64	18	27
Total Pre-Tax Income	-32	14	36	51	53	42	77	90	28	24
Total Operating Income	-25	17	43	59	59	49	84	96	33	32
Total Gross Profit	87	149	174	198	204	210	236	259	193	208
Total Revenue	840	917	999	1,091	1,001	1,027	1,057	1,168	1,016	1,068
Operating Revenue	840	917	999	1,091	1,001	1,027	1,057	1,168	1,016	1,068
Total Cost of Revenue	753	769	825	893	798	818	821	909	823	860
Operating Cost of Revenue	753	769	825	893	798	818	821	909	823	860
Total Operating Expenses	112	132	132	139	145	161	152	164	160	160
Selling, General & Admin Expense	112	132	132	139	145	161	152	164	160	153
Total Other Income / (Expense), net	-7.50	-3.60	-6.70	-8.00	-6.00	-7.00	-6.90	-5.60	-5.00	-8.30
Interest Expense	7.70	8.50	10	8.40	9.60	9.10	8.90	8.80	8.40	7.70
Interest & Investment Income	2.60	0.20	1.80	3.10	2.90	2.00	1.00	2.10	3.60	-1.20
Other Income / (Expense), net	-2.40	4.70	1.70	-2.70	0.70	0.10	1.00	1.10	-0.20	0.60
Income Tax Expense	4.20	11	8.70	12	16	16	25	26	10	13
Net Income / (Loss) Attributable to Noncontrolling Interest	0.70	0.40	0.60	0.50	0.60	0.50	0.30	0.60	0.60	0.40
Basic Earnings per Share	($2.20)	$0.12	$1.56	$2.23	$2.08	$1.48	$2.97	$3.62	$0.98	$0.59
Weighted Average Basic Shares Outstanding	16.92M	17.16M	17.05M	17.16M	17.18M	17.49M	17.34M	17.49M	17.50M	17.70M
Diluted Earnings per Share	($2.20)	$0.12	$1.55	$2.21	$2.06	$1.42	$2.93	$3.58	$0.97	$0.56
Weighted Average Diluted Shares Outstanding	16.92M	17.16M	17.21M	17.31M	17.41M	17.49M	17.59M	17.66M	17.75M	17.70M
Weighted Average Basic & Diluted Shares Outstanding	16.94M	17.16M	-	17.18M	17.19M	17.49M	17.50M	17.50M	17.51M	17.70M

This table details how cash moves in and out of Hyster-Yale Materials Handling's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-6.50	20	55
Net Cash From Operating Activities	41	151	171
Net Cash From Continuing Operating Activities	41	151	171
Net Income / (Loss) Continuing Operations	-72	128	144
Consolidated Net Income / (Loss)	-72	128	144
Depreciation Expense	43	45	48
Amortization Expense	1.40	1.40	1.50
Non-Cash Adjustments To Reconcile Net Income	48	61	70
Changes in Operating Assets and Liabilities, net	19	-84	-92
Net Cash From Investing Activities	-35	-35	-48
Net Cash From Continuing Investing Activities	-35	-35	-43
Purchase of Property, Plant & Equipment	-29	-35	-48
Acquisitions	0.00	0.00	2.20
Purchase of Investments	-8.40	-3.20	0.00
Sale of Property, Plant & Equipment	1.30	1.90	1.80
Divestitures	0.00	1.10	0.60
Sale and/or Maturity of Investments	0.50	1.10	0.00
Net Cash From Financing Activities	-11	-101	-100
Net Cash From Continuing Financing Activities	-11	-101	-72
Repayment of Debt	-98	-162	-230
Repurchase of Common Equity	0.00	0.00	14
Payment of Dividends	-22	-24	-25
Issuance of Debt	109	85	169

This table details how cash moves in and out of Hyster-Yale Materials Handling's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-7.70	-9.60	5.60	1.10	13	0.60	-17	4.30	9.10	59
Net Cash From Operating Activities	34	6.30	9.00	36	60	46	22	-2.50	70	81
Net Cash From Continuing Operating Activities	34	6.30	9.00	36	60	46	22	-2.50	70	81
Net Income / (Loss) Continuing Operations	-37	7.90	27	39	36	26	52	64	18	11
Consolidated Net Income / (Loss)	-37	7.90	27	39	36	26	52	64	18	11
Depreciation Expense	11	10	11	11	11	11	12	12	12	12
Amortization Expense	0.40	0.40	0.30	0.40	0.30	0.40	0.40	0.30	0.50	0.30
Non-Cash Adjustments To Reconcile Net Income	9.30	26	13	15	11	21	18	13	20	19
Changes in Operating Assets and Liabilities, net	50	-38	-43	-30	1.70	-13	-59	-92	20	39
Net Cash From Investing Activities	-4.30	-8.20	-5.00	-6.90	-7.90	-15	-7.00	-12	-12	-17
Net Cash From Continuing Investing Activities	4.10	-17	-1.80	-6.90	-7.90	-18	-7.00	-12	-12	-13
Purchase of Property, Plant & Equipment	-4.40	-9.10	-3.30	-7.30	-8.30	-17	-7.50	-12	-10	-18
Acquisitions	-	-	-	-	-	-	-	-	-	4.40
Sale of Property, Plant & Equipment	0.10	0.40	0.40	0.40	0.40	0.70	0.50	0.50	0.40	0.40
Divestitures	-	-	1.10	-	-	-	0.00	-	-	0.60
Net Cash From Financing Activities	-35	-9.00	-2.50	-26	-40	-31	-31	19	-51	-38
Net Cash From Continuing Financing Activities	-44	-0.60	-5.70	-26	-40	-28	-31	19	-51	-9.90
Repayment of Debt	-28	-34	-39	-41	-41	-41	-50	-54	-53	-73
Repurchase of Common Equity	-	-	-0.10	-	-	0.10	-9.10	-	-	23
Payment of Dividends	-5.50	-5.40	-5.60	-6.80	-5.60	-5.60	-5.70	-7.40	-6.10	-6.10
Issuance of Debt	-2.20	31	42	21	6.50	15	34	81	8.40	46

This table presents Hyster-Yale Materials Handling's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	2,026	2,079	2,029
Total Current Assets	1,459	1,490	1,433
Cash & Equivalents	59	79	97
Accounts Receivable	524	498	488
Inventories, net	800	816	754
Prepaid Expenses	77	98	94
Plant, Property, & Equipment, net	310	314	307
Total Noncurrent Assets	258	275	289
Long-Term Investments	59	57	56
Goodwill	51	53	55
Intangible Assets	43	39	33
Noncurrent Deferred & Refundable Income Taxes	2.60	3.00	6.70
Other Noncurrent Operating Assets	102	123	139
Total Liabilities & Shareholders' Equity	2,026	2,079	2,029
Total Liabilities	1,801	1,672	1,535
Total Current Liabilities	1,343	1,219	1,058
Short-Term Debt	286	253	199
Accounts Payable	586	524	448
Current Deferred Revenue	140	78	57
Current Employee Benefit Liabilities	64	87	106
Other Current Liabilities	245	270	241
Total Noncurrent Liabilities	725	695	477
Long-Term Debt	534	483	242
Asset Retirement Reserve & Litigation Obligation	34	51	38
Noncurrent Deferred & Payable Income Tax Liabilities	13	13	8.40
Noncurrent Employee Benefit Liabilities	6.20	0.00	0.00
Other Noncurrent Operating Liabilities	138	149	189
Redeemable Noncontrolling Interest	14	15	15
Total Equity & Noncontrolling Interests	211	392	479
Total Preferred & Common Equity	204	390	475
Total Common Equity	204	390	475
Common Stock	298	328	351
Retained Earnings	153	256	375
Treasury Stock	-	0.00	-14
Accumulated Other Comprehensive Income / (Loss)	-246	-194	-237
Noncontrolling Interest	6.50	2.10	4.10

This table presents Hyster-Yale Materials Handling's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,933	2,110	2,053	2,118	2,116	2,172
Total Current Assets	1,376	1,552	1,501	1,526	1,529	1,559
Cash & Equivalents	69	66	78	62	67	76
Accounts Receivable	460	582	512	521	579	543
Inventories, net	779	820	815	842	791	855
Prepaid Expenses	68	84	95	101	93	86
Plant, Property, & Equipment, net	302	300	299	312	311	317
Total Noncurrent Assets	255	258	254	281	276	296
Long-Term Investments	56	52	54	52	53	60
Goodwill	49	52	51	52	52	58
Intangible Assets	43	41	40	37	36	36
Noncurrent Deferred & Refundable Income Taxes	4.80	2.90	2.60	3.00	2.70	2.80
Other Noncurrent Operating Assets	103	109	106	136	133	139
Total Liabilities & Shareholders' Equity	1,933	2,110	2,053	2,118	2,116	2,172
Total Liabilities	1,798	1,804	1,733	1,689	1,634	1,623
Total Current Liabilities	1,307	1,371	1,299	1,221	1,172	1,149
Short-Term Debt	272	290	267	235	253	221
Accounts Payable	553	577	540	566	507	528
Current Deferred Revenue	153	120	99	71	66	64
Current Employee Benefit Liabilities	51	59	70	52	67	83
Other Current Liabilities	278	309	313	290	272	247
Total Noncurrent Liabilities	490	432	433	468	462	475
Long-Term Debt	273	252	243	240	249	247
Asset Retirement Reserve & Litigation Obligation	32	35	42	46	36	38
Noncurrent Deferred & Payable Income Tax Liabilities	11	12	12	12	12	12
Noncurrent Employee Benefit Liabilities	7.90	6.00	5.90	4.70	4.60	5.10
Other Noncurrent Operating Liabilities	167	127	131	166	161	172
Redeemable Noncontrolling Interest	14	14	14	15	14	0.00
Total Equity & Noncontrolling Interests	122	292	306	414	468	534
Total Preferred & Common Equity	114	291	304	412	466	530
Total Common Equity	114	291	304	412	466	530
Common Stock	295	310	313	337	345	350
Retained Earnings	151	207	237	302	359	370
Treasury Stock	0.00	-0.10	0.00	-9.10	-9.10	-8.70
Accumulated Other Comprehensive Income / (Loss)	-332	-225	-245	-218	-230	-181
Noncontrolling Interest	7.50	1.80	1.80	2.30	2.20	4.10

This table displays calculated financial ratios and metrics derived from Hyster-Yale Materials Handling's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	15.37%	16.06%	4.61%
EBITDA Growth	99.80%	127,600.00%	16.24%
EBIT Growth	70.22%	563.33%	18.61%
NOPAT Growth	74.33%	639.66%	9.13%
Net Income Growth	60.92%	278.91%	12.57%
EPS Growth	57.43%	265.30%	11.05%
Operating Cash Flow Growth	116.02%	271.18%	13.27%
Free Cash Flow Firm Growth	-241.78%	116.52%	150.31%
Invested Capital Growth	87.40%	13.31%	2.40%
Revenue Q/Q Growth	2.53%	2.74%	0.94%
EBITDA Q/Q Growth	99.84%	12.24%	-4.97%
EBIT Q/Q Growth	73.93%	14.81%	-6.04%
NOPAT Q/Q Growth	76.06%	21.61%	-8.25%
Net Income Q/Q Growth	62.08%	22.23%	-9.42%
EPS Q/Q Growth	58.83%	21.89%	-9.66%
Operating Cash Flow Q/Q Growth	248.18%	35.28%	25.89%
Free Cash Flow Firm Q/Q Growth	-352.26%	286.02%	3,401.62%
Invested Capital Q/Q Growth	22.50%	8.99%	-11.01%
Profitability Metrics	-	-	-
Gross Margin	12.23%	19.08%	20.79%
EBITDA Margin	-0.01%	6.19%	6.88%
Operating Margin	-1.10%	5.07%	5.68%
EBIT Margin	-1.27%	5.06%	5.74%
Profit (Net Income) Margin	-2.02%	3.11%	3.35%
Tax Burden Percent	114.74%	70.77%	65.84%
Interest Burden Percent	138.67%	86.81%	88.56%
Effective Tax Rate	0.00%	29.23%	34.16%
Return on Invested Capital (ROIC)	-5.24%	20.33%	20.63%
ROIC Less NNEP Spread (ROIC-NNEP)	-25.50%	15.56%	15.50%
Return on Net Nonoperating Assets (RNNOA)	-18.31%	20.21%	11.38%
Return on Equity (ROE)	-23.55%	40.54%	32.01%
Cash Return on Invested Capital (CROIC)	-66.06%	7.85%	18.27%
Operating Return on Assets (OROA)	-3.50%	10.16%	12.04%
Return on Assets (ROA)	-5.57%	6.24%	7.02%
Return on Common Equity (ROCE)	-9.71%	38.13%	30.74%
Return on Equity Simple (ROE_SIMPLE)	-35.03%	32.85%	30.35%
Net Operating Profit after Tax (NOPAT)	-27	148	161
NOPAT Margin	-0.77%	3.59%	3.74%
Net Nonoperating Expense Percent (NNEP)	20.26%	4.77%	5.14%
Return On Investment Capital (ROIC_SIMPLE)	-2.66%	13.10%	17.52%
Cost of Revenue to Revenue	87.77%	80.92%	79.21%
SG&A Expenses to Revenue	13.33%	14.01%	14.58%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.33%	14.01%	14.74%
Earnings before Interest and Taxes (EBIT)	-45	209	247
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-0.20	255	296
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.99	2.68	1.88
Price to Tangible Book Value (P/TBV)	3.68	3.52	2.30
Price to Revenue (P/Rev)	0.11	0.25	0.21
Price to Earnings (P/E)	0.00	8.30	6.27
Dividend Yield	5.37%	2.13%	2.70%
Earnings Yield	0.00%	12.04%	15.96%
Enterprise Value to Invested Capital (EV/IC)	1.66	2.15	1.52
Enterprise Value to Revenue (EV/Rev)	0.32	0.40	0.28
Enterprise Value to EBITDA (EV/EBITDA)	0.00	6.52	4.05
Enterprise Value to EBIT (EV/EBIT)	0.00	7.97	4.85
Enterprise Value to NOPAT (EV/NOPAT)	0.00	11.25	7.44
Enterprise Value to Operating Cash Flow (EV/OCF)	27.80	11.03	7.03
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	29.15	8.41
Leverage & Solvency	-	-	-
Debt to Equity	3.64	1.81	0.89
Long-Term Debt to Equity	2.37	1.19	0.49
Financial Leverage	0.72	1.30	0.73
Leverage Ratio	4.23	6.50	4.56
Compound Leverage Factor	5.86	5.64	4.04
Debt to Total Capital	78.46%	64.38%	47.14%
Short-Term Debt to Total Capital	27.36%	22.13%	21.27%
Long-Term Debt to Total Capital	51.10%	42.26%	25.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.98%	1.48%	2.03%
Common Equity to Total Capital	19.56%	34.14%	50.82%
Debt to EBITDA	-4,099.50	2.88	1.49
Net Debt to EBITDA	-3,507.50	2.35	0.97
Long-Term Debt to EBITDA	-2,670.00	1.89	0.82
Debt to NOPAT	-29.96	4.98	2.73
Net Debt to NOPAT	-25.63	4.06	1.79
Long-Term Debt to NOPAT	-19.51	3.27	1.50
Altman Z-Score	1.99	3.02	3.35
Noncontrolling Interest Sharing Ratio	58.77%	5.95%	3.98%
Liquidity Ratios	-	-	-
Current Ratio	1.09	1.22	1.35
Quick Ratio	0.43	0.47	0.55
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-345	57	143
Operating Cash Flow to CapEx	147.64%	449.85%	371.09%
Free Cash Flow to Firm to Interest Expense	-12.15	1.53	4.22
Operating Cash Flow to Interest Expense	1.43	4.04	5.05
Operating Cash Flow Less CapEx to Interest Expense	0.46	3.14	3.69
Efficiency Ratios	-	-	-
Asset Turnover	2.76	2.01	2.10
Accounts Receivable Turnover	0.00	8.07	8.74
Inventory Turnover	0.00	4.13	4.35
Fixed Asset Turnover	11.08	13.20	13.88
Accounts Payable Turnover	0.00	6.01	7.03
Days Sales Outstanding (DSO)	0.00	45.25	41.76
Days Inventory Outstanding (DIO)	0.00	88.45	83.96
Days Payable Outstanding (DPO)	0.00	60.75	51.94
Cash Conversion Cycle (CCC)	0.00	72.95	73.78
Capital & Investment Metrics	-	-	-
Invested Capital	681	772	790
Invested Capital Turnover	6.79	5.67	5.52
Increase / (Decrease) in Invested Capital	318	91	19
Enterprise Value (EV)	1,129	1,662	1,199
Market Capitalization	407	1,045	892
Book Value per Share	$12.07	$22.69	$27.14
Tangible Book Value per Share	$6.52	$17.30	$22.13
Total Capital	1,045	1,142	935
Total Debt	820	735	441
Total Long-Term Debt	534	483	242
Net Debt	702	600	289
Capital Expenditures (CapEx)	28	34	46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	343	445	478
Debt-free Net Working Capital (DFNWC)	402	524	574
Net Working Capital (NWC)	116	272	375
Net Nonoperating Expense (NNE)	44	20	17
Net Nonoperating Obligations (NNO)	456	365	296
Total Depreciation and Amortization (D&A)	45	47	49
Debt-free, Cash-free Net Working Capital to Revenue	9.66%	10.82%	11.09%
Debt-free Net Working Capital to Revenue	11.32%	12.73%	13.33%
Net Working Capital to Revenue	3.26%	6.59%	8.71%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($4.38)	$7.35	$8.16
Adjusted Weighted Average Basic Shares Outstanding	17.16M	17.49M	17.70M
Adjusted Diluted Earnings per Share	($4.38)	$7.24	$8.04
Adjusted Weighted Average Diluted Shares Outstanding	17.16M	17.49M	17.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.16M	17.49M	17.70M
Normalized Net Operating Profit after Tax (NOPAT)	-27	148	166
Normalized NOPAT Margin	-0.77%	3.59%	3.85%
Pre Tax Income Margin	-1.76%	4.40%	5.08%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-1.58	5.59	7.32
NOPAT to Interest Expense	-0.96	3.96	4.77
EBIT Less CapEx to Interest Expense	-2.55	4.69	5.96
NOPAT Less CapEx to Interest Expense	-1.93	3.06	3.41
Payout Ratios	-	-	-
Dividend Payout Ratio	-30.73%	18.42%	17.55%
Augmented Payout Ratio	-30.73%	18.42%	7.84%

This table displays calculated financial ratios and metrics derived from Hyster-Yale Materials Handling's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.28%	10.57%	11.60%	21.80%	19.18%	11.97%	5.72%	7.11%	1.49%	3.92%
EBITDA Growth	62.88%	134.86%	764.29%	897.65%	543.13%	85.02%	73.66%	61.36%	-36.39%	-25.62%
EBIT Growth	50.18%	120.72%	323.74%	383.33%	317.22%	122.83%	91.42%	72.37%	-44.52%	-32.58%
NOPAT Growth	54.14%	104.05%	393.69%	508.65%	332.66%	888.84%	74.89%	51.14%	-48.30%	-52.02%
Net Income Growth	52.34%	102.09%	245.45%	307.49%	199.45%	970.83%	90.44%	64.69%	-51.10%	-58.37%
EPS Growth	52.07%	101.95%	234.78%	292.17%	193.64%	1,083.33%	89.03%	61.99%	-52.91%	-60.56%
Operating Cash Flow Growth	137.43%	110.21%	-84.77%	160.78%	76.83%	623.81%	148.89%	-106.98%	16.25%	76.97%
Free Cash Flow Firm Growth	311.26%	-214.38%	1,285.14%	-186.66%	-147.74%	80.71%	-204.97%	91.92%	-42.57%	93.24%
Invested Capital Growth	-31.11%	87.40%	0.00%	0.00%	27.35%	13.31%	0.00%	16.68%	25.42%	2.40%
Revenue Q/Q Growth	-6.18%	9.20%	8.93%	9.14%	-8.20%	2.60%	2.85%	10.56%	-13.01%	5.06%
EBITDA Q/Q Growth	-88.24%	304.38%	70.64%	21.51%	4.57%	-14.67%	60.17%	12.90%	-58.78%	-0.22%
EBIT Q/Q Growth	-37.88%	180.22%	102.28%	26.64%	5.70%	-17.71%	73.77%	14.03%	-65.98%	0.00%
NOPAT Q/Q Growth	-58.60%	117.41%	963.37%	39.14%	-9.70%	-25.99%	88.07%	20.25%	-69.11%	-31.32%
Net Income Q/Q Growth	-95.72%	106.56%	1,033.33%	42.65%	-6.19%	-29.40%	101.56%	23.36%	-72.14%	-39.89%
EPS Q/Q Growth	-91.30%	105.45%	1,191.67%	42.58%	-6.79%	-31.07%	106.34%	22.18%	-72.91%	-42.27%
Operating Cash Flow Q/Q Growth	157.89%	-81.52%	42.86%	297.78%	68.44%	-24.38%	-50.88%	-111.16%	2,904.00%	15.12%
Free Cash Flow Firm Q/Q Growth	-71.16%	-234.66%	324.10%	-199.58%	84.11%	45.60%	-1,119.81%	92.34%	-180.36%	97.42%
Invested Capital Q/Q Growth	0.00%	22.50%	-100.00%	0.00%	-5.21%	8.99%	3.21%	9.41%	1.89%	-11.01%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	10.34%	16.22%	17.45%	18.15%	20.34%	20.41%	22.31%	22.20%	18.98%	19.45%
EBITDA Margin	-1.90%	3.56%	5.58%	6.22%	7.08%	5.89%	9.17%	9.37%	4.44%	4.22%
Operating Margin	-2.96%	1.87%	4.26%	5.39%	5.85%	4.74%	7.93%	8.18%	3.26%	3.03%
EBIT Margin	-3.25%	2.39%	4.43%	5.14%	5.92%	4.75%	8.03%	8.28%	3.24%	3.08%
Profit (Net Income) Margin	-4.36%	0.26%	2.72%	3.56%	3.64%	2.50%	4.90%	5.47%	1.75%	1.00%
Tax Burden Percent	112.96%	17.65%	75.77%	76.38%	69.20%	61.63%	67.36%	71.00%	63.35%	44.58%
Interest Burden Percent	118.68%	62.10%	81.04%	90.55%	88.70%	85.45%	90.68%	93.07%	85.41%	72.95%
Effective Tax Rate	0.00%	82.35%	24.23%	23.62%	30.80%	38.37%	32.64%	29.00%	36.65%	55.42%
Return on Invested Capital (ROIC)	-10.53%	2.25%	0.00%	42.41%	25.68%	16.56%	56.00%	30.53%	11.03%	7.44%
ROIC Less NNEP Spread (ROIC-NNEP)	-15.87%	1.96%	0.00%	39.64%	24.66%	15.51%	53.47%	29.58%	10.18%	6.32%
Return on Net Nonoperating Assets (RNNOA)	-17.66%	1.41%	0.00%	57.08%	43.74%	20.16%	45.76%	31.16%	8.84%	4.64%
Return on Equity (ROE)	-28.19%	3.65%	0.00%	99.49%	69.42%	36.72%	101.77%	61.69%	19.87%	12.08%
Cash Return on Invested Capital (CROIC)	20.07%	-66.06%	0.00%	-188.25%	-4.85%	7.85%	-156.85%	8.72%	-0.54%	18.27%
Operating Return on Assets (OROA)	-5.70%	6.59%	0.00%	9.38%	11.91%	9.53%	15.82%	16.66%	6.54%	6.46%
Return on Assets (ROA)	-7.65%	0.72%	0.00%	6.49%	7.31%	5.02%	9.66%	11.01%	3.54%	2.10%
Return on Common Equity (ROCE)	-25.77%	1.51%	0.00%	94.39%	63.69%	34.54%	97.69%	59.18%	19.40%	11.60%
Return on Equity Simple (ROE_SIMPLE)	-165.61%	0.00%	0.00%	10.95%	34.43%	0.00%	37.05%	38.18%	30.04%	0.00%
Net Operating Profit after Tax (NOPAT)	-17	3.04	32	45	41	30	56	68	21	14
NOPAT Margin	-2.07%	0.33%	3.23%	4.12%	4.05%	2.92%	5.34%	5.81%	2.06%	1.35%
Net Nonoperating Expense Percent (NNEP)	5.34%	0.29%	0.00%	2.77%	1.03%	1.05%	2.53%	0.96%	0.85%	1.12%
Return On Investment Capital (ROIC_SIMPLE)	-	0.29%	-	-	-	2.66%	-	-	-	1.57%
Cost of Revenue to Revenue	89.66%	83.78%	82.55%	81.85%	79.66%	79.59%	77.69%	77.80%	81.02%	80.55%
SG&A Expenses to Revenue	13.31%	14.34%	13.19%	12.75%	14.48%	15.67%	14.38%	14.01%	15.73%	14.30%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.31%	14.34%	13.19%	12.75%	14.48%	15.67%	14.38%	14.01%	15.73%	14.94%
Earnings before Interest and Taxes (EBIT)	-27	22	44	56	59	49	85	97	33	33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-16	33	56	68	71	61	97	109	45	45
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.04	1.99	0.00	3.22	2.46	2.68	2.66	2.62	2.11	1.88
Price to Tangible Book Value (P/TBV)	15.92	3.68	0.00	4.75	3.50	3.52	3.40	3.23	2.56	2.30
Price to Revenue (P/Rev)	0.10	0.11	0.23	0.24	0.19	0.25	0.26	0.29	0.26	0.21
Price to Earnings (P/E)	0.00	0.00	0.00	31.59	7.29	8.30	7.28	6.94	7.10	6.27
Dividend Yield	6.32%	5.37%	2.67%	2.37%	2.97%	2.13%	2.04%	1.90%	2.12%	2.70%
Earnings Yield	0.00%	0.00%	0.00%	3.17%	13.72%	12.04%	13.74%	14.41%	14.09%	15.96%
Enterprise Value to Invested Capital (EV/IC)	1.42	1.66	0.00	1.84	1.61	2.15	1.85	1.86	1.64	1.52
Enterprise Value to Revenue (EV/Rev)	0.23	0.32	0.00	0.36	0.29	0.40	0.35	0.38	0.34	0.28
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	9.80	5.03	6.52	4.98	4.79	4.66	4.05
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	14.48	6.29	7.97	5.92	5.59	5.52	4.85
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	31.34	9.41	11.25	8.58	8.30	8.27	7.44
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	27.80	0.00	16.14	10.26	11.03	8.99	12.87	10.72	7.03
Enterprise Value to Free Cash Flow (EV/FCFF)	5.76	0.00	0.00	0.00	0.00	29.15	0.00	22.95	0.00	8.41
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.03	3.64	0.00	1.77	1.59	1.81	1.11	1.04	0.88	0.89
Long-Term Debt to Equity	2.02	2.37	0.00	0.82	0.76	1.19	0.56	0.52	0.46	0.49
Financial Leverage	1.11	0.72	0.00	1.44	1.77	1.30	0.86	1.05	0.87	0.73
Leverage Ratio	6.11	4.23	0.00	6.89	8.74	6.50	4.93	5.36	4.94	4.56
Compound Leverage Factor	7.25	2.63	0.00	6.24	7.76	5.55	4.47	4.99	4.22	3.33
Debt to Total Capital	80.12%	78.46%	0.00%	63.91%	61.43%	64.38%	52.52%	51.01%	46.73%	47.14%
Short-Term Debt to Total Capital	40.05%	27.36%	0.00%	34.19%	32.17%	22.13%	26.00%	25.75%	22.05%	21.27%
Long-Term Debt to Total Capital	40.08%	51.10%	0.00%	29.72%	29.26%	42.26%	26.51%	25.25%	24.68%	25.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	3.12%	1.98%	0.00%	1.85%	1.95%	1.48%	1.90%	1.67%	0.41%	2.03%
Common Equity to Total Capital	16.73%	19.56%	0.00%	34.24%	36.62%	34.14%	45.58%	47.33%	52.86%	50.82%
Debt to EBITDA	-4.30	-4,099.50	0.00	3.87	2.25	2.88	1.60	1.49	1.50	1.49
Net Debt to EBITDA	-3.32	-3,507.50	0.00	3.03	1.66	2.35	1.22	1.13	1.07	0.97
Long-Term Debt to EBITDA	-2.15	-2,670.00	0.00	1.80	1.07	1.89	0.81	0.74	0.79	0.82
Debt to NOPAT	-4.77	-29.96	0.00	12.36	4.20	4.98	2.76	2.57	2.67	2.73
Net Debt to NOPAT	-3.68	-25.63	0.00	9.68	3.11	4.06	2.10	1.96	1.90	1.79
Long-Term Debt to NOPAT	-2.38	-19.51	0.00	5.75	2.00	3.27	1.39	1.27	1.41	1.50
Altman Z-Score	2.01	2.10	0.00	2.46	2.59	2.76	2.87	3.05	2.89	3.01
Noncontrolling Interest Sharing Ratio	8.60%	58.77%	0.00%	5.13%	8.25%	5.95%	4.01%	4.07%	2.38%	3.98%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.05	1.09	0.00	1.13	1.16	1.22	1.25	1.31	1.36	1.35
Quick Ratio	0.40	0.43	0.00	0.47	0.45	0.47	0.48	0.55	0.54	0.55
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	234	-315	705	-702	-112	-61	-740	-57	-159	-4.10
Operating Cash Flow to CapEx	793.02%	72.41%	310.34%	518.84%	763.29%	288.61%	320.00%	-21.37%	715.31%	461.14%
Free Cash Flow to Firm to Interest Expense	30.35	-37.02	69.13	-83.59	-11.62	-6.67	-83.17	-6.45	-18.93	-0.53
Operating Cash Flow to Interest Expense	4.43	0.74	0.88	4.26	6.28	5.01	2.52	-0.28	8.35	10.48
Operating Cash Flow Less CapEx to Interest Expense	3.87	-0.28	0.60	3.44	5.46	3.27	1.73	-1.61	7.18	8.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.76	2.76	0.00	1.82	2.01	2.01	1.97	2.01	2.02	2.10
Accounts Receivable Turnover	7.40	0.00	0.00	6.61	8.25	8.07	8.02	7.33	8.09	8.74
Inventory Turnover	4.05	0.00	0.00	3.95	4.12	4.13	3.95	4.15	4.03	4.35
Fixed Asset Turnover	11.03	11.08	0.00	12.82	13.34	13.20	13.39	13.92	13.87	13.88
Accounts Payable Turnover	5.69	0.00	0.00	5.62	6.01	6.01	5.88	6.17	6.31	7.03
Days Sales Outstanding (DSO)	49.36	0.00	0.00	55.22	44.26	45.25	45.50	49.81	45.09	41.76
Days Inventory Outstanding (DIO)	90.14	0.00	0.00	92.40	88.61	88.45	92.32	87.89	90.47	83.96
Days Payable Outstanding (DPO)	64.17	0.00	0.00	65.00	60.75	60.75	62.05	59.13	57.84	51.94
Cash Conversion Cycle (CCC)	75.32	0.00	0.00	82.63	72.12	72.95	75.76	78.58	77.72	73.78
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	556	681	0.00	747	708	772	797	872	888	790
Invested Capital Turnover	5.08	6.79	0.00	10.30	6.34	5.67	10.48	5.25	5.35	5.52
Increase / (Decrease) in Invested Capital	-251	318	-673	747	152	91	797	125	180	19
Enterprise Value (EV)	788	1,129	0.00	1,375	1,143	1,662	1,475	1,619	1,453	1,199
Market Capitalization	345	407	830	935	749	1,045	1,098	1,220	1,116	892
Book Value per Share	$6.73	$12.07	$0.00	$16.93	$17.72	$22.69	$23.77	$26.62	$30.28	$27.14
Tangible Book Value per Share	$1.28	$6.52	$0.00	$11.48	$12.44	$17.30	$18.62	$21.62	$24.88	$22.13
Total Capital	680	1,045	0.00	849	831	1,142	904	984	1,003	935
Total Debt	545	820	0.00	542	511	735	475	502	469	441
Total Long-Term Debt	273	534	0.00	252	243	483	240	249	247	242
Net Debt	421	702	0.00	425	378	600	361	383	333	289
Capital Expenditures (CapEx)	4.30	8.70	2.90	6.90	7.90	16	7.00	12	9.80	18
Debt-free, Cash-free Net Working Capital (DFCFNWC)	272	343	0.00	405	391	445	478	545	556	478
Debt-free Net Working Capital (DFNWC)	341	402	0.00	471	469	524	540	611	632	574
Net Working Capital (NWC)	68	116	0.00	181	202	272	305	358	411	375
Net Nonoperating Expense (NNE)	19	0.64	5.08	6.11	4.15	4.31	4.65	3.98	3.17	3.70
Net Nonoperating Obligations (NNO)	421	456	0.00	441	388	365	367	390	354	296
Total Depreciation and Amortization (D&A)	11	11	12	12	12	12	12	13	12	12
Debt-free, Cash-free Net Working Capital to Revenue	7.86%	9.66%	0.00%	10.54%	9.75%	10.82%	11.45%	12.81%	13.03%	11.09%
Debt-free Net Working Capital to Revenue	9.84%	11.32%	0.00%	12.24%	11.70%	12.73%	12.94%	14.37%	14.80%	13.33%
Net Working Capital to Revenue	1.97%	3.26%	0.00%	4.70%	5.03%	6.59%	7.31%	8.41%	9.62%	8.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.20)	$0.12	$0.00	$2.23	$0.00	$1.48	$2.97	$3.62	$0.98	$0.59
Adjusted Weighted Average Basic Shares Outstanding	16.92M	17.16M	0.00	17.16M	0.00	17.49M	17.34M	17.49M	17.50M	17.70M
Adjusted Diluted Earnings per Share	($2.20)	$0.12	$0.00	$2.21	$0.00	$1.42	$2.93	$3.58	$0.97	$0.56
Adjusted Weighted Average Diluted Shares Outstanding	16.92M	17.16M	0.00	17.31M	0.00	17.49M	17.59M	17.66M	17.75M	17.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.94M	17.16M	0.00	17.18M	0.00	17.49M	17.50M	17.50M	17.51M	17.70M
Normalized Net Operating Profit after Tax (NOPAT)	-17	12	32	45	41	30	56	68	21	23
Normalized NOPAT Margin	-2.07%	1.31%	3.23%	4.12%	4.05%	2.92%	5.34%	5.81%	2.06%	2.12%
Pre Tax Income Margin	-3.86%	1.48%	3.59%	4.66%	5.25%	4.06%	7.28%	7.70%	2.77%	2.25%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-3.55	2.58	4.34	6.68	6.18	5.36	9.53	10.99	3.92	4.27
NOPAT to Interest Expense	-2.26	0.36	3.16	5.35	4.22	3.30	6.34	7.71	2.50	1.87
EBIT Less CapEx to Interest Expense	-4.10	1.55	4.06	5.86	5.35	3.63	8.74	9.66	2.75	2.00
NOPAT Less CapEx to Interest Expense	-2.82	-0.67	2.88	4.53	3.40	1.56	5.56	6.38	1.33	-0.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-11.65%	-30.73%	-86.38%	73.27%	22.33%	18.42%	15.52%	13.67%	15.58%	17.55%
Augmented Payout Ratio	-11.65%	-30.73%	-86.38%	73.27%	22.33%	18.42%	15.52%	13.67%	15.58%	7.84%

Frequently Asked Questions About Hyster-Yale Materials Handling's Financials

When does Hyster-Yale Materials Handling's fiscal year end?

According to the most recent income statement we have on file, Hyster-Yale Materials Handling's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Hyster-Yale Materials Handling's net income changed over the last 2 years?

Hyster-Yale Materials Handling's net income appears to be on an upward trend, with a most recent value of $144.20 million in 2024, falling from -$71.60 million in 2022. The previous period was $128.10 million in 2023.

What is Hyster-Yale Materials Handling's operating income?

Hyster-Yale Materials Handling's total operating income in 2024 was $244.80 million, based on the following breakdown:

Total Gross Profit: $895.50 million
Total Operating Expenses: $634.90 million

How has Hyster-Yale Materials Handling revenue changed over the last 2 years?

Over the last 2 years, Hyster-Yale Materials Handling's total revenue changed from $3.55 billion in 2022 to $4.31 billion in 2024, a change of 21.4%.

How much debt does Hyster-Yale Materials Handling have?

Hyster-Yale Materials Handling's total liabilities were at $1.54 billion at the end of 2024, a 8.2% decrease from 2023, and a 14.8% decrease since 2022.

How much cash does Hyster-Yale Materials Handling have?

In the past 2 years, Hyster-Yale Materials Handling's cash and equivalents has ranged from $59 million in 2022 to $96.60 million in 2024, and is currently $96.60 million as of their latest financial filing in 2024.

How has Hyster-Yale Materials Handling's book value per share changed over the last 2 years?

Over the last 2 years, Hyster-Yale Materials Handling's book value per share changed from 12.07 in 2022 to 27.14 in 2024, a change of 124.9%.

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This page (NYSE:HY) was last updated on 4/18/2025 by MarketBeat.com Staff

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Hyster-Yale Materials Handling (HY) Financials

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Hyster-Yale Materials Handling (HY) Financials

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