Hyster-Yale, Inc.
Description
Hyster-Yale, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, it produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, the company designs, manufactures, and sells hydrogen fuel-cell stacks and engines. It serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. The company was formerly known as Hyster-Yale Materials Handling, Inc. and changed its name to Hyster-Yale, Inc. in June 2024. Hyster-Yale, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio.
About
CEO
Mr. Rajiv K. Prasad
Employees
8,600
Instrument type
Common Stock
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
MIC code
XNYS
Address
5875 Landerbrook Drive, Cleveland, OH 44124-4069, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 3, 2025 | — | — | — | — |
| Aug 4, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Feb 25, 2025 | 1.38 | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 2 |
| Average estimate | — | 1.65 | — | 5.46 |
| Low estimate | — | 1.65 | — | 5.32 |
| High estimate | — | 1.65 | — | 5.60 |
| Last year EPS | — | 2.93 | — | 8.91 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-2.450%
Next qtr. (Mar 2025)
-43.690%
Current year
23.000%
Next year (Dec 2025)
-38.690%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 4.12B | 3.55B | 3.08B | 2.81B | 3.29B |
| Cost of revenue | 3.33B | 3.11B | 2.71B | 2.35B | 2.75B |
| Gross profit | 785.60M | 433.90M | 363.40M | 465.40M | 541.80M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 576.90M | 473.00M | 450.10M | 415.50M | 487.90M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 208.70M | -39.10M | -86.70M | 49.90M | 53.90M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 37.30M | 28.40M | 15.50M | 13.70M | 19.80M |
| Other income expense | 9.60M | 5.10M | -52.70M | 6.00M | 13.80M |
| Pretax income | 181.00M | -62.40M | -154.90M | 42.20M | 47.90M |
| Tax provision | 52.90M | 9.20M | 28.30M | 3.70M | 11.30M |
| Net income | 128.10M | -71.60M | -183.20M | 38.50M | 36.60M |
| Basic EPS | 7.35 | -4.38 | -10.29 | 2.21 | 2.15 |
| Diluted EPS | 7.24 | -4.38 | -10.29 | 2.21 | 2.14 |
| Basic average shares | 17.14M | 16.90M | 16.82M | 16.78M | 16.65M |
| Diluted average shares | 17.14M | 16.90M | 16.82M | 16.78M | 16.65M |
| EBITDA | 263.40M | 9.40M | -27.60M | 98.80M | 111.00M |
| Net income from continuing op. | 128.10M | -71.60M | -183.20M | 38.50M | 36.60M |
| Minority interests | -2.20M | -2.50M | 10.20M | -1.40M | -800,000 |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.08B | 2.03B | 1.97B | 1.86B | 1.85B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 78.80M | 59.00M | 65.50M | 151.40M | 64.60M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 497.50M | 523.60M | 457.40M | 412.10M | 468.30M |
| Other receivables | — | — | — | — | — |
| Inventory | 815.70M | 799.50M | 781.00M | 509.40M | 559.90M |
| Prepaid assets | — | — | 46.10M | 56.80M | 63.00M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 98.10M | 76.60M | 46.10M | 56.80M | 63.00M |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | 32.20M | 32.20M | 33.50M | 33.60M | 31.80M |
| Machinery furniture equipment | 908.30M | 858.00M | 856.70M | 842.90M | 764.00M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -626.60M | -580.20M | -559.70M | -536.10M | -487.30M |
| Goodwill | 145.90M | 145.30M | 163.70M | 287.90M | 273.50M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 39.30M | 42.70M | 50.70M | 58.50M | 60.10M |
| Investments and advances | 56.80M | 59.40M | 71.70M | 80.20M | 80.00M |
| Other non current assets | 125.70M | 104.10M | 110.70M | 136.00M | 136.10M |
| Total liabilities | 1.67B | 1.80B | 1.59B | 1.21B | 1.27B |
| Current liabilities | |||||
| Accounts payable | 523.50M | 585.80M | 517.00M | 412.00M | 401.50M |
| Accrued expenses | 87.40M | 64.40M | 57.10M | 46.10M | 66.10M |
| Short term debt | 252.70M | 285.90M | 256.80M | 83.10M | 82.30M |
| Deferred revenue | 77.90M | 139.80M | 49.70M | 41.70M | 49.10M |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 270.40M | 245.40M | 199.60M | 156.90M | 202.40M |
| Non current liabilities | |||||
| Long term debt | 241.30M | 267.00M | 261.70M | 206.10M | 204.70M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 12.70M | 13.40M | 12.70M | 14.90M | 15.40M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 194.50M | 171.60M | 202.00M | 211.70M | 219.60M |
| Shareholders equity | |||||
| Common stock | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 |
| Retained earnings | 256.30M | 152.70M | 248.60M | 443.20M | 427.40M |
| Other shareholders equity | -194.30M | -246.20M | -202.30M | -133.10M | -188.70M |
| Total shareholders equity | 406.80M | 225.10M | 382.90M | 651.10M | 577.00M |
| Additional paid in capital | 327.70M | 297.70M | 315.10M | 312.60M | 321.30M |
| Treasury stock | — | — | 4.50M | 6.00M | 15.90M |
| Minority interest | 16.90M | 20.70M | 25.80M | 34.20M | 32.70M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | 128.10M | -71.60M | -183.20M | 38.50M | 36.60M | 34.30M | 48.90M | 42.30M | 75.10M | 110.20M | 110.20M | 98.10M | 82.60M | 32.30M |
| Depreciation | 45.10M | 43.40M | 46.20M | 42.90M | 43.30M | 44.00M | 42.80M | 39.10M | 28.90M | 29.70M | 30.20M | 28.00M | 31.30M | 33.90M |
| Deferred Taxes | -1.10M | -100,000 | 19.80M | -2.50M | -6.80M | -3.20M | 8.10M | -7.40M | -1.40M | 1.80M | -9.60M | -13.60M | 8.60M | -1.10M |
| Stock-Based Compensation | 29.30M | 6.40M | 4.00M | 1.30M | 8.20M | 5.70M | 8.80M | 4.90M | 2.90M | 6.00M | 14.20M | 1.30M | — | — |
| Other Non-Cash Items | 37.20M | 7.30M | -30.60M | 10.00M | 16.80M | 1.10M | -7.10M | -20.00M | 6.00M | 2.20M | 16.40M | -9.50M | -2.20M | -32.20M |
| Accounts Receivable | 26.80M | -89.50M | -54.60M | 68.90M | -9.60M | 58.00M | -44.00M | -27.50M | 6.20M | -8.50M | -42.00M | 27.20M | -59.30M | -91.90M |
| Accounts Payable | -81.40M | 78.70M | 129.50M | 4.30M | 1.90M | 23.30M | 125.10M | -53.80M | -39.30M | 4.70M | 56.20M | -5.00M | 14.60M | 150.60M |
| Other Assets & Liabilities | -43.80M | 50.40M | -255.70M | -2.30M | -18.90M | -117.50M | -25.30M | -31.30M | 8.50M | -28.30M | -32.20M | -2.40M | -23.30M | -50.20M |
| Operating Cash Flow | 140.20M | 25.00M | -324.60M | 161.10M | 71.50M | 45.70M | 157.30M | -53.70M | 86.90M | 117.80M | 143.40M | 124.10M | 52.30M | 41.40M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | — | — | -44.30M | -51.70M | -49.70M | -38.80M | -41.00M | -42.70M | -46.60M | -48.50M | -36.50M | -19.80M | -16.50M | -12.10M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -2.10M | -8.40M | — | — | — | -78.00M | -2.00M | -116.10M | 900,000 | -3.90M | — | — | — | 3.00M |
| Purchase of Investments | — | — | — | — | — | — | -5.60M | — | — | — | — | — | — | — |
| Sale of Investments | 1.10M | 500,000 | 15.70M | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | 900,000 | -6.60M | -24.50M | -43.70M | -42.00M | -110.90M | -47.30M | -145.10M | -31.30M | -44.40M | -26.10M | -19.50M | -15.90M | -8.50M |
| Financing Activities | ||||||||||||||
| Long-Term Debt Issuance | 138.80M | 135.00M | 119.60M | 72.20M | 67.60M | 71.50M | 265.60M | 155.50M | 46.40M | 31.10M | 72.40M | 151.90M | 16.60M | 21.30M |
| Long-Term Debt Payments | -161.10M | -97.60M | -62.00M | -83.70M | -92.10M | -143.70M | -187.60M | -56.50M | -35.00M | -75.40M | -154.20M | -243.00M | -25.90M | -37.60M |
| Other Financing Charges | -2.20M | -200,000 | -7.80M | -400,000 | -800,000 | -1.50M | -5.10M | -1.90M | -100,000 | -200,000 | -2.90M | -8.30M | -200,000 | -3.10M |
| Financing Cash Flow | -100.50M | -10.90M | 193.60M | -40.60M | -51.60M | -87.60M | 53.10M | 77.90M | -7.20M | -110.50M | -104.40M | -144.40M | -19.50M | -24.40M |
| Other Cash Details | ||||||||||||||
| End Cash Position | 78.80M | 59.00M | 65.50M | 151.40M | 64.60M | 83.70M | 220.10M | 43.20M | 155.10M | 111.40M | 175.70M | 151.30M | 184.90M | 169.50M |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 115.30M | 11.80M | -297.80M | 115.20M | 27.00M | 28.80M | 123.70M | -91.60M | 42.80M | 51.50M | 116.40M | 108.90M | 38.10M | 35.40M |
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