HY
Hyster-Yale, Inc.32.73
-0.80-2.39%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details launches, automation progress
Q&A surfaced timely product details and demand nuance, confirming industrial heavy-side sectors like metals and lumber spearheading North America bookings recovery, while warehouse demand stayed steady. Management highlighted this week's launches of modular electric counterbalances and warehouse models, with automation pilots converting to orders and an April official debut to boost warehouse share. Capex breaks down to modular tech, IT overhauls, and flexible manufacturing. Gross margins pegged at mid- to high-teens by end-2026, normalizing from prior peaks amid lighter mix. Pilots now yield orders. Cautious optimism persists; watch H2 shipment ramp and tariff juggling.
Key Stats
Market Cap
580.43MP/E (TTM)
233.79Basic EPS (TTM)
0.14Dividend Yield
0.04%Recent Filings
8-K
Q4 revenue drops, 2026 rebound eyed
Hyster-Yale posted its Q4 2025 investor presentation on March 4, 2026, revealing $923M revenue, down 14% y/y from lower lift truck volumes and economic uncertainty, with $15.7M adjusted operating loss. Bookings surged 42% q/q to $540M backlog. 2026 outlook eyes moderate operating profit via H2 revenue growth, despite tariff headwinds. Cash flow holds steady.
8-K
Q4 loss, bookings rebound
Hyster-Yale reported Q4 2025 revenues of $923M, down 14% year-over-year, with a $37M operating loss driven by lower volumes and $40M in tariff costs; full-year revenue fell to $3.8B alongside a $22M loss. Bookings surged 35% to $540M, hinting at Americas recovery. Tariffs crushed profits. 2026 eyes moderate profit after H1 loss, via cost cuts yielding $40-45M savings.
10-K
FY2025 results
Hyster-Yale's FY2025 revenues fell 12.5% to $3,769.3M from $4,308.2M, driven by lower lift truck volumes across Americas (down 12.6%) and EMEA (down 19.5%), while Q4 bookings strengthened amid North American growth over Q3 yet shipments outpaced orders, shrinking backlog from $1,930M to $1,280M. Operating loss hit $22.1M versus $244.8M profit, hammered by ~$100M tariff costs, lower absorption, and $38.4M restructuring charges including Q4 workforce cuts; Americas swung to $68.3M profit from $277.1M while EMEA loss widened to $66.2M on lighter-duty truck shifts. Cash from operations dropped to $86.1M; debt rose to $494.3M with $192.1M revolver availability. Q4 momentum hints at cycle trough in Q1 2026. Tariffs threaten cost recovery.
8-K
2025 revenue drops 12.5%
8-K
CFO resigns; CEO interim
IPO
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