Hyster-Yale (HY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Hyster-Yale

NYSE•Industrials•Farm & Heavy Construction Machinery

$35.75+1.63(0.05%)Market closed

Market Cap

$596.29M

P/S

0.2x

P/B

1.5x

Hyster-Yale, Inc., through its subsidiaries, provides lift trucks, attachments, parts, fleet management services, and technology and energy solutions worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster, Yale, and Nuvera brands to independent Hyster and Yale retail dealerships. The company also offers lift truck attachments, forks, masts, and lift tables under the Bolzoni, Auramo, and Meyer brands, as well as parts under the UNISOURCE brand. In addition, it designs and produces specialized products in the port equipment and rough terrain forklift markets. 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.

How this company scores

PoorMetricSide Score: 19/100

Grade capped at D — Interest coverage below 1× (-2.6x) — earnings cannot cover interest. Strongest: Profitability (7/25); weakest: Growth (1/25).

Profitability7/25

Growth1/25

Balance Sheet & Red Flags5/25

Cash & Earnings Quality6/25

Strengths

Improving margins

Grade capped at D

Interest coverage below 1× (-2.6x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 240.2x5y range 6.2x – 240.2x

Currently above its 10-quarter median.

P/S · 0.2x5y range 0.1x – 0.3x

Currently near its 20-quarter median.

P/B · 1.5x5y range 1.1x – 3.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 223.9% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -0.8x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $596.29M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.51B
Q. Revenue: $812.90M
TTM EBITDA: $-36.10M
TTM Op. Income: $-81.30M
Q. Op. Income: $-18.40M
TTM Net Income: $-116.90M
Q. Net Income: $-31.60M
EPS: $-1.76
Shares Out.: $17.91M

$3.51B in TTM revenue declined 11.1% YoY, reaching $812.90M last quarter. TTM EBITDA of $-36.10M and TTM operating income of $-81.30M show growth is flowing through to the bottom line. However, net income is negative at $116.90M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 6 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 15.7%
EBITDA Margin: -0.9%
Op. Margin: -2.3%
Net Margin: -3.9%

Op. margin of -2.3% is down 1.4% YoY — costs are rising relative to revenue. Net margin at -3.9% and gross margin of 15.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.2x
P/B Ratio: 1.5x

P/S of 0.2x and P/B of 1.5x. P/S is low relative to typical market levels. Across the last 5 quarters, P/E has risen for 3 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.93B
Cash: $72.60M
Long-Term Debt: $480.30M
Book Value: $393.90M
D/E Ratio: 1.2
Debt/EBITDA: N/A

With $1.93B in assets and $480.30M in long-term debt, D/E is 1.2and book value is $393.90M — moderate leverage. Across the last 8 quarters, debt/equity has risen for 5 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $16.70M
TTM Free Cash Flow: $14.80M
FCF Margin: 0.4%
FCF / Net Income: -0.1

TTM FCF of $14.80M on $16.70M in operating cash flow. The FCF / Net Income ratio of -0.1x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 84% — a weakening trend.