Hyster-Yale (HY) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

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.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit