Hyster-Yale Materials Handling, Inc. (HY) Stock

Hyster-Yale Materials Handling, Inc. (HY) is a Consumer Discretionary stock trading at $33.13 (as of 2026-07-24), with a market capitalization of $590.50M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hyster-Yale Materials Handling, Inc., through subsidiaries, designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts, including components and truck assemblies. It markets products under Hyster and Yale and additional brands for attachments and parts, supplying independent dealers and aftermarket customers across various industries and government agencies.

Understand Hyster-Yale Materials Handling, Inc.: how it makes money

Hyster-Yale makes and sells lift trucks, attachments, and aftermarket parts (and provides related services) to Hyster and Yale retail dealerships, and it also supplies aftermarket parts for competitor lift trucks through dealer channels.

Profit and future sales visibility depend on how well the company turns customer demand into booked orders and then into shipments, with Remaining Performance Obligations indicating the backlog that can convert into future lift truck and aftermarket revenue.

Business quality (Weak): The company provides several demand and backlog indicators (Remaining Performance Obligations, book to bill, bookings, and units shipped), but the latest quarter also shows an operating loss, and a non cash goodwill impairment charge for the JPEG segment, which can cloud period to period comparability.

Bull case

  • Backlog is sizable: Remaining Performance Obligations are 3.1 USD_B, which supports visibility into future demand conversion.
  • Demand is present: The Book to Bill Ratio is 100.0 percent, and Dollar Value Factory Booking is 0.37 USD_B.
  • Product volumes are tracked: Units Booked are 16700.0 and Units Shipped are 23600.0, showing the company is moving hardware through its order to shipment cycle.

Bear case

  • Loss-making quarter: Operating margin is -3.5 percent for the latest reported quarter.
  • Impairment charges can pressure results: There is a Non-Cash Goodwill Impairment Charge for JPEG Segment of 0.06 USD_B, which can reflect underlying weakness in that area.
  • Segment losses and limited visibility into certain lines: JPEG Segment Adjusted Operating Loss is 0.0 USD_B in the provided inputs, and Nuvera and Newvera revenues are 0.0 USD_B.
Valuation — source: SEC EDGAR (first-party)
Price$33.13
Market Cap$590.50M
Price / Book1.36
Price / Sales0.16
FCF Yield4.7%
DCF Value (model)$74.05
DCF Upside vs Price123.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.77B
Net Margin-1.6%
Revenue Growth (YoY)-12.7%
EPS Growth (YoY)-449.0%
FCF Growth (YoY)-9.1%
Financial Health — source: SEC EDGAR
Altman Z-Score2.46 (grey)
Piotroski F-Score3/9 (weak)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)21.6
Industry P/E (Automobiles & Trucks)18.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($29.54M)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEORajiv K. Prasad
Employees8,500
CountryUS
IPO Date2012-10-01

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

  • Astec Industries, Inc. (ASTE)
  • Douglas Dynamics, Inc. (PLOW)
  • Flowco Holdings Inc. (FLOC)
  • Forum Energy Technologies, Inc. (FET)
  • Oil States International, Inc. (OIS)
  • The Manitowoc Company, Inc. (MTW)
  • Columbus McKinnon Corporation (CMCO)
  • Gencor Industries, Inc. (GENC)
HY earnings history · HY institutional & insider holders · HY KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.