Hyster-Yale, Inc. (HY)

Hyster-Yale Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,951	4,308	4,118	3,548	3,076	2,812
Revenue Growth (YoY)	-7.11%	4.61%	16.06%	15.37%	9.37%	-14.57%
Cost of Revenue	3,204	3,413	3,333	3,114	2,712	2,347
Gross Profit	746.4	895.5	785.6	433.9	363.4	465.4
Selling, General & Admin	634.6	631.6	579.8	477.8	455.5	420.3
Operating Expenses	634.6	631.6	579.8	477.8	455.5	420.3
Operating Income	111.8	263.9	205.8	-43.9	-92.1	45.1
Interest Expense	-31.7	-33.8	-37.3	-28.4	-15.5	-13.7
Earnings From Equity Investments	8	5.5	9.8	11	11.7	6.6
Other Non Operating Income (Expenses)	6.1	6	2.2	-0.1	2.1	4.7
EBT Excluding Unusual Items	94.2	241.6	180.5	-61.4	-93.8	42.7
Merger & Restructuring Charges	-38.5	-22.6	-	-	-	-
Impairment of Goodwill	-	-	-	-	-55.6	-
Gain (Loss) on Sale of Investments	-	-	0.5	-1	4.4	-0.5
Gain (Loss) on Sale of Assets	-	-	-	-	0.1	-
Asset Writedown	-	-	-	-	-10	-
Pretax Income	55.7	219	181	-62.4	-154.9	42.2
Income Tax Expense	31.9	74.8	52.9	9.2	28.3	3.7
Earnings From Continuing Operations	23.8	144.2	128.1	-71.6	-183.2	38.5
Minority Interest in Earnings	-1.6	-1.9	-2.2	-2.5	10.2	-1.4
Net Income	22.2	142.3	125.9	-74.1	-173	37.1
Net Income to Common	22.2	142.3	125.9	-74.1	-173	37.1
Net Income Growth	-87.37%	13.03%	-	-	-	3.63%
Shares Outstanding (Basic)	18	17	17	17	17	17
Shares Outstanding (Diluted)	18	18	17	17	17	17
Shares Change (YoY)	0.78%	1.87%	2.86%	0.49%	0.11%	0.44%
EPS (Basic)	1.26	8.16	7.35	-4.38	-10.29	2.21
EPS (Diluted)	1.26	8.04	7.24	-4.38	-10.29	2.21
EPS Growth	-87.39%	11.05%	-	-	-	3.27%
Free Cash Flow	90.8	122.9	115.3	11.8	-297.8	115.2
Free Cash Flow Per Share	5.13	6.94	6.63	0.70	-17.71	6.86
Dividend Per Share	1.410	1.375	1.298	1.290	1.285	1.270
Dividend Growth	6.42%	5.97%	0.58%	0.39%	1.18%	0.59%
Gross Margin	18.89%	20.79%	19.08%	12.23%	11.82%	16.55%
Operating Margin	2.83%	6.13%	5.00%	-1.24%	-2.99%	1.60%
Profit Margin	0.56%	3.30%	3.06%	-2.09%	-5.63%	1.32%
Free Cash Flow Margin	2.30%	2.85%	2.80%	0.33%	-9.68%	4.10%
EBITDA	158.1	311.5	250.9	-0.5	-45.9	88
EBITDA Margin	4.00%	7.23%	6.09%	-0.01%	-1.49%	3.13%
D&A For EBITDA	46.3	47.6	45.1	43.4	46.2	42.9
EBIT	111.8	263.9	205.8	-43.9	-92.1	45.1
EBIT Margin	2.83%	6.13%	5.00%	-1.24%	-2.99%	1.60%
Effective Tax Rate	57.27%	34.16%	29.23%	-	-	8.77%
Advertising Expenses	-	11.7	10.6	8.6	9	7.6

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q