Employees: 7,500
Size Hyster-Yale (HY) is a United States Industrials company (Industrial Machinery) with a market value of $509M, the 2684th largest of 3,117 United States companies the cockpit tracks. Shares closed at $28.41 on 6 Nov 2026.
Performance Over six months the shares fell 23.7%, against -23.0% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 11.1% over the last twelve months (peer median +4.3%); the operating margin is -1.4% (peer median 4.2%).
Valuation It trades at 0.3× enterprise value to sales against a peer median of 2.4× (cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +26 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 14.1 points below its cost of capital (9.5% WACC).
Short interest Short interest is 4.9% of the free float (15 Oct 2026).
Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.51B | $3.77B | $4.31B | $4.12B | $3.55B |
| Revenue growth | — | -13% | +5% | +16% | — |
| Gross profit | $545M | $634M | $938M | $827M | $501M |
| EBITDA | -$5.00M | $63.3M | $358M | $297M | $74.6M |
| Net income | -$117M | -$60.1M | $142M | $126M | -$74.1M |
| Free cash flow | $14.8M | $23.6M | $123M | $115M | $11.8M |
| Capital expenditure | $62.6M | $62.5M | $47.8M | $35.4M | $28.8M |
| Total debt | $500M | $642M | $542M | $572M | $613M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HY | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.6% | -7.2% | 10th lowest of 21 |
| 6-month return | -23.7% | -23.0% | 11th highest of 21 |
| Distance from 52-week high | -31.2% | -40.3% | 6th highest of 21 |
| Revenue growth (TTM) | -11.1% | +4.3% | 3rd lowest of 21 |
| Operating margin | -1.4% | 4.2% | 6th lowest of 21 |
| EV / Sales | 0.3× | 2.4× | cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 32.0% | 10.9% | most demanding of 14 |
| Growth delivered (Del g) | +6.0% | +5.5% | 7th highest of 14 |
| Hurdle (Req g minus delivered) | +26.0 pp | +5.9 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | -14.1 pp | -3.6 pp | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hyster-Yale HY | United States | $509M | -24% | -11% | -1% | 0.3× | 32.0% | +6.0% |
| Daiwa 6459.T | Japan | $507M | -19% | 0% | 15% | 0.4× | n/a | n/a |
| Sinko Industries 6458.T | Japan | $507M | -8% | +2% | 15% | 1.3× | -1.4% | +8.7% |
| Nederman NMAN.ST | Sweden | $512M | +22% | -6% | 8% | 1.3× | 4.4% | +9.5% |
| Shenzhen Jasic Technology 300193.SZ | China | $506M | -17% | +21% | 14% | 1.4× | -0.1% | +4.5% |
| IQE IQE.L | United Kingdom | $514M | -39% | +20% | -11% | 3.4× | n/a | n/a |
| Hefei Taihe Intelligent Technology 603656.SS | China | $505M | -6% | +15% | 5% | 4.5× | 30.5% | +5.5% |
| Wuxi Chemical Equipment 001332.SZ | China | $517M | -50% | -10% | 11% | 1.9× | 10.2% | +7.3% |
| Zhejiang Galaxis Technology 2729.HK | Hong Kong | $518M | -74% | +26% | -4% | 3.6× | n/a | n/a |
| Zhejiang Fengmao Technology 301459.SZ | China | $500M | -13% | +4% | 8% | 3.9× | n/a | n/a |
| Beijing SinoHytec 2402.HK | Hong Kong | $519M | -56% | +82% | -204% | 10.7× | n/a | n/a |
| Genbyte Technology 003028.SZ | China | $499M | -16% | +10% | 1% | 1.9× | -15.9% | +6.6% |
| BGRIMM Technology 600980.SS | China | $499M | -25% | +13% | 11% | 2.0× | 12.9% | +19.1% |
| Wuxi Xuelang Environmental Technology 300385.SZ | China | $499M | -38% | -23% | -47% | 10.5× | 9.5% | -22.0% |
| Sunyes Manufacturing (Zhejiang) 002388.SZ | China | $499M | +32% | 0% | 2% | 2.1× | 25.0% | -1.1% |
| Suzhou Thvow Technology 002564.SZ | China | $521M | -33% | -9% | 4% | 3.0× | 27.5% | -19.9% |
| Shandong Shuangyi Technology 300690.SZ | China | $521M | -26% | +15% | 15% | 2.5× | 10.9% | -6.3% |
| Guangdong Jinma Entertainment 300756.SZ | China | $521M | -59% | -8% | 0% | 5.0× | n/a | n/a |
| Zhejiang Jindun Fans 300411.SZ | China | $496M | -21% | -25% | -14% | 8.9× | 10.9% | -14.0% |
| MH Robot & Automation 301199.SZ | China | $496M | -18% | +5% | 6% | 2.2× | 15.5% | +9.5% |
| HNAC Technology 300490.SZ | China | $525M | -57% | +79% | 0% | 1.2× | n/a | n/a |