HY
Hyster-Yale Materials Handling, Inc.
HY lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
HY Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Under pressure | |
| Weak |
HY's revenue, profitability, cash flow and balance sheet are all currently under pressure.
HY PE Valuation
HY has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 49x next year's earnings.
HY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect HY to return to profit, with revenue growing. However, they disagree widely on these estimates.
HY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.57 | — |
| Q3 2026 | -$7.26 | -6150% |
| Q2 2026 | -$6.56 | -638% |
| Q1 2026 | -$5.59 | -200% |
| Q4 2025 | -$3.40 | -142% |
| Q3 2025 | $0.12 | -99% |
| Q2 2025 | $1.22 | -88% |
| Q1 2025 | $5.59 | -35% |
| Q4 2024 | $8.04 | +11% |
HY has swung to a loss: it lost $7.26 per share over the past year, after a profit the year before.
HY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $827.4M | -15% |
| Q2 2026 | $812.9M | -15% |
| Q1 2026 | $795.2M | -13% |
| Q4 2025 | $923.2M | -14% |
| Q3 2025 | $979.1M | -3.6% |
| Q2 2025 | $956.6M | -18% |
| Q1 2025 | $910.4M | -14% |
| Q4 2024 | $1.1B | +3.9% |
HY's revenue has slid since its 2024 peak: $827M last quarter, down 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1.1% | -1.3 points |
| Q2 2026 | -2.3% | -1.4 points |
| Q1 2026 | -3.5% | -5.9 points |
| Q4 2025 | -4% | -7.1 points |
| Q3 2025 | 0.2% | -3 points |
| Q2 2025 | -0.9% | -9.1 points |
| Q1 2025 | 2.3% | -5.6 points |
| Q4 2024 | 3% | -1.7 points |
HY's operating margin was −1.1% last quarter, down 1.3 points from the same quarter a year ago.
HY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $12.5M | -45% |
| Q2 2026 | $2M | -87% |
| Q1 2026 | -$42.7M | +$4.3M |
| Q4 2025 | $32.9M | -48% |
| Q3 2025 | $22.6M | -62% |
| Q2 2025 | $15.1M | +$29.8M |
| Q1 2025 | -$47M | -415% |
| Q4 2024 | $62.8M | +116% |
HY still generates free cash flow, though less than at its 2020 peak: $5M over the past year.
HY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +15K shares |
| 1 year | +1.2% | +210K shares |
| 3 years | +3% | +514K shares |
| 5 years | +6.6% | +1.1M shares |
| Available history | +7.2% | +1.2M shares |
HY has 18M diluted shares, up 1.2% from a year ago, despite $10M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $700,000 |
| Q4 2025 | $9M |
| Q3 2025 | $100,000 |
| Q2 2025 | $100,000 |
| Q1 2025 | $4.5M |
| Q4 2024 | $23.1M |
HY spent $10M buying back its own shares over the past year, down 65% from the year before.
HY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 15.7x | High |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.2x | Healthy |
| Q3 2024 | 1.0x | Healthy |
| Q2 2024 | 1.0x | Very low |
| Q1 2024 | 1.2x | Healthy |
HY's net debt is about 16 years of its operating earnings (EBITDA), up from 1.2 years a year ago.
HY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.0 | Neutral |
| Stochastic | 10.4 | Oversold |
HY's weekly RSI is 37 (neutral) and its Stochastic is 10 (oversold).
HY PE vs Industrials Sector
| Metric | HY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
HY has no meaningful PE right now: it lost money over the past year.
HY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.7 | 6% below |
| 20 week MA | $32.2 | 13% below |
| 50 week MA | $33.9 | 18% below |
| 100 week MA | $37.6 | 26% below |
| 200 week MA | $46.5 | 40% below |
HY is in a downtrend: it's below all five of its weekly moving averages, and 40% below its 200-week average.
HY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $58.4 | $58.2 | -0.3% |
| 2021 | $58.2 | $41.6 | -29% |
| 2022 | $41.6 | $25.8 | -38% |
| 2023 | $25.8 | $62.2 | +141% |
| 2024 | $62.2 | $50.2 | -19% |
| 2025 | $50.2 | $31.0 | -38% |
| 2026 YTD | $31.0 | $27.9 | -9.9% |
HY has finished lower in five of the last six years. It's down 9.9% so far in 2026.