HY
Hyster-Yale Materials Handling, Inc.
HY's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over HY overall, supported by stronger fundamentals and stronger valuation.
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.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
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.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x 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.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
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.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over HY on earnings quality, reporting a profit while its opponent remains loss making.
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.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over HY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over HY on profitability, with a higher operating margin.
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.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over HY on cash flow, with more consistent year-over-year improvement.
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.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over HY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
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.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
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).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
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.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
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.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over HY on trend strength, trading above more of its moving averages.
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.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over HY on returns for 2026, with the stronger performance.