Hyster-Yale (HY) Asset Utilization Ratio (2012 - 2026)
Hyster-Yale (HY) reported Asset Utilization Ratio of 1.84 for Q1 2026, down 9.87% on a YoY basis from 2.04 in Q1 2025, and down 0.56% quarter-over-quarter from 1.85 in Q4 2025.
Hyster-Yale (HY) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Hyster-Yale has reported Asset Utilization Ratio for 15 years, with the latest figure at 1.84 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 9.87% year-over-year to 1.84; the trailing twelve-month figure through Mar 2026 stood at 1.84 (down 9.87% YoY), and the FY2025 full-year result was 1.86, down 11.24% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.84, down from 1.85 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 2.05 in Q4 2024, with the low at 1.57 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 1.87 across 5 years, with a median of 1.89 in 2025.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio increased 16.01% — and 2025, when it fell 9.93%.
- Hyster-Yale's Asset Utilization Ratio stood at 1.79 in 2022, then increased by 11.2% to 1.99 in 2023, then grew by 2.88% to 2.05 in 2024, then decreased by 9.93% to 1.85 in 2025, then declined by 0.56% to 1.84 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.84 (Q1 2026), 1.85 (Q4 2025), and 1.89 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 0.73 |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 0.45 |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | 0.63 |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 1.04 |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | 0.73 |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 2.24 |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 0.98 |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 0.76 |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 1.06 |
| 10 | Hyster-Yale | 613.93 Mn | 618.23 Mn | 124.80 Mn | 1.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.84 |
| Dec 31, 2025 | 1.85 |
| Sep 30, 2025 | 1.89 |
| Jun 30, 2025 | 1.91 |
| Mar 31, 2025 | 2.04 |
| Dec 31, 2024 | 2.05 |
| Sep 30, 2024 | 1.99 |
| Jun 30, 2024 | 2.01 |
| Mar 31, 2024 | 1.99 |
| Dec 31, 2023 | 1.99 |
| Sep 30, 2023 | 1.96 |
| Jun 30, 2023 | 1.86 |
| Mar 31, 2023 | 1.80 |
| Dec 31, 2022 | 1.79 |
| Sep 30, 2022 | 1.70 |
| Jun 30, 2022 | 1.61 |
| Mar 31, 2022 | 1.57 |
| Dec 31, 2021 | 1.55 |
| Sep 30, 2021 | 1.48 |
| Jun 30, 2021 | 1.48 |