Hyster-Yale (HY) Asset Utilization Ratio (2012 - 2026)
Hyster-Yale's (HY) Asset Utilization Ratio was 1.81 for Q2 2026, down 5.6% from 1.91 a year earlier and down 1.6% from the prior quarter.
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Analysis
Hyster-Yale (HY) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Hyster-Yale was 1.86, down 11.2% from FY2024.
- By year, Asset Utilization Ratio came in at 2.10 in FY2024 (+4.5%), 2.01 in FY2023 (+13.0%), 1.78 in FY2022 (+10.6%) and 1.61 in FY2021 (+5.9%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q1 2023.
- Year over year, Asset Utilization Ratio has now declined in each of the last five quarters, with an average decline of 3.5% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q4 2022 (growth of 16.0%); the low point was Q3 2021 (a decline of 12.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.84 (Q1 2026), 1.85 (Q4 2025) and 1.89 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.01 |
| 10 | Hyster-Yale | 563.63 Mn | 579.73 Mn | 127.60 Mn | 1.81 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.81 |
| 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 |
API Access
Hyster-Yale Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();