Hyster-Yale (HY) Gross Margin (2011 - 2026)
Hyster-Yale's (HY) quarterly Gross Margin came in at 15.7% in Q2 2026, down 189.0% on a YoY basis from 17.64% in Q2 2025, and little changed quarter-over-quarter from 15.69% in Q1 2026.
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Hyster-Yale (HY) Gross Margin (2011 - 2026) Analysis & Trends
Hyster-Yale (HY) has reported Gross Margin for 16 consecutive years, with 15.7% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 189.0% year-over-year to 15.7%; the trailing twelve-month figure through Jun 2026 stood at 15.36% (down 353.0% YoY), and the FY2025 full-year result was 16.79%, down 400.0% from the prior year.
- Gross Margin was little changed at 15.7% in Q2 2026 per HY's latest filing, from 15.69% in the prior quarter.
- Across five years, Gross Margin topped out at 22.31% in Q1 2024 and bottomed at 10.34% in Q3 2022.
- Historically, Gross Margin has averaged 17.02% across 5 years, with a median of 17.52% in 2025.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 999 bps in 2023, then tumbled 526 bps in 2025.
- Over 5 years, Gross Margin stood at 14.89% in 2022, then jumped by 37 bps to 20.41% in 2023, then retreated by 5 bps to 19.45% in 2024, then dropped by 27 bps to 14.19% in 2025, then climbed by 11 bps to 15.7% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 15.7%, 15.69%, and 14.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 41.28% |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 44.13% |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 35.95% |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 49.46% |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 63.29% |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 40.21% |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 55.49% |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 63.39% |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 47.70% |
| 10 | Hyster-Yale | 609.81 Mn | 609.81 Mn | 127.60 Mn | 15.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.70% |
| Mar 31, 2026 | 15.69% |
| Dec 31, 2025 | 14.19% |
| Sep 30, 2025 | 15.92% |
| Jun 30, 2025 | 17.58% |
| Mar 31, 2025 | 19.52% |
| Dec 31, 2024 | 19.45% |
| Sep 30, 2024 | 18.98% |
| Jun 30, 2024 | 22.20% |
| Mar 31, 2024 | 22.31% |
| Dec 31, 2023 | 20.41% |
| Sep 30, 2023 | 20.34% |
| Jun 30, 2023 | 18.15% |
| Mar 31, 2023 | 17.45% |
| Dec 31, 2022 | 14.89% |
| Sep 30, 2022 | 10.34% |
| Jun 30, 2022 | 11.07% |
| Mar 31, 2022 | 12.23% |
| Dec 31, 2021 | 7.65% |
| Sep 30, 2021 | 8.70% |