Hyster-Yale (HY) Gross Margin (2011 - 2026)
Hyster-Yale (HY) posted Gross Margin of 15.69% for Q1 2026, up 10.6% on a QoQ basis from 14.19% in Q4 2025, and down 382.0% year-over-year from 5.57% in Q1 2025.
Hyster-Yale (HY) Gross Margin (2011 - 2026) Analysis & Trends
Hyster-Yale's Gross Margin history runs 16 years deep, the most recent figure standing at 15.69% for Q1 2026.
- Quarterly Gross Margin fell 382.0% year-over-year to 15.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.87% (down 425.0% YoY) and the FY2025 annual result came in at 16.79%, down 400.0% from the prior year.
- Gross Margin was 15.69% for Q1 2026 at Hyster-Yale, up from 14.19% 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.
- A 5-year average of 17.1% and a median of 17.58% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 999 bps — and 2025, when it sank 526 bps.
- Hyster-Yale's 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 gained by 11 bps to 15.69% in 2026.
- Business Quant data shows HY's Gross Margin at 15.69% in Q1 2026, 14.19% in Q4 2025, and 15.92% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Greenpower Motor | 1,097.89 Bn | 1,097.89 Bn | 1.26 Mn | - |
| 2 | Caterpillar | 404.21 Bn | 400.13 Bn | 6.11 Bn | 35.08% |
| 3 | Deere | 168.70 Bn | 160.79 Bn | 13.06 Bn | 97.71% |
| 4 | Paccar | 70.10 Bn | 69.22 Bn | 1.36 Bn | 20.07% |
| 5 | CNH Industrial | 13.78 Bn | 12.17 Bn | 1.22 Bn | 31.91% |
| 6 | Oshkosh | 9.70 Bn | 9.45 Bn | 311.90 Mn | 13.46% |
| 7 | Agco | 8.70 Bn | 8.18 Bn | 581.40 Mn | 24.82% |
| 8 | Terex | 6.66 Bn | 6.27 Bn | 206.00 Mn | 11.88% |
| 9 | Blue Bird | 2.40 Bn | 2.12 Bn | 70.65 Mn | 20.03% |
| 10 | Hyster-Yale | 596.20 Mn | 596.20 Mn | 124.80 Mn | 15.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 15.20% |