Hyster-Yale (HY) Gross Margin (2011 - 2026)

Hyster-Yale (HY) reported Gross Margin of 15.69% for Q1 2026, down 382.0% on a YoY basis from 5.57% in Q1 2025, and up 10.6% quarter-over-quarter from 14.19% in Q4 2025.

Hyster-Yale (HY) Gross Margin (2011 - 2026) Analysis & Trends

Hyster-Yale has reported Gross Margin for 16 years, with the latest figure at 15.69% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 382.0% year-over-year to 15.69%; the trailing twelve-month figure through Mar 2026 stood at 15.87% (down 425.0% YoY), and the FY2025 full-year result was 16.79%, down 400.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 15.69%, up from 14.19% in the prior quarter.
  • The five-year high for Gross Margin was 22.31% in Q1 2024, with the low at 10.34% in Q3 2022.
  • Historically, Gross Margin has averaged 17.1% across 5 years, with a median of 17.58% in 2025.
  • Annual changes were most pronounced in 2023 — Gross Margin jumped 999 bps — and 2025, when it slumped 526 bps.
  • Hyster-Yale's Gross Margin stood at 14.89% in 2022, then surged by 37 bps to 20.41% in 2023, then declined by 5 bps to 19.45% in 2024, then decreased by 27 bps to 14.19% in 2025, then increased by 11 bps to 15.69% in 2026.
  • The last three Gross Margin figures came in at 15.69% (Q1 2026), 14.19% (Q4 2025), and 15.92% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caterpillar 424.10 Bn 420.03 Bn 6.11 Bn 35.08%
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 97.71%
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn 20.07%
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn 13.46%
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn 11.88%
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn 20.03%
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn 25.12%
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 27.38%
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn 25.01%
10 Hyster-Yale 619.64 Mn 623.94 Mn 124.80 Mn 15.69%

Historic Data

Download Data
DateValue
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%