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
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%