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| 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% |