Hyster-Yale (HY) Gross Margin (2011 - 2026)
Hyster-Yale's (HY) quarterly Gross Margin came in at 15.69% in Q1 2026, down 382.0% YoY from 5.57% in Q1 2025, and up 10.6% on a QoQ basis from 14.19% in Q4 2025.
Hyster-Yale (HY) Gross Margin (2011 - 2026) Analysis & Trends
Hyster-Yale (HY) has 16 years of Gross Margin data on file, last reported at 15.69% in 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 rose to 15.69% in Q1 2026, from 14.19% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 22.31% in Q1 2024 to a low of 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 slumped 526 bps.
- Tracing HY's Gross Margin over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 378.24 Bn | 371.52 Bn | 7.76 Bn | 37.78% |
| 2 | Deere | 165.41 Bn | 157.50 Bn | 13.06 Bn | 97.71% |
| 3 | Paccar | 68.23 Bn | 59.56 Bn | 1.56 Bn | 20.64% |
| 4 | CNH Industrial | 13.53 Bn | 11.66 Bn | 1.41 Bn | 29.29% |
| 5 | Oshkosh | 9.63 Bn | 9.23 Bn | 480.30 Mn | 16.48% |
| 6 | Terex | 7.40 Bn | 6.99 Bn | 444.00 Mn | 19.84% |
| 7 | Agco | 7.26 Bn | 6.69 Bn | 645.90 Mn | 24.75% |
| 8 | Blue Bird | 2.13 Bn | 2.01 Bn | 103.37 Mn | 19.99% |
| 9 | Alamo | 1.97 Bn | 1.77 Bn | 110.86 Mn | 24.59% |
| 10 | Hyster-Yale | 597.54 Mn | 597.54 Mn | 127.60 Mn | 15.70% |
Historic Data
Download 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% |