Hyster-Yale (HY) Gross Margin (2011 - 2026)
Hyster-Yale (HY) posted Gross Margin of 15.70% for Q2 2026, down 1.89 percentage points from 17.58% a year earlier and unchanged from the prior quarter.
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Analysis
Hyster-Yale (HY) Gross Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Hyster-Yale was 15.36%, down 3.53 percentage points year-over-year; for FY2025, it was 16.79%, down 4.00 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +0.24 percentage points (FY2020 to FY2025).
- In prior years, Hyster-Yale's Gross Margin was 20.79% in FY2024 (+1.71 pp), 19.08% in FY2023 (+6.85 pp), 12.23% in FY2022 (+0.41 pp) and 11.82% in FY2021 (-4.73 pp).
- Quarterly Gross Margin has run from a low of 7.65% in Q4 2021 to a high of 22.31% in Q1 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last eight quarters, with an average year-over-year change of -2.97 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 9.99 percentage points; the weakest was Q4 2021, with a drop of 9.26 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 15.69% (Q1 2026), 14.19% (Q4 2025) and 15.92% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Hyster-Yale | 563.63 Mn | 579.73 Mn | 127.60 Mn | 15.70% |
Historic Data
Download Data
Historic 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% |
API Access
Hyster-Yale Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();