Hyster-Yale (HY) Gross Margin (2011 - 2026)
Hyster-Yale (HY) posted Gross Margin of 15.00% for Q3 2026, down 0.92 percentage points from 15.92% a year earlier and down 0.70 percentage points from the prior quarter.
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Analysis
Hyster-Yale (HY) Gross Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Hyster-Yale was 15.11%, down 3.02 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 nine quarters, with an average year-over-year change of -2.92 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 15.70% (Q2 2026), 15.69% (Q1 2026) and 14.19% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 35.54% |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 39.26% |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 52.68% |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 38.11% |
| 10 | Hyster-Yale | 486.09 Mn | 166.59 Mn | 124.10 Mn | 15.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.00% |
| 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% |
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();