Hyster-Yale (HY) Interest Coverage Ratio (2011 - 2026)
Hyster-Yale's (HY) quarterly Interest Coverage Ratio came in at 2.36 in Q2 2026, down 119.25% on a YoY basis from 12.26 in Q2 2025, and up 39.34% quarter-over-quarter from 3.89 in Q1 2026.
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Hyster-Yale (HY) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Hyster-Yale (HY) has reported Interest Coverage Ratio for 16 consecutive years, with 2.36 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 119.25% year-over-year to 2.36; the trailing twelve-month figure through Jun 2026 stood at 2.66 (down 207.7% YoY), and the FY2025 full-year result was 0.71, down 109.78% from the prior year.
- Interest Coverage Ratio grew to 2.36 in Q2 2026 per HY's latest filing, from 3.89 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.86 in Q2 2024 and bottomed at 4.89 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 1.92 across 5 years, with a median of 2.43 in 2022.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 424.1% in 2022, then jumped 371.97% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 2.08 in 2022, then surged by 156.77% to 5.35 in 2023, then decreased by 21.62% to 4.19 in 2024, then plunged by 216.69% to 4.89 in 2025, then jumped by 51.81% to 2.36 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.36, 3.89, and 4.89 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 14.52 |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 17.55 |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 14.58 |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 19.04 |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 13.48 |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 10.71 |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 5.93 |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 13.94 |
| 10 | Hyster-Yale | 609.81 Mn | 609.81 Mn | 127.60 Mn | -2.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.36 |
| Mar 31, 2026 | -3.89 |
| Dec 31, 2025 | -4.89 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | -1.08 |
| Mar 31, 2025 | 2.77 |
| Dec 31, 2024 | 4.19 |
| Sep 30, 2024 | 3.94 |
| Jun 30, 2024 | 10.86 |
| Mar 31, 2024 | 9.42 |
| Dec 31, 2023 | 5.35 |
| Sep 30, 2023 | 6.10 |
| Jun 30, 2023 | 7.00 |
| Mar 31, 2023 | 4.18 |
| Dec 31, 2022 | 2.08 |
| Sep 30, 2022 | -3.23 |
| Jun 30, 2022 | -2.57 |
| Mar 31, 2022 | -3.59 |
| Dec 31, 2021 | -22.29 |
| Sep 30, 2021 | -13.24 |