Hyster-Yale (HY) Net Margin (2011 - 2026)
Hyster-Yale's Net Margin was -1.80% in Q3 2026, down 1.57 percentage points from -0.23% a year earlier but up 2.09 percentage points from the prior quarter.
Hyster-Yale (HY) Net Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hyster-Yale's Net Margin was -3.86% through Sep 30, 2026, down 3.92 percentage points year-over-year; for FY2025, it came in at -1.59%, down 4.90 percentage points from FY2024.
- Net Margin shows a five-year change of -2.91 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 3.30% in FY2024 (+0.25 pp), 3.06% in FY2023 (+5.15 pp), -2.09% in FY2022 (+3.54 pp) and -5.62% in FY2021 (-6.94 pp).
- Quarterly Net Margin has moved between -12.45% (Q4 2021) and 5.42% (Q2 2024) over five years.
- Compared with a year earlier, Net Margin has declined for nine straight quarters, with an average year-over-year change of -3.71 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2022 (a gain of 13.22 percentage points); the worst was Q4 2021 (a drop of 14.27 percentage points).
- Per Business Quant data, HY's Net Margin in the three quarters before Q3 2026 was -3.89% (Q2 2026), -3.84% (Q1 2026) and -5.69% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 15.89% |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 19.89% |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 10.92% |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 12.05% |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 14.75% |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 20.85% |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 14.30% |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 20.18% |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 17.73% |
| 10 | Hyster-Yale | 486.09 Mn | 166.59 Mn | 124.10 Mn | -1.80% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.80% |
| Jun 30, 2026 | -3.89% |
| Mar 31, 2026 | -3.84% |
| Dec 31, 2025 | -5.69% |
| Sep 30, 2025 | -0.23% |
| Jun 30, 2025 | -1.45% |
| Mar 31, 2025 | 0.94% |
| Dec 31, 2024 | 0.96% |
| Sep 30, 2024 | 1.69% |
| Jun 30, 2024 | 5.42% |
| Mar 31, 2024 | 4.87% |
| Dec 31, 2023 | 2.45% |
| Sep 30, 2023 | 3.58% |
| Jun 30, 2023 | 3.51% |
| Mar 31, 2023 | 2.66% |
| Dec 31, 2022 | 0.77% |
| Sep 30, 2022 | -4.44% |
| Jun 30, 2022 | -2.17% |
| Mar 31, 2022 | -3.02% |
| Dec 31, 2021 | -12.45% |
Hyster-Yale Net 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=net-margin&ticker=HY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=HY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();