Hyster-Yale (HY) Operating Margin (2011 - 2026)
Hyster-Yale (HY) posted Operating Margin of 3.52% for Q1 2026, up 12.62% on a QoQ basis from 4.03% in Q4 2025, and down 586.0% year-over-year from 0.72% in Q1 2025.
Hyster-Yale (HY) Operating Margin (2011 - 2026) Analysis & Trends
Hyster-Yale's Operating Margin history runs 16 years deep, the most recent figure standing at 3.52% for Q1 2026.
- Quarterly Operating Margin fell 586.0% year-over-year to 3.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.95% (down 633.0% YoY) and the FY2025 annual result came in at 0.59%, down 627.0% from the prior year.
- Operating Margin was 3.52% for Q1 2026 at Hyster-Yale, up from 4.03% in the prior quarter.
- Across five years, Operating Margin topped out at 8.18% in Q2 2024 and bottomed at 4.03% in Q4 2025.
- A 5-year average of 1.87% and a median of 2.34% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 1491 bps — and 2025, when it slumped 907 bps.
- Hyster-Yale's Operating Margin stood at 2.01% in 2022, then surged by 136 bps to 4.74% in 2023, then sank by 36 bps to 3.03% in 2024, then slumped by 233 bps to 4.03% in 2025, then advanced by 13 bps to 3.52% in 2026.
- Business Quant data shows HY's Operating Margin at 3.52% in Q1 2026, 4.03% in Q4 2025, and 0.23% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Greenpower Motor | 1,097.89 Bn | 1,097.89 Bn | 1.26 Mn | - |
| 2 | Caterpillar | 404.21 Bn | 400.13 Bn | 6.11 Bn | 17.71% |
| 3 | Deere | 168.70 Bn | 160.79 Bn | 13.06 Bn | 1.88% |
| 4 | Paccar | 70.10 Bn | 69.22 Bn | 1.36 Bn | -63.36% |
| 5 | CNH Industrial | 13.78 Bn | 12.17 Bn | 1.22 Bn | 13.59% |
| 6 | Oshkosh | 9.70 Bn | 9.45 Bn | 311.90 Mn | 3.54% |
| 7 | Agco | 8.70 Bn | 8.18 Bn | 581.40 Mn | 3.44% |
| 8 | Terex | 6.66 Bn | 6.27 Bn | 206.00 Mn | -4.73% |
| 9 | Blue Bird | 2.40 Bn | 2.12 Bn | 70.65 Mn | 11.09% |
| 10 | Hyster-Yale | 596.20 Mn | 596.20 Mn | 124.80 Mn | -3.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.52% |
| Dec 31, 2025 | -4.03% |
| Sep 30, 2025 | 0.23% |
| Jun 30, 2025 | -0.89% |
| Mar 31, 2025 | 2.34% |
| Dec 31, 2024 | 3.03% |
| Sep 30, 2024 | 3.26% |
| Jun 30, 2024 | 8.18% |
| Mar 31, 2024 | 7.93% |
| Dec 31, 2023 | 4.74% |
| Sep 30, 2023 | 5.85% |
| Jun 30, 2023 | 5.39% |
| Mar 31, 2023 | 4.26% |
| Dec 31, 2022 | 2.01% |
| Sep 30, 2022 | -2.96% |
| Jun 30, 2022 | -1.75% |
| Mar 31, 2022 | -2.21% |
| Dec 31, 2021 | -12.90% |
| Sep 30, 2021 | -7.26% |
| Jun 30, 2021 | 0.77% |