Hyster-Yale (HY) Return on Capital Employed [ROCE] (2012 - 2026)
Hyster-Yale's Return on Capital Employed [ROCE] was -10.36% in Q3 2026, down 14.96 percentage points from 4.60% a year earlier and down 1.74 percentage points from the prior quarter.
Hyster-Yale (HY) Return on Capital Employed [ROCE] (2012 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Hyster-Yale came in at -2.16%, down 26.73 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -6.71 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 24.57% in FY2024 (-0.45 pp), 25.02% in FY2023 (+30.99 pp), -5.97% in FY2022 (+12.83 pp) and -18.80% in FY2021 (-23.34 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] since Q3 2022.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for eight straight quarters, with an average year-over-year change of -17.24 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2023 (a gain of 47.19 percentage points); the worst was Q2 2022 (a drop of 29.72 percentage points).
- Per Business Quant data, HY's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was -8.62% (Q2 2026), -7.17% (Q1 2026) and -2.13% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 22.25% |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 25.53% |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | - |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 12.64% |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 17.64% |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 18.67% |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 15.15% |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 38.87% |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 31.72% |
| 10 | Hyster-Yale | 486.09 Mn | 166.59 Mn | 124.10 Mn | -10.36% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -10.36% |
| Jun 30, 2026 | -8.62% |
| Mar 31, 2026 | -7.17% |
| Dec 31, 2025 | -2.13% |
| Sep 30, 2025 | 4.60% |
| Jun 30, 2025 | 7.64% |
| Mar 31, 2025 | 18.44% |
| Dec 31, 2024 | 23.47% |
| Sep 30, 2024 | 26.24% |
| Jun 30, 2024 | 30.32% |
| Mar 31, 2024 | 28.46% |
| Dec 31, 2023 | 24.63% |
| Sep 30, 2023 | 22.99% |
| Jun 30, 2023 | 13.13% |
| Mar 31, 2023 | 3.22% |
| Dec 31, 2022 | -6.14% |
| Sep 30, 2022 | -24.20% |
| Jun 30, 2022 | -26.91% |
| Mar 31, 2022 | -22.24% |
| Dec 31, 2021 | -17.19% |
Hyster-Yale Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=HY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=HY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();