Hyster-Yale (HY) Return on Invested Capital [ROIC] (2012 - 2026)
Hyster-Yale (HY) reported Return on Invested Capital [ROIC] of -10.58% for Q3 2026, down 11.46 percentage points from 0.87% a year earlier and down 1.71 percentage points from the prior quarter.
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Analysis
Hyster-Yale (HY) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Hyster-Yale posted Return on Invested Capital [ROIC] of -2.09%, down 18.37 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -6.60 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 16.27% in FY2024 (-0.25 pp), 16.53% in FY2023 (+20.89 pp), -4.37% in FY2022 (+10.43 pp) and -14.80% in FY2021 (-19.30 pp).
- The Q3 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since Q3 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last eight quarters, with an average year-over-year change of -12.81 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2023 (a gain of 38.57 percentage points); the low point was Q2 2022 (a drop of 27.12 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -8.87% (Q2 2026), -7.02% (Q1 2026) and -2.10% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 16.80% |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 18.53% |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 5.47% |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 10.72% |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 13.34% |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 22.04% |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 11.23% |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 27.11% |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 26.27% |
| 10 | Hyster-Yale | 486.09 Mn | 166.59 Mn | 124.10 Mn | -10.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -10.58% |
| Jun 30, 2026 | -8.87% |
| Mar 31, 2026 | -7.02% |
| Dec 31, 2025 | -2.10% |
| Sep 30, 2025 | 0.87% |
| Jun 30, 2025 | 3.31% |
| Mar 31, 2025 | 11.51% |
| Dec 31, 2024 | 15.97% |
| Sep 30, 2024 | 17.81% |
| Jun 30, 2024 | 21.00% |
| Mar 31, 2024 | 18.54% |
| Dec 31, 2023 | 16.58% |
| Sep 30, 2023 | 15.76% |
| Jun 30, 2023 | 6.45% |
| Mar 31, 2023 | 2.66% |
| Dec 31, 2022 | -5.25% |
| Sep 30, 2022 | -22.81% |
| Jun 30, 2022 | -24.13% |
| Mar 31, 2022 | -19.33% |
| Dec 31, 2021 | -15.99% |
API Access
Hyster-Yale Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=HY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=HY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();