Hyster-Yale (HY) Tax Rate (2011 - 2025)
Hyster-Yale (HY) recorded Tax Rate of -34.91% in Q2 2026, down 33.40 percentage points from -1.52% a year earlier and down 40.52 percentage points from the prior quarter.
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Analysis
Hyster-Yale (HY) Tax Rate (2011 - 2025) Analysis & Trends
On a TTM basis, Hyster-Yale's Tax Rate came in at -12.87% as of Jun 30, 2026, down 70.14 percentage points year-over-year; for FY2025, it was -35.20%, down 69.35 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -43.97 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 34.16% in FY2024 (+4.93 pp), 29.23% in FY2023 (+43.97 pp), -14.74% in FY2022 (+3.53 pp) and -18.27% in FY2021 (-27.04 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q3 2021.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -15.03 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 46.98 percentage points in Q4 2022, against a drop of 2385.78 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.61% (Q1 2026), -23.15% (Q4 2025) and 63.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Hyster-Yale | 563.63 Mn | 579.73 Mn | 127.60 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 48.21% |
| Dec 31, 2024 | 55.42% |
| Sep 30, 2024 | 36.65% |
| Jun 30, 2024 | 29.00% |
| Mar 31, 2024 | 32.64% |
| Dec 31, 2023 | 38.37% |
| Sep 30, 2023 | 30.80% |
| Jun 30, 2023 | 23.62% |
| Mar 31, 2023 | 24.23% |
| Dec 31, 2022 | 39.69% |
| Mar 31, 2021 | 28.24% |
| Dec 31, 2020 | 8.33% |
| Sep 30, 2020 | 10.94% |
| Mar 31, 2020 | 20.81% |
| Dec 31, 2019 | 12.82% |
| Sep 30, 2019 | 27.22% |
| Jun 30, 2019 | 20.66% |
| Mar 31, 2019 | 31.91% |
| Jun 30, 2018 | 40.00% |
| Mar 31, 2018 | 24.75% |
API Access
Hyster-Yale Tax Rate 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=tax-rate&ticker=HY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();