Hyster-Yale (HY) Tax Rate (2011 - 2025)
Hyster-Yale (HY) recorded Tax Rate of 48.21% in Q1 2025, up 15.57 percentage points from 32.64% a year earlier but down 7.20 percentage points from the prior quarter.
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Analysis
Hyster-Yale (HY) Tax Rate (2011 - 2025) Analysis & Trends
For FY2024, Hyster-Yale reported Tax Rate of 34.16%, up 4.93 percentage points from FY2023.
- Annual Tax Rate has a five-year change of +10.56 percentage points (FY2019 to FY2024).
- Across earlier years, Tax Rate came in at 29.23% in FY2023 and 8.77% in FY2020 (-14.82 pp).
- Quarterly Tax Rate has ranged from 8.33% in Q4 2020 to 55.42% in Q4 2024 over the past five years.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +8.49 percentage points over the last six quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 17.05 percentage points in Q4 2024, against a drop of 16.28 percentage points in Q3 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 55.42% (Q4 2024), 36.65% (Q3 2024) and 29.00% (Q2 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 23.15% |
| 10 | Hyster-Yale | 486.09 Mn | 166.59 Mn | 124.10 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();