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Hyster-Yale

OverviewSuggest Edit

Hyster-Yale is a full-line lift truck manufacturer offering an array of solutions aimed at meeting the specific materials handling needs of customers’ applications. It designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts marketed globally primarily under the Hyster and Yale brand names.

TypePublic
Founded1999
HQMayfield Heights, USMap
Websitehyster-yale.com
Employee Ratings4More
View Jobs (5)

Recent NewsAll News

Latest Updates

Employees (est.) (Jan 2020)7,900(+2%)
Job Openings5
Revenue (FY, 2019)$3.3 B(+4%)
Share Price (Oct 2020)$43.5 (+3%)
Cybersecurity ratingFMore

Key People/Management at Hyster-Yale

Rajiv K. Prasad

Rajiv K. Prasad

President and Chief Executive Officer
Anthony J. Salgado

Anthony J. Salgado

Chief Operating Officer
Gregory J. Breier

Gregory J. Breier

Vice President, Tax
Kenneth C. Schilling

Kenneth C. Schilling

Senior Vice President and Chief Financial Officer
Brian K. Frentzko

Brian K. Frentzko

Vice President, Treasurer
Patrice G. Groisiller

Patrice G. Groisiller

Vice President, Product Platforms
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Hyster-Yale Office Locations

Hyster-Yale has offices in Mayfield Heights, Berea, Charlotte, Danville and in 22 other locations
Mayfield Heights, US (HQ)
5875 Landerbrook Dr #300
Berea, US
2200 Menelaus Rd
Charlotte, US
440 E Westinghouse Blvd
Danville, US
1010 E Fairchild St
Fairview, US
4000 NE Blue Lake Rd
Greenville, US
1400 Sullivan Dr
Show all (28)

Hyster-Yale Financials and Metrics

Hyster-Yale Revenue

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Hyster-Yale's revenue was reported to be $3.29 b in FY, 2019 which is a 3.7% increase from the previous period.
USD

Revenue (Q2, 2020)

654.4m

Gross profit (Q2, 2020)

103.6m

Gross profit margin (Q2, 2020), %

15.8%

Net income (Q2, 2020)

4.0m

EBIT (Q2, 2020)

8.7m

Market capitalization (15-Oct-2020)

729.8m

Closing stock price (15-Oct-2020)

43.5

Cash (30-Jun-2020)

60.5m

EV

1.0b
Hyster-Yale's current market capitalization is $729.8 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

2.9b3.2b3.3b

Revenue growth, %

10%4%

Cost of goods sold

2.4b2.7b2.8b

Gross profit

502.6m497.1m541.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

788.2m765.6m782.9m834.8m856.2m766.0m785.7m654.4m

Cost of goods sold

656.1m639.4m665.0m708.6m716.8m631.0m649.0m550.8m

Gross profit

132.1m126.2m117.9m126.2m139.4m135.0m136.7m103.6m

Gross profit Margin, %

17%16%15%15%16%18%17%16%
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

220.1m83.7m64.6m

Accounts Receivable

453.0m465.5m468.3m

Inventories

411.9m533.6m559.9m

Current Assets

1.1b1.1b1.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

228.1m152.4m121.9m55.7m50.3m62.8m50.4m60.5m

Accounts Receivable

469.5m424.7m463.6m485.4m530.8m454.6m472.0m408.2m

Inventories

428.0m467.1m506.4m588.9m285.6m591.8m555.8m521.4m

Current Assets

1.2b1.1b1.1b1.2b1.2b1.2b1.2b1.0b
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

48.9m34.3m36.6m

Depreciation and Amortization

42.8m50.6m43.3m

Inventories

(43.6m)(125.4m)(37.9m)

Accounts Payable

125.1m23.3m1.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

14.9m20.6m35.5m3.2m20.1m33.2m15.6m19.6m

Depreciation and Amortization

11.4m20.8m32.4m11.2m22.0m32.3m10.4m20.8m

Inventories

(13.1m)(48.2m)(87.4m)(58.9m)(66.9m)(73.6m)(11.5m)30.9m

Accounts Payable

26.3m18.7m35.7m46.5m15.8m(18.3m)22.0m(58.2m)
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USDFY, 2017

EV/EBIT

28.2 x

EV/CFO

13 x

Revenue/Employee

443.9k

Debt/Equity

1.7 x

Debt/Assets

0.6 x

Financial Leverage

2.9 x

P/E Ratio

28.9
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Hyster-Yale Operating Metrics

Hyster-Yale's Backlog was reported to be $1.1b in FY, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Backlog

$860 m$1.09 b$1.19 b$1.13 b$1.07 b

Backlog, units

33.80 k36.10 k41.70 k42.30 k43.90 k40.20 k44.10 k43.40 k41.20 k37.30 k31.50 k

Facilities Leased (Other)

3 2 2

Facilities Owned (Other)

6 5 5
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Hyster-Yale Acquisitions / Subsidiaries

Company NameDateDeal Size
Maximal Forklift (Zhejiang) Co., Ltd.December 06, 2017$90 m
Nuvera Fuel Cells, LLC.December 18, 2014
Auramo OY
Auramo ZA
Bolzoni Auramo AB
Bolzoni Auramo B.V.
Bolzoni Auramo Canada Ltd.
Bolzoni Auramo Inc.
Bolzoni Auramo Polska SP Zoo
Bolzoni Auramo Pty Ltd.
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Hyster-Yale Cybersecurity Score

Cybersecurity ratingPremium dataset

F

57/100

Learn more about about our premium products
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Hyster-Yale Revenue Breakdown

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Hyster-Yale revenue breakdown by business segment: 39.6% from Direct Customer Sales, 37.4% from Aftermarket Sales and 23.0% from Other

Hyster-Yale revenue breakdown by geographic segment: 14.5% from EMEA, 41.0% from Americas, 36.4% from Dealer Sales and 8.1% from Other

Hyster-Yale Online and Social Media Presence

Hyster-Yale's Trends

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Hyster-Yale News and Updates

September 16, 2020

Hyster-Yale Materials Handling, Inc. To Participate In Sidoti Virtual Investor Conference

CLEVELAND, Sept. 16, 2020 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that it will participate in a fireside chat at the Sidoti Fall 2020 Investor Conference on Thursday, September 24, 2020. The event is scheduled to start at 9:15 am ET and will be...
August 12, 2020

Hyster-Yale Materials Handling Declares Quarterly Dividend

Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced that the Board of Directors declared a regular cash dividend of 31.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 15, 2020 to stockholders of record at the close of b…
August 04, 2020

Hyster-Yale Materials Handling Announces Second Quarter 2020 Results

Q2 2020 market levels down significantly from prior periods in Company's primary markets Q2 2020 consolidated revenues decreased 23.6% from Q2 2019 due to the impact of the global COVID-19 shutdowns, lower bookings and resulting lower shipments Q2 2020 consolidated operating profit decreased to $8…
July 28, 2020

Hyster-Yale Materials Handling, Inc. Announces Dates Of 2020 Second Quarter Earnings Release And Conference Call

CLEVELAND, July 28, 2020 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release 2020 Second Quarter financial results and will file its 2020 Second Quarter 10-Q after the close of the market on Tuesday, August 4, 2020. In conjunction with this release, the Company...
May 20, 2020

Hyster-Yale Materials Handling Declares Quarterly Dividend

Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced that the Board of Directors declared a regular cash dividend of 31.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 16, 2020 to stockholders of record at the close of busin…
May 05, 2020

Hyster-Yale Materials Handling Announces First Quarter 2020 Results

Q1 2020 consolidated revenues decreased 5.9% from Q1 2019 due to lower market volumes, primarily in Europe and China, and to the impact of COVID-19 Q1 2020 consolidated operating profit increased to $20.2 million, up from $3.4 million in Q1 2019 Q1 2020 net income of $15.3 million, or $0.91 per sh…
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 Hyster-Yale Frequently Asked Questions

  • When was Hyster-Yale founded?

    Hyster-Yale was founded in 1999.

  • Who are Hyster-Yale key executives?

    Hyster-Yale's key executives are Rajiv K. Prasad, Anthony J. Salgado and Gregory J. Breier.

  • How many employees does Hyster-Yale have?

    Hyster-Yale has 7,900 employees.

  • What is Hyster-Yale revenue?

    Latest Hyster-Yale annual revenue is $3.3 b.

  • What is Hyster-Yale revenue per employee?

    Latest Hyster-Yale revenue per employee is $416.7 k.

  • Who are Hyster-Yale competitors?

    Competitors of Hyster-Yale include Calumet Lift Truck, Rightline Equipment and Wiggins Lift.

  • Where is Hyster-Yale headquarters?

    Hyster-Yale headquarters is located at 5875 Landerbrook Dr #300, Mayfield Heights.

  • Where are Hyster-Yale offices?

    Hyster-Yale has offices in Mayfield Heights, Berea, Charlotte, Danville and in 22 other locations.

  • How many offices does Hyster-Yale have?

    Hyster-Yale has 28 offices.