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. The company designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts.

TypePublic
Founded1989
HQMayfield Heights, OH, US
Websitehyster-yale.com
Employee Ratings4
Overall CultureB

Latest Updates

Employees (est.) (Jan 2020)7,900(+2%)
Revenue (FY, 2020)$2.8 B(-14%)
Share Price (Mar 2021)$88.8 (+4%)
Cybersecurity ratingDMore

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 19 other locations
Mayfield Heights, OH, US (HQ)
5875 Landerbrook Dr #300
Berea, KY, US
2200 Menelaus Rd
Charlotte, NC, US
440 E Westinghouse Blvd
Danville, IL, US
1010 E Fairchild St
Greenville, NC, US
1400 Sullivan Dr #5619
Greenville, NC, US
5200 M.L.K. Jr Hwy
Show all (25)

Hyster-Yale Financials and Metrics

Hyster-Yale Revenue

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Hyster-Yale's revenue was reported to be $2.81 b in FY, 2020
USD

Revenue (FY, 2020)

2.8b

Gross profit (FY, 2020)

465.4m

Gross profit margin (FY, 2020), %

16.5%

Net income (FY, 2020)

38.5m

EBIT (FY, 2020)

49.9m

Market capitalization (1-Mar-2021)

1.5b

Closing stock price (1-Mar-2021)

88.8

Cash (31-Dec-2020)

151.4m

EV

1.6b
Hyster-Yale's current market capitalization is $1.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.9b3.2b3.3b2.8b

Revenue growth, %

10%4%

Cost of goods sold

2.4b2.7b2.8b2.3b

Gross profit

502.6m497.1m541.8m465.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

788.2m765.6m782.9m834.8m856.2m766.0m785.7m654.4m652.4m

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%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

220.1m83.7m64.6m151.4m

Accounts Receivable

453.0m465.5m468.3m412.1m

Prepaid Expenses

56.8m

Inventories

411.9m533.6m559.9m509.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

228.1m152.4m121.9m55.7m50.3m62.8m50.4m60.5m89.9m

Accounts Receivable

469.5m424.7m463.6m485.4m530.8m454.6m472.0m408.2m398.1m

Prepaid Expenses

53.1m

Inventories

428.0m467.1m506.4m588.9m285.6m591.8m555.8m521.4m490.3m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

48.9m34.3m36.6m38.5m

Depreciation and Amortization

42.8m50.6m43.3m42.9m

Inventories

(43.6m)(125.4m)(37.9m)66.6m

Accounts Payable

125.1m23.3m1.9m4.3m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

14.9m20.6m35.5m3.2m20.1m33.2m15.6m19.6m25.3m

Depreciation and Amortization

11.4m20.8m32.4m11.2m22.0m32.3m10.4m20.8m31.8m

Inventories

(13.1m)(48.2m)(87.4m)(58.9m)(66.9m)(73.6m)(11.5m)30.9m71.1m

Accounts Payable

26.3m18.7m35.7m46.5m15.8m(18.3m)22.0m(58.2m)(44.7m)
USDFY, 2017

Revenue/Employee

443.9k

Debt/Equity

1.7 x

Debt/Assets

0.6 x

Financial Leverage

2.9 x
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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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

Hyster-Yale Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Hyster-Yale Online and Social Media Presence

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Hyster-Yale Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    83/100

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Hyster-Yale News and Updates

Hyster-Yale Materials Handling, Inc. Announces Appointment Of Rajiv Prasad As President

CLEVELAND, Feb. 18, 2021 /PRNewswire/ -- The Board of Directors of Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that Rajiv Prasad, President and Chief Executive Officer of the Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., has been appointed...

Hyster-Yale Materials Handling, Inc. Announces Dates of 2020 Fourth Quarter and Full Year Earnings Release and Conference Call

CLEVELAND, Feb. 16, 2021 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) will release its 2020 Fourth Quarter and Full Year financial results and will file its 2020 Annual Report on Form 10-K after the close of the market on Wednesday, February 24, 2021. In conjunction with...

Hyster-Yale Group and Capacity Trucks Partner to Develop Sustainable Terminal Tractor Solutions with Initial Prototypes Expected to be Available for Market Testing in 2021

Dublin, Dec. 17, 2020 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com published a new article on the material handling equipment industry "Hyster-Yale Group and Capacity Trucks Partner to Develop Sustainable Terminal Tractor Solutions"

Hyster-Yale Materials Handling, Inc. To Participate In Bank Of America 2020 Leveraged Finance Virtual Conference

CLEVELAND, Nov. 19, 2020 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced today that its management will participate in the Bank of America 2020 Leveraged Finance Virtual Conference on Tuesday, December 1, 2020. The presentation is scheduled to start on Tuesday at...

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...

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…
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Hyster-Yale Frequently Asked Questions

  • When was Hyster-Yale founded?

    Hyster-Yale was founded in 1989.

  • 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 $2.8 b.

  • What is Hyster-Yale revenue per employee?

    Latest Hyster-Yale revenue per employee is $356 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 19 other locations.

  • How many offices does Hyster-Yale have?

    Hyster-Yale has 25 offices.