# Hyster-Yale Inc. (HY) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $35.75, market value $641 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Hyster-Yale Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.6×**. The shares trade at 1.6× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 2.3%** (5-yr avg -3.3%). Free cash flow equals 2.3% of the market value, above its five-year average of -3.3%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 14.3%**. Hyster-Yale Inc. keeps 14.3% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -2.2%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -1.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -12.7%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -5.4%**. Return on all capital, debt included, is -5.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -5.8%**. Each dollar of assets produces -5.8% of profit.

## Growth
- **Revenue growth (1 yr): -12.5%** (3-yr 2.0%/yr, 5-yr 6.0%/yr). Revenue fell 12.5% over the last year, against 6.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -142.3%**. Earnings per share fell 142.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 26.0%/yr**. Free cash flow has compounded at 26.0% a year over three years.

## Financial health
- **Debt to equity: 1.52**. Debt is 1.52 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Current ratio: 1.34** (quick 1.34). Current assets cover the next year's liabilities 1.34 times.
- **Altman Z-score: 2.61**. A Z-score of 2.61 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 4.06%** ($1.45 per share, trailing). Hyster-Yale Inc. yields 4.06%, an income-level yield.
- **Consecutive years of increases: 14**. 14 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 2.4%/yr** (1-yr 4.0%). The dividend has grown 2.4% a year over five years.

## Price and momentum
- **Total return (1 yr): -0.6%** (YTD 22.7%, 3-mo 3.7%). The shares are down 0.6% over twelve months including dividends.
- **From 52-week high: -13.4%** (35.4% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 57**. An RSI of 57 is neutral.
- **Beta (1 yr): 1.59** (volatility 51%). Beta of 1.59 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HY · Page: https://foliofundamentals.com/stocks/hy

Not investment advice.