📊 HY Key Takeaways
Is HY a Good Investment? Thesis Analysis
Hyster-Yale is experiencing fundamental profitability deterioration with revenue contracting 12.5% YoY, negative operating margins (-0.6%), and inability to cover interest expenses from operations. While positive free cash flow provides near-term resilience, persistent operating losses and negative shareholder returns (ROE -12.7%, ROA -3.0%) signal severe value destruction.
Why Buy HY? Key Strengths
- Positive operating cash flow ($86.1M) and free cash flow ($23.6M) despite operating losses indicates underlying cash generation capability
- Adequate current ratio (1.34x) and cash balance ($123.2M) provide sufficient near-term liquidity buffer
- Gross margin of 16.8% demonstrates reasonable unit-level economics before operating expenses
HY Investment Risks to Consider
- Operating losses with negative operating margin (-0.6%) and inability to service debt from operations (interest coverage -0.7x) creates refinancing risk
- Significant revenue decline (-12.5% YoY) in cyclical industrial equipment sector suggests demand weakness or competitive market share loss
- Negative return metrics (ROE -12.7%, ROA -3.0%) demonstrate persistent shareholder value destruction and inefficient asset deployment
Key Metrics to Watch
- Revenue stabilization and path to positive growth
- Operating margin trajectory toward breakeven and profitability
- Free cash flow sustainability as indicator of ongoing cash burn risk
HY Financial Metrics
💡 AI Analyst Insight
The relatively thin 0.6% FCF margin may limit capital allocation flexibility.
HY Profitability Ratios
HY vs Industrial Sector
How HYSTER-YALE, INC. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is HY Overvalued or Undervalued?
Based on fundamental analysis, HYSTER-YALE, INC. shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
HY Balance Sheet & Liquidity
HY 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: HYSTER-YALE, INC.'s revenue has grown significantly by 31% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.24 reflects profitable operations.
HY Growth Metrics (YoY)
HY Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | N/A | -$2.3M | $-0.13 |
| Q2 2025 | N/A | -$5.3M | $-0.30 |
| Q1 2025 | N/A | $8.6M | $0.48 |
| Q3 2024 | N/A | $17.2M | $0.97 |
| Q2 2024 | N/A | $38.3M | $2.21 |
| Q1 2024 | N/A | $26.6M | $1.55 |
| Q3 2023 | N/A | -$25.0M | $-1.48 |
| Q2 2023 | N/A | -$19.4M | $-1.15 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
HY Capital Allocation
HY SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for HYSTER-YALE, INC. (CIK: 0001173514)
📋 Recent SEC Filings
❓ Frequently Asked Questions about HY
What is the AI rating for HY?
HYSTER-YALE, INC. (HY) has an AI rating of STRONG SELL with 82% confidence, based on fundamental analysis of SEC EDGAR filings.
What are HY's key strengths?
Claude: Positive operating cash flow ($86.1M) and free cash flow ($23.6M) despite operating losses indicates underlying cash generation capability. Adequate current ratio (1.34x) and cash balance ($123.2M) provide sufficient near-term liquidity buffer.
What are the risks of investing in HY?
Claude: Operating losses with negative operating margin (-0.6%) and inability to service debt from operations (interest coverage -0.7x) creates refinancing risk. Significant revenue decline (-12.5% YoY) in cyclical industrial equipment sector suggests demand weakness or competitive market share loss.
What is HY's revenue and growth?
HYSTER-YALE, INC. reported revenue of $3.8B.
Does HY pay dividends?
HYSTER-YALE, INC. pays dividends, with $25.4M distributed to shareholders in the trailing twelve months.
Where can I find HY SEC filings?
Official SEC filings for HYSTER-YALE, INC. (CIK: 0001173514) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is HY's EPS?
HYSTER-YALE, INC. has a diluted EPS of $-3.40.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is HY a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, HYSTER-YALE, INC. has a STRONG SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is HY stock overvalued or undervalued?
Valuation metrics for HY: ROE of -12.7% (sector avg: 15%), net margin of -1.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy HY stock in 2026?
Our dual AI analysis gives HYSTER-YALE, INC. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is HY's free cash flow?
HYSTER-YALE, INC.'s operating cash flow is $86.1M, with capital expenditures of $62.5M. FCF margin is 0.6%.
How does HY compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -1.6% (avg: 10%), ROE -12.7% (avg: 15%), current ratio 1.34 (avg: 1.8).