Earnings summaries and quarterly performance for HYSTER-YALE.
Executive leadership at HYSTER-YALE.
Rajiv K. Prasad
Detailed
President and Chief Executive Officer
CEO
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Alfred M. Rankin, Jr.
Detailed
Executive Chairman
AJ
Anthony J. Salgado
Detailed
President and Chief Executive Officer, HYMH
CF
Charles F. Pascarelli
Detailed
Senior Vice President, President, Americas - HYMH
SA
Scott A. Minder
Detailed
Senior Vice President, Chief Financial Officer and Treasurer
SS
Suzanne Schulze Taylor
Detailed
Senior Vice President, General Counsel and Secretary
Board of directors at HYSTER-YALE.
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Ann A. O'Hara
Detailed
Director
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Britton T. Taplin
Detailed
Director
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Carolyn Corvi
Detailed
Director
CR
Claiborne R. Rankin
Detailed
Director
CR
Colleen R. Batcheler
Detailed
Director
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David B.H. Williams
Detailed
Director
DW
Dennis W. LaBarre
Detailed
Director
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Edward T. Eliopoulos
Detailed
Director
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Gary L. Collar
Detailed
Director
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H. Vincent Poor
Detailed
Director
JB
J.C. Butler, Jr.
Detailed
Director
JB
James B. Bemowski
Detailed
Director
JP
John P. Jumper
Detailed
Director
Research analysts who have asked questions during HYSTER-YALE earnings calls.
EJ
Edward Jackson
Northland Securities, Inc.
5 questions for HY
Also covers: ALNT, ALTG, AMPX +8 more
Brian Sponheimer
Gabelli Funds
2 questions for HY
Also covers: ASTE, GTX, HRI +3 more
Eric Ballantine
CVC Credit Partners
2 questions for HY
KL
Kirk Ludtke
Imperial Capital, LLC
2 questions for HY
Also covers: CPS, CXW, EAF +2 more
TJ
Ted Jackson
Northland Securities, Inc.
2 questions for HY
Also covers: ALTG, CNH, HYLN +5 more
AM
Alfred Moore
C.L. King & Associates
1 question for HY
Also covers: AMPX, CMT, DFLI +5 more
EB
Eric Ballantyne
CBC
1 question for HY
Recent press releases and 8-K filings for HY.
HYSTER-YALE, INC. Announces Cost Reduction Actions and Workforce Reduction
HY
Layoffs
Demand Weakening
- HYSTER-YALE, INC. announced a restructuring plan on November 19, 2025, in response to challenging market conditions and low industry volumes, particularly in the industrial segment.
- This plan, approved on November 13, 2025, includes a global workforce reduction of approximately 575 employees.
- The company expects a one-time pre-tax charge of approximately $21 million in Q4 2025 for severance and related benefits.
- These actions are projected to generate roughly $40 to $45 million in annualized cost savings beginning in Q1 2026, aiming for enhanced profitability when industry volumes recover, likely in mid-2026.
Nov 19, 2025, 9:45 PM
Hyster-Yale Announces Cost Reduction Actions
HY
Layoffs
Demand Weakening
Guidance Update
- Hyster-Yale, Inc. announced a restructuring plan on November 19, 2025, to optimize its cost structures and reduce its break-even point, aligning with current low industry volumes.
- This plan includes a reduction of approximately 575 employees across global manufacturing and staff functions.
- The company expects a one-time pre-tax charge of approximately $21 million in Q4 2025 due to these actions.
- The restructuring is anticipated to generate roughly $40 to $45 million in annualized cost savings beginning in Q1 2026.
Nov 19, 2025, 9:43 PM
Hyster-Yale Reports Declining Q3 2025 Revenue and Backlog, Projects Q4 Operating Loss
HY
Earnings
Guidance Update
Demand Weakening
- Hyster-Yale's Q3 2025 lift truck revenues were $929 million, reflecting a 4% decline compared to the prior year, primarily due to lower truck volumes.
- The company's backlog stood at $1.35 billion at the end of Q3 2025, down from $1.65 billion in Q2 2025, as shipments outpaced new bookings.
- Q3 2025 operating profit for lift trucks declined by $27 million year-over-year, largely due to lower truck volumes and $40 million in direct tariff costs, with less than half of these costs offset by pricing actions.
- For Q4 2025, Hyster-Yale anticipates a decline in revenue compared to Q3 and projects a moderate operating loss, attributing this to lower production rates and persistent tariff headwinds.
- The company is investing in streamlining its U.S. manufacturing footprint, with $2.4 million invested year-to-date and an additional $3 million planned for Q4 2025, expected to deliver $30 million to $40 million in annualized savings by 2027.
Nov 5, 2025, 4:00 PM
Hyster-Yale Announces Q3 2025 Results and Q4 Outlook
HY
Earnings
Demand Weakening
Guidance Update
- Hyster-Yale reported Q3 2025 revenues of $979 million, a 4% decrease compared to the prior year, resulting in an adjusted operating profit of $3 million and an adjusted net loss of $2 million.
- The company attributed the financial decline primarily to reduced market demand coupled with tariff-driven cost increases.
- Despite the financial performance, Hyster-Yale maintained solid liquidity with $275 million in unused borrowing capacity and experienced a 15% increase in unit bookings value to $380 million compared to Q2 2025.
- For Q4 2025, the company anticipates lower revenue compared to Q3 2025 and expects a moderate operating loss, citing higher tariffs as a source of cost and market demand uncertainty for the 2026 performance outlook.
Nov 5, 2025, 4:00 PM
Hyster-Yale Reports Q3 2025 Financial Results with Revenue Decline and Net Loss
HY
Earnings
Guidance Update
Demand Weakening
- Hyster-Yale reported Q3 2025 consolidated revenues of $979 million, representing a 4% decrease compared to the prior year, and a net loss of $2.3 million.
- The company's adjusted operating profit for Q3 2025 was $3.3 million, which was significantly below the prior year's results, primarily due to reduced market demand, economic uncertainty, and higher tariffs.
- Despite the financial performance, Hyster-Yale maintains solid liquidity with $275 million in unused borrowing capacity and reported an improvement in bookings, with unit bookings value increasing 15% to $380 million compared to Q2 2025, contributing to a $1.4 billion unit value backlog.
- For Q4 2025, the company anticipates lower revenue compared to Q3 2025 and expects a moderate operating loss for the consolidated entity, with cash flow from operations projected to be well below 2024 levels.
Nov 4, 2025, 9:53 PM
HYSTER-YALE, INC. Reports Q3 2025 Financial Results
HY
Earnings
Demand Weakening
Profit Warning
- HYSTER-YALE, INC. reported consolidated revenues of $979.1 million for Q3 2025, marking a 3.6% decrease year-over-year.
- The company experienced a net loss attributable to stockholders of $2.3 million in Q3 2025, a significant decline from the $17.2 million net income reported in Q3 2024.
- Operating profit for Q3 2025 was $2.3 million, down from $33.1 million in Q3 2024.
- Restructuring and impairment charges in Q3 2025 amounted to $1.0 million.
Nov 4, 2025, 9:53 PM
Hyster-Yale Announces Third Quarter 2025 Results
HY
Earnings
Demand Weakening
Guidance Update
- Hyster-Yale reported Q3 2025 consolidated revenues of $979 million, a 4% decline year-over-year, and a 93% year-over-year decrease in operating profit to $2.3 million, resulting in a diluted loss per share of $(0.13).
- The significant decline in operating profit was primarily driven by higher tariff costs of approximately $40 million and lower truck volumes across all product lines, reflecting ongoing economic uncertainty.
- Operating cash flow improved sequentially to $37 million in Q3 2025 due to increased inventory efficiency, and the company modestly reduced debt, though financial leverage increased due to lower earnings.
- While unit bookings improved sequentially to $380 million, the backlog decreased to $1.35 billion at the end of Q3 2025 as shipments outpaced new bookings, and the company anticipates further backlog degradation and a moderate operating loss in Q4 2025.
Nov 4, 2025, 9:51 PM
Hyster-Yale announces Third Quarter 2025 results
HY
Earnings
Guidance Update
Demand Weakening
- Hyster-Yale reported consolidated revenues of $979.1 million for Q3 2025, marking a 4% decline year-over-year but a 2% sequential increase.
- The company's profitability significantly decreased, with operating profit falling 93% year-over-year to $2.3 million and a net loss of $2.3 million (diluted EPS of $(0.13)) in Q3 2025.
- This decline was primarily attributed to higher tariffs, including new steel import tariffs amounting to approximately $40 million in Q3 2025, and lower truck volumes due to ongoing economic uncertainty.
- Operating cash flow improved sequentially to $37 million in Q3 2025, driven by increased inventory efficiency.
- Hyster-Yale anticipates a moderate operating loss in Q4 2025, with tariff costs projected to be consistent with Q3 2025 levels.
Nov 4, 2025, 9:46 PM
Quarterly earnings call transcripts for HYSTER-YALE.
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