Hyster-Yale Materials Handling Inc. (HY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5875 LANDERBROOK DRIVE CLEVELAND, OH 44124 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3537 - Industrial Trucks, Tractors, Trailers, and Stackers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 66,500 | 62,200 | 78,800 | 78,200 | 65,700 | 64,600 | |||
| Cash and cash equivalents | 66,500 | 62,200 | 78,800 | 78,200 | 65,700 | 64,600 | |||
| Receivables | 578,700 | 520,500 | 497,500 | 512,000 | 582,100 | 535,900 | |||
| Inventory, net of allowances, customer advances and progress billings | 790,700 | 841,900 | 815,700 | 815,400 | 820,100 | 854,700 | |||
| Inventory | 790,700 | 841,900 | 815,700 | 815,400 | 820,100 | 854,700 | |||
| Other undisclosed current assets | 93,400 | 101,400 | 98,100 | 95,300 | 84,400 | 88,400 | |||
| Total current assets: | 1,529,300 | 1,526,000 | 1,490,100 | 1,500,900 | 1,552,300 | 1,543,600 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 311,000 | 311,900 | 313,900 | 298,700 | 300,000 | 304,200 | |||
| Long-term investments and receivables | 52,600 | 52,100 | 56,800 | 54,200 | 52,000 | 55,700 | |||
| Long-term investments | 52,600 | 52,100 | 56,800 | 54,200 | 52,000 | 55,700 | |||
| Intangible assets, net (including goodwill) | 87,500 | 89,300 | 92,600 | 90,800 | 93,500 | 95,000 | |||
| Goodwill | 51,600 | 52,000 | 53,300 | 51,000 | 52,200 | 52,300 | |||
| Intangible assets, net (excluding goodwill) | 35,900 | 37,300 | 39,300 | 39,800 | 41,300 | 42,700 | |||
| Deferred income tax assets | 2,700 | 3,000 | 3,000 | 2,600 | 2,900 | 2,600 | |||
| Other noncurrent assets | 132,800 | 136,100 | 122,700 | 105,900 | 109,200 | 98,200 | |||
| Total noncurrent assets: | 586,600 | 592,400 | 589,000 | 552,200 | 557,600 | 555,700 | |||
| TOTAL ASSETS: | 2,115,900 | 2,118,400 | 2,079,100 | 2,053,100 | 2,109,900 | 2,099,300 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 573,700 | 617,500 | 610,900 | 610,500 | 635,800 | 651,100 | |||
| Accounts payable | 506,700 | 565,900 | 523,500 | 540,200 | 576,900 | 607,800 | |||
| Accrued liabilities | 67,000 | 51,600 | 87,400 | 70,300 | 58,900 | 43,300 | |||
| Deferred revenue | 66,200 | 71,100 | 77,900 | 99,100 | 120,300 | 126,800 | |||
| Debt | 145,100 | 165,300 | 252,700 | 165,100 | 156,200 | 159,700 | |||
| Other liabilities | 271,500 | 290,100 | 270,400 | 313,000 | 308,800 | 288,300 | |||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 19,800 | ||
| Other undisclosed current liabilities | 115,100 | 76,700 | 6,700 | 111,700 | 150,200 | 139,500 | |||
| Total current liabilities: | 1,171,600 | 1,220,700 | 1,218,600 | 1,299,400 | 1,371,300 | 1,385,200 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 248,500 | 239,700 | 241,300 | 243,200 | 252,200 | 261,400 | |||
| Finance lease, liability | 13,600 | ||||||||
| Other undisclosed long-term debt and lease obligation | 248,500 | 239,700 | 227,700 | 243,200 | 252,200 | 261,400 | |||
| Liabilities, other than long-term debt | 213,700 | 228,700 | 212,400 | 189,900 | 180,200 | 180,400 | |||
| Deferred income tax liabilities | 11,700 | 12,300 | 12,700 | 11,700 | 12,200 | 13,300 | |||
| Liability, pension and other postretirement and postemployment benefits | 4,600 | 4,700 | 5,200 | 5,900 | 6,000 | 6,100 | |||
| Other liabilities | 161,100 | 165,800 | 143,400 | 130,700 | 127,200 | 127,200 | |||
| Self insurance reserve | 36,300 | 45,900 | 51,100 | 41,600 | 34,800 | 33,800 | |||
| Total noncurrent liabilities: | 462,200 | 468,400 | 453,700 | 433,100 | 432,400 | 441,800 | |||
| Total liabilities: | 1,633,800 | 1,689,100 | 1,672,300 | 1,732,500 | 1,803,700 | 1,827,000 | |||
| Temporary equity, carrying amount | 14,200 | 14,900 | 14,800 | 14,400 | 13,900 | 14,700 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 465,700 | 412,100 | 389,900 | 304,400 | 290,500 | 255,500 | |||
| Treasury stock, value | (9,100) | (9,100) | (100) | (100) | |||||
| Additional paid in capital | 345,100 | 336,900 | 327,700 | 312,400 | 309,300 | 303,400 | |||
| Accumulated other comprehensive loss | (229,800) | (218,000) | (194,300) | (244,900) | (225,400) | (221,700) | |||
| Retained earnings | 359,300 | 302,100 | 256,300 | 236,700 | 206,500 | 173,700 | |||
| Other undisclosed equity, attributable to parent | 200 | 200 | 200 | 200 | 200 | 200 | |||
| Equity, attributable to noncontrolling interest | 2,200 | 2,300 | 2,100 | 1,800 | 1,800 | 2,100 | |||
| Total equity: | 467,900 | 414,400 | 392,000 | 306,200 | 292,300 | 257,600 | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 2,115,900 | 2,118,400 | 2,079,100 | 2,053,100 | 2,109,900 | 2,099,300 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,168,100 | 1,056,500 | 1,027,200 | 1,001,200 | 1,090,600 | 999,300 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (908,800) | (820,800) | (817,500) | (797,600) | (892,700) | (824,900) | ||
| Gross profit: | 259,300 | 235,700 | 209,700 | 203,600 | 197,900 | 174,400 | ||
| Operating expenses | (163,700) | (151,900) | (161,000) | (145,000) | (139,100) | (131,800) | ||
| Operating income: | 95,600 | 83,800 | 48,700 | 58,600 | 58,800 | 42,600 | ||
| Nonoperating expense | (5,600) | (6,900) | (7,000) | (6,000) | (8,000) | (6,700) | ||
| Other nonoperating income (expense) | 1,100 | 1,000 | 100 | 700 | (2,700) | 1,700 | ||
| Interest and debt expense | (8,800) | (8,900) | (9,100) | (9,600) | (8,400) | (10,200) | ||
| Income from continuing operations before equity method investments, income taxes: | 81,200 | 68,000 | 32,600 | 43,000 | 42,400 | 25,700 | ||
| Other undisclosed income from continuing operations before income taxes | 8,800 | 8,900 | 9,100 | 9,600 | 8,400 | 10,200 | ||
| Income from continuing operations before income taxes: | 90,000 | 76,900 | 41,700 | 52,600 | 50,800 | 35,900 | ||
| Income tax expense | (26,100) | (25,100) | (16,000) | (16,200) | (12,000) | (8,700) | ||
| Net income: | 63,900 | 51,800 | 25,700 | 36,400 | 38,800 | 27,200 | ||
| Net loss attributable to noncontrolling interest | (200) | (200) | (1,000) | (100) | (200) | (200) | ||
| Other undisclosed net income (loss) attributable to parent | (400) | (100) | 500 | (500) | (300) | (400) | ||
| Net income available to common stockholders, diluted: | 63,300 | 51,500 | 25,200 | 35,800 | 38,300 | 26,600 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 63,900 | 51,800 | 25,700 | 36,400 | 38,800 | 27,200 | ||
| Other undisclosed comprehensive income (loss) | (11,800) | (23,700) | 50,600 | (19,500) | (3,700) | 24,500 | ||
| Comprehensive income: | 52,100 | 28,100 | 76,300 | 16,900 | 35,100 | 51,700 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (200) | (200) | (100) | (200) | ||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (300) | (100) | (700) | (400) | (200) | (600) | ||
| Comprehensive income, net of tax, attributable to parent: | 51,600 | 27,800 | 75,600 | 16,400 | 34,900 | 50,900 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.