Hyster-Yale Materials Handling, Inc. (HY) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HY Revenue Growth
Revenue Breakdown (FY 2025)
HY's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HY Revenue Analysis (2014–2025)
As of May 8, 2026, Hyster-Yale Materials Handling, Inc. (HY) generated trailing twelve-month (TTM) revenue of $3.65 billion, reflecting significant decline in growth of -12.7% year-over-year. The most recent quarter (Q1 2026) recorded $795.2 million in revenue, down 13.9% sequentially.
Looking at the longer-term picture, HY's 5-year compound annual growth rate (CAGR) stands at +6.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.31 billion in 2024.
Revenue diversification analysis shows HY's business is primarily driven by Other revenue (100%). With over half of revenue concentrated in Other revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including MCRI (+4.4% YoY), TITN (-10.2% YoY), and AGCO (-3.8% YoY), HY has underperformed the peer group in terms of revenue growth. Compare HY vs MCRI →
HY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HYCurrent | $3.7B | -12.7% | +6.0% | 0.5% | |
 MCRI | $545M | +4.4% | +24.2% | 25.1% | |
 TITN | $2.4B | -10.2% | +11.5% | -0.1% | |
 AGCO | $10.1B | -3.8% | +2.0% | 6.9% | |
 TEX | $5.4B | +17.0% | +12.0% | 8.8% | |
 MTW | $2.2B | +5.1% | +9.2% | 2.6% |
HY Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.77B | -12.5% | $632.8M | 16.8% | $17.5M | 0.5% |
| 2024 | $4.31B | +4.6% | $895.5M | 20.8% | $244.8M | 5.7% |
| 2023 | $4.12B | +16.1% | $785.6M | 19.1% | $208.7M | 5.1% |
| 2022 | $3.55B | +15.4% | $433.9M | 12.2% | $-39,100,000 | -1.1% |
| 2021 | $3.08B | +9.4% | $363.4M | 11.8% | $-152,300,000 | -5.0% |
| 2020 | $2.81B | -14.6% | $465.4M | 16.5% | $49.9M | 1.8% |
| 2019 | $3.29B | +3.5% | $541.8M | 16.5% | $53.9M | 1.6% |
| 2018 | $3.18B | +10.2% | $497.0M | 15.6% | $38.8M | 1.2% |
| 2017 | $2.89B | +12.3% | $502.6M | 17.4% | $74.1M | 2.6% |
| 2016 | $2.57B | -0.3% | $427.5M | 16.6% | $32.9M | 1.3% |
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Start ComparisonHY — Frequently Asked Questions
Quick answers to the most common questions about buying HY stock.
Is HY's revenue growth accelerating or slowing?
HY revenue declined -12.7% year-over-year, contrasting with the 5-year CAGR of +6.0%. TTM revenue fell to $3.7B. This reverses the prior growth trend.
What is HY's long-term revenue growth rate?
Hyster-Yale Materials Handling, Inc.'s 5-year revenue CAGR of +6.0% reflects the variable expansion pattern. Current YoY growth of -12.7% is below this long-term average.
How is HY's revenue distributed by segment?
HY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.