Sector: Industrials | Industry: Heavy Machinery & Vehicles |
See Regulatory Filings on SEC |
Company Contact | |
Address: | SUITE 300, 5875 LANDERBROOK DRIVE CLEVELAND OH 44124 |
Tel: | 1-440-2295168 |
Website: | https://www.hyster-yale.com |
IR: | See website |
Key People | ||
Alfred M. Rankin Executive Chairman of the Board | Jon C. Taylor Chief Financial Officer of HYG | Rajiv K. Prasad President, Chief Executive Officer |
Scott A. Minder Chief Financial Officer, Senior Vice President, Treasurer | Stephen J. Karas President, APIC and Vice President | Charles F. Pascarelli President, Americas of HYG, Senior Vice President |
Suzanne Schulze Taylor Senior Vice President, General Counsel, Secretary; Senior Vice President, General Counsel and Secretary of HYG | Dena Mckee Chief Accounting Officer, Vice President, Controller | Stewart Douglas Murdoch Senior Vice President, Managing Director, Europe, Middle East and Africa of HYG | Anthony J. Salgado Chief Operating Officer of HYG |
Business Overview |
Hyster-Yale Materials Handling, Inc. is a globally integrated company offering a full line of application-tailored lift trucks and solutions. Its solutions include attachments and hydrogen fuel cell power products, telematics, automation, and fleet management services, as well as a variety of other power options for its lift truck. Its segments include the Americas; Europe, the Middle East and Africa (EMEA), and Japan, Asia, Pacific, India, and China (JAPIC). Through, Hyster-Yale Group, Inc., it designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments and aftermarket parts marketed globally, primarily under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships. It also designs and produces specialized products in the port equipment and rough terrain forklift markets. It distributes lift trucks and attachments primarily through two channels: independent dealers and a direct sales program. |
Financial Overview |
For the fiscal year ended 31 December 2023, Hyster-Yale Materials Handling Inc revenues increased 16% to $4.12B. Net income totaled $125.9M vs. loss of $74.1M. Revenues reflect Americas segment increase of 21% to $2.9B, EMEA segment increase of 17% to $820.5M, Bolzoni segment increase of 6% to $375.3M, United States segment increase of 29% to $2.54B, Europe,Africa and Middle East segment increase of 5% to $930.5M. |
Employees: | 8,600 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,537M as of Dec 31, 2023 |
Annual revenue (TTM): | $4,118M as of Dec 31, 2023 |
EBITDA (TTM): | $253.80M as of Dec 31, 2023 |
Net annual income (TTM): | $125.90M as of Dec 31, 2023 |
Free cash flow (TTM): | $93.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $415.20M as of Dec 31, 2023 |
Shares outstanding: | 17,488,811 as of Feb 23, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |