Hyster-Yale Materials Handling Inc
Hyster-Yale, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. Th… Read more
Hyster-Yale Materials Handling Inc (HY) - Net Assets
Latest net assets as of September 2025: $555.40 Million USD
Based on the latest financial reports, Hyster-Yale Materials Handling Inc (HY) has net assets worth $555.40 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.06 Billion) and total liabilities ($1.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $555.40 Million |
| % of Total Assets | 26.95% |
| Annual Growth Rate | 1.17% |
| 5-Year Change | -24.11% |
| 10-Year Change | 6.79% |
| Growth Volatility | 55.72 |
Hyster-Yale Materials Handling Inc - Net Assets Trend (2002–2024)
This chart illustrates how Hyster-Yale Materials Handling Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hyster-Yale Materials Handling Inc (2002–2024)
The table below shows the annual net assets of Hyster-Yale Materials Handling Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $494.10 Million | +21.46% |
| 2023-12-31 | $406.80 Million | +80.72% |
| 2022-12-31 | $225.10 Million | -41.21% |
| 2021-12-31 | $382.90 Million | -41.19% |
| 2020-12-31 | $651.10 Million | +12.84% |
| 2019-12-31 | $577.00 Million | +3.13% |
| 2018-12-31 | $559.50 Million | -2.25% |
| 2017-12-31 | $572.40 Million | +21.68% |
| 2016-12-31 | $470.40 Million | +1.66% |
| 2015-12-31 | $462.70 Million | +1.47% |
| 2014-12-31 | $456.00 Million | +1.13% |
| 2013-12-31 | $450.90 Million | +31.77% |
| 2012-12-31 | $342.20 Million | +15.18% |
| 2011-12-31 | $297.10 Million | +28.78% |
| 2010-12-31 | $230.70 Million | -66.32% |
| 2009-12-31 | $684.90 Million | -20.86% |
| 2008-12-31 | $865.40 Million | -36.83% |
| 2007-12-31 | $1.37 Billion | +220.39% |
| 2005-12-31 | $427.60 Million | -4.30% |
| 2004-12-31 | $446.80 Million | +5.18% |
| 2003-12-31 | $424.80 Million | +11.12% |
| 2002-12-31 | $382.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hyster-Yale Materials Handling Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 65.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $374.60 Million | 78.85% |
| Common Stock | $200.00K | 0.04% |
| Other Comprehensive Income | $-237.00 Million | -49.88% |
| Other Components | $337.30 Million | 71.00% |
| Total Equity | $475.10 Million | 100.00% |
Hyster-Yale Materials Handling Inc Competitors by Market Cap
The table below lists competitors of Hyster-Yale Materials Handling Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
enCore Energy Corp.
V:EU
|
$361.16 Million |
|
Shenzhen Etmade Automatic Equipment
SHE:300812
|
$361.30 Million |
|
Sanofi India Limited
NSE:SANOFI
|
$361.36 Million |
|
Sinostar Cable Co. Ltd.
SHE:300933
|
$361.36 Million |
|
Zhejiang Yankon Group Co Ltd
SHG:600261
|
$361.00 Million |
|
Guangdong Biolight Meditech Co Ltd
SHE:300246
|
$360.97 Million |
|
Venturex Resources Ltd (Australia)
PINK:VTEXF
|
$360.74 Million |
|
IRPC PCL -NVDR- BA 1
F:NVPF
|
$360.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hyster-Yale Materials Handling Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 389,900,000 to 475,100,000, a change of 85,200,000 (21.9%).
- Net income of 142,300,000 contributed positively to equity growth.
- Dividend payments of 24,000,000 reduced retained earnings.
- Share repurchases of 14,000,000 reduced equity.
- Other comprehensive income decreased equity by 42,700,000.
- Other factors increased equity by 23,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $142.30 Million | +29.95% |
| Dividends Paid | $24.00 Million | -5.05% |
| Share Repurchases | $14.00 Million | -2.95% |
| Other Comprehensive Income | $-42.70 Million | -8.99% |
| Other Changes | $23.60 Million | +4.97% |
| Total Change | $- | 21.85% |
Book Value vs Market Value Analysis
This analysis compares Hyster-Yale Materials Handling Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.36x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $22.72 | $30.97 | x |
| 2003-12-31 | $25.25 | $30.97 | x |
| 2004-12-31 | $26.55 | $30.97 | x |
| 2005-12-31 | $25.41 | $30.97 | x |
| 2007-12-31 | $31.21 | $30.97 | x |
| 2008-12-31 | $9.18 | $30.97 | x |
| 2009-12-31 | $12.48 | $30.97 | x |
| 2010-12-31 | $13.72 | $30.97 | x |
| 2011-12-31 | $17.60 | $30.97 | x |
| 2012-12-31 | $20.32 | $30.97 | x |
| 2013-12-31 | $26.76 | $30.97 | x |
| 2014-12-31 | $27.26 | $30.97 | x |
| 2015-12-31 | $28.17 | $30.97 | x |
| 2016-12-31 | $28.23 | $30.97 | x |
| 2017-12-31 | $34.24 | $30.97 | x |
| 2018-12-31 | $31.77 | $30.97 | x |
| 2019-12-31 | $32.54 | $30.97 | x |
| 2020-12-31 | $36.72 | $30.97 | x |
| 2021-12-31 | $21.23 | $30.97 | x |
| 2022-12-31 | $12.09 | $30.97 | x |
| 2023-12-31 | $22.43 | $30.97 | x |
| 2024-12-31 | $26.83 | $30.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hyster-Yale Materials Handling Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 2.12x
- • Equity Multiplier: 4.27x
- Recent ROE (29.95%) is above the historical average (-4.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.22% | 0.77% | 1.32x | 3.15x | $-25.93 Million |
| 2003 | 3.86% | 0.92% | 1.40x | 3.00x | $-26.08 Million |
| 2004 | 2.39% | 0.52% | 1.46x | 3.14x | $-33.98 Million |
| 2005 | 4.23% | 0.75% | 1.65x | 3.40x | $-24.66 Million |
| 2007 | 7.50% | 1.45% | 1.70x | 3.06x | $-13.13 Million |
| 2008 | -243.84% | -13.31% | 2.58x | 7.10x | $-391.42 Million |
| 2009 | -20.81% | -2.92% | 1.61x | 4.41x | $-63.81 Million |
| 2010 | 14.04% | 1.80% | 1.73x | 4.51x | $9.33 Million |
| 2011 | 27.88% | 3.25% | 2.27x | 3.77x | $52.97 Million |
| 2012 | 28.71% | 3.97% | 2.32x | 3.12x | $63.87 Million |
| 2013 | 24.46% | 4.13% | 2.30x | 2.58x | $65.02 Million |
| 2014 | 24.16% | 3.97% | 2.47x | 2.47x | $64.35 Million |
| 2015 | 16.21% | 2.90% | 2.35x | 2.38x | $28.62 Million |
| 2016 | 9.23% | 1.67% | 2.00x | 2.78x | $-3.58 Million |
| 2017 | 8.59% | 1.68% | 1.75x | 2.91x | $-7.95 Million |
| 2018 | 6.58% | 1.09% | 1.82x | 3.30x | $-18.04 Million |
| 2019 | 6.58% | 1.09% | 1.78x | 3.39x | $-18.63 Million |
| 2020 | 6.01% | 1.32% | 1.51x | 3.01x | $-24.59 Million |
| 2021 | -48.45% | -5.62% | 1.56x | 5.52x | $-208.71 Million |
| 2022 | -36.25% | -2.09% | 1.75x | 9.91x | $-94.54 Million |
| 2023 | 32.29% | 3.06% | 1.98x | 5.33x | $86.91 Million |
| 2024 | 29.95% | 3.30% | 2.12x | 4.27x | $94.79 Million |
Industry Comparison
This section compares Hyster-Yale Materials Handling Inc's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $405,749,501
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hyster-Yale Materials Handling Inc (HY) | $555.40 Million | 3.22% | 2.71x | $361.11 Million |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $483.70 Million |
| AGCO Corporation (AGCO) | $3.10 Billion | 6.02% | 1.58x | $7.13 Billion |
| Agrify Corp (AGFY) | $-9.27 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.78 Million | 17.74% | 0.30x | $363.58 Million |
| Alamo Group Inc (ALG) | $106.91 Million | 3.85% | 0.51x | $1.99 Billion |
| AmeraMex International Inc (AMMX) | $-557.03K | 0.00% | 0.00x | $1.43 Million |
| Arts-Way Manufacturing Co Inc (ARTW) | $12.09 Million | 2.54% | 0.76x | $4.69 Million |
| Astec Industries Inc (ASTE) | $193.89 Million | -2.43% | 1.15x | $1.20 Billion |
| Austin Engineering Limited (AUSTF) | $119.42 Million | -41.40% | 1.27x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $63.76 Million | 20.96% | 1.45x | $1.51 Million |