---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-23-000013"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:13:50.399275+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale returns to Q4 profit; expects substantial 2023 net income

## Summary
- Q4 revenue $985.2M (+18.7% YoY); net income $7.6M vs loss $103.3M; diluted EPS $0.44 vs ($6.14).
- Lift Truck operating profit $27.2M vs loss $93.2M; Bolzoni returned to profit with $2.0M operating profit.
- Backlog avg price/unit $36,533 (+33.6% YoY); unit backlog 102,100; bookings 21,000 units.
- 2023 outlook: substantial net income; capex ~$65M; significant cash flow improvement expected.
- Global lift truck market expected to decline in 2023 except JAPIC; supply chain constraints moderating.

## SEC filing metadata
- accession: 0001173514-23-000013
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173514/000117351423000013/0001173514-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351423000013/hy-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-23-000013
- JSON: https://secwatch.observer/filing/0001173514-23-000013.json
- Plain text: https://secwatch.observer/filing/0001173514-23-000013.txt

## Key facts
- Earnings Releases
  HYSTER-YALE, INC. reported financial results for the three months and year ended December 31, 2022.
  - Period: the three months and year ended December 31, 2022
  - Result: reported results
  source text: On February 27, 2023, Hyster-Yale Materials Handling, Inc. (the “Company”) issued a press release announcing the unaudited quarter ended and audited year ended financial results for the periods ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351423000013/0001173514-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.