---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-24-000015"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T10:45:01.577160+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale Q4 net income $25.2M ($1.43 EPS); FY net income $125.9M vs loss; 2024 outlook comparable

## Summary
- Q4 consolidated operating profit $48.7M (+146% YoY); net income $25.2M vs $7.6M; revenue $1.027B (+4%).
- Lift Truck operating profit $54.2M (5.5% margin), up from $27.2M; improved product margins and favorable price-to-cost.
- Full-year 2023 net income $125.9M vs loss of $74.1M; diluted EPS $7.24 vs ($4.38).
- 2024 outlook: net income comparable to 2023; operating profit expected to increase; capex $87M vs $35.4M in 2023.
- Net debt reduced to $415.2M from $432.4M Q/Q; cash from ops $46M in Q4, $151M FY.

## SEC filing metadata
- accession: 0001173514-24-000015
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2024-02-27T23:59:59+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/1173514/000117351424000015/0001173514-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000015/hy-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-24-000015
- JSON: https://secwatch.observer/filing/0001173514-24-000015.json
- Plain text: https://secwatch.observer/filing/0001173514-24-000015.txt

## Key facts
- Earnings Releases
  HYSTER-YALE, INC. reported financial results for the three months and year ended December 31, 2023.
  - Period: the three months and year ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024, 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, 2023, a copy of which is attached as Exhibit 99 to this Current Report on Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000015/0001173514-24-000015-index.htm

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