---
schema_version: "secwatch.filing_event.v1"
accession: "0001173514-24-000123"
form_type: "8-K"
ticker: "HY"
cik: "0001173514"
company_name: "HYSTER-YALE, INC."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:09:05.101345+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hyster-Yale Q2 revenue up 7%, EPS $3.58, operating profit +63%; full-year outlook raised

## Summary
- Q2 revenue $1,168.1M (+7% YoY); operating profit $95.6M (+63%); net income $63.3M (+65%); diluted EPS $3.58.
- Lift Truck operating profit margin 9.2% (up 320 bps) on higher unit margins and favorable product mix.
- Dollar-value lift truck factory bookings fell 44% YoY to $380M; backlog $2.56B (-29% YoY).
- Full-year 2024 outlook improved due to strong Q2; expects H2 revenue growth but operating profit to moderate slightly.
- Debt-to-capital ratio improved to 51% from 53% at March 31, 2024; inventory down 4% YoY; $217M unused borrowing capacity.

## SEC filing metadata
- accession: 0001173514-24-000123
- form_type: 8-K
- ticker: HY
- cik: 0001173514
- company_name: HYSTER-YALE, INC.
- filed_at: 2024-08-06T23:59:59+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/1173514/000117351424000123/0001173514-24-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173514/000117351424000123/hy-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001173514-24-000123
- JSON: https://secwatch.observer/filing/0001173514-24-000123.json
- Plain text: https://secwatch.observer/filing/0001173514-24-000123.txt

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