earnings
confidence high
sentiment neutral
materiality 0.50
Hyster-Yale posts FY2024 revenue $4.31B (+4.6%); net income $142M; Q4 restructuring $21.4M
HYSTER-YALE, INC.
2024-FY EPS reported
$8.04
revenue$4,308,200,000
- FY2024 revenue $4,308.2M (+4.6% YoY); net income $142.3M up from $125.9M.
- Operating profit $244.8M (5.7% margin) vs $208.7M (5.1%) in FY2023.
- Q4 2024 restructuring charges $21.4M: Lift Truck $16.8M, Bolzoni $4.3M, Nuvera $0.3M.
- Debt to total capitalization improved to 47.1% from 54.8% at end of FY2023.
- Lift Truck segment revenue $4,113.8M (+4.9% YoY); operating profit $276.7M vs $229.6M.