HY Q1 2023 Earnings — Hyster-Yale Materials Handling, Inc. Revenue & Financial Results | Market Cap Arena

HYHyster-Yale Materials Handling, Inc.

$591M

Q1 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$999M+20.7% YoY

Gross Profit

$174M17.5% margin

Operating Income

$43M4.3% margin

Net Income

$27M2.7% margin

EPS (Diluted)

$1.55

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$6M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.8B

Stockholders' Equity

$256M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$999M	$828M	+20.7%
Gross Profit	$174M	$101M	+72.3%
Operating Income	$43M	-$18M	+332.8%
Net Income	$27M	-$25M	+206.4%

Revenue Segments

Lift truck business

$949M86%

Bolzoni

$99M9%

JAPIC HY

$48M4%

Nuvera

$2M0%

Geographic Segments

Americas HY

$686M76%

EMEA HY

$215M24%