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Hyster Yale Inc's Business Segments
Hyster Yale Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
2
Largest Segment
Lift truck business
Total Revenue
$ 813
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Lift truck business92.9%
- Bolzoni10.1%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Lift truck business | $ 756 | 92.9% |
| Bolzoni | $ 82 | 10.1% |
Revenue by Product & Service Category - Q2 FY2026
- Aftermarket sales22.5%
- Other revenue3.2%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Aftermarket sales | $ 183 | 22.5% |
| Other revenue | $ 26 | 3.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Hyster Yale Inc
Hyster-Yale Materials Handling, Inc. and its subsidiaries, including its operating
company Hyster-Yale Group, Inc. ("HYG") formerly known as NACCO Materials
Handling Group, Inc., is a leading global integrated designer, engineer, manufacturer,
seller and servicer of a comprehensive line of lift trucks and aftermarket parts
marketed globally primarily under the Hyster® and Yale® brand names, mainly
to independent Hyster® and Yale® retail dealerships. Lift trucks and component
parts are manufactured in the United States, Northern Ireland, Mexico, the Netherlands,
the Philippines, Italy, Japan, Vietnam, Brazil and China. Hyster-Yale was incorporated
as a Delaware corporation in 1999.
Hyster-Yale Materials Handling, Inc. a prominent player in the material handling equipment industry, offers an extensive range of products and services tailored to meet the diverse needs of customers around the globe. Here’s a comprehensive breakdown of the segments, products, and services offered, as well as insights into its international operations.
Segments
Hyster-Yale operates primarily in the material handling and logistics segment. The company focuses on producing a variety of lift trucks and other handling equipment, catering to industries such as manufacturing, retail, warehousing, and distribution.
Products
Forklift Trucks
The company’s forklift trucks are among its flagship products and include several types:
1. Electric Lift Trucks: Known for their efficiency and low environmental impact, electric models provide enhanced performance options. They are suitable for indoor operations and feature design elements that support ergonomics and ease of use.
2. Internal Combustion (IC) Lift Trucks: These trucks are predominantly used outdoors and are designed to handle heavier loads in rugged environments. They come in both propane and diesel configurations, allowing for flexibility based on operational needs.
3. Reach Trucks and Order Pickers: Highly maneuverable types designed for narrow aisle operations and picking applications in warehouses. These trucks optimize space utilization and increase productivity in high-density storage environments.
4. Pallet Trucks and Stackers: These are essential for moving goods in smaller settings. Hyster-Yale’s product portfolio includes manual and electric variations designed to enhance efficiency in material handling.
5. Container Handlers: Heavy-duty equipment designed for port operations, capable of lifting and moving large shipping containers, optimizing logistics and throughput in harbor facilities.
6. Automated Solutions: The company has invested in automating material handling with the development of automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) aimed at increasing operational efficiency and reducing labor costs in warehouses.
Services
The Hyster-Yale portfolio extends beyond equipment to include comprehensive services, which are critical for maintaining the operational efficacy of their products:
1. Maintenance and Repair Services: Offering preventive and corrective maintenance programs to ensure lift trucks operate at peak performance levels.
2. Parts Supply: A robust supply chain management system ensures that genuine parts are readily available, minimizing downtime and maintaining safety standards.
3. Training Programs: Extensive operator training programs are provided to enhance safety and operational efficiency, covering everything from equipment handling to compliance with safety regulations.
4. Financing Solutions: The company provides various financing options to assist businesses in acquiring lift trucks and related equipment, thereby lowering the barrier to entry and enhancing cash flow management.
5. Fleet Management Services: Through advanced telematics and data analysis, Hyster-Yale offers fleet management solutions that help customers optimize their material handling operations by tracking usage, enhancing productivity, and predicting maintenance needs.
International Operations
Hyster-Yale has a significant international presence, structured through three main regional divisions: the Americas, EMEA (Europe, the Middle East, and Africa), and JAPIC (Japan, Asia, Pacific, India, and China).
- Americas: This division handles a broad market, accommodating industries across the U.S. Canada, and Latin America. The focus is on robust customer service and maintaining strong dealer networks to distribute various lift truck models.
- EMEA: The European division is characterized by a diverse customer base operating under various regulations and market dynamics. Hyster-Yale specifically tailors its products to meet stringent European emissions regulations and ergonomics preferences. Localized support through shared services teams enables efficient coordination and quicker response times to market demands.
- JAPIC: This region includes rapidly growing economies like China and India, where coal, retail, and construction sectors drive demand for material handling equipment. Hyster-Yale recognizes these markets’ potential and implements region-specific product adaptations, particularly concerning technological advancements in automation and electric vehicles.
Marketing Support Structure
In each of these regions, Hyster-Yale utilizes shared services to strengthen marketing and operational performance. Functions such as sales and service training ensure that personnel are highly skilled and informed about the latest product innovations. Information systems support provides the necessary technological backbone for data management and operational efficiency.
Product launch coordination is critical for ensuring that new offerings are effectively introduced to the market, backed by specialized marketing materials that resonate with local customer bases. Additionally, the company develops strategic marketing efforts tailored to each region, bolstered by help desk operations for customer inquiries and order entry systems that streamline purchasing processes.
Overall, Hyster-Yales extensive range of products and services, combined with its strategic international operations and localized marketing efforts, positions it strongly within the material handling industry, enabling it to effectively meet diverse customer needs across various global markets.
Segments
Hyster-Yale operates primarily in the material handling and logistics segment. The company focuses on producing a variety of lift trucks and other handling equipment, catering to industries such as manufacturing, retail, warehousing, and distribution.
Products
Forklift Trucks
The company’s forklift trucks are among its flagship products and include several types:
1. Electric Lift Trucks: Known for their efficiency and low environmental impact, electric models provide enhanced performance options. They are suitable for indoor operations and feature design elements that support ergonomics and ease of use.
2. Internal Combustion (IC) Lift Trucks: These trucks are predominantly used outdoors and are designed to handle heavier loads in rugged environments. They come in both propane and diesel configurations, allowing for flexibility based on operational needs.
3. Reach Trucks and Order Pickers: Highly maneuverable types designed for narrow aisle operations and picking applications in warehouses. These trucks optimize space utilization and increase productivity in high-density storage environments.
4. Pallet Trucks and Stackers: These are essential for moving goods in smaller settings. Hyster-Yale’s product portfolio includes manual and electric variations designed to enhance efficiency in material handling.
5. Container Handlers: Heavy-duty equipment designed for port operations, capable of lifting and moving large shipping containers, optimizing logistics and throughput in harbor facilities.
6. Automated Solutions: The company has invested in automating material handling with the development of automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) aimed at increasing operational efficiency and reducing labor costs in warehouses.
Services
The Hyster-Yale portfolio extends beyond equipment to include comprehensive services, which are critical for maintaining the operational efficacy of their products:
1. Maintenance and Repair Services: Offering preventive and corrective maintenance programs to ensure lift trucks operate at peak performance levels.
2. Parts Supply: A robust supply chain management system ensures that genuine parts are readily available, minimizing downtime and maintaining safety standards.
3. Training Programs: Extensive operator training programs are provided to enhance safety and operational efficiency, covering everything from equipment handling to compliance with safety regulations.
4. Financing Solutions: The company provides various financing options to assist businesses in acquiring lift trucks and related equipment, thereby lowering the barrier to entry and enhancing cash flow management.
5. Fleet Management Services: Through advanced telematics and data analysis, Hyster-Yale offers fleet management solutions that help customers optimize their material handling operations by tracking usage, enhancing productivity, and predicting maintenance needs.
International Operations
Hyster-Yale has a significant international presence, structured through three main regional divisions: the Americas, EMEA (Europe, the Middle East, and Africa), and JAPIC (Japan, Asia, Pacific, India, and China).
- Americas: This division handles a broad market, accommodating industries across the U.S. Canada, and Latin America. The focus is on robust customer service and maintaining strong dealer networks to distribute various lift truck models.
- EMEA: The European division is characterized by a diverse customer base operating under various regulations and market dynamics. Hyster-Yale specifically tailors its products to meet stringent European emissions regulations and ergonomics preferences. Localized support through shared services teams enables efficient coordination and quicker response times to market demands.
- JAPIC: This region includes rapidly growing economies like China and India, where coal, retail, and construction sectors drive demand for material handling equipment. Hyster-Yale recognizes these markets’ potential and implements region-specific product adaptations, particularly concerning technological advancements in automation and electric vehicles.
Marketing Support Structure
In each of these regions, Hyster-Yale utilizes shared services to strengthen marketing and operational performance. Functions such as sales and service training ensure that personnel are highly skilled and informed about the latest product innovations. Information systems support provides the necessary technological backbone for data management and operational efficiency.
Product launch coordination is critical for ensuring that new offerings are effectively introduced to the market, backed by specialized marketing materials that resonate with local customer bases. Additionally, the company develops strategic marketing efforts tailored to each region, bolstered by help desk operations for customer inquiries and order entry systems that streamline purchasing processes.
Overall, Hyster-Yales extensive range of products and services, combined with its strategic international operations and localized marketing efforts, positions it strongly within the material handling industry, enabling it to effectively meet diverse customer needs across various global markets.