Hyster-Yale Materials Handling Inc.

08/03/2021 | Press release | Distributed by Public on 08/03/2021 16:07

Hyster-Yale Materials Handling, Inc. historical quarterly financial data, as posted on its website at www.hyster-yale.com on August 3, 2021 (Form 8-K)


Hyster-Yale Materials Handling, Inc.
(in millions, except percentage data)
Backlog (in thousands)
Q1 Q2 Q3 Q4 FY
2020 37.3 31.5 33.6 40.6 40.6
2021 60.7 84.9
Unit Shipments (in thousands)
Q1 Q2 Q3 Q4 FY
2020 23.3 20.1 20.6 21.5 85.5
2021 22.3 22.7
Revenues - Americas Revenues - Americas - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 550.7 454.8 426.9 458.8 1,891.2 2020 3.0 % -15.4 % -15.6 % -15.9 % -10.9 %
2021 459.7 479.1 2021 -16.5 % 5.3 %
Revenues - EMEA Revenues - EMEA - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 152.1 120.1 143.8 172.6 588.6 2020 -20.0 % -14.6 % -11.1 % -12.5 % -21.6 %
2021 170.7 175.1 2021 12.2 % 45.8 %
Revenues - JAPIC Revenues - JAPIC - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 44.6 48.0 48.0 52.5 193.1 2020 -29.7 % -34.2 % -17.0 % -5.6 % -22.7 %
2021 60.5 65.0 2021 35.7 % 35.4 %
Revenues - Bolzoni Revenues - Bolzoni - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 87.9 64.2 63.3 68.3 283.7 2020 -4.2 % -29.3 % -16.5 % -21.5 % -17.9 %
2021 79.5 84.8 2021 -9.6 % 32.1 %
Revenues - Nuvera Revenues - Nuvera - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 1.4 0.7 0.7 1.1 3.9 2020 n.m. n.m. n.m. n.m. n.m.
2021 - 0.3 2021 n.m. n.m.
Revenues - Consolidated Revenues - Consolidated - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 785.7 654.4 652.4 719.6 2,812.1 2020 -5.9 % -23.6 % -14.8 % -13.8 % -14.6 %
2021 732.2 765.6 2021 -6.8 % 17.0 %
Gross Profit Gross Profit %
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 136.7 103.6 103.4 121.7 465.4 2020 17.4 % 15.8 % 15.8 % 16.9 % 16.5 %
2021 118.4 116.4 2021 16.2 % 15.2 %
Operating Expenses Operating Expenses as a % of Revenue
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 116.5 94.9 96.1 108.0 415.5 2020 14.8 % 14.5 % 14.7 % 15.0 % 14.8 %
2021 115.3 110.5 2021 15.7 % 14.4 %
Operating Profit (Loss) Operating Profit (Loss) %
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 20.2 8.7 7.3 13.7 49.9 2020 2.6 % 1.3 % 1.1 % 1.9 % 1.8 %
2021 3.1 5.9 2021 0.4 % 0.8 %


Hyster-Yale Materials Handling, Inc.
(in millions, except percentage data)
Interest (Income) Expense
Q1 Q2 Q3 Q4 FY
2020 3.8 3.0 2.7 2.8 12.3
2021 2.7 3.7
Other (Income) Expense
Q1 Q2 Q3 Q4 FY
2020 (3.3) 4.0 (1.8) (3.5) (4.6)
2021 (8.1) 2.3
Income (Loss) Before Taxes Effective Income Tax Rate
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 19.7 1.7 6.4 14.4 42.2 2020 20.8 % n.m. 10.9 % 8.3 % 8.8 %
2021 8.5 (0.1) 2021 28.2 % n.m.
Net Income (Loss) Attributable to Stockholders
Q1 Q2 Q3 Q4 FY
2020 15.3 3.6 5.1 13.1 37.1
2021 5.6 1.9
Depreciation and Amortization Expense
Q1 Q2 Q3 Q4 FY
2020 10.4 10.4 11.0 11.1 42.9
2021 11.7 11.6
Net Working Capital (1)
Q1 Q2 Q3 Q4 FY
2020 595.7 577.4 517.5 493.4 493.4
2021 539.7 645.9
Capital Expenditures
Q1 Q2 Q3 Q4 FY
2020 17.6 12.3 7.3 14.5 51.7
2021 7.7 10.4
Net Cash Provided By (Used For) Operating Activities
Q1 Q2 Q3 Q4 FY
2020 (45.7) 33.7 88.1 90.8 166.9
2021 (47.1) (53.6)
Net Cash Provided By (Used For) Investing Activities
Q1 Q2 Q3 Q4 FY
2020 (17.4) (5.9) (6.5) (13.9) (43.7)
2021 9.5 (8.7)
Cash Flow Before Financing Activities (2)
Q1 Q2 Q3 Q4 FY
2020 (63.1) 27.8 81.6 76.9 123.2
2021 (37.6) (62.3)


Hyster-Yale Materials Handling, Inc.
(in millions, except percentage data)
Net Cash Provided By (Used For) Financing Activities
Q1 Q2 Q3 Q4 FY
2020 53.1 (18.7) (53.5) (21.5) (40.6)
2021 (8.0) 45.5
Dividends Paid to Stockholders
Q1 Q2 Q3 Q4 FY
2020 5.3 5.3 5.4 5.3 21.3
2021 5.3 5.4
Total Debt
Q1 Q2 Q3 Q4 FY
2020 340.1 337.7 297.7 289.2 289.2
2021 285.4 345.7
Equity
Return on Equity (3)
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 542.7 563.7 602.6 651.1 651.1 2020 8.6 % 6.3 % 4.8 % 6.3 % 6.3 %
2021 615.8 630.0 2021 4.6 % 4.2 %
(1) Net working capital is equal to accounts receivable, net plus inventories, net less accounts payable.
(2) Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.
(3) Return on equity is equal to the sum of the previous 4 quarters net income divided by average equity calculated over the last 5 quarters.



Lift Truck Business
(in millions, except percentage data)
Backlog (in thousands)
Q1 Q2 Q3 Q4 FY
2020 37.3 31.5 33.6 40.6 40.6
2021 60.7 84.9
Unit Shipments (in thousands)
Q1 Q2 Q3 Q4 FY
2020 23.3 20.1 20.6 21.5 85.5
2021 22.3 22.7
Revenues - Americas Revenues - Americas - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 550.7 454.8 426.9 458.8 1,891.2 2020 3.0 % -15.4 % -15.6 % -15.9 % -10.9 %
2021 459.7 479.1 2021 -16.5 % 5.3 %
Revenues - EMEA Revenues - EMEA - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 152.1 120.1 143.8 172.6 588.6 2020 -20.0 % -40.6 % -11.1 % -12.5 % -21.6 %
2021 170.7 175.1 2021 12.2 % 45.8 %
Revenues - JAPIC Revenues - JAPIC - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 44.6 48.0 48.0 52.5 193.1 2020 -29.7 % -34.2 % -17.0 % -5.6 % -22.7 %
2021 60.5 65.0 2021 35.7 % 35.4 %
Revenues - Lift Truck Business Revenues - Lift Truck Business - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 747.4 622.9 618.7 683.9 2,672.9 2020 -5.2 % -23.4 % -14.7 % -14.3 % -14.4 %
2021 690.9 719.2 2021 -7.6 % 15.5 %
Gross Profit Gross Profit %
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 123.5 94.8 94.3 112.2 424.8 2020 16.5 % 15.2 % 15.2 % 16.4 % 15.9 %
2021 105.4 103.2 2021 15.3 % 14.3 %
Operating Expenses Operating Expenses as a % of revenues
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 95.5 77.8 78.1 87.8 339.2 2020 12.8 % 12.5 % 12.6 % 12.8 % 12.7 %
2021 93.2 87.8 2021 13.5 % 12.2 %
Operating Profit (Loss) Operating Profit (Loss) %
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 28.0 17.0 16.2 24.4 85.6 2020 3.7 % 2.7 % 2.6 % 3.6 % 3.2 %
2021 12.2 15.4 2021 1.8 % 2.1 %



Lift Truck Business
(in millions, except percentage data)
Interest (Income) Expense
Q1 Q2 Q3 Q4 FY
2020 3.7 2.9 2.6 2.6 11.8
2021 2.6 3.5
Other (Income) Expense
Q1 Q2 Q3 Q4 FY
2020 (3.0) 4.5 (1.4) (3.4) (3.3)
2021 (3.6) 2.2
Income (Loss) Before Taxes Effective Income Tax Rate
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 27.3 9.6 15.0 25.2 77.1 2020 25.6 % n.m. 18.7 % 19.0 % 17.0 %
2021 13.2 9.7 2021 34.8 % n.m.
Net Income (Loss) Attributable to Stockholders
Q1 Q2 Q3 Q4 FY
2020 20.1 10.9 11.6 20.3 62.9
2021 8.2 9.3
Depreciation and Amortization Expense
Q1 Q2 Q3 Q4 FY
2020 7.2 7.3 7.7 7.9 30.1
2021 8.2 8.1
Net Working Capital (1)
Q1 Q2 Q3 Q4 FY
2020 497.8 468.8 405.1 391.2 391.2
2021 424.6 526.3
Capital Expenditures
Q1 Q2 Q3 Q4 FY
2020 15.6 12.6 4.0 12.0 44.2
2021 6.2 6.9
Net Cash Provided By (Used For) Operating Activities
Q1 Q2 Q3 Q4 FY
2020 (45.4) 63.4 88.2 80.4 186.6
2021 (24.6) (56.7)
Net Cash Provided By (Used For) Investing Activities
Q1 Q2 Q3 Q4 FY
2020 (15.6) (24.0) (4.9) (12.0) (56.5)
2021 (5.3) (6.8)



Lift Truck Business
(in millions, except percentage data)
Cash Flow Before Financing Activities (2)
Q1 Q2 Q3 Q4 FY
2020 (61.0) 39.4 83.3 68.4 130.1
2021 (29.9) (63.5)
Net Cash Provided By (Used For) Financing Activities
Q1 Q2 Q3 Q4 FY
2020 55.6 (37.3) (55.1) (12.2) (49.0)
2021 (10.6) 44.2
(1) Net working capital is equal to accounts receivable, net plus inventories, net less accounts payable.
(2) Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.



Bolzoni
(in millions, except percentage data)
Revenues Revenues - Bolzoni - % change yr. over yr.
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 87.9 64.2 63.3 68.3 283.7 2020 -4.2 % -29.3 % -16.5 % -21.5 % -17.9 %
2021 79.5 84.8 2021 -9.6 % 32.1 %
Gross Profit (Loss) Gross Profit %
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 16.9 11.5 12.1 12.9 53.4 2020 19.2 % 17.9 % 19.1 % 18.9 % 18.8 %
2021 16.4 15.8 2021 20.6 % 18.6 %
Operating Expenses Operating Expenses as a % of revenues
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 14.2 12.0 12.0 14.2 52.4 2020 16.2 % 18.7 % 19.0 % 20.8 % 18.5 %
2021 15.6 16.2 2021 19.6 % 19.1 %
Operating Profit (Loss) Operating Profit (Loss) %
Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY
2020 2.7 (0.5) 0.1 (1.3) 1.0 2020 3.1 % -0.8 % 0.2 % -1.9 % 0.4 %
2021 0.8 (0.4) 2021 1.0 % -0.5 %
Income (Loss) Before Taxes
Q1 Q2 Q3 Q4 FY
2020 2.6 (0.5) 0.1 (1.7) 0.5
2021 0.6 (0.6)
Effective Income Tax Rate
Q1 Q2 Q3 Q4 FY
2020 n.m. 20.0 % n.m. n.m. n.m.
2021 n.m. 16.7 %
Net Income (Loss) Attributable to Stockholders
Q1 Q2 Q3 Q4 FY
2020 2.7 (0.6) 0.1 (2.0) 0.2
2021 0.6 (0.6)



Nuvera
(in millions, except percentage data)
Revenues
Q1 Q2 Q3 Q4 FY
2020 1.4 0.7 0.7 1.1 3.9
2021 - 0.3
Gross Profit (Loss)
Q1 Q2 Q3 Q4 FY
2020 (2.6) (3.2) (2.7) (3.7) (12.2)
2021 (3.3) (2.5)
Operating Expenses
Q1 Q2 Q3 Q4 FY
2020 6.8 5.1 6.0 6.0 23.9
2021 6.5 6.5
Operating Profit (Loss)
Q1 Q2 Q3 Q4 FY
2020 (9.4) (8.3) (8.7) (9.7) (36.1)
2021 (9.8) (9.0)
Income (Loss) Before Taxes
Q1 Q2 Q3 Q4 FY
2020 (9.1) (7.9) (8.4) (9.4) (34.8)
2021 (5.2) (9.1)
Effective Income Tax Rate
Q1 Q2 Q3 Q4 FY
2020 26.4 % 26.6 % 27.4 % 25.5 % 26.4 %
2021 26.9 % 27.5 %
Net Income (Loss) Attributable to Stockholders
Q1 Q2 Q3 Q4 FY
2020 (6.7) (5.8) (6.1) (7.0) (25.6)
2021 (3.8) (6.6)