Hyster-Yale Materials Handling
HY
#5317
Rank
ยฃ0.78 B
Marketcap
ยฃ43.77
Share price
-2.99%
Change (1 day)
24.54%
Change (1 year)

Operating Margin for Hyster-Yale Materials Handling (HY)

Operating Margin as of September 2024 (TTM): 6.99%

According to Hyster-Yale Materials Handling's latest financial reports and stock price the company's current Operating Margin is 6.99%. At the end of 2023 the company had an Operating Margin of 4.40%.

Operating Margin history for Hyster-Yale Materials Handling from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.40%-349.92%
2022-1.76%-65.08%
2021-5.04%-435.6%
20201.50%3.13%
20191.46%26.39%
20181.15%-64.59%
20173.25%118.13%
20161.49%-63.23%
20154.05%-25.27%
20145.42%13.52%
20134.78%12.25%
20124.26%6.55%
20113.99%111.09%
20101.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.25% 60.94%๐Ÿ‡บ๐Ÿ‡ธ USA
11.61% 66.09%๐Ÿ‡บ๐Ÿ‡ธ USA
8.32% 19.03%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.