Hyster-Yale Materials Handling
HY
#4866
Rank
$1.36 B
Marketcap
$78.14
Share price
1.05%
Change (1 day)
66.04%
Change (1 year)

Operating Margin for Hyster-Yale Materials Handling (HY)

Operating Margin as of July 2024 (TTM): 6.17%

According to Hyster-Yale Materials Handling's latest financial reports and stock price the company's current Operating Margin is 6.17%. 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% 82.33%๐Ÿ‡บ๐Ÿ‡ธ USA
11.61% 88.17%๐Ÿ‡บ๐Ÿ‡ธ USA
8.28% 34.20%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.