Hyster-Yale Materials Handling
HY
#4847
Rank
$1.23 B
Marketcap
$70.66
Share price
-2.12%
Change (1 day)
34.26%
Change (1 year)

Operating Margin for Hyster-Yale Materials Handling (HY)

Operating Margin as of June 2024 (TTM): 0.76%

According to Hyster-Yale Materials Handling's latest financial reports and stock price the company's current Operating Margin is 0.76%. At the end of 2021 the company had an Operating Margin of -5.04%.

Operating Margin history for Hyster-Yale Materials Handling from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-5.04%-435.6%
20201.50%3.13%
20191.46%26.21%
20181.15%-64.54%
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
10.44% 1,273.68%๐Ÿ‡บ๐Ÿ‡ธ USA
8.29% 990.79%๐Ÿ‡บ๐Ÿ‡ธ USA
0.07%-90.79%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.