Hyster-Yale Materials Handling
HY
$58.68
Share price
-2.28%
Change (1 day)
9.66%
Change (1 year)
Operating Margin for Hyster-Yale Materials Handling (HY)
Operating Margin as of April 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% |
| 2020 | 1.50% | 3.13% |
| 2019 | 1.46% | 26.21% |
| 2018 | 1.15% | -64.54% |
| 2017 | 3.25% | 118.13% |
| 2016 | 1.49% | -63.23% |
| 2015 | 4.05% | -25.27% |
| 2014 | 5.42% | 13.52% |
| 2013 | 4.78% | 12.25% |
| 2012 | 4.26% | 6.55% |
| 2011 | 3.99% | 111.09% |
| 2010 | 1.89% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Cummins
CMI | 10.44% | 1,273.68% | 🇺🇸 USA |
 Terex
TEX | 8.29% | 990.79% | 🇺🇸 USA |
 Wabash National
WNC | 0.07% | -90.79% | 🇺🇸 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.