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Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) EBIT : $218 Mil (TTM As of Dec. 2023)


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What is Hyster-Yale Materials Handling EBIT?

Hyster-Yale Materials Handling's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $218 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hyster-Yale Materials Handling's annualized ROC % for the quarter that ended in Dec. 2023 was 8.77%. Hyster-Yale Materials Handling's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 28.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hyster-Yale Materials Handling's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.90%.


Hyster-Yale Materials Handling EBIT Historical Data

The historical data trend for Hyster-Yale Materials Handling's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hyster-Yale Materials Handling EBIT Chart

Hyster-Yale Materials Handling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.70 55.90 -139.40 -34.00 218.30

Hyster-Yale Materials Handling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.60 46.10 59.20 62.20 50.80

Competitive Comparison of Hyster-Yale Materials Handling's EBIT

For the Farm & Heavy Construction Machinery subindustry, Hyster-Yale Materials Handling's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hyster-Yale Materials Handling's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster-Yale Materials Handling's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hyster-Yale Materials Handling's EV-to-EBIT falls into.



Hyster-Yale Materials Handling EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $218 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hyster-Yale Materials Handling  (NYSE:HY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hyster-Yale Materials Handling's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=194.8 * ( 1 - 38.37% )/( (1355 + 1382.7)/ 2 )
=120.05524/1368.85
=8.77 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Hyster-Yale Materials Handling's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=203.2/( ( (298.7 + max(390.7, 0)) + (313.9 + max(445.4, 0)) )/ 2 )
=203.2/( ( 689.4 + 759.3 )/ 2 )
=203.2/724.35
=28.05 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(512 + 815.4 + 95.3) - (619.9 + 99.1 + 313)
=390.7

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(497.5 + 815.7 + 98.1) - (617.6 + 77.9 + 270.4)
=445.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hyster-Yale Materials Handling's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=218.3/1465.403
=14.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hyster-Yale Materials Handling EBIT Related Terms

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Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) Business Description

Traded in Other Exchanges
Address
5875 Landerbrook Drive, Suite 300, Cleveland, OH, USA, 44124-4069
Hyster-Yale Materials Handling Inc designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks and the products are market under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company operates through three geographical regions namely: the Americas, EMEA, JAPIC, of which Americas region accounts for the larger share of the revenue.
Executives
Susan Sichel other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Batcheler Colleen director ONE CONAGRA DRIVE, OMAHA NE 68102
Martha S Kelly other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Scott Minder officer: SVP & Chief Financial Officer 5875 LANDERBROOK, SUITE 300, CLEVELAND OH 44124
Jon C Taylor officer: Officer of a Subsidiary 5875 LANDERBROOK DRIVE, SUITE 300, CLEVELAND OH 44124
Gregory Breier officer: Vice President-Tax 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD OH 44124
Patric Schroeter officer: Officer of a Subsidiary 5875 LANDERBROOK DRIVE, SUITE 300, CLEVELAND OH 44124
Butler John C Jr other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Helen Rankin Butler other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
David B Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Clara R Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Rankin Alfred M Et Al director, officer: Chairman 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124
Victoire G Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Chloe O Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Claiborne R Rankin director, other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124

Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) Headlines