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Hyster YaleHY +0.20%68 Gross Margin % is 15.69% as of Mar. 2026, which is 5% below its 10-year median of 16.60. GuruFocus rates HY with a GF Score™ of 68/100 and a GF Value™ of $41.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Hyster Yale ranks worse than 83.33% on this metric.
The historical rank and industry rank for Hyster Yale's Gross Margin % or its related term are showing as below:
HY'
s Gross Margin % Range Over the Past 10 Years
Min: 11.82 Med: 16.6 Max: 20.79
Current: 15.87
During the past 13 years, the highestGross Margin % of Hyster Yale was 20.79%. The lowest was 11.82%. And the median was 16.60%.
HY's Gross Margin % is ranked worse than 83.33% of 210
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.545
vs HY: 15.87
Hyster Yale had a gross margin of 15.69% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Hyster Yale was 6.50% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Hyster Yale had a gross margin of 15.69% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Hyster Yale Gross Margin % Related Terms
Hyster Yale Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hyster Yale's Gross Margin % 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.
For the Farm & Heavy Construction Machinery subindustry, Hyster Yale's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster Yale's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hyster Yale's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Hyster Yale (HY) has a Gross Margin % of 15.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hyster Yale and its competitors. This is near median its historical median of 16.60. Over the past decade, Hyster Yale's Gross Margin % has ranged from 11.82 to 20.79. According to the industry distribution chart, Hyster Yale ranks #175 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 83.3%.
Is Hyster Yale's Gross Margin % too high?
Hyster Yale's current Gross Margin % of 15.69% is near median its 10-year median of 16.60. Over the past 10 years, this metric has ranged from a low of 11.82 to a high of 20.79. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.55. Hyster Yale's value of 15.69% is 38.6% below this industry median. Based on the distribution chart, Hyster Yale ranks #175 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Hyster Yale has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hyster Yale's Gross Margin % compare to WNC and TWI?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hyster Yale ranks #175 out of 210 companies for Gross Margin %. This places Hyster Yale in the lower half of its industry. The industry median Gross Margin % is 25.55. Hyster Yale's value of 15.69% is 38.6% below this benchmark. Historically, Hyster Yale's own Gross Margin % has ranged from 11.82 to 20.79 over the past decade. While the company's 10-year median is 16.60 vs. the industry median of 25.55, Hyster Yale has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.55, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hyster Yale's current Gross Margin % of 15.69% is 38.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Hyster Yale and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyster Yale's current Gross Margin % is 15.69%, which is near median its own 10-year median of 16.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyster Yale stock overvalued right now?
Based on GuruFocus' analysis, Hyster Yale (HY) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.69, compared to a current price of $35.13 — trading 15.7% below its estimated fair value. The current Gross Margin % is 15.69%, which is near median its 10-year median of 16.60 and 38.6% below the Farm & Heavy Construction Machinery industry median of 25.55. Hyster Yale's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Hyster Yale (HY), the current Gross Margin % is 15.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hyster Yale (HY) Overvalued in 2026?
Based on GuruFocus' analysis, Hyster Yale stock appears to be undervalued.
The current stock price of $35.13 is trading 15.7% below its estimated GF Value™ of $41.69.
GuruFocus considers Hyster Yale to be Modestly Undervalued.
Key valuation signals for HY:
Gross Margin %: 15.69% (near median its 10-year median of 16.60)
GF Value™: $41.69 vs. price of $35.13 (15.7% below fair value)
Industry Position: 38.6% below the Farm & Heavy Construction Machinery median (#175 of 210)
No single metric tells the full story. See the HY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hyster Yale Inc designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, aftermarket parts, and technology solutions marketed globally under the Hyster and Yale brand names. The company has four segments, which include three in the lift truck business as discussed below, as well as Bolzoni S.p.A. (Bolzoni). The majority of its revenue is generated from Lift Trucks. Geographically, it operates in America, EMEA, and JAPIC regions, of which maximum revenue is generated from its business in America, which includes lift truck operations in the U.S., Canada, Mexico, Brazil, and Latin America.
68GF Score
Get the complete analysis for HY
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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