HYSTER-YALE MATERIALS HANDLING INC

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

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FY2023 · Filed Feb 27, 2024

HY$29.11+2.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations F-

CONSOLIDATED STATEMENTS OF OPERATIONS

	Year Ended December 31
	2023	2022	2021
(In millions, except per share data)
Revenues	$4,118.3	$3,548.3	$3,075.7
Cost of sales	3,332.7	3,114.4	2,712.3
Gross Profit	785.6	433.9	363.4
Operating Expenses
Selling, general and administrative expenses	576.9	473.0	450.1
Impairment loss	—	—	65.6
	576.9	473.0	515.7
Operating Profit (Loss)	208.7	(39.1)	(152.3)
Other (income) expense
Interest expense	37.3	28.4	15.5
Income from unconsolidated affiliates	(9.8)	(11.0)	(11.7)
Other, net	0.2	5.9	(1.2)
	27.7	23.3	2.6
Income (Loss) Before Income Taxes	181.0	(62.4)	(154.9)
Income tax provision	52.9	9.2	28.3
Net Income (Loss)	128.1	(71.6)	(183.2)
Net (income) loss attributable to noncontrolling interest	(0.6)	(1.5)	10.2
Net income attributable to redeemable noncontrolling interests	(0.7)	(0.5)	—
Accrued dividend to redeemable noncontrolling interests	(0.9)	(0.5)	—
Net Income (Loss) Attributable to Stockholders	$125.9	$(74.1)	$(173.0)
Basic Earnings (Loss) per Share Attributable to Stockholders	$7.35	$(4.38)	$(10.29)
Diluted Earnings (Loss) per Share Attributable to Stockholders	$7.24	$(4.38)	$(10.29)

ContentsView on SEC.gov

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