0001173514false00011735142024-11-052024-11-05


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 _______________________________________________________________________________________________________________________________________________________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):November 5, 2024
HYSTER-YALE, INC.
(Exact name of registrant as specified in its charter)
Delaware000-5479931-1637659
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
5875 Landerbrook Drive, Suite 300
Cleveland(440)
OH449-960044124-4069
(Address of principal executive offices)(Registrant's telephone number, including area code)(Zip code)
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.01 par value per shareHYNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 2.02 Results of Operations and Financial Condition and
Item 7.01 Regulation FD Disclosure.
    
On November 5, 2024, Hyster-Yale, Inc. (the “Company”) will post on its website at www.hyster-yale.com additional historical quarterly financial data and update the schedules that were previously posted to the website for the third quarter 2024 results. A copy of the data is attached as Exhibit 99 to this Current Report on Form 8-K.

This Current Report on Form 8-K and the information attached hereto are being furnished by the Company pursuant to Item 2.02 of Form 8-K, insofar as they disclose historical information regarding the Company's results of operations.

The information in this Current Report on Form 8-K, including Exhibit 99, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

As described in Item 2.02 and 7.01 of this Current Report on Form 8-K, the following Exhibit is furnished as part of this Current Report on Form 8-K.
    
(d) Exhibits
99
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)





SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:November 5, 2024HYSTER-YALE, INC.
By:/s/ Dena R. McKee
Dena R. McKee
Title: Vice President, Controller and Chief Accounting Officer

                            

                            


EXHIBIT 99
Hyster-Yale, Inc.
(in millions of $, except percentage data)
Revenues - ConsolidatedRevenues - Consolidated - % change yr. over yr.
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020785.7 654.4 652.4 719.6 2,812.1 2020-5.9 %-23.6 %-14.8 %-13.8 %-14.6 %
2021732.2 765.6 748.2 829.7 3,075.7 2021-6.8 %17.0 %14.7 %15.3 %9.4 %
2022827.6 895.4 840.1 985.2 3,548.3 202213.0 %17.0 %12.3 %18.7 %15.4 %
2023999.3 1,090.6 1,001.2 1,027.2 4,118.3 202320.7 %21.8 %19.2 %4.3 %16.1 %
20241,056.5 1,168.1 1,016.1 20245.7 %7.1 %1.5 %
Gross Profit (6)
Gross Profit % (6)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020136.7103.6103.4121.7465.4 202017.4 %15.8 %15.8 %16.9 %16.5 %
2021118.4 116.4 65.1 63.5 363.4 202116.2 %15.2 %8.7 %7.7 %11.8 %
2022101.299.186.9146.7433.9 202212.2 %11.1 %10.3 %14.9 %12.2 %
2023174.4197.9203.6209.7785.6 202317.5 %18.1 %20.3 %20.4 %19.1 %
2024235.7259.3192.9202422.3 %22.2 %19.0 %
Operating Expenses (6)(7)(8)
Operating Expenses as a % of Revenue (6)(7)(8)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020116.5 94.9 96.1 108.0 415.5 202014.8 %14.5 %14.7 %15.0 %14.8 %
2021115.3 110.5 119.4 170.5 515.7 202115.7 %14.4 %16.0 %20.5 %16.8 %
2022119.5 114.8 111.8 126.9 473.0 202214.4 %12.8 %13.3 %12.9 %13.3 %
2023131.8 139.1 145.0 161.0 576.9 202313.2 %12.8 %14.5 %15.7 %14.0 %
2024151.9 163.7 159.8 202414.4 %14.0 %15.7 %
Operating Profit (Loss) (6)(7)(8)
Operating Profit (Loss) %
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202020.2 8.7 7.3 13.7 49.9 20202.6 %1.3 %1.1 %1.9 %1.8 %
20213.1 5.9 (54.3)(107.0)(152.3)20210.4 %0.8 %-7.3 %-12.9 %-5.0 %
2022(18.3)(15.7)(24.9)19.8 (39.1)2022-2.2 %-1.8 %-3.0 %2.0 %-1.1 %
202342.6 58.8 58.6 48.7 208.7 20234.3 %5.4 %5.9 %4.7 %5.1 %
202483.8 95.6 33.1 20247.9 %8.2 %3.3 %
Interest (Income) Expense
Q1Q2Q3Q4FY
20203.8 3.0 2.7 2.8 12.3 
20212.7 3.7 4.0 4.5 14.9 
20224.9 5.9 7.3 9.2 27.3 
20239.6 7.8 8.9 8.4 34.7 
20247.8 8.0 7.9 
Income (Loss) Before Taxes
Effective Income Tax Rate (9)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202019.7 1.7 6.4 14.4 42.2 202020.8 %n.m.10.9 %8.3 %8.8 %
20218.5 (0.1)(56.3)(107.0)(154.9)202128.2 %n.m.-36.4 %-7.3 %-18.3 %
2022(21.3)(21.8)(32.4)13.1 (62.4)2022-13.6 %14.2%-13.0 %39.7 %-14.7 %
202335.9 50.8 52.6 41.7 181.0 202324.2 %23.6%30.8 %38.4 %29.2 %
202476.9 90.0 28.1 202432.6 %29.0%36.7 %


Hyster-Yale, Inc.
(in millions of $, except percentage data)
Net Income (Loss) Attributable to Stockholders (9)
Q1Q2Q3Q4FY
202015.3 3.6 5.1 13.1 37.1 
20215.6 1.9 (77.2)(103.3)(173.0)
2022(25.0)(19.4)(37.3)7.6 (74.1)
202326.6 38.3 35.8 25.2 125.9 
202451.5 63.3 17.2 
Depreciation and Amortization Expense
Q1Q2Q3Q4FY
202010.4 10.4 11.0 11.1 42.9 
202111.7 11.6 11.4 11.5 46.2 
202211.1 11.0 10.9 10.4 43.4 
202311.2 11.3 11.3 11.3 45.1 
202411.7 12.4 11.7 
Net Working Capital (1)
Net Working Capital as % of Revenue (2)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020595.7 577.4 517.5 493.4 493.4 202019.0 %22.1 %19.8 %17.5 %17.5 %
2021539.7 645.9 692.4 697.0 697.0 202118.4 %21.1 %23.1 %22.7 %22.7 %
2022704.7 751.9 686.2 715.7 715.7 202221.3 %21.0 %20.4 %20.2 %20.2 %
2023763.0 809.0 777.8 783.0 783.0 202319.1 %18.5 %19.4 %19.0 %19.0 %
2024789.6 855.9 863.9 202418.7 %18.3 %21.3 %
Capital Expenditures
Q1Q2Q3Q4FY
202017.6 12.3 7.3 14.5 51.7 
20217.7 10.4 11.4 14.8 44.3 
20229.7 5.6 4.4 9.1 28.8 
20233.3 7.3 8.3 16.5 35.4 
20247.5 12.2 10.2 
Net Cash Provided By (Used For) Operating Activities
Q1Q2Q3Q4FY
2020(45.7)33.7 88.1 90.8 166.9 
2021(47.1)(53.6)(91.1)(61.7)(253.5)
202259.1 (58.9)34.1 6.3 40.6 
20239.0 35.8 60.3 45.6 150.7 
2024 22.4 (2.5)70.1 
Net Cash Provided By (Used For) Investing Activities
Q1Q2Q3Q4FY
2020(17.4)(5.9)(6.5)(13.9)(43.7)
20219.5 (8.7)(10.9)(14.4)(24.5)
2022(9.3)(13.6)(4.3)(8.2)(35.4)
2023(5.0)(6.9)(7.9)(14.7)(34.5)
2024(7.0)(11.7)(12.0)


Hyster-Yale, Inc.
(in millions of $, except percentage data)
Cash Flow Before Financing Activities (3)
Q1Q2Q3Q4FY
2020(63.1)27.8 81.6 76.9 123.2 
2021(37.6)(62.3)(102.0)(76.1)(278.0)
202249.8 (72.5)29.8 (1.9)5.2 
20234.0 28.9 52.4 30.9 116.2 
202415.4 (14.2)58.1 
Net Cash Provided By (Used For) Financing Activities
Q1Q2Q3Q4FY
202053.1 (18.7)(53.5)(21.5)(40.6)
2021(8.0)45.5 77.2 78.9 193.6 
2022(50.9)84.4 (35.4)(9.0)(10.9)
2023(2.5)(26.4)(40.2)(31.4)(100.5)
2024(30.5)19.1 (50.8)
Dividends Paid to Stockholders
Q1Q2Q3Q4FY
20205.3 5.3 5.4 5.3 21.3 
20215.3 5.4 5.5 5.4 21.6 
20225.4 5.5 5.5 5.4 21.8 
20235.6 5.5 5.6 5.6 22.3 
20245.7 6.1 6.1 
Total Debt
Debt to Total Capitalization (4)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020340.1 337.7 297.7 289.2 289.2 202038.5 %37.5 %33.1 %30.8 %30.8 %
2021285.4 345.7 428.0 518.5 518.5 202131.7 %35.4 %45.6 %57.5 %57.5 %
2022479.0 580.6 545.0 552.9 552.9 202257.7 %72.2 %80.1 %71.1 %71.1 %
2023560.6 542.3 510.6 494.0 494.0 202367.3 %63.9 %61.4 %54.8 %54.8 %
2024474.8 501.9 468.5 202452.5 %51.0 %46.0 %
Total Equity
Return on Equity (5)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020542.7 563.7 602.6 651.1 651.1 20208.6 %6.3 %4.8 %6.3 %6.3 %
2021615.8 630.0 510.2 382.9 382.9 20214.6 %4.2 %-9.4 %-31.0 %-31.0 %
2022351.5 223.4 135.2 225.1 225.1 2022-40.9 %-53.6 %-57.7 %-28.1 %-28.1 %
2023272.3 306.2 320.6 406.8 406.8 2023-9.3 %15.1 %43.0 %41.1 %41.1 %
2024429.3 482.1 549.0 202443.5 %45.2 %35.9 %
(1)Net working capital is equal to accounts receivable, net plus inventories, net less accounts payable.
(2)Net working capital as a percentage of revenue is equal to net working capital divided by annualized revenues for the quarter and the previous 4 quarters revenue at year end.
(3)Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.
(4)Debt to total capitalization is equal to total debt divided by total debt plus permanent equity.
(5)Return on equity is equal to the sum of the previous 4 quarters net income divided by average equity calculated over the last 5 quarters.
(6)During the third and fourth quarters of 2021, Nuvera reduced its inventory to its estimated net realizable value by $14.8 million and $1.3 million, respectively.
(7)During the third quarter of 2021, Nuvera recognized a $10.0 million impairment charge of property, plant and equipment.
(8)During the fourth quarter of 2021, JAPIC recognized a $55.6 million goodwill impairment charge, of which $11.7 million related to the non-controlling interest share.
(9)During the third and fourth quarters of 2021, the Company recognized a valuation allowance of $38.4 million and $20.2 million, respectively, provided against deferred tax assets.


Hyster-Yale, Inc.
(in millions of $, except percentage data)
Non-GAAP Reconciliation of ROTCE
20192020202120222023
LTM
9/30/24 (4)
Average Stockholders' Equity (1)
527.8554.5525.5241.9288.9420.4
Average Debt (1)
324.0310.3373.4535.2532.2490.0
Average Cash (1)
(63.4)(83.4)(93.8)(66.8)(69.3)(72.3)
Average Capital Employed788.4781.4805.1710.3751.8838.1
Net Income (Loss)35.837.1(173.0)(74.1)125.9157.2
Plus: Interest Expense, Net18.012.314.927.334.732.1
Less: Income Taxes on Interest Expense, Net(4.7)(3.2)(3.9)(6.8)(8.7)(8.0)
Actual Return on Capital Employed (2)
49.146.2(162.0)(53.6)151.9181.3
Actual Return on Total Capital Employed Percentage (3)
6.2%5.9%(20.1)%(7.5)%20.2%21.6%
(1)Average stockholder's equity, debt and cash are calculated using the quarter ends and year ends of each respective year.
(2)Tax rate used is the Company's target U.S. marginal tax rate. Rates used were 26% for 2020 and 2021 and 25% for 2022, 2023 and 2024.
(3)Return on total capital employed is provided solely as a supplemental disclosure with respect to income generation because management believes it provides useful information with respect to earnings in a form that is comparable to the Company's cost of capital employed, which includes both equity and debt securities, net of cash.
(4)LTM 9/30/24 average stockholders' equity, debt and cash are calculated using the quarters ending 9/30/23, 12/31/23, 3/31/24, 6/30/24 and 9/30/24.


Lift Truck Business
(in millions of $, except percentage data)
Revenues - AmericasRevenues - Americas - % change yr. over yr.
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020550.7 454.8 426.9 458.8 1,891.2 20203.0 %-15.4 %-15.6 %-15.9 %-10.9 %
2021459.7 479.1 494.3 551.5 1,984.6 2021-16.5 %5.3 %15.8 %20.2 %4.9 %
2022557.7 596.6 571.3 679.8 2,405.4 202221.3 %24.5 %15.6 %23.3 %21.2 %
2023685.9 788.5 716.5 708.4 2,899.3 202323.0 %32.2 %25.4 %4.2 %20.5 %
2024769.7 881.5 771.1 202412.2 %11.8 %7.6 %
Revenues - EMEARevenues - EMEA - % change yr. over yr.
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020152.1 120.1 143.8 172.6 588.6 2020-20.0 %-40.6 %-11.1 %-12.5 %-21.6 %
2021170.7 175.1 153.4 179.7 678.9 202112.2 %45.8 %6.7 %4.1 %15.3 %
2022169.7 184.8 159.4 190.3 704.2 2022-0.6 %5.5 %3.9 %5.9 %3.7 %
2023214.9 200.6 183.9 221.1 820.5 202326.6 %8.5 %15.4 %16.2 %16.5 %
2024199.4 187.8 145.0 2024-7.2 %-6.4 %-21.2 %
Revenues - JAPICRevenues - JAPIC - % change yr. over yr.
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202044.6 48.0 48.0 52.5 193.1 2020-29.7 %-34.2 %-17.0 %-5.6 %-22.7 %
202160.5 65.0 56.1 52.3 233.9 202135.7 %35.4 %16.9 %-0.4 %21.1 %
202251.7 64.9 65.5 67.9 250.0 2022-14.5 %-0.2 %16.8 %29.8 %6.9 %
202347.9 49.6 51.6 52.0 201.1 2023-7.4 %-23.6 %-21.2 %-23.4 %-19.6 %
202437.7 48.7 51.3 2024-21.3 %-1.8 %-0.6 %
Revenues - Lift Truck BusinessRevenues - Lift Truck Business - % change yr. over yr.
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020747.4 622.9 618.7 683.9 2,672.9 2020-5.2 %-23.4 %-14.7 %-14.3 %-14.4 %
2021690.9 719.2 703.8 783.5 2,897.4 2021-7.6 %15.5 %13.8 %14.6 %8.4 %
2022779.1 846.3 796.2 938.0 3,359.6 202212.8 %17.7 %13.1 %19.7 %16.0 %
2023948.7 1,038.7 952.0 981.5 3,920.9 202321.8 %22.7 %19.6 %4.6 %16.7 %
20241,006.8 1,118.0 967.4 20246.1 %7.6 %1.6 %
Gross ProfitGross Profit %
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
2020123.5 94.8 94.3 112.2 424.8 202016.5 %15.2 %15.2 %16.4 %15.9 %
2021105.4 103.2 66.9 54.4 329.9 202115.3 %14.3 %9.5 %6.9 %11.4 %
202285.9 81.3 74.6 129.2 371.0 202211.0 %9.6 %9.4 %13.8 %11.0 %
2023155.6 177.0 186.0 192.8 711.4 202316.4 %17.0 %19.5 %19.6 %18.1 %
2024215.6 239.4 172.9 202421.4 %21.4 %17.9 %


Lift Truck Business
(in millions of $, except percentage data)
Operating Expenses(1)
Operating Expenses as a % of revenues(1)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202095.5 77.8 78.1 87.8 339.2 202012.8 %12.5 %12.6 %12.8 %12.7 %
202193.2 87.8 88.2 147.6 416.8 202113.5 %12.2 %12.5 %18.8 %14.4 %
202296.693.0 89.8 102.0 381.4 202212.4 %11.0 %11.3 %10.9 %11.4 %
2023107.8114.5 120.9 138.6 481.8 202311.4 %11.0 %12.7 %14.1 %12.3 %
2024126.3136.3 133.9 202412.5 %12.2 %13.8 %
Operating Profit (Loss)(1)
Operating Profit (Loss) %(1)
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202028.0 17.0 16.2 24.4 85.6 20203.7 %2.7 %2.6 %3.6 %3.2 %
202112.2 15.4 (21.3)(93.2)(86.9)20211.8 %2.1 %-3.0 %-11.9 %-3.0 %
2022(10.7)(11.7)(15.2)27.2 (10.4)2022-1.4 %-1.4 %-1.9 %2.9 %-0.3 %
202347.8 62.5 65.1 54.2 229.6 20235.0 %6.0 %6.8 %5.5 %5.9 %
202489.3 103.1 39.0 20248.9 %9.2 %4.0 %
(1)During the fourth quarter of 2021, JAPIC recognized a $55.6 million goodwill impairment charge, of which $11.7 million related to the non-controlling interest share.





Bolzoni
(in millions of $, except percentage data)
RevenuesRevenues - Bolzoni - % change yr. over yr.
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202087.9 64.2 63.3 68.3 283.7 2020-4.2 %-29.3 %-16.5 %-21.5 %-17.9 %
202179.5 84.8 90.0 93.5 347.8 2021-9.6 %32.1 %42.2 %36.9 %22.6 %
202295.1 86.4 82.2 92.0 355.7 202219.6 %1.9 %-8.7 %-1.6 %2.3 %
202398.6 96.6 92.8 87.3 375.3 20233.7 %11.8 %12.9 %-5.1 %5.5 %
202496.2 102.4 97.6 2024-2.4 %6.0 %5.2 %
Gross Profit (Loss)Gross Profit %
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202016.9 11.5 12.1 12.9 53.4 202019.2 %17.9 %19.1 %18.9 %18.8 %
202116.4 15.8 15.2 14.1 61.5 202120.6 %18.6 %16.9 %15.1 %17.7 %
202218.8 18.9 13.7 19.3 70.7 202219.8 %21.9 %16.7 %21.0 %19.9 %
202320.7 22.6 19.5 19.4 82.2 202321.0 %23.4 %21.0 %22.2 %21.9 %
202421.8 22.4 23.3 202422.7 %21.9 %23.9 %
Operating ExpensesOperating Expenses as a % of revenues
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
202014.2 12.0 12.0 14.2 52.4 202016.2 %18.7 %19.0 %20.8 %18.5 %
202115.6 16.2 15.2 16.3 63.3 202119.6 %19.1 %16.9 %17.4 %18.2 %
202216.7 15.5 15.0 17.3 64.5 202217.6 %17.9 %18.2 %18.8 %18.1 %
202316.3 17.2 16.6 16.8 66.9 202316.5 %17.8 %17.9 %19.2 %17.8 %
202418.5 18.4 17.1 202419.2 %18.0 %17.5 %
Operating Profit (Loss)Operating Profit (Loss) %
Q1Q2Q3Q4FYQ1Q2Q3Q4FY
20202.7 (0.5)0.1 (1.3)1.0 20203.1 %-0.8 %0.2 %-1.9 %0.4 %
20210.8 (0.4)— (2.2)(1.8)20211.0 %-0.5 %— %-2.4 %-0.5 %
20222.1 3.4 (1.3)2.0 6.2 20222.2 %3.9 %-1.6 %2.2 %1.7 %
20234.4 5.4 2.9 2.6 15.3 20234.5 %5.6 %3.1 %3.0 %4.1 %
20243.3 4.0 6.2 20243.4 %3.9 %6.4 %



Nuvera
(in millions of $, except percentage data)
Revenues
Q1Q2Q3Q4FY
20201.4 0.7 0.7 1.1 3.9 
2021— 0.3 0.2 0.2 0.7 
20220.6 0.3 1.2 1.3 3.4 
20231.6 1.0 1.5 0.2 4.3 
20240.5 0.2 0.3 
Gross Profit (Loss) (1)
Q1Q2Q3Q4FY
2020(2.6)(3.2)(2.7)(3.7)(12.2)
2021(3.3)(2.5)(16.5)(4.4)(26.7)
2022(1.9)(1.6)(2.0)(1.7)(7.2)
2023(2.1)(1.8)(1.9)(2.4)(8.2)
2024(2.3)(2.5)(3.0)
Operating Expenses (2)
Q1Q2Q3Q4FY
20206.8 5.1 6.0 6.0 23.9 
20216.5 6.5 16.0 6.6 35.6 
20226.2 6.3 7.0 7.6 27.1 
20237.7 7.4 7.5 5.6 28.2 
20247.1 9.0 8.8 
Operating Profit (Loss) (1)(2)
Q1Q2Q3Q4FY
2020(9.4)(8.3)(8.7)(9.7)(36.1)
2021(9.8)(9.0)(32.5)(11.0)(62.3)
2022(8.1)(7.9)(9.0)(9.3)(34.3)
2023(9.8)(9.2)(9.4)(8.0)(36.4)
2024(9.4)(11.5)(11.8)
(1)During the third and fourth quarters of 2021, Nuvera reduced its inventory to its estimated net realizable value by $14.8 million and $1.3 million, respectively.
(2)During the third quarter of 2021, Nuvera recognized a $10.0 million impairment charge of property, plant and equipment.



v3.24.3
Cover Page Document
Nov. 05, 2024
Document Information [Line Items]  
Entity Registrant Name HYSTER-YALE, INC.
Entity Address, State or Province OH
Entity File Number 000-54799
Entity Address, Address Line One 5875 Landerbrook Drive, Suite 300
Written Communications false
City Area Code (440)
Soliciting Material false
Entity Address, Postal Zip Code 44124-4069
Local Phone Number 449-9600
Entity Address, City or Town Cleveland
Entity Tax Identification Number 31-1637659
Entity Incorporation, State or Country Code DE
Document Period End Date Nov. 05, 2024
Document Type 8-K
Title of 12(b) Security Class A Common Stock, $0.01 par value per share
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Trading Symbol HY
Amendment Flag false
Security Exchange Name NYSE
Entity Central Index Key 0001173514
Entity Emerging Growth Company false
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