Hyster-Yale, Inc. Overview
Pro stress-test →Hyster-Yale is a global lift truck and materials handling solutions company headquartered in Cleveland, Ohio, operating through its Hyster, Yale, Nuvera, Maximal, Bolzoni, Auramo, and Meyer brands. The company designs, engineers, manufactures, sells, and services a broad line of lift trucks, attachments, parts, and related energy and automation solutions for customers worldwide.
Strategic Profile
Pro stress-test →In Q1 2026, the company reported consolidated revenue of $795.2 million (down 13% year-over-year) and an operating loss of $28.0 million that included approximately $30 million of gross tariff costs. The company has introduced new models designed to address growing demand for standard and value configurations in the core counterbalanced truck market, reflecting a shift toward lighter-duty and lower-priced trucks.
Competitive Landscape
Pro stress-test →Hyster-Yale plays a significant role in the lift truck market, designing, manufacturing, and selling materials handling equipment. The company competes in the industrial lift truck and materials handling equipment sector against established OEMs and regional manufacturers offering similar counterbalanced and specialized lift trucks.
Industry Context
Hyster-Yale, Inc. operates in Industrial lift trucks and materials handling equipment.
Key facts
Founded: 1929 · Headquarters: Cleveland, Ohio, US · Employees: Approximately 13,000 · Revenue: $795.2M (Q1 2026) · Market cap: $591M