Hyster-Yale Materials Handling, Inc. (HY) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -32.9M | 56.5M | 37.1M | 28.9M | -36.4M | 80.7M | 70.1M | -2.5M | 22.4M | 45.6M | 60.3M | 35.8M | 9M | 6.3M | 34.1M | -58.9M | 59.1M | -61.7M | -91.1M | -53.6M |
| Operating CF Margin % | -4.14% | 6.12% | 3.79% | 3.02% | -4% | 7.56% | 6.9% | -0.21% | 2.12% | 4.44% | 6.02% | 3.28% | 0.9% | 0.64% | 4.06% | -6.58% | 7.14% | -7.44% | -12.18% | -7% |
| Operating CF Growth % | 9.62% | -29.99% | -47.08% | 1256% | -262.5% | 76.97% | 16.25% | -106.98% | 148.89% | 623.81% | 76.83% | 160.78% | -84.77% | 110.21% | 137.43% | -9.89% | 225.48% | -167.95% | -203.41% | -259.05% |
| Net Income | -30.5M | -51.6M | -2.3M | -13.4M | 8.7M | 10.3M | 17.8M | 63.3M | 51.8M | 25.2M | 35.8M | 38.8M | 26.6M | 7.9M | -37.3M | -18.7M | -24.2M | -103.3M | -77.2M | 1.9M |
| Depreciation & Amortization | 11.3M | 11.7M | 11.6M | 11.8M | 11M | 12.1M | 11.7M | 12.7M | 11.7M | 11.7M | 11.6M | 11.3M | 11.5M | 10.4M | 11.3M | 11M | 11.1M | 11.9M | 11.7M | 13.6M |
| Stock-Based Compensation | 4.4M | -800K | 2.1M | 2.7M | 3.5M | 1.7M | 4.5M | 8.2M | 9.2M | 15.3M | 3.2M | 5.9M | 4.9M | 2.7M | 1.1M | 900K | 1.7M | 500K | -200K | 200K |
| Deferred Taxes | -300K | -1.8M | 0 | -200K | 1.3M | 0 | -300K | 0 | -500K | 0 | 0 | -900K | 0 | 2M | 0 | -100K | -1.6M | 0 | 0 | 0 |
| Other Non-Cash Items | -17.8M | 33.4M | 2.4M | 20.3M | 12.6M | -33.5M | 15.7M | -51.7M | 8.9M | -10.3M | -26M | 9.8M | 25M | 12.2M | 1.6M | 2.7M | 3.5M | 44.1M | 69.2M | 6.6M |
| Working Capital Changes | 0 | 65.6M | 23.3M | 7.7M | -73.5M | 90.1M | 20.7M | -35M | -58.7M | 3.7M | 35.7M | -29.1M | -59M | -28.9M | 57.4M | -54.7M | 68.6M | -14.9M | -94.6M | -75.9M |
| Change in Receivables | 20M | 35.2M | -17.1M | 15.2M | -8M | 24M | 45.7M | -55.7M | -28.2M | 25M | 57.2M | -42.7M | -12.7M | -48.2M | 59.1M | -67.4M | -33M | 16M | -13.9M | -18.9M |
| Change in Inventory | -8.5M | 106.8M | 38.2M | 18.4M | -6.8M | 76.8M | -50.5M | 46.6M | -37.6M | 17.6M | -2.1M | 28.3M | -48.1M | 4.5M | -11.1M | 9.3M | -41.8M | -27.8M | -89.5M | -84.3M |
| Change in Payables | 10.9M | -76.2M | 0 | -19.1M | 11.3M | 0 | 13.6M | 0 | 45.3M | 0 | 0 | -31.7M | 0 | 36.3M | 0 | -26.8M | 72M | 0 | 0 | 0 |
| Cash from Investing | -9.3M | -22.9M | -14.2M | -15.3M | -10.3M | -16.9M | -12M | -11.7M | -7M | -14.7M | -7.9M | -6.9M | -5M | -8.2M | -4.3M | -13.6M | -9.3M | -14.4M | -10.9M | -8.7M |
| Capital Expenditures | 0 | -23.6M | -14.5M | -13.8M | -10.6M | -17.9M | -10.2M | -12.2M | -7.5M | -16.5M | -8.3M | -7.3M | -3.3M | -9.1M | -4.4M | -5.6M | -9.7M | -14.8M | -11.4M | -10.4M |
| CapEx % of Revenue | - | 2.56% | 1.48% | 1.44% | 1.16% | 1.68% | 1% | 1.04% | 0.71% | 1.61% | 0.83% | 0.67% | 0.33% | 0.92% | 0.52% | 0.63% | 1.17% | 1.78% | 1.52% | 1.36% |
| Acquisitions | 0 | 0 | 0 | -1.5M | 0 | 0 | -2.2M | 0 | 0 | 0 | 0 | 0 | -3.2M | 400K | 0 | -8.4M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -9.3M | 700K | 300K | 0 | 300K | 1M | 400K | 500K | 500K | 1.8M | 400K | 400K | 1.5M | 400K | 100K | 400K | 400K | 400K | 500K | 1.7M |
| Cash from Financing | 1.3M | 17.6M | -18.1M | -26.2M | 25.9M | -37.9M | -50.8M | 19.1M | -30.5M | -31.4M | -40.2M | -26.4M | -2.5M | -9M | -35.4M | 84.4M | -50.9M | 78.9M | 77.2M | 45.5M |
| Debt Issued (Net) | 0 | 24.1M | 7.5M | -16.5M | 36.6M | -3.1M | -44.7M | -12.2M | -15.7M | -6.2M | -3.7M | -19M | 1.4M | -3.6M | 2.6M | 90.1M | -45.5M | -1.4M | 4.4M | 57.2M |
| Equity Issued (Net) | 0 | 0 | -100K | 100K | -4.5M | -4.9M | 0 | 0 | -9.1M | 0 | 0 | 0 | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -9.1M | -6.5M | -6.3M | -6.4M | -6.2M | -6.1M | -6.1M | -6.1M | -5.7M | -5.6M | -5.6M | -5.5M | -5.6M | -5.4M | -5.5M | -5.5M | -5.4M | -5.4M | -5.5M | -5.4M |
| Share Repurchases | 0 | 0 | -100K | 100K | -4.5M | -4.9M | 0 | 0 | -9.1M | 0 | 0 | 0 | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 10.4M | 0 | -19.2M | -3.4M | 0 | -23.8M | 0 | 37.4M | 0 | -19.6M | -30.9M | -1.9M | 1.8M | 0 | -32.5M | -200K | 0 | 85.7M | 78.3M | -6.3M |
| Net Change in Cash | 0 | 52.1M | 4.2M | -10.3M | -19.4M | 21M | 9.1M | 4.3M | -16.6M | 600K | 12.5M | 1.1M | 5.6M | -9.6M | -7M | 10.5M | -400K | 4.1M | -26.1M | -15.5M |
| Free Cash Flow | -32.9M | 32.9M | 22.6M | 15.1M | -47M | 62.8M | 59.9M | -14.7M | 14.9M | 29.1M | 52M | 28.5M | 5.7M | -2.8M | 29.7M | -64.5M | 49.4M | -76.5M | -102.5M | -64M |
| FCF Margin % | -4.14% | 3.56% | 2.31% | 1.58% | -5.16% | 5.88% | 5.9% | -1.26% | 1.41% | 2.83% | 5.19% | 2.61% | 0.57% | -0.28% | 3.54% | -7.2% | 5.97% | -9.22% | -13.7% | -8.36% |
| FCF Growth % | 30% | -47.61% | -62.27% | 202.72% | -415.44% | 115.81% | 15.19% | -151.58% | 161.4% | 1139.29% | 75.08% | 144.19% | -88.46% | 96.34% | 128.98% | -0.78% | 190.15% | -200.26% | -226.86% | -399.07% |
| FCF per Share | -1.85 | 1.86 | 1.28 | 0.85 | -2.65 | 3.54 | 3.37 | -0.83 | 0.85 | 1.66 | 2.99 | 1.65 | 0.33 | -0.16 | 1.76 | -3.81 | 2.93 | -4.55 | -6.09 | -3.80 |
| FCF Conversion (FCF/Net Income) | 1.08x | -1.08x | -16.13x | -2.08x | -4.23x | 7.83x | 4.08x | -0.04x | 0.43x | 1.81x | 1.68x | 0.93x | 0.34x | 0.83x | -0.91x | 3.04x | -2.36x | 0.60x | 1.18x | -28.21x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 34.5M | 0 | 0 | 0 | 36.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.5M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |