Hyster-yale, Inc. · NYSE:HY
Hyster-yale — Q1 2025 Earnings Presentation
8 slides from Hyster-yale's earnings presentation, May 31, 2025
Slide 1: Appendix
NJ Appendix
Slide 2: Reconciliations
Reconciliations Working capital percentage of sales, Return on total capital employed, Adjusted EBITDA, Adjusted operating profit (loss) and Adjusted net income (loss) are not measurements under U.S. GAAP, should not be considered in isolation or as a substitute for GAAP measures, and are not necess
Slide 3: Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss)
Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) ($M) Lift Truck(1) Bolzoni(1) Nuvera(1) Consolidated Operating profit (loss) $ 30.2 $ 0.6 $ (9.9) $ 21.3 Restructuring and impairment charges $0.2 -- -- $0.2 Q1 2025 Adjusted operating profit (loss) $30.4 $0.6 $(9.9)
Slide 4: Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) continued
Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) continued HY LIFT TRUCK 2021 2021 Operating profit (loss) $(152.3) $(86.9) Impairment charges(1) $81.7 $55.6 Adjusted operating profit (loss) $(70.6) $(31.3) Net income (loss) $(173.0) Impairment charges(1) $70.0 Tax
Slide 5: Working Capital Percentage of Sales Calculation
Working Capital Percentage of Sales Calculation 2021 2022 2023 2024 Q1 2025 Accounts receivable $457.4 $523.6 $497.5 $488.4 506.1 Inventory 781 799.5 815.7 754.3 772.7 Accounts payable (541.4) (607.4) (530.2) (455.5) $(474.1) Net Working Capital(1) $697.0 $715.7 $783.0 $787.2 $804.7 Consolidated Rev
Slide 6: Reconciliation of ROTCE
Reconciliation of ROTCE Q1 2025 ($M) 2021(1) 2022(1) 2023(1) 2024(1) LTM(1) Average Stockholders' Equity $ 525.5 $ 241.9 $ 288.9 $ 454.4 $ 478.6 Average Debt $ 373.4 $ 535.2 $ 532.2 $ 476.0 $ 474.0 Average Cash $ (93.8) $ (66.8) $ (69.3) $ (75.9) $ (75.6) Average capital employed 805.1 710.3 751.8 8
Slide 7: Reconciliation of Adjusted EBITDA
Reconciliation of Adjusted EBITDA ($M) Year Ended December 31 Qtr. Qtr. Consolidated 2021 2022 2023 2024 2025 LTM* 3/31/2025 3/31/2024 Reconciliation of Adjusted EBITDA Net income (loss) attributable to stockholders $(173.0) $(74.1) $125.9 $142.3 $99.4 $8.6 $51.5 Noncontrolling interest income and d
Slide 8: Reconciliation of Adjusted EBITDA continued
Reconciliation of Adjusted EBITDA continued ($M) Year Ended December 31 Qtr. Bolzoni 2021 2022 2023 2024 2025 LTM* 3/31/2025 Reconciliation of Adjusted EBITDA Operating profit (loss) $(1.8) $6.2 $15.3 $9.1 $6.4 $0.6 Other income (expense) 0.5 0.3 (0.5) — 0.3 0.3 Depreciation and amortization expense