| Hyster-Yale Materials Handling, through its operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names, mainly to independent Hyster® and Yale® retail dealerships. Co. owns a majority interest in Hyster-Yale Maximal Forklift (Zhejiang) Co., Ltd., which is a Chinese manufacturer of lift trucks and material handling equipment. Co. operates Bolzoni S.p.A., which is a designer, producer and distributor of a range of attachments, forks and lift tables marketed under the Bolzoni®, Auramo® and Meyer® brand names. We show 39 historical shares outstanding datapoints in our HY shares outstanding history coverage, used to compute HY market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HY market cap history over the course of time is important for investors
interested in comparing HY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HY versus a peer is one thing; comparing
HY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HY can fluctuate over the course of history.
With this page we aim to empower investors researching HY by allowing them to research the HY market cap history.