Harley-Davidson, Inc. (BVMF:H1OG34)

Harley-Davidson Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,644	4,148	4,883	4,935	4,540	3,264
Other Revenue	1,020	1,039	953.59	820.63	796.07	790.32
Revenue	4,665	5,187	5,836	5,755	5,336	4,054
Revenue Growth (YoY)	-15.99%	-11.13%	1.41%	7.85%	31.62%	-24.38%
Cost of Revenue	2,760	3,006	3,322	3,404	3,243	2,436
Gross Profit	1,481	1,382	1,787	1,837	1,875	1,190
Selling, General & Admin	866.58	903.51	931.71	881.92	1,041	1,053
Operating Expenses	866.58	903.51	931.71	881.92	1,041	1,053
Operating Income	614.56	478.23	855.07	954.86	834.28	137.52
Interest Expense	-33.25	-30.75	-30.79	-31.24	-30.97	-31.12
Interest & Investment Income	45.46	58.96	46.77	4.54	6.69	7.56
Other Non Operating Income (Expenses)	2.69	10.7	-4.18	3.07	-1.32	-
EBT Excluding Unusual Items	629.46	517.14	866.88	931.23	808.68	113.96
Merger & Restructuring Charges	-	-	-	-	-	-130.01
Other Unusual Items	-	-	-	-	10.56	0.32
Pretax Income	629.46	517.14	866.88	931.23	819.24	-15.73
Income Tax Expense	136.18	71.96	171.83	192.02	169.21	-17.03
Earnings From Continuing Operations	493.28	445.18	695.05	739.21	650.02	1.3
Minority Interest in Earnings	7.87	10.18	11.54	2.19	-	-
Net Income	501.15	455.36	706.59	741.41	650.02	1.3
Net Income to Common	501.15	455.36	706.59	741.41	650.02	1.3
Net Income Growth	-16.20%	-35.55%	-4.70%	14.06%	49978.89%	-99.69%
Shares Outstanding (Basic)	123	131	142	148	154	153
Shares Outstanding (Diluted)	124	132	145	149	155	154
Shares Change (YoY)	-8.76%	-8.83%	-2.84%	-3.63%	0.70%	-2.47%
EPS (Basic)	4.07	3.46	4.96	5.01	4.23	0.01
EPS (Diluted)	4.04	3.44	4.87	4.96	4.19	0.01
EPS Growth	-8.24%	-29.36%	-1.81%	18.38%	49351.20%	-99.68%
Free Cash Flow	391.85	867.27	547.48	396.79	855.52	1,047
Free Cash Flow Per Share	3.16	6.56	3.77	2.66	5.52	6.80
Dividend Per Share	0.713	0.690	0.660	0.630	0.600	0.440
Dividend Growth	4.40%	4.54%	4.76%	5.00%	36.36%	-70.67%
Gross Margin	31.75%	26.64%	30.61%	31.92%	35.14%	29.36%
Operating Margin	13.18%	9.22%	14.65%	16.59%	15.63%	3.39%
Profit Margin	10.74%	8.78%	12.11%	12.88%	12.18%	0.03%
Free Cash Flow Margin	8.40%	16.72%	9.38%	6.89%	16.03%	25.82%
EBITDA	782	638.9	1,013	1,107	999.46	323.24
EBITDA Margin	16.76%	12.32%	17.36%	19.23%	18.73%	7.97%
D&A For EBITDA	167.44	160.67	158.11	151.94	165.19	185.72
EBIT	614.56	478.23	855.07	954.86	834.28	137.52
EBIT Margin	13.18%	9.22%	14.65%	16.59%	15.63%	3.39%
Effective Tax Rate	21.63%	13.92%	19.82%	20.62%	20.66%	-
Revenue as Reported	4,665	5,187	5,836	5,755	5,336	4,054
Advertising Expenses	-	136.7	131	105.6	107.6	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.