Harley-Davidson, Inc. (HOG)
NYSE: HOG · Real-Time Price · USD
27.85
+0.36 (1.31%)
At close: Aug 26, 2026, 4:00 PM EDT
27.85
0.00 (0.00%)
After-hours: Aug 26, 2026, 7:00 PM EDT

Harley-Davidson Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,2404,4735,1875,8365,7555,336
Revenue Growth
-5.25%-13.76%-11.13%1.41%7.85%31.62%
Gross Profit
1,2061,3351,3821,7871,8371,875
Operating Income
270.28448.26478.23855.07954.86834.28
Net Income
202.64338.74455.36706.59741.41650.02
Earnings Per Share
1.782.783.444.874.964.19
EPS Growth
-7.75%-19.05%-29.36%-1.81%18.38%49351.20%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Motorcycles
2,7002,6583,1373,7993,7873,469
Parts and Accessories
602.96614.07651.96698.1731.65740.89
Apparel
216.6215.78237.27244.33271.11228.01
Licensing
25.0221.6722.7528.639.4237.79
Other HDMC
68.2369.1172.5974.5958.0129.05
LiveWire
31.1525.6726.3638.346.8335.81
Interest Income
354.62668.49890.84802.08693.62671.71
Other HDFS
241.17200.71147.7151.51127.01124.36
Revenue (Total)
4,2404,4735,1875,8365,7555,336

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,3171,3461,1381,1611,0551,128
Total Debt
2,3073,0547,0267,1966,9556,937
Net Cash (Debt)
-990.39-1,707-5,889-6,035-5,900-5,808
Net Cash Growth
------
Net Cash Per Share
-8.71-14.08-44.51-41.59-39.51-37.48

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-0.26568.921,064754.89548.46975.7
Capital Expenditures
-132.81-153.68-196.56-207.4-151.67-120.18
Free Cash Flow
-133.07415.24867.27547.48396.79855.52
Free Cash Flow Growth
--52.12%58.41%37.98%-53.62%-18.28%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
28.46%29.84%26.64%30.61%31.92%35.14%
Operating Margin
6.38%10.02%9.22%14.65%16.59%15.63%
Pretax Margin
6.79%10.26%9.97%14.85%16.18%15.35%
Profit Margin
4.78%7.57%8.78%12.11%12.88%12.18%
FCF Margin
-3.14%9.28%16.72%9.38%6.89%16.03%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.7500.7200.6900.6600.6300.600
Dividend Per Share Growth
4.26%4.35%4.54%4.76%5.00%36.36%
Dividend Yield
2.69%3.58%2.40%1.91%1.65%1.76%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.677.158.437.268.208.92
Forward PE
20.7114.388.478.508.8410.06
P/FCF Ratio
-5.834.429.3715.336.78
PS Ratio
0.680.540.740.881.061.09