Harley-Davidson, Inc. (HOG)
NYSE: HOG · Real-Time Price · USD
26.19
-0.32 (-1.21%)
Aug 5, 2026, 4:00 PM EDT - Market closed

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
3,0094,4735,1875,8365,7555,336
Revenue Growth
-32.75%-13.76%-11.13%1.41%7.85%31.62%
Gross Profit
995.021,7312,1812,5142,3512,093
Operating Income
213.2386.64416.63779.08909.28823.44
Net Income
202.64338.74455.36706.59741.41650.02
Earnings Per Share
1.632.783.444.874.964.19
EPS Growth
-15.54%-19.19%-29.36%-1.81%18.38%41800.00%

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
355.1668.49890.84802.08693.62671.71
Other HDFS
240.65200.71147.7151.51127.01124.36
Revenue (Total)
3,0094,4735,1875,8365,7555,336

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,8963,0921,7251,6381,5692,004
Total Debt
2,5093,3177,1817,4317,0196,991
Net Cash (Debt)
-613.09-224.79-5,456-5,792-5,450-4,988
Net Cash Growth
------
Net Cash Per Share
-5.39-1.85-41.24-39.92-36.49-32.18

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
33.06%38.71%42.05%43.08%40.86%39.22%
Operating Margin
7.08%8.64%8.03%13.35%15.80%15.43%
Pretax Margin
9.57%10.26%9.97%14.85%16.18%15.35%
Profit Margin
6.50%7.36%8.58%11.91%12.84%12.18%
FCF Margin
-4.42%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
2.86%3.51%2.30%1.84%1.51%1.59%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.747.378.767.568.399.00
Forward PE
19.6414.388.478.508.8410.06
P/FCF Ratio
-5.514.329.5815.296.77
PS Ratio
0.650.510.720.901.051.08