Harley-Davidson, Inc. (HOG)
NYSE: HOG · Real-Time Price · USD
26.72
+0.63 (2.41%)
At close: Aug 11, 2026, 4:00 PM EDT
27.05
+0.33 (1.24%)
After-hours: Aug 11, 2026, 7:36 PM EDT
Harley-Davidson Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 195.72 | 329.15 | 445.18 | 695.05 | - | - |
Depreciation & Amortization | 203.83 | 231.09 | 245.38 | 256.34 | - | - |
Stock-Based Compensation | 32.38 | 31.75 | 49.01 | 82.9 | - | - |
Other Adjustments | -204.36 | -79.96 | 178.93 | 84.03 | - | - |
Change in Receivables | 18.28 | 32.65 | 19.78 | -11.44 | - | - |
Changes in Inventories | 126.38 | 47.58 | 164.61 | 21.26 | - | - |
Changes in Accounts Payable | -5.18 | 125.56 | -55.44 | 28.57 | - | - |
Changes in Other Operating Activities | -423.43 | -148.88 | 16.39 | -401.81 | - | - |
Operating Cash Flow | -0.26 | 568.92 | 1,064 | 754.89 | 548.46 | 975.7 |
Operating Cash Flow Growth | - | -46.52% | 40.93% | 37.64% | -43.79% | -17.16% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -132.81 | -153.68 | -196.56 | -207.4 | -151.67 | -120.18 |
Other Investing Activities | -76.28 | 3,932 | -186.77 | -304.9 | -621.34 | -339.27 |
Investing Cash Flow | 3,602 | 3,779 | -383.33 | -512.3 | -773.01 | -459.45 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 108.4 | 13.4 | 232.65 | 149.58 | 464.26 | -161.39 |
Short-Term Debt Repaid | -526.15 | -671.53 | -258.08 | -237.37 | -302.92 | -261.37 |
Net Short-Term Debt Issued (Repaid) | -417.74 | -658.13 | -25.43 | -87.8 | 161.34 | -422.75 |
Long-Term Debt Issued | - | 1,593 | 1,641 | 2,492 | 2,323 | 1,170 |
Long-Term Debt Repaid | -2,123 | -3,497 | -1,739 | -2,250 | -2,393 | -2,741 |
Net Long-Term Debt Issued (Repaid) | -2,123 | -1,904 | -97.96 | 241.65 | -70.18 | -1,571 |
Repurchase of Common Stock | -360.52 | -353.27 | -459.83 | -363.99 | -338.63 | -11.62 |
Net Common Stock Issued (Repurchased) | -360.52 | -353.27 | -459.83 | -363.99 | -338.63 | -11.62 |
Common Dividends Paid | -82.84 | -86.39 | -91.22 | -96.31 | -93.18 | -92.43 |
Other Financing Activities | -22.89 | -8.9 | 102.13 | 131.8 | 138.69 | 212.6 |
Financing Cash Flow | -3,453 | -3,010 | -572.32 | -174.65 | -201.97 | -1,885 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -9.51 | 13.49 | -16.15 | 1.7 | -19.53 | -15.27 |
Net Cash Flow | 278.88 | 2,702 | 184.09 | 139.27 | -892.08 | -2,768 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -133.07 | 415.24 | 867.27 | 547.48 | 396.79 | 855.52 |
Free Cash Flow Growth | - | -52.12% | 58.41% | 37.98% | -53.62% | -18.28% |
FCF Margin | -3.14% | 9.28% | 16.72% | 9.38% | 6.89% | 16.03% |
Free Cash Flow Per Share | -1.17 | 3.42 | 6.56 | 3.77 | 2.66 | 5.52 |
Levered Free Cash Flow | -2,570 | -2,121 | 506.34 | 557.39 | 680.89 | -1,464 |
Unlevered Free Cash Flow | -86.29 | 379.08 | 533.03 | 321.61 | 570.12 | 533.18 |