Harley-Davidson, Inc. (HOG)

Harley-Davidson Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-	329.15	445.18	695.05	-	-
Depreciation & Amortization	-	231.09	245.38	256.34	-	-
Stock-Based Compensation	-	31.75	49.01	82.9	-	-
Other Adjustments	-	-79.96	178.93	84.03	-	-
Change in Receivables	-	32.65	19.78	-11.44	-	-
Changes in Inventories	-	47.58	164.61	21.26	-	-
Changes in Accounts Payable	-	125.56	-55.44	28.57	-	-
Changes in Other Operating Activities	-	-148.88	16.39	-401.81	-	-
Operating Cash Flow	199.37	568.92	1,064	754.89	548.46	975.7
Operating Cash Flow Growth	-81.90%	-46.52%	40.93%	37.64%	-43.79%	-17.16%
Capital Expenditures	-155.5	-153.68	-196.56	-207.4	-151.67	-120.18
Other Investing Activities	-39.46	3,932	-186.77	-304.9	-621.34	-339.27
Investing Cash Flow	3,625	3,779	-383.33	-512.3	-773.01	-459.45
Short-Term Debt Issued	1.54	13.4	232.65	149.58	464.26	-161.39
Short-Term Debt Repaid	-606.52	-671.53	-258.08	-237.37	-302.92	-261.37
Net Short-Term Debt Issued (Repaid)	-604.98	-658.13	-25.43	-87.8	161.34	-422.75
Long-Term Debt Issued	248.9	1,593	1,641	2,492	2,323	1,170
Long-Term Debt Repaid	-3,115	-3,497	-1,739	-2,250	-2,393	-2,741
Net Long-Term Debt Issued (Repaid)	-2,866	-1,904	-97.96	241.65	-70.18	-1,571
Repurchase of Common Stock	-330.19	-353.27	-459.83	-363.99	-338.63	-11.62
Net Common Stock Issued (Repurchased)	-330.19	-353.27	-459.83	-363.99	-338.63	-11.62
Common Dividends Paid	-85.01	-86.39	-91.22	-96.31	-93.18	-92.43
Other Financing Activities	-37.26	-8.9	102.13	131.8	138.69	212.6
Financing Cash Flow	-4,120	-3,010	-572.32	-174.65	-201.97	-1,885
Effect of Exchange Rate Changes on Cash and Cash Equivalents	2.88	13.49	-16.15	1.7	-19.53	-15.27
Net Cash Flow	-584.4	2,702	184.09	139.27	-892.08	-2,768
Free Cash Flow	43.87	415.24	867.27	547.48	396.79	855.52
Free Cash Flow Growth	-89.44%	-52.12%	58.41%	37.98%	-53.62%	-18.28%
FCF Margin	1.02%	9.28%	16.72%	9.38%	6.89%	16.03%
Free Cash Flow Per Share	0.37	3.42	6.56	3.77	2.66	5.52
Levered Free Cash Flow	-3,396	-2,121	506.34	557.39	680.89	-1,464
Unlevered Free Cash Flow	16.55	379.08	533.03	321.61	570.12	533.18

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q