Harley-Davidson Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 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
Market Capitalization	2,013	2,421	3,836	5,131	6,081	5,800
Market Cap Growth	-39.44%	-36.90%	-25.23%	-15.63%	4.86%	3.10%
Enterprise Value	3,721	6,406	10,438	11,301	12,398	11,912
Last Close Price	18.00	20.49	29.29	35.13	38.93	34.72
PE Ratio	6.47	7.15	8.43	7.26	8.20	8.92
Forward PE	62.55	14.38	8.47	8.50	8.84	10.06
PS Ratio	0.45	0.54	0.74	0.88	1.06	1.09
PB Ratio	0.65	0.77	1.22	1.58	2.09	2.27
P/TBV Ratio	0.65	0.77	1.24	1.61	2.15	2.34
P/FCF Ratio	4.85	5.83	4.42	9.37	15.33	6.78
P/OCF Ratio	3.54	4.26	3.61	6.80	11.09	5.94
PEG Ratio	-	-	41.33	2.04	0.96	0.22
EV/Sales Ratio	0.83	1.43	2.01	1.94	2.15	2.23
EV/EBITDA Ratio	5.99	11.54	16.34	11.15	11.20	11.92
EV/EBIT Ratio	8.30	16.57	21.83	13.22	12.99	14.28
EV/FCF Ratio	8.96	15.43	12.04	20.64	31.25	13.92
Debt / Equity Ratio	0.94	0.94	2.23	2.21	2.39	2.72
Debt / EBITDA Ratio	5.35	5.35	10.53	6.92	6.14	6.77
Debt / FCF Ratio	7.15	7.15	8.10	13.14	17.53	8.11
Net Debt / Equity Ratio	-0.04	-0.04	1.86	1.86	2.03	2.28
Net Debt / EBITDA Ratio	-0.22	-0.22	9.22	5.96	5.33	5.81
Net Debt / FCF Ratio	-0.30	-0.30	6.79	11.02	14.87	6.79
Asset Turnover	0.45	0.45	0.43	0.49	0.51	0.46
Inventory Turnover	3.71	3.71	3.59	3.53	4.09	5.25
Quick Ratio	1.72	1.72	1.08	1.16	0.98	1.05
Current Ratio	2.10	2.10	1.41	1.53	1.34	1.36
Return on Equity (ROE)	10.42%	10.42%	13.89%	22.57%	27.08%	30.40%
Return on Assets (ROA)	2.43%	2.43%	2.49%	4.52%	5.29%	4.52%
Return on Invested Capital (ROIC)	5.22%	4.58%	4.47%	7.55%	8.79%	7.15%
Return on Capital Employed (ROCE)	7.20%	7.20%	5.70%	9.80%	12.00%	10.80%
Earnings Yield	16.82%	13.99%	11.87%	13.77%	12.19%	11.21%
FCF Yield	20.62%	17.15%	22.61%	10.67%	6.53%	14.75%
Dividend Yield	4.00%	3.51%	2.35%	1.88%	1.62%	1.73%
Payout Ratio	26.17%	25.50%	20.03%	13.63%	12.57%	14.22%
Buyback Yield / Dilution	8.34%	8.34%	8.83%	2.84%	3.63%	-0.70%
Total Shareholder Return	12.25%	11.85%	11.19%	4.72%	5.25%	1.03%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q