Harley-Davidson, Inc.

HOG Consumer Cyclical Recreational Vehicles

Harley-Davidson, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, down 13.8% from fiscal 2024.

Revenue
−19.3%
EPS
−87.4%
Free cash flow
+344.7%
Total debt
−54.7%

Quarter to September 2026, against a year earlier

32.56 2.03 −5.87%
Market cap
$3.4B
P/E
0.0×
Fwd P/E
39.8×
Dividend yield
2.28%
F-score
7/9
Altman Z
2.10
Beneish M
−1.54
Dividend safety
86/100

Harley-Davidson, Inc. (HOG) Current ratio

Alert me on Current ratio

Harley-Davidson, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.0×, down 0.1× from fiscal 2025 (2.1×). Over the past ten years it has ranged from 1.2× (fiscal 2017) to 2.1× (fiscal 2025) — the current reading is the highest in ten years. That is above the Recreational Vehicles industry median of 1.7× and above the Consumer Cyclical sector median of 1.5×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.1× 49.62%
FY2024 1.4× (7.95%)
FY2023 1.5× 13.50%
FY2022 1.3× (1.23%)
FY2021 1.4× (7.28%)
FY2020 1.5× 11.66%
FY2019 1.3× 5.47%
FY2018 1.2× 1.33%
FY2017 1.2× (8.63%)
FY2016 1.3× (7.02%)

Quarterly newest first

Period Current ratio Change
Sep 2026 2.0× 3.52%
Jun 2026 1.9× (0.56%)
Mar 2026 1.9× (8.93%)
Dec 2025 2.1× (16.44%)
43 more quarters

Against its own ten years

Low 1.2× High 2.1×
Ten-year median 1.4×
Current reading's percentile 100

Current ratio against peers

Company Current ratio
LCII LCI Industries compare 2.8×
PATK Patrick Industries, Inc. compare 2.5×
WGO Winnebago Industries, Inc. compare 2.2×
HOG Harley-Davidson, Inc. 2.0×
THO Thor Industries, Inc. compare 1.8×
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 1.6×
BC Brunswick Corporation compare 1.5×
DOO BRP Inc. compare 1.2×
PII Polaris Inc. compare 1.1×
Recreational Vehicles industry median 1.7×
Consumer Cyclical sector median 1.5×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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