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
−53.2%
Total debt
−54.7%

Quarter to September 2026, against a year earlier

32.95 1.73 +5.54%
Market cap
$3.3B
P/E
0.0×
Fwd P/E
39.8×
Dividend yield
2.25%
F-score
7/9
Altman Z
2.10
Beneish M
−1.54
Dividend safety
86/100

Harley-Davidson, Inc. (HOG) EV/Sales

Alert me on EV/Sales

As of 2 November 2026, Harley-Davidson, Inc. (HOG) trades at a EV/Sales of 0.9×. Over the past ten years it has ranged from 0.4× (March 2026) to 3.2× (May 2021); the current reading is higher than 7% of that period. That is above the Recreational Vehicles industry median of 0.8× and below the Consumer Cyclical sector median of 1.0×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 0.5× (70.55%)
FY2024 1.8× (2.88%)
FY2023 1.8× (8.09%)
FY2022 2.0× (0.77%)
FY2021 2.0× (27.68%)
FY2020 2.8× 19.79%
FY2019 2.3× 10.17%
FY2018 2.1× (22.12%)
FY2017 2.7× (2.61%)
FY2016 2.8× 8.94%

Quarterly newest first

Period EV/Sales Change
Sep 2026 0.7× 1.24%
Jun 2026 0.7× 16.43%
Mar 2026 0.6× 13.20%
Dec 2025 0.5× (63.65%)
43 more quarters

Against its own ten years

Low 0.4× High 3.2×
Ten-year median 2.2×
Current reading's percentile 8

EV/Sales against peers

Company EV/Sales
WGO Winnebago Industries, Inc. compare 0.5×
THO Thor Industries, Inc. compare 0.5×
PII Polaris Inc. compare 0.7×
LCII LCI Industries compare 0.8×
DOO BRP Inc. compare 0.9×
HOG Harley-Davidson, Inc. 0.9×
PATK Patrick Industries, Inc. compare 1.0×
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 1.1×
BC Brunswick Corporation compare 1.2×
Recreational Vehicles industry median 0.8×
Consumer Cyclical sector median 1.0×
Market median 2.2×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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