stockrowHarley-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
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Harley-Davidson, Inc. (HOG) Operating cash flow
Harley-Davidson, Inc.'s operating cash flow for fiscal 2025 was $568.9M, down 46.5% from $1.1B in fiscal 2024. Over the twelve months to 30 September 2026 it was $428.0M. Over the past ten years it has ranged from $548.5M (fiscal 2022) to $1.2B (fiscal 2018); the current reading is higher than 18% of that period. Harley-Davidson, Inc. ranks 4th of 18 Recreational Vehicles companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $568.9M | (46.52%) |
| FY2024 | $1.1B | 40.93% |
| FY2023 | $754.9M | 37.64% |
| FY2022 | $548.5M | (43.79%) |
| FY2021 | $975.7M | (17.17%) |
| FY2020 | $1.2B | 35.66% |
| FY2019 | $868.3M | (28.00%) |
| FY2018 | $1.2B | 19.98% |
| FY2017 | $1.0B | (14.41%) |
| FY2016 | $1.2B | 6.75% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Sep 2026 | $335.6M | 99.37% |
| Jun 2026 | $168.3M | — |
| Mar 2026 | −$228.0M | — |
| Dec 2025 | $152.0M | — |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| DOO BRP Inc. compare | $1.1B |
| BC Brunswick Corporation compare | $569.3M |
| PII Polaris Inc. compare | $470.5M |
| HOG Harley-Davidson, Inc. | $428.0M |
| THO Thor Industries, Inc. compare | $321.2M |
| LCII LCI Industries compare | $316.1M |
| PATK Patrick Industries, Inc. compare | $277.4M |
| WGO Winnebago Industries, Inc. compare | $168.7M |
| MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare | $30.5M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
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