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. In the quarter to June 2026, revenue fell 5.86%, EPS fell 14.6%, free cash flow fell 53.2% and total debt fell 67.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
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Harley-Davidson, Inc. (HOG) P/E ratio
As of 9 October 2026, Harley-Davidson, Inc. (HOG) trades at a P/E ratio of 16.0×. Over the past ten years it has ranged from 5.0× (December 2025) to 4,257× (January 2021); the current reading is higher than 87% of that period. That is in line with the Recreational Vehicles industry median of 16.6× and below the Consumer Cyclical sector median of 17.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 7.7× | (13.77%) |
| FY2024 | 9.0× | 21.33% |
| FY2023 | 7.4× | (9.95%) |
| FY2022 | 8.2× | (7.89%) |
| FY2021 | 8.9× | (99.76%) |
| FY2020 | 3,670× | 26,248.29% |
| FY2019 | 13.9× | 29.82% |
| FY2018 | 10.7× | (38.38%) |
| FY2017 | 17.4× | 13.14% |
| FY2016 | 15.4× | 23.07% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 14.6× | 30.33% |
| Mar 2026 | 11.2× | 44.48% |
| Dec 2025 | 7.7× | 15.29% |
| Sep 2025 | 6.7× | (44.58%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| BC Brunswick Corporation compare | n/m |
| MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare | n/m |
| PII Polaris Inc. compare | n/m |
| LCII LCI Industries compare | 9.0× |
| PATK Patrick Industries, Inc. compare | 13.9× |
| HOG Harley-Davidson, Inc. | 16.0× |
| WGO Winnebago Industries, Inc. compare | 17.2× |
| THO Thor Industries, Inc. compare | 18.8× |
| DOO BRP Inc. compare | 46.5× |
| Recreational Vehicles industry median | 16.6× |
| Consumer Cyclical sector median | 17.2× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)