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) P/E ratio

Alert me on P/E ratio

Harley-Davidson, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 4,257× (January 2021) — the current reading is the lowest in ten years.

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
Sep 2026 0.0× —
Jun 2026 14.6× 30.33%
Mar 2026 11.2× 44.48%
Dec 2025 7.7× 15.29%
43 more quarters

Against its own ten years

Low 0.0× High 4,257×
Ten-year median 12.5×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
PII Polaris Inc. compare n/m
HOG Harley-Davidson, Inc. n/m
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare n/m
LCII LCI Industries compare 11.8×
PATK Patrick Industries, Inc. compare 19.8×
THO Thor Industries, Inc. compare 23.3×
BC Brunswick Corporation compare 24.4×
WGO Winnebago Industries, Inc. compare 26.6×
DOO BRP Inc. compare 55.4×
Recreational Vehicles industry median 23.8×
Consumer Cyclical sector median 17.9×
Market median 18.6×

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)

The full definition of P/E ratio →

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