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) Return on equity

Alert me on Return on equity

Harley-Davidson, Inc.'s return on equity over the twelve months to 30 September 2026 was 0.00%, down 10.7 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from 0.07% (fiscal 2020) to 36.8% (fiscal 2016); the current reading is higher than 18% of that period. That is in line with the Recreational Vehicles industry median of 0.00% and below the Consumer Cyclical sector median of 3.20%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 10.7% (3.48)
FY2024 14.2% (8.73)
FY2023 22.9% (4.22)
FY2022 27.2% (3.24)
FY2021 30.4% 30.33
FY2020 0.07% (23.61)
FY2019 23.7% (5.70)
FY2018 29.4% 1.66
FY2017 27.7% (9.10)
FY2016 36.8% 5.14

Against its own ten years

Low 0.07% High 36.8%
Ten-year median 27.2%
Current reading's percentile 18

Return on equity against peers

Company Return on equity
DOO BRP Inc. compare 28.2%
LCII LCI Industries compare 14.1%
THO Thor Industries, Inc. compare 4.15%
WGO Winnebago Industries, Inc. compare 2.80%
HOG Harley-Davidson, Inc. 0.00%
BC Brunswick Corporation compare 0.00%
PATK Patrick Industries, Inc. compare 0.00%
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare −0.59%
PII Polaris Inc. compare −20.6%
Recreational Vehicles industry median 0.00%
Consumer Cyclical sector median 3.20%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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