Harley-Davidson, Inc.

Harley-Davidson, Inc.

HOGยทNYSE

$24.25

-0.41%
Consumer CyclicalAuto - Recreational Vehicles

Harley-Davidson, Inc. manufactures and sells motorcycles. The company operates in two segments, Motorcycles and Related Products and Financial Services. The Motorcycles and Related Products segment designs, manufactures, and sells Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, as well as motorcycle parts, accessories, apparel, and related services. This segment sells its products to retail customers through a network of independent dealers, as well as e-commerce channels in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific. The Financial Services segment provides wholesale financing services, such as floorplan and open account financing of motorcycles, and parts and accessories; and retail financing services, including installment lending for the purchase of new and used Harley-Davidson motorcycles, as well as point-of-sale protection products comprising motorcycle insurance, extended service contracts, and motorcycle maintenance protection. This segment also licenses third-party financial institutions that issue credit cards bearing the Harley-Davidson brand. Harley-Davidson, Inc. was founded in 1903 and is based in Milwaukee, Wisconsin.

At a Glance

Live Snapshot
Market Cap$2.55B
EPS2.8200
P/E Ratio8.60
Earnings Date07/29/2026
3Y+4.0%
5Y-52.0%
10Y-52.0%
3Y-589.0%
5Y-5758.0%
10Y-1062.0%
3Y+1390.0%
5Y-319.0%
10Y+310.0%
HOG

Harley-Davidson, Inc. Cash Conversion Engine

HOG ยท NYSE
Net Income338.74M
Depreciation & Amortization172.37M
Stock-Based Compensation0.00
Change in Working Capital255.02M
Others-281.35M
Capital Expenditures-153.68M
Free Cash Flow415.24M

Cash Flow Quality Analysis

FCF Conversion Rate

122.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

27.0%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-52.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$255.02M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Harley-Davidson, Inc. Cash Flow Statement

HOG โ€ข NYSE

Harley-Davidson, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
338.7M
445.2M
706.6M
741.4M
650M
1.3M
423.6M
531.5M
521.8M
692.2M
752.2M
844.6M
734M
623.9M
548.1M
259.7M
70.6M
654.7M
933.8M
1B
172.4M
160.7M
158.1M
151.9M
165.2M
185.7M
232.5M
264.9M
222.2M
209.6M
198.1M
179.3M
167.1M
169M
191.2M
274.8M
246.3M
242.3M
204.2M
213.8M
84.1M
-26.3M
-30.1M
-15.9M
-7.7M
-44.1M
21.5M
-34M
50.9M
-165K
-16.5M
-7.6M
52.6M
128.5M
87.9M
-17.6M
6.9M
-49.4M
-60.5M
-39.8M
0.0
49M
82.9M
54.4M
42.2M
23.5M
33.7M
35.5M
32.5M
32.3M
29.4M
37.9M
41.2M
40.8M
38.2M
30.4M
17.6M
24.5M
0.0
0.0
-281.3M
336.8M
-187M
5.1M
195.2M
833.1M
215.2M
203.5M
233.8M
195.7M
145.2M
137M
77.9M
-55M
-62.1M
338.5M
314.8M
-1.5B
-230.8M
-436.6M
(0.0)
(111.1M)
(237.7M)
(244.4M)
(155.6M)
(30.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(85M)
(0.0)
(123.2M)
(414M)
(568.8M)
(0.0)
255M
98.5M
24.3M
-388.4M
-69.2M
178.4M
-58.4M
204.5M
-56M
44.7M
-8.4M
-44.6M
-95.6M
-114.1M
82.1M
206.5M
-47.3M
-80.3M
-48.5M
-18.8M
568.9M
1.1B
754.9M
548.5M
975.7M
1.2B
868.3M
1.2B
1B
1.2B
1.1B
1.1B
977.1M
793.1M
885.3M
1.1B
609M
-684.6M
798.1M
761.8M
INVESTING ACTIVITIES
-153.7M
-196.6M
-207.4M
-151.7M
-120.2M
-131.1M
-181.4M
-213.5M
-206.3M
-256.3M
-260M
-232.3M
-208.3M
-189M
-189M
-170.8M
-116.7M
-232.2M
-242.1M
-219.6M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-7M
(0.0)
(0.0)
(0.0)
-59.9M
(0.0)
(5M)
(5M)
-138M
-84.2M
(1.4B)
-95.6M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(181.4M)
-10M
(0.0)
(0.0)
(0.0)
(0.0)
-5M
-5M
-2.8B
-100.1M
-1.4B
-608.6M
-467.6M
-970.9M
3.8B
0.0
0.0
0.0
0.0
0.0
10M
0.0
6.9M
40M
11.5M
41M
35.1M
18.3M
2.9B
84.2M
61.2M
545.3M
1.1B
1.2B
121.5M
-186.8M
-304.9M
-621.3M
-339.3M
64.3M
-511.1M
-438.7M
-363.1M
-176.5M
-607.5M
-553.3M
-395.7M
-90.6M
138M
416.4M
-807.9M
-2.2M
-24.4M
-69.2M
(3.8B)
-383.3M
-512.3M
-773M
-459.4M
-66.8M
-508.1M
-662.3M
-562.5M
-392.7M
-915.8M
-744.7M
-568.9M
-261.3M
-63.5M
(145.4M)
-863.5M
-393.2M
(391.2M)
-35.3M
FINANCING ACTIVITIES
-353.3M
-459.8M
-364M
-338.6M
-11.6M
-8M
-296.5M
-390.6M
-465.3M
-465.3M
-1.5B
-615.6M
-479.2M
-311.6M
-224.5M
-1.7M
-1.9M
-250.4M
-1.1B
-936.2M
-2.6B
-123.4M
153.9M
91.2M
-2B
1.4B
-182.1M
618.1M
155.5M
-78.3M
1.4B
245.7M
160M
-637.4M
-46.8M
-1.8B
1.6B
1.8B
351.9M
493.1M
-86.4M
-91.2M
-96.3M
-93.2M
-92.4M
-68.1M
-237.2M
-245.8M
-251.9M
-252.3M
-249.3M
-238.3M
-187.7M
-141.7M
-111M
-94.1M
-93.8M
-302.3M
-260.8M
-212.9M
-353.3M
-459.8M
-364M
-338.6M
-11.6M
-8M
-296.5M
-390.6M
-465.3M
-465.3M
-1.5B
-615.6M
-479.2M
-311.6M
-224.5M
-1.7M
-1.9M
-250.4M
-1.2B
-1.1B
-8.9M
102.1M
131.8M
138.7M
212.6M
80M
3.6M
3.5M
0.0
61.5M
14.9M
34.3M
113.7M
100.7M
73.4M
89.3M
-167.5M
1.5M
3.1M
18.9M
-3B
-572.3M
-174.6M
-202M
-1.9B
1.4B
-712.2M
-14.8M
-541.8M
-734.4M
-354.1M
-536.1M
-393.2M
-981.7M
-308.9M
-1.9B
1.4B
1.3B
-1B
-637M
CASH FLOW SUMMARY
13.5M
-16.1M
1.7M
-19.5M
-15.3M
18.7M
-2.3M
-15.4M
26.7M
-9.4M
-14.7M
-25.9M
-16.5M
-8.9M
-7.8M
4.9M
5.6M
-24.8M
12.9M
7.9M
1.4B
92M
69.6M
-446M
-1.4B
2.5B
-354.4M
513.5M
-72.5M
37.8M
-184.5M
-159.9M
-1.5M
-458.8M
505M
-614.6M
1B
190.7M
164.5M
97.4M
1.7B
1.6B
1.6B
2B
3.4B
905.4M
1.3B
746.2M
760M
722.2M
906.7M
1.1B
1.1B
1.5B
1B
1.6B
593.6M
402.9M
238.4M
141M
3.1B
1.7B
1.6B
1.6B
2B
3.4B
905.4M
1.3B
687.5M
760M
722.2M
906.7M
1.1B
1.1B
1.5B
1B
1.6B
593.6M
402.9M
238.4M
415.2M
867.3M
547.5M
396.8M
855.5M
1B
686.8M
992.4M
798.8M
918.1M
840.1M
914.4M
768.8M
604.1M
696.3M
921.5M
492.3M
-916.8M
556M
542.2M

SEC Filings

HOG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 09, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

March 06, 2026
March 06, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 10, 2026
February 09, 2026
2026
8-K

8-K 2025

N/A

December 10, 2025
December 10, 2025
2025
8-K

8-K 2025

N/A

December 05, 2025
December 05, 2025
2025
8-K

8-K 2025

N/A

November 06, 2025
October 31, 2025
2025
Showing 1 to 10 of 412 filings