Stocktoria
HARLEY-DAVIDSON, INC. HOG
HARLEY-DAVIDSON, INC. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.5B | $5.2B | $5.8B | $5.8B | $5.3B | $4.1B | $5.4B | $5.7B | $5.6B | $6.0B |
| R&D expense | — | — | $159.3M | $158.6M | $175.1M | $202.4M | $216.5M | $191.6M | $175.2M | $172.3M |
| SG&A expense | $1.1B | $1.1B | $1.2B | $1.1B | $1.1B | $1.1B | $1.2B | $1.3B | $1.2B | $1.2B |
| Operating income | $386.6M | $416.6M | $779.1M | $909.3M | $823.4M | $9.7M | $555.6M | $713.5M | $882.1M | $1.0B |
| Interest expense | — | — | $30.8M | $31.2M | $31.0M | $31.1M | $31.1M | $30.9M | $31.0M | $29.7M |
| Income tax | $129.6M | $72.0M | $171.8M | $192.0M | $169.2M | -$17.0M | $133.8M | $155.2M | $342.1M | $331.7M |
| Net income | $338.7M | $455.4M | $706.6M | $741.4M | $650.0M | $1.3M | $423.6M | $531.5M | $521.8M | $692.2M |
| EPS (diluted) | $2.78 | $3.44 | $4.87 | $4.96 | $4.19 | $0.01 | $2.68 | $3.19 | $3.02 | $3.83 |
| Operating cash flow | $568.9M | $1.1B | $754.9M | $548.5M | $975.7M | $1.2B | $868.3M | $1.2B | $1.0B | $1.2B |
| Free cash flow | $415.2M | $867.3M | $547.5M | $396.8M | $855.5M | $1.0B | $686.8M | $992.4M | $798.8M | $918.1M |
| Cash & equivalents | $3.1B | $1.6B | $1.5B | $1.4B | $1.9B | $3.3B | $833.9M | $1.2B | $687.5M | $760.0M |
| Inventory | $730.9M | $745.8M | $930.0M | $951.0M | $712.9M | $523.5M | $603.6M | $556.1M | $538.2M | $499.9M |
| Total assets | $8.0B | $11.9B | $12.1B | $11.5B | $11.1B | $12.0B | $10.5B | $10.7B | $10.0B | $9.9B |
| Shareholders' equity | $3.2B | $3.2B | $3.3B | $2.9B | $2.6B | $1.7B | $1.8B | $1.8B | $1.8B | $1.9B |
Growth · year-over-year · Revenue CAGR -3.2%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -13.8% | -11.1% | +1.4% | +7.8% | +31.6% | -24.4% | -6.2% | +1.2% | -5.8% | +0.0% |
| Net income growth | -25.6% | -35.6% | -4.7% | +14.1% | +49978.9% | -99.7% | -20.3% | +1.9% | -24.6% | -8.0% |
| EPS growth | -19.2% | -29.4% | -1.8% | +18.4% | +41800.0% | -99.6% | -16.0% | +5.6% | -21.1% | +3.8% |
| Free cash flow growth | -52.1% | +58.4% | +38.0% | -53.6% | -18.3% | +52.4% | -30.8% | +24.2% | -13.0% | +9.3% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.