Harley-Davidson › Financials
Harley-Davidson financials
HOGTen years from Harley-Davidson’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.00B | $5.65B | $5.72B | $5.36B | $4.05B | $5.34B | $5.76B | $5.84B | $5.19B | $4.47B | $4.24B | — |
| Operating income | $1.05B | $882.1M | $713.5M | $555.6M | $9.7M | $823.4M | $909.3M | $779.1M | $416.6M | $386.6M | $213.2M | — |
| Net income | $692.2M | $521.8M | $531.5M | $423.6M | $1.3M | $650.0M | $741.4M | $706.6M | $455.4M | $338.7M | $202.6M | — |
| Earnings per share, diluted | $3.83 | $3.02 | $3.19 | $2.68 | $0.01 | $4.19 | $4.96 | $4.87 | $3.44 | $2.78 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $760.0M | $687.5M | $1.20B | $833.9M | $3.26B | $1.87B | $1.43B | $1.53B | $1.59B | $3.09B | — | $1.90B |
| Total assets | $9.89B | $9.97B | $10.67B | $10.53B | $12.01B | $11.05B | $11.49B | $12.14B | $11.88B | $8.04B | — | $7.25B |
| Debt | $5.75B | $5.71B | $6.46B | $6.87B | $7.97B | $6.14B | $6.14B | $6.25B | $6.32B | $2.47B | — | $1.63B |
| Total liabilities | $7.97B | $8.13B | $8.89B | $8.72B | $10.29B | $8.50B | $8.59B | $8.89B | $8.72B | $4.89B | — | $4.13B |
| Shareholders' equity | $1.92B | $1.84B | $1.77B | $1.80B | $1.72B | $2.55B | $2.90B | $3.25B | $3.17B | $3.14B | — | $3.10B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.17B | $1.01B | $1.21B | $868.3M | $1.18B | $975.7M | $548.5M | $754.9M | $1.06B | $568.9M | −$255K | — |
| Capital spending | $256.3M | $206.3M | $213.5M | $181.4M | $131.1M | $120.2M | $151.7M | $207.4M | $196.6M | $153.7M | $132.8M | — |
| Free cash flow | $918.1M | $798.8M | $992.4M | $686.8M | $1.05B | $855.5M | $396.8M | $547.5M | $867.3M | $415.2M | −$133.1M | — |
| Buybacks | $465.3M | $465.3M | $390.6M | $296.5M | $8.0M | $11.6M | $338.6M | $364.0M | $459.8M | $353.3M | $360.5M | — |
| Dividends | $252.3M | $251.9M | $245.8M | $237.2M | $68.1M | $92.4M | $93.2M | $96.3M | $91.2M | $86.4M | $82.8M | — |
| Returned to shareholders | $717.7M | $717.1M | $636.4M | $533.7M | $76.1M | $104.0M | $431.8M | $460.3M | $551.1M | $439.7M | $443.4M | — |
| Stock-based pay | $32.3M | $32.5M | $35.5M | $33.7M | $23.5M | $42.2M | $54.4M | $82.9M | $49.0M | $31.7M | $32.4M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Harley-Davidson financials, answered
What is Harley-Davidson's market cap?
$2.78B at $26.76 a share, with 104,072,507 shares outstanding as of Jul 31, 2026, from the cover of its latest SEC filing.
How much does Harley-Davidson earn?
Revenue of $4.24B and net income of $202.6M in the last 12 months to Jun 2026.
How much debt does Harley-Davidson have?
Harley-Davidson reported $1.63B of debt and $1.90B of cash and equivalents on its balance sheet in Jun 2026.
Does Harley-Davidson make free cash flow?
No. Operating cash flow minus capital spending was -$133.1M in the last 12 months to Jun 2026.
How much cash does Harley-Davidson return to shareholders?
$439.7M in buybacks and dividends in fiscal 2025, from the cash flow statement.