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NYSE · Consumer discretionary

Harley-Davidson, Inc. (HOG)

Harley-Davidson, Inc. brought in $4B of revenue over the twelve months to September 30, 2026, down 14.6% from a year earlier. It posted a net loss of $132M. Operating cash flow minus capital spending left $415.2M of free cash flow in fiscal 2025. At September 30, 2026 it held $2.1B in cash against $1.9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.

Free, no password. An email when HOG files with the SEC.

Price
$34.20
+4.72% on the day · November 9, 2026
52-week range $17.09 to $34.84
Market cap
$3.6B
Revenue (last 12 months)
$4B
-14.6% year on year
Net margin
-3.3%
P/E
12.3
on FY2025 diluted EPS

Key facts about Harley-Davidson, Inc.

Net worth
Harley-Davidson, Inc. has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $4.5B (-13.8% year on year), with net income of $338.7M. Over the 12 months to September 30, 2026: revenue $4B, net loss $132M.
Cash flow
In fiscal 2025 operations brought in $568.9M of cash; after $153.7M of capital spending, free cash flow was $415.2M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Harley-Davidson, Inc.'s next report is expected around February 9, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
Harley-Davidson, Inc. paid dividends of $0.72 per share in fiscal 2025, a yield of 2.11% at the current price.

What Harley-Davidson, Inc. does

Harley-Davidson, Inc. is registered with the SEC under industry code SIC 3751 (Motorcycles, Bicycles & Parts). Its shares trade on NYSE under the ticker HOG.

Revenue and profit by year

Revenue
FY18: $5.7B $5.7B FY18FY19: $5.4B $5.4B FY19FY20: $4.1B $4.1B FY20FY21: $5.3B $5.3B FY21FY22: $5.8B $5.8B FY22FY23: $5.8B $5.8B FY23FY24: $5.2B $5.2B FY24FY25: $4.5B $4.5B FY25
Net income
FY18: $531.5M $531.5M FY18FY19: $423.6M $423.6M FY19FY20: $1.3M $1.3M FY20FY21: $650M $650M FY21FY22: $741.4M $741.4M FY22FY23: $706.6M $706.6M FY23FY24: $455.4M $455.4M FY24FY25: $338.7M $338.7M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$4.5B$386.6M$338.7M$2.78$415.2M
2024$5.2B$416.6M$455.4M$3.44$867.3M
2023$5.8B$779.1M$706.6M$4.87$547.5M
2022$5.8B$909.3M$741.4M$4.96$396.8M
2021$5.3B$823.4M$650M$4.19$855.5M
2020$4.1B$9.7M$1.3M$0.01$1B

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 9, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 10, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where HOG ranks in Consumer discretionary

Revenue$4.5B
#234 of 1077 in Consumer discretionary · Top 22%
Revenue growth-13.8%
#868 of 952 in Consumer discretionary · Bottom 9%
Net margin7.6%
#271 of 968 in Consumer discretionary · Top 28%
Free cash flow margin9.3%
#244 of 853 in Consumer discretionary · Top 29%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Dividends

Harley-Davidson, Inc. paid $0.72 per share in fiscal 2025. At the current price that is a yield of 2.11%. It paid out $86.4M in cash dividends, 26% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$0.72$86.4M26%
2024$0.69$91.2M20%
2023$0.66$96.3M14%
2022$0.63$93.2M13%
2021$0.60$92.4M14%
2020$0.44$68.1M5,246%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Harley-Davidson, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 6, 2026
  2. November 4, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue fell 19% to $1.1B versus the same quarter last year; diluted EPS $0.40 versus $3.10.
  3. October 29, 2026
  4. August 14, 2026
  5. August 11, 2026
  6. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue fell 5.9% to $1.2B versus the same quarter last year; diluted EPS $0.75 versus $0.88.
  7. July 31, 2026
  8. July 23, 2026
  9. July 23, 2026
  10. June 26, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 9, 2026. Insider transactions on SEC

What is HOG worth? A DCF from its reported cash flow

Insider trades

What the people running Harley-Davidson, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $80.8K worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$80.8K
last 90 days
Net sold
3,113
$80.8K
DateInsiderWhatSharesPriceValueFiling
November 5, 2026 Starrs ArtiePresident & CEO, Director Exercised options 80,285 - - Form 4
November 5, 2026 Starrs ArtiePresident & CEO, Director Shares withheld for tax 33,426 $34.59 $1.2M Form 4
October 1, 2026 Root Jonathan RCFO and CCO Soldpre-planned (10b5-1) 1,559 $24.43 $38.1K Form 4
September 24, 2026 Nova Daniel JDirector Exercised options 5,168 - - Form 4
September 1, 2026 Root Jonathan RCFO and CCO Soldpre-planned (10b5-1) 1,554 $27.46 $42.7K Form 4
August 11, 2026 Littleton GayleCLO, CCO, CAO & Corp Sec Bought 7,500 $26.38 $197.9K Form 4
August 10, 2026 Starrs ArtiePresident & CEO, Director Bought 10,000 $25.89 $258.9K Form 4
August 3, 2026 Root Jonathan RCFO and CCO Soldpre-planned (10b5-1) 1,554 $24.88 $38.7K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns HOG

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Donald Smith & CO., Inc.13G, passive with 1 related filers 8.8% 9,279,072 August 11, 2026
Dimensional Fund Advisors LP13G, passive 5.4% 6,835,139 January 23, 2025
Vanguard Portfolio Management13G, passive 5.38% 5,668,842 July 31, 2026
Vanguard Capital Management13G, passive 5.32% 5,955,697 April 30, 2026
American Century Investment Management, Inc.13G, passive with 2 related filers 5.1% 5,351,228 August 14, 2026

Latest filings below 5%: Fmr LLC 0% (May 6, 2026); The Vanguard Group 0% (March 27, 2026); Beutel, Goodman & Co Ltd. 4.7% (February 4, 2026); H Partners Management, LLC 4.7% (November 14, 2025); Boston Partners 3.22% (August 11, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 436 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.10,196,018$249.4M-409,784
Donald Smith & CO., Inc.9,279,072$227M-737,802
Dimensional Fund Advisors LP5,968,319$146M+123,378
Vanguard Portfolio Management LLC5,625,072$137.6M+341,498
American Century Companies Inc5,351,228$130.9M+594,794
Vanguard Capital Management LLC4,747,108$116.1M-313,854
FIFTHDELTA Ltd4,372,149$106.9M+2,241,849
State Street Corp4,236,174$103.6M+440,901
Geode Capital Management, LLC2,995,865$73.3M+710,288
Aqr Capital Management LLC2,615,019$63.8M+1,021,890
D. E. Shaw & Co., Inc.2,273,686$55.6M+1,130,141
Jane Street Group, LLC2,106,977$51.5M+1,271,639
Gate City Capital Management, LLC1,972,970$48.3M-296,446
UBS Group AG1,946,037$47.6M-909,177
Two Sigma Investments, LP1,858,544$45.5M-1,183,906
Bank of America Corp1,842,376$45.1M+106,998
Morgan Stanley1,836,693$44.9M-53,841
Third Avenue Management LLC1,480,880$36.2M+18,210
Invesco Ltd.1,380,067$33.8M+705,986
Aegis Financial Corp1,369,000$33.5M0

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

17 insiders reported holding 363,017 shares in total, about $12.4M at the last price.

HolderSharesAs of
Starrs ArtiePresident & CEO, Director 71,859 November 5, 2026
Nova Daniel JDirector 52,773 September 24, 2026
Alstead TroyDirector 41,249 May 14, 2026
Krause Paul JChief Legal Officer 30,012 May 11, 2026
Sylvester MaryroseDirector 27,890 May 14, 2026
Root Jonathan RCFO and CCO 24,733 October 1, 2026
Farley Jr James DDirector 22,220 May 14, 2026
Flees Lori AnnDirector 17,223 May 14, 2026
Termaat ToriChief Human Resources Officer 16,761 February 17, 2026
Koval GlenSVP Motorcycle Development 13,898 February 17, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about HOG

What does Harley-Davidson, Inc. do?

Harley-Davidson, Inc. is a company in the Consumer discretionary sector, listed on NYSE as HOG. Its shares trade on NYSE under the ticker HOG.

What is Harley-Davidson, Inc.'s net worth?

Harley-Davidson, Inc. has a market value (market cap) of $3.6B at the latest share price, and shareholders' equity of $3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Harley-Davidson, Inc. profitable?

No. Over the twelve months to September 30, 2026 it reported a net loss of $132M on revenue of $4B.

How much revenue does Harley-Davidson, Inc. make?

Over the twelve months to September 30, 2026 Harley-Davidson, Inc. reported revenue of $4B. That is 14.6% less than a year earlier.

When did Harley-Davidson, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.

When is Harley-Davidson, Inc.'s next earnings report?

Harley-Davidson, Inc.'s next report is expected around February 9, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Does Harley-Davidson, Inc. pay a dividend?

Yes. Harley-Davidson, Inc. paid dividends of $0.72 per share in fiscal 2025, a yield of 2.11% at the current price.

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Where the numbers come from

Financial figures are the values Harley-Davidson, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.