HOG vs MGA vs PII Stock Comparison

Harley-Davidson, Magna International and Polaris Prices as of Oct 27, 2026 Peers: Industry group
HOG Harley-Davidson, Inc.
$29.44 +15.7% 1M +9.1% 1Y
Market cap
$3.07B
P/E
15.2x
Revenue (TTM)
$4.24B
Div. yield
–
Recreational Vehicles Consumer Discretionary
2 wins
MGA Magna International Inc
$64.10 -1.3% 1M +41.2% 1Y
Market cap
$17.86B
P/E
7.5x
Revenue (TTM)
$31.92B
Div. yield
–
Auto Parts Consumer Discretionary
7 wins
PII Polaris Inc.
$58.02 +9.5% 1M -18.5% 1Y
Market cap
$3.30B
P/E
–
Revenue (TTM)
—
Div. yield
0.05%
Recreational Vehicles Consumer Discretionary

Head to Head

9 decided of 12

Magna International leads on 7 of the 12 questions below (Magna International 7, Harley-Davidson 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHOGMGAPIILeader
Larger companyMarket capitalisation $3.07B $17.86B $3.30B MGA
Cheaper on earningsLower P/E, profitable companies only 15.2x 7.5x -16.0x MGA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.8x 9.5x 17.9x MGA
Faster revenue growthRevenue growth, trailing twelve months -5.2% -54.1% — HOG
More profitableNet margin, trailing twelve months 4.8% 7.5% — MGA
Better return on capitalReturn on invested capital 2.9% — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.05% –
Better 1-year returnPrice return, last 12 months +9.1% +41.2% -18.5% MGA
Better 5-year returnAnnualised price return, 5 years -4.5%/yr -4.5%/yr -12.8%/yr HOG
Less volatileAnnualised volatility, 1 year 38.8% 37.0% 47.2% MGA
Higher overall scoreMean of the five percentile scores vs peers 56/100 65/100 31/100 MGA

Percentile Scorecard

HOGMGAPII

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHOGMGAPII
Valuation 45 #28 of 50 92 #5 of 50 43 #29 of 50
Growth 4 #46 of 48 26 #36 of 48 13 #42 of 48
Profitability 64 #17 of 46 78 #11 of 46 –
Financial Health 77 #13 of 52 – 14 #45 of 52
Shareholder Returns 90 #4 of 30 66 #11 of 30 55 #14 of 30
Overall 56 65 31
  • HOG ranked among 56 companies in Automobiles and Components
  • MGA ranked among 56 companies in Automobiles and Components
  • PII ranked among 56 companies in Automobiles and Components

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHOGMGAPIISPY
1 month +15.7%-1.3%+9.5% -0.2%
3 months +16.4%-7.1%-19.0% +3.9%
6 months +25.8%+3.5%-12.7% +8.2%
Year to date +43.7%+20.3%-8.3% +12.9%
1 year +9.1%+41.2%-18.5% +12.3%
3 years +12.5%+34.5%-32.0% +87.4%
3 years, per year +4.0%+10.4%-12.1% +23.3%
5 years -20.4%-20.7%-49.7% +67.9%
5 years, per year -4.5%-4.5%-12.8% +10.9%
10 years -47.0%+57.5%-22.7% +261.1%
10 years, per year -6.1%+4.6%-2.5% +13.7%

Risk

MeasureHOGMGAPIISPY
Volatility, 1Y 38.8%37.0%47.2% 12.7%
Downside volatility, 1Y 36.0%30.9%48.7% 12.7%
Beta vs S&P 500, 1Y 0.861.261.26 1.00
Return / volatility, 1Y 0.241.11-0.39 0.97
Max drawdown, 5Y -66.8%-65.5%-76.7% -25.4%
From 52-week high 0.0%-12.3%-22.6% -1.2%
52-week high $29.44$73.05$74.93 $779.14
52-week low $17.19$44.65$47.88 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHOGMGAPII
P/E now vs peer median 15.3xmedian 19.4x 7.6xmedian 19.4x -16.3xmedian 19.4x
P/S now vs peer median 0.7xmedian 0.5x 0.6xmedian 0.5x —median 0.5x
EV/EBITDA now vs peer median —median 8.3x —median 8.3x —median 8.3x
P/FCF now vs peer median -23.0xmedian 9.4x 2.7xmedian 9.4x 12.4xmedian 9.4x
P/B now vs peer median 1.0xmedian 0.9x —median 0.9x 3.9xmedian 0.9x
PEG now vs peer median -0.51median 1.40 1.30median 1.40 0.50median 1.40

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHOGMGAPII
Revenue $4.24B $31.92B –
Gross profit $1.42B -$4.47B –
Operating income $213.20M -$5.31B –
Net income $195.71M $814.00M -$205.80M
Free cash flow -$133.07M $6.59B $265.50M
EPS (diluted) $1.87 $8.42 $-3.51
Cash & equivalents $1.90B $1.43B $301.70M
Total debt $2.24B $20.90B $1.63B
Shares (diluted) 108.57M 282.50M 58.50M
Enterprise value -$5.49B $11.88B $2.27B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHOGMGAPII
P/E 15.3x 7.6x -16.3x
P/FCF -23.0x 2.7x 12.4x
P/Operating cash flow -12,015x 4.0x 7.0x
P/S 0.7x 0.6x –
P/B 1.0x – 3.9x
P/Tangible book 1.0x – 3.9x
EV/EBITDA – – –
EV/EBIT 16.0x -4.0x –
EV/Revenue 0.8x 0.7x –
EV/FCF -25.6x 3.2x 17.4x
EV/Operating cash flow -13,375x 4.7x 9.8x
PEG (3Y EPS CAGR) -0.51 1.30 0.50

Growth

14 metrics
MetricHOGMGAPII
Revenue growth (1Y) -5.2% -54.1% –
Revenue CAGR (3Y) -11.1% -7.6% –
Gross profit growth (1Y) -25.3% -113.3% –
Gross profit CAGR (3Y) -18.3% -42.5% –
Operating income growth (1Y) 15.0% -116.1% –
Operating income CAGR (3Y) -38.9% -55.8% –
Net income growth (1Y) -16.4% -36.9% -36.2%
Net income CAGR (3Y) -36.8% -5.9% -32.9%
EPS growth (1Y) -6.1% -5.6% -32.2%
EPS CAGR (3Y) -29.8% 5.8% -32.8%
Operating cash flow growth (1Y) -100.0% 35.4% -38.8%
Operating cash flow CAGR (3Y) -26.0% 25.9% -15.2%
Free cash flow growth (1Y) -116.2% 1.3% -54.3%
Free cash flow CAGR (3Y) -31.0% 8.0% -8.5%

Profitability

14 metrics
MetricHOGMGAPII
Gross margin 33.4% -14.0% –
EBITDA margin – – –
Operating margin 5.0% -16.6% –
Pretax margin 6.8% 4.0% –
Net margin 4.8% 7.5% –
FCF margin -3.1% 20.7% –
Operating cash flow margin 0.0% 14.2% –
Return on equity 6.3% – -24.3%
Return on assets 2.7% – -4.0%
Return on invested capital 2.9% – –
Return on capital employed 4.4% – –
Asset turnover 0.6x – –
Cash conversion (OCF / net income) 0.0x 5.6x -2.3x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricHOGMGAPII
Debt / assets 30.9% – 32.2%
Debt / equity 0.7x – 1.9x
Net debt / EBITDA – – –
Debt / FCF -16.9x 0.7x 6.1x
Liabilities / assets 57.0% – 83.2%
Equity / assets 43.0% – 16.8%
Interest coverage 0.7x – –
Current ratio 1.9x – 1.1x
Quick ratio 0.9x – 0.3x
Cash ratio 0.8x – 0.1x
Altman Z-score 2.22 – –

Shareholder Returns

7 metrics
MetricHOGMGAPII
Dividend yield 2.5% 3.0% 4.7%
Net buyback yield 11.8% 0.1% 0.1%
Shareholder yield 14.3% 3.1% 4.8%
Payout ratio (earnings) – – -74.6%
Payout ratio (FCF) – – 57.9%
Dividend growth (1Y) – – 2.4%
Dividend CAGR (3Y) – – 1.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHOGMGAPII
Forward P/E 39.8xFY2026 9.5xFY2026 17.9xFY2026
EPS, next fiscal year $0.74FY2026 $6.73FY2026 $3.24FY2026
EPS growth, next FY -73.4%FY2026 +18.3%FY2026 –
EPS growth, the year after +147.3% +11.9% +9.3%
Revenue, next fiscal year $4.11BFY2026 $39.77BFY2026 $7.61BFY2026
Revenue growth, next FY +14.8%FY2026 -4.6%FY2026 +6.4%FY2026
Revenue growth, the year after +2.9% +13.2% +4.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHOGMGAPII
Held by institutions 100.0% – 89.0%
Institutions holding 439 – 477
Change in shares held, QoQ +3.1% – -6.9%
Institutions buying 219 – 257
Institutions selling 122 – 144
Buyers to sellers 1.80 – 1.78

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HOGMGAPII
HOG 1.00 0.35 0.43
MGA 0.35 1.00 0.40
PII 0.43 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HOG, MGA and PII?

Magna International (MGA) is the largest by market capitalisation: Harley-Davidson (HOG) $3.07B, Magna International (MGA) $17.86B, Polaris (PII) $3.30B.

Which stock is cheaper, HOG, MGA and PII?

Magna International (MGA) trades on the lowest price-to-earnings ratio (Harley-Davidson (HOG) 15.2x, Magna International (MGA) 7.5x, Polaris (PII) -16.0x). On next year's consensus earnings, Magna International (MGA) is cheapest (Harley-Davidson (HOG) 39.8x, Magna International (MGA) 9.5x, Polaris (PII) 17.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Harley-Davidson (HOG) grew revenue fastest over the trailing twelve months: Harley-Davidson (HOG) -5.2%, Magna International (MGA) -54.1%.

Which company is more profitable?

Magna International (MGA) has the highest net margin (Harley-Davidson (HOG) 4.8%, Magna International (MGA) 7.5%).

Which stock has performed better?

Over the past year Magna International (MGA) returned the most: Harley-Davidson (HOG) +9.1%, Magna International (MGA) +41.2%, Polaris (PII) -18.5%. Over five years, Harley-Davidson (HOG) compounded fastest (Harley-Davidson (HOG) -4.5%/yr, Magna International (MGA) -4.5%/yr, Polaris (PII) -12.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Harley-Davidson (HOG) 0.00%, Magna International (MGA) 0.00%, Polaris (PII) 0.05%. Harley-Davidson (HOG) and Magna International (MGA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Magna International (MGA) has been the steadiest (Harley-Davidson (HOG) 38.8%, Magna International (MGA) 37.0%, Polaris (PII) 47.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HOG, MGA and PII?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Magna International (MGA) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.