HOG vs WGO Stock Comparison

Harley-Davidson and Winnebago Industries Prices as of Oct 26, 2026 Peers: Industry group
HOG Harley-Davidson, Inc.
$28.84 +13.3% 1M +2.2% 1Y
Market cap
$3.10B
P/E
15.3x
Revenue (TTM)
$4.24B
Div. yield
–
Recreational Vehicles Consumer Discretionary
6 wins
WGO Winnebago Industries Inc
$28.10 +3.5% 1M -30.0% 1Y
Market cap
$802.85M
P/E
23.3x
Revenue (TTM)
$2.70B
Div. yield
0.05%
Recreational Vehicles Consumer Discretionary
4 wins

Head to Head

10 decided of 12

Harley-Davidson leads on 6 of the 12 questions below (Harley-Davidson 6, Winnebago Industries 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHOGWGOLeader
Larger companyMarket capitalisation $3.10B $802.85M HOG
Cheaper on earningsLower P/E, profitable companies only 15.3x 23.3x HOG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.0x 13.2x WGO
Faster revenue growthRevenue growth, trailing twelve months -5.2% -3.4% WGO
More profitableNet margin, trailing twelve months 4.8% 1.3% HOG
Better return on capitalReturn on invested capital 2.9% 3.1% WGO
Less leveragedLower net debt / EBITDA — 2.0x –
Higher dividend yieldTrailing dividend yield 0.00% 0.05% –
Better 1-year returnPrice return, last 12 months +2.2% -30.0% HOG
Better 5-year returnAnnualised price return, 5 years -4.7%/yr -15.5%/yr HOG
Less volatileAnnualised volatility, 1 year 38.8% 45.8% HOG
Higher overall scoreMean of the five percentile scores vs peers 56/100 74/100 WGO

Percentile Scorecard

HOGWGO

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

AxisHOGWGO
Valuation 45 #28 of 50 94 #4 of 50
Growth 6 #45 of 48 32 #33 of 48
Profitability 64 #17 of 46 69 #15 of 46
Financial Health 77 #13 of 52 90 #6 of 52
Shareholder Returns 90 #4 of 30 83 #6 of 30
Overall 56 74
  • HOG ranked among 56 companies in Automobiles and Components
  • WGO 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

PeriodHOGWGOSPY
1 month +13.3%+3.5% -0.8%
3 months +16.3%-9.7% +3.5%
6 months +25.6%-12.7% +7.0%
Year to date +40.8%-30.7% +12.2%
1 year +2.2%-30.0% +13.0%
3 years +10.2%-50.9% +86.3%
3 years, per year +3.3%-21.1% +23.1%
5 years -21.5%-57.0% +68.6%
5 years, per year -4.7%-15.5% +11.0%
10 years -49.0%-1.2% +258.0%
10 years, per year -6.5%-0.1% +13.6%

Risk

MeasureHOGWGOSPY
Volatility, 1Y 38.8%45.8% 12.7%
Downside volatility, 1Y 36.0%43.2% 12.7%
Beta vs S&P 500, 1Y 0.850.77 1.00
Return / volatility, 1Y 0.06-0.66 1.02
Max drawdown, 5Y -66.8%-70.7% -25.4%
From 52-week high -0.9%-43.6% -1.8%
52-week high $29.09$49.85 $779.14
52-week low $17.19$22.68 $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.

MultipleHOGWGO
P/E now vs peer median 15.0xmedian 18.9x 23.0xmedian 18.9x
P/S now vs peer median 0.7xmedian 0.5x 0.3xmedian 0.5x
EV/EBITDA now vs peer median —median 8.2x 8.2xmedian 8.2x
P/FCF now vs peer median -22.6xmedian 9.4x 5.5xmedian 9.4x
P/B now vs peer median 1.0xmedian 0.9x 0.6xmedian 0.9x
PEG now vs peer median -0.50median 1.40 -0.55median 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 monthsHOGWGO
Revenue $4.24B $2.70B
Gross profit $1.42B $350.20M
Operating income $213.20M $66.20M
Net income $195.71M $34.50M
Free cash flow -$133.07M $144.60M
EPS (diluted) $1.87 $1.21
Cash & equivalents $1.90B $181.40M
Total debt $2.24B $443.30M
Shares (diluted) 108.57M 28.40M
Enterprise value -$5.47B $335.25M

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
MetricHOGWGO
P/E 15.0x 23.0x
P/FCF -22.6x 5.5x
P/Operating cash flow -11,770x 4.7x
P/S 0.7x 0.3x
P/B 1.0x 0.6x
P/Tangible book 1.0x 1.0x
EV/EBITDA – 8.2x
EV/EBIT 15.7x 16.0x
EV/Revenue 0.8x 0.4x
EV/FCF -25.2x 7.3x
EV/Operating cash flow -13,130x 6.3x
PEG (3Y EPS CAGR) -0.50 -0.55

Growth

14 metrics
MetricHOGWGO
Revenue growth (1Y) -5.2% -3.4%
Revenue CAGR (3Y) -11.1% -8.2%
Gross profit growth (1Y) -25.3% -4.1%
Gross profit CAGR (3Y) -18.3% -15.8%
Operating income growth (1Y) 15.0% 15.7%
Operating income CAGR (3Y) -38.9% -39.6%
Net income growth (1Y) -16.4% 34.2%
Net income CAGR (3Y) -36.8% -45.7%
EPS growth (1Y) -6.1% 33.8%
EPS CAGR (3Y) -29.8% -41.6%
Operating cash flow growth (1Y) -100.0% 30.9%
Operating cash flow CAGR (3Y) -26.0% -16.9%
Free cash flow growth (1Y) -116.2% 61.6%
Free cash flow CAGR (3Y) -31.0% -11.9%

Profitability

14 metrics
MetricHOGWGO
Gross margin 33.4% 13.0%
EBITDA margin – 4.8%
Operating margin 5.0% 2.4%
Pretax margin 6.8% 1.6%
Net margin 4.8% 1.3%
FCF margin -3.1% 5.3%
Operating cash flow margin 0.0% 6.2%
Return on equity 6.3% 2.8%
Return on assets 2.7% 1.7%
Return on invested capital 2.9% 3.1%
Return on capital employed 4.4% 3.9%
Asset turnover 0.6x 1.3x
Cash conversion (OCF / net income) 0.0x 4.9x
Stock comp / revenue – 0.6%

Financial Health

11 metrics
MetricHOGWGO
Debt / assets 30.9% 21.1%
Debt / equity 0.7x 0.4x
Net debt / EBITDA – 2.0x
Debt / FCF -16.9x 3.1x
Liabilities / assets 57.0% 41.2%
Equity / assets 43.0% 58.8%
Interest coverage 0.7x 3.2x
Current ratio 1.9x 2.2x
Quick ratio 0.9x 0.9x
Cash ratio 0.8x 0.5x
Altman Z-score 2.21 3.32

Shareholder Returns

7 metrics
MetricHOGWGO
Dividend yield 2.6% 5.0%
Net buyback yield 12.0% 0.2%
Shareholder yield 14.6% 5.2%
Payout ratio (earnings) – 115.7%
Payout ratio (FCF) – 27.6%
Dividend growth (1Y) – 2.6%
Dividend CAGR (3Y) – 6.3%

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.

ConsensusHOGWGO
Forward P/E 39.0xFY2026 13.2xFY2027
EPS, next fiscal year $0.74FY2026 $2.13FY2027
EPS growth, next FY -73.4%FY2026 +19.0%FY2027
EPS growth, the year after +147.3% +14.6%
Revenue, next fiscal year $4.11BFY2026 $2.80BFY2027
Revenue growth, next FY +14.8%FY2026 +3.7%FY2027
Revenue growth, the year after +2.9% +5.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHOGWGO
Held by institutions 100.0% 100.0%
Institutions holding 439 245
Change in shares held, QoQ +3.1% +2.6%
Institutions buying 219 125
Institutions selling 122 85
Buyers to sellers 1.80 1.47

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.

HOGWGO
HOG 1.00 0.38
WGO 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HOG and WGO?

Harley-Davidson (HOG) is the largest by market capitalisation: Harley-Davidson (HOG) $3.10B, Winnebago Industries (WGO) $802.85M.

Which stock is cheaper, HOG and WGO?

Harley-Davidson (HOG) trades on the lowest price-to-earnings ratio (Harley-Davidson (HOG) 15.3x, Winnebago Industries (WGO) 23.3x). On next year's consensus earnings, Winnebago Industries (WGO) is cheapest (Harley-Davidson (HOG) 39.0x, Winnebago Industries (WGO) 13.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Winnebago Industries (WGO) grew revenue fastest over the trailing twelve months: Harley-Davidson (HOG) -5.2%, Winnebago Industries (WGO) -3.4%.

Which company is more profitable?

Harley-Davidson (HOG) has the highest net margin (Harley-Davidson (HOG) 4.8%, Winnebago Industries (WGO) 1.3%). On return on invested capital, Winnebago Industries (WGO) leads (Harley-Davidson (HOG) 2.9%, Winnebago Industries (WGO) 3.1%).

Which stock has performed better?

Over the past year Harley-Davidson (HOG) returned the most: Harley-Davidson (HOG) +2.2%, Winnebago Industries (WGO) -30.0%. Over five years, Harley-Davidson (HOG) compounded fastest (Harley-Davidson (HOG) -4.7%/yr, Winnebago Industries (WGO) -15.5%/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%, Winnebago Industries (WGO) 0.05%. Harley-Davidson (HOG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Harley-Davidson (HOG) has been the steadiest (Harley-Davidson (HOG) 38.8%, Winnebago Industries (WGO) 45.8%). Volatility measures how widely the price swings, not the risk of the business.

Do HOG and WGO move together?

Their daily returns over the past year have a correlation of 0.38, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HOG and WGO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Harley-Davidson (HOG) leads on 6. 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.