Harley-Davidson (HOG) Debt Ratio (2009 - 2026)
Harley-Davidson's (HOG) quarterly Debt Ratio came in at 0.39 in Q2 2026, down 46.27% year-over-year from 0.73 in Q2 2025, and up 8.55% quarter-over-quarter from 0.36 in Q1 2026.
Analysis
Harley-Davidson (HOG) Debt Ratio (2009 - 2026) Analysis & Trends
Harley-Davidson has disclosed Debt Ratio across 18 years of filings, most recently posting 0.39 for Q2 2026.
- In Q2 2026, Debt Ratio fell 46.27% year-over-year to 0.39; the TTM figure through Jun 2026 stood at 0.39 (down 46.27% YoY), while the FY2025 annual figure was 0.47, down 36.53% from the prior year.
- Debt Ratio came in at 0.39 for Q2 2026 at Harley-Davidson, up from 0.36 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.8 in Q2 2022 to a low of 0.36 in Q1 2026.
- Average Debt Ratio over 5 years is 0.67, with a median of 0.72 recorded in 2022.
- Year-over-year, Debt Ratio rose 21.99% in 2024 and sank 50.82% in 2026.
- Over 5 years, Debt Ratio stood at 0.75 in 2022, then decreased by 7.71% to 0.69 in 2023, then gained by 7.43% to 0.74 in 2024, then plunged by 36.53% to 0.47 in 2025, then slipped by 16.27% to 0.39 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.39 in Q2 2026, 0.36 in Q1 2026, and 0.47 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.75 Bn | 3.38 Bn | 354.77 Mn | 0.13 |
| 2 | Polaris | 3.42 Bn | 3.12 Bn | - | 0.38 |
| 3 | Harley-Davidson | 2.81 Bn | 912.98 Mn | 421.12 Mn | 0.39 |
| 4 | Brunswick | 1.58 Bn | 1.27 Bn | 437.80 Mn | 0.38 |
| 5 | Winnebago Industries | 815.89 Mn | 758.79 Mn | 94.90 Mn | 0.22 |
| 6 | Malibu Boats | 499.12 Mn | 424.71 Mn | 52.19 Mn | 0.17 |
| 7 | MasterCraft Boat Holdings | 370.16 Mn | 285.54 Mn | 19.54 Mn | - |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | 0.19 |
| 9 | Massimo | 41.20 Mn | 36.56 Mn | 7.28 Mn | - |
| 10 | Gogoro | 39.84 Mn | -29.01 Mn | 15.96 Mn | 0.58 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.61 |
| Jun 30, 2025 | 0.73 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 0.80 |
| Jun 30, 2024 | 0.74 |
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 0.69 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 0.75 |
| Sep 25, 2022 | 0.75 |
| Jun 26, 2022 | 0.80 |
| Mar 27, 2022 | 0.73 |
| Dec 31, 2021 | 0.76 |
| Sep 26, 2021 | 0.79 |