Harley-Davidson (HOG) Debt Ratio (2009 - 2026)
Harley-Davidson (HOG) posted Debt Ratio of 0.23 for Q1 2026, down 44.87% sequentially from 0.41 in Q4 2025, and down 67.7% YoY from 0.7 in Q1 2025.
Harley-Davidson (HOG) Debt Ratio (2009 - 2026) Analysis & Trends
Harley-Davidson has reported Debt Ratio for 18 years, with the latest figure at 0.23 in Q1 2026.
- Quarterly Debt Ratio fell 67.7% year-over-year to 0.23 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.23 (down 67.7% YoY) and the FY2025 annual result came in at 0.41, down 40.56% from the prior year.
- Debt Ratio eased to 0.23 in Q1 2026 per HOG's latest filing, from 0.41 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.7 in Q2 2024 and troughed at 0.23 in Q1 2026.
- A 5-year average of 0.56 and a median of 0.6 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2024 and 2026: Debt Ratio increased 21.41% in 2024, then sank 67.7% in 2026.
- Over 5 years, Debt Ratio stood at 0.6 in 2022, then advanced by 2.75% to 0.62 in 2023, then advanced by 11.29% to 0.69 in 2024, then sank by 40.56% to 0.41 in 2025, then sank by 44.87% to 0.23 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.23, 0.41, and 0.49 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn | 0.36 |
| 2 | Thor Industries | 4.12 Bn | 3.74 Bn | 354.77 Mn | 0.12 |
| 3 | Polaris | 3.70 Bn | 3.40 Bn | - | 0.38 |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn | 0.31 |
| 5 | Patrick Industries | 2.73 Bn | 2.70 Bn | 247.58 Mn | 0.44 |
| 6 | Lci Industries | 2.56 Bn | 2.35 Bn | 301.14 Mn | 0.26 |
| 7 | Brunswick | 1.56 Bn | 1.25 Bn | 437.80 Mn | 0.38 |
| 8 | Winnebago Industries | 903.90 Mn | 846.80 Mn | 94.90 Mn | 0.22 |
| 9 | Malibu Boats | 560.55 Mn | 510.39 Mn | 41.28 Mn | 0.16 |
| 10 | MasterCraft Boat Holdings | 405.90 Mn | 321.28 Mn | 19.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.49 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 0.70 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.62 |
| Sep 30, 2023 | 0.52 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.60 |
| Sep 25, 2022 | 0.60 |
| Jun 26, 2022 | 0.59 |
| Mar 27, 2022 | 0.53 |
| Dec 31, 2021 | 0.70 |
| Sep 26, 2021 | 0.58 |