KPIs & Operating Metrics(New)
Growth Metrics

Harley-Davidson (HOG) Debt Ratio (2009 - 2026)

Harley-Davidson recorded quarterly Debt Ratio of 0.23 in Q1 2026, down 26.57% quarter-over-quarter from 0.31 in Q4 2025, and down 48.9% year-over-year from 0.44 in Q1 2025.

Harley-Davidson's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.23 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 48.9% year-over-year to 0.23; the TTM figure through Mar 2026 stood at 0.23 (down 48.9% YoY), while the FY2025 annual figure was 0.31, down 42.3% from the prior year.
  • Debt Ratio came in at 0.23 for Q1 2026 at Harley-Davidson, down from 0.31 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.56 in Q3 2024 to a low of 0.23 in Q1 2026.
  • A 5-year average of 0.46 and a median of 0.48 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio climbed 14.46% in 2023 and slumped 48.9% in 2026, its largest moves.
  • Harley-Davidson's Debt Ratio stood at 0.45 in 2022, then advanced by 13.12% to 0.51 in 2023, then increased by 3.38% to 0.53 in 2024, then plunged by 42.3% to 0.31 in 2025, then retreated by 26.57% to 0.23 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.23, 0.31, and 0.42 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 0.42
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 0.13
3 Polaris 4.05 Bn 3.77 Bn - 0.40
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 0.39
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 0.43
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 0.23
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 0.29
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 0.22
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 0.16
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn -

Historic Data

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DateValue
Mar 31, 2026 0.23
Dec 31, 2025 0.31
Sep 30, 2025 0.42
Jun 30, 2025 0.40
Mar 31, 2025 0.44
Dec 31, 2024 0.53
Sep 30, 2024 0.56
Jun 30, 2024 0.43
Mar 31, 2024 0.51
Dec 31, 2023 0.51
Sep 30, 2023 0.52
Jun 30, 2023 0.53
Mar 31, 2023 0.48
Dec 31, 2022 0.45
Sep 25, 2022 0.46
Jun 26, 2022 0.49
Mar 27, 2022 0.53
Dec 31, 2021 0.48
Sep 26, 2021 0.58
Jun 27, 2021 0.50
Mar 28, 2021 0.63
Dec 31, 2020 0.66
Sep 27, 2020 0.59
Jun 28, 2020 0.61
Mar 29, 2020 0.61
Dec 31, 2019 0.54
Sep 29, 2019 0.60
Jun 30, 2019 0.66
Mar 31, 2019 0.56
Dec 31, 2018 0.56
Sep 30, 2018 0.54
Jul 1, 2018 0.55
Apr 1, 2018 0.58
Dec 31, 2017 0.57
Sep 24, 2017 0.54
Jun 25, 2017 0.53
Mar 26, 2017 0.61
Dec 31, 2016 0.58
Sep 25, 2016 0.57
Jun 26, 2016 0.58
Mar 27, 2016 0.60
Dec 31, 2015 0.57
Sep 27, 2015 0.56
Jun 28, 2015 0.58
Mar 29, 2015 0.57
Dec 31, 2014 0.47
Sep 28, 2014 0.51
Jun 29, 2014 0.44
Mar 30, 2014 0.44
Dec 31, 2013 0.49
Sep 29, 2013 0.50
Jun 30, 2013 0.49
Mar 31, 2013 0.49
Dec 31, 2012 0.52
Sep 30, 2012 0.55
Jul 1, 2012 0.47
Apr 1, 2012 0.51
Dec 31, 2011 0.50
Sep 25, 2011 0.29
Jun 26, 2011 0.31
Mar 27, 2011 0.32
Dec 31, 2010 0.27
Sep 26, 2010 0.28
Jun 27, 2010 0.28
Mar 28, 2010 0.27
Dec 31, 2009 0.45
Sep 27, 2009 0.48
Jun 28, 2009 0.54
Mar 29, 2009 0.52