Harley-Davidson (HOG) Debt to Equity (2009 - 2026)
Harley-Davidson recorded quarterly Debt to Equity of $0.53 in Q1 2026, down 32.21% quarter-over-quarter from $0.79 in Q4 2025, and down 68.95% year-over-year from $1.72 in Q1 2025.
Harley-Davidson's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.53 for Q1 2026.
- In Q1 2026, Debt to Equity fell 68.95% year-over-year to $0.53; the TTM figure through Mar 2026 stood at $0.53 (down 68.95% YoY), while the FY2025 annual figure was $0.79, down 60.71% from the prior year.
- Debt to Equity came in at $0.53 for Q1 2026 at Harley-Davidson, down from $0.79 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.31 in Q1 2022 to a low of $0.53 in Q1 2026.
- A 5-year average of $1.73 and a median of $1.88 in 2024 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity rose 8.45% in 2024 and plunged 68.95% in 2026, its largest moves.
- Harley-Davidson's Debt to Equity stood at $1.8 in 2022, then grew by 6.8% to $1.92 in 2023, then grew by 4.18% to $2.0 in 2024, then tumbled by 60.71% to $0.79 in 2025, then sank by 32.21% to $0.53 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.53, $0.79, and $1.25 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | 1.43 |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | 0.20 |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | 2.79 |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | - |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | 1.17 |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | 0.53 |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | 0.68 |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | 0.36 |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | 0.32 |
| 10 | MasterCraft Boat Holdings | 376.07 Mn | 291.65 Mn | 19.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.53 |
| Dec 31, 2025 | 0.79 |
| Sep 30, 2025 | 1.25 |
| Jun 30, 2025 | 1.47 |
| Mar 31, 2025 | 1.72 |
| Dec 31, 2024 | 2.00 |
| Sep 30, 2024 | 2.13 |
| Jun 30, 2024 | 1.59 |
| Mar 31, 2024 | 1.88 |
| Dec 31, 2023 | 1.92 |
| Sep 30, 2023 | 1.96 |
| Jun 30, 2023 | 2.00 |
| Mar 31, 2023 | 1.87 |
| Dec 31, 2022 | 1.80 |
| Sep 25, 2022 | 1.91 |
| Jun 26, 2022 | 2.24 |
| Mar 27, 2022 | 2.31 |
| Dec 31, 2021 | 2.09 |
| Sep 26, 2021 | 2.78 |
| Jun 27, 2021 | 2.52 |
| Mar 28, 2021 | 3.59 |
| Dec 31, 2020 | 4.63 |
| Sep 27, 2020 | 4.18 |
| Jun 28, 2020 | 4.95 |
| Mar 29, 2020 | 4.02 |
| Dec 31, 2019 | 3.16 |
| Sep 29, 2019 | 3.48 |
| Jun 30, 2019 | 3.69 |
| Mar 31, 2019 | 3.30 |
| Dec 31, 2018 | 3.40 |
| Sep 30, 2018 | 2.66 |
| Jul 1, 2018 | 2.69 |
| Apr 1, 2018 | 3.00 |
| Dec 31, 2017 | 3.10 |
| Sep 24, 2017 | 2.93 |
| Jun 25, 2017 | -130.58 |
| Mar 26, 2017 | -12.52 |
| Dec 31, 2016 | 2.98 |
| Sep 25, 2016 | 2.95 |
| Jun 26, 2016 | -10.24 |
| Mar 27, 2016 | -135.27 |
| Dec 31, 2015 | 3.08 |
| Sep 27, 2015 | 2.36 |
| Jun 28, 2015 | 362.26 |
| Mar 29, 2015 | -11.19 |
| Dec 31, 2014 | 1.54 |
| Sep 28, 2014 | 1.55 |
| Jun 29, 2014 | 1.31 |
| Mar 30, 2014 | 1.34 |
| Dec 31, 2013 | 1.53 |
| Sep 29, 2013 | 1.66 |
| Jun 30, 2013 | 1.69 |
| Mar 31, 2013 | 1.72 |
| Dec 31, 2012 | 1.88 |
| Sep 30, 2012 | 2.02 |
| Jul 1, 2012 | 1.66 |
| Apr 1, 2012 | 1.92 |
| Dec 31, 2011 | 2.02 |
| Sep 25, 2011 | 1.08 |
| Jun 26, 2011 | 1.15 |
| Mar 27, 2011 | 1.28 |
| Dec 31, 2010 | 1.15 |
| Sep 26, 2010 | 1.29 |
| Jun 27, 2010 | 1.33 |
| Mar 28, 2010 | 1.38 |
| Dec 31, 2009 | 1.96 |
| Sep 27, 2009 | 1.97 |
| Jun 28, 2009 | 2.10 |
| Mar 29, 2009 | 2.01 |