Harley-Davidson (HOG) Free Cash Flow (2009 - 2026)
Harley-Davidson (HOG) posted Free Cash Flow of -$596.9 million for Q1 2026, up 74.04% sequentially from -$2.3 billion in Q4 2025, and little changed YoY from -$598.5 million in Q1 2025.
Harley-Davidson (HOG) Free Cash Flow (2009 - 2026) Analysis & Trends
Harley-Davidson has reported Free Cash Flow for 18 years, with the latest figure at -$596.9 million in Q1 2026.
- Quarterly Free Cash Flow changed 0.27% year-over-year to -$596.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.0 billion (up 38.47% YoY) and the FY2025 annual result came in at -$2.0 billion, up 22.94% from the prior year.
- Free Cash Flow advanced to -$596.9 million in Q1 2026 per HOG's latest filing, from -$2.3 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $2.3 billion in Q3 2024 and troughed at -$4.5 billion in Q4 2022.
- A 5-year average of -$507.0 million and a median of -$595.3 million in 2025 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 846.62% in 2024, down 16412.99% in 2024.
- Over 5 years, Free Cash Flow stood at -$4.5 billion in 2022, then jumped by 99.55% to -$20.4 million in 2023, then sank by 16412.99% to -$3.4 billion in 2024, then jumped by 31.68% to -$2.3 billion in 2025, then soared by 74.04% to -$596.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$596.9 million, -$2.3 billion, and $1.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 33.63 Mn |
| 2 | Thor Industries | 4.07 Bn | 3.70 Bn | 354.77 Mn | 196.04 Mn |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | 186.10 Mn |
| 4 | Harley-Davidson | 2.87 Bn | 975.52 Mn | 421.12 Mn | -335.49 Mn |
| 5 | Patrick Industries | 2.70 Bn | 2.67 Bn | 247.58 Mn | 65.28 Mn |
| 6 | Lci Industries | 2.54 Bn | 2.32 Bn | 301.14 Mn | 184.91 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 274.20 Mn |
| 8 | Winnebago Industries | 905.60 Mn | 848.50 Mn | 94.90 Mn | 18.70 Mn |
| 9 | Malibu Boats | 544.56 Mn | 494.39 Mn | 41.28 Mn | 15.49 Mn |
| 10 | MasterCraft Boat Holdings | 399.85 Mn | 315.23 Mn | 19.54 Mn | 3.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -335.49 Mn |
| Jun 30, 2026 | -335.49 Mn |
| Mar 31, 2026 | -596.86 Mn |
| Mar 31, 2026 | -596.86 Mn |
| Dec 31, 2025 | -2.30 Bn |
| Dec 31, 2025 | -2.30 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Jun 30, 2025 | -661.19 Mn |
| Jun 30, 2025 | -661.19 Mn |
| Mar 31, 2025 | -595.27 Mn |
| Mar 31, 2025 | -595.27 Mn |
| Dec 31, 2024 | -3.37 Bn |
| Dec 31, 2024 | -3.37 Bn |
| Sep 30, 2024 | 2.31 Bn |
| Sep 30, 2024 | 2.31 Bn |
| Jun 30, 2024 | -1.58 Bn |
| Jun 30, 2024 | -1.58 Bn |
| Mar 31, 2024 | 57.64 Mn |
| Mar 31, 2024 | 57.64 Mn |