Harley-Davidson (HOG) Invested Capital (2009 - 2026)
Harley-Davidson's (HOG) quarterly Invested Capital came in at $6.0 billion in Q2 2026, down 50.87% year-over-year from $12.2 billion in Q2 2025, and up 4.57% quarter-over-quarter from $5.7 billion in Q1 2026.
Analysis
Harley-Davidson (HOG) Invested Capital (2009 - 2026) Analysis & Trends
Harley-Davidson has disclosed Invested Capital across 18 years of filings, most recently posting $6.0 billion for Q2 2026.
- In Q2 2026, Invested Capital fell 50.87% year-over-year to $6.0 billion; the TTM figure through Jun 2026 stood at $6.0 billion (down 50.87% YoY), while the FY2025 annual figure was $6.9 billion, down 41.99% from the prior year.
- Invested Capital came in at $6.0 billion for Q2 2026 at Harley-Davidson, up from $5.7 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $13.8 billion in Q3 2024 to a low of $5.7 billion in Q1 2026.
- Average Invested Capital over 5 years is $10.9 billion, with a median of $11.7 billion recorded in 2023.
- Year-over-year, Invested Capital gained 20.6% in 2024 and sank 53.62% in 2026.
- Over 5 years, Invested Capital stood at $11.5 billion in 2022, then advanced by 1.13% to $11.6 billion in 2023, then climbed by 2.89% to $12.0 billion in 2024, then plunged by 41.99% to $6.9 billion in 2025, then declined by 14.0% to $6.0 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $6.0 billion in Q2 2026, $5.7 billion in Q1 2026, and $6.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.79 Bn | 3.42 Bn | 354.77 Mn | 5.26 Bn |
| 2 | Polaris | 3.43 Bn | 3.13 Bn | - | 2.79 Bn |
| 3 | Harley-Davidson | 2.81 Bn | 910.35 Mn | 421.12 Mn | 5.97 Bn |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 3.78 Bn |
| 5 | Winnebago Industries | 817.02 Mn | 759.92 Mn | 94.90 Mn | 1.68 Bn |
| 6 | Malibu Boats | 497.29 Mn | 422.87 Mn | 52.19 Mn | 693.43 Mn |
| 7 | MasterCraft Boat Holdings | 372.42 Mn | 287.80 Mn | 19.54 Mn | - |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | 203.35 Mn |
| 9 | Massimo | 42.47 Mn | 37.84 Mn | 7.28 Mn | - |
| 10 | Gogoro | 39.25 Mn | -29.60 Mn | 15.96 Mn | 443.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.97 Bn |
| Mar 31, 2026 | 5.71 Bn |
| Dec 31, 2025 | 6.94 Bn |
| Sep 30, 2025 | 10.06 Bn |
| Jun 30, 2025 | 12.16 Bn |
| Mar 31, 2025 | 12.31 Bn |
| Dec 31, 2024 | 11.97 Bn |
| Sep 30, 2024 | 13.79 Bn |
| Jun 30, 2024 | 12.92 Bn |
| Mar 31, 2024 | 11.83 Bn |
| Dec 31, 2023 | 11.63 Bn |
| Sep 30, 2023 | 11.44 Bn |
| Jun 30, 2023 | 10.95 Bn |
| Mar 31, 2023 | 11.69 Bn |
| Dec 31, 2022 | 11.50 Bn |
| Sep 25, 2022 | 11.75 Bn |
| Jun 26, 2022 | 12.32 Bn |
| Mar 27, 2022 | 10.45 Bn |
| Dec 31, 2021 | 10.99 Bn |
| Sep 26, 2021 | 11.17 Bn |