Harley-Davidson (HOG) Return on Capital Employed (2009 - 2026)
Harley-Davidson recorded quarterly Return on Capital Employed of 4.83% in Q1 2026, down 16.94% quarter-over-quarter from 5.82% in Q4 2025, and up 114.0% year-over-year from 2.26% in Q1 2025.
Harley-Davidson's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 4.83% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 114.0% year-over-year to 4.83%; the TTM figure through Mar 2026 stood at 4.83% (up 114.0% YoY), while the FY2025 annual figure was 5.29%, up 36.0% from the prior year.
- Return on Capital Employed came in at 4.83% for Q1 2026 at Harley-Davidson, down from 5.82% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 11.41% in Q1 2023 to a low of 2.2% in Q2 2025.
- A 5-year average of 7.67% and a median of 7.88% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed jumped 695 bps in 2022 and plunged 569 bps in 2025, its largest moves.
- Harley-Davidson's Return on Capital Employed stood at 11.12% in 2022, then slipped by 21 bps to 8.74% in 2023, then tumbled by 46 bps to 4.68% in 2024, then advanced by 24 bps to 5.82% in 2025, then declined by 17 bps to 4.83% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 4.83%, 5.82%, and 6.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | -1.35% |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | 8.13% |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | - |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | 2.50% |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | 9.92% |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | 4.83% |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | 10.85% |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | 4.27% |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | 0.09% |
| 10 | MasterCraft Boat Holdings | 376.07 Mn | 291.65 Mn | 19.54 Mn | 5.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.83% |
| Dec 31, 2025 | 5.82% |
| Sep 30, 2025 | 6.90% |
| Jun 30, 2025 | 2.20% |
| Mar 31, 2025 | 3.69% |
| Dec 31, 2024 | 4.68% |
| Sep 30, 2024 | 6.75% |
| Jun 30, 2024 | 7.88% |
| Mar 31, 2024 | 7.69% |
| Dec 31, 2023 | 8.74% |
| Sep 30, 2023 | 8.40% |
| Jun 30, 2023 | 9.77% |
| Mar 31, 2023 | 11.41% |
| Dec 31, 2022 | 11.12% |
| Sep 25, 2022 | 10.76% |
| Jun 26, 2022 | 9.75% |
| Mar 27, 2022 | 9.97% |
| Dec 31, 2021 | 10.58% |
| Sep 26, 2021 | 9.33% |
| Jun 27, 2021 | 8.40% |
| Mar 28, 2021 | 3.02% |
| Dec 31, 2020 | 0.12% |
| Sep 27, 2020 | 2.18% |
| Jun 28, 2020 | 2.27% |
| Mar 29, 2020 | 8.67% |
| Dec 31, 2019 | 8.19% |
| Sep 29, 2019 | 8.71% |
| Jun 30, 2019 | 7.98% |
| Mar 31, 2019 | 5.35% |
| Dec 31, 2018 | 5.47% |
| Sep 30, 2018 | 6.20% |
| Jul 1, 2018 | 6.14% |
| Apr 1, 2018 | 12.10% |
| Dec 31, 2017 | 12.84% |
| Sep 24, 2017 | 12.01% |
| Jun 25, 2017 | 13.28% |
| Mar 26, 2017 | 12.57% |
| Dec 31, 2016 | 14.55% |
| Sep 25, 2016 | 12.76% |
| Jun 26, 2016 | 12.96% |
| Mar 27, 2016 | 14.07% |
| Dec 31, 2015 | 14.42% |
| Sep 27, 2015 | 14.43% |
| Jun 28, 2015 | 12.85% |
| Mar 29, 2015 | 8.47% |
| Dec 31, 2014 | 3.76% |
| Sep 28, 2014 | 3.77% |
| Jun 29, 2014 | 3.69% |
| Mar 30, 2014 | 8.30% |
| Dec 31, 2013 | 11.13% |
| Sep 29, 2013 | 10.03% |
| Jun 30, 2013 | 11.21% |
| Mar 31, 2013 | 7.92% |
| Dec 31, 2012 | 6.03% |
| Sep 30, 2012 | 7.16% |
| Jul 1, 2012 | 9.03% |
| Apr 1, 2012 | 11.98% |
| Dec 31, 2011 | 11.87% |
| Sep 25, 2011 | 10.92% |
| Jun 26, 2011 | 9.52% |
| Mar 27, 2011 | 8.09% |
| Dec 31, 2010 | 7.26% |
| Sep 26, 2010 | 4.53% |
| Jun 27, 2010 | 3.28% |
| Mar 28, 2010 | 1.55% |
| Dec 31, 2009 | 2.95% |
| Sep 27, 2009 | 8.81% |
| Jun 28, 2009 | 11.99% |
| Mar 29, 2009 | 18.39% |