Harley-Davidson (HOG) Return on Equity [ROE] (2009 - 2026)
Harley-Davidson (HOG) recorded Return on Equity [ROE] of 6.32% in Q2 2026, down 0.90 percentage points from 7.21% a year earlier and down 0.82 percentage points from the prior quarter.
Harley-Davidson (HOG) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Harley-Davidson reported Return on Equity [ROE] of 10.42%, down 3.46 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for four straight years, though with a five-year change of +10.35 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 13.89% in FY2024 (-8.68 pp), 22.57% in FY2023 (-4.51 pp), 27.08% in FY2022 (-3.33 pp) and 30.40% in FY2021 (+30.33 pp).
- The Q2 2026 figure is the lowest quarterly Return on Equity [ROE] since Q4 2020.
- On a year-over-year basis, Return on Equity [ROE] has declined for 12 consecutive quarters, with an average year-over-year change of -5.53 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 26.53 percentage points in Q4 2021, against a drop of 12.49 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.13% (Q1 2026), 9.78% (Q4 2025) and 14.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 4.49% |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 10.56% |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 42.52% |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | -0.73% |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 3.26% |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | -20.15% |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | -67.46% |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 12.76% |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | -2.43% |
| 10 | Harley-Davidson | 2.54 Bn | -6.01 Bn | 421.12 Mn | 6.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.32% |
| Mar 31, 2026 | 7.13% |
| Dec 31, 2025 | 9.78% |
| Sep 30, 2025 | 14.32% |
| Jun 30, 2025 | 7.21% |
| Mar 31, 2025 | 10.86% |
| Dec 31, 2024 | 13.51% |
| Sep 30, 2024 | 17.10% |
| Jun 30, 2024 | 19.71% |
| Mar 31, 2024 | 18.99% |
| Dec 31, 2023 | 21.18% |
| Sep 30, 2023 | 21.89% |
| Jun 30, 2023 | 24.71% |
| Mar 31, 2023 | 27.27% |
| Dec 31, 2022 | 25.73% |
| Sep 25, 2022 | 26.34% |
| Jun 26, 2022 | 24.22% |
| Mar 27, 2022 | 24.23% |
| Dec 31, 2021 | 26.60% |
| Sep 26, 2021 | 23.55% |
Harley-Davidson Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=HOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "HOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=HOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();