Harley-Davidson, Inc. (HOG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 4.74B | 5.59B | 8.24B | 5.15B | 5.65B | 5B | 5.89B | 5.64B | 5.39B | 5.16B | 5.42B | 5.01B | 5.29B | 4.75B | 5.01B | 5.31B | 4.39B | 4.55B | 4.71B | 4.47B |
| Cash & Short-Term Investments | 1.81B | 3.09B | 1.83B | 1.59B | 1.93B | 1.59B | 2.24B | 1.85B | 1.46B | 1.53B | 1.88B | 1.52B | 1.56B | 1.43B | 1.73B | 2.19B | 1.39B | 1.87B | 2.06B | 1.74B |
| Cash Only | 1.81B | 3.09B | 1.83B | 1.59B | 1.93B | 1.59B | 2.24B | 1.85B | 1.46B | 1.53B | 1.88B | 1.52B | 1.56B | 1.43B | 1.73B | 2.19B | 1.39B | 1.87B | 2.06B | 1.74B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.9B | 225.76M | 5.61B | 2.45B | 2.6B | 2.27B | 2.61B | 2.79B | 2.83B | 2.38B | 2.42B | 2.31B | 2.58B | 2.03B | 2.11B | 1.98B | 1.95B | 1.65B | 1.82B | 1.89B |
| Days Sales Outstanding | 81.59 | 540.79 | 276.57 | 175.92 | 164.73 | 326.07 | 215.96 | 158.05 | 137.06 | 209.57 | 140.35 | 153.87 | 116.08 | 175.91 | 112.75 | 121.75 | 103.58 | 163.92 | 123.86 | 116.06 |
| Inventory | 622.19M | 730.9M | 512.19M | 630.29M | 712.31M | 745.79M | 681.86M | 668.92M | 779.58M | 929.95M | 768.76M | 846.03M | 830.52M | 950.96M | 680.76M | 726.59M | 714.26M | 712.94M | 475.31M | 457.65M |
| Days Inventory Outstanding | - | 93.83 | 60.52 | 65.09 | 76.32 | 122.87 | 87.14 | 64.76 | 69.92 | 108.57 | 75.99 | 87.02 | 74.17 | 105.66 | 63.56 | 70.69 | 65.45 | 81.38 | 47.43 | 43.42 |
| Other Current Assets | 415.3M | 1.54B | 297.44M | 477.04M | 403.82M | 395.43M | 355.91M | 325.49M | 312.48M | 319.04M | 358.39M | 337.32M | 319.63M | 331.66M | 493M | 410.3M | 325.34M | 314.71M | 348.35M | 376.9M |
| Total Non-Current Assets | 2.5B | 2.46B | 2.32B | 6.9B | 6.74B | 6.88B | 7.14B | 7.12B | 6.95B | 6.98B | 7.04B | 7B | 6.74B | 6.74B | 6.92B | 6.81B | 6.51B | 6.5B | 6.49B | 6.44B |
| Property, Plant & Equipment | 801.73M | 0 | 786.39M | 790.05M | 814.02M | 820.92M | 798.3M | 782.34M | 784.69M | 801.37M | 772.34M | 761.34M | 733.59M | 733.82M | 682.19M | 696.4M | 708.88M | 733.61M | 719.34M | 735.59M |
| Fixed Asset Turnover | 1.46x | - | 1.70x | 1.63x | 1.63x | 0.85x | 1.46x | 2.07x | 2.18x | 1.34x | 2.02x | 1.93x | 2.44x | 1.61x | 2.39x | 2.09x | 2.07x | 1.40x | 1.88x | 2.04x |
| Goodwill | 63.44M | 63.91M | 63.85M | 63.84M | 62.35M | 61.66M | 62.91M | 62.15M | 62.29M | 62.7M | 61.94M | 62.45M | 62.43M | 62.09M | 60.44M | 61.89M | 62.61M | 63.18M | 63.84M | 65.39M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 5.57M | 0 | 0 | 0 | 7.03M | 0 | 0 | 0 | 6.39M | 0 | 0 | 0 | 7.51M | 0 | 0 |
| Long-Term Investments | 896.32M | 719.06M | 746.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 674.13M | 1.67B | 634.87M | 5.87B | 5.7B | 5.82B | 6.11B | 6.12B | 5.95B | 5.94B | 6.06B | 6.03B | 5.8B | 5.8B | 6.1B | 5.99B | 5.66B | 5.61B | 5.58B | 5.51B |
| Total Assets | 7.25B | 8.04B | 10.57B | 12.05B | 12.38B | 11.88B | 13.03B | 12.76B | 12.33B | 12.14B | 12.46B | 12.02B | 12.03B | 11.49B | 11.93B | 12.12B | 10.89B | 11.05B | 11.2B | 10.91B |
| Asset Turnover | 0.15x | 0.05x | 0.12x | 0.11x | 0.11x | 0.06x | 0.09x | 0.13x | 0.14x | 0.09x | 0.13x | 0.12x | 0.15x | 0.10x | 0.14x | 0.13x | 0.14x | 0.09x | 0.12x | 0.14x |
| Asset Growth % | -41.48% | -32.29% | -18.89% | -5.56% | 0.38% | -2.13% | 4.53% | 6.2% | 2.54% | 5.64% | 4.48% | -0.87% | 10.42% | 3.99% | 6.5% | 11.11% | -3.92% | -7.99% | -10.63% | -17.08% |
| Total Current Liabilities | 2.48B | 2.66B | 3.28B | 3.77B | 3.62B | 3.56B | 4.17B | 3.76B | 3.49B | 3.38B | 2.67B | 2.47B | 3.08B | 3.53B | 3.68B | 3.68B | 3.28B | 3.34B | 3.43B | 3.45B |
| Accounts Payable | 459.36M | 1.06B | 342.79M | 367.38M | 443.13M | 298.72M | 305.62M | 377.07M | 397.51M | 349.16M | 382.13M | 359.43M | 404.41M | 378M | 438.53M | 416.7M | 476.92M | 374.98M | 382.22M | 430.88M |
| Days Payables Outstanding | - | 105.98 | 37.62 | 39.3 | 38.83 | 52.01 | 44.04 | 34.63 | 30.54 | 46.74 | 34.9 | 39.65 | 32.58 | 52.87 | 38.63 | 43.84 | 39.07 | 51.86 | 41.34 | 38.98 |
| Short-Term Debt | 996.93M | 1.33B | 2.01B | 2.49B | 2.34B | 2.49B | 3.06B | 2.52B | 2.22B | 2.13B | 1.45B | 1.3B | 1.91B | 2.46B | 2.43B | 2.59B | 2.14B | 2.29B | 2.36B | 2.33B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 23.08M | 0 | 0 | 0 | 23.36M | 0 | 0 | 0 | 17.61M | 0 | 0 | 0 | 18.29M | 92.63M | 101.67M |
| Other Current Liabilities | 1.02B | 262.84M | 292.67M | 243.1M | 178.38M | 173.41M | 178.64M | 206.97M | 240.44M | 266.12M | 250.99M | 216.29M | 144.85M | 105.73M | 97.86M | 78M | 65.05M | 77.5M | 0 | 0 |
| Current Ratio | 1.91x | 2.10x | 2.51x | 1.37x | 1.56x | 1.40x | 1.41x | 1.50x | 1.54x | 1.53x | 2.03x | 2.03x | 1.72x | 1.34x | 1.36x | 1.44x | 1.34x | 1.36x | 1.37x | 1.30x |
| Quick Ratio | 1.66x | 1.83x | 2.36x | 1.20x | 1.36x | 1.19x | 1.25x | 1.32x | 1.32x | 1.25x | 1.74x | 1.69x | 1.45x | 1.08x | 1.18x | 1.25x | 1.12x | 1.15x | 1.23x | 1.16x |
| Cash Conversion Cycle | - | 528.65 | 299.47 | 201.71 | 202.22 | 396.93 | 259.06 | 188.18 | 176.44 | 271.4 | 181.45 | 201.24 | 157.68 | 228.7 | 137.69 | 148.6 | 129.96 | 193.44 | 129.95 | 120.5 |
| Total Non-Current Liabilities | 1.69B | 2.23B | 3.73B | 4.97B | 5.59B | 5.17B | 5.43B | 5.56B | 5.51B | 5.5B | 6.48B | 6.36B | 5.85B | 5.05B | 5.41B | 5.81B | 5.1B | 5.15B | 5.44B | 5.27B |
| Long-Term Debt | 1.13B | 1.65B | 3.15B | 4.37B | 4.96B | 4.47B | 4.74B | 4.95B | 4.99B | 4.99B | 5.86B | 5.77B | 5.28B | 4.46B | 4.74B | 5.2B | 4.47B | 4.6B | 4.88B | 4.75B |
| Capital Lease Obligations | 68.43M | 69.42M | 52.49M | 56.3M | 47.97M | 47.42M | 51.95M | 45.35M | 48.39M | 51.85M | 52.24M | 56.11M | 26.67M | 26.78M | 23.84M | 26.7M | 27.63M | 29.9M | 26.02M | 21.71M |
| Deferred Tax Liabilities | 5.52M | 5.51M | 17.66M | 17.03M | 17.02M | 16.89M | 33.49M | 33.5M | 33.51M | 33.51M | 29.53M | 31.52M | 31.03M | 29.53M | 8.31M | 9.19M | 9.58M | 9.26M | 8.59M | 8.91M |
| Other Non-Current Liabilities | 478.59M | 504.73M | 508.96M | 530.73M | 558.67M | 632.61M | 607.08M | 533.86M | 436.72M | 428.05M | 540.35M | 506.37M | 516.28M | 538.4M | 637.11M | 570.36M | 594.98M | 520.14M | 524.9M | 498.16M |
| Total Liabilities | 4.17B | 4.89B | 7.01B | 8.74B | 9.21B | 8.72B | 9.6B | 9.33B | 9B | 8.89B | 9.15B | 8.83B | 8.93B | 8.59B | 9.09B | 9.49B | 8.39B | 8.5B | 8.87B | 8.72B |
| Total Debt | 2.2B | 3.05B | 5.21B | 6.91B | 7.35B | 7.03B | 7.85B | 7.51B | 7.26B | 7.2B | 7.36B | 7.12B | 7.21B | 6.96B | 7.2B | 7.82B | 6.64B | 6.94B | 7.26B | 7.1B |
| Net Debt | 395.15M | -38.05M | 3.39B | 5.32B | 5.42B | 5.44B | 5.61B | 5.67B | 5.79B | 5.66B | 5.48B | 5.6B | 5.65B | 5.52B | 5.46B | 5.63B | 5.25B | 5.06B | 5.2B | 5.36B |
| Debt / Equity | 0.71x | 0.97x | 1.46x | 2.09x | 2.32x | 2.22x | 2.29x | 2.19x | 2.18x | 2.21x | 2.22x | 2.23x | 2.33x | 2.39x | 2.53x | 2.97x | 2.65x | 2.72x | 3.11x | 3.25x |
| Debt / EBITDA | 93.65x | - | 9.97x | 45.21x | 36.34x | - | 54.14x | 26.84x | 23.83x | 295.26x | 29.49x | 27.47x | 17.85x | 170.52x | 19.13x | 24.77x | 20.22x | 195.98x | 29.58x | 22.08x |
| Net Debt / EBITDA | 16.82x | - | 6.48x | 34.82x | 26.79x | - | 38.67x | 20.23x | 19.02x | 232.33x | 21.96x | 21.60x | 13.99x | 135.39x | 14.53x | 17.82x | 15.97x | 143.01x | 21.18x | 16.66x |
| Interest Coverage | 6.58x | -42.28x | 47.29x | 17.91x | 24.16x | -21.17x | 18.25x | 35.39x | 38.81x | 1.59x | 31.99x | 31.15x | 51.78x | 3.94x | 43.06x | 36.81x | 38.68x | 1.71x | 26.39x | 36.75x |
| Total Equity | 3.08B | 3.16B | 3.56B | 3.31B | 3.17B | 3.16B | 3.43B | 3.43B | 3.34B | 3.25B | 3.31B | 3.19B | 3.1B | 2.91B | 2.84B | 2.64B | 2.51B | 2.55B | 2.33B | 2.18B |
| Equity Growth % | -2.95% | -0.05% | 3.98% | -3.65% | -4.87% | -2.88% | 3.44% | 7.63% | 7.76% | 11.89% | 16.59% | 21.05% | 23.38% | 13.85% | 21.69% | 20.64% | 26.95% | 48.2% | 31.87% | 34.52% |
| Book Value per Share | 27.81 | 27.62 | 29.27 | 26.79 | 25.45 | 25.02 | 26.15 | 25.60 | 24.37 | 22.99 | 22.94 | 21.88 | 20.79 | 19.51 | 19.31 | 17.82 | 16.30 | 16.45 | 15.05 | 14.08 |
| Total Shareholders' Equity | 3.06B | 3.14B | 3.57B | 3.32B | 3.18B | 3.17B | 3.43B | 3.44B | 3.34B | 3.25B | 3.31B | 3.19B | 3.09B | 2.9B | 2.84B | 2.64B | 2.51B | 2.55B | 2.33B | 2.18B |
| Common Stock | 1.74M | 1.73M | 1.73M | 1.73M | 1.73M | 1.72M | 1.72M | 1.72M | 1.72M | 1.71M | 1.71M | 1.71M | 1.71M | 1.7M | 1.7M | 1.7M | 1.7M | 1.69M | 1.69M | 1.69M |
| Retained Earnings | 3.72B | 3.72B | 4.02B | 3.66B | 3.58B | 3.47B | 3.6B | 3.51B | 3.31B | 3.1B | 3.1B | 2.92B | 2.77B | 2.49B | 2.47B | 2.23B | 2.04B | 1.84B | 1.84B | 1.7B |
| Treasury Stock | -2.25B | -2.11B | -1.95B | -1.85B | -1.85B | -1.76B | -1.66B | -1.51B | -1.41B | -1.3B | -1.17B | -1.1B | -1.03B | -935.06M | -934.93M | -922.27M | -858.7M | -596.96M | -596.88M | -597.84M |
| Accumulated OCI | -272.1M | -257.14M | -306.29M | -298.42M | -338.18M | -332.71M | -298.71M | -337.87M | -332.56M | -304.96M | -356.74M | -356.12M | -354.65M | -341.93M | -273.99M | -242.28M | -229.61M | -240.92M | -455.12M | -455.14M |
| Minority Interest | 15.95M | 16.18M | -11.02M | -8.99M | -8.49M | -7.55M | -6.19M | -4.44M | -1.64M | -513K | 1.25M | 960K | 2.79M | 3.29M | 0 | 0 | 0 | 0 | 0 | 0 |