Harley-Davidson, Inc. (HOG) Return on equity 2016–2025
Harley-Davidson, Inc. (HOG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
10.8%FY2025 · since FY2016: 36.0% → 10.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 10.8% | -3.6 pp |
| FY2024 | 14.4% | -7.3 pp |
| FY2023 | 21.7% | -3.8 pp |
| FY2022 | 25.5% | +0.1 pp |
| FY2021 | 25.5% | +25.4 pp |
| FY2020 | 0.1% | -23.4 pp |
| FY2019 | 23.5% | -6.5 pp |
| FY2018 | 30.0% | +1.7 pp |
| FY2017 | 28.3% | -7.8 pp |
| FY2016 | 36.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice