Harley-Davidson annual net debt
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2025
Harley-Davidson Net Debt Growth & History (HOG)
Harley-Davidson's net debt was −$38.0M for fiscal 2025.
View full Harley-Davidson company overviewHarley-Davidson annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$38.0M | −$5.47B | — |
| 2024 | 2024-12-31 | $5.44B | −$225.4M | −3.98% |
| 2023 | 2023-12-31 | $5.66B | $140.1M | +2.54% |
| 2022 | 2022-12-31 | $5.52B | $438.0M | +8.62% |
| 2021 | 2021-12-31 | $5.08B | −$722.5M | −12.44% |
| 2020 | 2020-12-31 | $5.81B | −$890.0M | −13.29% |
| 2019 | 2019-12-31 | $6.70B | $280.7M | +4.37% |
| 2018 | 2018-12-31 | $6.42B | $95.2M | +1.51% |
| 2017 | 2017-12-31 | $6.32B | $250.5M | +4.13% |
| 2016 | 2016-12-31 | $6.07B | −$79.7M | −1.30% |
| 2015 | 2015-12-31 | $6.15B | $1.55B | +33.76% |
| 2014 | 2014-12-31 | $4.60B | $405.4M | +9.67% |
| 2013 | 2013-12-31 | $4.19B | $158.0M | +3.92% |
| 2012 | 2012-12-31 | $4.03B | −$161.2M | −3.84% |
| 2011 | 2011-12-31 | $4.20B | $2.22B | +112.42% |
| 2010 | 2010-12-31 | $1.98B | −$2.03B | −50.69% |
| 2009 | 2009-12-31 | $4.01B | $659.7M | +19.72% |
| 2008 | 2008-12-31 | $3.35B | — | — |
Harley-Davidson quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $411.3M | −$4.91B | −92.27% |
| Q1 2026 | 2026-03-31 | $395.2M | −$5.02B | −92.71% |
| Q4 2025 | 2025-12-31 | −$38.0M | −$5.47B | — |
| Q3 2025 | 2025-09-30 | $3.44B | −$2.17B | −38.66% |
| Q2 2025 | 2025-06-30 | $5.32B | −$341.8M | −6.03% |
| Q1 2025 | 2025-03-31 | $5.42B | −$375.6M | −6.48% |
| Q4 2024 | 2024-12-31 | $5.44B | −$225.4M | −3.98% |
| Q3 2024 | 2024-09-30 | $5.61B | $123.0M | +2.24% |
| Q2 2024 | 2024-06-30 | $5.67B | $65.7M | +1.17% |
| Q1 2024 | 2024-03-31 | $5.79B | $142.6M | +2.52% |
| Q4 2023 | 2023-12-31 | $5.66B | $140.1M | +2.54% |
| Q3 2023 | 2023-09-30 | $5.48B | $3.3M | +0.06% |
| Q2 2023 | 2023-06-30 | $5.60B | −$42.7M | −0.76% |
| Q1 2023 | 2023-03-31 | $5.65B | $387.6M | +7.36% |
| Q4 2022 | 2022-12-31 | $5.52B | $438.0M | +8.62% |
| Q3 2022 | 2022-09-25 | $5.48B | $239.9M | +4.58% |
| Q2 2022 | 2022-06-26 | $5.64B | $244.6M | +4.53% |
| Q1 2022 | 2022-03-27 | $5.26B | −$358.1M | −6.37% |
| Q4 2021 | 2021-12-31 | $5.08B | −$722.5M | −12.44% |
| Q3 2021 | 2021-09-26 | $5.24B | −$756.5M | −12.61% |
| Q2 2021 | 2021-06-27 | $5.40B | −$1.02B | −15.92% |
| Q1 2021 | 2021-03-28 | $5.62B | −$1.11B | −16.51% |
| Q4 2020 | 2020-12-31 | $5.81B | −$890.0M | −13.29% |
| Q3 2020 | 2020-09-27 | $6.00B | −$598.6M | −9.08% |
| Q2 2020 | 2020-06-28 | $6.42B | −$164.0M | −2.49% |
| Q1 2020 | 2020-03-29 | $6.73B | $116.2M | +1.76% |
| Q4 2019 | 2019-12-31 | $6.70B | $280.7M | +4.37% |
| Q3 2019 | 2019-09-29 | $6.60B | $425.8M | +6.90% |
| Q2 2019 | 2019-06-30 | $6.58B | $421.6M | +6.84% |
| Q1 2019 | 2019-03-31 | $6.62B | $352.3M | +5.62% |
| Q4 2018 | 2018-12-31 | $6.42B | $95.2M | +1.51% |
| Q3 2018 | 2018-09-30 | $6.17B | −$120.4M | −1.91% |
| Q2 2018 | 2018-07-01 | $6.16B | −$21.5M | −0.35% |
| Q1 2018 | 2018-04-01 | $6.26B | $133.1M | +2.17% |
| Q4 2017 | 2017-12-31 | $6.32B | $250.5M | +4.13% |
| Q3 2017 | 2017-09-24 | $6.29B | $154.0M | +2.51% |
| Q2 2017 | 2017-06-25 | $6.18B | −$12.8M | −0.21% |
| Q1 2017 | 2017-03-26 | $6.13B | −$287.2M | −4.47% |
| Q4 2016 | 2016-12-31 | $6.07B | −$79.7M | −1.30% |
| Q3 2016 | 2016-09-25 | $6.14B | $587.9M | +10.60% |
| Q2 2016 | 2016-06-26 | $6.20B | $1.23B | +24.85% |
| Q1 2016 | 2016-03-27 | $6.42B | $1.67B | +35.31% |
| Q4 2015 | 2015-12-31 | $6.15B | $1.55B | +33.76% |
| Q3 2015 | 2015-09-27 | $5.55B | $1.08B | +24.28% |
| Q2 2015 | 2015-06-28 | $4.96B | $603.9M | +13.85% |
| Q1 2015 | 2015-03-29 | $4.74B | $585.0M | +14.07% |
| Q4 2014 | 2014-12-31 | $4.60B | $405.4M | +9.67% |
| Q3 2014 | 2014-09-28 | $4.46B | $310.4M | +7.47% |
| Q2 2014 | 2014-06-29 | $4.36B | $123.9M | +2.93% |
| Q1 2014 | 2014-03-30 | $4.16B | −$117.7M | −2.75% |
| Q4 2013 | 2013-12-31 | $4.19B | $158.0M | +3.92% |
| Q3 2013 | 2013-09-29 | $4.15B | $74.4M | +1.82% |
| Q2 2013 | 2013-06-30 | $4.24B | −$23.1M | −0.54% |
| Q1 2013 | 2013-03-31 | $4.28B | −$15.2M | −0.35% |
| Q4 2012 | 2012-12-31 | $4.03B | −$161.2M | −3.84% |
| Q3 2012 | 2012-09-30 | $4.08B | $1.93B | +89.66% |
| Q2 2012 | 2012-07-01 | $4.26B | $1.64B | +62.91% |
| Q1 2012 | 2012-04-01 | $4.29B | $1.87B | +77.03% |
| Q4 2011 | 2011-12-31 | $4.20B | $2.22B | +112.42% |
| Q3 2011 | 2011-09-25 | $2.15B | $41.3M | +1.96% |
| Q2 2011 | 2011-06-26 | $2.61B | $539.3M | +25.99% |
| Q1 2011 | 2011-03-27 | $2.42B | $447.3M | +22.63% |
| Q4 2010 | 2010-12-31 | $1.98B | −$2.03B | −50.69% |
| Q3 2010 | 2010-09-26 | $2.11B | −$1.54B | −42.23% |
| Q2 2010 | 2010-06-27 | $2.07B | −$1.63B | −44.01% |
| Q1 2010 | 2010-03-28 | $1.98B | — | — |
| Q4 2009 | 2009-12-31 | $4.01B | $659.7M | +19.72% |
| Q3 2009 | 2009-09-27 | $3.65B | — | — |
| Q2 2009 | 2009-06-28 | $3.71B | — | — |
| Q4 2008 | 2008-12-31 | $3.35B | — | — |
Harley-Davidson net debt trends
Over the last five fiscal years, Harley-Davidson's net debt decreased from $5.81B to −$38.0M, a change of −$5.84B. The latest reported quarter, Q2 2026, shows $411.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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