Harley-Davidson Cash Flow Statement
HOG / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Harley-Davidson generated $569M in operating cash flow and $415M in free cash flow in FY2025. Free cash flow margin was 9.3% of revenue.
Based on SEC 10-K filings.
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $338.7M | $455.4M | $650.0M | $1.3M | $650.0M | $1.3M | $423.6M | $531.5M | $521.8M | $844.6M | $752.2M | $844.6M | $734.0M | $623.9M | $599.1M |
| Depreciation & Amortization | $172.4M | $160.7M | $165.2M | $185.7M | $165.2M | $185.7M | $232.5M | $264.9M | $222.2M | $179.3M | $198.1M | $179.3M | $167.1M | $169.0M | $180.4M |
| Operating Cash Flow | $568.9M | $1.1B | $975.7M | $1.2B | $975.7M | $1.2B | $868.3M | $1.2B | $1.0B | $1.1B | $1.1B | $1.1B | $977.1M | $801.5M | $885.3M |
| Capital Expenditures | $153.7M | $196.6M | $120.2M | $131.1M | $120.2M | $131.1M | $181.4M | $213.5M | $206.3M | $232.3M | $260.0M | $232.3M | $208.3M | $189.0M | $189.0M |
| Free Cash Flow | $415.2M | $867.3M | $855.5M | $1.0B | $855.5M | $1.0B | $686.8M | $992.4M | $798.8M | $914.4M | $840.1M | $914.4M | $768.8M | $612.5M | $696.3M |
| Share Buybacks | $353.3M | $459.8M | $11.6M | $8.0M | $11.6M | $8.0M | $296.5M | $390.6M | $465.3M | $615.6M | $1.5B | $615.6M | $479.2M | $311.6M | $224.5M |
| Dividends Paid | $86.4M | $91.2M | $92.4M | $68.1M | $92.4M | $68.1M | $237.2M | $245.8M | $251.9M | $238.3M | $249.3M | $238.3M | $187.7M | $141.7M | $111.0M |
| FCF Margin | 9.3% | 16.7% | 16.0% | 25.8% | 16.0% | 25.8% | 12.8% | 17.4% | 14.1% | 14.7% | 14.0% | 14.7% | 13.0% | 11.0% | 13.1% |