Harley-Davidson Inc (HOG)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,809,097 | 1,889,922 | 1,923,427 | 1,977,182 | 2,141,380 | 2,367,904 | 2,482,148 | 2,314,727 | 2,027,334 | 1,820,946 | 1,652,517 | 1,666,632 | 1,711,767 | 1,649,002 | 1,610,407 | 1,221,371 | 1,024,110 | 1,112,290 | 1,126,850 | 1,544,564 |
| Revenue (ttm) | US$ in thousands | 5,186,809 | 5,552,410 | 5,950,770 | 5,777,400 | 5,836,480 | 5,925,550 | 6,025,070 | 6,048,640 | 5,755,140 | 5,629,290 | 5,346,020 | 5,408,990 | 5,336,310 | 5,045,102 | 4,845,472 | 4,178,639 | 4,054,369 | 4,401,417 | 4,508,257 | 5,275,650 |
| Gross profit margin | 34.88% | 34.04% | 32.32% | 34.22% | 36.69% | 39.96% | 41.20% | 38.27% | 35.23% | 32.35% | 30.91% | 30.81% | 32.08% | 32.69% | 33.24% | 29.23% | 25.26% | 25.27% | 25.00% | 29.28% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,809,097K ÷ $5,186,809K
= 34.88%
Harley-Davidson Inc's gross profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 29.28% in March 2020, declined to 25.00% by June 2020, and then gradually increased to 41.20% by June 2023. However, there was a slight dip to 34.88% by December 31, 2024.
Overall, the trend in Harley-Davidson Inc's gross profit margin indicates some variability but generally shows an improvement over the period. This increase in gross profit margin may suggest effective cost management, improved production efficiency, or possibly changes in product pricing strategies. Monitoring and analyzing this metric over time can provide insights into the company's operational performance and competitiveness in the market.
Peer comparison
Dec 31, 2024