Harley-Davidson Inc (HOG)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 706,586 | 741,408 | 650,024 | 1,298 | 423,635 |
| Revenue | US$ in thousands | 5,836,480 | 5,755,130 | 5,336,310 | 4,054,380 | 5,361,790 |
| Net profit margin | 12.11% | 12.88% | 12.18% | 0.03% | 7.90% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $706,586K ÷ $5,836,480K
= 12.11%
The net profit margin for Harley-Davidson, Inc. has varied over the past five years. In 2023, the net profit margin was 12.11%, showing a slight decrease compared to 2022 where it was 12.88%. Despite this decline, the company maintained a relatively strong profitability level. Looking further back, in 2021, the net profit margin was 12.18%, indicating consistency in maintaining profitability. In 2020, there was a significant drop in the net profit margin to 0.03%, which suggests a challenging year for the company in terms of generating profits. However, in 2019, the net profit margin recovered to 7.90%, reflecting an improvement in profitability compared to 2020.
Overall, Harley-Davidson, Inc.'s net profit margin has shown fluctuation over the years, with the company experiencing both strong and challenging periods in terms of generating profits. It is essential for investors and stakeholders to monitor the company's profitability trends closely to assess its financial health and sustainability in the long term.
Peer comparison
Dec 31, 2023