Harley-Davidson Inc (HOG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 416,627 | 779,084 | 909,278 | 823,439 | 62,184 |
| Revenue | US$ in thousands | 5,186,800 | 5,836,480 | 5,755,130 | 5,336,310 | 4,054,380 |
| Operating profit margin | 8.03% | 13.35% | 15.80% | 15.43% | 1.53% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $416,627K ÷ $5,186,800K
= 8.03%
The operating profit margin of Harley-Davidson Inc has shown significant fluctuations over the past five years.
In December 2020, the operating profit margin was relatively low at 1.53%, indicating that the company was not generating a high level of profits from its core operations.
However, there was a substantial improvement in the operating profit margin in December 2021, reaching 15.43%, reflecting a significant increase in profitability and operational efficiency. This increase continued into December 2022, with the operating profit margin reaching 15.80%, suggesting that the company was effectively managing its costs and increasing its profitability.
The trend reversed in December 2023, as the operating profit margin decreased to 13.35%, indicating a slight decline in profitability compared to the previous year. This decline continued into December 2024, with the operating profit margin further dropping to 8.03%, signaling a more significant decrease in profitability.
Overall, while there were fluctuations in the operating profit margin of Harley-Davidson Inc over the specified period, the company experienced a notable improvement in profitability in 2021 and 2022, followed by a decline in the subsequent years. This suggests that the company may need to focus on managing its costs and improving operational efficiency to sustain and enhance its profitability levels in the future.
Peer comparison
Dec 31, 2024