Harley-Davidson Inc (HOG)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 517,138 | 866,876 | 931,233 | 819,237 | -15,730 |
| Revenue | US$ in thousands | 5,186,800 | 5,836,480 | 5,755,130 | 5,336,310 | 4,054,380 |
| Pretax margin | 9.97% | 14.85% | 16.18% | 15.35% | -0.39% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $517,138K ÷ $5,186,800K
= 9.97%
The pretax margin of Harley-Davidson Inc has shown fluctuations over the past five years. In December 2020, the pretax margin was negative at -0.39%, indicating that the company had incurred losses before taxes during that period. However, in the following years, there was a significant improvement in profitability.
In December 2021, the pretax margin increased to 15.35%, demonstrating a strong performance and profitability. This positive trend continued in December 2022 and December 2023, with pretax margins of 16.18% and 14.85% respectively.
However, in December 2024, there was a noticeable drop in the pretax margin to 9.97%, suggesting a decrease in profitability compared to the previous year.
Overall, while Harley-Davidson Inc has shown improvements in pretax margin in recent years, there was a slight decline in profitability in the most recent period. It would be important for the company to closely monitor and manage its expenses and revenue streams to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024