Harley-Davidson Inc (HOG)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 8.03% | 10.60% | 11.63% | 11.64% | 13.35% | 12.94% | 16.12% | 18.04% | 17.56% | 18.42% | 15.47% | 14.17% | 15.43% | 14.10% | 13.31% | 5.94% | 0.24% | 3.22% | 2.74% | 9.40% |
| Pretax margin | 9.97% | 12.46% | 13.40% | 13.25% | 14.85% | 14.93% | 16.40% | 17.07% | 16.18% | 16.24% | 14.40% | 14.23% | 15.35% | 13.65% | 12.88% | 5.50% | -0.39% | 2.80% | 2.39% | 9.13% |
| Net profit margin | 8.78% | 10.77% | 11.39% | 11.03% | 12.11% | 12.20% | 13.03% | 13.61% | 12.88% | 12.81% | 11.65% | 11.34% | 12.18% | 10.55% | 10.10% | 4.56% | 0.03% | 2.53% | 1.72% | 6.93% |
Gross Profit Margin:
- Harley-Davidson Inc's gross profit margin has shown a general increasing trend from 29.28% on March 31, 2020, to 34.88% on December 31, 2024. This indicates the company has been effectively controlling its production costs and improving its pricing strategies over the years.
Operating Profit Margin:
- The operating profit margin fluctuated for Harley-Davidson Inc during the period under review. It peaked at 18.42% on September 30, 2022, before declining to 8.03% on December 31, 2024. This suggests some volatility in the company's operational efficiency and cost management.
Pretax Margin:
- Harley-Davidson Inc's pretax margin exhibited a gradual uptrend, reaching its highest point of 17.07% on March 31, 2023. However, it slightly declined to 9.97% by December 31, 2024. The consistent improvement in pretax margin signifies effective revenue generation and cost control strategies.
Net Profit Margin:
- The net profit margin for Harley-Davidson Inc increased from 6.93% on March 31, 2020, to 11.39% on June 30, 2024, before declining to 8.78% by December 31, 2024. This indicates the company's ability to effectively manage its expenses and generate profits, although there was a slight decrease in profitability towards the end of the period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.51% | 4.52% | 5.43% | 5.45% | 6.42% | 6.15% | 8.08% | 9.07% | 8.79% | 8.70% | 6.82% | 7.04% | 7.45% | 6.35% | 5.91% | 2.19% | 0.08% | 1.13% | 0.94% | 4.45% |
| Return on assets (ROA) | 3.83% | 4.59% | 5.31% | 5.17% | 5.82% | 5.80% | 6.53% | 6.84% | 6.45% | 6.05% | 5.14% | 5.63% | 5.88% | 4.75% | 4.49% | 1.68% | 0.01% | 0.89% | 0.59% | 3.28% |
| Return on total capital | 17.31% | 20.65% | 23.68% | 23.42% | 26.82% | 26.92% | 31.19% | 33.70% | 32.85% | 33.10% | 30.24% | 31.54% | 32.81% | 30.75% | 31.75% | 15.21% | 3.59% | 11.25% | 8.75% | 30.50% |
| Return on equity (ROE) | 14.38% | 17.43% | 19.71% | 19.10% | 21.72% | 21.82% | 24.62% | 26.58% | 25.51% | 25.39% | 23.64% | 24.45% | 25.46% | 22.80% | 22.40% | 9.65% | 0.08% | 6.28% | 4.78% | 21.60% |
Harley-Davidson Inc's profitability ratios show a mixed performance over the analyzed period.
1. Operating return on assets (Operating ROA) steadily improved from 4.45% in March 2020 to a peak of 9.07% in March 2023, before declining to 6.42% in December 2023. This ratio indicates how effectively the company is generating operating profits from its assets.
2. Return on assets (ROA) also showed a similar trend, increasing from 3.28% in March 2020 to 6.84% in March 2023, before decreasing to 3.83% in December 2024. ROA reflects the company's overall efficiency in generating profits from its total assets.
3. Return on total capital peaked at 33.70% in March 2023, demonstrating the company's ability to generate returns from both equity and debt capital. However, it declined to 17.31% by December 2024, indicating a drop in overall capital efficiency.
4. Return on equity (ROE) followed a similar pattern, with a peak of 26.58% in March 2023, before declining to 14.38% in December 2024. ROE measures how effectively the company is utilizing shareholder equity to generate profits.
Overall, while Harley-Davidson Inc demonstrated strong profitability ratios in the mid-analyzed period, there was a noticeable decline towards the end of the period, indicating potential challenges in maintaining profitability levels. Monitoring these ratios over time can provide insights into the company's financial performance and efficiency.