Harley-Davidson Inc (HOG)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 455,358 | 598,058 | 677,667 | 637,437 | 706,586 | 722,649 | 785,186 | 822,996 | 741,408 | 721,104 | 622,891 | 613,382 | 650,024 | 532,059 | 489,304 | 190,747 | 1,298 | 111,192 | 77,537 | 365,385 |
| Total assets | US$ in thousands | 11,881,600 | 13,026,700 | 12,760,200 | 12,334,900 | 12,140,600 | 12,462,200 | 12,015,600 | 12,029,600 | 11,492,500 | 11,927,600 | 12,121,600 | 10,894,600 | 11,051,100 | 11,199,800 | 10,909,200 | 11,339,000 | 12,010,600 | 12,532,300 | 13,156,200 | 11,139,900 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $455,358K ÷ $11,881,600K
= 3.83%
Harley-Davidson Inc's return on assets (ROA) has shown fluctuations over the past few years. From March 31, 2020, to December 31, 2022, the ROA generally increased from 3.28% to 6.45%, indicating improved efficiency in generating profits from its assets.
However, starting from the first quarter of 2023, the ROA started to decline slightly, reaching 5.82% by the end of December 31, 2023. This downward trend continued into 2024, with the ROA further decreasing to 3.83% by the end of December 31, 2024.
Although the ROA has shown a decrease towards the end of the period, it is important to evaluate the trend over a longer period to assess the company's overall profitability and asset utilization.
Peer comparison
Dec 31, 2024