Harley-Davidson Inc (HOG)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 423,635 | 410,634 | 437,926 | 484,633 |
| Total assets | US$ in thousands | 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 | 10,528,200 | 10,576,200 | 10,740,300 | 10,580,600 |
| ROA | 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% | 4.02% | 3.88% | 4.08% | 4.58% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $706,586K ÷ $12,140,600K
= 5.82%
The return on assets (ROA) for Harley-Davidson, Inc. has shown a fluctuating trend over the past eight quarters. The ROA ranged from a low of 5.14% in Q2 2022 to a high of 6.84% in Q1 2023, indicating variability in the company's efficiency in generating profits from its assets. Overall, the average ROA over the period appears to be relatively stable, with the most recent ROA at 5.82% in Q4 2023, slightly lower than the previous quarter. This suggests that Harley-Davidson may be experiencing some challenges in maximizing its asset utilization and profitability in the current operating environment. Further analysis of the company's financial performance and strategic initiatives would be necessary to determine the underlying factors contributing to these fluctuations in ROA.
Peer comparison
Dec 31, 2023