Harley-Davidson Inc (HOG) — Capital Reinvestment Ratio
Harley-Davidson Inc (HOG) has a Capital Reinvestment Ratio of 0.08x as of June 2026, meaning it reinvests 0% of its operating cash flow ($168.34 Million) in capital expenditures ($12.90 Million). Check tangible net worth ratio of Harley-Davidson Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Harley-Davidson Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Harley-Davidson Inc's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see HOG cash generation efficiency.
Annual Capital Reinvestment Ratio for Harley-Davidson Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Harley-Davidson Inc from 1989 to 2025. See Harley-Davidson Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.27x | $568.92 Million | $153.68 Million | ▲ +46.2% |
| 2024 | 0.18x | $1.06 Billion | $196.56 Million | ▼ -32.7% |
| 2023 | 0.27x | $754.89 Million | $207.40 Million | ▼ -0.6% |
| 2022 | 0.28x | $548.46 Million | $151.67 Million | ▲ +124.5% |
| 2021 | 0.12x | $975.70 Million | $120.18 Million | ▲ +10.7% |
| 2020 | 0.11x | $1.18 Billion | $131.05 Million | ▼ -46.8% |
| 2019 | 0.21x | $868.27 Million | $181.44 Million | ▲ +18.0% |
| 2018 | 0.18x | $1.21 Billion | $213.52 Million | ▼ -13.7% |
| 2017 | 0.21x | $1.01 Billion | $206.29 Million | ▼ -5.9% |
| 2016 | 0.22x | $1.17 Billion | $256.26 Million | ▼ -7.7% |
| 2015 | 0.24x | $1.10 Billion | $259.97 Million | ▲ +16.6% |
| 2014 | 0.20x | $1.15 Billion | $232.32 Million | ▼ -5.0% |
| 2013 | 0.21x | $977.09 Million | $208.32 Million | ▼ -10.5% |
| 2012 | 0.24x | $793.08 Million | $189.00 Million | ▲ +11.6% |
| 2011 | 0.21x | $885.29 Million | $189.03 Million | ▲ +36.5% |
| 2010 | 0.16x | $1.09 Billion | $170.84 Million | ▼ -18.4% |
| 2009 | 0.19x | $609.01 Million | $116.75 Million | ▼ -36.8% |
| 2007 | 0.30x | $798.15 Million | $242.11 Million | ▲ +5.2% |
| 2006 | 0.29x | $761.78 Million | $219.60 Million | ▲ +39.6% |
| 2005 | 0.21x | $960.51 Million | $198.39 Million | ▼ -6.2% |
| 2004 | 0.22x | $969.73 Million | $213.55 Million | ▼ -9.3% |
| 2003 | 0.24x | $935.55 Million | $227.23 Million | ▼ -41.5% |
| 2002 | 0.42x | $779.55 Million | $323.87 Million | ▲ +8.3% |
| 2001 | 0.38x | $757.26 Million | $290.38 Million | ▲ +6.5% |
| 2000 | 0.36x | $565.49 Million | $203.61 Million | ▼ -9.6% |
| 1999 | 0.40x | $416.10 Million | $165.80 Million | ▼ -30.7% |
| 1998 | 0.57x | $318.10 Million | $182.80 Million | ▼ -4.4% |
| 1997 | 0.60x | $309.70 Million | $186.20 Million | ▼ -23.2% |
| 1996 | 0.78x | $228.30 Million | $178.80 Million | ▲ +17.2% |
| 1995 | 0.67x | $169.10 Million | $113.00 Million | ▼ -43.0% |
| 1994 | 1.17x | $80.80 Million | $94.70 Million | ▲ +71.9% |
| 1993 | 0.68x | $96.20 Million | $65.60 Million | ▲ +27.0% |
| 1992 | 0.54x | $87.90 Million | $47.20 Million | ▼ -43.8% |
| 1991 | 0.96x | $50.00 Million | $47.80 Million | ▲ +15.8% |
| 1990 | 0.83x | $46.50 Million | $38.40 Million | ▲ +113.8% |
| 1989 | 0.39x | $61.10 Million | $23.60 Million | — |