Harley-Davidson Inc (HOG) — Cash Flow Quality Index

Latest as of March 2026: -9.20x

Harley-Davidson Inc (HOG) has a Cash Flow Quality Index of -9.20x as of March 2026. Operating cash flow of $-228.02 Million is below net income of $24.77 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of Harley-Davidson Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-9.20x
Operating CF / Net Income

Operating Cash Flow

$-228.02 Million
USD

Net Income

$24.77 Million
USD

Data as of

Mar 2026
Most recent filing

Harley-Davidson Inc Cash Flow Quality Index (1989–2025)

Historical Cash Flow Quality Index for Harley-Davidson Inc across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Harley-Davidson Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Harley-Davidson Inc (1989–2025)

Year-by-year earnings quality comparison for Harley-Davidson Inc. For live market cap and the full company financial profile, see HOG stock market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.68x $568.92 Million $338.74 Million ▼ -29.7%
2024 2.39x $1.06 Billion $445.18 Million ▲ +123.7%
2023 1.07x $754.89 Million $706.59 Million ▲ +44.0%
2022 0.74x $548.46 Million $739.21 Million ▼ -50.6%
2021 1.50x $975.70 Million $650.02 Million ▼ -99.8%
2020 907.47x $1.18 Billion $1.30 Million ▲ +44175.8%
2019 2.05x $868.27 Million $423.63 Million ▼ -9.7%
2018 2.27x $1.21 Billion $531.45 Million ▲ +17.8%
2017 1.93x $1.01 Billion $521.76 Million ▲ +13.5%
2016 1.70x $1.17 Billion $692.16 Million ▲ +16.0%
2015 1.46x $1.10 Billion $752.21 Million ▲ +7.7%
2014 1.36x $1.15 Billion $844.61 Million ▲ +2.0%
2013 1.33x $977.09 Million $733.99 Million ▲ +4.7%
2012 1.27x $793.08 Million $623.92 Million ▼ -21.3%
2011 1.62x $885.29 Million $548.08 Million ▼ -61.6%
2010 4.21x $1.09 Billion $259.67 Million ▼ -51.2%
2009 8.62x $609.01 Million $70.64 Million ▲ +924.4%
2008 -1.05x $-684.65 Million $654.72 Million ▼ -222.4%
2007 0.85x $798.15 Million $933.84 Million ▲ +17.0%
2006 0.73x $761.78 Million $1.04 Billion ▼ -27.0%
2005 1.00x $960.51 Million $959.60 Million ▼ -8.2%
2004 1.09x $969.73 Million $889.77 Million ▼ -11.4%
2003 1.23x $935.55 Million $760.93 Million ▼ -8.5%
2002 1.34x $779.55 Million $580.22 Million ▼ -22.3%
2001 1.73x $757.26 Million $437.75 Million ▲ +6.4%
2000 1.63x $565.49 Million $347.71 Million ▲ +4.4%
1999 1.56x $416.10 Million $267.20 Million ▲ +4.5%
1998 1.49x $318.10 Million $213.50 Million ▼ -16.2%
1997 1.78x $309.70 Million $174.10 Million ▲ +29.3%
1996 1.38x $228.30 Million $166.00 Million ▼ -8.5%
1995 1.50x $169.10 Million $112.50 Million ▲ +94.0%
1994 0.77x $80.80 Million $104.30 Million ▼ -85.2%
1993 5.23x $96.20 Million $18.40 Million ▲ +222.4%
1992 1.62x $87.90 Million $54.20 Million ▲ +20.0%
1991 1.35x $50.00 Million $37.00 Million ▲ +11.3%
1990 1.21x $46.50 Million $38.30 Million ▼ -28.1%
1989 1.69x $61.10 Million $36.20 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.