Harley-Davidson Inc (HOG) — Free Cash Flow Generation Index
Harley-Davidson Inc (HOG) has a Free Cash Flow Generation Index of 0.66x as of December 2025. Free cash flow of $100.43 Million represents 1% of operating cash flow ($152.02 Million). See Harley-Davidson Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Harley-Davidson Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Harley-Davidson Inc across 36 annual periods. Explore Harley-Davidson Inc (HOG) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Harley-Davidson Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Harley-Davidson Inc. For the full company profile including market capitalisation, see Harley-Davidson Inc (HOG) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.73x | $415.24 Million | $568.92 Million | $153.68 Million | ▼ -10.5% |
| 2024 | 0.82x | $867.27 Million | $1.06 Billion | $196.56 Million | ▲ +12.4% |
| 2023 | 0.73x | $547.48 Million | $754.89 Million | $207.40 Million | ▲ +0.2% |
| 2022 | 0.72x | $396.79 Million | $548.46 Million | $151.67 Million | ▼ -17.5% |
| 2021 | 0.88x | $855.52 Million | $975.70 Million | $120.18 Million | ▼ -1.3% |
| 2020 | 0.89x | $1.05 Billion | $1.18 Billion | $131.05 Million | ▲ +12.4% |
| 2019 | 0.79x | $686.83 Million | $868.27 Million | $181.44 Million | ▼ -3.9% |
| 2018 | 0.82x | $992.40 Million | $1.21 Billion | $213.52 Million | ▲ +3.5% |
| 2017 | 0.79x | $798.77 Million | $1.01 Billion | $206.29 Million | ▲ +1.7% |
| 2016 | 0.78x | $918.08 Million | $1.17 Billion | $256.26 Million | ▲ +2.4% |
| 2015 | 0.76x | $840.14 Million | $1.10 Billion | $259.97 Million | ▼ -4.2% |
| 2014 | 0.80x | $914.36 Million | $1.15 Billion | $232.32 Million | ▲ +1.3% |
| 2013 | 0.79x | $768.77 Million | $977.09 Million | $208.32 Million | ▲ +3.3% |
| 2012 | 0.76x | $604.07 Million | $793.08 Million | $189.00 Million | ▼ -3.2% |
| 2011 | 0.79x | $696.26 Million | $885.29 Million | $189.03 Million | ▼ -6.8% |
| 2010 | 0.84x | $921.50 Million | $1.09 Billion | $170.84 Million | ▲ +4.4% |
| 2009 | 0.81x | $492.26 Million | $609.01 Million | $116.75 Million | ▲ +16.0% |
| 2007 | 0.70x | $556.03 Million | $798.15 Million | $242.11 Million | ▼ -2.1% |
| 2006 | 0.71x | $542.18 Million | $761.78 Million | $219.60 Million | ▼ -10.3% |
| 2005 | 0.79x | $762.12 Million | $960.51 Million | $198.39 Million | ▲ +1.8% |
| 2004 | 0.78x | $756.18 Million | $969.73 Million | $213.55 Million | ▲ +3.0% |
| 2003 | 0.76x | $708.32 Million | $935.55 Million | $227.23 Million | ▲ +29.5% |
| 2002 | 0.58x | $455.68 Million | $779.55 Million | $323.87 Million | ▼ -5.2% |
| 2001 | 0.62x | $466.88 Million | $757.26 Million | $290.38 Million | ▼ -3.7% |
| 2000 | 0.64x | $361.88 Million | $565.49 Million | $203.61 Million | ▲ +6.4% |
| 1999 | 0.60x | $250.30 Million | $416.10 Million | $165.80 Million | ▲ +41.4% |
| 1998 | 0.43x | $135.30 Million | $318.10 Million | $182.80 Million | ▲ +6.7% |
| 1997 | 0.40x | $123.50 Million | $309.70 Million | $186.20 Million | ▲ +83.9% |
| 1996 | 0.22x | $49.50 Million | $228.30 Million | $178.80 Million | ▼ -34.6% |
| 1995 | 0.33x | $56.10 Million | $169.10 Million | $113.00 Million | ▲ +292.8% |
| 1994 | -0.17x | $-13.90 Million | $80.80 Million | $94.70 Million | ▼ -154.1% |
| 1993 | 0.32x | $30.60 Million | $96.20 Million | $65.60 Million | ▼ -31.3% |
| 1992 | 0.46x | $40.70 Million | $87.90 Million | $47.20 Million | ▲ +952.3% |
| 1991 | 0.04x | $2.20 Million | $50.00 Million | $47.80 Million | ▼ -74.7% |
| 1990 | 0.17x | $8.10 Million | $46.50 Million | $38.40 Million | ▼ -71.6% |
| 1989 | 0.61x | $37.50 Million | $61.10 Million | $23.60 Million | — |