Harley-Davidson Inc (HOG) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

Harley-Davidson Inc (HOG) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($3.08 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Harley-Davidson Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$3.08 Billion
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$7.25 Billion
USD

Harley-Davidson Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Harley-Davidson Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $3.08 Billion with intangible assets of $0.00 USD. See HOG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Harley-Davidson Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Harley-Davidson Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Harley-Davidson Inc (HOG) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 100.0% $3.16 Billion $0.00 $8.04 Billion ▲ +0.2 pp
2024 99.8% $3.16 Billion $5.57 Million $11.88 Billion ▲ +0.0 pp
2023 99.8% $3.25 Billion $7.03 Million $12.14 Billion ▲ +0.0 pp
2022 99.8% $2.91 Billion $6.39 Million $11.49 Billion ▲ +0.1 pp
2021 99.7% $2.55 Billion $7.51 Million $11.05 Billion ▲ +0.3 pp
2020 99.4% $1.72 Billion $9.63 Million $12.01 Billion ▲ +0.0 pp
2019 99.4% $1.80 Billion $10.60 Million $10.53 Billion ▼ -0.2 pp
2018 99.7% $1.77 Billion $6.00 Million $10.67 Billion ▲ +0.0 pp
2017 99.6% $1.84 Billion $6.91 Million $9.97 Billion ▲ +0.2 pp
2016 99.5% $1.92 Billion $10.55 Million $9.89 Billion ▲ +3.3 pp
2015 96.1% $1.84 Billion $71.14 Million $9.97 Billion ▼ -2.9 pp
2014 99.0% $2.91 Billion $27.75 Million $9.53 Billion ▲ +0.1 pp
2013 99.0% $3.01 Billion $30.45 Million $9.41 Billion ▲ +0.1 pp
2012 98.8% $2.56 Billion $29.53 Million $9.17 Billion ▲ +0.0 pp
2011 98.8% $2.42 Billion $29.08 Million $9.67 Billion ▲ +0.1 pp
2010 98.7% $2.21 Billion $29.59 Million $9.43 Billion ▲ +0.1 pp
2009 98.5% $2.11 Billion $31.40 Million $9.16 Billion ▲ +6.4 pp
2008 92.1% $2.12 Billion $166.51 Million $7.83 Billion ▼ -5.3 pp
2007 97.4% $2.38 Billion $61.40 Million $5.66 Billion ▼ -0.5 pp
2006 97.9% $2.76 Billion $58.80 Million $5.53 Billion ▼ -0.3 pp
2005 98.2% $3.08 Billion $56.56 Million $5.26 Billion ▲ +0.0 pp
2004 98.2% $3.22 Billion $59.46 Million $5.48 Billion ▼ 0.0 pp
2003 98.2% $2.96 Billion $53.68 Million $4.92 Billion ▲ +0.4 pp
2002 97.8% $2.23 Billion $49.93 Million $3.86 Billion ▲ +0.6 pp
2001 97.2% $1.76 Billion $49.71 Million $3.12 Billion ▲ +1.0 pp
2000 96.1% $1.41 Billion $54.33 Million $2.44 Billion ▲ +0.9 pp
1999 95.2% $1.16 Billion $55.40 Million $2.11 Billion ▲ +0.2 pp
1998 95.0% $1.03 Billion $51.20 Million $1.92 Billion ▼ -0.3 pp
1997 95.3% $826.70 Million $38.70 Million $1.60 Billion ▲ +1.5 pp
1996 93.8% $662.70 Million $40.90 Million $1.32 Billion ▲ +2.6 pp
1995 91.2% $494.60 Million $43.30 Million $1.00 Billion ▼ -8.8 pp
1994 100.0% $433.20 Million $0.00 $739.20 Million ▲ +0.0 pp
1993 100.0% $324.90 Million $0.00 $583.30 Million ▲ +16.9 pp
1992 83.1% $335.40 Million $56.70 Million $522.20 Million ▲ +8.3 pp
1991 74.8% $238.00 Million $59.90 Million $474.20 Million ▲ +6.6 pp
1990 68.3% $198.80 Million $63.10 Million $407.50 Million ▲ +10.6 pp
1989 57.6% $156.20 Million $66.20 Million $378.90 Million ▲ +15.3 pp
1988 42.3% $121.60 Million $70.20 Million $401.10 Million ▲ +60.2 pp
1987 -18.0% $62.90 Million $74.20 Million $380.90 Million ▲ +195.4 pp
1986 -213.4% $26.20 Million $82.10 Million $327.20 Million ▼ -313.4 pp
1985 100.0% $4.60 Million $0.00 $114.10 Million
pp = percentage points