Harley-Davidson's Income Statement Analysis: Revenue to Profit Breakdown
Harley-Davidson's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$5.34 B | $5.76 B | $5.84 B | $5.19 B | $4.47 B | $4.32 B |
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Cost of Revenue Direct cost of goods/services. |
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$3.44 B | $3.62 B | $3.65 B | $3.38 B | $3.12 B | $3.24 B |
Gross Profit Revenue minus cost of revenue. |
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$1.90 B | $2.13 B | $2.18 B | $1.81 B | $1.35 B | $1.07 B |
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Operating Expense
Costs to run business. |
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$1.08 B | $1.22 B | $1.40 B | $1.39 B | $965.91 M | $798.12 M |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$1.05 B | $1.08 B | $1.18 B | $1.15 B | $895.32 M | $1.05 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$25.05 M | $145.13 M | $227.16 M | $247.23 M | $70.58 M | -$249.06 M |
Operating Income Profit from operations. |
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$823.44 M | $909.28 M | $779.08 M | $416.63 M | $386.64 M | $275.91 M |
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Net Interest Income
Interest income minus expense. |
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-$30.97 M | -$31.24 M | -$30.79 M | -$30.75 M | $10.83 M | $14.81 M |
Interest Income Income from investments. |
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- | - | - | - | $44.27 M | $44.03 M |
Interest Expense Cost of borrowing. |
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$30.97 M | $31.24 M | $30.79 M | $30.75 M | $33.44 M | $29.22 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$26.77 M | -$53.19 M | -$118.58 M | -$131.26 M | -$105.54 M | -$76.11 M |
Total Other Income (Net) Net non-operating items. |
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-$4.20 M | $21.96 M | $87.79 M | $100.51 M | $72.10 M | $46.89 M |
Income Before Tax Profit before taxes. |
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$819.24 M | $931.23 M | $866.88 M | $517.14 M | $458.73 M | $322.80 M |
Income Tax Expense Taxes on income. |
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$169.21 M | $192.02 M | $171.83 M | $71.96 M | $129.58 M | $100.32 M |
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Net Income
Final profit. |
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$650.02 M | $741.41 M | $706.59 M | $455.36 M | $338.74 M | $230.41 M |
Net Income From Continuing Operations Profit from core business. |
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$650.02 M | $739.21 M | $695.05 M | $445.18 M | $329.15 M | $222.48 M |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | $338.74 M | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$4.23 | $5.01 | $4.96 | $3.46 | $2.82 | $1.81 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$4.19 | $4.96 | $4.87 | $3.44 | $2.78 | $1.76 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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153.75 M | 148.01 M | 142.38 M | 131.45 M | 120.07 M | 110.02 M |
Diluted Average Shares Outst. Shares including dilution. |
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154.98 M | 149.35 M | 145.10 M | 132.29 M | 121.26 M | 110.77 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$850.21 M | $962.47 M | $897.66 M | $547.89 M | $492.18 M | $352.02 M |
EBITDA Earnings before interest, tax, D&A. |
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$1.02 B | $1.11 B | $1.06 B | $708.56 M | $492.18 M | $526.83 M |
Depreciation and Amortization Non-cash expense for assets. |
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$165.19 M | $151.94 M | $158.11 M | $160.67 M | - | $174.81 M |
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Harley-Davidson's Assets vs Liabilities & Equity
Harley-Davidson's Assets vs Liabilities & Equity
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