Is it safe?
Can HOG take a bad year?
Harley-Davidson, Inc. carries $327M of net debt at 0.77× EBITDA: a load its earnings can carry.
$327M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.77×
Net debt / EBITDA · 11.3× a year ago · the load is coming down
- Altman Z-score
- 2.13
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 8.51×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $2.13B
- Cash and short-term investments
- $1.81B
- Net debt
- $327M
- EBITDA, trailing twelve months
- $424M
- Operating profit, trailing twelve months
- $250M
- Debt / equity
- 0.70×
- Total debt / EBITDA
- 5.02×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −73%
- Below its 52-week high
- −7.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.