Harley Historical Income Statement

HOG -  USA Stock  

USD 36.61  0.86  2.41%

Historical analysis of Harley Davidson income statement accounts such as Cost of Revenue of 3.3 B or Earning Before Interest and Taxes EBIT of 815.9 M can show how well Harley-Davidson performed in making a profits. Evaluating Harley Davidson income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Harley Davidson's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Harley-Davidson latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Harley-Davidson is a good buy for the upcoming year.
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About Harley Income Statement Analysis

Harley-Davidson Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Harley Davidson shareholders. The income statement also shows Harley investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Harley Davidson Income Statement Chart

Harley-Davidson Income Statement is one of the three primary financial statements used for reporting Harley's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Harley-Davidson revenue and expense. Harley Davidson Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Harley Davidson Operating Expenses is projected to increase significantly based on the last few years of reporting. The past year's Operating Expenses was at 1.05 Billion. The current year Selling General and Administrative Expense is expected to grow to about 1.2 B, whereas Cost of Revenue is forecasted to decline to about 3.3 B.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Harley-Davidson financial statement analysis. It represents the amount of money remaining after all of Harley-Davidson operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Harley Davidson for goods sold or services provided during a certain time period. It also includes all of Harley-Davidson sales as well as any other increase in Harley-Davidson equity.Revenues are reported on Harley-Davidson income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Harley Davidson income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Harley-Davidson current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please check Risk vs Return Analysis.Harley Davidson Operating Expenses is projected to increase significantly based on the last few years of reporting. The past year's Operating Expenses was at 1.05 Billion. The current year Selling General and Administrative Expense is expected to grow to about 1.2 B, whereas Cost of Revenue is forecasted to decline to about 3.3 B.
 2019 2020 2021 2022 (projected)
Consolidated Income423.63 M1.3 M650.02 M586.11 M
Direct Expenses3.57 B2.86 B2.58 B2.82 B

Harley Davidson income statement Correlations

Harley Davidson Account Relationship Matchups

Harley Davidson income statement Accounts

201720182019202020212022 (projected)
Direct Expenses3.57 B3.65 B3.57 B2.86 B2.58 B2.82 B
Consolidated Income521.76 M531.45 M423.63 M1.3 M650.02 M586.11 M
Cost of Revenue3.58 B3.65 B3.57 B2.86 B3.46 B3.3 B
Earning Before Interest and Taxes EBIT894.84 M717.51 M588.49 M15.39 M850.21 M815.93 M
Earning Before Interest and Taxes USD894.84 M717.51 M588.49 M15.39 M850.21 M815.93 M
Gross Profit2.06 B2.07 B1.79 B1.19 B1.88 B1.85 B
Interest Expense31 M30.88 M31.08 M31.12 M30.97 M29.22 M
Net Income521.76 M531.45 M423.63 M1.3 M650.02 M586.11 M
Net Income Common Stock521.76 M531.45 M423.63 M1.3 M650.02 M586.11 M
Net Income Common Stock USD521.76 M531.45 M423.63 M1.3 M650.02 M586.11 M
Operating Expenses1.18 B1.35 B1.23 B1.18 B1.05 B1.24 B
Operating Income882.08 M713.52 M555.61 M9.68 M823.44 M795.16 M
Revenues5.65 B5.72 B5.36 B4.05 B5.34 B5.15 B
Revenues USD5.65 B5.72 B5.36 B4.05 B5.34 B5.15 B
Selling General and Administrative Expense1.18 B1.26 B1.2 B1.05 B1.05 B1.22 B
Weighted Average Shares168.3 M162.83 M154.29 M153.28 M153.88 M159.66 M
Weighted Average Shares Diluted172.93 M166.5 M157.8 M153.91 M176.99 M207.69 M
Income Tax Expense342.08 M155.18 M133.78 M(17.03 M)169.21 M200.6 M

Harley Davidson Investors Sentiment

The influence of Harley Davidson's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Harley. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Harley Davidson Implied Volatility

    
  83.35  
Harley Davidson's implied volatility exposes the market's sentiment of Harley-Davidson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Harley Davidson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Harley Davidson stock will not fluctuate a lot when Harley Davidson's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harley Davidson in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harley Davidson's short interest history, or implied volatility extrapolated from Harley Davidson options trading.

Current Sentiment - HOG

Harley-Davidson Investor Sentiment

Greater number of Macroaxis users are currently bullish on Harley-Davidson. What is your judgment towards investing in Harley-Davidson? Are you bullish or bearish?
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2% Bearish
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Please check Risk vs Return Analysis. Note that the Harley-Davidson information on this page should be used as a complementary analysis to other Harley Davidson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Harley-Davidson price analysis, check to measure Harley Davidson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harley Davidson is operating at the current time. Most of Harley Davidson's value examination focuses on studying past and present price action to predict the probability of Harley Davidson's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Harley Davidson's price. Additionally, you may evaluate how the addition of Harley Davidson to your portfolios can decrease your overall portfolio volatility.
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Is Harley Davidson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harley Davidson. If investors know Harley will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harley Davidson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Harley-Davidson is measured differently than its book value, which is the value of Harley that is recorded on the company's balance sheet. Investors also form their own opinion of Harley Davidson's value that differs from its market value or its book value, called intrinsic value, which is Harley Davidson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harley Davidson's market value can be influenced by many factors that don't directly affect Harley Davidson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harley Davidson's value and its price as these two are different measures arrived at by different means. Investors typically determine Harley Davidson value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harley Davidson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.