Harley-DavidsonHOG -0.12%79 Interest Coverage is 6.58 as of Mar. 2026, which is 74% below its 10-year median of 25.72. GuruFocus rates HOG with a GF Score™ of 79/100 and a GF Value™ of $28.02 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Harley-Davidson ranks better than 50.47% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Harley-Davidson's
Operating Income
for the
three
months ended in Mar. 2026 was $23 Mil. Harley-Davidson's Interest Expense for the
three
months ended in Mar. 2026 was $-4 Mil.
Harley-Davidson's interest coverage for the quarter that ended in Mar. 2026 was 6.58.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Harley-Davidson's Interest Coverage or its related term are showing as below:
HOG'
s Interest Coverage Range Over the Past 10 Years
Min: 4.49 Med: 25.72 Max: 35.26
Current: 8.51
HOG's Interest Coverage is ranked better than 50.47% of 1066
companies
in the Vehicles & Parts industry
Industry Median: 8.295
vs HOG: 8.51
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Harley-Davidson Interest Coverage Related Terms
Harley-Davidson Interest Coverage Historical Data
* Premium members only.
The historical data trend for Harley-Davidson's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
HOG vs LCII, PATK, PII: Interest Coverage Comparison
For the Recreational Vehicles subindustry, Harley-Davidson's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Harley-Davidson Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Harley-Davidson's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Harley-Davidson's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Harley-Davidson (HOG) has a Interest Coverage of 6.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Harley-Davidson and its competitors. This is 74% below median its historical median of 25.72. Over the past decade, Harley-Davidson's Interest Coverage has ranged from 4.49 to 35.26. According to the industry distribution chart, Harley-Davidson ranks #528 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 49.5%.
Is Harley-Davidson's Interest Coverage too high?
Harley-Davidson's current Interest Coverage of 6.58 is 74% below median its 10-year median of 25.72. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 35.26. The Vehicles & Parts industry median Interest Coverage is 8.30. Harley-Davidson's value of 6.58 is 20.7% below this industry median. Based on the distribution chart, Harley-Davidson ranks #528 out of 1066 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Harley-Davidson has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harley-Davidson's Interest Coverage compare to LCII and PATK?
According to the Vehicles & Parts industry distribution chart, Harley-Davidson ranks #528 out of 1066 companies for Interest Coverage. This puts Harley-Davidson in the upper half of its industry. The industry median Interest Coverage is 8.30. Harley-Davidson's value of 6.58 is 20.7% below this benchmark. Historically, Harley-Davidson's own Interest Coverage has ranged from 4.49 to 35.26 over the past decade. While the company's 10-year median is 25.72 vs. the industry median of 8.30, Harley-Davidson has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harley-Davidson's current Interest Coverage of 6.58 is 20.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Harley-Davidson and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harley-Davidson's current Interest Coverage is 6.58, which is 74% below median its own 10-year median of 25.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harley-Davidson stock overvalued right now?
Based on GuruFocus' analysis, Harley-Davidson (HOG) is currently considered Fairly Valued. The stock's GF Value™ is $28.02, compared to a current price of $25.55 — trading 8.8% below its estimated fair value. The current Interest Coverage is 6.58, which is 74% below median its 10-year median of 25.72 and 20.7% below the Vehicles & Parts industry median of 8.30. Harley-Davidson's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Harley-Davidson (HOG), the current Interest Coverage is 6.58 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Harley-Davidson (HOG) Overvalued in 2026?
Based on GuruFocus' analysis, Harley-Davidson stock appears to be undervalued.
The current stock price of $25.55 is trading 8.8% below its estimated GF Value™ of $28.02.
GuruFocus considers Harley-Davidson to be Fairly Valued.
Key valuation signals for HOG:
Interest Coverage: 6.58 (74% below median its 10-year median of 25.72)
GF Value™: $28.02 vs. price of $25.55 (8.8% below fair value)
Industry Position: 20.7% below the Vehicles & Parts median (#528 of 1066)
No single metric tells the full story. See the HOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harley-Davidson is a leading global manufacturer of heavyweight motorcycles across the custom, cruising, and touring categories, as well as related merchandise, parts, and accessories. In recent years, the firm has expanded into the adventure touring market with its Pan America model, into electric with the LiveWire brand, and is returning to smaller-displacement bikes with the Sprint. Its captive finance arm, Harley-Davidson Financial Services, provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley captured around 34% of the heavyweight domestic market in 2025.
79GF Score
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