HOG (Harley-Davidson) Quick Ratio: 1.66 (As of Mar. 2026) — 36% Above Median


HOG Harley-Davidson Inc HOG
79 GF Score
Price $25.55
GF Value $28.02
Valuation Fairly Valued
! 8 Warning Signs
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What is Harley-Davidson Quick Ratio?

Harley-Davidson HOG -0.12% 79 Quick Ratio is 1.66 as of Mar. 2026, which is 36% above its 10-year median of 1.22. 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 1,337 Vehicles & Parts companies, Harley-Davidson ranks better than 73.97% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Harley-Davidson's quick ratio for the quarter that ended in Mar. 2026 was 1.66.

Harley-Davidson has a quick ratio of 1.66. It generally indicates good short-term financial strength.

The historical rank and industry rank for Harley-Davidson's Quick Ratio or its related term are showing as below:

HOG' s Quick Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.22   Max: 2.36
Current: 1.66

During the past 13 years, Harley-Davidson's highest Quick Ratio was 2.36. The lowest was 0.95. And the median was 1.22.

HOG's Quick Ratio is ranked better than
73.97% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs HOG: 1.66

Harley-Davidson  (NYSE:HOG) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Harley-Davidson Quick Ratio Related Terms


Harley-Davidson Quick Ratio Historical Data

* Premium members only.

The historical data trend for Harley-Davidson's Quick Ratio 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.

Harley-Davidson Quick Ratio Chart

Harley-Davidson Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.08 1.25 1.19 1.83

Harley-Davidson Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.20 2.36 1.83 1.66

HOG vs LCII, PATK, PII: Quick Ratio Comparison

For the Recreational Vehicles subindustry, Harley-Davidson's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Harley-Davidson's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Harley-Davidson's Quick Ratio falls into.


HOG
79GF Score
Harley-Davidson Inc HOG
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harley-Davidson Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Harley-Davidson's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5586.949-730.898)/2658.694
=1.83

Harley-Davidson's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4742.686-622.189)/2478.127
=1.66

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.66 mean?
Harley-Davidson (HOG) has a Quick Ratio of 1.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Harley-Davidson and its competitors. This is 36% above median its historical median of 1.22. Over the past decade, Harley-Davidson's Quick Ratio has ranged from 0.95 to 2.36. According to the industry distribution chart, Harley-Davidson ranks #348 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 26%.
Is Harley-Davidson's Quick Ratio too high?
Harley-Davidson's current Quick Ratio of 1.66 is 36% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 2.36. The Vehicles & Parts industry median Quick Ratio is 1.06. Harley-Davidson's value of 1.66 is 56.6% above this industry median. Based on the distribution chart, Harley-Davidson ranks #348 out of 1337 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 Quick Ratio compare to LCII and PATK?
According to the Vehicles & Parts industry distribution chart, Harley-Davidson ranks #348 out of 1337 companies for Quick Ratio. This puts Harley-Davidson in the upper half of its industry. The industry median Quick Ratio is 1.06. Harley-Davidson's value of 1.66 is 56.6% above this benchmark. Historically, Harley-Davidson's own Quick Ratio has ranged from 0.95 to 2.36 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.06, Harley-Davidson has consistently been above 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 Quick Ratio for a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harley-Davidson's current Quick Ratio of 1.66 is 56.6% above 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Harley-Davidson and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harley-Davidson's current Quick Ratio is 1.66, which is 36% above median its own 10-year median of 1.22. 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 Quick Ratio is 1.66, which is 36% above median its 10-year median of 1.22 and 56.6% above the Vehicles & Parts industry median of 1.06. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Harley-Davidson (HOG), the current Quick Ratio is 1.66 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:

  • Quick Ratio: 1.66 (36% above median its 10-year median of 1.22)
  • GF Value™: $28.02 vs. price of $25.55 (8.8% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 56.6% above the Vehicles & Parts median (#348 of 1337)

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 Business Description

Address 3700 West Juneau Avenue, Milwaukee, WI, USA, 53208
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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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.55
Price
$28.02
GF Value