HOG Historical PE Ratio Notes

— Harley-Davidson, Inc. (NYSE: HOG) is an iconic American manufacturer known primarily for its heavyweight touring & cruiser motorcycles, as well as related parts, accessories, and branded merchandise. Founded in 1903, Harley-Davidson's distinctive brand & loyal customer base have made it a staple in the motorcycle industry. When analyzing HOG's historical price-to-earnings (PE) ratio, it's crucial to understand both what affects the company's earnings and how the market values its brand strength & cyclical business model. Economic cycles, changing consumer tastes, regulatory challenges, & competition from global motorcycle producers all influence Harley-Davidson's profitability over time. In downturns or periods of soft demand, earnings may fall sharply, causing the PE ratio to rise if the stock price does not adjust quickly; in boom periods, strong earnings can make the PE ratio appear lower, sometimes making shares look undervalued. Additionally, the company's strategic moves, like expanding into electric motorcycles or focusing on international markets, can also affect investor sentiment and, consequently, the PE ratio. Understanding these fundamental business drivers will help you interpret the historical PE ratio data you'll soon review.

On this page we presented the HOG Historical PE Ratio information for Harley-Davidson' stock. The average HOG historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 18.5. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average HOG historical PE based on this TTM earnings result method is 13.4. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this HOG historical PE result, against the recent PE: when this page was posted on 10/5/2026, the most recent closing price for HOG had been 26.19, and the most recent quarterly earnings result, annualized, was 3. Meanwhile, the most recent TTM earnings summed to 1.63. From these numbers, we calculate the recent HOG PE on 10/5/2026 based on annualized quarterly EPS was 8.7. Based on HOG's history, that recent PE is low relative to the historical average, with the recent PE 53.0% lower than the historical average PE across our data set for Harley-Davidson. Looking at the recent HOG PE on 10/5/2026 based on TTM EPS, we calculate the ratio at 16.1. Based on HOG's history, that recent PE is elevated relative to the historical average, with the recent PE 20.1% higher than the historical average PE across our Harley-Davidson data set with TTM EPS used in the calculation at each period.

Another interesting HOG historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for HOG, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for HOG, we start with the past four EPS numbers and we first sort them from lowest to highest: -2.44, 0.22, 0.75, and 3.10. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.22 and 0.75 — which gives us the median of 0.48. Basically the way to think about this 0.48 number is this: for the trailing four earnings reports, 0.48 marks the "middle ground" number where HOG has reported a value higher than 0.48 half the time, and has reported a value lower than 0.48 half the time. Annualizing that median value then gets us to 1.92/share, which we use as the denominator in our next PE calculation. With 26.19 as the numerator (as of 10/5/2026), the calculation is then 26.19 / 1.92 = 13.6 as the HOG PE ratio as of 10/5/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on HOG or any other given stock, valuation analysis for HOG can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Harley-Davidson PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for HOG. Thanks for visiting, and the next time you need to research HOG Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.