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Harley-davidson vs Livewire Group

Harley-davidson is the larger business, with $4.47bn of revenue in fiscal 2025 against $25.7m for Livewire Group (174.2 times as much). Livewire Group grew faster (-3.6% against -13.8%). Harley-davidson kept more of each dollar of sales as profit: a net margin of 7.6% against -292.6%.

Latest fiscal yearHarley-davidsonHOG, 2025Livewire GroupLVWR, 2025
Revenue $4.47bn $25.7m
Revenue growth -13.8% -3.6%
Net income $339m −$75.1m
Operating margin 8.6% —
Net margin 7.6% -292.6%
Return on equity 10.7% -93.2%
Free cash flow $415m −$57.4m
Cash $3.09bn $82.8m
Total debt $2.97bn $75.0m
Debt to equity 94.5% —
Dividend per share $0.72 —
Dividend yield 2.2% —
Share buybacks $353m $1.0m
Employees 5,500 151
Market value $3.69bn $115m
Price vs our value range — —
Moat score 60 (Moderate) —
Insider trades, 12 months 6 buys, 11 sales 0 buys, 8 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.