TORVANTA
Other · S&P 500 · data as of 2026-10-05

HOG stock analysis: HOG

HOG (HOG) is an S&P 500 company in Other. It grades weakest on profitability and growth.

The model's view of HOG · subscribers

Where HOG ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with HOG · updated 2026-10-05 · from prices and SEC filings

HOG price performance

HOG against the S&P 500, one year
-40%-20%+0%+20%S&P 500 +18%HOG -6%2025-09-292026-10-05
Year to date+31.0%S&P 500 +14.5% · ahead by 16.5 pts
1 year-4.6%S&P 500 +17.0% · behind by 21.6 pts
3 years-5.7%S&P 500 +89.3% · behind by 95.0 pts
5 years-20.0%S&P 500 +91.3% · behind by 111.3 pts

Total returns with dividends reinvested.

HOG factor grades

Each grade compares HOG with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

B-ValueP/E 14.4x (industry 20.1x)FCF yield -4.9% (industry 6.0%)
DGrowthRevenue growth -5% (industry +8%)EPS growth -10% (industry +10%)
D+ProfitabilityOperating margin 5.0% (industry 9.6%)ROIC 5.1% (industry 10.1%)
B-Momentum12-month change -5%From 52-wk high -7%

HOG in plain numbers

HOG key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$2.7B
Revenue growth (y/y)-5%
Free-cash-flow yield-4.9%
Dividend yield2.8%
Next earnings (expected)2026-11-03
Valuation measures
Market value$2.7B
Enterprise value$2.5B
P/E (trailing)14.4x
Forward P/E (Torvanta estimate)15.0x
Price / sales0.6x
Price / book0.9x
EV / revenue0.6x
EV / EBITDA6.3x
Financial highlights
Revenue, last 12 months$4.2B
Net income, last 12 months$202.6M
EPS, last 12 months (GAAP)$1.82
Gross margin33.4%
Operating margin5.0%
Net margin4.8%
Return on equity6.3%
Return on invested capital5.1%
Cash$1.9B
Total debt$1.6B
Debt / equity0.53x
Free cash flow, last 12 months-$133.1M
Interest cover8.4x
Current ratio1.90x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

HOG earnings trends

Revenue vs earnings
-$279.3M$125.7M$530.7M$935.7M$1.3BSep 2024 Revenue: $1.2BDec 2024 Revenue: $687.6MMar 2025 Revenue: $1.3BJun 2025 Revenue: $1.3BSep 2025 Revenue: $1.3BDec 2025 Revenue: $496.2MMar 2026 Revenue: $1.2BJun 2026 Revenue: $1.2BSep 2024 Net income: $119.0MDec 2024 Net income: -$116.9MMar 2025 Net income: $133.1MJun 2025 Net income: $107.6MSep 2025 Net income: $377.4MDec 2025 Net income: -$279.3MMar 2026 Net income: $24.8MJun 2026 Net income: $79.8MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 10.3%Net margin: -17.0%Net margin: 10.0%Net margin: 8.2%Net margin: 28.1%Net margin: -56.3%Net margin: 2.1%Net margin: 6.5%-56%-14%28%■ Revenue ■ Net income ━ Net margin
Earnings per share$-2.3$-0.9$0.4$1.8$3.1Sep 2024 EPS (GAAP, diluted): $0.9Dec 2024 EPS (GAAP, diluted): $-0.8Mar 2025 EPS (GAAP, diluted): $1.1Jun 2025 EPS (GAAP, diluted): $0.9Sep 2025 EPS (GAAP, diluted): $3.1Dec 2025 EPS (GAAP, diluted): $-2.3Mar 2026 EPS (GAAP, diluted): $0.2Jun 2026 EPS (GAAP, diluted): $0.8Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +241% · Mar 2026 -79% · Jun 2026 -15%

From the company's 10-Q and 10-K filings with the SEC.

HOG financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$5.3B$5.8B$5.8B$5.2B$4.5B
Net income$650.0M$741.4M$706.6M$455.4M$338.7M
EPS (GAAP)$4.19$4.97$4.86$3.43$2.80
Free cash flow$855.5M$396.8M$547.5M$867.3M$415.2M

HOG earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-23$0.75-15%-6%-6.6%
2026-05-05$0.22-79%-12%+0.5%
2026-02-10$-2.25n/a-28%+2.5%
2025-11-04$3.10+241%+17%-5.4%
2025-07-30$0.88-46%-19%+6.5%
2025-05-01$1.07-38%-23%+2.7%

Companies similar to HOG

CompanyMarket valueP/ERevenue growthOperating margin12-month change
HOG HOG$2.7B14.4x-5%5.0%-5%
MZTI MZTI$2.7B14.3x+1%12.4%-39%compare
FUL FUL$2.7B14.1x+1%n/a-14%compare
HAYW HAYW$2.7B17.0x+8%21.1%-19%compare
HWKN HWKN$2.8B34.2x+9%10.7%-27%
ALRM ALRM$2.8B24.9x+9%12.8%+8%
KBH KBH$2.8B11.0x-18%n/a-30%

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Frequently asked questions

Is HOG stock a buy?

Torvanta does not tell individuals what to buy. Its grades for HOG are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is HOG's P/E ratio?

HOG trades at about 14.4 times its last 12 months of GAAP earnings reported to the SEC, and about 15.0 times Torvanta's own estimate of the next 12 months.

When does HOG report earnings next?

Based on its filing history, Torvanta expects HOG to report around 2026-11-03.

Does HOG pay a dividend?

Yes. Its dividend yield is about 2.8%, and it has raised its dividend 5 years in a row.

How has HOG performed against the S&P 500?

Over the past year HOG returned -4.6%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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