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Side-by-side financial comparison of HARLEY-DAVIDSON, INC. (HOG) and MINERALS TECHNOLOGIES INC (MTX). Click either name above to swap in a different company.

MINERALS TECHNOLOGIES INC is the larger business by last-quarter revenue ($519.5M vs $390.5M, roughly 1.3× HARLEY-DAVIDSON, INC.). MINERALS TECHNOLOGIES INC runs the higher net margin — 7.2% vs -72.3%, a 79.5% gap on every dollar of revenue. On growth, MINERALS TECHNOLOGIES INC posted the faster year-over-year revenue change (0.3% vs -9.4%). HARLEY-DAVIDSON, INC. produced more free cash flow last quarter ($100.4M vs $31.9M). Over the past eight quarters, MINERALS TECHNOLOGIES INC's revenue compounded faster (-1.4% CAGR vs -48.6%).

Harley-Davidson, Inc. is an American motorcycle manufacturer and lifestyle brand headquartered in Milwaukee, Wisconsin. Founded in 1903, it is one of two major American motorcycle manufacturers to survive the Great Depression along with its historical rival, Indian Motorcycle Company. The company has survived numerous ownership arrangements, subsidiary arrangements, periods of poor economic health and product quality, and intense global competition to become an iconic brand widely known for i...

Compass Minerals International, Inc is an American public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride and sulfate of potash. Based in Overland Park, Kansas; the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, consumer and commerc...

HOG vs MTX — Head-to-Head

Bigger by revenue
MTX
MTX
1.3× larger
MTX
$519.5M
$390.5M
HOG
Growing faster (revenue YoY)
MTX
MTX
+9.6% gap
MTX
0.3%
-9.4%
HOG
Higher net margin
MTX
MTX
79.5% more per $
MTX
7.2%
-72.3%
HOG
More free cash flow
HOG
HOG
$68.5M more FCF
HOG
$100.4M
$31.9M
MTX
Faster 2-yr revenue CAGR
MTX
MTX
Annualised
MTX
-1.4%
-48.6%
HOG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HOG
HOG
MTX
MTX
Revenue
$390.5M
$519.5M
Net Profit
$-282.6M
$37.2M
Gross Margin
-7.9%
24.0%
Operating Margin
-92.4%
11.9%
Net Margin
-72.3%
7.2%
Revenue YoY
-9.4%
0.3%
Net Profit YoY
-138.6%
-31.1%
EPS (diluted)
$-2.27
$1.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HOG
HOG
MTX
MTX
Q4 25
$390.5M
$519.5M
Q3 25
$1.1B
$532.4M
Q2 25
$1.0B
$528.9M
Q1 25
$1.1B
$491.8M
Q4 24
$430.9M
$518.1M
Q3 24
$881.2M
$524.7M
Q2 24
$1.4B
$541.2M
Q1 24
$1.5B
$534.5M
Net Profit
HOG
HOG
MTX
MTX
Q4 25
$-282.6M
$37.2M
Q3 25
$377.4M
$43.0M
Q2 25
$107.6M
$45.4M
Q1 25
$133.1M
$-144.0M
Q4 24
$-118.4M
$54.0M
Q3 24
$119.0M
$46.7M
Q2 24
$218.3M
$19.7M
Q1 24
$234.9M
$46.7M
Gross Margin
HOG
HOG
MTX
MTX
Q4 25
-7.9%
24.0%
Q3 25
26.0%
25.7%
Q2 25
28.5%
25.9%
Q1 25
28.9%
24.3%
Q4 24
-2.0%
25.6%
Q3 24
29.8%
25.8%
Q2 24
31.8%
26.6%
Q1 24
30.9%
25.4%
Operating Margin
HOG
HOG
MTX
MTX
Q4 25
-92.4%
11.9%
Q3 25
44.0%
13.3%
Q2 25
10.7%
14.1%
Q1 25
14.8%
-32.6%
Q4 24
-44.9%
16.2%
Q3 24
12.0%
14.6%
Q2 24
17.8%
9.3%
Q1 24
17.8%
14.1%
Net Margin
HOG
HOG
MTX
MTX
Q4 25
-72.3%
7.2%
Q3 25
35.0%
8.1%
Q2 25
10.2%
8.6%
Q1 25
12.3%
-29.3%
Q4 24
-27.5%
10.4%
Q3 24
13.5%
8.9%
Q2 24
16.1%
3.6%
Q1 24
15.9%
8.7%
EPS (diluted)
HOG
HOG
MTX
MTX
Q4 25
$-2.27
$1.11
Q3 25
$3.10
$1.37
Q2 25
$0.88
$1.44
Q1 25
$1.07
$-4.51
Q4 24
$-0.82
$1.67
Q3 24
$0.91
$1.45
Q2 24
$1.63
$0.61
Q1 24
$1.72
$1.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HOG
HOG
MTX
MTX
Cash + ST InvestmentsLiquidity on hand
$3.1B
$332.6M
Total DebtLower is stronger
$2.5B
$961.3M
Stockholders' EquityBook value
$3.1B
$1.7B
Total Assets
$8.0B
$3.5B
Debt / EquityLower = less leverage
0.79×
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOG
HOG
MTX
MTX
Q4 25
$3.1B
$332.6M
Q3 25
$1.8B
$328.3M
Q2 25
$1.6B
$319.9M
Q1 25
$1.9B
$312.2M
Q4 24
$1.6B
$337.1M
Q3 24
$2.2B
$324.5M
Q2 24
$1.8B
$316.4M
Q1 24
$1.5B
$320.1M
Total Debt
HOG
HOG
MTX
MTX
Q4 25
$2.5B
$961.3M
Q3 25
$4.5B
$964.3M
Q2 25
$6.4B
$965.6M
Q1 25
$6.8B
$966.7M
Q4 24
$6.3B
$966.1M
Q3 24
$7.3B
$922.9M
Q2 24
$7.0B
$922.4M
Q1 24
$6.3B
$925.8M
Stockholders' Equity
HOG
HOG
MTX
MTX
Q4 25
$3.1B
$1.7B
Q3 25
$3.6B
$1.7B
Q2 25
$3.3B
$1.7B
Q1 25
$3.2B
$1.6B
Q4 24
$3.2B
$1.7B
Q3 24
$3.4B
$1.7B
Q2 24
$3.4B
$1.7B
Q1 24
$3.3B
$1.7B
Total Assets
HOG
HOG
MTX
MTX
Q4 25
$8.0B
$3.5B
Q3 25
$10.6B
$3.5B
Q2 25
$12.1B
$3.5B
Q1 25
$12.4B
$3.4B
Q4 24
$11.9B
$3.4B
Q3 24
$13.0B
$3.4B
Q2 24
$12.8B
$3.3B
Q1 24
$12.3B
$3.3B
Debt / Equity
HOG
HOG
MTX
MTX
Q4 25
0.79×
0.56×
Q3 25
1.25×
0.58×
Q2 25
1.91×
0.58×
Q1 25
2.14×
0.60×
Q4 24
2.00×
0.55×
Q3 24
2.13×
0.54×
Q2 24
2.03×
0.55×
Q1 24
1.88×
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HOG
HOG
MTX
MTX
Operating Cash FlowLast quarter
$152.0M
$64.3M
Free Cash FlowOCF − Capex
$100.4M
$31.9M
FCF MarginFCF / Revenue
25.7%
6.1%
Capex IntensityCapex / Revenue
13.2%
6.2%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$415.2M
$86.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOG
HOG
MTX
MTX
Q4 25
$152.0M
$64.3M
Q3 25
$-92.6M
$70.9M
Q2 25
$368.0M
$62.9M
Q1 25
$141.5M
$-4.4M
Q4 24
$133.2M
$70.4M
Q3 24
$353.0M
$60.0M
Q2 24
$473.6M
$50.1M
Q1 24
$104.0M
$55.9M
Free Cash Flow
HOG
HOG
MTX
MTX
Q4 25
$100.4M
$31.9M
Q3 25
$-129.1M
$43.6M
Q2 25
$332.4M
$33.8M
Q1 25
$111.6M
$-22.7M
Q4 24
$77.0M
$42.3M
Q3 24
$300.4M
$35.3M
Q2 24
$432.2M
$29.9M
Q1 24
$57.6M
$39.4M
FCF Margin
HOG
HOG
MTX
MTX
Q4 25
25.7%
6.1%
Q3 25
-12.0%
8.2%
Q2 25
31.7%
6.4%
Q1 25
10.3%
-4.6%
Q4 24
17.9%
8.2%
Q3 24
34.1%
6.7%
Q2 24
31.9%
5.5%
Q1 24
3.9%
7.4%
Capex Intensity
HOG
HOG
MTX
MTX
Q4 25
13.2%
6.2%
Q3 25
3.4%
5.1%
Q2 25
3.4%
5.5%
Q1 25
2.8%
3.7%
Q4 24
13.0%
5.4%
Q3 24
6.0%
4.7%
Q2 24
3.1%
3.7%
Q1 24
3.1%
3.1%
Cash Conversion
HOG
HOG
MTX
MTX
Q4 25
1.73×
Q3 25
-0.25×
1.65×
Q2 25
3.42×
1.39×
Q1 25
1.06×
Q4 24
1.30×
Q3 24
2.97×
1.28×
Q2 24
2.17×
2.54×
Q1 24
0.44×
1.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HOG
HOG

Motorcycles$193.9M50%
Other$63.8M16%
Other Income Financial Services$59.8M15%
Apparel$47.2M12%
Livewire Segment$11.4M3%

MTX
MTX

High Temperature Technologies$178.0M34%
Specialty Additives$141.8M27%
Household And Personal Care$132.5M26%
Environmental And Infrastructure$67.2M13%

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