---
title: "Harley-Davidson Just Transformed Its Balance Sheet: What the KKR and PIMCO Deal Means for Investors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283567986.md"
description: "Harley-Davidson has restructured its balance sheet by shifting most of its HDFS lending to KKR and PIMCO, resulting in reduced net debt and increased cash flow. However, this move may lead to lower long-term profits from financing. The change could impact the company's credit risk and earnings mix, potentially affecting shareholder value. Analysts from The Motley Fool have identified ten stocks they believe are better investment options than Harley-Davidson at this time."
datetime: "2026-04-21T23:00:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283567986.md)
  - [en](https://longbridge.com/en/news/283567986.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283567986.md)
---

# Harley-Davidson Just Transformed Its Balance Sheet: What the KKR and PIMCO Deal Means for Investors

## Key Points

-   Harley-Davidson shifted most HDFS lending to KKR and PIMCO, trading loan risk for steadier servicing fees.
-   The deal slashed net debt and boosted cash, but long-term profits from financing could be structurally lower.
-   10 stocks we like better than Harley-Davidson ›

A major financing shift at Harley‑Davidson (NYSE: HOG) reshapes its balance sheet, credit risk, and earnings mix, potentially altering long‑term upside for shareholders. Watch the video below to see how this deal could affect valuation, volatility, and capital returns.

\*This video was published on April 20, 2026.

_**Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »**_

## Should you buy stock in Harley-Davidson right now?

Before you buy stock in Harley-Davidson, consider this:

The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Harley-Davidson wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $511,411**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,238,736**!\*

Now, it’s worth noting _Stock Advisor’s_ total average return is 986% — a market-crushing outperformance compared to 199% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.**

**See the 10 stocks »**

_\*Stock Advisor returns as of April 21, 2026._

_David Meier has no position in any of the stocks mentioned. Jason Moser has no position in any of the stocks mentioned. Jim Gillies has the following options: long January 2028 $20 calls on Harley-Davidson and short January 2028 $20 puts on Harley-Davidson. The Motley Fool has positions in and recommends KKR. The Motley Fool recommends Harley-Davidson. The Motley Fool has a disclosure policy._

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

### Related Stocks

- [HOG.US](https://longbridge.com/en/quote/HOG.US.md)
- [KKR.US](https://longbridge.com/en/quote/KKR.US.md)
- [KKR-D.US](https://longbridge.com/en/quote/KKR-D.US.md)
- [PHK.US](https://longbridge.com/en/quote/PHK.US.md)

## Related News & Research

- [GMR Solutions Finalizes IPO Agreements, $500M Private Placement; Ends KKR Monitoring Pact](https://longbridge.com/en/news/286754869.md)
- [KKR, Energy Capital plan to sweeten offer for DCC, Bloomberg News reports](https://longbridge.com/en/news/286940499.md)
- [KKR eyes sale of West Coast membership club operator The Bay Club, sources say](https://longbridge.com/en/news/286608036.md)
- [HARLEY-DAVIDSON LAUNCHES RIDE | HOG Stock News](https://longbridge.com/en/news/282217424.md)
- [Deals of the day-Mergers and acquisitions](https://longbridge.com/en/news/287045376.md)