Polaris Inc.

Polaris Inc.

PII
Polaris Inc.US flagNew York Stock Exchange
68.25
USD
+0.50
- -
3.88BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
55.11
67.69
71.48
70.25
86.28
97.24
110.4
113.54
121.36
144.84
156.47
127
125.69
127.52
Basic EPS, GAAP
5.51
6.86
6.9
3.31
2.74
5.36
5.27
2.02
8.06
7.54
8.81
1.96
-8.18
-7.82
Free Cash Flow per Basic Share
3.51
4.9
2.89
5.92
6.37
4.03
6.57
13
0.18
3.41
8.99
-0.99
9.81
2.82
Dividend per Share
1.66
1.92
2.11
2.18
2.31
2.38
2.43
2.46
2.5
2.53
2.58
2.61
2.64
2.66
Book Value per Share
2.28
6.08
6.78
4.68
3.87
1.95
4.69
3.54
2.58
0.58
4.27
2.65
-8.23
-9.81
Tangible Book Value per Share
4.46
9.63
11.29
1.15
2.4
-10.41
-6.22
0.99
4.75
3.22
9.01
6.33
0.58
-0.7
Basic Weighted Avg Shares
69
66
66
64
63
63
61
62
61
59
57
56
57
57
Sales/Revenue/Turnover
3,777
4,480
4,719
4,517
5,428
6,078
6,782
7,028
7,439
8,589
8,934
7,175
7,152
7,275
Operating Margin (%)
15.3
15.95
15.17
7.76
6.63
8.02
7.13
8.42
9.57
9.37
7.84
4.05
0.48
0.86
Depreciation Expense
92
128
152
168
191
211
234
261
216
233
259
286
286
276
Net Income, GAAP
377
454
455
213
172
335
324
125
494
447
503
111
-466
-446
Effective Tax Rate (%)
33.66
35.08
33.6
32.02
45.89
21.88
20.57
11.67
21.01
20.75
18.97
21.02
- -
- -
Profit Margin (%)
9.99
10.14
9.65
4.71
3.18
5.52
4.78
1.78
6.64
5.21
5.63
1.54
-6.51
-6.13
Working Capital
118
246
326
231
123
288
99
318
329
439
758
339
-37
456
LT Debt
284
224
456
1,138
865
1,896
1,605
1,401
1,319
1,591
1,970
1,738
1,602
2,146
Total Equity
536
861
981
867
932
867
1,108
1,145
1,226
1,102
1,421
1,294
833
755
Return on Invested Capital (%)
46.89
48.05
37.32
13.76
10.07
16.27
13.4
18.49
19.16
19.93
16.84
6.59
- -
- -
Return on Capital (%)
79.39
86.03
60.21
19.05
14.61
23.44
18.46
9.44
27.46
23.65
26.82
9.39
- -
- -
Return on Common Equity (%)
133.32
162.52
107.1
56.9
63.4
183.67
158.19
49.24
262.09
465
361.08
56.3
- -
-1,741.05

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
463
63
59
LT Borrowings
1,300
1,505
2,056
LT Finance Leases
92
97
90
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
56
56
57
Market Capitalization
3,300
3,601
3,109

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,603
2,207
2,590
Cash, Cash Equivalents & STI
336
138
282
Accounts Receivable, Net
230
238
249
Inventories
1,697
1,412
1,568
Total Current Liabilities
2,548
2,243
2,134
Payables & Accruals
1,859
1,864
1,942
ST Debt
463
63
59
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.13%
-3.73%
-35.64%
Free Cash Flow
83.2%
120.92%
-1,093.06%
Net Income, GAAP
-34.21%
-59.87%
-520.13%
Sales/Revenue/Turnover
4.84%
1.06%
-0.33%
Total Cash Common Dividend
0.78%
-0.28%
1.76%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,736
1,961
1,722
1,755
7,175
2025
1,536
1,853
1,842
1,922
7,152
2026
1,659
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
1.21
0.49
0.19
1.96
2025
-1.17
-1.39
-0.28
-5.34
-8.18
2026
-0.83
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.66
0.65
0.65
0.66
2.61
2025
0.66
0.66
0.67
0.66
2.64
2026
0.67
- -
- -
- -
- -

Company Description

APIChat
CEO
Michael Todd Speetzen
Full Time Employees
15,000
Sector
Consumer Cyclical
Industry
Auto - Recreational Vehicles
Address
2100 Highway 55 Medina OH United States of America 55340
IPO Date
Sep 16, 1987
Business
Polaris Inc. (NYSE: PII) designs, engineers and manufactures powersports vehicles, including off-road vehicles such as all-terrain vehicles and side-by-side vehicles like RZR recreational models and RANGER utility vehicles; snowmobiles; motorcycles through its Indian Motorcycle subsidiary; 3-wheel moto-roadsters under the Slingshot brand; commercial, government and military vehicles including the MRZR platform, MVRS, MV700, RZR-SW and DAGOR; and marine products from brands including Bennington, Godfrey and Hurricane; as well as parts, garments, accessories and aftermarket services. Founded in 1954 in Roseau, Minnesota, by Edgar Hetteen, Allan Hetteen and David Johnson, the company is headquartered in Medina, Minnesota, with ongoing engineering and manufacturing in Roseau, and operates a global dealer network serving customers in the United States, Canada, Europe and other international markets. Polaris enhances rider experiences through Polaris Adventures premium ride programs and aftermarket offerings, while focusing on electric vehicle innovations such as partnerships with Zero Motorcycles for the RANGER Kinetic off-road vehicle and Indian eFTR youth bikes. In 2019, the company rebranded from Polaris Industries Inc. to Polaris Inc., and in October 2025 announced plans to sell a majority stake in Indian Motorcycle to private equity firm Carolwood LP, retaining a minority position with the transaction expected to close in early 2026 and boost adjusted earnings.

Company News

APIChat
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  • Polaris Renewable Energy Announces Approval of SO1 Agreement by FOMB

  • Polaris Renewable Energy Announces Q1 2026 Results

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  • Polaris Declares Regular Cash Dividend

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  • Polaris Inc. (PII) Q1 2026 Earnings Call Transcript

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