Polaris Inc.

Polaris Inc.

67.70
USD
+4.80
(+7.63%)
-3.55EPS
2.97BMarket Cap
Feb 02Next Earn
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
133.32
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
-3.6
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
4.63
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
2.68
Book Value per Share
8.16
12.99
15.03
13.74
14.77
14.23
18.04
18.49
20.27
19.28
25.12
22.99
14.66
14.84
Tangible Book Value per Share
4.66
9.61
11.41
1.17
2.4
-10.69
-6.22
0.98
4.79
3.31
9.07
6.3
0.5
1.04
Basic Weighted Avg Shares
69
66
66
64
63
63
61
62
61
59
57
57
57
57
Sales/Revenue/Turnover
3,777
4,480
4,719
4,517
5,428
6,079
6,783
7,028
7,439
8,589
8,934
7,175
7,152
7,646
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
2.38
Depreciation Expense
92
128
152
168
191
211
235
261
216
233
259
286
287
264
Net Income, GAAP
377
454
455
213
172
335
324
125
494
447
503
111
-465
-206
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
-2.7
Working Capital
118
246
326
231
123
288
99
318
329
439
758
339
-37
146
LT Debt
284
224
456
1,138
865
1,896
1,605
1,401
1,319
1,591
1,970
1,738
1,602
1,698
Total Equity
536
861
981
867
932
867
1,108
1,145
1,226
1,102
1,421
1,294
833
849
Return on Invested Capital (%)
46.89
48.05
37.32
13.76
10.07
16.27
13.4
6.64
19.16
19.93
16.84
6.59
- -
- -
Return on Capital (%)
47.06
48.29
36.59
12.98
9.86
16.25
13.43
6.51
18.1
15.76
17.92
6.27
- -
- -
Return on Common Equity (%)
61.54
65.01
49.42
23.04
19.18
37.29
32.81
11.08
41.7
38.49
39.95
8.18
-43.95
-20.68

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
59
60
60
LT Borrowings
2,056
1,917
1,593
LT Finance Leases
90
83
105
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
57
Market Capitalization
3,101
3,893
2,968

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
2,590
2,568
2,439
Cash, Cash Equivalents & STI
282
302
302
Accounts Receivable, Net
249
285
277
Inventories
1,568
1,566
1,545
Total Current Liabilities
2,134
2,141
2,293
Payables & Accruals
1,942
1,892
1,973
ST Debt
59
60
60
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

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
2,023
2,043
- -
- -

Quarterly Earnings Per Share

USD

•

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
1.85
0.67
- -
- -

Quarterly Dividends Per Share

USD

•

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
0.68
0.67
- -
- -

Company Description

CEO
Michael Todd Speetzen
Full Time Employees
14,500
Sector
Consumer durables
Industry
Recreational products
Address
2100 Highway 55 Medina MN United States 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

  • POLARIS AND RZR FACTORY RACING UNVEIL ALL-NEW RZR PRO R FACTORY BOOST RACE MACHINE

  • Polaris's CFO Wants to Restart Buybacks After a Tough Couple of Years

  • Polaris Declares Regular Cash Dividend

  • Night of the Living Tariff Refund: Why Polaris Stock Refuses to Die

  • Polaris Q3: The Potential Is Not To Be Missed, Shares A 'Buy'

  • Data Centers and the Military Are Buying Polaris' Off-Road Vehicles

  • Polaris Q3 Earnings: 3 Key Takeaways for Long-Term Investors

  • What Polaris (PII) Said on Its Q3 Earnings Call

  • Why Polaris Stock Powered Higher Today

  • Polaris Inc. (PII) Q3 2026 Earnings Call Transcript

  • Polaris Inc (PII) Reports Q3 Earnings: What Key Metrics Have to Say

  • Polaris Inc (PII) Surpasses Q3 Earnings and Revenue Estimates

  • Polaris Inc. Third Quarter 2026 Financial Results Available on Company's Website

  • POLARIS SIGNS OFF-ROAD CHAMPION KYLE CHANEY TO MULTI-YEAR RACING AGREEMENT WITH RZR FACTORY RACING

  • Polaris Expands Call of Duty® Collaboration as Polaris DAGOR Joins Modern Warfare® 4

  • Polaris Expands Call of Duty® Collaboration as Polaris DAGOR Joins Modern Warfare® 4

  • New Investments in OHV Recreation Access and Safety on Bureau of Land Management Lands

  • Polaris Renewable Energy Awards Key Supply Contract and Issues Notice to Proceed on Punta Lima Battery Storage Investment

  • 30 Dividend Buys You Might Hold Forever From October's Russell 3000 Index

  • A 26% Dividend Yield After a 30% Stock Drop? These 5 Stocks Deserve Scrutiny