A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Polaris Inc., formerly known as Polaris Industries Inc., a Delaware corporation, was formed in 1994 and is the successor to Polaris Industries Partners LP. The terms “Polaris,” the “Company,” “we,” “us,” and “our” as used herein refer to the business and operations of Polaris Inc., its subsidiaries and its predecessors, which began doing business in 1954. We design, engineer, manufacture and market powersports vehicles which include: off-road vehicles (“ORV”), including all-terrain vehicles (“ATV”) and side-by-side vehicles; military and commercial ORVs; snowmobiles; moto-roadsters; quadricycles; and boats. We also design and manufacture or source parts, garments and accessories (“PG&A”), which includes aftermarket accessories and apparel. Our products are sold online and through dealers and distributors principally located in the United States, Canada, Western Europe, Australia, and Mexico. Business Segments We operate in three business segments; Off Road, On Road, and Marine.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 7.2B | 7.2B | 7.2B | 8.9B | 8.6B | 7.4B |
| Net Income | -466M | -466M | 111M | 503M | 447M | 494M |
| EPS | $-8.18 | $-8.18 | $1.95 | $8.71 | $7.44 | $7.88 |
| Free Cash Flow | 558M | 558M | 6.5M | 513M | 202M | 11M |
| ROIC | -6.3% | -17.7% | 4.4% | 11.2% | 14.1% | 14.1% |
| Gross Margin | 19.1% | 19.1% | 20.4% | 21.9% | 22.8% | 23.5% |
| Debt/Equity | 4.41 | 4.41 | 3.39 | 2.97 | 3.86 | 2.77 |
| Dividends/Share | $2.64 | $2.68 | $2.64 | $2.60 | $2.56 | $2.52 |
| Operating Income | -349M | -349M | 291M | 701M | 805M | 712M |
| Operating Margin | -4.9% | -4.9% | 4.0% | 7.8% | 9.4% | 9.6% |
| ROE | -56.2% | -44.0% | 8.2% | 39.9% | 38.5% | 41.7% |
| Shares Outstanding | 57M | 57M | 57M | 58M | 60M | 63M |
Polaris Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 5.8x vs a median of 11.7x. The company's 5-year average ROIC is 5.2% with a gross margin of 21.6%. Total shareholder yield (dividends) is 4.7%. At current prices, the estimated annualized return to fair value is -2.6%.
Polaris Inc. (PII) has a 5-year average return on invested capital (ROIC) of 5.2%. This is below average and may indicate limited pricing power.
Polaris Inc. (PII) has a market capitalization of $3.3B. It is classified as a mid-cap stock.
Yes, Polaris Inc. (PII) pays a dividend with a trailing twelve-month yield of 4.59%. The company also returns capital through share buybacks, with a buyback yield of 0.07%.
Polaris Inc. (PII) operates in the Miscellaneous Transportation Equipment industry, within the Industrials sector.
Polaris Inc. (PII) reported annual revenue of $7.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
Polaris Inc. (PII) has a net profit margin of -6.5%. The company is currently unprofitable.
Polaris Inc. (PII) generated $558 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Polaris Inc. (PII) has a debt-to-equity ratio of 4.41. This indicates higher leverage, which may increase financial risk.
Polaris Inc. (PII) reported earnings per share (EPS) of $-8.18 in its most recent fiscal year.
Polaris Inc. (PII) has a return on equity (ROE) of -44.0%. A negative ROE may indicate losses or negative equity.
Polaris Inc. (PII) has a 5-year average gross margin of 21.6%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for Polaris Inc. (PII), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Polaris Inc. (PII) has a book value per share of $14.56, based on its most recent annual SEC filing.