Polaris (PII) | Financial Analysis & Statements

Polaris Inc. | Mid-cap | Consumer Cyclical

$46.44

-0.49%

Polaris vs Thor Industries Polaris vs Brunswick Polaris vs BRP Polaris vs Harley-Davidson Polaris vs Lci Industries Polaris vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 7.2B

Gross Profit 1.5B 20.44%

Operating Income 290.6M 4.05%

Net Income 111.2M 1.55%

EPS (Diluted) $1.95

Balance Sheet Metrics

Total Assets 5.5B

Total Liabilities 4.2B

Shareholders Equity 1.3B

Debt to Equity 3.27

Cash Flow Metrics

Operating Cash Flow 296.4M

Free Cash Flow -56.2M

Revenue & Profitability Trend

Polaris Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	7.2B	8.9B	8.6B	7.4B	7.0B
Cost of Goods Sold	5.7B	7.0B	6.6B	5.7B	5.3B
Gross Profit	1.5B	2.0B	2.0B	1.8B	1.7B
Operating Expenses	1.2B	1.3B	1.2B	1.0B	1.1B
Operating Income	290.6M	700.9M	804.5M	712.0M	591.5M
Pre-tax Income	140.8M	620.4M	761.4M	628.7M	141.4M
Income Tax	29.6M	117.7M	158.0M	132.1M	16.5M
Net Income	111.2M	502.7M	447.6M	494.3M	124.9M
EPS (Diluted)	$1.95	$8.71	$7.44	$7.88	$1.99

Income Statement Trend

Polaris Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	2.6B	2.7B	2.8B	2.6B	2.2B
Non-Current Assets	2.9B	2.8B	2.5B	2.5B	2.4B
Total Assets	5.5B	5.5B	5.2B	5.0B	4.6B
Liabilities
Current Liabilities	2.3B	1.9B	2.3B	2.2B	1.9B
Non-Current Liabilities	1.9B	2.2B	1.8B	1.6B	1.6B
Total Liabilities	4.2B	4.1B	4.1B	3.8B	3.5B
Equity
Total Shareholders Equity	1.3B	1.4B	1.1B	1.2B	1.1B

Balance Sheet Composition

Polaris Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	111.2M	502.7M	603.4M	496.6M	124.9M
Operating Cash Flow	296.4M	728.8M	411.0M	327.3M	606.6M
Investing Activities
Capital Expenditures	-261.7M	-412.6M	-306.6M	-282.8M	-213.9M
Investing Cash Flow	-276.4M	-499.0M	-349.9M	-348.4M	-251.1M
Financing Activities
Dividends Paid	-147.7M	-147.3M	-150.0M	-153.4M	-152.5M
Financing Cash Flow	-65.2M	-484.1M	-397.3M	-263.7M	-449.0M
Free Cash Flow	-56.2M	513.2M	202.0M	10.9M	804.7M

Cash Flow Trend

Polaris Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 57.10

Forward P/E 10.64

Price to Book 1.86

Price to Sales 0.32

PEG Ratio 10.64

Profitability Ratios

Profit Margin 0.57%

Operating Margin -2.32%

Return on Equity 3.11%

Return on Assets 2.44%

Financial Health

Current Ratio 1.12

Debt to Equity 177.20

Beta 1.04

Per Share Data

EPS (TTM) $0.71

Book Value per Share $21.82

Revenue per Share $125.18

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
pii	2.3B	57.10	1.86	3.11%	0.57%	177.20
Thor Industries	4.6B	20.69	1.09	5.38%	2.32%	25.11
Brunswick	3.7B	37.26	1.98	5.16%	1.62%	140.27
BRP	3.5B	26.44	7.53	32.25%	-0.72%	641.47
Harley-Davidson	2.9B	8.44	0.90	10.56%	7.39%	231.56
Lci Industries	2.3B	14.91	1.68	11.44%	4.08%	86.02

Financial data is updated regularly. All figures are in the company's reporting currency.