Inside the research
Polaris Inc.
PII Research profile · latest available data
Price overview
$53.03
▲ +0.65 (+1.2%)
| 52w hi | $73.91 |
|---|---|
| 52w lo | $46.92 |
| Vol | 710.40K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.57
| Short | -0.31 |
|---|---|
| Medium | -0.69 |
| Long | -0.86 |
computed 2026-09-27
Key fundamentals
Polaris Inc.
Consumer Cyclical · Recreational Vehicles
| Market cap | $3.02B |
|---|---|
| Enterprise value | $4.78B |
| Forward P/E | 15.60x |
| EV / EBITDA | 9.71x |
| P / S (ttm) | 0.40x |
| Profit margin | -3.5% |
| Return on equity | -25.6% |
| Revenue growth | +8.8% |
| Debt / equity | 244.90 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.03 | |
| Sector | -0.03 | |
| Technical | -0.33 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off Road, On Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; moto-roadsters; quadricycles; and pontoon and deck boats. It also provides source parts, garments, and accessories, such as helmets, jackets, gloves, pants, and hats; and snowmobile accessories comprising covers, traction products, reverse kits, electric starters, tracks, pull-behinds, bags, and windshields, as well as gear and apparel for its snowmobiles consisting of helmets, jackets, goggles, gloves, boots, bibs, pants, and hats. In addition, the company offers ORV accessories, including winches, bumper/brushguards, plows, racks, wheels and tires, cab systems, lighting and audio systems, cargo box accessories, and tracks, as well as replacement parts and lubricants. Further, it provides motorcycle accessories, such as performance enhancements, saddle bags, handlebars, backrests, exhausts, windshields, seats, and various chrome accessories, as well as light duty hauling and passenger vehicles. The company sells its products through dealers and distributors, as well as online. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.
Risk Metrics
| Beta vs SPX | 1.35 |
|---|---|
| Corr SPX | 0.41 |
| Annual vol | 52.8% |
| Annual ret | -9.3% |
| Sharpe | -0.18 |
| Max DD | -62.4% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-28 | Earnings Release, Exhibits | read |
| 2026-06-22 | Officer / Director Change, Exhibits | read |
| 2026-05-01 | Officer / Director Change, Shareholder Vote… | read |
| 2026-04-28 | Earnings Release, Exhibits | read |
| 2026-01-27 | Earnings Release, Exhibits | read |
| 2026-01-09 | Officer / Director Change | read |
| 2025-11-13 | Other Material Event, Exhibits | read |
| 2025-10-28 | Earnings Release, Exhibits | read |
| 2025-10-14 | Earnings Release, 2.06… | read |
| 2025-07-29 | Earnings Release, Exhibits | read |
| 2025-07-02 | Material Agreement, Material Obligation… | read |
| 2025-05-05 | Shareholder Vote, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 96.4% |
| HHI | 3,145 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $184.31M | 2.69M |
| AQR Capital Management | $175.63M | 2.57M |
| Capital Research / Capital World | $54.77M | 800.21K |
| Citadel Advisors | $20.93M | 305.85K |
| Millennium Management | $14.51M | 212.06K |
| Renaissance Technologies | $12.32M | 180.00K |
| Fidelity / FMR LLC | $2.97M | 43.33K |
| Bridgewater Associates | $1.67M | 24.42K |
| T. Rowe Price Group | $4.97K | 72.64K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.55% |
|---|---|
| $ / share (TTM) | $1.35 |
| 5y CAGR | +1.6% |
Annual dividend per share
| 2021 | $2.52 |
|---|---|
| 2022 | $2.56 |
| 2023 | $2.60 |
| 2024 | $2.64 |
| 2025 | $2.68 |
| 2026 | $0.68 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $7.15B | +8.9% | |
| Gross profit | $1.37B | +7.8% | |
| Operating income | -$348.70M | +10.1% | |
| Net income | $110.80M | -0.4% | |
| Cash from ops | $741.00M | +6.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $52.66 | $53.24 | $52.09 | $53.03 | 710.40K |
| Sep 24 | $53.00 | $53.47 | $51.79 | $52.38 | 844.90K |
| Sep 23 | $53.26 | $53.60 | $52.01 | $52.94 | 787.30K |
| Sep 22 | $55.64 | $56.41 | $53.02 | $53.97 | 997.40K |
| Sep 21 | $54.00 | $55.31 | $53.05 | $54.41 | 1.26M |
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