Polaris Inc.

PII Consumer Cyclical Recreational Vehicles

Polaris Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, roughly unchanged from fiscal 2024.

Revenue
+10.9%
EPS
+339.3%
Free cash flow
+170.2%
Total debt
+22.6%

Quarter to September 2026, against a year earlier

64.80 2.90 −4.28%
Market cap
$3.7B
P/E
0.0×
Fwd P/E
28.3×
Dividend yield
4.18%
F-score
4/9
Altman Z
1.61
Beneish M
−3.47
Dividend safety
45/100

Polaris Inc. (PII) Current ratio

Alert me on Current ratio

Polaris Inc.'s current ratio at the end of the quarter to 30 September 2026 was 1.1×, up 0.1× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 1.0× (fiscal 2025) to 1.4× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Recreational Vehicles industry median of 1.7× and below the Consumer Cyclical sector median of 1.5×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.0× (14.31%)
FY2024 1.1× (17.53%)
FY2023 1.4× 17.11%
FY2022 1.2× 3.57%
FY2021 1.1× (1.79%)
FY2020 1.2× 9.73%
FY2019 1.1× (14.18%)
FY2018 1.2× 11.88%
FY2017 1.1× (10.63%)
FY2016 1.2× (11.01%)

Quarterly newest first

Period Current ratio Change
Sep 2026 1.1× (11.31%)
Jun 2026 1.2× (1.16%)
Mar 2026 1.2× 23.39%
Dec 2025 1.0× (3.75%)
43 more quarters

Against its own ten years

Low 1.0× High 1.4×
Ten-year median 1.2×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
LCII LCI Industries compare 2.8×
PATK Patrick Industries, Inc. compare 2.5×
WGO Winnebago Industries, Inc. compare 2.2×
HOG Harley-Davidson, Inc. compare 2.0×
THO Thor Industries, Inc. compare 1.8×
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 1.6×
BC Brunswick Corporation compare 1.5×
DOO BRP Inc. compare 1.2×
PII Polaris Inc. 1.1×
Recreational Vehicles industry median 1.7×
Consumer Cyclical sector median 1.5×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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