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) EBITDA

Alert me on EBITDA

Polaris Inc.'s EBITDA for fiscal 2025 was −$62.2M, compared with $576.9M in fiscal 2024. Over the twelve months to 30 September 2026 it was $126.7M. Over the past ten years it has ranged from −$62.2M (fiscal 2025) to $1.0B (fiscal 2022) — the current reading is the lowest in ten years. EBITDA has fallen for 3 consecutive fiscal years. Polaris Inc. ranks 8th of 17 Recreational Vehicles companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 −$62.2M —
FY2024 $576.9M (39.89%)
FY2023 $959.8M (7.47%)
FY2022 $1.0B 11.73%
FY2021 $928.4M 10.80%
FY2020 $837.9M 16.67%
FY2019 $718.2M 2.84%
FY2018 $698.4M 26.81%
FY2017 $550.8M 6.37%
FY2016 $517.8M (40.37%)

Quarterly newest first

Period EBITDA Change
Sep 2026 $141.0M (34.14%)
Jun 2026 $214.1M 788.39%
Mar 2026 $24.1M —
Dec 2025 −$252.5M —
43 more quarters

Against its own ten years

Low −$62.2M High $1.0B
Ten-year median $718.2M
Current reading's percentile 9

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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