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Friday 6 November 2026 Export PII’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Polaris Inc. (PII) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Polaris Inc. (PII) trades at a EV/FCF of 21.0×. Over the past ten years it has ranged from −262× (November 2022) to 832× (February 2022); the current reading is higher than 52% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 9.9× (98.75%)
FY2024 794× 5,383.95%
FY2023 14.5× (61.99%)
FY2022 38.1× (94.83%)
FY2021 737× 8,841.73%
FY2020 8.2× (57.22%)
FY2019 19.3× (26.41%)
FY2018 26.2× 21.09%
FY2017 21.6× 30.08%
FY2016 16.6× (46.94%)

Quarterly newest first

Period EV/FCF Change
Sep 2026 18.3× (79.98%)
Jun 2026 91.2× 168.54%
Mar 2026 34.0× 243.53%
Dec 2025 9.9× 19.15%
43 more quarters

Against its own ten years

Low −262× High 832×
Ten-year median 20.6×
Current reading's percentile 51

EV/FCF against peers

Company EV/FCF
DOO BRP Inc. compare 7.1×
WGO Winnebago Industries, Inc. compare 8.4×
LCII LCI Industries compare 11.0×
HOG Harley-Davidson, Inc. compare 11.6×
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 16.5×
BC Brunswick Corporation compare 17.7×
THO Thor Industries, Inc. compare 20.0×
PII Polaris Inc. 21.0×
PATK Patrick Industries, Inc. compare 24.0×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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