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
−33.5%
Total debt
+22.6%

Quarter to September 2026, against a year earlier

62.30 2.89 +4.86%
Market cap
$3.4B
P/E
0.0×
Fwd P/E
28.3×
Dividend yield
4.35%
F-score
4/9
Altman Z
1.61
Beneish M
−3.47
Dividend safety
45/100

Polaris Inc. (PII) P/E ratio

Alert me on P/E ratio

Polaris Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 260× (October 2020) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 29.4× 174.48%
FY2023 10.7× (18.90%)
FY2022 13.2× (3.39%)
FY2021 13.7× (71.45%)
FY2020 47.9× 148.58%
FY2019 19.3× 34.89%
FY2018 14.3× (68.89%)
FY2017 45.9× 83.38%
FY2016 25.0× 100.67%

Quarterly newest first

Period P/E ratio Change
Sep 2026 0.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 260×
Ten-year median 16.4×
Current reading's percentile 14

P/E ratio against peers

Company P/E ratio
PII Polaris Inc. n/m
HOG Harley-Davidson, Inc. compare n/m
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare n/m
LCII LCI Industries compare 11.8×
PATK Patrick Industries, Inc. compare 19.8×
THO Thor Industries, Inc. compare 23.3×
BC Brunswick Corporation compare 24.4×
WGO Winnebago Industries, Inc. compare 26.6×
DOO BRP Inc. compare 55.4×
Recreational Vehicles industry median 23.8×
Consumer Cyclical sector median 17.9×
Market median 18.6×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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