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. In the quarter to June 2026, revenue grew 9.18%, EPS grew 233.1%, free cash flow fell 33.5% and total debt rose 37.6%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.
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Polaris Inc. (PII) 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× (October 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 |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| BC Brunswick Corporation compare | n/m |
| MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare | n/m |
| PII Polaris Inc. | n/m |
| LCII LCI Industries compare | 9.0× |
| PATK Patrick Industries, Inc. compare | 13.9× |
| HOG Harley-Davidson, Inc. compare | 16.0× |
| WGO Winnebago Industries, Inc. compare | 17.2× |
| THO Thor Industries, Inc. compare | 18.8× |
| DOO BRP Inc. compare | 46.5× |
| Recreational Vehicles industry median | 16.6× |
| Consumer Cyclical sector median | 17.2× |
| Market median | 17.9× |
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)