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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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Polaris Inc. (PII) trades at a price to free cash flow of 14.1×. Over the past ten years it has ranged from 0.0× (December 2022) to 713× (February 2022); the current reading is higher than 36% of that period. That is above the Recreational Vehicles industry median of 12.0× and above the Consumer Cyclical sector median of 12.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 6.4× (98.71%)
FY2024 501× 4,670.60%
FY2023 10.5× (64.42%)
FY2022 29.5× (95.23%)
FY2021 618× 8,434.24%
FY2020 7.2× (53.18%)
FY2019 15.5× (18.76%)
FY2018 19.0× (3.86%)
FY2017 19.8× 41.88%
FY2016 14.0× (53.07%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 11.3× (80.77%)
Jun 2026 58.8× 201.99%
Mar 2026 19.5× 202.07%
Dec 2025 6.4× 13.35%
43 more quarters

Against its own ten years

Low 0.0× High 713×
Ten-year median 17.0×
Current reading's percentile 36

Price to free cash flow against peers

Company Price to free cash flow
DOO BRP Inc. compare 5.6×
WGO Winnebago Industries, Inc. compare 6.3×
LCII LCI Industries compare 8.9×
HOG Harley-Davidson, Inc. compare 10.8×
BC Brunswick Corporation compare 13.2×
PII Polaris Inc. 14.1×
PATK Patrick Industries, Inc. compare 15.8×
MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare 16.0×
THO Thor Industries, Inc. compare 18.3×
Recreational Vehicles industry median 12.0×
Consumer Cyclical sector median 12.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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