stockrowPolaris 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
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Polaris Inc. (PII) Return on invested capital
Polaris Inc.'s return on invested capital over the twelve months to 30 September 2026 was −4.00%, up 5.9 percentage points from fiscal 2025 (−9.91%). Over the past ten years it has ranged from −9.91% (fiscal 2025) to 34.9% (fiscal 2015) — the current reading is the lowest in ten years. That is below the Recreational Vehicles industry median of 0.00% and below the Consumer Cyclical sector median of 3.42%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | −9.91% | (16.78) |
| FY2024 | 6.87% | (8.20) |
| FY2023 | 15.1% | (2.67) |
| FY2022 | 17.7% | 0.11 |
| FY2021 | 17.6% | 1.02 |
| FY2020 | 16.6% | 5.18 |
| FY2019 | 11.4% | 0.02 |
| FY2018 | 11.4% | (1.76) |
| FY2017 | 13.2% | 1.54 |
| FY2016 | 11.6% | (23.27) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| DOO BRP Inc. compare | 11.6% |
| LCII LCI Industries compare | 9.13% |
| PATK Patrick Industries, Inc. compare | 6.21% |
| BC Brunswick Corporation compare | 5.96% |
| WGO Winnebago Industries, Inc. compare | 2.76% |
| THO Thor Industries, Inc. compare | 2.65% |
| MCFT MASTERCRAFT BOAT HOLDINGS, INC. compare | −0.21% |
| PII Polaris Inc. | −4.00% |
| HOG Harley-Davidson, Inc. compare | −4.25% |
| Recreational Vehicles industry median | 0.00% |
| Consumer Cyclical sector median | 3.42% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on PII
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement