Market cap
$3,329 Mln
Revenue (TTM)
$7,445 Mln
P/E Ratio
12.1
P/B Ratio
3.9
Div. Yield
4.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 21.95 | 9.18 | 8.43 | -6.61 | -1.36 |
| EBIT | 758.24 | 404.58 | -720.41 | -154.87 | -170.19 |
| Net Profit | 323.11 | 233.58 | -141.40 | -174.55 | -183.08 |
| EPS | 321.01 | 230.95 | -144.03 | -175.48 | -184.93 |
| Book Value | -- | -- | -35.89 | -8.15 | -4.30 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 2.07 | 4.97 | -2.04 | -5.59 | 3.95 |
| Net Margin
| -- | 6.76 | -3.50 | -- | -- |
| Return on equity
| 1.39 | 19.33 | -31.38 | -43.95 | 8.18 |
| Return on Capital
| 0.74 | 7.52 | -- | -15.89 | 3.18 |
| Return on Assets
| 0.81 | 4.83 | -3.42 | -8.94 | 2.01 |
| Debt to Equity (x)
| -- | -- | 2.29 | 1.86 | 1.71 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
--
|
-15.89
|
3.18
|
14.92
|
18.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-31.38
Lower than Peers by 37.31
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-31.38
|
-43.95
|
8.18
|
39.95
|
50.76
|
|
Peer Median
|
5.93
|
--
|
--
|
--
|
--
|
ROA
-3.42
Lower than Peers by 5.31
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-3.42
|
-8.94
|
2.01
|
9.37
|
11.49
|
|
Peer Median
|
1.89
|
--
|
--
|
--
|
--
|
EBIT Margin
-2.04
Lower than Peers by 6.65
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-2.04
|
-5.59
|
3.95
|
7.84
|
9.71
|
|
Peer Median
|
4.60
|
--
|
--
|
--
|
--
|
Net Margin
-3.50
Lower than Peers by 5.82
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-3.50
|
-6.51
|
1.54
|
5.63
|
6.84
|
|
Peer Median
|
2.33
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
8.43
Higher than Peers by 12.12
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
8.43
|
0.00
|
-0.20
|
0.04
|
0.15
|
|
Peer Median
|
-3.69
|
--
|
--
|
--
|
--
|
EBIT Growth
-720.41
Lower than Peers by 697.90
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-720.41
|
-241.26
|
-59.61
|
-15.97
|
25.47
|
|
Peer Median
|
-22.51
|
--
|
--
|
--
|
--
|
Net Profit Growth
-141.40
Lower than Peers by 123.13
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-141.40
|
-520.13
|
-77.96
|
-14.74
|
19.40
|
|
Peer Median
|
-18.27
|
--
|
--
|
--
|
--
|
EPS Growth
-144.03
Lower than Peers by 143.24
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-144.03
|
-5.19
|
-0.78
|
-0.13
|
0.27
|
|
Peer Median
|
-0.79
|
--
|
--
|
--
|
--
|
Book Value Growth
-31.11
Lower than Peers by 33.82
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-31.11
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.71
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.29
Higher than Peers by 2.03
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
2.29
|
1.86
|
1.71
|
1.45
|
1.97
|
|
Peer Median
|
0.26
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.04
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
0.04
|
0.04
|
0.36
|
0.06
|
0.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.20
Lower than Peers by 1.01
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
1.20
|
0.98
|
1.15
|
1.39
|
1.19
|
|
Peer Median
|
2.21
|
--
|
--
|
--
|
--
|
Quick Ratio
0.47
Lower than Peers by 0.76
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
0.47
|
0.35
|
0.39
|
0.46
|
0.37
|
|
Peer Median
|
1.23
|
--
|
--
|
--
|
--
|
Interest Coverage
-1.18
Lower than Peers by 5.97
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-1.18
|
-3.01
|
1.99
|
5.61
|
11.47
|
|
Peer Median
|
4.79
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
4.22
Lower than Peers by 3.97
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
4.22
|
3.35
|
2.89
|
3.53
|
4.23
|
|
Peer Median
|
8.19
|
--
|
--
|
--
|
--
|
Asset Turnover
0.98
Higher than Peers by 0.10
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
0.98
|
1.37
|
1.30
|
1.66
|
1.67
|
|
Peer Median
|
0.88
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
--
|
11.41
|
13.31
|
13.87
|
12.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
--
|
98.84
|
112.39
|
48.53
|
93.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
--
|
41.53
|
40.37
|
20.43
|
44.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
--
|
68.72
|
85.33
|
41.97
|
61.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
12.14
Lower than Peers by 12.21
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
12.14
|
-7.73
|
29.54
|
10.78
|
10.02
|
|
Peer Median
|
24.35
|
--
|
--
|
--
|
--
|
Price / Book Value
3.94
Higher than Peers by 2.35
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
3.94
|
4.34
|
2.54
|
3.82
|
5.38
|
|
Peer Median
|
1.59
|
--
|
--
|
--
|
--
|
Dividend Yield
4.66
Higher than Peers by 2.21
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
4.66
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.45
|
--
|
--
|
--
|
--
|
EV/EBITDA
48.79
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
48.79
|
-43.86
|
9.11
|
10.14
|
7.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,329
Higher than Peers by 3,250
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
3,329
|
--
|
--
|
--
|
--
|
|
Peer Median
|
80
|
--
|
--
|
--
|
--
|