Polaris Industries Inc (PII) Key Ratios
$64.97
As on 12-Nov-2026 14:43EST
Market cap
$3,590 Mln
Revenue (TTM)
$7,646 Mln
P/E Ratio
12.1
P/B Ratio
4.3
Div. Yield
4.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.98 | 10.91 | 9.46 | -5.46 | -0.39 |
| EBIT | -53.03 | 292.56 | -233.71 | -146.72 | -164.25 |
| Net Profit | -64.03 | 340.25 | -36.34 | -170.34 | -180.64 |
| EPS | -64.03 | 336.39 | -38.41 | -171.10 | -182.50 |
| 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 | -1.17 | -5.59 | 3.95 |
| Net Margin
| -- | 6.76 | -2.70 | -- | -- |
| Return on equity
| 1.39 | 19.33 | -25.97 | -43.95 | 8.18 |
| Return on Capital
| 0.74 | 7.52 | -- | -15.89 | 3.18 |
| Return on Assets
| 0.81 | 4.83 | -2.71 | -8.94 | 2.01 |
| Debt to Equity (x)
| -- | -- | 1.89 | 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
-25.97
Lower than Peers by 31.67
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-25.97
|
-43.95
|
8.18
|
39.95
|
50.76
|
|
Peer Median
|
5.70
|
--
|
--
|
--
|
--
|
ROA
-2.71
Lower than Peers by 4.64
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-2.71
|
-8.94
|
2.01
|
9.37
|
11.49
|
|
Peer Median
|
1.93
|
--
|
--
|
--
|
--
|
EBIT Margin
-1.17
Lower than Peers by 5.77
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-1.17
|
-5.59
|
3.95
|
7.84
|
9.71
|
|
Peer Median
|
4.60
|
--
|
--
|
--
|
--
|
Net Margin
-2.70
Lower than Peers by 5.02
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)
|
-2.70
|
-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
9.46
Higher than Peers by 12.72
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
9.46
|
0.00
|
-0.20
|
0.04
|
0.15
|
|
Peer Median
|
-3.26
|
--
|
--
|
--
|
--
|
EBIT Growth
-233.71
Lower than Peers by 212.63
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-233.71
|
-241.26
|
-59.61
|
-15.97
|
25.47
|
|
Peer Median
|
-21.08
|
--
|
--
|
--
|
--
|
Net Profit Growth
-36.34
Lower than Peers by 19.46
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-36.34
|
-520.13
|
-77.96
|
-14.74
|
19.40
|
|
Peer Median
|
-16.88
|
--
|
--
|
--
|
--
|
EPS Growth
-38.41
Lower than Peers by 40.14
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-38.41
|
-5.19
|
-0.78
|
-0.13
|
0.27
|
|
Peer Median
|
1.72
|
--
|
--
|
--
|
--
|
Book Value Growth
-28.54
Lower than Peers by 31.32
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-28.54
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.78
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.89
Higher than Peers by 1.63
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
1.89
|
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
1.06
Lower than Peers by 1.11
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
1.06
|
0.98
|
1.15
|
1.39
|
1.19
|
|
Peer Median
|
2.18
|
--
|
--
|
--
|
--
|
Quick Ratio
0.39
Lower than Peers by 0.82
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
0.39
|
0.35
|
0.39
|
0.46
|
0.37
|
|
Peer Median
|
1.21
|
--
|
--
|
--
|
--
|
Interest Coverage
-0.72
Lower than Peers by 5.50
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
-0.72
|
-3.01
|
1.99
|
5.61
|
11.47
|
|
Peer Median
|
4.77
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
3.90
Lower than Peers by 4.48
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
3.90
|
3.35
|
2.89
|
3.53
|
4.23
|
|
Peer Median
|
8.38
|
--
|
--
|
--
|
--
|
Asset Turnover
1.01
Higher than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Polaris Industries Inc (PII)
|
1.01
|
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 12.13
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
|
24.27
|
--
|
--
|
--
|
--
|
Price / Book Value
4.33
Higher than Peers by 2.14
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)
|
4.33
|
4.34
|
2.54
|
3.82
|
5.38
|
|
Peer Median
|
2.19
|
--
|
--
|
--
|
--
|
Dividend Yield
4.21
Higher than Peers by 2.06
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)
|
4.21
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.15
|
--
|
--
|
--
|
--
|
EV/EBITDA
31.58
--
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)
|
31.58
|
-43.86
|
9.11
|
10.14
|
7.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,590
Higher than Peers by 3,474
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)
|
3,590
|
--
|
--
|
--
|
--
|
|
Peer Median
|
116
|
--
|
--
|
--
|
--
|