Polaris

Polaris

Leisure Products
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to another segment of the outdoor lifestyle market. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.

$3B

Market Cap • 10/8/2026

1954

(72 years)

Founded

1987

(39 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

3,6

P/S

0,4

P/EBITDA

38,2

P/OCF

12,1

P/FCF

44,9

P/E

—

BVPS

14,7

EPS

—

Market Cap

Market Cap

3B

EV

4,7B

EV/Revenue

0,6

EV/EBITDA

59,3

EV/EBIT

-24,5

Payout

Dividend Per Share

2,7

Dividend Yield

5,1%

Buyback Yield

0,1%

Total Yield

5,2%

Dividend Yield 5Y

4,3%

Payout

-59%

Retained Earnings

-496M

Profitability

Gross Margin

21,2%

EBITDA Margin

1,1%

EBIT Margin

—

Net Margin

—

D&A/EBITDA

0%

R&D/Revenue

5%

Capex/Revenue

2,4%

Capex/D&A

67,2%

Capex/OCF

73%

SBC/OCF

25,1%

% PPE

20,8%

% Goodwill

15,2%

ROE

—

ROIC

—

Growth

CAGR Revenue 5Y

-1,4%

CAGR Op. Income 5Y

-4,9%

CAGR Net Income 5Y

-2,8%

CAGR OCF 5Y

-22,8%

Leverage

N.D./EBITDA

21

Debt/Equity

0%

Current Ratio

1,2

Quick Ratio

0,3

Interest Coverage

—

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