Polaris Financial Statements From 2010 to 2024

PII Stock  USD 99.08  3.69  3.87%   
Polaris Industries financial statements provide useful quarterly and yearly information to potential Polaris Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Polaris Industries financial statements helps investors assess Polaris Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Polaris Industries' valuation are summarized below:
Gross Profit
B
Profit Margin
0.0558
Market Capitalization
5.6 B
Enterprise Value Revenue
0.815
Revenue
B
We have found one hundred twenty available trending fundamental ratios for Polaris Industries, which can be analyzed and compared to other ratios and to its competitors. Traders should compare all of Polaris Industries recent fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year.
Check Polaris Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Polaris main balance sheet or income statement drivers, such as Depreciation And Amortization of 271.8 M, Interest Expense of 131.2 M or Total Revenue of 16.7 B, as well as many exotic indicators such as Short Term Coverage Ratios of 10.95, Price Earnings Ratio of 14.35 or Price To Sales Ratio of 0.86. Polaris financial statements analysis is a perfect complement when working with Polaris Industries Valuation or Volatility modules.
  
This module can also supplement Polaris Industries' financial leverage analysis and stock options assessment as well as various Polaris Industries Technical models . Check out the analysis of Polaris Industries Correlation against competitors.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.

Polaris Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.8 B5.5 B3.3 B
Slightly volatile
Short and Long Term Debt Total2.2 B2.1 B1.1 B
Slightly volatile
Other Current Liabilities1.2 B1.1 B661.1 M
Slightly volatile
Total Current LiabilitiesB1.9 B1.3 B
Slightly volatile
Total Stockholder Equity1.5 B1.4 B921.1 M
Slightly volatile
Property Plant And Equipment Net1.4 B1.3 B767.5 M
Slightly volatile
Retained Earnings193.6 M243.5 M235.7 M
Pretty Stable
Cash386.2 M367.8 M262.3 M
Slightly volatile
Non Current Assets TotalB2.8 B1.8 B
Slightly volatile
Cash And Short Term Investments386.2 M367.8 M262.3 M
Slightly volatile
Net Receivables331.2 M315.4 M220.6 M
Slightly volatile
Common Stock Shares Outstanding66.3 M57.7 M65.6 M
Slightly volatile
Liabilities And Stockholders Equity5.8 B5.5 B3.3 B
Slightly volatile
Inventory1.9 B1.8 B960.4 M
Slightly volatile
Other Current Assets207.9 M198 M113.6 M
Slightly volatile
Other Stockholder Equity1.3 B1.2 B724.2 M
Slightly volatile
Total Liabilities4.3 B4.1 B2.4 B
Slightly volatile
Total Current Assets2.8 B2.7 B1.6 B
Slightly volatile
Short Term Debt131.2 M83.5 M126.7 M
Slightly volatile
Intangible Assets537.6 M512 M389.4 M
Slightly volatile
Accounts Payable748.8 M713.1 M432.3 M
Slightly volatile
Non Currrent Assets Other38.1 M63.9 M72.3 M
Slightly volatile
Good Will414.1 M394.4 M312.4 M
Slightly volatile
Property Plant And Equipment Gross2.7 B2.5 B933.6 M
Slightly volatile
Common Stock Total Equity526.3 K690 K602.9 K
Pretty Stable
Common Stock531.6 K690 K603.2 K
Pretty Stable
Other Assets383 M364.8 M205.3 M
Slightly volatile
Long Term Debt1.9 B1.9 B957 M
Slightly volatile
Property Plant Equipment1.4 B1.3 B755.7 M
Slightly volatile
Other Liabilities114.5 M226.1 M132.7 M
Slightly volatile
Long Term Debt Total976.9 M1.7 B909.9 M
Slightly volatile
Capital Surpluse738.1 M1.3 B698.4 M
Slightly volatile
Non Current Liabilities Other134.1 M167.1 M120.2 M
Slightly volatile
Capital Lease Obligations151.8 M144.6 M49.3 M
Slightly volatile
Long Term Investments96.2 M141.1 M85.2 M
Slightly volatile
Deferred Long Term Asset Charges109.9 M204.4 M106.6 M
Slightly volatile
Warrants11.9 M14.5 M10.7 M
Slightly volatile
Short and Long Term Debt51.3 M54 M184.8 M
Very volatile
Cash And Equivalents322.5 M373.2 M234.1 M
Slightly volatile
Net Invested Capital3.1 B3.3 B2.4 B
Slightly volatile
Net Working Capital795.8 M757.9 M267.5 M
Slightly volatile
Capital Stock483.1 K540 K594.5 K
Slightly volatile

Polaris Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization271.8 M258.9 M173.6 M
Slightly volatile
Total Revenue16.7 B15.9 B6.5 B
Slightly volatile
Gross Profit2.1 BB1.4 B
Slightly volatile
Other Operating Expenses16.1 B15.3 BB
Slightly volatile
Operating Income735.9 M700.9 M537.3 M
Slightly volatile
EBIT735.9 M700.9 M534.3 M
Slightly volatile
EBITDA383.4 M700.9 M649.1 M
Slightly volatile
Cost Of Revenue14.6 B13.9 B5.2 B
Slightly volatile
Total Operating Expenses1.4 B1.3 B851.4 M
Slightly volatile
Income Before Tax651.4 M620.4 M470.6 M
Slightly volatile
Net Income527.9 M502.8 M341.7 M
Slightly volatile
Income Tax Expense79.8 M117.7 M125.7 M
Pretty Stable
Selling General Administrative232.7 M422.8 M274 M
Slightly volatile
Research Development393 M374.3 M230.5 M
Slightly volatile
Net Income Applicable To Common Shares539.9 M514.2 M338.3 M
Slightly volatile
Selling And Marketing Expenses316.3 M542.3 M380.7 M
Slightly volatile
Net Income From Continuing Ops380.3 M596 M348.1 M
Slightly volatile
Tax Provision98.8 M150.3 M157.4 M
Slightly volatile
Interest Income60.5 M82.5 M47.8 M
Slightly volatile
Reconciled Depreciation254.1 M249.8 M213.9 M
Slightly volatile

Polaris Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow340.7 M324.5 M272 M
Slightly volatile
Depreciation271.8 M258.9 M172.5 M
Slightly volatile
Capital Expenditures433.2 M412.6 M229 M
Slightly volatile
Total Cash From Operating ActivitiesB962.8 M554.2 M
Slightly volatile
Net Income527.9 M502.8 M344 M
Slightly volatile
Stock Based Compensation38.6 M57.4 M52 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios10.9511.530560.4862
Slightly volatile
Price Earnings Ratio14.3510.762524.1695
Slightly volatile
Price To Sales Ratio0.860.60571.3043
Slightly volatile
Dividend Yield0.04520.02720.035
Slightly volatile
Operating Cycle64.06107100
Pretty Stable
Price Book Value Ratio4.973.81516.9074
Slightly volatile
Days Of Payables Outstanding24.6437.032833.7628
Slightly volatile
Operating Cash Flow Per Share17.716.86168.9102
Slightly volatile
Dividend Payout Ratio0.280.2930.5086
Pretty Stable
Price To Operating Cash Flows Ratio8.15.620411.9527
Pretty Stable
Pretax Profit Margin0.110.06940.0955
Slightly volatile
Inventory Turnover6.833.8824.8713
Very volatile
Ebt Per Ebit1.010.9860.9037
Slightly volatile
Payables Turnover13.739.856111.4411
Slightly volatile
Operating Profit Margin0.120.07040.1044
Slightly volatile
Effective Tax Rate0.350.18970.3015
Slightly volatile
Company Equity Multiplier2.263.88913.2303
Slightly volatile
Long Term Debt To Capitalization0.590.56550.4342
Slightly volatile
Cash Per Share6.766.44134.2153
Slightly volatile
Total Debt To Capitalization0.610.57630.4421
Slightly volatile
Interest Coverage4.474.702536.2708
Slightly volatile
Return On Capital Employed0.170.17560.307
Slightly volatile
Payout Ratio0.280.2930.5086
Pretty Stable
Debt Equity Ratio1.431.36021.0402
Slightly volatile
Ebit Per Revenue0.120.07040.1044
Slightly volatile
Quick Ratio0.50.35330.4228
Slightly volatile
Net Income Per E B T0.780.81040.7027
Slightly volatile
Cash Ratio0.280.19020.2261
Pretty Stable
Cash Conversion Cycle56.9569.875568.8295
Slightly volatile
Operating Cash Flow Sales Ratio0.120.10780.1098
Slightly volatile
Days Of Inventory Outstanding51.9894.023284.1317
Pretty Stable
Days Of Sales Outstanding16.6112.885116.1906
Slightly volatile
Cash Flow Coverage Ratios0.470.4991.1564
Slightly volatile
Price To Book Ratio4.973.81516.9074
Slightly volatile
Current Ratio1.331.39191.2805
Slightly volatile
Fixed Asset Turnover10.536.64077.8778
Very volatile
Price Cash Flow Ratio8.15.620411.9527
Pretty Stable
Enterprise Value Multiple6.627.990710.503
Slightly volatile
Debt Ratio0.370.34970.271
Slightly volatile
Cash Flow To Debt Ratio0.470.4991.1564
Slightly volatile
Price Sales Ratio0.860.60571.3043
Slightly volatile
Return On Assets0.180.09110.1223
Pretty Stable
Receivables Turnover27.5928.327224.032
Slightly volatile
Asset Turnover2.411.61961.7429
Very volatile
Net Profit Margin0.07710.05630.065
Pretty Stable
Gross Profit Margin0.30.21330.2642
Slightly volatile
Price Fair Value4.973.81516.9074
Slightly volatile
Return On Equity0.330.35450.3649
Very volatile

Polaris Fundamental Market Drivers

Forward Price Earnings12.6582
Cash And Short Term Investments367.8 M

Polaris Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Polaris Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Polaris Industries income statement, its balance sheet, and the statement of cash flows. Polaris Industries investors use historical funamental indicators, such as Polaris Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Polaris Industries investors may use each financial statement separately, they are all related. The changes in Polaris Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Polaris Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Polaris Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Polaris Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue35.3 M33.5 M
Total Revenue15.9 B16.7 B
Cost Of Revenue13.9 B14.6 B
Ebit Per Revenue 0.07  0.12 

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When determining whether Polaris Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polaris Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polaris Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polaris Industries Stock:
Check out the analysis of Polaris Industries Correlation against competitors.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Polaris Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polaris Industries. If investors know Polaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polaris Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Dividend Share
2.6
Earnings Share
8.71
Revenue Per Share
157.877
Quarterly Revenue Growth
(0.04)
The market value of Polaris Industries is measured differently than its book value, which is the value of Polaris that is recorded on the company's balance sheet. Investors also form their own opinion of Polaris Industries' value that differs from its market value or its book value, called intrinsic value, which is Polaris Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polaris Industries' market value can be influenced by many factors that don't directly affect Polaris Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polaris Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Polaris Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polaris Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.