Polaris Income Statement Research

PII Stock

USD 86.76 1.38 1.57%

Most accounts from Polaris Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Polaris Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Polaris Industries Valuation and Polaris Industries Correlation analysis.

For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.

As of now, Polaris Industries' Gross Profit is increasing as compared to previous years. The Polaris Industries' current Other Operating Expenses is estimated to increase to about 16.1 B, while EBITDA is projected to decrease to under 383.4 M.

For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.As of now, Polaris Industries' Gross Profit is increasing as compared to previous years. The Polaris Industries' current Other Operating Expenses is estimated to increase to about 16.1 B, while EBITDA is projected to decrease to under 383.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.0B	2.0B	2.1B
Total Revenue	8.2B	8.6B	15.9B	16.7B

Gross Profit Total Revenue

Polaris Industries income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Selling And Marketing Expenses	Extraordinary Items	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Minority Interest	Reconciled Depreciation	Discontinued Operations
Depreciation And Amortization		0.84	0.8	0.95	0.79	0.66	0.65	0.59	0.76	0.98	0.38	-0.5	0.52	-0.13	0.86	0.97	0.88	-0.66	0.4	0.19	-0.78	0.77	-0.81	-0.61	0.83	0.6
Interest Expense	0.84		0.94	0.79	0.95	0.5	0.51	0.21	0.94	0.87	0.29	-0.38	0.47	-0.32	0.66	0.9	0.61	-0.65	0.39	0.56	-0.63	0.83	-0.99	-0.43	0.88	0.7
Total Revenue	0.8	0.94		0.83	1.0	0.64	0.64	0.25	1.0	0.86	0.49	-0.27	0.63	-0.1	0.56	0.88	0.53	-0.43	0.53	0.49	-0.48	0.64	-0.91	-0.39	0.8	0.79
Gross Profit	0.95	0.79	0.83		0.81	0.84	0.84	0.71	0.78	0.96	0.62	-0.39	0.73	0.12	0.75	0.95	0.82	-0.54	0.6	0.21	-0.59	0.68	-0.75	-0.62	0.77	0.68
Other Operating Expenses	0.79	0.95	1.0	0.81		0.61	0.61	0.22	1.0	0.85	0.46	-0.27	0.6	-0.12	0.56	0.88	0.52	-0.43	0.51	0.5	-0.48	0.64	-0.92	-0.38	0.79	0.79
Operating Income	0.66	0.5	0.64	0.84	0.61		1.0	0.81	0.59	0.65	0.87	-0.21	0.9	0.52	0.38	0.67	0.51	-0.29	0.79	0.21	-0.16	0.35	-0.46	-0.52	0.51	0.59
Ebit	0.65	0.51	0.64	0.84	0.61	1.0		0.81	0.6	0.65	0.87	-0.22	0.9	0.51	0.38	0.68	0.51	-0.29	0.79	0.22	-0.15	0.36	-0.47	-0.53	0.52	0.6
Ebitda	0.59	0.21	0.25	0.71	0.22	0.81	0.81		0.18	0.53	0.64	-0.29	0.64	0.49	0.55	0.52	0.69	-0.33	0.62	-0.11	-0.23	0.35	-0.2	-0.61	0.35	0.3
Cost Of Revenue	0.76	0.94	1.0	0.78	1.0	0.59	0.6	0.18		0.82	0.46	-0.25	0.6	-0.12	0.52	0.85	0.48	-0.4	0.51	0.52	-0.45	0.61	-0.91	-0.35	0.78	0.78
Total Operating Expenses	0.98	0.87	0.86	0.96	0.85	0.65	0.65	0.53	0.82		0.41	-0.42	0.56	-0.11	0.84	0.98	0.86	-0.61	0.43	0.22	-0.74	0.77	-0.84	-0.58	0.83	0.66
Income Before Tax	0.38	0.29	0.49	0.62	0.46	0.87	0.87	0.64	0.46	0.41		0.29	0.97	0.75	0.15	0.45	0.24	0.01	0.9	0.22	0.22	0.13	-0.26	-0.32	0.15	0.55
Total Other Income Expense Net	-0.5	-0.38	-0.27	-0.39	-0.27	-0.21	-0.22	-0.29	-0.25	-0.42	0.29		0.18	0.48	-0.42	-0.4	-0.47	0.52	0.24	0.01	0.69	-0.38	0.39	0.41	-0.69	-0.08
Net Income	0.52	0.47	0.63	0.73	0.6	0.9	0.9	0.64	0.6	0.56	0.97	0.18		0.57	0.28	0.61	0.35	-0.13	0.93	0.3	0.06	0.31	-0.44	-0.46	0.35	0.7
Income Tax Expense	-0.13	-0.32	-0.1	0.12	-0.12	0.52	0.51	0.49	-0.12	-0.11	0.75	0.48	0.57		-0.21	-0.13	-0.08	0.35	0.55	-0.11	0.58	-0.37	0.36	0.12	-0.45	-0.03
Selling General Administrative	0.86	0.66	0.56	0.75	0.56	0.38	0.38	0.55	0.52	0.84	0.15	-0.42	0.28	-0.21		0.81	0.96	-0.6	0.3	0.01	-0.76	0.78	-0.66	-0.54	0.67	0.43
Research Development	0.97	0.9	0.88	0.95	0.88	0.67	0.68	0.52	0.85	0.98	0.45	-0.4	0.61	-0.13	0.81		0.81	-0.58	0.5	0.32	-0.69	0.78	-0.87	-0.67	0.86	0.76
Selling And Marketing Expenses	0.88	0.61	0.53	0.82	0.52	0.51	0.51	0.69	0.48	0.86	0.24	-0.47	0.35	-0.08	0.96	0.81		-0.58	0.34	-0.08	-0.73	0.74	-0.6	-0.59	0.67	0.41
Extraordinary Items	-0.66	-0.65	-0.43	-0.54	-0.43	-0.29	-0.29	-0.33	-0.4	-0.61	0.01	0.52	-0.13	0.35	-0.6	-0.58	-0.58		-0.03	-0.43	0.72	-0.87	0.67	0.22	-0.64	-0.05
Net Income From Continuing Ops	0.4	0.39	0.53	0.6	0.51	0.79	0.79	0.62	0.51	0.43	0.9	0.24	0.93	0.55	0.3	0.5	0.34	-0.03		0.29	0.19	0.31	-0.39	-0.47	0.29	0.69
Non Operating Income Net Other	0.19	0.56	0.49	0.21	0.5	0.21	0.22	-0.11	0.52	0.22	0.22	0.01	0.3	-0.11	0.01	0.32	-0.08	-0.43	0.29		0.01	0.45	-0.6	-0.07	0.35	0.34
Tax Provision	-0.78	-0.63	-0.48	-0.59	-0.48	-0.16	-0.15	-0.23	-0.45	-0.74	0.22	0.69	0.06	0.58	-0.76	-0.69	-0.73	0.72	0.19	0.01		-0.68	0.61	0.38	-0.73	-0.2
Interest Income	0.77	0.83	0.64	0.68	0.64	0.35	0.36	0.35	0.61	0.77	0.13	-0.38	0.31	-0.37	0.78	0.78	0.74	-0.87	0.31	0.45	-0.68		-0.85	-0.44	0.77	0.43
Net Interest Income	-0.81	-0.99	-0.91	-0.75	-0.92	-0.46	-0.47	-0.2	-0.91	-0.84	-0.26	0.39	-0.44	0.36	-0.66	-0.87	-0.6	0.67	-0.39	-0.6	0.61	-0.85		0.44	-0.89	-0.69
Minority Interest	-0.61	-0.43	-0.39	-0.62	-0.38	-0.52	-0.53	-0.61	-0.35	-0.58	-0.32	0.41	-0.46	0.12	-0.54	-0.67	-0.59	0.22	-0.47	-0.07	0.38	-0.44	0.44		-0.66	-0.72
Reconciled Depreciation	0.83	0.88	0.8	0.77	0.79	0.51	0.52	0.35	0.78	0.83	0.15	-0.69	0.35	-0.45	0.67	0.86	0.67	-0.64	0.29	0.35	-0.73	0.77	-0.89	-0.66		0.67
Discontinued Operations	0.6	0.7	0.79	0.68	0.79	0.59	0.6	0.3	0.78	0.66	0.55	-0.08	0.7	-0.03	0.43	0.76	0.41	-0.05	0.69	0.34	-0.2	0.43	-0.69	-0.72	0.67

Click cells to compare fundamentals

Polaris Industries Account Relationship Matchups

Polaris Industries income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	77.6M	66.7M	44.2M	71.7M	125M	131.3M
Total Revenue	6.8B	7.0B	8.2B	8.6B	15.9B	16.7B
Gross Profit	1.6B	1.7B	1.9B	2.0B	2.0B	2.1B
Operating Income	483.7M	587.3M	709M	804.5M	700.9M	735.9M
Ebit	483.7M	587.3M	709M	804.5M	700.9M	735.9M
Ebitda	719.9M	848M	943.8M	1.1B	700.9M	383.4M
Cost Of Revenue	5.1B	5.3B	6.3B	6.6B	13.9B	14.6B
Income Before Tax	407.8M	141.4M	625.7M	761.4M	620.4M	651.4M
Net Income	324.0M	124.8M	493.9M	603.4M	502.8M	527.9M
Income Tax Expense	83.9M	16.5M	131.4M	158M	117.7M	79.8M
Research Development	292.9M	295.6M	336.7M	366.7M	374.3M	393.0M
Tax Provision	83.9M	16.5M	131.4M	158M	150.3M	98.8M
Interest Income	82.7M	66.7M	44.2M	71.7M	82.5M	60.5M
Net Interest Income	(77.6M)	(66.7M)	(44.2M)	(71.7M)	(117.1M)	(111.2M)
Minority Interest	76K	(100K)	(400K)	(500K)	100K	105K

Polaris Industries Investors Sentiment

The influence of Polaris Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Polaris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Polaris Industries' public news can be used to forecast risks associated with an investment in Polaris. The trend in average sentiment can be used to explain how an investor holding Polaris can time the market purely based on public headlines and social activities around Polaris Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Polaris Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Polaris Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Polaris Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Polaris Industries.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Polaris Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Polaris Industries' short interest history, or implied volatility extrapolated from Polaris Industries options trading.

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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:

How To Invest In Polaris

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Is Polaris Stock a good investment?

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What is Polaris Industries' Net Worth?

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Check out Polaris Industries Valuation and Polaris Industries Correlation analysis.

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Polaris Industries' price analysis, check to measure Polaris Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Polaris Industries is operating at the current time. Most of Polaris Industries' value examination focuses on studying past and present price action to predict the probability of Polaris Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polaris Industries' price. Additionally, you may evaluate how the addition of Polaris Industries to your portfolios can decrease your overall portfolio volatility.

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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.

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Polaris Income Statement Research

Polaris Industries income statement Correlations

Polaris Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Polaris Industries income statement Accounts

Polaris Industries Investors Sentiment

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Polaris Stock analysis

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Total Operating Expenses	+ 0.98	Depreciation And Amortization
Research Development	+ 0.98	Total Operating Expenses

Net Interest Income	- 0.99	Interest Expense
Net Interest Income	- 0.92	Other Operating Expenses
Net Interest Income	- 0.91	Cost Of Revenue
Net Interest Income	- 0.91	Total Revenue
Reconciled Depreciation	- 0.89	Net Interest Income
Interest Income	- 0.87	Extraordinary Items