Polaris Industries is a manufacturer of snowmobiles, ATV, and neighborhood electric vehicles. The Company designs, engineers and manufactures powersports vehicles which include, off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and global adjacent markets vehicles, including work & transportation and military vehicles. Polaris products, together with related parts, garments, and accessories, as well as aftermarket accessories and apparel, are sold through dealers and distributors principally located in the United States, Canada, Western Europe, Australia, and Mexico.

Company Growth (employees)
Type
Public
HQ
Medina, US
Founded
1954
Size (employees)
8,600 (est)+38%
Polaris was founded in 1954 and is headquartered in Medina, US

Polaris Office Locations

Polaris has offices in Medina, Huntsville, Washington, Minneapolis and in 4 other locations
Medina, US (HQ)
2100 MN-55
Show all (8)

Polaris Financials and Metrics

Polaris Financials

Polaris's revenue was reported to be $78.5 m in FY, 2016
USD

Revenue (Q3, 2017)

1.5 b

Gross profit (Q3, 2017)

364 m

Gross profit margin (Q3, 2017), %

25%

Net income (Q3, 2017)

81.9 m

EBIT (Q3, 2017)

116.9 m

Market capitalization (13-Nov-2017)

7.7 b

Cash (30-Sep-2017)

132.3 m

EV

8.4 b
Polaris's current market capitalization is $7.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

45.9 m61.7 m69.3 m78.5 m

Revenue growth, %

34%12%13%

Cost of goods sold

2.7 b3.2 b3.4 b3.4 b

Gross profit

(2.6 b)(3.1 b)(3.3 b)(3.3 b)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

1.1 b1.5 b983 m1.1 b1.2 b1.2 b1.4 b1.5 b

Cost of goods sold

804.9 m1 b735.4 m846.3 m924.3 m911.3 m1 b1.1 b

Gross profit

319.4 m415.6 m247.6 m284.5 m260.8 m242.5 m350.4 m364 m

Gross profit Margin, %

28%29%25%25%22%21%26%25%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

92.2 m137.6 m155.3 m127.3 m

Accounts Receivable

186.2 m204.9 m150.8 m174.8 m

Inventories

746.5 m

Current Assets

865.7 m1.1 b1.2 b1.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

387.8 m101.8 m119 m169 m111 m118.8 m225.3 m145.8 m146.6 m122.7 m137.5 m127.4 m132.3 m

Accounts Receivable

157 m150.5 m135.4 m153.8 m173.2 m151.5 m176.2 m124.6 m142.4 m152.3 m176.3 m169.3 m184.1 m

Inventories

460.6 m482.9 m559.9 m582.2 m629.3 m708.3 m674.6 m710 m692.3 m755.9 m800.6 m816 m841.9 m

Current Assets

1.2 b890.5 m993.4 m1.1 b1.1 b1.2 b1.3 b1.1 b1.1 b1.1 b1.3 b1.2 b1.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

377.3 m454 m455.4 m212.9 m

Depreciation and Amortization

92.1 m127.5 m152.1 m167.5 m

Inventories

(52 m)(160 m)(150 m)112 m

Accounts Payable

51.5 m105.8 m(46.1 m)(62.7 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

268.6 m80.9 m177.8 m318.6 m88.6 m189.5 m344.7 m46.9 m118.1 m150.4 m(2.9 m)59.1 m141 m

Depreciation and Amortization

64.4 m28.1 m56.8 m91 m37.1 m72.4 m112.9 m37.9 m78.1 m121.9 m44.5 m91.1 m138.1 m

Inventories

(94.1 m)(63.2 m)(136.3 m)(168.7 m)(66.1 m)(137.4 m)(112.8 m)14.4 m27.6 m(33.8 m)(48.9 m)(59.4 m)(83.6 m)

Accounts Payable

94.1 m19.7 m48.7 m102.2 m(40.4 m)(46.8 m)35 m(9.9 m)45.6 m5.7 m73.1 m75.6 m108.2 m
Y, 2017

EV/EBIT

72.1 x

EV/CFO

17 x

Financial Leverage

3.5 x
Show all financial metrics

Polaris Market Value History

Polaris's Web-traffic and Trends

Polaris Online and Social Media Presence

Polaris News and Updates

Land Seismic Equipment and Acquisition Market Research Report 2017 Global Analysis and Forecast to 2021

WiseGuyReports.Com Publish a New Market Research Report On - “Land Seismic Equipment and Acquisition Market Research Report 2017 Global Analysis and Forecast to 2021”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Launching Our New Weekly Newsletter: Airline Innovation Report

We're excited to debut the Skift Airline Innovation Report. We hope it will become an essential tool in keeping abreast of and deciphering developments in the ever-changing global airline industry. -Dennis Schaal

Polaris invests in Baxter Planning Systems

Polaris Partners has made an investment in Austin, Texas-based Baxter Planning Systems, a supply chain SaaS company. No financial terms were disclosed.

KSQ Therapeutics rakes in $76 mln

Cambridge, Massachusetts-based KSQ Therapeutics, a provider of a genome-scale precision functional genomics platform, has secured $76 million in funding. Flagship Pioneering; Polaris Partners, ARCH Venture Partners and Alexandria Equities led the round.

Polaris Company Life and Culture

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