Recognized as the leader in the powersports industry, Polaris Industries is a fast growing, innovative, global organization. The people here at Polaris don’t just create products — they are part of a lifestyle. It’s the passion & execution of those people and their ideas that inspires the innovation that runs through everything we do. Polaris Industries Inc. is a global powersports leader that designs, engineers, manufactures and markets a wide variety of innovative, high quality sport and utility vehicles. Polaris fuels the passion of riders, workers and outdoor enthusiasts with our RANGER®, RZR® and POLARIS GENERAL™ side-by-side off-road vehicles; our SPORTSMAN® and POLARIS ACE® all-terrain off-road vehicles; VICTORY® and INDIAN MOTORCYCLE® midsize and heavyweight motorcycles; SLINGSHOT® moto-roadsters; and Polaris RMK®, INDY®, SWITCHBACK® and RUSH® snowmobiles. Polaris enhances the riding experience with parts, garments, and accessories sold under multiple recognizable brands, and has a growing presence globally in adjacent markets with products including military and commercial off-road vehicles, quadricycles, and electric vehicles.
Polaris prides itself on recognizing and developing top talent to take its people and company to the next level. Competitive salary, generous benefits and a comprehensive relocation plan are just a few components of the total compensation package offered at Polaris. Are you ready to join a company where you will work hard and play hard, and be rewarded for your performance?
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
Polaris Data and Metrics
Polaris Financial Metrics
Polaris's revenue was reported to be $1.2 b in Q1, 2017
USD
Revenue (Q1, 2017) | 1.2 b |
Gross profit (Q1, 2017) | 242.5 m |
Gross profit margin (Q1, 2017), % | 21% |
Net income (Q1, 2017) | (2.9 m) |
EBIT (Q1, 2017) | 21.1 m |
Market capitalization (25-Jul-2017) | 6 b |
Cash (31-Mar-2017) | 137.5 m |
Polaris's current market capitalization is $6 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 45.9 m | 61.7 m | 69.3 m | 78.5 m |
Revenue growth, % | 34% | 12% | 13% | |
Cost of goods sold | 2.7 b | 3.2 b | 3.4 b | 3.4 b |
Gross profit | (2.6 b) | (3.1 b) | (3.3 b) | (3.3 b) |
Gross profit Margin, % | (5687%) | (5025%) | (4777%) | (4248%) |
R&D expense | 185.1 m | |||
General and administrative expense | 306.4 m | |||
Operating expense total | 588.9 m | 666.2 m | 692.2 m | 833.8 m |
EBIT | 580.3 m | 718.8 m | 722.9 m | 350.3 m |
EBIT margin, % | 1264% | 1166% | 1043% | 446% |
Interest expense | 6.2 m | 11.2 m | 11.5 m | 16.3 m |
Pre tax profit | 574.4 m | 699.3 m | 685.7 m | 313.3 m |
Income tax expense | 193.4 m | 245.3 m | 230.4 m | 100.3 m |
Net Income | 377.3 m | 454 m | 455.4 m | 212.9 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.1 b | 1.5 b | 983 m | 1.1 b | 1.2 b | 1.2 b | |||
Cost of goods sold | 804.9 m | 1 b | 735.4 m | 846.3 m | 924.3 m | 911.3 m | |||
Gross profit | 319.4 m | 415.6 m | 247.6 m | 284.5 m | 260.8 m | 242.5 m | |||
Gross profit Margin, % | 28% | 29% | 25% | 25% | 22% | 21% | |||
R&D expense | 41.4 m | 44.4 m | 43.1 m | 45.6 m | 47.6 m | 52 m | |||
General and administrative expense | 51.9 m | 56.4 m | 69.6 m | 64.6 m | 85.3 m | 75.5 m | |||
Operating expense total | 93.4 m | 100.8 m | 112.7 m | 110.1 m | 132.8 m | 127.5 m | |||
EBIT | 164 m | 242.7 m | 77.1 m | 117 m | 57.4 m | 21.1 m | |||
EBIT margin, % | 15% | 17% | 8% | 10% | 5% | 2% | |||
Interest expense | 3 m | 3 m | 2.9 m | 3.8 m | 4.1 m | 7.9 m | |||
Pre tax profit | 156.6 m | 239.7 m | 72.1 m | 109.8 m | 45.8 m | (333 k) | |||
Income tax expense | 55.7 m | 84.5 m | 25.3 m | 38.6 m | 13.5 m | 2.6 m | |||
Net Income | 177.8 m | 318.6 m | 88.6 m | 189.5 m | 344.7 m | 46.9 m | 118.1 m | 150.4 m | (2.9 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 92.2 m | 137.6 m | 155.3 m | 127.3 m |
Accounts Receivable | 186.2 m | 204.9 m | 150.8 m | 174.8 m |
Inventories | 746.5 m | |||
Current Assets | 865.7 m | 1.1 b | 1.2 b | 1.2 b |
PP&E | 455.2 m | 555.4 m | 650.7 m | 727.6 m |
Total Assets | 1.7 b | 2.1 b | 2.4 b | 3.1 b |
Accounts Payable | 238 m | 343.5 m | 299.7 m | 273.7 m |
Total Debt | 283.8 m | 202.5 m | 1.1 b | |
Current Liabilities | 748.1 m | 850.8 m | 826.8 m | 959.8 m |
Total Liabilities | 2.2 b | |||
Additional Paid-in Capital | 360.6 m | 486 m | 596.1 m | 650.2 m |
Retained Earnings | 155.6 m | 401.8 m | 447.2 m | 300.1 m |
Total Equity | 981.5 m | 867 m | ||
Debt to Equity Ratio | 1.3 x | |||
Debt to Assets Ratio | 0.2 x | 0.1 x | 0.4 x | |
Financial Leverage | 2.4 x | 3.6 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 119 m | 169 m | 111 m | 118.8 m | 225.3 m | 145.8 m | 146.6 m | 122.7 m | 137.5 m |
Accounts Receivable | 135.4 m | 153.8 m | 173.2 m | 151.5 m | 176.2 m | 124.6 m | 142.4 m | 152.3 m | 176.3 m |
Inventories | 559.9 m | 582.2 m | 629.3 m | 708.3 m | 674.6 m | 710 m | 692.3 m | 755.9 m | 800.6 m |
Current Assets | 993.4 m | 1.1 b | 1.1 b | 1.2 b | 1.3 b | 1.1 b | 1.1 b | 1.1 b | 1.3 b |
PP&E | 532.4 m | 538 m | 558.8 m | 569.1 m | 587.9 m | 675.2 m | 696.2 m | 687.7 m | 729.1 m |
Total Assets | 1.9 b | 2 b | 2.1 b | 2.2 b | 2.3 b | 2.4 b | 2.4 b | 2.5 b | 3.1 b |
Accounts Payable | 289.4 m | 340.6 m | 304.7 m | 300.6 m | 381.2 m | 293.5 m | 348.4 m | 309 m | 348 m |
Current Liabilities | 725.4 m | 825.3 m | 750.1 m | 751.7 m | 909.6 m | 794.3 m | 881.9 m | 986.1 m | 986.4 m |
Additional Paid-in Capital | 410.5 m | 452.1 m | 543.8 m | 567.3 m | 583.4 m | 608 m | 626.9 m | 639.3 m | 664 m |
Retained Earnings | 265.7 m | 372.1 m | 373.6 m | 371.5 m | 409.7 m | 382 m | 367.5 m | 355 m | 241.2 m |
Total Equity | 884.7 m | 937.4 m | 930.9 m | 924.2 m | 928.3 m | 835.8 m | |||
Financial Leverage | 2.5 x | 2.5 x | 2.6 x | 2.6 x | 2.7 x | 3.8 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 377.3 m | 454 m | 455.4 m | 212.9 m |
Depreciation and Amortization | 92.1 m | 127.5 m | 152.1 m | 167.5 m |
Inventories | (52 m) | (160 m) | (150 m) | 112 m |
Accounts Payable | 51.5 m | 105.8 m | (46.1 m) | (62.7 m) |
Cash From Operating Activities | 492.2 m | 529.3 m | 440.2 m | 571.8 m |
Purchases of PP&E | (251.4 m) | (205.1 m) | (249.5 m) | (209.1 m) |
Cash From Investing Activities | (406.7 m) | (246.8 m) | (289.1 m) | (909.3 m) |
Cash From Financing Activities | (409 m) | (222.6 m) | (120.1 m) | 314.5 m |
Income Taxes Paid | 162.6 m | 261.6 m | 244.3 m | 126.8 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 177.8 m | 318.6 m | 88.6 m | 189.5 m | 344.7 m | 46.9 m | 118.1 m | 150.4 m | (2.9 m) |
Depreciation and Amortization | 56.8 m | 91 m | 37.1 m | 72.4 m | 112.9 m | 37.9 m | 78.1 m | 121.9 m | 44.5 m |
Inventories | (136.3 m) | (168.7 m) | (66.1 m) | (137.4 m) | (112.8 m) | 14.4 m | 27.6 m | (33.8 m) | (48.9 m) |
Accounts Payable | 48.7 m | 102.2 m | (40.4 m) | (46.8 m) | 35 m | (9.9 m) | 45.6 m | 5.7 m | 73.1 m |
Cash From Operating Activities | 130.9 m | 380.4 m | 4.2 m | 89.9 m | 464 m | 139 m | 348.3 m | 426.2 m | 50.9 m |
Purchases of PP&E | (101.6 m) | (146.5 m) | (30.8 m) | (88.7 m) | (149 m) | (54.8 m) | (117.6 m) | (155.4 m) | (38.4 m) |
Cash From Investing Activities | (116.8 m) | (163.5 m) | (41.2 m) | (110.5 m) | (169.1 m) | (107.5 m) | (159.3 m) | (187.8 m) | (24.7 m) |
Cash From Financing Activities | 12.8 m | (131.9 m) | 19.1 m | 8.8 m | (196 m) | (45 m) | (198.4 m) | (271.1 m) | (20 m) |
Income Taxes Paid | 12.4 m | 86.5 m | 141.4 m | 6.6 m | 35 m | 82.8 m | 3.7 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 185 k |
Financial Leverage | 3.8 x |
