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?
Type
Public
HQ
Medina, US
Founded
1954
Size (employees)
6,237 (est)-23%
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 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.
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)

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 m666.2 m692.2 m833.8 m

EBIT

580.3 m718.8 m722.9 m350.3 m

EBIT margin, %

1264%1166%1043%446%

Interest expense

6.2 m11.2 m11.5 m16.3 m

Pre tax profit

574.4 m699.3 m685.7 m313.3 m

Income tax expense

193.4 m245.3 m230.4 m100.3 m

Net Income

377.3 m454 m455.4 m212.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

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

Cost of goods sold

804.9 m1 b735.4 m846.3 m924.3 m911.3 m

Gross profit

319.4 m415.6 m247.6 m284.5 m260.8 m242.5 m

Gross profit Margin, %

28%29%25%25%22%21%

R&D expense

41.4 m44.4 m43.1 m45.6 m47.6 m52 m

General and administrative expense

51.9 m56.4 m69.6 m64.6 m85.3 m75.5 m

Operating expense total

93.4 m100.8 m112.7 m110.1 m132.8 m127.5 m

EBIT

164 m242.7 m77.1 m117 m57.4 m21.1 m

EBIT margin, %

15%17%8%10%5%2%

Interest expense

3 m3 m2.9 m3.8 m4.1 m7.9 m

Pre tax profit

156.6 m239.7 m72.1 m109.8 m45.8 m(333 k)

Income tax expense

55.7 m84.5 m25.3 m38.6 m13.5 m2.6 m

Net Income

177.8 m318.6 m88.6 m189.5 m344.7 m46.9 m118.1 m150.4 m(2.9 m)
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

PP&E

455.2 m555.4 m650.7 m727.6 m

Total Assets

1.7 b2.1 b2.4 b3.1 b

Accounts Payable

238 m343.5 m299.7 m273.7 m

Total Debt

283.8 m202.5 m1.1 b

Current Liabilities

748.1 m850.8 m826.8 m959.8 m

Total Liabilities

2.2 b

Additional Paid-in Capital

360.6 m486 m596.1 m650.2 m

Retained Earnings

155.6 m401.8 m447.2 m300.1 m

Total Equity

981.5 m867 m

Debt to Equity Ratio

1.3 x

Debt to Assets Ratio

0.2 x0.1 x0.4 x

Financial Leverage

2.4 x3.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

119 m169 m111 m118.8 m225.3 m145.8 m146.6 m122.7 m137.5 m

Accounts Receivable

135.4 m153.8 m173.2 m151.5 m176.2 m124.6 m142.4 m152.3 m176.3 m

Inventories

559.9 m582.2 m629.3 m708.3 m674.6 m710 m692.3 m755.9 m800.6 m

Current Assets

993.4 m1.1 b1.1 b1.2 b1.3 b1.1 b1.1 b1.1 b1.3 b

PP&E

532.4 m538 m558.8 m569.1 m587.9 m675.2 m696.2 m687.7 m729.1 m

Total Assets

1.9 b2 b2.1 b2.2 b2.3 b2.4 b2.4 b2.5 b3.1 b

Accounts Payable

289.4 m340.6 m304.7 m300.6 m381.2 m293.5 m348.4 m309 m348 m

Current Liabilities

725.4 m825.3 m750.1 m751.7 m909.6 m794.3 m881.9 m986.1 m986.4 m

Additional Paid-in Capital

410.5 m452.1 m543.8 m567.3 m583.4 m608 m626.9 m639.3 m664 m

Retained Earnings

265.7 m372.1 m373.6 m371.5 m409.7 m382 m367.5 m355 m241.2 m

Total Equity

884.7 m937.4 m930.9 m924.2 m928.3 m835.8 m

Financial Leverage

2.5 x2.5 x2.6 x2.6 x2.7 x3.8 x
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)

Cash From Operating Activities

492.2 m529.3 m440.2 m571.8 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 m261.6 m244.3 m126.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

177.8 m318.6 m88.6 m189.5 m344.7 m46.9 m118.1 m150.4 m(2.9 m)

Depreciation and Amortization

56.8 m91 m37.1 m72.4 m112.9 m37.9 m78.1 m121.9 m44.5 m

Inventories

(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)

Accounts Payable

48.7 m102.2 m(40.4 m)(46.8 m)35 m(9.9 m)45.6 m5.7 m73.1 m

Cash From Operating Activities

130.9 m380.4 m4.2 m89.9 m464 m139 m348.3 m426.2 m50.9 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 m8.8 m(196 m)(45 m)(198.4 m)(271.1 m)(20 m)

Income Taxes Paid

12.4 m86.5 m141.4 m6.6 m35 m82.8 m3.7 m
USDY, 2017

Revenue/Employee

185 k

Financial Leverage

3.8 x

Polaris Market Value History

Polaris Online and Social Media Presence

Polaris News and Updates

Polaris Company Life and Culture

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