OverviewSuggest Edit
Polaris is a company that designs, engineers and manufactures powersports vehicles. It offers off-road vehicles, such as all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, as well as snowmobiles, motorcycles, and global adjacent markets vehicles, including commercial, government and defense vehicles, and boats. The company also provides related parts, garments, and accessories, as well as aftermarket accessories and apparel that are sold through dealers, distributors, and retail stores.
| Type | Public | |
| Founded | 1954 | |
| HQ | Medina, US | Map |
| Website | polaris.com | |
| Employee Ratings | More |
Key People/Management at Polaris
Scott W. Wine
Kenneth J. Pucel
James P. Williams
Michael T. Speetzen
Stephen L. Eastman
Craig A. Scanlon
Polaris Office Locations
Polaris Financials and Metrics
Polaris Revenue
| USD | |
|---|---|
Revenue (Q2, 2020) | 1.5b |
Gross profit (Q2, 2020) | 332.7m |
Gross profit margin (Q2, 2020), % | 22% |
Net income (Q2, 2020) | (235.4m) |
EBIT (Q2, 2020) | (295.4m) |
Market capitalization (18-Sept-2020) | 5.5b |
Closing stock price (18-Sept-2020) | 89.6 |
Cash (30-Jun-2020) | 544.4m |
EV | 7.0b |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.2b | 1.4b | 1.5b | 1.3b | 1.5b | 1.7b | 1.5b | 1.8b | 1.8b | 1.4b | 1.5b |
Cost of goods sold | 911.3m | 1.0b | 1.1b | 974.0m | 1.1b | 1.3b | 1.1b | 1.3b | 1.3b | 1.1b | 1.2b |
Gross profit | 242.5m | 350.4m | 364.0m | 323.5m | 385.2m | 401.3m | 352.4m | 436.4m | 436.5m | 292.9m | 332.7m |
Gross profit Margin, % | 21% | 26% | 25% | 25% | 26% | 24% | 24% | 25% | 25% | 21% | 22% |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 137.5m | 127.4m | 132.3m | 191.3m | 210.0m | 183.4m | 151.4m | 96.1m | 122.2m | 424.4m | 544.4m |
Accounts Receivable | 176.3m | 169.3m | 184.1m | 186.0m | 190.3m | 217.7m | 206.8m | 224.5m | 217.2m | 167.9m | 195.2m |
Prepaid Expenses | 81.2m | 85.2m | 80.9m | 96.2m | 106.6m | 105.1m | 106.5m | 112.9m | 118.6m | 112.2m | 103.5m |
Inventories | 800.6m | 816.0m | 841.9m | 922.9m | 925.2m | 1.0b | 1.1b | 1.1b | 1.3b | 1.2b | 1.0b |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (2.9m) | 59.1m | 141.0m | 55.7m | 148.3m | 243.8m | 48.4m | 136.5m | 224.9m | (5.4m) | (240.8m) |
Depreciation and Amortization | 44.5m | 91.1m | 138.1m | 52.7m | 98.6m | 155.9m | 54.4m | 111.9m | 173.0m | 62.4m | 127.1m |
Inventories | (48.9m) | (59.4m) | (83.6m) | (135.8m) | (146.7m) | (201.2m) | (180.0m) | (159.1m) | (304.3m) | (121.5m) | 91.8m |
Accounts Payable | 73.1m | 75.6m | 108.2m | 48.1m | 45.8m | 90.8m | 91.2m | 72.0m | 239.2m | 106.3m | 95.3m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 451.7k |
Debt/Equity | 1.3 x |
Debt/Assets | 0.4 x |
Financial Leverage | 3.6 x |
Polaris Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Larson Boats LLC | January 21, 2019 | |
| Larson Escape | January 21, 2019 | |
| LarsonFX | January 21, 2019 | |
| Striper | January 21, 2019 | |
| WSI Industries | September 06, 2018 | $23.90 m |
| Boat Holdings | May 30, 2018 | $805 m |
| Transamerican Auto Parts | October 12, 2016 | $665 m |
| Aixam Mega | April 12, 2013 | |
| Indian Motorcycle | April 20, 2011 | |
| Aixam Immobilier S.A.S. |
Polaris Cybersecurity Score
Polaris Revenue Breakdown
Polaris revenue breakdown by business segment: 9.2% from Boats, 8.6% from Motorcycles, 62.1% from ORV/Snowmobiles, 6.8% from Global Adjacent Markets and 13.4% from Aftermarket
Polaris revenue breakdown by geographic segment: 9.4% from EMEA, 5.8% from Canada, 81.9% from United States and 2.9% from Other
Polaris Online and Social Media Presence
1.13k Twitter followers
Polaris has 1.13k Twitter Followers. The number of followers has increased 4.3% month over month and decreased 83.8% quarter over quarter
Polaris's Trends
Twitter Engagement Stats for @PolarisInc
213
Tweets
19
Following
1.1k
Followers
12
Tweets last 30 days
4
Avg. likes per Tweet
100%
Tweets with engagement
Polaris News and Updates
Polaris Takes Additional Measures To Address Covid-19 Impact
Polaris and UMC Enter into License Agreement
Polaris to suspend production at certain U.S. plants, halt stock repurchases
Polaris Transportation Group Acquires PRI Logistics
CEOs, CLOs and a Diverse Selection of Executives From AB-InBev, Panasonic, WarnerMedia, Polaris and More to Focus on New Strategies and Purpose at the 12th Annual Global Ethics Summit
Polaris Transportation Group Wins Major Industry Award
Polaris Frequently Asked Questions
When was Polaris founded?
Polaris was founded in 1954.
Who are Polaris key executives?
Polaris's key executives are Scott W. Wine, Kenneth J. Pucel and James P. Williams.
How many employees does Polaris have?
Polaris has 14,000 employees.
What is Polaris revenue?
Latest Polaris annual revenue is $6.8 b.
What is Polaris revenue per employee?
Latest Polaris revenue per employee is $484.5 k.
Who are Polaris competitors?
Competitors of Polaris include Otokar, Arctic Cat and Yamaha Motor.
Where is Polaris headquarters?
Polaris headquarters is located at 2100 Hwy 55, Medina.
Where are Polaris offices?
Polaris has offices in Medina, Elkhart, Fernley, Huntsville and in 28 other locations.
How many offices does Polaris have?
Polaris has 33 offices.
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