Craft

Polaris

Stock Price

$107.7

2023-09-07

Market Capitalization

$6.1 B

2023-09-07

Revenue

$8.6 B

FY, 2022

Polaris Summary

Company Summary

Overview
Polaris (formerly known as Polaris Industries) 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
Status
Active
Founded
1954
HQ
Medina, MN, US | view all locations
Website
https://www.polaris.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Michael T. Speetzen

    Michael T. Speetzen, Chief Executive Officer

  • Lucy Clark Dougherty

    Lucy Clark Dougherty, Senior Vice President, General Counsel and Corporate Secretary

    • Michael F. Donoughe

      Michael F. Donoughe, Sr. Vice President, Chief Technical Officer and Head of Electrification

    • Michael D. Dougherty

      Michael D. Dougherty, President of On-Road and International

    Operating MetricsView all

    Models (Global Adjacent Markets)

    48
    43.5%

    FY, 2021

    Models (Snowmobiles)

    58
    27.5%

    FY, 2021

    Facility Space Leased, sq. ft.

    2

    FY, 2021

    LocationsView all

    32 locations detected

    • Medina, MN HQ

      United States

      2100 Hwy 55

    • Elkhart, IN

      United States

      2805 Decio Dr

    • Fernley, NV

      United States

      1755 N Nevada Pacific Pkwy

    • Madison, AL

      United States

      7049 Greenbrier Pkwy NW

    • Mendota Heights, MN

      United States

      1110 Centre Pointe Curve #101

    • Monticello, MN

      United States

      213 Chelsea Rd

    and 26 others

    Polaris Financials

    Summary Financials

    Revenue (Q2, 2023)
    $2.2B
    Gross profit (Q2, 2023)
    $505.0M
    Net income (Q2, 2023)
    $134.3M
    Cash (Q2, 2023)
    $340.4M
    EBIT (Q2, 2023)
    $196.0M
    Enterprise value
    $7.8B

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