Craft

Polaris

Stock Price

$92.3

2024-02-22

Market Capitalization

$5.2 B

2024-02-22

Revenue

$8.9 B

FY, 2023

Polaris Summary

Company Summary

Overview
Polaris (formerly known as Polaris Industries) is a company that designs, engineers, and manufactures powersports vehicles. It operates through 3 segments: Off Road, On Road, and Marine. The Off Road segment designs and manufactures off-road vehicles (ORVs) and snowmobiles. The On Road segment consists of motorcycles, moto-roadsters, light-duty hauling, and passenger vehicles. The Marine segment creates boats for the recreational marine industry, specifically pontoon and deck boats. Polaris 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, Director

  • James P. Williams

    James P. Williams, Senior Vice President and Chief Human Resources Officer

  • Pamela L. Kermisch

    Pamela L. Kermisch, Chief Customer Growth Officer

  • Christopher G. Wolf

    Christopher G. Wolf, Chief Product Excellence, Quality and Safety Officer

Operating MetricsView all

Facility Space Owned, sq. ft.

9M
11.5%

FY, 2022

Facility Space Leased, sq. ft.

684K
70.8%

FY, 2022

Models (Motorcycles)

35
2.9%

FY, 2022

LocationsView all

28 locations detected

  • Medina, MN HQ

    United States

    2100 Hwy 55

  • Battle Ground, WA

    United States

    1600 SE 19th Ave

  • Fernley, NV

    United States

    1755 N Nevada Pacific Pkwy

  • Madison, AL

    United States

    7049 Greenbrier Pkwy NW

  • Monticello, MN

    United States

    213 Chelsea Rd

  • Osceola, WI

    United States

    108 Industrial Dr

and 22 others

Polaris Financials

Summary Financials

Revenue (FY, 2023)
$8.9B
Gross profit (FY, 2023)
$2.0B
Net income (FY, 2023)
$502.7M
Cash (FY, 2023)
$367.8M
EBIT (FY, 2023)
$700.9M
Enterprise value
$6.7B

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