Polaris Industries is a manufacturer of snowmobiles, ATV, and neighborhood electric vehicles. The Company designs, engineers and manufactures powersports vehicles which include, off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and global adjacent markets vehicles, including work & transportation and military vehicles. Polaris products, together with related parts, garments, and accessories, as well as aftermarket accessories and apparel, are sold through dealers and distributors principally located in the United States, Canada, Western Europe, Australia, and Mexico.

Employee Rating

3.2More
TypePublic
HQMedina, US
Founded1954
Size (employees)11,000 (est)
Websitepolaris.com
Polaris was founded in 1954 and is headquartered in Medina, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Polaris

George W. Bilicic

George W. Bilicic

Vice Chairman of Investment Banking at Lazard
Annette K. Clayton

Annette K. Clayton

CEO & President, Schneider Electric North America
Gary E. Hendrickson

Gary E. Hendrickson

Former Chairman and Chief Executive Officer of the Valspar Corporation
Bernd F. Kessler

Bernd F. Kessler

Former Chief Executive Officer of SR Technics AG
Lawrence D. Kingsley

Lawrence D. Kingsley

Former Chairman and Chief Executive Officer of Pall Corporation
Kenneth J. Pucel

Kenneth J. Pucel

Executive Vice President – Operations, Engineering & Lean
Show more

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)
Report incorrect company information

Polaris Financials and Metrics

Polaris Revenue

Embed Graph
Polaris's revenue was reported to be $5.43 b in FY, 2017 which is a 20.2% increase from the previous period.
USD

Revenue (Q3, 2018)

1.7b

Net income (Q3, 2018)

95.5m

EBIT (Q3, 2018)

138.9m

Market capitalization (9-Nov-2018)

5.6b

Closing stock price (9-Nov-2018)

91.0

Cash (30-Sep-2018)

183.4m

EV

7.2b
Polaris's current market capitalization is $5.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

45.9m61.7m4.7b4.5b5.4b

Revenue growth, %

34%7553%(4%)20%

Cost of goods sold

2.7b3.2b3.4b3.4b4.1b

Gross profit

(2.6b)(3.1b)1.3b1.1b1.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

1.1b1.5b983.0m1.1b1.2b1.2b1.4b1.5b1.3b2.8b1.7b

Cost of goods sold

804.9m1.0b735.4m846.3m924.3m911.3m1.0b1.1b974.0m2.1b

Gross profit

319.4m415.6m247.6m284.5m260.8m242.5m350.4m364.0m323.5m708.7m

Gross profit Margin, %

28%29%25%25%22%21%26%25%25%25%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

92.2m137.6m155.3m127.3m138.3m

Accounts Receivable

186.2m204.9m150.8m174.8m200.1m

Inventories

746.5m784.0m

Current Assets

865.7m1.1b1.2b1.2b1.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

387.8m101.8m119.0m169.0m111.0m118.8m225.3m145.8m146.6m122.7m137.5m127.4m132.3m183.4m

Accounts Receivable

157.0m150.5m135.4m153.8m173.2m151.5m176.2m124.6m142.4m152.3m176.3m169.3m184.1m186.0m190.3m217.7m

Inventories

460.6m482.9m559.9m582.2m629.3m708.3m674.6m710.0m692.3m755.9m800.6m816.0m841.9m922.9m925.2m1.0b

Current Assets

1.2b890.5m993.4m1.1b1.1b1.2b1.3b1.1b1.1b1.1b1.3b1.2b1.2b1.4b1.4b1.5b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

377.3m454.0m455.4m212.9m172.5m

Depreciation and Amortization

92.1m127.5m152.1m167.5m191.1m

Inventories

(52.0m)(160.0m)(148.7m)112.0m(27.0m)

Accounts Payable

51.5m105.8m(46.1m)(62.7m)39.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

268.6m80.9m177.8m318.6m88.6m189.5m344.7m46.9m118.1m150.4m(2.9m)59.1m141.0m55.7m148.3m243.8m

Depreciation and Amortization

64.4m28.1m56.8m91.0m37.1m72.4m112.9m37.9m78.1m121.9m44.5m91.1m138.1m52.7m98.6m155.9m

Inventories

(94.1m)(63.2m)(136.3m)(168.7m)(66.1m)(137.4m)(112.8m)14.4m27.6m(33.8m)(48.9m)(59.4m)(83.6m)(135.8m)(146.7m)(201.2m)

Accounts Payable

94.1m19.7m48.7m102.2m(40.4m)(46.8m)35.0m(9.9m)45.6m5.7m73.1m75.6m108.2m48.1m45.8m90.8m
USDY, 2018

EV/EBIT

52 x

EV/CFO

20.4 x

Debt/Equity

2 x

Debt/Assets

0.4 x

Financial Leverage

4.6 x
Show all financial metrics

Polaris Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Falck Safety Services HoldingAugust 29, 2018

Polaris Revenue Breakdown

Embed Graph

Polaris revenue breakdown by business segment: 10.6% from Motorcycles, 65.7% from ORV/Snowmobiles, 7.3% from Global Adjacent Markets and 16.3% from Aftermarket

Polaris revenue breakdown by geographic segment: 8.2% from Other foreign countries, 42.6% from Canada and 49.1% from United States

Report incorrect company information

Polaris Online and Social Media Presence

Embed Graph
Report incorrect company information

Polaris News and Updates

CUBEX® LLC MedBank™ Solutions Expands Partnership with Polaris Pharmacy Services

PHOENIX, Oct. 4, 2018 /PRNewswire/ -- CUBEX LLC's MedBank™ Medical Solutions, a leading provider of first dose and emergency medication management technology, announced today it is expanding its partnership with Florida-based Polaris Pharmacy Services, a top provider of long-term care...

Presciense Debuts Polaris the World's First In-Home Display With Alexa Built-In That Connects the Smart Grid to the Smart Home

LONDON, September 25, 2018 /PRNewswire/ -- Presciense's Polaris In-Home Display (IHD) is a fully-featured smart home gateway with Amazon Alexa built-in that connects directly to smart meters, distributed energy resources and intelligent appliances to deliver meaningful insight, advice and ...

Presciense présente Polaris, le premier écran au monde à intégrer Alexa et relier le réseau intelligent à la maison intelligente

LONDRES, September 25, 2018 /PRNewswire/ -- Le dispositif d'affichage intérieur domestique (in-home display ou IHD) Polaris de Presciense est une passerelle complète pour la maison intelligente. Il intègre en effet l'assistant Alexa d'Amazon qui se connecte directement aux compteurs...

ApoCell Expands Immuno-Oncology Biomarker Services to Develop Liquid Biopsy and Tumor Tissue Tests using the PerkinElmer Vectra Polaris Platform

HOUSTON, Sept. 12, 2018 /PRNewswire/ -- ApoCell, Inc., a pioneer in customized biomarker solutions, today announced the offer of services using the PerkinElmer Vectra® Polaris™ System Automated Quantitative Pathology Imaging System in combination with the company's platform technology to...

Global Automotive Aftermarket Market Size Estimated To Reach USD 519 Billion in 2026: Polaris Market Research

According to a new research published by Polaris Market Research the worldwide Automotive Aftermarket market is anticipated to reach USD 519.2 billion by 2026. Posted via Industry Today. Follow us on Twitter @IndustryToday

Exclusive: Polaris makes significant strategic investment in Iridium Technology

Iridium Technology has today (20 August) signed a significant funding deal with Boston-based investment fund Polaris Growth Fund, an affiliate fund of Polaris Partners, as Iridium’s founders look to scale the fast-growing legal BI business to the next level.
Show more
Report incorrect company information

Polaris Company Life and Culture

Report incorrect company information

Polaris Frequently Asked Questions

  • When was Polaris founded?

    Polaris was founded in 1954.

  • Who are Polaris key executives?

    Polaris's key executives are George W. Bilicic, Annette K. Clayton and Gary E. Hendrickson.

  • How many employees does Polaris have?

    Polaris has 11,000 employees.

  • What is Polaris revenue?

    Latest Polaris annual revenue is $5.4 b.

  • What is Polaris revenue per employee?

    Latest Polaris revenue per employee is $493.5 k.

  • Who are Polaris competitors?

    Competitors of Polaris include Yamaha Motor Co, Arctic Cat and Honda.

  • Where is Polaris headquarters?

    Polaris headquarters is located at 2100 MN-55, Medina.

  • Where are Polaris offices?

    Polaris has offices in Medina, Huntsville, Washington, Minneapolis and in 4 other locations.

  • How many offices does Polaris have?

    Polaris has 8 offices.