Polaris (PII) stock price, revenue, and financials

Polaris market cap is $6 b, and annual revenue was $6.78 b in FY 2019

$6 B

PII Mkt cap, 15-Oct-2020

$1.5 B

Polaris Revenue Q2, 2020
Polaris Gross profit (Q2, 2020)332.7 M
Polaris Gross profit margin (Q2, 2020), %22%
Polaris Net income (Q2, 2020)-235.4 M
Polaris EBIT (Q2, 2020)-295.4 M
Polaris Cash, 30-Jun-2020544.4 M
Polaris EV7.5 B

Polaris Revenue

Polaris revenue was $6.78 b in FY, 2019 which is a 11.6% year over year increase from the previous period.

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Polaris Revenue Breakdown

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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 Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.5b5.4b6.1b6.8b

Revenue growth, %

(4%)20%12%12%

Cost of goods sold

3.4b4.1b4.6b5.1b

Gross profit

1.1b1.3b1.5b1.6b

Gross profit Margin, %

24%24%25%24%

Sales and marketing expense

342.2m471.8m491.8m559.1m

R&D expense

185.1m238.3m259.7m292.9m

General and administrative expense

306.4m331.2m349.8m393.9m

Operating expense total

833.8m1.0b1.1b1.2b

EBIT

350.3m359.7m487.4m483.7m

EBIT margin, %

8%7%8%7%

Interest expense

16.3m32.2m57.0m77.6m

Pre tax profit

313.3m318.8m429.2m407.8m

Income tax expense

100.3m146.3m94.0m83.9m

Net Income

212.9m172.5m335.3m324.0m

EPS

3.32.75.25.2

Polaris Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

127.3m138.3m161.2m157.1m

Accounts Receivable

174.8m200.1m197.1m190.4m

Prepaid Expenses

91.6m101.5m121.5m125.9m

Inventories

746.5m784.0m969.5m1.1b

Current Assets

1.2b1.3b1.5b1.6b

PP&E

727.6m747.2m843.1m899.8m

Goodwill

421.6m433.4m647.1m1.5b

Total Assets

3.1b3.1b4.1b4.4b

Accounts Payable

273.7m317.4m346.3m450.2m

Short-term debt

3.8m47.7m66.5m201.6m

Current Liabilities

959.8m1.1b1.2b1.5b

Long-term debt

1.1b865.3m1.9b1.6b

Total Debt

1.1b913.0m1.9b1.8b

Total Liabilities

2.2b2.1b3.3b3.3b

Common Stock

631.0k631.0k609.0k614.0k

Additional Paid-in Capital

650.2m733.9m808.0m892.8m

Retained Earnings

300.1m242.8m121.4m287.3m

Total Equity

867.0m931.7m867.0m1.1b

Debt to Equity Ratio

1.3 x1 x2.2 x1.6 x

Debt to Assets Ratio

0.4 x0.3 x0.5 x0.4 x

Financial Leverage

3.6 x3.3 x4.8 x4 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

137.5m127.4m132.3m191.3m210.0m183.4m151.4m96.1m122.2m424.4m544.4m

Accounts Receivable

176.3m169.3m184.1m186.0m190.3m217.7m206.8m224.5m217.2m167.9m195.2m

Prepaid Expenses

81.2m85.2m80.9m96.2m106.6m105.1m106.5m112.9m118.6m112.2m103.5m

Inventories

800.6m816.0m841.9m922.9m925.2m1.0b1.1b1.1b1.3b1.2b1.0b

Current Assets

1.3b1.2b1.2b1.4b1.4b1.5b1.6b1.6b1.7b2.0b1.9b

PP&E

729.1m736.9m735.4m760.0m762.3m807.5m868.1m889.8m887.6m886.1m873.7m

Goodwill

423.0m427.8m430.8m435.6m430.7m637.5m1.5b1.5b1.5b1.5b

Total Assets

3.1b3.1b3.1b3.2b3.2b4.1b4.4b4.4b4.5b4.8b4.3b

Accounts Payable

348.0m352.5m385.9m366.9m361.7m436.4m436.9m418.9m584.5m556.1m545.6m

Short-term debt

2.9m2.8m27.8m65.2m40.1m66.6m66.5m66.5m66.7m203.6m571.8m

Current Liabilities

986.4m1.0b1.2b1.1b1.1b1.3b1.2b1.3b1.5b1.9b

Long-term debt

1.2b1.1b892.1m964.2m1.1b1.8b2.1b1.9b1.8b2.1b1.5b

Total Debt

1.2b1.1b920.0m1.0b1.1b1.9b2.0b1.8b1.7b2.3b2.0b

Total Liabilities

2.3b2.3b2.2b2.2b2.3b3.2b3.5b3.4b3.5b3.8b3.5b

Common Stock

630.0k626.0k625.0k631.0k622.0k618.0k611.0k611.0k612.0k600.0k600.0k

Preferred Stock

Additional Paid-in Capital

664.0m679.7m688.8m755.9m791.1m799.6m820.8m844.6m867.2m898.4m921.3m

Retained Earnings

241.2m227.9m250.5m247.0m140.0m152.6m127.5m177.5m228.8m210.6m(69.3m)

Total Equity

835.8m853.8m896.0m973.5m877.5m898.3m879.5m952.1m1.0b1.0b753.2m

Debt to Equity Ratio

1.4 x1.3 x1 x1.1 x1.3 x2.1 x2.3 x1.9 x1.7 x

Debt to Assets Ratio

0.4 x0.3 x0.3 x0.3 x0.3 x0.4 x0.5 x0.4 x0.4 x

Financial Leverage

3.8 x3.6 x3.5 x3.3 x3.7 x4.6 x5 x4.6 x4.5 x4.8 x5.7 x

Polaris Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

212.9m172.5m335.3m323.9m

Depreciation and Amortization

167.5m191.1m211.0m234.5m

Accounts Receivable

2.0m(17.1m)20.7m6.8m

Inventories

112.0m(27.0m)(149.7m)(149.9m)

Accounts Payable

(62.7m)39.5m(984.0k)103.8m

Cash From Operating Activities

571.8m580.0m477.1m655.0m

Purchases of PP&E

(209.1m)(184.4m)(225.4m)(251.4m)

Cash From Investing Activities

(909.3m)(151.1m)(959.5m)(239.3m)

Long-term Borrowings

(2.6b)(2.4b)(2.6b)(3.6b)

Dividends Paid

(140.3m)(145.4m)(149.0m)(149.1m)

Cash From Financing Activities

314.5m(427.7m)523.4m(411.8m)

Net Change in Cash

(28.0m)11.0m31.5m3.2m

Interest Paid

15.8m30.9m51.0m77.0m

Income Taxes Paid

126.8m46.3m74.0m87.8m

Polaris Ratios

USDFY, 2016

Revenue/Employee

451.7k

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.6 x

Polaris Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Manufacturing Facilities

18 16 19 19

Distribution Centers

30 30 33 33

Models (Off-Road Vehicles)

55 61 68 56 63

Models (Snowmobiles)

39 40 41 29 30

Models (Motorcycles)

21 24 20 21 25

Models (Global Adjacent Markets)

60 68 69 60

Independent Dealers (North America)

1.80 k1.80 k1.80 k2.25 k2.20 k

Independent International Dealers

1.70 k1.70 k1.40 k1.45 k1.40 k

Independent Distributors (outside of North America)

75 80 90 85 85

Polaris Employee Rating

3.2335 votes
Culture & Values
3.5
Work/Life Balance
3
Senior Management
3.2
Salary & Benefits
3.6
Career Opportunities
3.2
Source