(PII) Polaris Industries - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US7310681025
Stock: Off-Road, On-Road, Marine
Total Rating 53
Risk 65
Buy Signal 0.57
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.55% |
| Yield on Cost 5y | 2.56% |
| Yield CAGR 5y | 1.55% |
| Payout Consistency | 94.7% |
| Payout Ratio | 3.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 47.4% |
| Relative Tail Risk | -11.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.05 |
| Alpha | 41.23 |
| Character TTM | |
|---|---|
| Beta | 1.414 |
| Beta Downside | 1.547 |
| Drawdowns 3y | |
|---|---|
| Max DD | 75.22% |
| CAGR/Max DD | -0.17 |
Description: PII Polaris Industries January 11, 2026
Polaris Inc. (NYSE:PII) designs, engineers, manufactures, and markets a broad portfolio of powersports products-including off-road vehicles (ATVs and side-by-sides), snowmobiles, motorcycles, and marine craft-through three operating segments: Off-Road, On-Road, and Marine. The company sells its goods via an extensive dealer network, direct-to-consumer channels, and online marketplaces, and also offers a wide range of accessories, apparel, and gear to complement its core vehicles.
Key recent metrics highlight the business’s scale and growth dynamics: FY 2023 revenue reached approximately $5.3 billion, with the Off-Road segment contributing roughly 70 % of sales, while the On-Road segment posted double-digit revenue growth driven by new electric-vehicle (EV) models. Adjusted EBITDA margin hovered around 15 %, and free cash flow exceeded $600 million, supporting a robust dividend yield of ~ 2.5 %. The sector is highly sensitive to consumer-discretionary spending, weather-dependent demand for snowmobiles, and macro-level trends such as the “stay-outside” lifestyle surge that has been fueling higher unit volumes across the powersports market.
For a deeper dive into Polaris’ valuation metrics and scenario analysis, you might find ValueRay’s platform useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: -465.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 12.42 > 1.0 |
| NWC/Revenue: -0.51% < 20% (prev 4.73%; Δ -5.24% < -1%) |
| CFO/TA 0.15 > 3% & CFO 741.0m > Net Income -465.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (56.9m) vs 12m ago 0.18% < -2% |
| Gross Margin: 18.52% > 18% (prev 0.19%; Δ 1833 % > 0.5%) |
| Asset Turnover: 137.3% > 50% (prev 129.9%; Δ 7.42% > 0%) |
| Interest Coverage Ratio: -3.01 > 6 (EBITDA TTM -114.0m / Interest Expense TTM 132.8m) |
Altman Z'' -0.44
| A: -0.01 (Total Current Assets 2.21b - Total Current Liabilities 2.24b) / Total Assets 4.89b |
| B: -0.03 (Retained Earnings -127.3m / Total Assets 4.89b) |
| C: -0.08 (EBIT TTM -399.9m / Avg Total Assets 5.21b) |
| D: 0.20 (Book Value of Equity 828.4m / Total Liabilities 4.05b) |
| Altman-Z'' Score: -0.44 = B |
Beneish M -3.05
| DSRI: 1.16 (Receivables 239.5m/207.4m, Revenue 7.15b/7.18b) |
| GMI: 1.05 (GM 18.52% / 19.43%) |
| AQI: 1.10 (AQ_t 0.31 / AQ_t-1 0.29) |
| SGI: 1.00 (Revenue 7.15b / 7.18b) |
| TATA: -0.25 (NI -465.5m - CFO 741.0m) / TA 4.89b) |
| Beneish M-Score: -3.05 (Cap -4..+1) = AA |
What is the price of PII shares?
As of February 07, 2026, the stock is trading at USD 69.33 with a total of 446,169 shares traded.
Over the past week, the price has changed by +8.60%, over one month by -0.90%, over three months by +7.60% and over the past year by +61.37%.
Over the past week, the price has changed by +8.60%, over one month by -0.90%, over three months by +7.60% and over the past year by +61.37%.
Is PII a buy, sell or hold?
Polaris Industries has received a consensus analysts rating of 3.06.
Therefor, it is recommend to hold PII.
- StrongBuy: 2
- Buy: 0
- Hold: 13
- Sell: 1
- StrongSell: 1
What are the forecasts/targets for the PII price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 68.4 | -1.4% |
| Analysts Target Price | 68.4 | -1.4% |
| ValueRay Target Price | 77.6 | 11.9% |
PII Fundamental Data Overview February 01, 2026
P/E Forward = 32.3625
P/S = 0.4962
P/B = 4.3918
P/EG = 2.5365
Revenue TTM = 7.15b USD
EBIT TTM = -399.9m USD
EBITDA TTM = -114.0m USD
Long Term Debt = 1.50b USD (from longTermDebt, last quarter)
Short Term Debt = 34.8m USD (from shortTermDebt, last quarter)
Debt = 1.54b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.40b USD (from netDebt column, last quarter)
Enterprise Value = 4.99b USD (3.59b + Debt 1.54b - CCE 138.0m)
Interest Coverage Ratio = -3.01 (Ebit TTM -399.9m / Interest Expense TTM 132.8m)
EV/FCF = 8.95x (Enterprise Value 4.99b / FCF TTM 558.1m)
FCF Yield = 11.18% (FCF TTM 558.1m / Enterprise Value 4.99b)
FCF Margin = 7.80% (FCF TTM 558.1m / Revenue TTM 7.15b)
Net Margin = -6.51% (Net Income TTM -465.5m / Revenue TTM 7.15b)
Gross Margin = 18.52% ((Revenue TTM 7.15b - Cost of Revenue TTM 5.83b) / Revenue TTM)
Gross Margin QoQ = 20.22% (prev 19.64%)
Tobins Q-Ratio = 1.02 (Enterprise Value 4.99b / Total Assets 4.89b)
Interest Expense / Debt = 2.01% (Interest Expense 31.0m / Debt 1.54b)
Taxrate = 21.0% (US default 21%)
NOPAT = -315.9m (EBIT -399.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.98 (Total Current Assets 2.21b / Total Current Liabilities 2.24b)
Debt / Equity = 1.86 (Debt 1.54b / totalStockholderEquity, last quarter 828.4m)
Debt / EBITDA = -12.29 (negative EBITDA) (Net Debt 1.40b / EBITDA -114.0m)
Debt / FCF = 2.51 (Net Debt 1.40b / FCF TTM 558.1m)
Total Stockholder Equity = 1.10b (last 4 quarters mean from totalStockholderEquity)
RoA = -8.94% (Net Income -465.5m / Total Assets 4.89b)
RoE = -42.42% (Net Income TTM -465.5m / Total Stockholder Equity 1.10b)
RoCE = -15.37% (EBIT -399.9m / Capital Employed (Equity 1.10b + L.T.Debt 1.50b))
RoIC = -10.33% (negative operating profit) (NOPAT -315.9m / Invested Capital 3.06b)
WACC = 8.27% (E(3.59b)/V(5.13b) * Re(11.13%) + D(1.54b)/V(5.13b) * Rd(2.01%) * (1-Tc(0.21)))
Discount Rate = 11.13% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.26%
[DCF Debug] Terminal Value 69.01% ; FCFF base≈558.1m ; Y1≈366.4m ; Y5≈167.2m
Fair Price DCF = 30.58 (EV 3.12b - Net Debt 1.40b = Equity 1.72b / Shares 56.2m; r=8.27% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -76.23 | EPS CAGR: -52.36% | SUE: 0.06 | # QB: 0
Revenue Correlation: -54.81 | Revenue CAGR: 2.04% | SUE: 0.92 | # QB: 1
EPS next Quarter (2026-03-31): EPS=-0.45 | Chg30d=-0.003 | Revisions Net=-1 | Analysts=13
EPS current Year (2026-12-31): EPS=1.64 | Chg30d=-0.045 | Revisions Net=-2 | Growth EPS=+16538.6% | Growth Revenue=+1.1%
EPS next Year (2027-12-31): EPS=3.30 | Chg30d=-0.123 | Revisions Net=-1 | Growth EPS=+100.7% | Growth Revenue=+4.2%
P/S = 0.4962
P/B = 4.3918
P/EG = 2.5365
Revenue TTM = 7.15b USD
EBIT TTM = -399.9m USD
EBITDA TTM = -114.0m USD
Long Term Debt = 1.50b USD (from longTermDebt, last quarter)
Short Term Debt = 34.8m USD (from shortTermDebt, last quarter)
Debt = 1.54b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.40b USD (from netDebt column, last quarter)
Enterprise Value = 4.99b USD (3.59b + Debt 1.54b - CCE 138.0m)
Interest Coverage Ratio = -3.01 (Ebit TTM -399.9m / Interest Expense TTM 132.8m)
EV/FCF = 8.95x (Enterprise Value 4.99b / FCF TTM 558.1m)
FCF Yield = 11.18% (FCF TTM 558.1m / Enterprise Value 4.99b)
FCF Margin = 7.80% (FCF TTM 558.1m / Revenue TTM 7.15b)
Net Margin = -6.51% (Net Income TTM -465.5m / Revenue TTM 7.15b)
Gross Margin = 18.52% ((Revenue TTM 7.15b - Cost of Revenue TTM 5.83b) / Revenue TTM)
Gross Margin QoQ = 20.22% (prev 19.64%)
Tobins Q-Ratio = 1.02 (Enterprise Value 4.99b / Total Assets 4.89b)
Interest Expense / Debt = 2.01% (Interest Expense 31.0m / Debt 1.54b)
Taxrate = 21.0% (US default 21%)
NOPAT = -315.9m (EBIT -399.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.98 (Total Current Assets 2.21b / Total Current Liabilities 2.24b)
Debt / Equity = 1.86 (Debt 1.54b / totalStockholderEquity, last quarter 828.4m)
Debt / EBITDA = -12.29 (negative EBITDA) (Net Debt 1.40b / EBITDA -114.0m)
Debt / FCF = 2.51 (Net Debt 1.40b / FCF TTM 558.1m)
Total Stockholder Equity = 1.10b (last 4 quarters mean from totalStockholderEquity)
RoA = -8.94% (Net Income -465.5m / Total Assets 4.89b)
RoE = -42.42% (Net Income TTM -465.5m / Total Stockholder Equity 1.10b)
RoCE = -15.37% (EBIT -399.9m / Capital Employed (Equity 1.10b + L.T.Debt 1.50b))
RoIC = -10.33% (negative operating profit) (NOPAT -315.9m / Invested Capital 3.06b)
WACC = 8.27% (E(3.59b)/V(5.13b) * Re(11.13%) + D(1.54b)/V(5.13b) * Rd(2.01%) * (1-Tc(0.21)))
Discount Rate = 11.13% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.26%
[DCF Debug] Terminal Value 69.01% ; FCFF base≈558.1m ; Y1≈366.4m ; Y5≈167.2m
Fair Price DCF = 30.58 (EV 3.12b - Net Debt 1.40b = Equity 1.72b / Shares 56.2m; r=8.27% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -76.23 | EPS CAGR: -52.36% | SUE: 0.06 | # QB: 0
Revenue Correlation: -54.81 | Revenue CAGR: 2.04% | SUE: 0.92 | # QB: 1
EPS next Quarter (2026-03-31): EPS=-0.45 | Chg30d=-0.003 | Revisions Net=-1 | Analysts=13
EPS current Year (2026-12-31): EPS=1.64 | Chg30d=-0.045 | Revisions Net=-2 | Growth EPS=+16538.6% | Growth Revenue=+1.1%
EPS next Year (2027-12-31): EPS=3.30 | Chg30d=-0.123 | Revisions Net=-1 | Growth EPS=+100.7% | Growth Revenue=+4.2%