Polaris Inc. (PII)

From the record

Polaris Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Polaris Inc.'s 10 filed years say what it did: revenue went from $4.5 billion in fiscal 2016 to $7.2 billion in fiscal 2025, up 5.2% a year; it rose in 6 of 9 years; the deepest fall was 20% from fiscal 2023 to fiscal 2025; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Polaris Inc.'s diluted share count shrank about 1.8% a year, and dividends and buybacks returned about 37% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 8 sales and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Polaris Inc. lost about 56 cents for every dollar of shareholders' money, and gross profitability: its products earned about 28 cents per dollar of everything the company owns. Leverage: it owed about 83 cents per dollar of assets, and net share issuance: its share count grew 0.2% over the year (the filed statements).

From the record

Polaris Inc.'s standing among 30 graded names in its industry family: revenue of $7.2 billion in fiscal 2025 ranks in the top 20% by size; a net margin of -6.5% ranks in the bottom 35%; revenue growth of -5.9% a year over the last 3 filed years ranks in the bottom 32% (its annual reports).

From the record

Polaris Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Speetzen, Michael T (CEO, as filed), filing under that title since 2021-01-29, 5.8 years (top 50% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 10.8 years (top 12%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Polaris Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $138 million against debt of $1.5 billion leaves -28% of its assets as net cash, bottom 15% of its family; cash from operations less capital spending is 7.8% of revenue (top 22%); a gross margin of 19.1% (top 39%); research spending of 5.2% of revenue (top 31%) (its annual report).

From the record

Polaris Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -5.9% a year over the last three filed years against 5.2% over all 10, slowing (bottom 38% of its family); the newest year grew -0.3% (bottom 40%); research spending grew 0.5% a year (bottom 25%); capital spending grew -15.8% a year (bottom 43%) (its annual reports). Polaris Inc. reported 3 lines of business in fiscal 2025: Off Road at $5.7 billion (80%), On Road at $927 million (13%), Marine at $512 million (7%); 2 of 3 grew against the year before (its annual report).

From the record

Polaris Inc.'s newest year against its own record: revenue of $7.2 billion in fiscal 2025 came in 9% above the $6.6 billion its prior three years' pace pointed to (top 30% of its family); net income of $466 million against a prior three-year average of $354 million (bottom 9%); a net margin of -6.5% against 4.1% before (bottom 20%) (its annual reports).