PII
Polaris Inc. Industrials Miscellaneous Transportation Equipment Russell 3000
$59.41Close
$3.4BMarket cap
$46.92 – $73.9152-week range
Jan 26, 2027Next report · estimated
Highlights
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Lagging the market RS 26 · weaker than 74% of stocks over 12 months
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
20%
1wk
up 8.4%
price change
1mo
up 13.9%
price change
12-month return
down 8%
market up 11% ·
its own down 19%
F-score
3 / 9
Weak
Altman Z
1.58
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
4.1×
price / book
Earnings yield
down 7.4%
EBIT / enterprise value
Cheaper than
49%
of the market · around average
Revenue growth
0%
year on year
EPS growth
—
latest quarter
Sales growth
up 11%
latest quarter · +2 pts
ROE
down 44%
return on equity
Free cash margin
up 8%
$558.1M FCF
D/E
1.82
long-term debt / equity
Net debt / EBITDA
—
Interest cover
Lossoperating loss
Piotroski tests
- not yet profitable on its assets
- profitability slipped from last year
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- generating cash from operations
- profits backed by cash
- reduced long-term debt
Repair signals
- Long-term debt down 26% ($2.0B → $1.5B)
Trade setup
ATR%
3.8%
$2.23 a day · 2×ATR $54.94
RS
26 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
1.1×
vs 50-day average
Up/down volume
1.03
50 sessions
Implied move
—
no scheduled report
Trend template · 3 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: fails
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: passes
- At least 30% above the 52-week low: fails
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Material impairment The company disclosed a material impairment - an asset written down below the value the balance sheet had been carrying.
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
- Gross margin narrowing Gross margin fell from 20.4% to 19.1%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 0.3% over the year, from $7.2B to $7.2B.
Last reported
Oct 27, 2026
Results reaction
Oct 27, 2026+5% vs market2 sessions after results
Financials
- Gross 19%
- Net -7%
- Free cash 8%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $6.3B | $7.4B | $8.6B | $8.9B | $7.2B | $7.2B |
| Gross margin | 24% | 24% | 23% | 22% | 20% | 19% |
| Operating income | $521.0M | $712.0M | $804.5M | $700.9M | $290.6M | -$348.7M |
| Net income | $124.8M | $493.9M | $447.1M | $502.8M | $110.8M | -$465.5M |
| Net margin | 2% | 7% | 5% | 6% | 2% | -7% |
| Earnings per share | $1.99 | $7.88 | $7.44 | $8.71 | $1.95 | -$8.18 |
| Free cash flow | $814.3M | $10.9M | $202.0M | $513.2M | $6.5M | $558.1M |
| Free cash margin | 13% | 0% | 2% | 6% | 0% | 8% |
| Cash | $631.7M | $502.3M | $324.5M | $367.8M | $287.8M | $138.0M |
| Long-term debt | $1.3B | $1.2B | $1.5B | $1.9B | $2.0B | $1.5B |
| Shareholders' equity | $1.1B | $1.2B | $1.1B | $1.4B | $1.3B | $828.4M |
| Shares outstanding | 61.90m | 60.40m | 57m | 56.50m | 56.10m | 56.50m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 27, 2026 | Quarterly ↗ | Sep 30, 2026 | 27d |
| Jul 28, 2026 | Quarterly ↗ | Jun 30, 2026 | 28d |
| Apr 28, 2026 | Quarterly ↗ | Mar 31, 2026 | 28d |
| Feb 13, 2026 | Annual ↗ | Dec 31, 2025 | 44d |
| Oct 28, 2025 | Quarterly ↗ | Sep 30, 2025 | 28d |
| Jul 29, 2025 | Quarterly ↗ | Jun 30, 2025 | 29d |
| Apr 30, 2025 | Quarterly ↗ | Mar 31, 2025 | 30d |
| Feb 18, 2025 | Annual ↗ | Dec 31, 2024 | 49d |
| Oct 22, 2024 | Quarterly ↗ | Sep 30, 2024 | 22d |
| Jul 23, 2024 | Quarterly ↗ | Jun 30, 2024 | 23d |
| Apr 23, 2024 | Quarterly ↗ | Mar 31, 2024 | 23d |
| Feb 16, 2024 | Annual ↗ | Dec 31, 2023 | 47d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 27, 2026 | Results ↗ |
| Jul 28, 2026 | Results ↗ |
| Jun 22, 2026 | Director or officer change ↗ |
| May 1, 2026 | Director or officer change · Shareholder vote ↗ |
| Apr 28, 2026 | Results ↗ |
| Jan 27, 2026 | Results ↗ |
| Jan 9, 2026 | Director or officer change ↗ |
| Nov 13, 2025 | Other events ↗ |
| Oct 28, 2025 | Results ↗ |
| Oct 14, 2025 | Results · Impairment · Director or officer change ↗ |
| Jul 29, 2025 | Results ↗ |
| Jul 2, 2025 | Material agreement · New obligation · Other events ↗ |