Polaris Industries Inc (PII)

Official site

CONSUMER CYCLICAL • RECREATIONAL VEHICLES • NYSE

$50.55

-1.02 (-1.99%)

Market Cap: $2.97B

Last updated: Oct 16, 2026 at 4:56 PM ET

Earnings

Performance (10Y)

Beat Rate

87%(34/39)

Avg Surprise

+76.16%

Streak

7 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.58

Range$0.48 - $0.85

16 analysts

EPS RevisionsNo revisions (7d)

30d

EPS Estimate DriftChange to current

90d ago$0.71-17.5%

60d ago$0.59-0.3%

30d ago$0.59-0.2%

7d ago$0.580.0%

Current$0.58

Revenue Consensus

$1.9B

Range$1.8B - $2.0B

16 analysts

Period ending Dec 31, 2026

EPS Consensus$2.25

Range$2.11 - $2.76

17 analysts

Revenue Consensus

$2.0B

Range$1.8B - $2.1B

18 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$2.25	$2.11 - $2.76	-	-	17	-	-
Sep 30, 2026Sep 26EST	-	$0.58	$0.48 - $0.85	-	-	16	1 0 30d	-
Jun 30, 2026Jun 26 Reported Jul 27, 2026Reported Jul 27	$1.97	$0.77	$0.20 - $0.82	+155.84%	Beat	16	0 1 30d	+392.5%
Mar 31, 2026Mar 26 Reported Apr 27, 2026Reported Apr 27	$0.13	N/A	-	+132.50%	Beat	16	5 2 30d	+114.4%
Dec 31, 2025Dec 25 Reported Jan 27, 2026Reported Jan 27	$0.08	$0.04	$0.03 - $0.05	+100.00%	Beat	13	1 8 30d	-91.3%
Sep 30, 2025Sep 25 Reported Oct 28, 2025Reported Oct 28	$0.41	$0.23	$-0.19 - $0.38	+78.26%	Beat	10	7 0 30d	-43.8%
Jun 30, 2025Jun 25 Reported Jul 29, 2025Reported Jul 29	$0.40	$-0.02	$-0.32 - $0.42	+2100.00%	Beat	11	No revisions (30d)	-71.0%
Mar 31, 2025Mar 25 Reported Apr 29, 2025Reported Apr 29	$-0.90	$-0.91	$-0.98 - $-0.79	+1.10%	Beat	12	1 1 30d	-491.3%
Dec 31, 2024Dec 24 Reported Jan 28, 2025Reported Jan 28	$0.92	$0.90	$0.77 - $0.94	+2.22%	Beat	15	1 1 30d	-53.5%
Sep 30, 2024Sep 24 Reported Oct 22, 2024Reported Oct 22	$0.73	$0.91	$0.73 - $1.00	-19.78%	Miss	16	0 4 30d	-73.2%
Jun 30, 2024Jun 24 Reported Jul 23, 2024Reported Jul 23	$1.38	$2.26	$1.90 - $2.49	-38.94%	Miss	16	1 1 30d	-43.0%
Mar 31, 2024Mar 24 Reported Apr 23, 2024Reported Apr 23	$0.23	$0.09	$0.00 - $0.20	+155.56%	Beat	14	1 1 30d	-88.8%
Dec 31, 2023Dec 23 Reported Jan 30, 2024Reported Jan 30	$1.98	$2.60	$2.27 - $2.81	-23.85%	Miss	15	3 1 30d	-42.8%
Sep 30, 2023Sep 23 Reported Oct 24, 2023Reported Oct 24	$2.72	$2.72	$2.52 - $2.90	+0.00%	Beat	14	No revisions (30d)	-16.3%
Jun 30, 2023Jun 23 Reported Jul 25, 2023Reported Jul 25	$2.42	$2.23	$1.99 - $2.46	+8.52%	Beat	13	2 0 30d	+0.0%
Mar 31, 2023Mar 23 Reported Apr 25, 2023Reported Apr 25	$2.05	$1.71	$1.34 - $1.88	+19.88%	Beat	13	0 1 30d	+58.9%
Dec 31, 2022Dec 22 Reported Jan 31, 2023Reported Jan 31	$3.46	$3.26	$3.17 - $3.40	+6.13%	Beat	13	No revisions (30d)	+60.2%
Sep 30, 2022Sep 22 Reported Oct 25, 2022Reported Oct 25	$3.25	$2.78	$2.61 - $2.95	+16.91%	Beat	12	1 1 30d	+64.1%
Jun 30, 2022Jun 22 Reported Jul 26, 2022Reported Jul 26	$2.42	$2.12	$1.78 - $2.55	+14.15%	Beat	13	2 0 30d	-10.4%
Mar 31, 2022Mar 22 Reported Apr 26, 2022Reported Apr 26	$1.29	$1.77	$1.58 - $2.00	-27.12%	Miss	12	No revisions (30d)	-43.9%
Dec 31, 2021Dec 21 Reported Jan 25, 2022Reported Jan 25	$2.16	$2.03	$1.95 - $2.12	+6.40%	Beat	14	1 0 30d	-35.3%
Sep 30, 2021Sep 21 Reported Oct 26, 2021Reported Oct 26	$1.98	$1.96	$1.80 - $2.16	+1.02%	Beat	15	1 0 30d	-30.5%
Jun 30, 2021Jun 21 Reported Jul 27, 2021Reported Jul 27	$2.70	$2.17	$1.99 - $2.33	+24.42%	Beat	16	1 0 30d	+107.7%
Mar 31, 2021Mar 21 Reported Apr 27, 2021Reported Apr 27	$2.30	$1.60	$1.35 - $1.94	+43.75%	Beat	16	4 0 30d	+945.5%
Dec 31, 2020Dec 20 Reported Jan 26, 2021Reported Jan 26	$3.34	$2.90	$2.77 - $3.03	+15.17%	Beat	17	4 0 30d	+82.5%
Sep 30, 2020Sep 20 Reported Oct 27, 2020Reported Oct 27	$2.85	$2.19	$2.04 - $2.63	+30.14%	Beat	16	3 0 30d	+69.6%
Jun 30, 2020Jun 20 Reported Jul 28, 2020Reported Jul 28	$1.30	$0.63	$0.33 - $0.92	+106.35%	Beat	15	4 0 30d	-24.9%
Mar 31, 2020Mar 20 Reported Apr 28, 2020Reported Apr 28	$0.22	N/A	-	-56.00%	Miss	14	1 0 30d	-79.6%
Dec 31, 2019Dec 19 Reported Jan 28, 2020Reported Jan 28	$1.83	$1.79	$1.75 - $1.84	+2.23%	Beat	15	1 0 30d	+0.0%
Sep 30, 2019Sep 19 Reported Oct 22, 2019Reported Oct 22	$1.68	$1.57	$1.53 - $1.71	+7.01%	Beat	15	1 0 30d	-9.7%
Jun 30, 2019Jun 19 Reported Jul 23, 2019Reported Jul 23	$1.73	$1.65	$1.51 - $1.71	+4.85%	Beat	17	No revisions (30d)	-2.3%
Mar 31, 2019Mar 19 Reported Apr 23, 2019Reported Apr 23	$1.08	$0.91	$0.80 - $0.98	+18.68%	Beat	17	1 0 30d	+1.9%
Dec 31, 2018Dec 18 Reported Jan 29, 2019Reported Jan 29	$1.83	$1.82	$1.75 - $1.89	+0.55%	Beat	19	No revisions (30d)	+24.5%
Sep 30, 2018Sep 18 Reported Oct 22, 2018Reported Oct 22	$1.86	$1.56	$1.46 - $1.72	+19.23%	Beat	18	3 0 30d	+27.4%
Jun 30, 2018Jun 18 Reported Jul 25, 2018Reported Jul 25	$1.77	$1.61	$1.55 - $1.69	+9.94%	Beat	18	8 0 30d	+52.6%
Mar 31, 2018Mar 18 Reported Apr 24, 2018Reported Apr 24	$1.06	$0.87	$0.83 - $1.11	+21.84%	Beat	19	4 0 30d	+41.3%
Dec 31, 2017Dec 17 Reported Jan 30, 2018Reported Jan 30	$1.47	$1.47	$1.39 - $1.63	+0.00%	Beat	19	2 0 30d	+24.6%
Sep 30, 2017Sep 17 Reported Oct 24, 2017Reported Oct 24	$1.46	$1.23	$1.12 - $1.58	+18.70%	Beat	19	4 0 30d	-
Jun 30, 2017Jun 17 Reported Jul 20, 2017Reported Jul 20	$1.16	$1.09	$0.99 - $1.14	+6.42%	Beat	17	2 0 30d	-
Mar 31, 2017Mar 17 Reported Apr 25, 2017Reported Apr 25	$0.75	$0.70	-	+7.14%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Jan 24, 2017Reported Jan 24	$1.18	$1.17	-	+0.85%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield5.38%

Forward Annual Dividend$2.72

Payout Ratio62.96%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+1.54%

5Y CAGR+1.56%

PII dividend history and ex-dividend dates Run PII in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	19.52	EV/EBITDA	43.98x
Price/FCF	43.45x	FCF Yield	2.30%
Profitability
Profit Margin	-3.46%	Operating Margin	7.17%
ROE	-25.60%	ROIC	-5.24%
Financial Health
Debt/Equity	2.33x	Interest Coverage	2.03x
Current Ratio	1.20x	Quick Ratio	0.47x
Trading Statistics
Beta	1.34	Avg Volume	843.95K
52-Week High	$77.16	52-Week Low	$46.19

Technical Indicators Dashboard

Moving Averages

SMA 10$52.21

SMA 20$52.78

SMA 50$59.47

SMA 200$62.49

EMA 10$52.03

EMA 20$53.50

EMA 50$57.78

EMA 200$60.71

MACD

Line: -2.21Signal: -2.44Hist: 0.23

ADX

ADX: 43.3+DI: 12.8-DI: 26.8

Aroon & PSAR

Aroon UpN/A

Aroon Down100.0

PSAR$52.96

Bollinger Bands

Upper Band$55.14

Lower Band$50.42

%B Position894%(Upper)

Band Width0.03

RSI (14-Day)

Oversold

28.0

Momentum Oscillators

Stoch %K12.0

Stoch %D12.0

Williams %R-92.5

ROC (10d)-3.1%

Momentum-1.59

CCI (20d)-167.8

MFI (14d)41.4

Volatility Measures

ATR (14d)$1.71(3.4%)

StdDev (20d)1.18

Hist Vol21.9%(Moderate)

Volume Flow

VWAP$50.73

OBV29.6M

AD Line-413.3M

CMF (20d)-0.077

Volume Metrics

Avg Vol (20d)837.1K

Vol Ratio1.2x

VWMA (20d)$52.88

Pivot Points

R3$54.37

R2$53.46

R1$52.52

Pivot Point$51.62

S1$50.68

S2$49.77

S3$48.83

Advanced Oscillators

TSI-40.41

Ultimate Osc43.8

KST-128.72

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$2.02B	$1.66B	$2.01B	$1.84B	$1.85B	$1.54B	$1.85B	$1.72B	$1.96B	$1.74B	$2.37B	$2.25B
Cost of Revenue	$1.54B	$1.32B	$1.54B	$1.46B	$1.49B	$1.29B	$1.40B	$1.37B	$1.54B	$1.41B	$1.81B	$1.74B
Gross Profit	$478.30M	$334.80M	$468.50M	$380.30M	$359.20M	$245.00M	$455.50M	$354.60M	$424.00M	$330.30M	$557.30M	$508.80M

Operating Expenses	$329.50M	$373.90M	$788.60M	$359.90M	$372.10M	$281.10M	$389.70M	$288.50M	$304.30M	$291.30M	$414.60M	$307.70M
R&D	$93.60M	$82.30M	$105.90M	$92.80M	$90.30M	$82.90M	$78.20M	$84.10M	$86.80M	$87.80M	$92.80M	$91.80M
SG&A	$142.90M	$162.50M	$193.90M	$117.80M	$127.40M	$102.70M	$126.20M	$100.90M	$110.40M	$99.00M	$136.90M	$91.30M
Operating Income	$148.80M	$-39,100,000	$-320,100,000	$20.40M	$-12,900,000	$-36,100,000	$65.80M	$66.10M	$119.70M	$39.00M	$142.70M	$201.10M

Interest Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest Expense	$33.70M	$30.40M	$31.00M	$33.10M	$33.20M	$34.10M	$34.30M	$36.20M	$34.60M	$31.90M	$32.80M	$32.50M
Income Before Tax	$133.40M	$-57,700,000	$-356,900,000	$-12,100,000	$-92,600,000	$-71,100,000	$12.20M	$35.00M	$85.90M	$7.70M	$120.80M	$181.70M
Income Tax Expense	$26.80M	$-10,500,000	$-53,600,000	$3.60M	$-13,500,000	$-4,400,000	$1.40M	$7.40M	$17.00M	$3.80M	$17.50M	$30.20M

Net Income	$106.60M	$-47,200,000	$-303,300,000	$-15,700,000	$-79,100,000	$-66,700,000	$10.80M	$27.60M	$68.90M	$3.90M	$103.30M	$151.50M

EBITDA	$232.40M	$35.90M	$-258,300,000	$93.60M	$13.50M	$36.40M	$126.00M	$145.60M	$190.00M	$102.50M	$225.60M	$280.60M
EBIT	$167.10M	$-27,300,000	$-325,900,000	$21.00M	$-59,400,000	$-37,000,000	$46.50M	$71.20M	$120.50M	$39.60M	$153.60M	$214.20M

* Some calculated fields are derived from available data when not provided by source

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News

Polaris stock rises 5.12 percent, target sits 22.30 percent higher

Polaris stock increased by 5.12 percent on the NYSE on October 15, 2026, trading at EUR 47.66. Robert W. Baird lowered its price target for Polaris to USD 65.00...

ad-hoc-news.de•Oct 15, 2026 3:01 PM ET10/15/26•Bullish

Godfrey Pontoon Boats Reimagines Sport Luxury With The All-new 2027 Aquapatio

Godfrey Pontoon Boats has unveiled the completely redesigned 2027 AquaPatio, a sport-luxury pontoon informed by customer and dealer feedback. This new model features a more intuitive helm...

Polaris•Oct 13, 2026 1:12 PM ET10/13/26•Bullish

Polaris Inc. (PII) Stock Forecasts

This article provides a stock forecast for Polaris Inc. (PII) from Argus, dated October 7, 2026. Polaris designs and manufactures off-road vehicles, snowmobiles, motorcycles...

Yahoo! Finance Canada•Oct 13, 2026 9:10 AM ET10/13/26•Neutral

Polaris Inc. (NYSE:PII) Stock Rated "Hold" by Sell-Side Analysts

Polaris Inc. (NYSE:PII) has received a consensus "Hold" rating from sell-side analysts, with an average 12-month price target of $65.89. The stock is currently trading near its 52-week low with a 5.3% dividend yield....

MarketBeat•Oct 10, 2026 2:09 AM ET10/10/26•Neutral

Polaris Schedules Third Quarter 2026 Earnings Conference Call and Webcast

Polaris Inc. (NYSE: PII) announced its third quarter 2026 financial results will be released on Tuesday, October 27...

Motor Sports Newswire•Oct 7, 2026 3:12 PM ET10/7/26•Neutral

PII Valuation and Fair Value

P/E: 19.5x
Forward P/E: 13.1x
EV/EBITDA: 44.0x
P/FCF: 43.5x
PEG: 3.3x
P/B: 3.5x

See GNG's fair value

PII Profitability: Margins, ROIC and FCF

Gross margin: 22.1%
Operating margin: 7.2%
Net margin: -3.5%
ROIC: -5.2%
ROE: -25.6%
FCF margin: 0.9%
FCF yield: 2.3%

PII Competitors

Company	Ticker
Miniso Group Holding Ltd	MNSO
Group 1 Automotive Inc	GPI
Shake Shack Inc	SHAK
Hilton Grand Vacations Inc	HGV
Pattern Group Inc. Series A Common Stock	PTRN
Harley-Davidson Inc	HOG
Columbia Sportswear Company	COLM
Callaway Golf Company	MODG

Sector: Consumer Cyclical

PII Analyst Ratings

Consensus: Hold
Analysts: 18
Strong Buy: 2
Buy: 2
Hold: 13
Sell: 0
Strong Sell: 1

PII Bull Case vs Bear Case

Bull case

PII beat EPS estimates in 87.5% of its last 8 reported quarters.

Bear case

PII has a -3.5% net profit margin.
PII has a debt-to-equity ratio of 2.3x.

PII Earnings: Beat Rate and Next Report

Beat rate: 7 of 8 quarters (87.5%)
Average surprise: 318.8%
EPS estimate (fiscal period ending Sep 30, 2026): $0.58
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 1 up, 0 down

PII Dividend

Forward yield: 5.4%
Payout ratio: 63.0%
3Y DPS growth: 1.5%
5Y DPS growth: 1.6%
Pay months: Mar, Jun, Sep, Dec

PII dividend history

Frequently Asked Questions About PII

What is PII's current dividend yield?

Polaris Industries Inc (PII) has a forward dividend yield of 5.38%.

Does PII pay dividends?

Yes, Polaris Industries Inc pays dividends with a forward dividend yield of 5.38%.

What is PII's P/E ratio?

Polaris Industries Inc has a price-to-earnings (P/E) ratio of 19.52.

What is PII's market cap?

Polaris Industries Inc (PII) has a market capitalization of $2.97B with a current stock price of $50.55.

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