To the full analysis
Polaris stock: growth
PIIPolaris reported $7.15B in revenue for fiscal 2025, down 0.3% on the prior year, up 2.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
8%
per year from 2006 to 2025, per share 10%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
9.9%
per year from 2006 to 2025, per share 11.9%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 0.4% | 4.2% | 8.0% |
| Revenue per share | 2.1% | 5.8% | 10.0% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | −7.1% | 11.3% | 9.9% |
| Free cash flow per share | −5.5% | 13.0% | 11.9% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $1.66B | $111.98M | $92.99M |
| 2007 | $1.78B | $111.65M | $146.41M |
| 2008 | $1.95B | $117.4M | $99.18M |
| 2009 | $1.57B | $101.02M | $149.27M |
| 2010 | $1.99B | $147.14M | $241.9M |
| 2011 | $2.66B | $227.58M | $218.05M |
| 2012 | $3.21B | $312.31M | $313.03M |
| 2013 | $3.78B | $377.29M | $240.84M |
| 2014 | $4.48B | $454.03M | $324.19M |
| 2015 | $4.72B | $455.36M | $190.75M |
| 2016 | $4.52B | $212.95M | $362.65M |
| 2017 | $5.43B | $172.49M | $395.59M |
| 2018 | $6.08B | $335.26M | $251.7M |
| 2019 | $6.78B | $323.96M | $403.66M |
| 2020 | $7.03B | $124.8M | $804.7M |
| 2021 | $7.44B | $493.9M | −$4.6M |
| 2022 | $8.59B | $589.7M | $202M |
| 2023 | $8.93B | $502.8M | $513.2M |
| 2024 | $7.18B | $110.8M | $6.5M |
| 2025 | $7.15B | −$465.5M | $558.1M |
Revenue by segment
How Polaris Inc. makes its money and how that has shifted. Names are as the company reports them.
- Wholegoods74%
- PG&A26%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| Wholegoods | $6.95B | $7.12B | $5.47B | $5.28B | 73.8% |
| PG&A | $1.64B | $1.81B | $1.71B | $1.87B | 26.2% |
| Total revenue | $8.59B | $8.93B | $7.18B | $7.15B | 100% |
Revenue by region
Where Polaris Inc. generates its revenue.
- United States79%
- EMEA11%
- Canada6%
- Apla4%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| United States | $6.81B | $7.12B | $5.63B | $5.66B | 79.2% |
| EMEA | $844.7M | $886.2M | $802.9M | $790M | 11% |
| Canada | $606.7M | $584M | $446.2M | $419.9M | 5.9% |
| Apla | $328.4M | $342M | $297.3M | $279.8M | 3.9% |
| Total revenue | $8.59B | $8.93B | $7.18B | $7.15B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 21 Feb 2025)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.