Polaris Balance Sheet
NYSE: PIIConsumer DiscretionaryIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Polaris financial position
At the end of fiscal 2025, Polaris reported total assets of $4.89 billion, down 11.4% from a year earlier against total liabilities of $4.05 billion. Shareholders' equity stood at $828.4 million, or 16.9% of assets. The company held $138.0 million in cash and equivalents against $1.54 billion of debt, a net debt position of $1.40 billion.
The current ratio (current assets divided by current liabilities) was 0.98, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.86.
Summary generated from market data by MetaCap's automated system. Methodology
Polaris balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 138.00M | 287.80M | 367.80M | 324.50M | 502.30M | 631.70M | 157.10M | 161.20M | 138.34M | 127.33M |
| Receivables | 237.50M | 192.30M | 306.40M | 343.00M | 227.90M | 257.20M | 190.40M | 197.08M | 200.14M | 174.83M |
| Inventory | 1.41B | 1.74B | 1.81B | 1.90B | 1.51B | 1.18B | 1.12B | 969.51M | 783.96M | 746.53M |
| Total Current Assets | 2.21B | 2.63B | 2.69B | 2.77B | 2.56B | 2.21B | 1.63B | 1.49B | 1.25B | 1.19B |
| Property, Plant & Equipment | 1.03B | 1.19B | 1.20B | 1.02B | 927.70M | 888.80M | 899.80M | 843.12M | 747.19M | 727.60M |
| Goodwill | 348.80M | 393.50M | 394.40M | 386.20M | 391.30M | 397.30M | 659.90M | 647.10M | 433.37M | 421.56M |
| Intangible Assets | 451.20M | 542.70M | 512.00M | 524.40M | 543.90M | 686.40M | 830.30M | 870.52M | 347.21M | 371.42M |
| Total Assets | 4.89B | 5.53B | 5.52B | 5.22B | 5.05B | 4.63B | 4.43B | 4.12B | 3.09B | 3.10B |
| Accounts Payable | 762.50M | 562.80M | 713.10M | 847.60M | 776.00M | 782.20M | 450.20M | 346.29M | 317.38M | 273.74M |
| Short-Term Debt | 34.80M | 434.30M | 54.00M | 553.60M | 553.30M | 142.10M | 166.70M | 66.54M | 47.75M | 3.85M |
| Total Current Liabilities | 2.24B | 2.29B | 1.93B | 2.33B | 2.23B | 1.89B | 1.53B | 1.20B | 1.13B | 959.75M |
| Long-Term Debt | 1.50B | 1.64B | 1.85B | 1.50B | 1.25B | 1.31B | 1.53B | 1.90B | 865.27M | 1.14B |
| Total Liabilities | 4.05B | 4.22B | 4.09B | 4.10B | 3.81B | 3.48B | 3.31B | 3.25B | 2.15B | 2.22B |
| Shareholders' Equity | 828.40M | 1.29B | 1.42B | 1.10B | 1.22B | 1.14B | 1.11B | 867.00M | 931.70M | 867.04M |
| Retained Earnings | -469.00M | 148.90M | 243.50M | 33.80M | 157.30M | 218.40M | 287.30M | 121.11M | 242.76M | 300.08M |
| Total Debt | 1.54B | 2.07B | 1.91B | 2.06B | 1.80B | 1.45B | 1.69B | 1.96B | 913.01M | 1.14B |
| Net Cash (Debt) | -1.40B | -1.78B | -1.54B | -1.73B | -1.30B | -819.00M | -1.54B | -1.80B | -774.67M | -1.01B |
| Shares Outstanding | 56.50M | 56.10M | 56.50M | 57.00M | 60.40M | 61.90M | 61.40M | 60.89M | 63.08M | 63.11M |
This table shows 10 annual periods of Polaris's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PII's reporting calendar. What is a balance sheet?