Polaris Cash Flow Statement
NYSE: PIIConsumer DiscretionaryIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Polaris free cash flow
In fiscal 2025, Polaris generated $741.0 million of operating cash flow and spent $182.9 million on capital expenditures. That left free cash flow of $558.1 million, a free-cash-flow margin of 7.8% of revenue. Free cash flow was up 8486.2% from the prior year's $6.5 million.
Polaris returned $152.7 million to shareholders: $150.3 million in dividends and $2.4 million in share repurchases, equal to 27% of free cash flow. Free cash flow covered dividend payments 3.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Polaris cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -464.80M | 111.20M | 502.70M | 447.60M | 494.30M | 124.90M | 323.90M | 335.30M | 172.49M | 212.95M |
| Net Income growth (YoY) | -517.99% | -77.88% | +12.31% | -9.45% | +295.76% | -61.44% | -3.40% | +94.39% | -19.00% | -53.24% |
| Depreciation & Amortization | 286.50M | 286.30M | 258.90M | 232.80M | 216.40M | 235.80M | 234.50M | 211.00M | 191.11M | 167.51M |
| Stock-Based Compensation | 59.90M | 49.20M | 57.40M | 62.90M | 60.60M | 65.30M | 75.00M | 64.00M | 50.05M | 57.93M |
| Change in Working Capital | 528.10M | -56.60M | 217.30M | -318.50M | -532.40M | 215.10M | 53.60M | -137.70M | 72.96M | 199.53M |
| Operating Cash Flow | 741.00M | 268.20M | 925.80M | 508.60M | 293.70M | 1.02B | 655.10M | 477.10M | 585.41M | 589.63M |
| Capital Expenditures | -182.90M | -261.70M | -412.60M | -306.60M | -282.80M | -204.30M | -251.40M | -225.40M | -184.39M | -209.14M |
| Investing Cash Flow | -139.50M | -270.90M | -462.00M | -324.60M | -303.90M | -150.70M | -239.30M | -959.50M | -151.10M | -909.26M |
| Dividends Paid | -150.30M | -147.70M | -147.30M | -150.00M | -153.40M | -152.50M | -149.10M | -149.00M | -145.42M | -140.34M |
| Share Repurchases | -2.40M | -82.70M | -178.60M | -505.00M | -461.60M | -50.30M | -8.40M | -348.70M | -90.46M | -245.82M |
| Debt Issued | 3.14B | 3.69B | 2.77B | 2.99B | 2.42B | 1.37B | 3.37B | — | — | — |
| Debt Repaid | -3.69B | -3.53B | -2.93B | -2.73B | -2.07B | — | — | — | — | — |
| Financing Cash Flow | -693.00M | -59.20M | -431.30M | -363.20M | -107.60M | -415.40M | -411.80M | 523.40M | -427.68M | 314.49M |
| Net Change in Cash | -66.70M | -79.90M | 43.20M | -189.40M | -128.40M | 461.20M | 3.20M | 31.50M | 16.45M | -10.18M |
| Free Cash Flow | 558.10M | 6.50M | 513.20M | 202.00M | 10.90M | 814.30M | 403.70M | 251.70M | 401.02M | 380.49M |
This table shows 10 annual periods of Polaris's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PII's reporting calendar. What is a cash flow statement?