Polaris Industries
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 7.0b | 8.2b | 8.6b | 8.9b | 7.3b | 7.8b | 8.1b |
% growth | 4 % | 17 % | 5 % | 4 % | (18 %) | 6 % | 3 % |
EBITDA | 848m | 944m | 1.1b | 1.0b | 685m | 853m | 963m |
% EBITDA margin | 12 % | 12 % | 12 % | 11 % | 9 % | 11 % | 12 % |
Profit | 125m | 494m | 447m | 503m | 191m | 334m | 400m |
% profit margin | 2 % | 6 % | 5 % | 6 % | 3 % | 4 % | 5 % |
EV / revenue | 1.0x | 1.0x | 0.9x | 0.8x | 0.9x | 0.8x | 0.8x |
EV / EBITDA | 8.0x | 8.9x | 7.1x | 6.9x | 9.3x | 7.5x | 6.6x |
R&D budget | 296m | 337m | 367m | 374m | - | - | - |
R&D % of revenue | 4 % | 4 % | 4 % | 4 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | $700k | Grant | |
* | N/A | $500m | Post IPO Debt |
Total Funding | $700k |
Recent News about Polaris Industries
EditPolaris Inc., established in 1954, is a leading innovator in the powersports industry, consistently pushing the boundaries of outdoor recreational and work-related vehicles. The company designs and manufactures a wide range of products, including all-terrain vehicles (ATVs), side-by-sides, snowmobiles, motorcycles, and boats. Polaris caters to a diverse clientele, from outdoor enthusiasts seeking adventure to professionals needing reliable equipment for work.
Operating in the global powersports market, Polaris has carved out a niche by focusing on high-performance, reliable, and customizable vehicles. Their products are designed to enhance the outdoor experience, whether for leisure or utility purposes. The company serves individual consumers, adventure outfitters, and rental services, providing them with top-tier vehicles that combine performance, comfort, and style.
Polaris employs a multifaceted business model. It generates revenue through direct sales of its vehicles and accessories, a robust dealer network, and a unique subscription service called Polaris Adventures. This program allows members to rent various Polaris vehicles, such as ATVs and snowmobiles, on a monthly basis, offering flexible and accessible outdoor experiences. Additionally, Polaris Adventures partners with local outfitters to provide curated outdoor experiences, further expanding its market reach.
The company’s financial success is driven by its continuous innovation, strong brand reputation, and the ability to meet the evolving needs of its customers. Polaris also emphasizes community involvement and sustainability, ensuring that its growth positively impacts both society and the environment.
Keywords: Powersports, ATVs, Snowmobiles, Motorcycles, Boats, Outdoor Adventures, Subscription Service, Innovation, Reliability, Customization.